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BUSINESS INTELLIGENCE, BIG DATA MANAGEMENT

Fivetran Announces Expansion of Automated Data Movement Platform

Fivetran | March 02, 2023 | Read time : 02:30 min

Fivetran Announces Expansion of Automated Data Movement Platform

On March 1, 2023, Fivetran, a leading automated data movement solutions provider, launched three new offerings that make it the most comprehensive and complete enterprise-grade platform for automated data movement. The platform helps companies automate the process of maintaining and building data pipelines to centralize data from various sources into one centralized location, eliminating one of the most tedious tasks data engineers face. Fivetran's ELT process is fully automated, with prebuilt pipelines that deploy in minutes and adjust to source APIs and schemas changes.

Fivetran has extended its data movement platform with three new products, offering options for secure, real-time, and high-volume database replication for all deployment types:

  • The Fivetran Data Movement Platform provides safe, real-time, high-volume database replication choices for all deployment types. The High-Volume Agent (HVA) Connectors read directly from the source system's logs using log-based change data capture. An agent minimizes replication latency and supports large volumes of data, enabling enterprise users to access up-to-date, accurate, and granular data in near real time. In addition, the HVA connectors provide incremental updates and schema-drift monitoring, making them the optimal solution for high-volume replication use cases.
  • The Private Deployment option allows highly secure enterprises managing healthcare, defense, finance, and other sensitive data the choice to host Fivetran on-premises or in their own virtual private cloud (VPC). Due to security concerns, firms in highly regulated industries or with sensitive data were limited in where and how they could centralize their data. By deploying Fivetran in their own environment, these firms can modernize and simplify their tech stacks while complying with industry, company and regional policies. Modernizing infrastructure in this way lowers the total ownership cost since there are no heavy infrastructure or intensive set-up requirements.
  • Fivetran's AWS GovCloud Support allows government agencies to deploy the platform using AWS GovCloud to meet specific regulatory government requirements for handling data. AWS GovCloud enables government agencies to leverage the economies of the cloud while being compliant with FedRAMP for safe data movement. Furthermore, users can utilize AWS PrivateLink so that data is never exposed to the public internet.

About Fivetran

Fivetran is a leading automated data movement solutions provider specializing in automating the ELT process by handling the most time-consuming tasks, schema drift, such as extracts and transformations. This allows data engineers to concentrate on higher-impact projects while experiencing total pipeline peace of mind. Thousands of leading firms, including Lionsgate, Autodesk, Morgan Stanley, Conagra Brands, and Ziff Davis, trust its fully managed service to power mission-critical workloads and drive data-informed business decisions. Headquartered in Oakland, California, the company has a global presence, with offices in various parts of the world.

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Are Predictive Analytics Truly Predictive?

Unplanned downtime is one of the most significant pain points for industrial manufacturers today, costing them an estimated $50 billion each year. The risk is even greater for process manufacturing, where a critical equipment failure could result in the loss of an entire batch, environmental hazards, or safety risks. The adoption of digital technologies, such as the industrial internet of things (IIoT), promises to mitigate these threats by forecasting equipment failures and catching faults before they lead to unscheduled shutdowns. However, in practice, several challenges arise when maintenance personnel and operations leaders work to implement an IIoT solution aimed at eliminating unplanned downtime.

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Spotlight

Are Predictive Analytics Truly Predictive?

Unplanned downtime is one of the most significant pain points for industrial manufacturers today, costing them an estimated $50 billion each year. The risk is even greater for process manufacturing, where a critical equipment failure could result in the loss of an entire batch, environmental hazards, or safety risks. The adoption of digital technologies, such as the industrial internet of things (IIoT), promises to mitigate these threats by forecasting equipment failures and catching faults before they lead to unscheduled shutdowns. However, in practice, several challenges arise when maintenance personnel and operations leaders work to implement an IIoT solution aimed at eliminating unplanned downtime.

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Gigasheet Launches New API To Power Collaboration Between Business and Data Teams

Prnewswire | April 21, 2023

Gigasheet, the big data analytics startup, has announced the launch of its new enterprise API, enabling programmatic access to the platform's big data spreadsheets. Gigasheet's spreadsheet-like interface is second nature to most business users, and the web-based application offers many 'one click' solutions to common data problems. These capabilities can now be extended, integrated, and automated via the new enterprise API. Data Teams are using the new API to automate repetitive tasks, schedule imports and exports, and deliver large volumes of data to non-technical users for exploration in an intuitive interface. Data can be pushed into Gigasheet from databases, data warehouses, or enterprise applications. The API also enables business users to help with data preparation before running data pipelines or to inspect data quality throughout its lifecycle. "From day one we have focused on helping empower people to answer questions about big data. The existing tools used to work with enterprise data are increasingly sophisticated, but these tools require users to know SQL or Python," says Gigasheet CEO and Co-founder Jason Hines. "Data engineers know about data availability and quality, while the business users have the context. This causes a lot of back and forth, and too often it's inefficient for both teams." With more than 30,000 users on the company's platform, it's clear users love Gigasheet's data transformations and operations. The user interface is highly performant on large data sets, and the speed of complex operations far exceeds that of other tools. The usual complexity of dealing with big data is hidden from the user, allowing them to focus on analysis. Gigasheet's API helps data teams by enabling business users to contribute to the company's data preparation and analysis efforts. Their requirements can be directly embedded into data pipelines, without burdening internal IT or data teams for training and support. "Gigasheet makes it so easy to work with huge sales and marketing data sets. We're excited to see they have added an API for more seamless integration into workflows," said Mark Feldman, CEO of RevenueBase, a B2B customer intelligence company. Feldman says the company has been using the product for about a year. The company's API is also playing a role in data preparation through their partnership with Tamr. Led by seasoned data veteran Andy Palmer, Tamr's Data Mastering technology helps enterprises transform their data into an asset and a competitive advantage. Palmer says that "The Gigasheet API is a gamechanger. Gigasheet's spreadsheet interface makes it easy for any data citizen to profile and clean up raw files. With the API, we can now embed Gigasheet into pipelines to help our customers get to insights faster." About Gigasheet Gigasheet is a cloud-based big data spreadsheet that allows users to work with large and complex data sets in a simple and intuitive manner. With powerful data preparation and analysis features, Gigasheet helps businesses of all sizes make informed decisions based on data.

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AnswerRocket Introduces Max, an AI Assistant for Data Analysis

Businesswire | March 23, 2023

AnswerRocket, an innovator in delivering augmented analytics to the enterprise, is excited to announce the launch of Max, a revolutionary conversational AI assistant designed to help businesses explore, analyze, and uncover insights from their data. Max combines AnswerRocket’s augmented analytics platform with OpenAI’s GPT-4 large language model to deliver a simple conversational AI experience for insights discovery. With Max, users can ask natural language questions and get back accurate insights and visualizations in seconds. GPT-4’s advanced language processing capabilities allow Max to understand and respond to a wide range of queries, making it easier than ever before to get the information they need. “The record-breaking adoption of ChatGPT is driving a paradigm shift in how business users interact with software. This shift aligns with AnswerRocket’s mission to empower business teams to quickly get answers from their data,” said Alon Goren, CEO at AnswerRocket. “Powered by GPT-4, Max makes it easy for everyone to understand and act on data, no matter their level of technical expertise.” BI adoption may be as low as 25%, according to research by Business Application Research Center (BARC) and Eckerson Group. Interacting with BI and analytics platforms represents a key barrier to broad enterprise adoption. AnswerRocket’s patent-pending use of large language models to enable chat-based analytics addresses the user adoption challenges that have plagued business intelligence and analytics teams for decades. Max enables businesses of all sizes to easily access and analyze their data in real time with zero training. Simply type your questions, and Max will provide insightful answers and visualizations based on your data. Some of the key features of Max include: Easy data exploration: With Max, you can ask natural language questions and receive instant insights on your data. Whether you're looking for specific answers, drivers, trends, or outliers, Max can help you uncover hidden insights so you can take action. Advanced analysis capabilities: In addition to answering basic questions, Max can perform advanced analysis, including statistical, diagnostic, and predictive analytics. This allows businesses to expand access to deeper insights across their teams. Accelerated data setup: Users can connect, prepare, and begin analyzing their data in minutes thanks to a streamlined data configuration experience powered by GPT-4 to support automated data classification, definitions, synonyms, and suggested questions. Trainable model: Users can train Max to understand their business and analysis preferences. Max continuously learns from user input to improve its insights over time. “Anheuser-Busch InBev has long recognized the power of analytics to spur growth and innovation in a highly competitive market. It’s why we partnered with AnswerRocket to deliver faster, deeper insights to our business,” said Sabine Van den Bergh, Director Brand Strategy & Insights Europe at Anheuser-Busch InBev. “A chat-based tool like Max can help more users feel comfortable interacting with data. Having an on-demand assistant that can quickly answer the questions that pop up throughout the day would enable our team to make data-driven decisions at scale.” Beam Suntory is currently leveraging AnswerRocket to deliver automated, interactive consumer insights across its portfolio of 50+ premium spirits. Abraham Neme, Global Head BI & Analytics at Beam Suntory said, “With Max, Beam Suntory can automate routine tasks and gain valuable insights from data, allowing us to make more informed decisions. I see the potential for Max to become a powerful tool for analyzing a combination of external, macro, and internal data.” Cereal Partners Worldwide (CPW)—a joint venture between Nestlé and General Mills with over 50 brands—launched AnswerRocket’s core augmented analytics platform to their enterprise in early 2023. Regarding the new chatbot experience, Chris Potter, Global Applied Analytics at CPW said, “Max will take AnswerRocket to the next level! We need our teams to make informed, fact-based decisions. Max will enable users across all levels of CPW to quickly access data and insights through intuitive questions and responses.” AnswerRocket is excited to bring this innovative technology to businesses in Q2 2023. About AnswerRocket Founded in 2013, AnswerRocket is an augmented analytics platform for data exploration, analysis, and insights discovery. It allows users to monitor key metrics, identify performance drivers, and detect critical issues within seconds. AnswerRocket’s latest release harnesses OpenAI’s ChatGPT technology to enable conversational analytics on proprietary data. Users can chat with Max–an AI assistant for data analysis–to get narrative answers, insights, and visualizations. Additionally, AnswerRocket empowers data science teams to operationalize their models throughout the enterprise. Companies like Anheuser-Busch InBev, Cereal Partners Worldwide, Beam Suntory, Coty, EMC Insurance, Pabst, Hi-Rez Studios, American Licorice Company, and National Beverage Corporation depend on AnswerRocket to increase their speed to insights.

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Fintech SigmaLogic, Known for its LOGICLY Platform, is Now Part of VettaFi’s Suite of Data and Analytics Offerings

Businesswire | May 02, 2023

VettaFi, a data, analytics, digital distribution, and thought leadership company that helps asset managers solve their most pressing and complex challenges, is today announcing that SigmaLogic, creator of LOGICLY, is the newest component of the firm’s robust suite of data and analytics solutions. LOGICLY is a leading web-based platform that allows financial advisors and asset managers to streamline the investment research process and to have access to comprehensive portfolio management capabilities, real-time alerts, and advanced analytics. SigmaLogic, a U.S.-based fintech firm, had previously been part of TMX Group, which announced a strategic investment in VettaFi at the start of the year. As the LOGICLY offering was deemed to be an excellent fit for VettaFi’s fast-growing community of financial advisor and asset manager clients, the decision was made to bring SigmaLogic and LOGICLY under the VettaFi umbrella. “The market performance analytics approach that the LOGICLY team has built is an excellent complement to the behavioral analytics solutions that forms the core of so much of what VettaFi does,” said Tom Hendrickson, President of VettaFi. “We’re thrilled that our partners at TMX Group so clearly share our vision of making VettaFi the source of truth for advisors and asset managers, not just in the depth, breadth, and accessibility of data, but also in making that data actionable to help streamline their businesses." Launched in 2017 and led by Emil Tarazi, LOGICLY has grown and evolved to integrate a range of leading-edge technologies, including artificial intelligence, portfolio analysis and operation, and in-depth trading analytics. The result is a highly intuitive web-based platform that allows advisors and managers to more closely screen and compare investment products through a range of risk and exposure lenses, more easily identifying potential opportunities and avoiding potential pitfalls that might not otherwise be readily apparent. As part of the transaction, TMX Group is receiving additional common equity of VettaFi. The transaction closed on April 21, 2023. “The addition of SigmaLogic’s LOGICLY, a leading provider of advanced insights and analytics tools, will strengthen VettaFi’s global client offering and enhance the value of TMX Datalinx and VettaFi’s existing commercial relationship,” added Jay Rajarathinam, Chief Operating Officer, TMX Group. In the coming months, LOGICLY will be integrated into the VettaFi offering and data ecosystem, while the team continues to deliver against its product roadmap, now accelerated by the addition of this robust suite of portfolio research and advanced investment analytics tools. More information on VettaFi can found here: https://vettafi.com/ About VettaFi VettaFi LLC, a data, analytics, and thought leadership company, is transforming financial services from an industry to a community—one relationship at a time. Engaging millions of investors annually, VettaFi cultivates an industry leading data-driven platform, built to empower and educate the modern financial advisor and institutional investor. In addition to providing interactive online tools and research, VettaFi offers asset managers an array of indexing and digital distribution solutions to innovate and scale their businesses.

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Gigasheet Launches New API To Power Collaboration Between Business and Data Teams

Prnewswire | April 21, 2023

Gigasheet, the big data analytics startup, has announced the launch of its new enterprise API, enabling programmatic access to the platform's big data spreadsheets. Gigasheet's spreadsheet-like interface is second nature to most business users, and the web-based application offers many 'one click' solutions to common data problems. These capabilities can now be extended, integrated, and automated via the new enterprise API. Data Teams are using the new API to automate repetitive tasks, schedule imports and exports, and deliver large volumes of data to non-technical users for exploration in an intuitive interface. Data can be pushed into Gigasheet from databases, data warehouses, or enterprise applications. The API also enables business users to help with data preparation before running data pipelines or to inspect data quality throughout its lifecycle. "From day one we have focused on helping empower people to answer questions about big data. The existing tools used to work with enterprise data are increasingly sophisticated, but these tools require users to know SQL or Python," says Gigasheet CEO and Co-founder Jason Hines. "Data engineers know about data availability and quality, while the business users have the context. This causes a lot of back and forth, and too often it's inefficient for both teams." With more than 30,000 users on the company's platform, it's clear users love Gigasheet's data transformations and operations. The user interface is highly performant on large data sets, and the speed of complex operations far exceeds that of other tools. The usual complexity of dealing with big data is hidden from the user, allowing them to focus on analysis. Gigasheet's API helps data teams by enabling business users to contribute to the company's data preparation and analysis efforts. Their requirements can be directly embedded into data pipelines, without burdening internal IT or data teams for training and support. "Gigasheet makes it so easy to work with huge sales and marketing data sets. We're excited to see they have added an API for more seamless integration into workflows," said Mark Feldman, CEO of RevenueBase, a B2B customer intelligence company. Feldman says the company has been using the product for about a year. The company's API is also playing a role in data preparation through their partnership with Tamr. Led by seasoned data veteran Andy Palmer, Tamr's Data Mastering technology helps enterprises transform their data into an asset and a competitive advantage. Palmer says that "The Gigasheet API is a gamechanger. Gigasheet's spreadsheet interface makes it easy for any data citizen to profile and clean up raw files. With the API, we can now embed Gigasheet into pipelines to help our customers get to insights faster." About Gigasheet Gigasheet is a cloud-based big data spreadsheet that allows users to work with large and complex data sets in a simple and intuitive manner. With powerful data preparation and analysis features, Gigasheet helps businesses of all sizes make informed decisions based on data.

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BUSINESS INTELLIGENCE, BIG DATA MANAGEMENT, DATA SCIENCE

AnswerRocket Introduces Max, an AI Assistant for Data Analysis

Businesswire | March 23, 2023

AnswerRocket, an innovator in delivering augmented analytics to the enterprise, is excited to announce the launch of Max, a revolutionary conversational AI assistant designed to help businesses explore, analyze, and uncover insights from their data. Max combines AnswerRocket’s augmented analytics platform with OpenAI’s GPT-4 large language model to deliver a simple conversational AI experience for insights discovery. With Max, users can ask natural language questions and get back accurate insights and visualizations in seconds. GPT-4’s advanced language processing capabilities allow Max to understand and respond to a wide range of queries, making it easier than ever before to get the information they need. “The record-breaking adoption of ChatGPT is driving a paradigm shift in how business users interact with software. This shift aligns with AnswerRocket’s mission to empower business teams to quickly get answers from their data,” said Alon Goren, CEO at AnswerRocket. “Powered by GPT-4, Max makes it easy for everyone to understand and act on data, no matter their level of technical expertise.” BI adoption may be as low as 25%, according to research by Business Application Research Center (BARC) and Eckerson Group. Interacting with BI and analytics platforms represents a key barrier to broad enterprise adoption. AnswerRocket’s patent-pending use of large language models to enable chat-based analytics addresses the user adoption challenges that have plagued business intelligence and analytics teams for decades. Max enables businesses of all sizes to easily access and analyze their data in real time with zero training. Simply type your questions, and Max will provide insightful answers and visualizations based on your data. Some of the key features of Max include: Easy data exploration: With Max, you can ask natural language questions and receive instant insights on your data. Whether you're looking for specific answers, drivers, trends, or outliers, Max can help you uncover hidden insights so you can take action. Advanced analysis capabilities: In addition to answering basic questions, Max can perform advanced analysis, including statistical, diagnostic, and predictive analytics. This allows businesses to expand access to deeper insights across their teams. Accelerated data setup: Users can connect, prepare, and begin analyzing their data in minutes thanks to a streamlined data configuration experience powered by GPT-4 to support automated data classification, definitions, synonyms, and suggested questions. Trainable model: Users can train Max to understand their business and analysis preferences. Max continuously learns from user input to improve its insights over time. “Anheuser-Busch InBev has long recognized the power of analytics to spur growth and innovation in a highly competitive market. It’s why we partnered with AnswerRocket to deliver faster, deeper insights to our business,” said Sabine Van den Bergh, Director Brand Strategy & Insights Europe at Anheuser-Busch InBev. “A chat-based tool like Max can help more users feel comfortable interacting with data. Having an on-demand assistant that can quickly answer the questions that pop up throughout the day would enable our team to make data-driven decisions at scale.” Beam Suntory is currently leveraging AnswerRocket to deliver automated, interactive consumer insights across its portfolio of 50+ premium spirits. Abraham Neme, Global Head BI & Analytics at Beam Suntory said, “With Max, Beam Suntory can automate routine tasks and gain valuable insights from data, allowing us to make more informed decisions. I see the potential for Max to become a powerful tool for analyzing a combination of external, macro, and internal data.” Cereal Partners Worldwide (CPW)—a joint venture between Nestlé and General Mills with over 50 brands—launched AnswerRocket’s core augmented analytics platform to their enterprise in early 2023. Regarding the new chatbot experience, Chris Potter, Global Applied Analytics at CPW said, “Max will take AnswerRocket to the next level! We need our teams to make informed, fact-based decisions. Max will enable users across all levels of CPW to quickly access data and insights through intuitive questions and responses.” AnswerRocket is excited to bring this innovative technology to businesses in Q2 2023. About AnswerRocket Founded in 2013, AnswerRocket is an augmented analytics platform for data exploration, analysis, and insights discovery. It allows users to monitor key metrics, identify performance drivers, and detect critical issues within seconds. AnswerRocket’s latest release harnesses OpenAI’s ChatGPT technology to enable conversational analytics on proprietary data. Users can chat with Max–an AI assistant for data analysis–to get narrative answers, insights, and visualizations. Additionally, AnswerRocket empowers data science teams to operationalize their models throughout the enterprise. Companies like Anheuser-Busch InBev, Cereal Partners Worldwide, Beam Suntory, Coty, EMC Insurance, Pabst, Hi-Rez Studios, American Licorice Company, and National Beverage Corporation depend on AnswerRocket to increase their speed to insights.

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BUSINESS INTELLIGENCE, BIG DATA MANAGEMENT, DATA SCIENCE

Fintech SigmaLogic, Known for its LOGICLY Platform, is Now Part of VettaFi’s Suite of Data and Analytics Offerings

Businesswire | May 02, 2023

VettaFi, a data, analytics, digital distribution, and thought leadership company that helps asset managers solve their most pressing and complex challenges, is today announcing that SigmaLogic, creator of LOGICLY, is the newest component of the firm’s robust suite of data and analytics solutions. LOGICLY is a leading web-based platform that allows financial advisors and asset managers to streamline the investment research process and to have access to comprehensive portfolio management capabilities, real-time alerts, and advanced analytics. SigmaLogic, a U.S.-based fintech firm, had previously been part of TMX Group, which announced a strategic investment in VettaFi at the start of the year. As the LOGICLY offering was deemed to be an excellent fit for VettaFi’s fast-growing community of financial advisor and asset manager clients, the decision was made to bring SigmaLogic and LOGICLY under the VettaFi umbrella. “The market performance analytics approach that the LOGICLY team has built is an excellent complement to the behavioral analytics solutions that forms the core of so much of what VettaFi does,” said Tom Hendrickson, President of VettaFi. “We’re thrilled that our partners at TMX Group so clearly share our vision of making VettaFi the source of truth for advisors and asset managers, not just in the depth, breadth, and accessibility of data, but also in making that data actionable to help streamline their businesses." Launched in 2017 and led by Emil Tarazi, LOGICLY has grown and evolved to integrate a range of leading-edge technologies, including artificial intelligence, portfolio analysis and operation, and in-depth trading analytics. The result is a highly intuitive web-based platform that allows advisors and managers to more closely screen and compare investment products through a range of risk and exposure lenses, more easily identifying potential opportunities and avoiding potential pitfalls that might not otherwise be readily apparent. As part of the transaction, TMX Group is receiving additional common equity of VettaFi. The transaction closed on April 21, 2023. “The addition of SigmaLogic’s LOGICLY, a leading provider of advanced insights and analytics tools, will strengthen VettaFi’s global client offering and enhance the value of TMX Datalinx and VettaFi’s existing commercial relationship,” added Jay Rajarathinam, Chief Operating Officer, TMX Group. In the coming months, LOGICLY will be integrated into the VettaFi offering and data ecosystem, while the team continues to deliver against its product roadmap, now accelerated by the addition of this robust suite of portfolio research and advanced investment analytics tools. More information on VettaFi can found here: https://vettafi.com/ About VettaFi VettaFi LLC, a data, analytics, and thought leadership company, is transforming financial services from an industry to a community—one relationship at a time. Engaging millions of investors annually, VettaFi cultivates an industry leading data-driven platform, built to empower and educate the modern financial advisor and institutional investor. In addition to providing interactive online tools and research, VettaFi offers asset managers an array of indexing and digital distribution solutions to innovate and scale their businesses.

Read More

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