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The chances are that if you’re reading this you have heard the phrase “Data is the new oil,” coined by Clive Humby, the British mathematician and architect of early supermarket loyalty rewards schemes. Read more…
Particularly with the industry spotlight on Snowflake following its recent IPO, there’s no shortage of discussion right now around cloud data warehouses, cloud data lakes, and how the two overlap – or don’t. Read more…
Cockroach Labs develops a distributed SQL database that’s designed to survive the type of disasters that would kill everything but the lowly cockroach. That work has now garnered it the title of unicorn, as the company today completed a $160 million round of funding at a $2 billion valuation. Read more…
The great migration of data into the cloud didn’t start in 2020, but it certainly accelerated throughout the year. And according to a new survey from IDG, the overwhelming majority of companies are planning to expand their investments in cloud data warehouses and data lakes in 2021. Read more…
The explosion of data lake analytics in the cloud has been good for Dremio, which today announced the completion of a $135-million Series D round. The company’s valuation has more than doubled in the past year to $1 billion, putting the company in rarified “unicorn” status. Read more…
News In Brief
Aerospike’s connector to the Presto SQL query engine is transitioning from beta to general availability, the real-time NoSQL database vendor said this week.
Presto, the highly parallel and distributed SQL query engine, was originally developed at Facebook (NASDAQ: Read more…
Open source versions of feature stores are emerging that are designed help data scientists avoid reinventing the wheel. One feature store startup is attracting investors by adding a computing layer billed as helping to accelerate enterprise access to AI and advanced analytics. Read more…
Grafana Labs is building on its recent cloud partnership with Amazon Web Services via expanded cloud services that can be used with the Prometheus monitoring platform in an observability stack that also tracks logs and traces. Read more…
“Disrupt, or be disrupted.” That’s the rallying cry of commerce in the 21st century, and big data is the materiel that battles will be fought with. Companies increasingly are turning to chief data officers (CDOs) to become the generals for defining and executing the big data strategies that will enable them to fight off disruptions, and become disrupters themselves. Read more…
Starburst today announced the completion of a $100 million Series C round of funding led by Andreessen Horowitz. With a $1.2 billion valuation and $164 million in total funding, Starburst, which is a big backer of the open source Presto query engine and sells an enterprise version of it, now has additional resources to meet the surging demand for cloud data analytics. Read more…
This Just In
SAN MATEO, Calif., Jan. 15, 2021 — Incorta, a Direct Data Platform, announced that its partnership with CData, a trusted name in standards-based data connectivity, will give customers direct access to analyze and import data from every corner of their enterprise with unprecedented speed and agility. Read more…
NEW YORK, Jan. 15, 2021 — Fractal, a global provider of artificial intelligence and advanced analytics solutions to Fortune 500 companies, today announced the acquisition of Zerogons, for an undisclosed amount. Read more…
CANOGA PARK, Calif., Jan. 12, 2021 — When it comes to 5G—the fifth generation of cellular wireless technology helping us navigate the online world—most businesses are focused on speed. The key to progress is processing the data. Read more…
FOSTER CITY, Calif., Jan. 14, 2021 — GridGain Systems, provider of enterprise-grade in-memory computing solutions powered by the Apache Ignite distributed database, today announced GridGain 8.8, the latest release of the company’s in-memory computing platform. Read more…
SANTA CLARA, Calif., Jan. 14, 2021 — Couchbase, the creator of an enterprise-class, multicloud to edge NoSQL database, today announced that Couchbase Cloud, its award-winning, fully-managed Database-as-a-Service (DBaaS), is now available on Microsoft Azure. Read more…