BIG DATA MANAGEMENT

WNS Releases Global Data & Analytics Survey

WNS | February 21, 2022

Data & Analytics
WNS Limited, a leading provider of BPM (Business Process Management) solutions, unveiled a survey report with the title Time to Accelerate your Data & Analytics Journey is Now, which explores the maturity of data and analytics abilities as well as the future outlook across industries. The report, which was based on a WNS-commissioned survey performed by Forrester Consulting, was designed to look at the role of data, analytics, & Artificial Intelligence in assisting businesses in achieving their strategic goals, as well as the difficulties they face in becoming a data-driven company. The study included 450 CXOs and senior decision-makers from important industries such as banking and financial services, insurance, life sciences, consumer packaged goods, manufacturing, retail, and new-age digital/ hi-tech industries from the United States, Europe, and the Asia Pacific.

While 63% of decision-makers perceive data and analytics as a crucial strategic enabler, just 37% prioritize investment in enhanced data and analytics capabilities, according to the report. This emphasizes the immense possibility of acting on corporate goals in the future. Importantly, 68% intend to expand internal capabilities, hire more people, and use cloud and data commercialization solutions. The report emphasizes the importance of cloud-based analytics in helping businesses achieve agility and scalability. Today, 31% of respondents are in the midst of transitioning to a cloud-first strategy, with cloud-based analytics capabilities being a top priority in their plan.

Businesses are prioritizing investment in data fabric/virtualization technologies, Data Lake, and data stream processing to promote increased data and analytics maturity. Higher-maturity organizations are putting more effort into building cloud-based analytics capabilities.

 "According to the survey, 82 percent of organizations with an advanced maturity level have experienced positive year-on-year growth over the past three years. Clearly, data and analytics maturity, including robust AI and cloud-based solutions, is a key enabler of business performance and organizational resilience in the new normal. At WNS Triange (formerly WNS' Research and Analytics Unit), we are partnering with global businesses in their data-to-insights journey by leveraging the power of domain, AI / ML and intelligent cloud platforms to co-create future-ready solutions."

Keshav R. Murugesh, Group CEO, WNS

Data and analytics-driven firms have a lot of room to grow in the future. This is due to the growing complexity and diversity of data and analytics operations that rely on AI and ML technology. Staying ahead of the competitors needs data and analytics, and third-party service providers are crucial enablers on this road.

Spotlight

Farsight is an IoT demo that demonstrates the value of gathering telemetry data from machines that do not usually have smart-ness built in to them. By continuously measuring operational data such as revolutions, RPMs, wattage, machine and ambient temperature and usage we can build profiles of machines in the cloud. We can then use these profiles to perform analyses on these data to determine if a machine is working within its operational parameters or determine if it requires preventative maintenance, and if so, notifying retailers and consumers of what needs to be done. The demo makes use of the Intel Upsquared IoT board to collect data from a toy machine and uses AWS IoT to collect data and perform additional analysis on it.

Spotlight

Farsight is an IoT demo that demonstrates the value of gathering telemetry data from machines that do not usually have smart-ness built in to them. By continuously measuring operational data such as revolutions, RPMs, wattage, machine and ambient temperature and usage we can build profiles of machines in the cloud. We can then use these profiles to perform analyses on these data to determine if a machine is working within its operational parameters or determine if it requires preventative maintenance, and if so, notifying retailers and consumers of what needs to be done. The demo makes use of the Intel Upsquared IoT board to collect data from a toy machine and uses AWS IoT to collect data and perform additional analysis on it.

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BIG DATA MANAGEMENT,BUSINESS STRATEGY

Options Celebrate Eighth Microsoft Gold Partner Status Competency in Data Platform

Options | August 20, 2022

Options Technology, the leading provider of cloud-enabled managed services to the global capital markets, today announced its eighth Microsoft Gold Partner Status competency in Data Platform. Gold Partner Status is awarded to only the top 1% of Microsoft partners and is a recognized mark of the highest technology and business performance standards worldwide. Microsoft’s Data Platform competency demonstrates Options’ ability to ensure customer database systems operate efficiently with data secured from unauthorized access and categorized so that it can be translated into business insights. This accolade is the latest addition to Options’ global cloud-agnostic platform. It follows the company’s receipt of Microsoft Gold Partner competencies in Collaboration and Content, Security, Small and Midmarket Cloud Solutions, Cloud Productivity, Cloud Platform, Project and Portfolio Management, and Communication. “Our strategic partnership with Microsoft continues to produce a unique blend of technical innovation, expertise and now an extensive list of cloud credentials which offer lasting credibility and capability for our clients across the capital markets." Options’ President and CEO, Danny Moore We are delighted to achieve our latest Microsoft accreditation in Data Platform. This recognition enables Options to deliver best-in-class data solutions alongside a secure, resilient, and cloud-agnostic platform.” Today’s news comes as the latest in a series of announcements for Options, including its win for Best Employee Development Programme at the Irish News Workplace & Employment Awards, VMware Cloud Verified Status in LHC, and the launch of Quantify and Data Store products. In 2019, Options received investment from Boston-based Private Equity Firm, Abry Partners. This investment has enabled Options to accelerate its growth strategy and develop its technology platform whilst expanding its reach in key financial centres globally. About Options Options Technology is the No. 1 provider of IT infrastructure to global Capital Markets firms, supporting their operations and ecosystems. Founded in 1993, the firm began life as a hedge fund technology services provider. Today, the company provides high-performance managed trading infrastructure and cloud-enabled managed services to over 550 firms globally, providing an agile, scalable platform in an Investment Bank-grade Cybersecurity wrapper. Options clients include the leading global investment banks, hedge funds, funds of funds, proprietary trading firms, market makers, broker/dealers, private equity houses, and exchanges. With offices in 8 key cities; New York, Toronto, Chicago, London, Belfast, Hong Kong, Singapore, and Auckland, Options are well placed to service its customers on-site and remotely. About Abry Partners Abry is one of the most experienced and successful sector-focused private equity investment firms in North America. Since its founding in 1989, the firm has completed over $82 billion of leveraged transactions and other private equity or preferred equity placements. Currently, the firm manages over $5.0 billion of capital across their active funds.

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BUSINESS INTELLIGENCE

Dresner Advisory Services Study Rates Pyramid Analytics as a Business Intelligence Leader

Pyramid Analytics | July 28, 2022

Pyramid Analytics (Pyramid) is identified as a leader in Business Intelligence (BI) in a new report, Vendor Insights/BI: Pyramid Analytics by Dresner Advisory Services. The report examines Pyramid’s performance across its products and services and characterised its customer base compared to the overall sample of 25 vendors. One hundred percent of Pyramid customers surveyed by the Dresner analyst team would recommend Pyramid to enterprise buyers evaluating BI and augmented analytics solutions. The company was positioned as an Overall Experience Leader in Customer Experience and Vendor Credibility Model. Key Points: Across all measures for customer sentiment, Pyramid scored above the overall sample, including achieving a perfect recommend score. Pyramid consistently scored above the overall sample in key areas such as sales experience, quality and usefulness of the product and consulting services. In both the Customer Experience Model and Vendor Credibility Model, Pyramid maintained a leadership position. Download the Dresner report for free. Schedule a demo of the Pyramid Decision Intelligence Platform. The report includes detailed customer feedback that praises Pyramid Analytics for outperforming all competition in providing a complete platform for analytics and decision intelligence that is “extremely powerful, flexible and easy to use.” The focused Vendor Insights report includes data and qualitative customer input on the Pyramid Decision Intelligence Platform gathered for the 2022 Dresner Advisory Services Business Intelligence Market Study. Decision Intelligence is the Next Big Data Analytics Innovation The next major innovation in analytics is Artificial Intelligence (AI). Applying AI across Data Prep, Business Analytics, and Data Science is what separates Decision Intelligence from traditional business intelligence tools such as Microsoft Power BI, Qlik, and Tableau. AI lowers the skills barrier by automating the highly technical work needed to prepare and analyze data and create and share reports and dashboards. The Pyramid Decision Intelligence Platform delivers data-driven insights for anyone to make faster, more intelligent decisions. The Pyramid Platform provides instant access to any data, enables automated governed self-service for any person, and serves any analytics need, from the simple to the sophisticated. By uniquely combining Data Prep, Business Analytics, and Data Science with AI guidance in a single environment, the Pyramid Platform reduces cost and complexity while accelerating growth and innovation. This enables a strategic, organization-wide approach to Business Intelligence and Analytics. Complete, Unified Decision Intelligence Only the Pyramid Decision Intelligence Platform unifies Data Preparation, Business Analytics, and Data Science on a single, integrated platform. This eliminates the need to use multiple disparate tools and the associated license cost and management complexity. Lower Total Cost of Ownership (TCO), rapid rollout, quicker and direct access to all available data, and industry-leading user adoption means faster time to value. The Pyramid Decision Intelligence Platform can be deployed on-premises, into a private or public cloud, embedded into other apps or delivered through Managed Services Providers (MSP). Quotes “We are delighted that the Dresner report has identified Pyramid Analytics as a leader in business intelligence, highlighting our integrity, credibility and overall experience. Best of all, 100 percent of our customers surveyed recommend the Pyramid Decision Intelligence Platform. The Dresner reports are highly influential and a reliable source for assessing industry performance. This shows that decision intelligence, and Pyramid, is what’s next in BI and analytics, cutting through complexity and combining business intelligence and analytics in one fast, efficient, and easy-to-use platform. Omri Kohl, CEO and Co-Founder, Pyramid Analytics “We were thrilled to see the glowing feedback our decision intelligence platform received from our customers, who highlighted our brilliant customer service, technical assistance and desire for our customers to succeed. We are passionate to build on this success, continuing to grow and work with our customers to showcase all that is possible with decision intelligence.” Howard Dresner, Founder and Chief Research Officer, Dresner Advisory Services: “We congratulate Pyramid Analytics for its success in this year’s report. Pyramid Analytics demonstrated a strong showing across many of the key criteria that customers use in assessing their BI vendors. In a competitive market, our research showed Pyramid as a credible, leading vendor. Business intelligence is a rapidly evolving field, and customers need products and services that deliver insights faster and more detailed insights than ever before.” About Pyramid Analytics Pyramid is what’s next in analytics. Our unified decision intelligence platform delivers insights for anyone to make faster, more intelligent decisions. The Pyramid Decision Intelligence Platform provides direct access to any data, enables governed self-service for any person, and serves any analytics need in a no-code environment. The Pyramid Platform uniquely combines Data Prep, Business Analytics, and Data Science in a single environment with AI guidance, reducing cost and complexity while accelerating growth and innovation. The Pyramid Platform enables a strategic, organization-wide approach to Business Intelligence and Analytics, from the simple to the sophisticated. Schedule a demo.

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BIG DATA MANAGEMENT,BUSINESS STRATEGY

Data Dynamics announces StorageX 9.0

Data Dynamics | August 24, 2022

Data Dynamics, the leader in Unified Unstructured Data Management, announced today the release of StorageX9.0. The upgraded version expands and enhances the existing product functionalities to help customers manage sprawls of unstructured data and its complexities. It enables enterprises to categorize & analyze their data, draw actionable insights, apply security practices, maintain compliance, and enhance business performance. StorageX 9.0 is power packed with new features, including Share and DFS analytics, NFSv4 and NFSv3 POSIX security translation, and support for versioned object mobility. "StorageX 9.0 is an enhancement to our already strong data management portfolio. It helps our enterprise customers with the capabilities they need for intelligent heterogenous petabyte-scale migrations and modernization, with fast time to value, maintaining compliance, and enhanced data security." Cuong Le, CSO of Data Dynamics Furthermore, StorageX recently collaborated with Microsoft to develop the Azure File Migration service. This program allows enterprises to migrate their data to Azure for free with StorageX. Click here to know more. StorageX, when used in conjunction with Data Dynamics' unified unstructured data management platform, can help enterprises unlock the true potential of their data. The platform helps with end-to-end data management capabilities such as Data Mobility, Data Analytics, Data Security, and Data Compliance. About Data Dynamics Data Dynamics is a leading provider of enterprise data management solutions, helping organizations structure unstructured data with their Unified Unstructured Data Management Platform. Proven in over 26 Fortune 100 companies, the platform is a one-stop solution that enables organizations to unlock data-driven insights, secure data, ensure compliance & governance and drive hybrid cloud data management.

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