Idera, Inc. Acquires Qubole, Adds Data Lakes to Database Tools Unit

Qubole will join Idera’s database tools business unit that includes AquaFold, IDERA, Webyog, and WhereScape. The merger comes as Qubole hosts …

Idera, Inc. recently announced that it has acquired data lake tools solution provider Quboe, according to a press release. Qubole will join Idera’s database tools business unit that includes AquaFold, IDERA, Webyog, and WhereScape. The merger comes as Qubole hosts The Data Lake Summit in collaboration with AWS and Google Cloud. It also comes on the heels of Qubole’s launch of Qubole Pipelines Service. Unveiled in August, Qubole Pipelines Service enables users to build scalable streaming data pipelines.

Our Buyer’s Guide for Data Management Platforms helps you evaluate the best solution for your use case and features profiles of the leading providers, as well as a category overview of the marketplace.

Qubole’s flagship data management product is its Autonomous Data Platform, a solution that self-manages and self-optimizes by sending alerts and Insights and Recommendations (AIR) based on cloud agents connected to the customer’s data policies and preferences. Qubole uses a combination of heuristics and machine learning for workload continuity as well. Some of Qubole’s most notable customers include Expedia, Disney, ORacle, Fanatics, Activision Blizzard, and Adobe.

Idera offers an array of B2B software tools ranging from database administration to application development and test management. Under its broader data-centric tools umbrella, the vendor touts data warehouse automation, cross-platform database productivity, IT infrastructure monitoring, and database performance tools. Idera also acquired FusionCharts in March 2020 and WhereScape last September.

In a media statement about the news, Idera CEO Randy Jacops said: “Companies generate and store both structured and unstructured data at unprecedented levels. Qubole’s reputation as the leading cross-platform solution focused on unstructured data is a fantastic addition to Idera’s Database Tools division. In particular, it will pair well with Idera’s WhereScape business, the leading provider of data automation solutions for data warehouses.”

Read the official press release or learn more about Idera, Inc.

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Global NoSQL Market Analysis and Case Studies 2019-2026 – Rising Unstructured Data Volumes …

With increase in big data initiatives across the globe, major players have collaborated their product portfolio to provide differentiated and innovative …

DUBLIN, July 17, 2020 /PRNewswire/ — The “NoSQL Market by Type, Application and Industry Vertical: Global Opportunity Analysis and Industry Forecast, 2019-2026” report has been added to ResearchAndMarkets.com’s offering.

According to the report, the NoSQL market size was valued at $2,410.5 million in 2018, and is projected to reach $22,087 million by 2026, growing at a CAGR of 31.4% from 2019 to 2026. Rising unstructured data volumes and the impending need of analytics primarily drive the NoSQL market growth.

Moreover, innovative business offerings such as open-source database by NoSQL vendors play significant role in its adoption. However, some of the restraints associated with its business attractiveness are higher testing related issues during unit or system integration testing as compared to RDBMS system and the problems associated with handling complex database queries. However, these challenges would have limited impact to the NoSQL market growth due to the emergence of big data market citing the increased need of unstructured data management.

The commonly observed NoSQL types in the NoSQL market are key value stores, document databases, column-based NoSQL stores, and graph-based NoSQL stores. Amongst these, key value store NoSQL databases, account for a larger market size by value due to the increase in demands from web and e-commerce applications.

This rapid growth would be supplemented by its adoption in social networks and gaming. Web applications currently drive the NoSQL market due to high usage in session management and user profile recording. NoSQL’s are used in different industry verticals. The different verticals analyzed in the report are retail, online game development, IT, and others. Its usage in IT involves social network development and web application management. The other verticals include government, BFSI, healthcare, and education. Among all verticals, IT applications account for a larger share of theNoSQLmarket trends.

Larger adoption of NoSQL systems is attributed to the growth of web applications and e-commerce in the North American region.The adoption of NoSQL in the Asian market is expected to increase amongst all industrial verticals, especially in gaming and social networks.

The market is lucrative for new players with business experience in NoSQL or RDBMS processes. Sound partnership / collaboration agreements with key stakeholders would be a key strategy to sustain in the market. In the recent past, numerous leading players have opted for product launch and partnership strategies to excel in the market.In the earlier years, NoSQL vendors have increased funding as compared to their revenue. However, it helps them to build their capabilities and eventually generate returns on investments.

Some of the key market players profiled in the NoSQL market analysis include Aerospike, Inc., Amazon Web Services, Inc., DataStax, Inc., Microsoft Corporation, Couchbase, Inc., Google LLC, MarkLogic Corporation, MongoDB, Inc., Neo Technology, Inc., and Objectivity, Inc.

Major players operating in this market have witnessed significant adoption of strategies that include business expansion and partnership to reduce supply and demand gap. With increase in big data initiatives across the globe, major players have collaborated their product portfolio to provide differentiated and innovative products. This study includes market analysis, trends, and future estimations to determine the imminent investment pockets.

Key Findings

  • By type, the software segment dominated the NoSQL market forecast. However, the services segment is expected to exhibit significant growth during the forecast period in the NoSQL industry.
  • By application, the manufacturing execution system segment dominated the NoSQL market share in 2018. However, the quality process management segment is expected to exhibit significant growth during the forecast period.
  • Depending on industry vertical, the automotive industry generated the highest revenuein 2018. However, the healthcare sectoris expected to witness a considerable growth in the near future.
  • Region wise, Asia-Pacific is expected to witness significant growth in terms of CAGR in the coming years.

Case Studies

  • I2O Water Tackles Real-Time Water Crisis with Apache Cassandra
  • Bajaj Capital Accelerates Its Digital Journey with AWS

Company Profiles

  • Aerospike
  • Amazon Web Services, Inc.
  • Couchbase
  • Datastax
  • Google LLC
  • Marklogic Corporation
  • Microsoft Corporation
  • Mongodb Inc.
  • Neo4J, Inc.
  • Objectivity, Inc.

For more information about this report visit https://www.researchandmarkets.com/r/1ebtw5

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

Media Contact:

Research and Markets

Laura Wood, Senior Manager

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Upstart chipmaker Innovium, on brink of unicorn valuation, seeks funding

In addition to Redline and Walden, its investors include Qualcomm Ventures, Capricorn Investment Group, Greylock Partners and S-Cubed Capital.
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For the past couple of decades, chip startups have struggled to raise venture capital because of the hefty cost of fabrication infrastructure.

But Silicon Valley’s Innovium, founded in late 2014, is among a small but growing new generation of chip companies to garner venture capital funding and take aim at established chip giants like Broadcom. A data-center chip specialist called Fungible, led by Juniper Networks founder Pradeep Sindhu, raised a $200 million Series C in June with backing from Walden Riverwood and Redline Capital, both of which have invested in Innovium. Datera, CloudVelox and MarkLogic also compete in the VC-backed cloud-driven data market.

Now, with a new round of funding in the works, Innovium is nearing unicorn status after just a few years in business.

The developer of semiconductors designed for data centers seeks to raise up to $50 million in Series E funding, a regulatory filing shows, in a deal that would give Innovium a valuation of up to $925 million, according to a PitchBook estimate. That’s up from its $715 million valuation after a round in 2018.

Final terms and details of the financing, detailed in the Aug. 22 filing, haven’t been revealed and could be subject to change. Innovium, based in San Jose, didn’t respond to a request for comment. It’s not known which investors are participating in the company’s new round.

Rajiv Khemani, Innovium’s CEO and one of its founders, previously spent five years at Intel and also served as COO of Cavium, a chip company specializing in cloud and mobile applications. Khemani’s two co-founders, Puneet Agarwal and Mohammad Issa, are former Broadcom senior engineers.

In September, Innovium launched its newest switch chip, the Teralynx 5, which has applications ranging from 1.2 terabits to 6.4 terabits per second for large scale operators, enterprise and edge data centers.

Innovium has pulled in about $182 million in total funding. In addition to Redline and Walden, its investors include Qualcomm Ventures, Capricorn Investment Group, Greylock Partners and S-Cubed Capital.

Here’s a look at Innovium’s fundraising and valuation history, according to the PitchBook Platform:

Jan. 2015: $15M round | $33.3M valuation

Dec. 2015: $31.6M | $98.5M

Mar. 2017: $38.3M | $253M

Apr. 2018: $77M | $637M

Sept. 2018: $20M | $715M

Priyamvada Mathur contributed to this article.

Featured image via yucelyilmaz/iStock/Getty Images Plus

IT deals: Robling, Majesco, Kronos, NCR, AdaCore, ACI

Robling, Majesco, Kronos, NCR, Iteris, AdaCore, Onfido, MarkLogic, ACI Worldwide, among others, announced their latest IT deals or technology …

Robling, Majesco, Kronos, NCR, Iteris, AdaCore, Onfido, MarkLogic, ACI Worldwide, among others, announced their latest IT deals or technology deployments.

Smarter Grid Solutions

Tucson Electric Power (TEP) has selected Smarter Grid Solutions’ ANM Strata software to explore how the Arizona utility can provide more choices and better service to customers who invest in grid-connected electric vehicles (EV), smart appliances, rooftop solar arrays and battery storage systems.

Robling

Robling announced that specialty retailer Hot Topic has selected Robling Data as a Service (DaaS), a purpose-built solution designed to speed retailers’ journey to holistic, omni-channel analytics and reporting. Hot Topic, which has more than 600 stores, aims to increase insight into store operations and speed up reporting systems.

Majesco

Majesco, a cloud insurance software solutions provider, announced Avinew, the InsurTech company, selected Majesco P&C Core Suite on Majesco CloudInsurer as the foundation of its business operations.

Kronos

Kronos announced that Inframark, a water and wastewater operations organization, has deployed Kronos Workforce Ready as a part of its information technology (IT) strategy to modernize people operations.

NCR

NCR, a technology company for the banking industry, announced that Santander U.K. has selected NCR to deliver its ATM platform. It will be the first in the U.K. to offer its Interactive Banker solution to enhance customer service. Santander has 600 branches and over 2,000 NCR ATMs across the U.K.

Iteris

Iteris, an informatics company for transportation and agriculture, has won an $800,000 traffic signal synchronization project deal from the Illinois Department of Transportation (IDOT). The five-year project includes signal coordination and timing improvements at various locations in IDOT’s District One. The project involves six counties – Cook, Lake, DuPage, Kane, Will and McHenry.

AdaCore

AdaCore, a provider of software development and verification tools, announced that the European Space Agency (ESA) has selected AdaCore to provide a qualified multitasking solution for spacecraft software development to support multiple ongoing and future ESA projects.

Onfido

Onfido, an identity verification provider, announced a partnership with Agora, a blockchain-based e-voting provider, to make online voting a reality.

Dawex

Dawex, a data exchange technology company, announced its partnership with Kanematsu Corporation, a trading company, to deploy and promote data exchange technology in Japan. Kanematsu will deploy and operate its own data exchange platform relying on Dawex technology.

MarkLogic

Amsterdam Schiphol Airport, the third largest airport in Europe, has selected MarkLogic as their database for its flight information system. The platform will contain real-time data on the logistical movements of departing and arriving aircraft, parking spaces and ground movements.

ACI Worldwide

ACI Worldwide announced that Canara Bank has launched PIN + OTP cash withdrawal through Canara Bank ATMs for Canara Bank card holders. Canara Bank, which has a network of more than 8,800 ATMs in India, will feature an added layer of security for cash withdrawals above Rs 10,000 in a day.

infotech

“Above the Trend Line” – Your Industry Rumor Central for 5/6/2019

… funding news, industry partnerships, customer wins, rumors and general scuttlebutt floating around the big data, data science and machine learning …

Above the Trend Line: your industry rumor central is a recurring feature of insideBIGDATA. In this column, we present a variety of short time-critical news items grouped by category such as M&A activity, people movements, funding news, industry partnerships, customer wins, rumors and general scuttlebutt floating around the big data, data science and machine learning industries including behind-the-scenes anecdotes and curious buzz. Our intent is to provide you a one-stop source of late-breaking news to help you keep abreast of this fast-paced ecosystem. We’re working hard on your behalf with our extensive vendor network to give you all the latest happenings. Heard of something yourself? Tell us! Just e-mail me at: daniel@insidebigdata.com. Be sure to Tweet Above the Trend Line articles using the hashtag: #abovethetrendline.

Let’s start off with some new partnerships, alignments, and collaborations … MIT and Liberty Mutual Insurance announced a $25 million, five-year collaboration to support artificial intelligence research in computer vision, computer language understanding, data privacy and security, and risk-aware decision making, among other topics. The new collaboration launched at a meeting between leadership from both institutions, including Liberty Mutual Chairman and CEO David Long and MIT President Rafael L. Reif. The collaboration will span MIT’s five schools and be led by MIT’s Stephen A. Schwarzman College of Computing through the Quest for Intelligence, MIT’s research initiative focusing on the science and engineering of intelligence … Striim®, provider of an enterprise-grade platform for streaming data integration, announced a strategic partnership with Snowflake, Inc., the data warehouse built for the cloud, to simplify and speed loading of real-time data to Snowflake, accelerating data-driven analytics in the cloud. Striim’s real-time data integration capabilities provide Snowflake customers running in Microsoft Azure or AWS the benefit of a phased migration to Snowflake from existing on-premises or cloud-based data warehouses, databases, and other data sources. One such customer, Attentia, is using Striim and Snowflake on Azure to deliver real-time data, advanced analytics, and streamlined operations. Joint customers such as Attentia benefit from the speed, scalability, and cost-effectiveness of Snowflake’s zero-management, cloud-built data warehouse. With Snowflake, analytics that used to take hours, or even days, can be delivered in minutes, and the data warehouse can scale up and down on-the-fly, without delay or disruption. Snowflake’s cloud-built architecture delivers a level of flexibility and efficiency that simply isn’t possible with a traditional data warehouse, or with a big data platform that has been shifted to the cloud … Anodot, the Autonomous Analytics company, announced a partnership with Snowflake, the data warehouse built for the cloud, enabling Snowflake customers to access Anodot’s real-time anomaly detection, providing alerts related to business incidents in real-time. Snowflake’s unique cloud-built architecture empowers organizations to make better, quicker business decisions with features like instant and near-infinite scalability across multiple clouds, all at a fraction of the cost of traditional solutions … Attunity Ltd. (NASDAQ CM: ATTU), a leading provider of data integration and big data management software solutions, announced Attunity for Databricks Unified Analytics Platform, a new solution designed to automate streaming data pipelines to make data seamlessly available to accelerate machine learning (ML), artificial intelligence (AI) and data science initiatives. The Attunity software is the first to provide continuous change data capture, delivery and automated refinement for creating analytic ready data sets in Databricks Unified Analytics Platform. Data engineering teams have struggled to keep up with the demand for real-time data sets for machine learning applications. Data integration and migration can be a manually intensive and complex endeavor; challenging to assemble and often resulting in outdated data when it is finally ready for data scientists. Attunity assists enterprises in overcoming these challenges with efficient changed data transfer at scale and automation of data transformations in Apache Spark™ that accelerate data pipelines – from the generation of source system data streams right through to the creation of analytics-ready data sets in Databricks’ Unified Analytics Platform … Snowflake Computing, announced a new partnership with the Aston Martin Red Bull Racing Formula One team to support the team’s winning ambitions and drive data-based decision making in the 2019 F1™ racing season. Aston Martin Red Bull Racing will use Snowflake’s cloud-built data warehouse to gain a more holistic view of its business. Partnership will enable Snowflake to tap into exciting marketing opportunities with the Team. In Formula One racing, where every millisecond counts and data insight is essential for performance, the very best technology and innovation are vital to achieving success. Partnerships are key to helping Aston Martin Red Bull Racing reach new benchmarks in performance. By tapping into Snowflake’s built-for-the-cloud data warehouse, Aston Martin Red Bull Racing will be able to obtain data in real time to enable more effective business strategies.

In new customer wins news we heard … MarkLogic Corporation, the next generation data platform provider for simplifying data integration, announced a multi-year license agreement with the Centers for Medicare & Medicaid Services (CMS) to renew MarkLogic’s industry leading technology running on public cloud infrastructure. This agreement paves the way for CMS to leverage MarkLogic in support of its Cloud First strategy, ingesting data as-is, adapting to regulation and modifications, reducing overall project costs and increasing security. The move in healthcare to next-generation database technologies underscores the business critical need to deploy the latest and best technologies in order to create a sustainable healthcare system. Outside of CMS, top healthcare, pharmaceutical and insurance companies are using MarkLogic to achieve a 360 view of data and metadata faster than ever, leading to better decision making and trusted analytic insights … CUJO AI, a network intelligence company that provides AI-driven protection and device management solutions announced their partnership with cybersecurity company Avira. CUJO AI integrates Avira’s threat intelligence feeds into its AI-driven home cybersecurity services.

In new funding news we learned … Ablacon, Inc., a Wheat Ridge, CO-based company developing an advanced mapping system to guide the treatment of atrial fibrillation (AFib), announced the closing of a $21.5 million Series A financing round led by Ajax Health. Ablacon’s novel algorithm uses artificial intelligence (AI) to analyze and visualize the flow of action potentials, or Electrographic Flow, within the heart in order to identify sources and drivers of AFib, the most common cardiac arrhythmia worldwide. The map of the Electrographic Flow can help to guide physicians in targeted catheter ablation therapy. The company will use the Series A funding to advance its technology pipeline and finance clinical trials … Altizon Inc., a global industrial IIoT platform company addressing the manufacturing industries, announced the closure of its series A+ funding round of $7Mn. This important round was led by TVS Motor Company (Singapore) Pte. Limited, the Singapore based Subsidiary of TVS Motor Company Limited and participated by existing investors The Hive, Wipro Ventures, and Lumis Partners … Eightfold.ai, the creator of the first Talent Intelligence Platform, announced it has added IVP to its growing list of investors in raising $28 million in a Series C financing. The round, joined by Foundation Capital and Lightspeed Ventures who led previous funding rounds, brings Eightfold.ai’s total funding to $55 million, making it one of the most well-capitalized AI solutions for talent management. Built by co-founders Ashutosh Garg and Varun Kacholia, distinguished engineers out of Google and Facebook, Eightfold.ai’s Talent Intelligence Platform empowers enterprises to solve the number one challenge facing chief executives and chief human resource officers today – hiring and retaining top talent. This new funding follows significant interest in Eightfold.ai’s patented artificial intelligence–based platform which has secured numerous new customers in four continents around the world since emerging from stealth mode one year ago … Trovares, a property graph analytics company, announced completion of its Series-A funding round and the launch of Trovares xGT, a graph analytics tool for cybersecurity, fraud detection, science research, and other applications. Series-A funding will help Trovares enhance xGT features and functionality, grow the company, and meet customer demand.The graph analytics market is growing rapidly as enterprise datasets expand to multiple terabytes and companies find value in identifying cyber intrusions, fraud signals, social network influencers, scientific discoveries and other applications.

In people movements news we heard … Immuta, the automated data governance company, announced that analytics veteran Paul Evans has joined the company as Chief Revenue Officer (CRO). Effective immediately, Evans is responsible for global sales and marketing. Prior to joining Immuta, Evans spent 13 years at Alteryx where he held a number of senior leadership positions, most recently as CRO. During his tenure at Alteryx, he developed a world-class organization that led to a successful IPO in 2017. Evans was also Chief Operating Officer at market research company Generation5, and General Manager for Canada at Pitney Bowes. He holds an MBA from Cornell Johnson Graduate School of Management and a Bachelor of Science in Economics from the University of Rochester.

Also heard on the street … open source projects have long been initiatives used by developers for open exchange, collaborative participation, rapid prototyping, transparency and development. This has all paved the way for the next big collaborative opportunity: open data. This trend is already taking hold as Microsoft, SAP and Adobe recently announced the launch of the Open Data Initiative. The goal is to allow enterprises to easily move customer data around, while still giving consumers increased transparency and privacy controls. Open data is bound to impact a variety of different technologies, especially machine learning. Because data sets are available in bulk and that they are easily machine readable, this will open the door for advancements in ML and AI.

This open data announcement holds special significance to me personally. In 2000 I built the industry’s first database-as-a-service – HostedDatabase.com. This database in the cloud served the business community by allowing companies to avoid investing in server hardware, and enterprise database software by storing and accessing their data in the cloud. I shopped this concept and working MVP product to many, many VCs. Their consensus was: businesses would NEVER store their data on the Internet … not secure, no control, too slow, etc. etc. A few years later I built the first open data repository, OpenDatabase.info based on my cloud database technology. The sentiment did not change, the VCs “herd mind” prevailed. I got close with one VC for a series A round, but they opted to pour over $250 million into a health website that would eventually die – drkoop.com. I’ve never trusted VCs since.

Here is a prediction about open data by Brent Schroeder, Americas’ CTO for SUSE:

Open Data Paves the Way for Machine Learning: Machine Learning (ML) technology has made leaps and bounds in 2018. However, without access to sufficiently large and diverse amounts of data, ML can’t fully succeed. Enter open source for data: Open source code has long been freely shared to collaborate and fuel industry innovation, but the data hasn’t shared this same benefit. The community has recognized this as an area for improvement, and in 2019 we will see the concept of ‘open data’ emerge as a way to share and aggregate data. Projects such as the Community Data License Agreement (CDLA) – a development announced by The Linux Foundation – are currently underway and encourage organizations to share data openly and transparently. CDLA will be a key enabler of data sharing that can be used to accelerate the accuracy and use of machine learning. We’re already seeing this happen with some companies that are sharing data and using that shared data to build an ML model to manage a software defined storage deployment. These types of initiatives will only continue to grow in 2019.

And finally, recent rumors claim that IBM is halting sales of its Watson for Drug Discovery — a service that uses the company’s Watson AI to analyze connections between genes, drugs, and diseases. Below is a commentary on the benefits of AI in drug discovery from Sinequa, a software provider with a strong and growing list of customers in the pharma space who have been using the company’s approach to AI for more than 10 years

“It’s important to take a more pragmatic approach to AI,” says Laurent Fanichet, VP of Marketing at Sinequa. “Customers must be educated that leveraging AI is a journey without instant gratification, especially when tackling complex challenges to extract value from unstructured data such as scientific research, clinical trials, pharmacovigilance and more. Make no mistake – developing new drugs is not a trivial task and in most cases, it consumes billions of dollars and takes years before it even becomes available to the market. Fortunately, technology exists that is helping pharmaceutical researchers to expedite drug discovery, testing, and clinical trials in an data-driven way.”

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