BUSINESS INTELLIGENCE, BIG DATA MANAGEMENT

BPM Launches Data Analytics Service Aimed at Delivering Clients Actionable Insights

BPM | October 10, 2022 | Read time : 02:50 min

BPM
BPM LLP, one of the 40 largest public accounting and advisory firms in the country, announces the formal launch of its Data Analytics service, headed by Partner Sven P. Jost. The Data Analytics team provides clients with reliable insights, enabling them to make data-driven decisions to propel growth, manage risks and improve overall business performance.

“In our modern world, data is everywhere, and sorting good data from bad is crucial, but often daunting, for investors, boards and C-level executives that might not understand how best to capture and leverage its power. That’s where our Data Analytics team steps in,” said Jost. “Through predictive data analytics and economics, we help clients harness their data, extract actionable insights and answer important questions about their business and its direction. This provides the visibility they need to make critical decisions with confidence. Our team is adept at helping clients address both data questions and economic concerns, and we are excited about the formalization of this service line and its potential to ensure clients the best experience possible.”

BPM’s Data Analytics service creates a scalable, standardized and sustainable data ecosystem, and its trusted solutions provide clients with better strategies to utilize resources more efficiently, thereby reducing costs and taking advantage of new value sources. This process is key to helping companies know and understand more about their customers’ demographic characteristics, behaviors, motivations and aspirations, which can help build customer loyalty, increase retention and improve marketing return on investment.

By developing dynamic economic forecast models, the Data Analytics team assesses the possible impacts of external economic factors facing businesses and their futures. These assessments can be tailored to specific countries, industries or markets, offering clients fully customized evaluations of potential economic disruptors and the impact they may have on operations to help determine the best course of action and identify gaps in the market that the company is well-positioned to fill.

Added Jost, “In our pre-launch and ongoing case studies, we collaborated with various clients – from startups to consumer products, healthcare, private equity firms and real estate – to compile their data and analyze the best step forward for each unique scenario, like attracting lucrative buyers and performing market and location assessments for expansions, as well as testing investment hypotheses. We expect our clients to find great value in our economic forecast and market assessment analyses.”

About BPM
BPM LLP is one of the 40 largest public accounting and advisory firms in the United States. With a global team of more than 900 colleagues, we help clients succeed around the world. Now certified as a B Corporation, BPM offers a cross-functional approach that gives clients direct access to the best and most qualified resources.

Spotlight

Learn basic data and statistical techniques for investment analysis, including presenting the “data story” with best-practice visualizations and report writing. Develop a basic understanding of machine learning techniques and how they are used in the investment process, covering both the technical and “soft skills” required in today’s industry.


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BUSINESS INTELLIGENCE, BIG DATA MANAGEMENT

Veritonic Added to List of Acast’s Preferred Audio Attribution Partners

Veritonic | December 09, 2022

Veritonic, the industry’s comprehensive audio analytics and research platform, announced today that they have been approved as an attribution partner by Acast, the world’s largest independent podcast company. As a result, the more than 2,400 advertisers and 88,000 podcasters that use the Acast platform to distribute their podcast content can elect to utilize Veritonic’s robust attribution capabilities to optimize and further increase the ROI of their audio campaigns. “We are pleased to partner with Acast to support brands, agencies, and publishers with the holistic data and analytics they need to increase their reach and ROI with audio. "The powerful combination of our attribution and brand lift technology provides unparalleled and comprehensive measurement of audio campaigns from top to bottom in one unified and intuitive platform.” Scott Simonelli, chief executive officer of Veritonic "Veritonic shares our commitment to arming brands and agencies with actionable and insightful audio performance data,” said Kevin McCaul, Global Head of Ad Operations at Acast. “Our partnership is an important step for the open ecosystem of podcasting as we continue to work together to provide independent measurement insights to prove the effectiveness and efficiency of podcasting as a marketing channel.” Veritonic’s Attribution solution enables users to glean actionable insights from top-of-the-funnel branding initiatives through bottom-of-the-funnel conversions & transactions. Through an intuitive and interactive dashboard, brands can determine which publisher and specific ads had the highest impact and use that data to optimize ad performance. About Veritonic World-renowned brands, agencies, publishers, and platforms rely on Veritonic’s comprehensive audio research and analytics platform to research, test, and measure the ROI of their audio assets and campaigns pre-market, in-market, and post-campaign. The resulting insight enables clients to gain confidence in their audio investment, mitigate risk through optimization, and increase their return as they engage consumers with compelling audio experiences. About Acast Acast is the world’s largest independent podcast company. Founded in 2014, the company has pioneered the open podcast ecosystem ever since – making podcasts available on any listening platform. Acast provides a marketplace, helping podcasters find the right audience to monetize their content. When our podcasters make money, we make money. Today, Acast hosts nearly 88,000 podcasts, with more than 430 million listens every month.

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BUSINESS INTELLIGENCE, BIG DATA MANAGEMENT

Dynatrace Extends Grail to Power Business Analytics with Speed and Precision

Dynatrace | November 16, 2022

Software intelligence company Dynatrace announced today that it is extending its Grail™ causational data lakehouse to power business analytics. As a result, the Dynatrace® platform can instantly capture business data from first and third-party applications at a massive scale without requiring engineering resources or code changes. It prioritizes business data separately from observability data and stores, processes, and analyzes this data while retaining the context of the complex cloud environments where it originated. Dynatrace designed these enhancements to enable business and IT teams to drive accurate, reliable, cost-effective automation and conduct efficient ad hoc analytics covering a wide range of business processes. Examples include order fulfillment and bill payments, service activation and customer onboarding workflows, and the impact on revenue from new digital services. Today’s announcement builds on capabilities that Dynatrace launched in October 2022, leveraging Grail to power log analytics and management. The company expects to continue to extend Grail to power additional development, security, IT, and business solutions. Organizations depend on digital services to drive revenue, customer satisfaction, and competitive differentiation. To optimize these services and user experiences, business and IT teams increasingly rely on insights from various business data, including application usage, conversion rates, and inventory returns. Yet, traditional business intelligence tools lack the speed, scale, flexibility, and granularity required to deliver insights about services built on complex cloud architectures. In fact, according to a study from Deloitte, two-thirds of organizations are not comfortable accessing or using data from their business intelligence tools. Business analytics in modern cloud environments requires a new approach. “Dynatrace gives us valuable insight into the business impact of our applications’ performance and enables our teams to proactively solve problems, deliver better customer experiences, and drive more value for our organization,” said Stephen Evans, Head of Quality, Monitoring, SRE/DevOps Technology at PVH. “This enhanced capability to access and store all of our business data provides the scalability our business needs. It also frees our teams from the constraints of sifting through data to determine what is valuable and what should be stored. Dynatrace’s unique ability to analyze all this data and deliver precise and contextualized answers in real time enables us to improve our digital landscape.” “To drive digital transformation at scale, organizations need trustworthy and real-time insights from their business data. Existing solutions often rely on stale data, fail to deliver precise answers in IT-context, and require manual maintenance and coding from engineers. “The Grail causational data lakehouse uniquely positions the Dynatrace platform to overcome these hurdles. By elevating the priority of business data to ensure it arrives unsampled and with lossless precision, even from third-party applications where developers are not accessible, business and IT teams using the Dynatrace platform can now easily access valuable business insights on demand. This has the capability to unlock nearly unlimited business analytics use cases, allowing our customers to instantly answer their most challenging questions with accuracy, clarity, and speed.” Bernd Greifeneder, Founder and Chief Technical Officer at Dynatrace About Dynatrace Dynatrace exists to make the world’s software work perfectly. Our unified software intelligence platform combines broad and deep observability and continuous runtime application security with the most advanced AIOps to provide answers and intelligent automation from data at an enormous scale. This enables innovators to modernize and automate cloud operations, deliver software faster and more securely, and ensure flawless digital experiences. That’s why the world’s largest organizations trust the Dynatrace® platform to accelerate digital transformation.

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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

Wiz and BigID Expand Partnership to Extend Visibility and Control for Enterprise Data to Prevent Breaches

BigID | November 30, 2022

BigID, the leading data platform that enables organizations to know their enterprise data and take action for privacy, security, compliance, and governance, today announced an expanded partnership with Wiz, the leading cloud security platform that rapidly enables customers to find and remove critical cloud risks. Wiz and BigID bring together Cloud-Native Application Protection (CNAPP) and Data Security Posture Management (DSPM) to reduce cloud risk and accelerate cloud security strategies. The partnership enables customers to continuously monitor for critical data exposure to help prevent breaches. Customers can take a data-driven approach when automating security controls in the cloud: making it easy to prioritize risk management based on deep data insight, with the granularity customers need to both protect data and enable secure analytics. With this integration, customers can automatically discover their data across their entire data ecosystem, prioritize vulnerable data, and mitigate potential attacks based on recommended best practices and playbooks. Wiz and BigID accelerate visibility and data protection in the cloud: Automatically discover, identify, and classify their most sensitive and vulnerable data Identify which data stores are exposed to the internet or have other cloud risks like misconfigurations, vulnerabilities, and overly permissive identities, and alert on potential exfiltration paths. Improve their security and compliance posture by prioritizing high risk data, continuously assessing and enforcing security and business policies, and blocking the attack path to sensitive data. "BigID's deep data discovery and actionable insights empowers customers to proactively protect and govern their structured and unstructured data across the public cloud, SaaS, and data center. "Our partnership with Wiz gives their CNAAP customers deeper, wider and more granular data visibility and control." Dimitri Sirota, CEO at BigID "Together with our integration and partnership, customers gain visibility and context to solve a broader set of security use cases such as preventing and investigating data breaches, complying with privacy requirements, enabling secure analytics, deleting duplicate and ROT (redundant, obsolete, and trivial) data and more," said Assaf Rappaport, CEO at Wiz. About BigID BigID is a leader in data security, privacy, compliance, and governance: enabling organizations to proactively discover, manage, protect, and get more value from their data in a single platform for data visibility and control. Customers use BigID to reduce their data risk, automate security and privacy controls, achieve compliance, and understand their data across their entire data landscape: including multicloud, hybrid cloud, IaaS, PaaS, SaaS, and on-prem data sources. BigID has been recognized as a leader in data security, compliance, privacy, and governance as CNBC's 2022 top 25 startups for the enterprise, placed #21 on the 2022 Deloitte 500, featured on the Inc 5000 for two years running, and was a 2018 RSA sandbox innovation winner. Learn more at www.bigid.com, and get started for free at www.smallid.com. About Wiz Wiz secures everything organizations build and run in the cloud. Founded in 2020, Wiz is the fastest-growing software company in the world, scaling from $1M to $100M ARR in 18 months. Wiz enables hundreds of organizations worldwide, including 30 percent of the Fortune 100, to rapidly identify and remove critical risks in cloud environments. Its customers include Salesforce, Slack, Mars, BMW, Avery Dennison, Priceline, Cushman & Wakefield, DocuSign, Plaid, and Agoda, among others. Wiz is backed by Sequoia, Index Ventures, Insight Partners, Salesforce, Blackstone, Advent, Greenoaks and Aglaé.

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Spotlight

Learn basic data and statistical techniques for investment analysis, including presenting the “data story” with best-practice visualizations and report writing. Develop a basic understanding of machine learning techniques and how they are used in the investment process, covering both the technical and “soft skills” required in today’s industry.

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