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 29, 2023
Catalyst, the leading platform to drive growth through your customers, announced it has received a strategic investment from Databricks Ventures.
This marks Databricks Ventures’ first investment in customer growth technology, showcasing their belief that customer intelligence data is essential for businesses to generate more revenue.
“Catalyst is at the forefront of evangelizing customer-led growth and has seen firsthand the power and flexibility Databricks’ Lakehouse Platform offers for delivering value with data, analytics and AI,” said Chris Hecht, SVP, Corporate Development and Product Partnerships. “By leveraging Databricks platform for their product, and having a first class integration with the Lakehouse, Catalyst is demonstrating the power of both building on Databricks and unlocking the value of data with our mutual customers, an obvious opportunity for Databricks Ventures that we’re thrilled to support.”
In addition to this investment, Catalyst will also deepen the product integration with Databricks. This will enable Catalyst customers to integrate directly with the data stored in their own Databricks Lakehouse to power the analytics offered by Catalyst. This simplifies the user experience and enables customers to get more value from their existing investments in Catalyst and Databricks.
With Catalyst’s actionable workflows and UI powered by Databricks analytics, businesses will be able to unify customer data into one, comprehensive platform—driving stronger predictability and increasing net dollar retention.
“In this economic environment, customers are the number one asset to protect, expand, and multiply through data-driven automations,” said Edward Chiu, CEO of Catalyst. “By combining Databricks’ advanced analytics with Catalyst’s enterprise integrations and powerful workflows, organizations will now be able to tackle the most critical revenue gap facing businesses today: proactive customer retention and expansion.”
About Catalyst
Catalyst is the leading platform to drive growth through your customers. Trusted by top revenue leaders at global B2B brands, Catalyst guides Sales and Success teams to turn customers into your number one engine for growth.
For more information about Catalyst, visit catalyst.io or follow Catalyst on LinkedIn.
About Databricks Ventures
Databricks Ventures is the strategic investment arm of Databricks, the data and AI company. Databricks Ventures invests in innovative companies that align with our view of the future for data, analytics and AI; and are committed to extending the lakehouse ecosystem or using the lakehouse architecture to create the next generation of data and AI-powered companies.
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BUSINESS INTELLIGENCE, BIG DATA MANAGEMENT, DATA SCIENCE
Prnewswire | June 02, 2023
Couchbase, Inc. (NASDAQ: BASE), the cloud database platform company, today announced a broad range of enhancements to its industry-leading Database-as-a-Service Couchbase Capella™. The newest release of Capella will be accessible by popular developer platform Netlify and features a new Visual Studio Code (VS Code) extension, making it easier for developers and development teams to build modern applications on Capella, streamline their workflows and increase productivity. Coinciding with National Cloud Database Day, Couchbase is also extending its enterprise deployability and introducing new features, allowing customers to move more applications to Capella with a lower TCO.
"The reality is that developers don't want to spend their time operating and integrating separate primitives. Capella's new developer platform integrations aim to address this widespread issue, minimizing the developer experience gap and allowing teams to focus on what they do best — writing code and solving problems," said Rachel Stephens, senior analyst at RedMonk.
Simplifying the Developer Experience With Netlify, VS Code and Capella
Findings from Couchbase's recent developer survey reveal that the majority of developers (94.9%) are currently at or over their work capacity and are on the brink of or already feeling overwhelmed. To reduce this friction and help developers lower their number of operational tasks, Couchbase is extending Capella to more of the developer platform ecosystem that is highly favored by frontend and full stack developers.
The new integration for Capella makes it easy for developers to connect to Netlify for more simplified and agile web application development. In addition, the new VS Code extension is designed to provide a seamless experience for Capella users who want to work within the popular source-code editor. These ecosystem enhancements are now available and reduce friction so that developers can focus on building innovative modern apps.
"Netlify's platform unites an extensive ecosystem of technologies, services and APIs into one workflow to empower developers to build composable web experiences with the tools that best suit their needs. In this way, Netlify meets their users where they are, allowing them to embrace the composable web in a manner that respects their existing businesses, while also balancing flexibility and enterprise-grade reliability. I'm a strong believer that when the ecosystem wins, we all win. That's why we're so excited to deepen our ties with Couchbase to strengthen and diversify the ecosystem of tools developers are using to build the modern web," said Chris Bach, co-founder and chief strategy and creative officer at Netlify.
Broader Enterprise Deployability and New Enterprise Features
Couchbase is also broadening Capella's enterprise features and deployability so customers can move more applications to the cloud database platform. The new Capella enhancements deliver the following benefits:
Support for time series data. A new time series array function in Couchbase's support for JSON will enable a broader set of use cases, such as IoT or finance apps. By using time series arrays, Couchbase is able to utilize all of its data access, processing and storage features including its patented array indexing and high-density storage engine. This approach will enable development teams to quickly and easily extend new features to their applications without adding complexity to their architecture or infrastructure, allowing them to be more agile and productive while driving cost efficiency.
Extending deployability of Capella. Couchbase has added over 10 new supported regions across the three major cloud service providers and larger instance sizes. Capella is also available directly in each of their marketplaces. Capella adds support for memory-only buckets (ephemeral databases) for caching and transient data use cases. Security and compliance capabilities are enhanced through Google Cloud HIPAA compliance and with private endpoints for Azure.
Enhanced management. Managing Capella is even easier now with the introduction of dynamic disk scaling, hibernation of clusters and the enabling of downloadable buckets. Also new is change data capture, which recognizes and automates change history on documents. This is then streamable via Kafka to other applications. These enhancements collectively position Capella as a single, comprehensive cloud database platform that offers broad multimodel support and in-memory performance — a powerful combination that lowers TCO for customers.
"We continue to broaden the Capella capabilities and make it easier for new developers to come on board and take advantage of our industry-leading cloud database platform," said Scott Anderson, SVP of product management and business operations at Couchbase. "Development teams can get started with Capella more quickly and do more with our cloud database platform, improving efficiency and productivity. And for operations teams, Capella becomes even easier to deploy and manage while broadened enterprise capabilities handle more workloads at a fraction of the cost compared to other document-based DBaaS offerings."
The new release of Capella will be generally available in the second quarter. Couchbase will host a webcast on June 7 and 8 to discuss what's new in Capella and how customers can benefit from the latest enhancements. Register here.
About Couchbase
Modern customer experiences need a flexible database platform that can power applications spanning from cloud to edge and everything in between. Couchbase's mission is to simplify how developers and architects develop, deploy and consume modern applications wherever they are. We have reimagined the database with our fast, flexible and affordable cloud database platform Capella, allowing organizations to quickly build applications that deliver premium experiences to their customers – all with best-in-class price performance. More than 30% of the Fortune 100 trust Couchbase to power their modern applications. For more information, visit www.couchbase.com and follow us on Twitter @couchbase.
Couchbase®, the Couchbase logo and the names and marks associated with Couchbase's products are trademarks of Couchbase, Inc. All other trademarks are the property of their respective owners.
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