BIG DATA MANAGEMENT

Yext Partners with Snowflake to Unlock Actionable Search Insights

Yext | June 17, 2022

Yext
Yext, Inc., the Answers business, announced today a collaboration with Snowflake, the Data Cloud company, to enhance the analytics capability of its award-winning platform. Customers can enhance their digital experiences with extremely specific insights from search queries, reviews, and other kinds of online interaction with Yext analytics, powered by Snowflake.

Yext leverages the Snowflake Data Cloud via the Powered by Snowflake initiative to create safe data sharing capabilities and a single source of truth for search analytics. Customers of Yext can now securely access and act on key insights by using Snowflake's platform's speed, size, and performance.

"Analytics has always been a key focus of ours, and that's only become more important now that Yext answers questions across websites, search engines, apps, and chatbots. Snowflake allows us to turn data into insights — it's that simple. We've continuously innovated to deliver exceptional value to our customers, and Snowflake provides us with the edge we need to take our platform to the next level."

Maxwell Shaw, SVP of Product Management at Yext

Yext's partnership with Snowflake is on full display at this year's Snowflake Summit, which takes place June 13–16 in Las Vegas, Nevada, and brings together thousands of Snowflake's partners, customers, and industry peers to network, collaborate, and learn about Snowflake and emerging trends in data and analytics. Yext powers search on the conference app and website, providing participants with quick access to information on sessions, presenters, logistics, and more.

Scott Schilling, Senior Director, Global Partner Development at Snowflake said that, "With Snowflake's powerful engine purpose-built for modern data applications, Yext is positioned to deliver faster time-to-value for end users. Snowflake's partnership with Yext enables joint customers to unlock data-driven insights with advanced analytics, driving better experiences wherever users look for answers."

Spotlight

In many organisations today, more and more business users are spending increasing amounts of time trying to find and integrate the relevant pieces of data they need to perform specific process tasks and to produce business insights. A major reason for this is because the data they need is increasingly becoming distributed across many different application data stores built to support specific functional business areas. This makes it difficult to access integrated, relevant data for any kind of cross-functional use.

Spotlight

In many organisations today, more and more business users are spending increasing amounts of time trying to find and integrate the relevant pieces of data they need to perform specific process tasks and to produce business insights. A major reason for this is because the data they need is increasingly becoming distributed across many different application data stores built to support specific functional business areas. This makes it difficult to access integrated, relevant data for any kind of cross-functional use.

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BIG DATA MANAGEMENT

Knoema Announces Acquisition of Seek Data to Expand Data Analytics Solutions Across New Industries

Knoema | July 27, 2022

Knoema, the premier data platform which makes data discoverable and actionable, today announced the acquisition of Seek Data, a leading cloud data and analytics consultancy across industries, including retail and consumer packaged goods (CPG). The onboarding of Seek Data’s analytics professionals and engineers will accelerate Knoema’s goal to meet end-user demand for solutions that are tailored to specific industry verticals, starting with retail and CPG. Effective immediately, Erik Mitchell will join the Knoema team full-time as Chief Strategy Officer overseeing commercial and product strategy at the combined firm. “The Knoema Data Hub has led to partnerships with some of the industry’s leading IT and business leaders to access, work with, and derive insights from data,” said Charles Poliacof, CEO of Knoema. “With the acquisition of Seek Data, we will have an opportunity to offer a suite of solutions that support business users on the front lines of sales and marketing, as well as supply chain. We’ll be in a position to bring the world’s data to life through Seek Data’s proprietary data models and in turn, increase the ROI on data and technology spend for companies in the retail and CPG space.” Since receiving investments from Eldridge and Snowflake Ventures, Knoema has transitioned from being a data provider with comprehensive data sets in the Snowflake Marketplace to a leading Gartner categorized Data Hub. Through this acquisition, Knoema will also look to a more integrated partnership with Snowflake by turning the Seek Data Retail and CPG Hub into a series of applications that will run natively on the Snowflake Data Cloud’s Native Apps framework. “By combining Seek Data’s deep industry expertise and applications with Knoema’s ability to enable customers to seamlessly discover and access data across the Data Cloud, Snowflake customers will now be able to access their most critical data assets across the Data Cloud in a more personalized manner. “Mutual customers will also now be able to take advantage of a new integrated suite of industry-specific native applications that drive automated business ROI natively across the Data Cloud.” Rosemary Hua DeAragon, Global Retail, and CPG Industry GTM lead, Snowflake “Business teams are leveraging more data than ever before, and Seek Data’s unique ability to turn data into returns on investment that drive insights and business outcomes has been a key differentiator in the market. By combining Seek Data’s business expertise and Knoema’s technology and scale, Knoema will redefine how business analytics teams drive outcomes across industries, beginning with retail and CPG.” said Seek Data founder, Erik Mitchell. Seek Data, founded in 2019 by Erik Mitchell, has seen rapid growth since its inception. With a client portfolio that already includes many of the world’s largest brands, along with deep partnerships with many industry-leading technology and data providers, Seek Data will bring a robust client and partner portfolio to the Knoema Data Hub. About Knoema Knoema, an Eldridge business, is the premier data platform that makes data discoverable and actionable. We connect the expanding universe of disparate data sources into a data-native network. Our revolutionary technology empowers business users to automatically discover, catalog, and share data insights via dashboards, reports, models, and interactive portals, eliminating the need for manual data work. Knoema’s Data Hub is an integrated data workspace built for business users, not just for engineers. About Seek Data Seek Data, a leading data analytics provider for Retail and CPG, helps design, build, support and lead analytics organizations across many industries & business functions, helping their clients deliver data-driven, innovative solutions to their business partners. Seek Data focuses on the intersection of business knowledge and analytics acumen to drive long-term, sustainable business strategies regardless of the industry.

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Micro Focus IDOL Named a Leader Among Document Focused Text Analytics Platforms

Micro Focus | July 20, 2022

Micro Focus today announced that it has been recognized as a Leader in The Forrester Wave™: Document-Oriented Text Analytics Platforms, Q2 2022 report for its unified AI-based data analytics platform, IDOL. For Micro Focus, the 2022 recognition demonstrates the success of IDOL's ongoing strategy in addressing diverse use cases for extracting maximum data value and delivering holistic insights to accelerate better business decisions. In its evaluation, Forrester reviewed a dozen document-oriented text analytics platforms and assessed the strengths and weaknesses of each offering based on a comprehensive set of evaluation criteria grouped into three categories: current offering, strategy and market presence. The report states, "IDOL's strengths include document capture, including one of the most comprehensive document-focused data integration and document-workflow orchestration capabilities (partially based on Apache NiFi), native image analytics, comprehensive NLU (over 1,000 entities), a multitude of OOTB ontologies for data enrichment, document level text analytics, and secure handling of sensitive data (including PII redaction in audio, images, and video)." "Micro Focus IDOL's ability to comprehensively address all unstructured data analytics needs is unmatched. "We believe IDOL's proven performance has earned it recognition as a Leader from Forrester." Rick Carlson, VP of Product Management, Information Management & Governance, Micro Focus Today's organizations are faced with fragmented and siloed information that is driving the need to easily connect to data across disparate content repositories, and even cloud-based platforms. IDOL helps organizations to meet this challenge by unlocking hidden insights by revealing trends, patterns and relationships and is just one of the ways Micro Focus helps customers bridge existing and emerging technologies in the race to digital transformation. Micro Focus IDOL provides AI and machine learning unstructured data analytics of all text and rich media with support for more than 1,300 data formats. It enables out-of-the-box access to more than 150 data repositories behind and beyond firewalls, (for example, Documentum, Dropbox, and such) that allows data to be indexed wherever it resides without disruption. In addition to being a Leader in the Forrester Wave: Document-Oriented Text Analytics Platforms Report, IDOL has also been recognized as a Strong Performer in The Forrester Wave™: People-Oriented Text Analytics Platforms, Q2 2022 report. About Micro Focus Micro Focus is one of the world's largest enterprise software providers, focused on solving the IT dilemma—how to balance today's needs with tomorrow's opportunities. We deliver mission-critical technology that helps tens of thousands of customers worldwide manage core IT elements of their business. Strengthened by our strategic services and support organizations, and an extensive partner network, our broad set of technologies for security, IT operations, application delivery, governance, modernization, and analytics provides the innovative solutions organizations need to run and transform— at the same time.

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BIG DATA MANAGEMENT

Decodable Launches Delta Lake Connector Into GA

Decodable | July 01, 2022

Decodable, a real-time data engineering company announced today a faster, simpler, and less costly method of ingesting streaming data into Databricks. The announcement was made today at the Data + AI Summit in San Francisco and was made possible by the inclusion of a new connection for Decodable SaaS users. “Ingesting streaming data into Databricks unlocks a host of powerful analytics capabilities. Unfortunately, for many developers of real-time applications, the present process to make this happen is overly complicated and cost prohibitive. We built the Delta Lake connector to solve those problems and bring the power of Databricks to a whole new set of use cases that presently are blocked due to the cost and complexity of ingestion.” Eric Sammer, CEO and founder of Decodable Delta Lake is an open source storage system for working with data from Amazon S3, Google Cloud, Azure Data Lake, Hadoop, and a variety of other data lakes. Any Decodable user who wishes to utilize Databricks with data from other systems can use the new Delta Lake connection. It allows for data intake into Databricks at the Bronze and Silver levels of the Databricks medallion data layer architecture. Using the Decodable service in conjunction with the new connector is the easiest way to get data into Databricks so that application developers and data engineers can leverage Databricks' AI-driven power while doing so through a data ingestion pipeline that is less expensive, less complex, and simpler than current batch ingestion. *How to Begin with Decodable and the Delta Lake Connector* Interested application developers may get started with a free Decodable Developer account, which includes the Databricks Delta Lake connection, to create their first Decodable pipeline. Decodable is a real-time data engineering service that helps developers transport data between data stores, analytic databases, and messaging systems. Decodable is a completely managed service with no infrastructure to maintain and no batching to configure or monitor. This lets consumers concentrate on the data and the application rather than the infrastructure. Decodable gives Databricks users get straightforward, dependable data input from any source on any cloud. Decodable's on-the-wire processing employs SQL to alter and optimize data records before they arrive at Databricks, lowering storage and processing costs while boosting data quality in the Medallion Bronze and Silver tiers. Decodable users can quickly design SQL pipelines to conduct basic or compound transformations such as filtering, masking, routing, aggregating, triggering, and more complicated windowing tasks using simple abstractions. Utilizing Decodable to prepare data for Databricks reduces data quantities dramatically, cutting computing and storage costs at the destination.

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