This Week in Data Preparation (October 26, 2020)
This weekly post with news items from the data preparation market is brought to you by The Data Value Factory, the company offering Data Preparer.
11 links in this week’s post: 4 opinion articles (on artificial intelligence, machine learning, and on the value of data, by dotData, FirstMark, Accenture’s Mudano, and Sainsbury’s), 4 company updates (by Landing AI, InterSystems, Alluxio, and re.alto), 1 partnership announcement (between Trifacta and Fivetran), and 2 acquisitions (Qlik Acquires Blendr.io, Tibco acquires Information Builders).
Opinion articles
Bridging the Skills Gap for AI and Machine Learning. Even as COVID-19 has slowed business investments worldwide, AI/ML spending is increasing. In a post for IDN, dotData’s CEO Ryohei Fujimaki, Ph.D, looks at the latest trends in AI/ML automation — and how they will speed adoption across industries.
The 2020 data and AI landscape. Matt Turck is a VC at FirstMark, where he focuses on SaaS, cloud, data, ML/AI and infrastructure investments. In this article, he discusses key trends in data infrastructure, key trends in analytics and enterprise AI, and the 2020 landscape.
Why the C-Suite needs to learn the value of data. Darren Seymour-Russell of Mudano, part of Accenture looks at how to transform the worthless into your business’s most valuable asset.
Sainsbury’s CIO restocks retailer’s data abilities. Group CIO Phil Jordan explains how a data-centric approach enabled the UK supermarket chain to respond to the global pandemic.
Company updates
Landing AI Unveils AI Visual Inspection Platform for Manufacturers. “AI-powered visual inspection solutions have demonstrated clear advantages over conventional methods, yet the overall adoption is slow as many companies get stuck after some small scale proof-of-concept projects,” said Andrew Ng, founder and CEO of Landing AI.
InterSystems Announces General Availability of IntegratedML. “Harnessing the benefits of machine learning dramatically improves overall business insights, and when ML based predictive models are executed in line with transactions there is unparalleled ROI,” said Scott Gnau, vice president of Data Platforms at InterSystems. “At Baystate Health, we are always striving for a higher quality of patient care,” commented Joe Cofone, Sr. Business Analyst for Population Health at Baystate Health.
Alluxio Offers Data Orchestration For Hybrid, Multi-Cloud Systems. The Alluxio Data Orchestration Platform 2.4 release is designed to link data-driven applications, including AI tools and business analytics software, with dispersed data sources such as Hadoop-based data lakes, Amazon S3 and Google Cloud Storage, said Haoyuan Li, Alluxio founder and CEO, in an interview with CRN.
Energy data marketplace re.alto launched by Elia Group. “Harnessing the power of external data should be a key objective in any digital strategy of an energy company looking to scale,” says Alexandre Torreele, CEO of re.alto.
Partnership announcements
Trifacta Partners with Fivetran to Automate and Accelerate ELT Data Pipelines. “The diverse range of products and services that Inhabit IQ offers drove us to invest in cloud data infrastructure in order to best monitor and optimize these revenue streams. Spending weeks, or even months, collecting and transforming data for Excel reports simply wasn’t sustainable,” said Misagh Jebeli, Business Intelligence Architect, Inhabit IQ. “Data workers want to focus their efforts on analytics, not on accessing or preparing data,” said Ash Vijayakanthan, VP of Alliances, Trifacta. “Fivetran alleviates the burden of building and maintaining data integrations,” said Logan Welley, VP of Alliances, Fivetran.
Acquisitions
Qlik Acquires Blendr.io To Drive Real-time Data Into SaaS Applications and Automate Enterprise Processes To Create New Insights and Trigger Actions. “Modern data and analytics solutions like Qlik are delivering Active Intelligence, where technology and processes enable the continuous use of real-time data to automate action and enable timely decision making,” said Mike Capone, CEO at Qlik. “We’re heading into an era in which integration and automation capabilities will be blended with business processes and analytics,” said Doug Henschen, vice president and principal analyst at Constellation Research.
Tibco to buy Information Builders’ tech for analytics, integration. But will it blend? ZDNet spoke to the CEOs of both companies, who explained the synergies they see arising from the acquisition. In describing the two companies’ courtship, IBI CEO Frank J. Vella thought compatibility was very high: “…you’re not often in a luxurious position to pick your buyer; it has to be mutual,” Vella said. Tibco CEO Dan Streetman agreed with Vella’s assessment on compatibility, saying “To Frank’s point, the place where we have potentially the most overlap in a Venn diagram might be in visualizations and analytics, but we have this thesis that analytics are way more than BI and way more than visualizations.
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