Data specialist Alteryx sold for 4 billion euros to private equity
Data specialist Alteryx will be definitively owned by private investment companies Clearlake Capital Group and Insight Partners for a total of 4 billion euros ($4.4 billion). This brings an end to a sale process that started earlier this year.
Alteryx, a data science and analytics specialist, ha... Read more
KX widens access to vector databases for real-time AI apps
It’s a time of seismic adjustment in the database universe. The Silicon Valley data behemoths (there’s a well-known company that starts with the letter O, but there are others too) are busy working to apply autonomous management advantages to their existing stacks to automate-away the sysadmin/... Read more
At Summit 2023, Snowflake expands the foundation for data apps
Snowflake is hosting the Summit 2023 conference this week, where it is unveiling innovations for developers and data experts. For these IT professionals, Snowflake aims to provide the foundation for data apps. SVP of Product Christian Kleinerman explains to us what features are coming to the Data C... Read more
MongoDB.local NYC: Atlas reaches new peak
MongoDB.local NYC kicked off this week in New York as part of the company’s programme of more localised developer conferences. With just one main keynote session delivered initially by MongoDB CEO and president Dev Ittycheria, the audience consisted of programmers with an additional quotient of s... Read more
Don’t be silly, use Sensible ML
Monty Python’s much-loved Graham Chapman used to cut some of the comedy troup’s zanier sketches short by jumping into scenes dressed as a British Army colonel with full military uniform regalia and a customary baton tucked under his arm.
“Stop this now, it’s far too silly! Move along now... Read more
AI development startup Dataiku secures $200M funding round
Dataiku, an AI development startup, announced it has secured a $200 million funding round that values the startup at over $2 billion.
The funding round was led by venture capital firm Insight Partners and supported by established investors, including Battery Ventures, Dawn Capital, and FirstMark... Read more
TIBCO introduces ModelOps for real-time data analytics
TIBCO launched TIBCO ModelOps. The solution supports real-time data analysis through AI models. No-code and low-code are central to the design, allowing a larger number of employees to leverage data in less time.
TIBCO ModelOps helps businesses analyse data using AI models. The solution combine... Read more
‘Demand for AI and ML customization leads to skills shortage’
European organizations prefer customized solutions when applying AI and ML functionality. According to a study by Rackspace, this greatly contributes to a shortage of well-qualified personnel,
The report underscores a growing number of European organizations using or wanting to use AI or ML for... Read more
Analytics in the cloud: how valuable is it?
The cloud is an indispensable tool in IT strategy. Speed, scalability and simplicity are some of the many reasons. Analytics can also benefit from such advantages. Yet, cloud analytics not often has the highest priority in modernization projects. Mathias Coopmans, EMEA cloud & architecture lead... Read more
Red Hat offers more machine learning capabilities via OpenShift
Red Hat launches a managed OpenShift Data Science service to enable organizations in using machine learning capabilities.
With the move, Red Hat offers data scientists a customizable machine learning platform. Red Hat's solution includes a collection of open-source tools and technology that allo... Read more