BUSINESS INTELLIGENCE, BIG DATA MANAGEMENT, BUSINESS STRATEGY
Businesswire | June 06, 2023
TIBCO, a global leader in enterprise connectivity, empowers the world’s most innovative companies to solve their complex data challenges and make mission-critical business decisions with greater confidence and impact. Today, TIBCO announced enhancements to its data integration capabilities, assisting customers in unifying data intelligently and delivering on requirements for better access, trust, and control. These advancements provide a highly cohesive suite of data management solutions to enable a data integration architecture that connects disparate data sources, breaks down silos, and improves overall data quality.
"While we can't underestimate the power of data, we also can't overlook the complexities some companies face in accessing quality data," said Ali Ahmed, general manager, TIBCO, a business unit of Cloud Software Group. "If organizations are to meet this challenge head-on, they must embrace a data integration framework, which enables them to unify data intelligently and better position themselves as a data-driven organization to make faster, smarter decisions."
TIBCO's data integration framework delivers data to everyone, supporting cloud-native application development using diverse data, and automating data access. These new enhancements are central to creating balanced, smart, automated data capabilities for the citizen data engineer in a low-code, no-code environment. Updates expand on comprehensive data management capabilities, capitalize on advancements in machine learning operations, and deliver industry-tailored solutions to enable faster adoption.
This builds on recent updates to TIBCO EBX®, a leading Master Data Management (MDM) platform. With our most recent launch, EBX® 6.1, enhancements continue to lead the MDM landscape trends with new social and collaborative features, extended hierarchies capabilities, new modes to display data, and leading business objects. EBX begins the year with nine leadership rankings, including being recognized as a leader by five analyst firms in the 2022 and 2023 report years.
TIBCO® Data Virtualization, another critical component of TIBCO’s data integration framework, now features improved smart mapping to bring more confident and powerful visual insight to valuable data. This unifies all scattered data into a modern data layer to keep up with changing business needs while removing complexities and risks. With TIBCO Data Virtualization, widely spread data is now readily connected in a faster and more accessible manner. The online user interface now includes a redesigned homepage and search features for data cataloging, increased access and security functions, and expanded industry-standard authentication methods for delivering secure, delegated access and device authorization. As a result, users may rapidly and cost-effectively integrate data while generating and maintaining virtualized views and data services. With the TIBCO Data Virtualization application's modular framework, Java enterprise-grade middleware covers all data virtualization development, run time, and administration phases. Data is now genuinely impactful, providing value through insights to enhance revenue, reduce expenses, and improve risk and compliance.
As a result of the innovative functionality noted, TIBCO Data Virtualization recently took first place in the 2022 GigaOm Radar Enterprise Data Virtualization Report, the 2022 Top Rated award on TrustRadius, G2's 2023 Leader in the Data Visualization category, along with receiving numerous peer review awards and badges in customer feedback.
TIBCO’s data integration architecture is built with TIBCO Cloud™ Integration, a solution that was recently updated with new features to accelerate complex data mapping and transformation. The enhanced smart mapping capabilities are powered by AI to provide automated recommendations based on years of training by user inputs. TIBCO Cloud Integration continues to be recognized for strong data integration capabilities and our broad portfolio of connectors to any data source by analysts, including a recent leadership ranking in the 2023 Gartner® Magic Quadrant™ for iPaaS.
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About TIBCO
TIBCO, a business unit of Cloud Software Group, unlocks the potential of real-time data for making faster, smarter decisions. Our Connected Intelligence Platform seamlessly connects any application or data source; intelligently unifies data for greater access, trust, and control; and confidently predicts outcomes in real time and at scale. Learn how solutions to our customers' most critical business challenges are made possible by TIBCO at www.tibco.com.
TIBCO, TIBCO Cloud, EBX, and the TIBCO logo are trademarks or registered trademarks of Cloud Software Group, Inc. and/or its subsidiaries in the United States and/or other countries. All other product and company names and marks mentioned in this document are the property of their respective owners and are mentioned for identification.
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BUSINESS INTELLIGENCE, BIG DATA MANAGEMENT, DATA SCIENCE
Businesswire | June 01, 2023
Precisely, the global leader in data integrity, today announced a series of innovations to its industry recognized data quality portfolio. The announcement underscores the company’s continued commitment to helping organizations on their path to data integrity - empowering data leaders and practitioners to better understand their data and ensure it is accurate, consistent, and contextualized for confident decision-making.
Thousands of customers around the world rely on data quality solutions from Precisely for their best-in-class address validation and enrichment, sophisticated entity matching, financial reconciliation, and enforcement of data quality rules for their business. Integration with other Precisely solutions, including data governance, data observability, data integration, and data enrichment empowers customers to seamlessly address new use cases in their rapidly changing, data-driven world.
With the latest product updates, Precisely has further enhanced capabilities in its well-known solutions, building upon decades of leadership in the data quality market:
Precisely Spectrum Quality – now offers expanded capabilities for editing, visualizing, and interacting with graph data for use cases requiring a single view of critical data. It also supports the latest United States Postal Service (USPS) CASS™ Cycle O, allowing customers to benefit from improved address validation and matching to ensure accurate and efficient delivery of mail, and take advantage of reduced mailing costs. Starting in July, it will also provide the option to integrate Spectrum OnDemand directly with Precisely Property Graph – enabling users to understand the intricate relationships between addresses, parcel boundaries, building footprints and points of interest.
Precisely Trillium – offers improved connectivity with double the number of supported data sources now available for Trillium Quality and Trillium Discovery customers. The updates enhance performance and enable data quality rules to be applied to data originating from sources such as Snowflake, Amazon Redshift, Google BigQuery, and SAP S/4HANA. Starting in July, support will also be available for USPS CASS™ Cycle O.
Precisely Data360 – has been advanced with the option to integrate Data360 DQ+ with Spectrum OnDemand, allowing customers to validate emails and phone numbers, on top of being able to validate and geocode addresses using Spectrum’s well-known strengths. Several enhancements have also been made to Data360 Analyze to provide secure and easy access to Microsoft Azure Key Vault, and enable more efficient coding in Python.
These new updates follow the recent announcement of the Precisely Data Integrity Suite’s new Data Quality service, which provides complementary benefits for users of Precisely data quality solutions including Spectrum Quality, Trillium Quality, Trillium Discovery, and Data360 DQ+. The new Data Quality service means customers can run data quality processes wherever data lives – including in the cloud. It also empowers them to harness additional value by seamlessly integrating with other Suite services, including Data Integration, Data Governance, Data Observability, and more.
The announcement comes at a time when organizations are under more pressure than ever to execute on increasingly sophisticated data initiatives, requiring access to high levels of accurate, consistent, and contextualized data to achieve successful outcomes. In fact, new research1 from the Center for Business Analytics at Drexel University’s LeBow College of Business revealed data quality as the number one challenge for organizations (50%), as well as being the top priority (53%) for data leaders to address in 2023, with 66% of all respondents rating the quality of their organization’s data as average, low, or very low.
“Advanced data programs ultimately rely on high-integrity data to achieve successful outcomes, and ensuring that your data is accurate, consistent, and contextualized is a critical step on the path to building that trust,” said Emily Washington, SVP – Product Management at Precisely. “We are proud to continue to evolve our unique blend of software, data, and strategic services to meet customers wherever they are on their data integrity journey and help them to stay agile in the dynamic market landscape.”
Register for the new data quality webinar series to hear directly from Precisely product experts on how customers can take advantage of these latest updates.
1.2023 Data Integrity Trends & Insights Report, Center for Business Analytics at Drexel University’s LeBow College of Business in partnership with Precisely – full report coming June 2023
About Precisely
Precisely is the global leader in data integrity, providing accuracy, consistency, and context in data for 12,000 customers in more than 100 countries, including 99 of the Fortune 100. Precisely’s data integration, data quality, data governance, location intelligence, and data enrichment products power better business decisions to create better outcomes. Learn more at www.precisely.com.
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BUSINESS INTELLIGENCE, BIG DATA MANAGEMENT, DATA SCIENCE
Businesswire | May 31, 2023
Exasol today unveiled its no-compromise analytics database, which delivers more productivity, savings, and flexibility for enterprises to better manage data in the cloud, SaaS, on-premises, or hybrid. With processing times up to 20 times faster1 than any other analytics database, Exasol provides an unmatched price/performance ratio, helping customers achieve 320% 2 ROI in reduced licensing, implementation, maintenance, and training costs. Businesses interested in trying Exasol in their own tech stack with their own data can do so at no cost for a limited time through its Accelerator Program.
Under the leadership of Exasol’s recently appointed Chief Executive Officer, Joerg Tewes, the new release underscores the company’s commitment to delivering what customers need – a solution that doesn’t require them to make trade-offs between cost, efficiencies, and flexibility. With Exasol, customers can run analytics anywhere their data lives – on-premises, cloud or across multiple clouds – with no rip-and-replace, no need to move data sets, no cost shocks. With the latest enhancements, Exasol seamlessly integrates with any data stack and analytics ecosystem, and dynamically scales to accommodate even the most complex data sets, removing friction and unburdening data teams to accelerate business outcomes.
“Exasol believes customers shouldn’t ever have to make compromises with their analytics databases, especially during these times of economic uncertainty and reduced IT budgets. This is why our offering allows users to see significant performance and efficiency gains, while working within their budgets and existing tech environments,” said Joerg Tewes, CEO of Exasol. “We have hundreds of global customers using Exasol with extremely complex data, at scale. From financial services and retail customers reducing queries from hours to seconds, to agriculture firms working with complicated models supporting DNA sequencing, our customers spend more time analyzing and optimizing with less time and headcount.”
The latest enhancements to the database enable organizations to:
Avoid replacing databases and get more out of existing tech stacks: Through Exasol’s performance enhancements, scaling optimization, and real-time processing, their entire tech stacks are more efficient.
Gain the best price/performance ratio: Market-leading concurrency, fast in-memory processing and query compute distribution provides greater performance on less hardware infrastructure.
Run analytics or machine learning (ML): Exasol's ML capabilities are built directly into the in-memory database engine, to deliver even greater efficiencies and cost savings. From uncovering hidden patterns in an organization’s complete data that significantly cuts down data preparation time, to enabling customers to effortlessly utilize open-source machine learning models, Exasol's ML capabilities provide customers with unmatched efficiency and scalability – Exasol makes ML actionable at scale.
Manage data where it lives: Workloads can be moved between platforms and uniformly automated and managed through a modern technology stack, whether it’s between self or fully managed SaaS, even on an ad-hoc basis.
“Exasol is a strong member of the AWS Partner Network, with its evolution and expansion of capabilities on AWS cloud,” said Mor Hezi, Head of EMEA Technology Partnerships at AWS. “We’re thrilled to continue building our relationship with Exasol, and look forward to fostering further collaboration and mutual growth. Together, we are transforming businesses."
“Exasol has allowed us to push the boundaries of how we harness value out of our data, at a speed and scale which we never imagined,” said Cesar Picco, Senior Software Engineer at T-Mobile, USA. “We were immediately impressed with Exasol’s performance as we were able to handle multiple data science workloads simultaneously with over 200% improvement at significantly reduced effort. And this was just the beginning of our journey. In order to improve our 5G network decisions, we leverage our already existing massive amounts of business and network data to more accurately analyze potential network infrastructure. In the world of telcom, more coverage means happier customers, a superior customer experience, and ultimately a better value for our customers. Now, with these latest enhancements, we’ll be able to further explore the possibilities that lie in BI visualization, data mapping and modeling, and so much more. As the only database that offers this level of speed, efficiency, cost, and flexibility, Exasol continues to raise the bar, and we’re looking forward to more innovation, market disruption and customer satisfaction with this rollout.”
“Exasol plays an important role in our HR Data Factory and is the central data platform which, as the "digital twin" of the employees, manages data at Mercedes in a DSGVO-compliant manner. With its in-memory architecture, the Exasol database offers excellent opportunities to analyse and securely manage data with unprecedented performance,” said Jochen Linkohr, Head of HR DataFactory Team at Mercedes-Benz. “We appreciate the almost maintenance-free use of the database for many years. It enables us to increase efficiency and optimise costs, which in turn has had a positive impact on our business. We look forward to continuing our long-standing relationship with Exasol and using the new features to sustain our business."
To take advantage of the limited time Accelerator Program, and try Exasol in their own tech stack and data sets, businesses interested can go to www.exasol.com/poc. The Accelerator Program allows them to immediately start a complimentary SaaS trial or participate in a proof of concept with three months and five terabytes for free, so they can experience what no-compromises means for their organization.
About Exasol
Exasol is the no-compromise analytics database that provides increased productivity, cost-savings and flexibility, redefining how businesses use data.
With 20x faster processing, Exasol provides insights in record time, empowering businesses to solve complex problems, become more data-driven and bring innovation to life. Exasol also delivers ROI of more than 300% with reduced licensing, implementation, maintenance and training fees, eliminating cost shock and vendor-lock in. With Exasol, businesses have flexibility to manage data the way they want – in the cloud, SaaS, on-premises, or hybrid – without rip-and-replace disruption.
Hundreds of global brands like T-Mobile, Revolut, and Allianz rely on Exasol to innovate, grow and win. Join them – try Exasol for free to experience what no-compromise can do for your organization.
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