BIG DATA MANAGEMENT

Alation Acquires Artificial Intelligence Vendor Lyngo Analytics

Alation | October 18, 2021

Alation Inc., the leader in enterprise data intelligence solutions, today announced the acquisition of Lyngo Analytics, a Los Altos, Calif.-based data insights company. The acquisition will elevate the business user experience within the data catalog, scale data intelligence, and help organizations drive data culture. Lyngo Analytics CEO and co-founder Jennifer Wu and CTO and co-founder Joachim Rahmfeld will join the company.

Lyngo Analytics uses a natural language interface to empower users to discover data and insights by asking questions using simple, familiar business terms. Alation offers the most intelligent and user-friendly machine-learning data catalog on the market. And by integrating Lyngo Analytics’ artificial intelligence (AI) and machine-learning (ML) technology into its platform, Alation deepens its support for the non-technical user, converting natural language questions into SQL.

The integration lowers the barrier to entry for business users. Now, they can acquire and develop data-driven insights from across an enterprise's broad range of data sources. This means even data consumers without SQL expertise can ask questions in natural language and find data and insights without the support of data analysts. The acquisition will help organizations drive data culture by putting data and analytics into the hands of the masses.

Wu will join Alation as Senior Director of Product Management, where she will be responsible for product strategy and delivery for natural language data search, discovery, and exploration experiences. Rahmfeld, who is also a part-time, graduate-level deep learning and natural language processing lecturer at UC Berkeley’s Master of Information and Data Science Program, will be Senior Director of AI/ML Research. He will be responsible for Alation’s AI and machine learning center of excellence, building both platform and application experiences that leverage AI and ML to enhance Alation’s value for business and technical users.

“Alation created the first machine learning data catalog and we’re known for providing the most user-friendly interface on the market. With this acquisition, we’re building on the best. We’re doubling down on key aspects of the platform that will help drive data culture and spur innovation and growth. Jennifer and Joachim developed a unique solution for a complex data and analytics issue, and I’m excited to welcome them to the Alation team.”

Raj Gossain, Chief Product Officer, Alation

The acquisition is the latest milestone for Alation, which announced a $110 million Series D funding round and a $1.2 billion market valuation in June 2021. Alation is growing quickly, earning the trust of nearly 300 customers, including leading global brands such as Cisco, Exelon, GE Aviation, Munich Re, NASDAQ, and Pfizer. The company has more than 450 employees globally and is hiring. Recently, Alation was named a leader in The Forrester Wave™: Data Governance Solutions, Q3 2021 report and Snowflake’s Data Governance Partner of the Year.

About Alation
Alation is the leader in enterprise data intelligence solutions including data search & discovery, data governance, data stewardship, analytics, and digital transformation. Alation’s initial offering dominates the data catalog market. Thanks to its powerful Behavioral Analysis Engine, inbuilt collaboration capabilities, and open interfaces, Alation combines machine learning with human insight to successfully tackle even the most demanding challenges in data and metadata management. Nearly 300 enterprises drive data culture, improve decision making, and realize business outcomes with Alation including AbbVie, American Family Insurance, Cisco, Exelon, Fifth Third Bank, Finnair, Munich Re, NASDAQ, New Balance, Parexel, Pfizer, US Foods and Vistaprint. Headquartered in Silicon Valley, Alation was named to Inc. Magazine’s Best Workplaces list and is backed by leading venture capitalists including Blackstone, Costanoa, Data Collective, Dell Technologies, Icon, ISAI Cap, Riverwood, Salesforce, Sanabil, Sapphire, and Snowflake Ventures.

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In January 2022 an independent research firm surveyed 1,000 unbiased IT leaders about the impact that ransomware had on their environments, as well as what their IT strategies and data protection initiatives are moving forward. This is the first broad, ransomware-related market study conducted on Veeam’s behalf. Respondents came


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BUSINESS INTELLIGENCE, BIG DATA MANAGEMENT

NFTGo.io Announced Brand Upgrade to Redefine the NFT User Journey

NFTGo.io | November 08, 2022

NFTGo.io, the leading NFT data analytics and trading aggregation platform, has announced a major brand upgrade. A new front end look has been unveiled to align with its mission of empowering NFT users via a seamless interactive experience. NFTGo aims to guide users at every phase of their journey from discovery, analytics and trade to portfolio management. It is now primely positioned as the only independent NFT data analytics and trading aggregator platform after the other major aggregators, Gem and Genie, have been acquired by OpenSea and Uniswap respectively. Unlike a conventional marketplace like OpenSea, buying NFTs through a trading aggregator is akin to purchasing flight tickets via booking.com. The user gets the best offer across all NFT marketplaces and saves up to 70% of the gas fee. The NFT Data Guru In addition to its best-in-class trading aggregation services, NFTGo.io has been a professional data analytics platform since 2021. Along the way, it has helped over 1 million global users research NFT collections, track whale behaviors, filter out wash trading, discover top mints, and make smarter decisions through the suite of data metrics. NFTGo's data API is currently serving over 500 organizations including major marketplaces such as X2Y2 and Looksrare to support their product development. NFTGo.io has also been actively engaged with renowned universities worldwide to provide data for their research purposes, including Tecnológico de Monterrey, as well as blockchain communities at Oregon State University and Cambridge University. "Our marketplace serves hundreds of thousands of users per month and delivering the best service is the key," said TP, founder and CEO of X2Y2. "We are very selective with our partners to provide the most reliable and accurate data in the market. NFTGo.io is our go-to partner for data integration as they are renowned for their rich and advanced NFT metrics." Redefining the New User Journey Lowes, Founder and CEO of NFTGo.io, said: "The current NFT user experience is fragmented. Information is dispersed and users are jumping between different platforms. They may be sourcing for trending NFT topics and new collections on social media, switch over to an Analytics platform to conduct research with analytical tools, and eventually trade on a separate marketplace. There is no platform in the market that provides a holistic and seamless experience to users, allowing them to discover, analyze, trade, track their holdings and portfolio profit and losses in one place. Our brand upgrade is more than a website redesign, but a showcase of how NFTGo.io is redefining the NFT experience through user-centric design, to help them make better decisions." NFTGo.io also has a resourceful ecosystem of investors to support its growth. "We are proud to invest in NFTGo.io as their team aims to be the future gateway of the NFT ecosystem," said Wyatt Lonergan, Principal at Circle Ventures. "The NFTGo.io team are showing their ambitions for changing the current NFT landscape and improving the user experience with their new product features." Lowes also revealed NFTGo's upcoming plan to value-add to its community: "Community is always our priority. We will be inviting our users to the new homepage beta test around mid November and launching a loyalty program to reward our supporters. Details about the program can be expected soon." To date, NFTGo has launched over 20 innovative and handy NFT features including Watchlist, Top Mints, and Top Collections to capture evolving NFT trends driven by a strong community. NFTGo has also brought about a novel Rarity Model, helping users to better gauge the rarity, and thus, the potential value of the individual NFTs. During this upgrade, NFTGo will be launching a Twitter extension to allow users to access and analyze NFT Project's performance directly on Twitter, providing a frictionless transition from web2 to web3. About NFTGo.io NFTGo.io is a leading NFT aggregation platform that enables its community to analyze NFT market data and transact all in one place. NFTGo offers a wide range of powerful tools and features including NFT market analytics, real-time listings, rarity, whale tracking, watchlist, drops calendar, and trading aggregator. It empowers its users to discover, trade, and manage NFT assets, serving 500+ institutional customers, 1,000+ communities, and 1M+ retail users worldwide.

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DATA VISUALIZATION

Opaque Systems, Pioneer in Confidential Computing, Unveils the First Multi-Party Confidential AI and Analytics Platform

Opaque Systems | December 08, 2022

Opaque Systems, the pioneers of secure multi-party analytics and AI for Confidential Computing, today announced the latest advancements in Confidential AI and Analytics with the unveiling of its platform. The Opaque platform, built to unlock use cases in Confidential Computing, is created by the inventors of the popular MC2 open source project which was conceived in the RISELab at UC Berkeley. The Opaque Platform uniquely enables data scientists within and across organizations to securely share data and perform collaborative analytics directly on encrypted data protected by Trusted Execution Environments (TEEs). The platform further accelerates Confidential Computing use cases by enabling data scientists to leverage their existing SQL and Python skills to run analytics and machine learning while working with confidential data, overcoming the data analytics challenges inherent in TEEs due to their strict protection of how data is accessed and used. The Opaque platform advancements come on the heels of Opaque announcing its $22M Series A funding, Confidential Computing – projected to be a $54B market by 2026 by the Everest Group – provides a solution using TEEs or 'enclaves' that encrypt data during computation, isolating it from access, exposure and threats. However, TEEs have historically been challenging for data scientists due to the restricted access to data, lack of tools that enable data sharing and collaborative analytics, and the highly specialized skills needed to work with data encrypted in TEEs. The Opaque Platform overcomes these challenges by providing the first multi-party confidential analytics and AI solution that makes it possible to run frictionless analytics on encrypted data within TEEs, enable secure data sharing, and for the first time, enable multiple parties to perform collaborative analytics while ensuring each party only has access to the data they own. "Traditional approaches for protecting data and managing data privacy leave data exposed and at risk when being processed by applications, analytics, and machine learning (ML) models, The Opaque Confidential AI and Analytics Platform solves this challenge by enabling data scientists and analysts to perform scalable, secure analytics and machine learning directly on encrypted data within enclaves to unlock Confidential Computing use cases." -Rishabh Poddar, Co-founder & CEO, Opaque Systems. Strict privacy regulations result in sensitive data being difficult to access and analyze, said a Data Science Leader at a top US bank. New multi-party secure analytics and computational capabilities and Privacy Enhancing Technology from Opaque Systems will significantly improve the accuracy of AI/ML/NLP models and speed insights. The Opaque Confidential AI and Analytics Platform is designed to specifically ensure that both code and data within enclaves are inaccessible to other users or processes that are collocated on the system. Organizations can encrypt their confidential data on-premises, accelerate the transition of sensitive workloads to enclaves in Confidential Computing Clouds, and analyze encrypted data while ensuring it is never unencrypted during the lifecycle of the computation. Key capabilities and advancements include: Secure, Multi-Party Collaborative Analytics – Multiple data owners can pool their encrypted data together in the cloud, and jointly analyze the collective data without compromising confidentiality. Policy enforcement capabilities ensure the data owned by each party is never exposed to other data owners. Secure Data Sharing and Data Privacy – Teams across departments and across organizations can securely share data protected in TEEs while adhering to regulatory and compliance policies. Use cases requiring confidential data sharing include financial crime, drug research, ad targeting monetization and more. Data Protection Throughout the Lifecycle – Protects all sensitive data, including PII and SHI data, using advanced encryption and secure hardware enclave technology, throughout the lifecycle of computation—from data upload, to analytics and insights. Multi-tiered Security, Policy Enforcement, and Governance – Leverages multiple layers of security, including Intel® Software Guard Extensions, secure enclaves, advanced cryptography and policy enforcement to provide defense in depth, ensuring code integrity, data, and side-channel attack protection. Scalability and Orchestration of Enclave Clusters – Provides distributed confidential data processing across managed TEE clusters and automates orchestration of clusters overcoming performance and scaling challenges and supports secure inter-enclave communication. Confidential Computing is supported by all major cloud vendors including Microsoft Azure, Google Cloud and Amazon Web Services and major chip manufacturers including Intel and AMD. About Opaque Systems: Commercializing the open source MC2 technology invented at UC Berkeley by its founders, Opaque System provides the first collaborative analytics and AI platform for Confidential Computing. Opaque uniquely enables data to be securely shared and analyzed by multiple parties while maintaining complete confidentiality and protecting data end-to-end. The Opaque Platform leverages a novel combination of two key technologies layered on top of state-of-the-art cloud security—secure hardware enclaves and cryptographic fortification. This combination ensures that the overall computation is secure, fast, and scalable. The MC2 technology and Opaque innovation has already been adopted by several organizations, such as Ant Group, IBM, Scotiabank, and Ericsson.

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BUSINESS INTELLIGENCE, BIG DATA MANAGEMENT

Alation Brings Trusted Data to Spreadsheet Users with Alation Connected Sheets

Alation | November 29, 2022

Alation Inc., the leader in enterprise data intelligence, today announced the launch of Alation Connected Sheets, a new product stemming from the company’s acquisition of Kloud.io. Alation Connected Sheets enables business users to pull trusted, governed, and up-to-date data from data sources into spreadsheets, including Google Sheets and Microsoft Excel1, via Alation Data Catalog. Spreadsheets are foundational for business decision-making across every industry. According to IDC2, there are 78 million advanced spreadsheet users worldwide. While both static in nature and disconnected from data sources, spreadsheets remain the preferred tool for business users; however, 90% contain errors. Data within spreadsheets is often copied-and-pasted from one spreadsheet to another or downloaded into CSV files via untraceable data sources. Without the proper management and effective data governance of spreadsheets, organizations suffer from significant productivity losses and expose themselves to increased risk because critical business decisions are based on inaccurate and ungoverned data. Alation Connected Sheets solves this problem by meeting business users where they are: spreadsheets, including Google Sheets and Microsoft Excel. Now, business users across the enterprise can easily find, understand, and use trusted data from spreadsheets with confidence. Alation Connected Sheets increases business user productivity by enabling them to find, filter, import, and refresh data without having to learn a new tool or querying language. Alation Connected Sheets is available immediately as an add-on in Google Sheets, and for Microsoft Excel in early 2023. Key benefits of Alation Connected Sheets: Brings trust and governance to spreadsheets: By integrating with Alation Data Catalog, unique governance features such as TrustFlags signal if data is endorsed, warned, or deprecated, helping users pull in the best and most appropriate data, directly from the source. Effortless setup, use, and maintenance: With a simple user interface and easy-to-use filters, data can be imported and automatically refreshed without relying on technical resources like data engineers or analysts. Risk mitigation: By leveraging existing security credentials, only authorized users can pull in and use live, compliant, and trustworthy data in a spreadsheet. “As it stands, business spreadsheets are often created using copy/paste functions or downloading static data that doesn’t sync with source data,” said David Menninger, SVP & Research Director, Ventana Research. “It's one of the most pervasive data governance challenges organizations face that significantly deteriorates productivity at scale. Without a traceable data lineage, multiple iterations of the same project are created using different formulas, data sources, and deprecated or low-quality data. Alation Connected Sheets helps solve this problem. Now, spreadsheet users can quickly retrieve governed data from a single source with confidence in the data they’re using – all natively within the spreadsheet.” “Harnessing the power of an organization’s data to drive fast, accurate business decisions is challenging for any employee,” said Raj Gossain, Chief Product Officer, Alation. “Business users routinely rely on the simplicity, power, and ubiquity of spreadsheets to do their jobs. But the data that powers spreadsheets is typically copied from other sheets or downloaded into CSV files, creating real risk for every business. Alation Connected Sheets combines the power of trusted, governed data with the ease of use of the spreadsheet. Now spreadsheets can be a trusted enterprise data asset instead of an invisible liability, empowering every business user with the best data the enterprise has to offer.” “Alation Connected Sheets will allow us to work natively in a familiar spreadsheet environment while connecting to the catalog and enabling spreadsheet governance. “Now, we can manage the countless spreadsheets we rely on to make critical business decisions, govern our spreadsheets, and limit regulatory compliance risk of exposing private information. Alation Connected Sheets will make our advanced spreadsheet users more productive because they can self-serve trusted data without being blocked by limited data engineering resources. Data teams will now be able to focus on complex analyses that drive the business forward; time otherwise spent pulling and verifying fresh data or tracing lineage.” Sara Cook, Director of Data Science and CMC Statistics, Novavax As the result of Alation’s second acquisition, Kloud.io CEO and co-founder Krishna Bhat and CTO and co-founder Sathish Raju have joined the company. “We created this technology to make it easy for anyone in an enterprise to pull data from other sources into a spreadsheet, without needing the deep technical understanding of underlying databases or data lakes,” said Krishna Bhat, Senior Director of Product Management, Alation. “Alation Connected Sheets is the result of a synergy between the technology that connects spreadsheets to source applications and Alation’s market-leading data intelligence platform,” said Sathish Raju, Senior Director of Engineering, Alation. About Alation Alation is the leader in enterprise data intelligence solutions, including data search & discovery, data governance, data stewardship, analytics, and digital transformation. Alation’s initial offering dominates the data catalog market. Thanks to its powerful Behavioral Analysis Engine, inbuilt collaboration capabilities, and open interfaces, Alation combines machine learning with human insight to successfully tackle even the most demanding challenges in data and metadata management. Nearly 450 enterprises drive data culture, improve decision-making, and realize business outcomes with Alation, including AbbVie, Allianz Global Investors, American Family Insurance, Autozone, Cisco, Draft Kings, Exelon, Fifth Third Bank, Finnair, General Mills, Munich Re, NASDAQ, Parexel, Pfizer, Salesforce, Virgin Australia, and Vistaprint. Headquartered in Silicon Valley, Alation has been named to Inc. Magazine’s Best Workplaces list three times, is a 2022 UK’s Best Workplaces™ for Women, and recognized as a 2022 UK’s Best Workplaces™ in Tech. The company is backed by leading venture capitalists, including Blackstone, Costanoa, Databricks Ventures, Data Collective, Dell Technologies Capital, Hewlett Packard Enterprise, Icon, ISAI Cap, Riverwood Capital, Salesforce Ventures, Sanabil Investments, Sapphire, Snowflake Ventures, Thoma Bravo, and Union Grove.

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BUSINESS INTELLIGENCE, BIG DATA MANAGEMENT, BUSINESS STRATEGY

AllCloud Launches Matillion One Click Solution to Accelerate Cloud Data Analytics

AllCloud | November 14, 2022

AllCloud, a global cloud services company AWS Premier Partner and Snowflake Premier Partner, announces the launch of the Matillion One Click solution, its latest Solutions Factory offering. AllCloud’s Matillion One Click solution is an IP-led solution that accelerates customers’ journey to the cloud for data analytics by helping them acquire data faster and at scale, reducing the amount of time it takes to fully productionize their Matillion instances by 75%. AllCloud is a Platinum Matillion Partner. Matillion helps a company turn its raw data into timely and meaningful information. Its ETL tool integrates with an extensive list of pre-built data source connectors, loads the data into a cloud environment, and performs the transformations necessary in order to make data consumable by analytics tools such as Sigma, Tableau, Power BI, and more. One of the challenges with ETL tools is that line-of-business leaders don’t understand the complexity of acquiring data, bringing it into a data warehouse and making it accessible. It’s an onerous process that can take a company months to achieve. With AllCloud’s Matillion One Click solution, companies can accomplish this goal in a matter of weeks, showing value to the business faster. AllCloud’s Matillion One Click solution complements Matillion’s ETL by adding six (6) critical components needed to fully productize their Matillion instance. Clients are now able to: rapidly setup and configure the initial deployment and configuration; automate the setup and maintenance of data pipelines and quality checks; automate testing of changes and promotions; monitor job, server, costs and performance; increase team productivity through CICD and Git integration; and manage upgrades and disaster recovery. “AllCloud is focused on accelerating our customers’ journey to the cloud, whether that journey involves AWS, Salesforce or data analytics. “AllCloud’s Matillion One Click solution greatly enhances our ability to provide clients with data that is business-ready so they may realize increased revenues, find new revenue streams, improve margins and create a competitive advantage in the marketplace.” Dave Taddei, SVP, Data and Analytics Practice, North America, at AllCloud The AllCloud Matillion One Click solution is part of AllCloud’s Solution Factory. The AllCloud Solutions Factory supports every stage of a company’s cloud journey, from migration and modernization to security, compliance and DevOps, while optimizing cost and governance. About AllCloud AllCloud is a global professional and managed services company providing organizations with the tools for cloud enablement and transformation. Through a unique combination of expertise and agility, AllCloud accelerates cloud innovation and helps organizations fully unlock the value received from the cloud. As an AWS Premier Consulting Partner, a Salesforce Platinum Partner and Snowflake Premier Partner, AllCloud helps clients connect their front office and back office by building a new operating model that allows them to harness the benefits of cloud technology and data analytics. With the incorporation of our IP-based solutions into customer’s roadmaps, AllCloud also enables an increased productivity engine for clients and allows them to achieve operational excellence on the cloud, with a secure environment, at every milestone of their journey to becoming cloud first.

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Spotlight

In January 2022 an independent research firm surveyed 1,000 unbiased IT leaders about the impact that ransomware had on their environments, as well as what their IT strategies and data protection initiatives are moving forward. This is the first broad, ransomware-related market study conducted on Veeam’s behalf. Respondents came

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