Data Management News for the Week of November 3; Updates from Anomalo, Denodo, Immuta & More

Solutions Review editors curated this list of the most noteworthy data management news items for the week of November 3, 2023.

Keeping tabs on all the most relevant big data and data management 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 big data and data management news items.

Top Data Management News for the Week Ending November 3, 2023

Airbyte’s New ‘Powered’ Version Offers Embedded Integrations into Apps

“Powered by Airbyte” removes the time-consuming task of building data integrations from scratch. Instead, using Airbyte’s extensive library of connectors enables rapid data movement and synchronization between various sources and destinations. This novel approach liberates engineering teams from the burdensome task of integration development.

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Axway Survey Reveals Trends in Enterprise API Management 

The survey found that while more than 60 percent of Americans feel open banking is positive and 62 percent want healthcare providers to share their health records with other providers, nearly 56 percent don’t know where their data is stored, and 87 percent wish they knew what data companies collected about them.

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Cloudera Announces Pinecone Partnership; Names New Chief of Finance & Product

The partnership will see Cloudera integrate Pinecone’s best-in-class vector database into Cloudera Data Platform. Chief Product Officer Dipto Chakravarty comes from Amazon, where he was the head of local data engineering in the artificial general intelligence group, and led the AWS cloud practice. Chief Financial Officer Dilip Upmanyu comes from ASG Technologies, where he held the same role.

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Cognite Releases ‘Definitive Guide’ to Gen AI for Industry

It explains and defines the technological requirements necessary to make AI work for industry. The book offers practical advice on successful AI adoption and scaling—including specific use case examples—and provides tools for digital leaders to scope and plan their digital journey and define and measure success in terms the enterprise will understand.

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DataStax Unveils Retrieval Augment Generation Solution

With RAGStack, companies benefit from a preselected set of the best open-source software for implementing generative AI applications, providing developers with a ready-made solution for RAG that leverages the LangChain ecosystem including LangServe, LangChain Templates and LangSmith, along with Apache Cassandra® and the DataStax Astra DB vector database.

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data.world Launches New Data Catalog on the Snowflake Data Cloud

The Snowflake-exclusive offering provides the benefits of the data.world data catalog, including the automation of DataOps processes – like data lineage. Supported by the data.world Rapid Deployment offering, Snowflake customers can reduce procurement and implementation timelines.

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Denodo Updates Platform with Democratization & Self-Service Features

By enabling self-service BI, data science, hybrid/multi-cloud data integration, and enterprise data services to ensure organizations get the most value from their strategic business initiatives, Denodo continues to push the boundaries of data management using a logical approach.

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Digibee Partners with GFT on Finance Digital Transformation

Together, the companies seek to reduce time spent on data migration and integration by as much as 50 percent. Digibee’s track record of success in this area of companies’ cloud migration journeys has attracted investment from Goldman Sachs, which led the company’s $60 million Series B funding round this year.

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Fivetran Drops Software Dev Kits for Integration Connectors & Destinations

These new SDKs enable third-party vendors to easily develop new connectors and destinations on Fivetran. The SDK program opens the door for third-party vendors to amplify their platform extensibility and reach Fivetran’s robust and growing data movement ecosystem, with a single, easy-to-use implementation.

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Grafana Labs Announces New Capabilities for Kubernetes

This announcement comes in advance of KubeCon + CloudNativeCon, the industry’s largest open source conference dedicated to Kubernetes, Prometheus, and other cloud native technologies, taking place November 6-9 in Chicago.

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Hitachi Vantara Announces Global Reorganization Around OT & IT

Effective November 1, 2023, Hitachi Vantara LLC’s digital solutions business will be spun off into a new company, Hitachi Digital Services led by CEO Roger Lvin. The Digital Services branch will provide digital value to each industry and drive Hitachi’s unique synergy creation under Hitachi Digital led by Jun Taniguchi and Gajen Kandiah.

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New IDC Study Says Data Management Workloads Responsible for Majority of Compute Spending

Workloads spending profiles vary among product categories. For ODM Direct the highest spending in 1H23 was concentrated on Digital Services with $2.6 billion representing 11.7% of ODM spending. In comparison, OEM Servers and OEM Storage spending is led by Structured Databases/Data Management.

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ISG Announces its Acquisition of Ventana Research

The move expands the capabilities of ISG Research, an important and fast-growing recurring-revenue-stream business for ISG, at a time when enterprises increasingly are leveraging software and services in combination to improve operating performance, deliver better customer and employee experiences, and drive growth.

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Immuta Unveils New Product for Data Security & Compliance

Immuta Discover automatically and continuously discovers structured data in cloud data platforms. It can also leverage existing metadata pulled from enterprise data catalogs like Alation. Leveraging all of this metadata, Immuta Discover provides visibility of all sensitive data, which is critical for building data policies to protect the data and analyzing its usage

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Melissa Renews Patent for Smart Proximity Matching Tech

Integrated into MatchUp, Melissa’s customer data deduplication software, the company’s patented distance algorithm enables distance criteria to be used in matching customer records, capitalizing on latitude, longitude, and proximity thresholds to help data managers eliminate duplicate records.

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Quest Software Releases 2023 State of Data Intelligence Report

In partnership with Enterprise Strategy Group, Quest surveyed 220 business and IT professionals across North America responsible for and/or familiar with their organizations’ data governance and intelligence strategies, investments, and operations to keep a pulse on what they are experiencing and learn more about their current efforts to move their organizations forward in their relationships with data.

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Redis Cloud Achieves Payment Card Industry Data Security Standard

The standard was developed to ensure cardholder data is appropriately protected via technical, operational, physical, and security safeguards. To achieve this certification, Redis completed this audit with a Qualified Security Assessor (QSA).

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SAP Launches Build Code Solutions & New Vector Database Features

Uniquely built for SAP applications and the SAP ecosystem, SAP Build Code solutions offer AI-powered productivity tools for developers and are optimized for Java and JavaScript development.  These powerful new vector database features enhance interactions between large language models and an organization’s mission-critical data.

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SnapLogic Publishes New Gen AI Data; Partners with Acolad

Respondents believe gen-AI has considerable potential as a labor-saving tool, with 24 percent saying gen-AI saves them 6-10 hours of work per week. Acolad will create pre-built integration connectors for instant document translation, allowing SnapLogic users to immediately add Acolad’s multi-level AI-powered translation service to integration pipelines.

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Snowflake Unveils Cortex LLM Service; New Snowflake Notebooks

Snowflake Cortex gives users instant access to a growing set of serverless functions that include LLMs such as Meta AI’s Llama 2 model, task-specific models, and advanced vector search functionality. Snowflake also built three LLM-powered experiences leveraging Snowflake Cortex to enhance user productivity including Document AI (private preview), Snowflake Copilot (private preview), and Universal Search (private preview).

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Stockpress Nabs $1.8 Million in Seed Funding for File Management

This announcement comes in advance of KubeCon + CloudNativeCon, the industry’s largest open source conference dedicated to Kubernetes, Prometheus, and other cloud native technologies, taking place November 6-9 in Chicago.

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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, trends and predictions, and vendor-neutral software evaluation tools.

Solutions Review Launches New Insight Jam Community for Enterprise Technology Professionals

We are excited to bring an entirely new distribution channel to Insight Jam, and provide our readers with guidance, best practices, and advice on top-of-mind topics in enterprise technology, our community of experts a loudspeaker from which to share their insights, and our PR and vendor partners the ability to measure their impact on the community.

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Solutions Review Set to Host Dig Security and Cohesity for Exclusive Roundtable Webinar on November 7

With the next Spotlight event, the team at Solutions Review has partnered with Dig Security, Cohesity, and data strategy consultant David Loshin to explore how AI impacts cloud security.

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Solutions Review Set to Host Databricks & Anomalo for Exclusive Roundtable Webinar on November 9

With the next Solutions Spotlight event, the team at Solutions Review has partnered with Databricks, Anomalo, and data management strategist Robert Eve to explore the latest trends in modern data quality and orchestration in lakehouses and how the synergy of these capabilities is essential to AI success.

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For consideration in future data science news roundups, send your announcements to the editor: tking@solutionsreview.com.