Business Intelligence Buyer's Guide

Analytics and Data Science News for the Week of May 17; Updates from Alteryx, Databricks, Sigma Computing & More

Analytics and Data Science News for the Week of May 17; Updates from Alteryx, Databricks, Sigma Computing & More

Solutions Review Executive Editor Tim King curated this list of notable analytics and data science news for the week of May 17, 2024.

Keeping tabs on all the most relevant analytics and data science news can be a time-consuming task. As a result, our editorial team aims to provide a summary of the top headlines from the last week, in this space. Solutions Review editors will curate vendor product news, mergers and acquisitions, venture capital funding, talent acquisition, and other noteworthy analytics and data science news items.

Analytics and Data Science News for the Week of May 17, 2024

Alteryx Releases New AiDIN Copilot

AiDIN Copilot will place tools directly on the Alteryx Designer canvas, reduce the time spent on manual configurations, and overall accelerate the analytics process. Users will be able to simply chat with AiDIN Copilot, and it will respond back with best-practice answers to guide the creation of analytics workflows in Alteryx Designer.

Read on for more

Cube Drops New Capabilities to Enable AI & Embedded BI

Cube Cloud’s universal semantic layer gives large language models (LLMs) the context they need to make sense of data and produce more accurate outputs. In addition, Cube Cloud ensures that data used in AI applications can be trusted and remains secure.

Read on for more

Databricks Launches Mosaic AI Traning for Customers

These custom models are especially useful when applied to particular domains (e.g., legal, finance, etc.) and when trained to handle low-resource languages. Customers commonly pre-train custom models or extensively continue training on open source models to power their unique business use cases.

Read on for more

Exasol Finds AI Underinvestment Could Lead to Catastrophe

In partnership with Vanson Bourne, an independent research firm, Exasol surveyed 800 senior decision-makers as well as data scientists and analysts across the U.S., U.K., and Germany to assess enterprises’ data and analytics initiatives, including their top challenges and how they are planning to address those challenges in the short-term (within two years).

Read on for more

Open-Source BI Tool Helical Insight Releases Version 5.2

They are also working on integrating generative AI capabilities into our product. Hence, with this, a lot of advanced ad-hoc analytics can be built using a simple chat interface. This is especially useful if you would like to expose the possibility of allowing to build analytics to a much larger (and mainly nontechnical) audience.

Read on for more

Microsoft Integrates Power BI with Azure Log Analytics

To enhance customer comprehension of the activities of the semantic model, a new event called ‘ExecutionMetrics’ is now generated for each Discover, Command, and Query request. This event provides useful execution metrics for the respective request.

Read on for more

Sigma Computing Secures $200 Million in New Venture Capital

The company announced it has raised $200M in Series D financing to continue transforming BI through its innovations in AI infrastructure, data application development, enterprise-wide collaboration, and business user adoption.

Read on for more

ThoughtSpot Names James Smith VP of EMEA

Smith brings over a decade of experience helping companies transform how they leverage data to make decisions and drive their business. Most recently, Smith served as Tableau’s UK&I General Manager, where he helped companies transform how analysts leverage and present data.

Read on for more

Walmart Set to Launch Luminate Analytics Platform Globally

Mirroring the strategy used in the U.S., this will be a phased launch, starting with Shopper Behavior followed by Channel Performance and Customer Perception. We couldn’t be more excited to extend our innovative retail solutions to these new markets and empower our merchants and suppliers with a shared view of the customer and our products.

Read on for more

Expert Insights Section

Watch this space each week as our editors will share upcoming events, new thought leadership, and the best resources from Insight Jam, Solutions Review’s enterprise tech community for business software pros. The goal? To help you gain a forward-thinking analysis and remain on-trend through expert advice, best practices, predictions, and vendor-neutral software evaluation tools.

NEW Episode of Information Risk with David Loshin: Bad Data → Bad AI

On this episode of Information Risk, David Loshin gets into the perils of using AI and large language models (LLMs). when the data is faulty. Socioeconomic pillars like healthcare, real estate, and law are affected.

Watch free on YouTube

Solutions Review Set to Host Databricks & ZoomInfo for Exclusive Roundtable May 29

With the next Expert Roundtable event, the team at Solutions Review has partnered with Databricks and ZoomInfo to cover why bad data is the problem, how Databricks and ZoomInfo help companies build a unified data foundation that fixes the bad data problem, and how this foundation can be leveraged to easily scale and use data + AI for GenAI.

Register free on LinkedIn

For consideration in future analytics and data science news roundups, send your announcements to the editor:

Share This

Related Posts

Insight Jam Ad

Latest Posts

Insight Jam Ad

Follow Solutions Review