BIG DATA MANAGEMENT
APARAVI | August 04, 2022
APARAVI®, the company behind the award-winning Aparavi Data Intelligence and Automation Platform, today announced a new partnership with Quantum Corporation to accelerate the adoption of automated, intelligent solutions designed to efficiently manage, protect, and gain business value from growing volumes of unstructured data. The companies’ combined solutions leverage the Aparavi Data Intelligence and Automation Platform with Quantum ActiveScale™ Object Storage software and platforms to enable cost-effective curation, protection, and use of unstructured data.
“We are very excited about our partnership with Quantum. “Our partnership is expected to deliver novel data management solutions to provide companies with the ability to truly know and visualize their data to reduce business risks, lower storage costs, and increase business insights and data value.”
Adrian Knapp, CEO and founder of Aparavi
The Aparavi Platform helps companies to know and visualize their data across all their unstructured data platforms to realize the impact of risk and cost, and how to add value in ways they are not capitalizing on today. With data intelligence and automation, users gain insights into their unstructured data landscape and can take immediate action to effectively manage and migrate data to low-cost storage repositories like Quantum ActiveScale object storage, creating opportunities for immediate cost and performance benefits.
The Aparavi platform gives users the ability to identify, classify, optimize and move their unstructured data based on file types and classification policies including CCPA, GDPR, and HIPAA, etc.). Users can take advantage of over 140+ predefined classification policies or can easily build custom policies. The Aparavi Platform also improves storage consolidation by revealing hidden data, valuable data assets, and ROT (redundant, obsolete, or trivial) data.
Quantum ActiveScale active archiving and long-term retention solutions are designed for durability, storage efficiency, and simple management at scale. ActiveScale is a leading object storage platform architected for both active and cold data, expected to provide up to 80 percent lower cost than alternative storage platforms. Designed for secure, always available access, ActiveScale is a valuable solution for private cloud storage deployments.
THE APARAVI PLATFORM + QUANTUM ACTIVESCALE EXPECTED BENEFITS
Unlocking the value of unstructured data on ActiveScale
Intelligent data management to help you know what data you have
Automated data lifecycle management to reduce risk and cost
Seamlessly migrating tape data to ActiveScale
Improved analytics and performance through lifecycle data management
“Ninety percent of data is infrequently or rarely accessed but must be retained for its inherent, long-term value. Quantum is dedicated to data intelligence and automation to help users gain insights about their data and optimize its placement,” says Christine Brennan, director of technology Alliances at Quantum. “With Aparavi, we believe our customers will see cost and performance benefits across the enterprise by migrating inactive data to Quantum ActiveScale.”
APARAVI® is the trusted disrupter in unstructured data management, helping organizations find and unlock the value of data, no matter where it lives. Aparavi is a SaaS platform with a deep intelligence that rapidly discovers, automatically classifies, and optimizes highly distributed data to mitigate risk, reduce costs and exploit data value. Aparavi ensures secure access to modern data demands of analytics, machine learning, and collaboration, connecting business and IT to transform data into a competitive asset. Aparavi is a privately funded company headquartered in Santa Monica, Calif.
Quantum technology, software, and services provide the solutions that today's organizations need to make video and other unstructured data smarter – so their data works for them and not the other way around. With over 40 years of innovation, Quantum's end-to-end platform is uniquely equipped to orchestrate, protect, and enrich data across its lifecycle, providing enhanced intelligence and actionable insights. Leading organizations in cloud services, entertainment, government, research, education, transportation, and enterprise IT trust Quantum to bring their data to life, because data makes life better, safer, and smarter. Quantum is listed on Nasdaq (QMCO) and the Russell 2000® Index.
BIG DATA MANAGEMENT,DATA SCIENCE
Amazon | September 16, 2022
Today at Accelerate, Amazon’s annual seller conference, Amazon announced new features to Manage Your Experiments, a tool that helps sellers optimize content on product detail pages to drive higher rates of conversion, increasing their sales by up to 25%. Amazon also enhanced the Product Opportunity Explorer and Search Analytics Dashboard with new capabilities that help brands analyze marketing campaigns and identify areas to acquire new customers and drive repeat purchases. This new set of industry-leading tools makes it easier for sellers to tap into customer insights and analytics data to launch new products and increase sales.
“We’re focused on supporting sellers as they work to build and grow their business,” said Benjamin Hartman, vice president of Amazon North America Selling Partner Services. “The tools we’re announcing today are a direct result of seller feedback and target every step of their Amazon sales funnel, from new customer acquisition to increased lifetime value. We’re committed to continuing to develop tools and features that deliver actionable insights for sellers.”
“We have been working with Amazon since the beginning, leveraging data to build our business into one of the largest jewelry sellers on Amazon,” said Tal Masica, founder of PAVOI Jewelry. “Thanks to enhancements to the Search Analytics Dashboard and Product Opportunity Explorer, we now have the ability to analyze search trends at a granular level, giving us actionable insights to improve both trend forecasting and design for future collections – so we can continue delivering quality sustainable jewelry that our customers love to wear every day.”
Amazon offers a range of industry-leading tools that empower sellers to optimize their listings, better understand customers, differentiate their brands, and grow their business. The following new tools were announced at Accelerate 2022:
Manage Your Experiments is designed to increase the quality of product detail pages and drive higher conversion. With Manage Your Experiments, brands are able to run A/B tests on their titles, main images, and A+ content to see what performs best. Now, brands can also A/B test bullet points and descriptions, and review machine learning-based recommendations for product images and titles to drive better conversion. Additionally, brands can now opt-in to auto-publish winning experiments to the product detail page, automating their A/B tests. Sellers benefit from traffic from hundreds of millions of Amazon customers, and the new Manage Your Experiments features make it easier to test more content, faster.
Search Analytics Dashboard has expanded since its launch in early 2022 to offer a new insights dashboard that provides sellers with anonymized data to better understand customers’ interests and shopping habits. For the first time, brands can download Search Query and Catalog Performance data and new ASIN-level details. This new capability enables brands to easily assess marketing campaigns to identify areas to drive repeat purchases and acquire new customers—either directly from within Amazon’s tools or by combining Amazon data with the seller’s own business data. The enhanced Search Analytics Dashboard is launching worldwide in September.
Product Opportunity Explorer builds on its successful beta introduction in 2021, continuing to offer rich, accurate data that helps sellers understand, gauge, and evaluate product opportunities in the Amazon store. Sellers can assess the likelihood of a new product gaining traction with customers and forecast sales potential. For the first time, Amazon has now introduced an enhanced Product Opportunity Explorer with a new feature, Customer Reviews Insight. This feature helps sellers work backward from the customer, using customer feedback from product review insights and product star ratings, to help brands determine what features they should build and prioritize as they launch new products or modify existing ones.
Marketplace Product Guidance, initially announced in 2021, has been enhanced to provide Selection Recommendations—products in high demand—for U.S. sellers looking to expand to France, Italy, and Spain. Selection Recommendations give sellers insight as to products not currently offered that fit a seller’s portfolio, surfacing new growth opportunities. The tool takes the guesswork out of which products should be considered in those stores, based on customer demand. These recommendations are personalized and ranked based on their opportunity score as calculated by machine learning models that are designed to predict the best opportunities for new selection.
Every year, Amazon invests billions of dollars to improve the infrastructure, tools, services, fulfillment solutions, and resources dedicated to helping sellers succeed. Sellers are responsible for more than half of Amazon’s physical product sales; sellers in our store employed and provided jobs for more than 1.5 million people in the United States.
Amazon is guided by four principles: customer obsession rather than competitor focus, passion for invention, commitment to operational excellence, and long-term thinking. Amazon strives to be Earth’s Most Customer-Centric Company, Earth’s Best Employer, and Earth’s Safest Place to Work. Customer reviews, 1-Click shopping, personalized recommendations, Prime, Fulfillment by Amazon, AWS, Kindle Direct Publishing, Kindle, Career Choice, Fire tablets, Fire TV, Amazon Echo, Alexa, Just Walk Out technology, Amazon Studios, and The Climate Pledge are some of the things pioneered by Amazon.
InterSystems | August 17, 2022
InterSystems®, a provider of next-generation solutions dedicated to helping customers solve the most critical data challenges, has announced a series of new releases to its award-winning InterSystems IRIS® data platform. The company has also recently announced a string of new customer wins as well as a new partnership as it continues to take data fabrics to the next level. According to Gartner® analysts, “by 2024, data fabric deployments will quadruple efficiency in data utilization, while cutting human-driven data management tasks in half” (Gartner, Top Strategic Technology Trends for 2022: Data Fabric, October 2021).
InterSystems IRIS empowers customers to adopt a microservices-based architecture without the typical issues associated with microservices in data-intensive applications. By adopting a unified data platform, instead of dozens of individual services, InterSystems customers avoid the challenges of building a data fabric from scratch, including integration time and risk, maintenance of the architecture, high costs of maintaining multiple overlapping infrastructure services, and the complexity associated with data duplication.
Recent releases of InterSystems IRIS include new capabilities and enhancements that speed and simplify the creation of smart data fabric architectures, including Embedded Python and IntegratedML, as well as a new facility that lets data analysts and data scientists collaborate easily. Data analysts working on BI can develop measures, dimensions and labels that follow business needs, and are immediately usable by data scientists working on AI. Conversely, ML models created by data scientists are directly available to data analysts for use in dashboards, reports, and applications. This functionality connects AI and BI together under the hood without needing to move the data, thereby streamlining operations and enabling real-time insights for the business.
Further enhancements have also been made to performance and scalability to handle high throughput and high-performance transactional-analytic use cases; and to Adaptive Analytics, which provides self-service capabilities, empowering business users to freely explore the data, ask ad hoc questions, and drill down via additional queries based on initial findings.
When embedded into the data fabric, these analytics capabilities put the ‘smart’ into the next-gen ‘smart data fabric’ architectural approach which InterSystems champions. In doing so, InterSystems allows business users and data scientists alike to benefit from a wide range of built-in analytics capabilities, including data exploration, business intelligence, natural language processing, and machine learning.
Adding to its data catalog, data lineage, and data governance capabilities, InterSystems has announced a partnership with Collibra, a data intelligence platform built for governance, quality, and privacy. The integration between the two platforms allows enterprise customers to take advantage of these extended capabilities on data that resides anywhere in the organization.
Further to this, InterSystems has released enhancements to the InterSystems Kubernetes Operator (IKO) to make scale up and management of data intensive applications in Kubernetes easier.
InterSystems IRIS® and InterSystems IRIS for Health™ are available as managed cloud services, as well as a variety of smart data services in the cloud, including InterSystems FHIR Transformation Services, and InterSystems FHIR Server.
InterSystems is also celebrating a number of new customer wins, including UST and Harris Associates, demonstrating the continued appeal of InterSystems IRIS among key industries, such as financial services and supply chain.
Next week’s Gartner Data and Analytics Summit will see InterSystems take to the stage alongside representatives from Harris Associates to discuss the role of the smart data fabric in delivering real-time data access and prescriptive analytics for financial services.
About the Gartner Data & Analytics Summit
The Gartner Data & Analytics Summit provides insights for data and analytics leaders to enable a data-and-analytics-centric culture within their organizations by tying strategy to business outcomes and promoting the adoption of technologies, such as artificial intelligence (AI), while creating a resilient culture that accelerates change and where data literacy, digital trust, governance and data-driven critical thinking are pervasive.
Established in 1978, InterSystems is the leading provider of technology for critical data initiatives in the healthcare, finance, manufacturing and supply chain sectors, including production applications at most of the top global banks. Its cloud-first data platforms solve interoperability, speed, and scalability problems for large organizations around the globe. InterSystems is committed to excellence through its award-winning, 24×7 support for customers and partners in more than 80 countries. Privately held and headquartered in Cambridge, Massachusetts, InterSystems has 25 offices worldwide.
BUSINESS INTELLIGENCE,BIG DATA MANAGEMENT,DATA SCIENCE
ACA Group | September 26, 2022
ACA Group (ACA), the leading governance, risk, and compliance (GRC) advisor in financial services, today announced that it has acquired Ethos ESG (Ethos), a provider of environmental, social, and governance (ESG) ratings data and software for financial advisors, asset managers, institutions, and investors.
This acquisition marks ACA’s first analytics offering, which will be paired with ACA’s ESG experts to form an integrated tech and advisory offering under the ESG Advisory practice. ACA’s existing ESG Advisory practice supports with a range of programmatic needs for firms that integrate ESG into their business or investment activities. This currently includes advice and implementation support around strategy, policies/procedures, regulations and frameworks, training, and external reporting, among other areas. With Ethos, ACA’s clients will now also be able to easily analyze investments and automate several elements of ESG reporting.
Founded in 2019, Ethos offers an interactive platform that allows for the evaluation of over 350,000 impact ratings including companies, stocks, and funds through a prism of 45 ESG causes such as climate change, racial justice, mental health and more. Providing full transparency into how each impact score is calculated and the ability to upload portfolios and create models, Ethos allows for GRC professionals to understand the ESG characteristics of their investments and make responsible decisions that align with their firm's values and ESG commitments.
Ethos uses a proprietary set of approximately 100 underlying databases to generate its ratings. These databases provide a unique impact view of ratings, as well as provide insight into key metrics where available. The databases are fully transparent, so clients can see which underlying database source for each data point. Ethos also has capabilities developed to quickly scrape the public domain for material publicly available information to include in the ratings. These state-of-the-art capabilities allow Ethos to quickly add company coverage to help clients achieve full coverage of their investment portfolio.
Ethos has invested in innovation through the recent launch of its Impact Calculator, an embeddable widget that takes a dollar amount and immediately calculates the real-world equivalent impact of investing that amount in a specific fund or other product, compared to a benchmark.
Additionally, Ethos recently introduced its Carbon Neutral Certification program for mutual funds and ETFs, developed in conjunction with Change Finance. Through the certification, Ethos performs an independent analysis of a funds carbon footprint (covering Scope 1 and Scope 2 emission) and carbon credits (offsets) to verify whether the fund is carbon neutral during a specified period.
“This is an exciting step in helping to grow our presence in the ESG space and is ACA Group’s first foray into analytics as a service,” said Shvetank Shah, CEO of ACA Group. “We are invigorated to be building out and launching our data capabilities, starting with Ethos ESG. Combining data with our scalable solutions will continue to empower our clients to reimagine GRC and protect and grow their business.”
“We are thrilled to partner with ACA Group, as their brand and reach in the GRC space is well-known. “Not only is taking into consideration the ESG impact of your decisions right on its merits, but greater transparency into ESG issues helps firms mitigate risk and make informed choices while growing sustainably.”
Luke Wilcox, Founder and CEO of Ethos ESG
“This pairing will help us to leverage data in a new way to help firms of all sizes develop and monitor their ESG programs to mitigate risk, make informed choices, combat greenwashing, and grow profitably and sustainably in the process. Access to high-quality, transparent ESG data is an essential part of any ESG endeavor, and our partnership with Ethos will allow us to build and protect our clients’ ESG strategies in ways few others can,” said Dan Mistler, Head of ESG Advisory at ACA Group.
About ACA Group
ACA Group (ACA) is the leading governance, risk, and compliance (GRC) advisor in financial services. We empower our clients to reimagine GRC and protect and grow their business. Our innovative approach integrates advisory, managed services, distribution solutions, and analytics with our ComplianceAlpha® technology platform with the specialized expertise of former regulators and practitioners and our deep understanding of the global regulatory landscape.
About Ethos ESG
Founded in 2019, Ethos ESG provides data and analytics for financial advisors, asset managers, institutions, and investors. With over 350,000 impact ratings of stocks and funds across 45 causes, Ethos ESG helps firms offer robust impact reporting, monitor and address sustainability risks, and enhance quantitative research and modelling with transparent ESG data.