BUSINESS STRATEGY

HCL Technologies Adopts Intelligent Data Migration Platform from Syniti

HCL Technologies | May 10, 2022

HCL Technologies
HCL Technologies (HCL), a leading global technology company with a strong legacy of SAP innovation, today announced a strategic partnership with Syniti. This collaboration with Syniti, a global leader in enterprise data management that combines AI-driven software and data expertise, will help develop industry-specific data solutions and deliver higher quality SAP S/4HANA transformations.

HCL Technologies will adopt the Syniti Knowledge Platform (SKP) as its strategic data migration platform to provide customers with improved data management strategy and higher quality data. SKP will also help deliver a complete data quality assessment and migration service across working and staging environments, ensuring quality data is securely and efficiently migrated from legacy systems to new SAP solutions.

The collaboration between HCL Technologies and Syniti will drive higher-value SAP implementations for customers by providing the robust data solutions needed to steer modern, intelligent processes that leverage AI (artificial intelligence) and ML (machine learning). This partnership will also develop industry-specific S/4HANA accelerators and templates.

“We are pleased to announce this partnership to position SKP as our strategic data migration toolset and data partner as part of our overall SAP transformation delivery platform. Data migration success, data quality and its impact on the S/4HANA solutions that we deliver are important factors in the overall quality of the business transformation and are critical for our customers.”

Shawn Brodersen, Global Head, SAP Practice, HCL Technologies

“We are excited to partner with HCL Technologies, a global leader in SAP and technology-led transformations,” said Kevin Campbell, CEO, Syniti. “Our alliance with HCL Technologies combines our best-in-class software platform with HCL’s industry expertise in aerospace and defense, utilities, consumer packaged goods, manufacturing and life sciences. Together, we will help global enterprises to accelerate their transformations and unlock the benefits of becoming flexible, dynamic enterprises. We look forward to building on our mutual client wins for a collaborative future.”

HCL Technologies is a Global SAP Strategic Services Partner with over 25 years’ experience leading complex transformation programs. HCL’s strong legacy of SAP innovation, 10,000+ consultants, leading Digital and Analytics, and Engineering and IoT Works™ practice enable HCL to lead digital transformation across the complete portfolio of new SAP digital technologies.

Spotlight

Government organizations must satisfy everincreasing demands for efficiency, service quality, and transparency—all while keeping costs as low as possible. OpenText™ Big Data Analytics helps public entities make the most of their data to uncover hidden trends, gain insight into causes, and predict potential public emergencies so less money is spent “putting out fires.


Other News
BUSINESS STRATEGY

Vertica Announces Vertica 12 for Future-Proof Analytics

Vertica | June 08, 2022

Vertica, a Micro Focus line of business, today announced the release of version 12 of the Vertica analytical database. Vertica 12 includes new major features and enhancements for analytics and machine learning across multi-cloud, hybrid on-premises and cloud, and multi-regional deployments. The announcement was made during Vertica Unify 2022, the organization's annual user conference, where attendees learned that Vertica 12 users can now choose from the broadest range of deployment options on the market, with improved automation capabilities as well, to future-proof analytics against constantly changing technology requirements. "While many companies are being forced to choose their analytics deployment strategy, to commit to one thing –public cloud, on-premises, or hybrid –no one knows exactly what the future may hold. "With Vertica 12, we have developed a completely flexible platform that is seamlessly hybrid. It is as capable of deploying in a SaaS model as it is on-premises. The continuous advancement of our analytical capabilities means that no matter what your future data strategies may hold, Vertica brings powerful analytics to your data." Scott Richards, Senior Vice President and General Manager, Vertica at Micro Focus In addition to supporting more on-premises object stores, Vertica 12 expands its Kubernetes support beyond AWS S3 to Google Cloud Storage (GCS), Azure Blob Storage and Hadoop Distributed Filesystem Storage (HDFS), making it fully cloud-native in any environment. Vertica's cloud-optimized architecture also has been enhanced with intelligent subclustering to better manage variable workloads and data sharing, helping to assign costs to owners in a logical way. On the integration front, Vertica 12 increases the interaction with the data analytics ecosystem. Customers will benefit because key proprietary and open-source technologies work seamlessly, including a new version of VerticaPy, the Vertica Python and Jupyter Notebook interface, as well as an enhanced Spark connector and broadened PMML support. About Vertica The core analytical database within the Micro Focus software portfolio, Vertica is the Unified Analytics Platform, based on a massively scalable architecture with the broadest set of analytical functions spanning event and time series, pattern matching, geospatial, and end-to-end in-database machine learning. Vertica enables many customers – from Agoda to Philips to many others – to easily apply these powerful functions to the largest and most demanding analytical workloads, arming businesses and their customers with predictive business insights faster than any analytical database or data warehouse in the market.

Read More

BIG DATA MANAGEMENT

Nordisk Film Adopts Qlik Cloud Analytics for Operational Efficiencies and Reduced Costs

Qlik | August 10, 2022

Qlik® today announced Nordisk Film, the Nordic region's leading creator and distributor of films, has adopted Qlik Cloud® Analytics to realize operational efficiencies, reduce costs associated with data preparation and analysis, and ultimately expand data-decision making throughout the organization. Nordisk Film is known as an industry innovator at the forefront of adopting modern technology and solutions that foster new, improved ways of working. Over the last five years, Nordisk Film has been on a journey to deploy strategies that meet modern consumer demands while leveraging fact-based decisions. Nordisk Film’s prior business intelligence systems required significant maintenance, service, and dedicated storage space and memory. This made the system difficult for users to work with and limited Nordisk’s ability to scale the use of data for decisions. Nordisk Film was also looking to increase collaboration and streamline its different computer systems and data warehouses into a single cloud platform. Nordisk Film chose to move to Qlik Cloud for importing, clearing and analyzing data in order to make more informed business decisions while leveraging Qlik Sense® SaaS. “Previously we spent a lot of time with maintenance and making sure our internal systems worked. “We migrated our old local platform to a Qlik environment, saving us time and allowing us to take advantage of the latest technical developments and improve our data structure for a more mature approach to analytics.” Mikkel Hecht Hansen, Head of BI at Nordisk Film For Nordisk Film, it is important to have a cost-effective and scalable platform, while also being able to leverage modern analytics capabilities such as augmented analytics and mobile access. “Qlik has given us a completely different dimension of new knowledge and opportunities through, among other things, Insight Advisor. Along with an easy and simple security login through Azure AD, Qlik gives us many insights and data-driven facts that help us make better decisions,” said Hansen. Insight Advisor is the AI assistant built into Qlik Sense that generates advanced analytics and insights using natural language interaction for Nordisk analytics users. Another key innovation in Qlik’s platform that is bringing value to Nordisk is Collaborative Notes, which allows employees to comment or write longer reports directly in the analytics environment. And Qlik being easy-to-learn and applicable to many different business areas has helped Nordisk Film expand analytics adoption across the business. “Nordisk Film is a great example of an incredible brand that is leveraging Qlik Cloud to accelerate its transformation into a data-driven business,” said Francisco Mateo-Sidron, Senior Vice President EMEA for Qlik. “We look forward to helping Nordisk continue to expand its ability to leverage cloud analytics for impact throughout the entire organization.” About Nordisk Film Nordisk Film is a leading Nordic entertainment and experience company focused on storytelling across platforms. We produce, market and distribute film and series, operate a leading Nordic cinema chain, is behind global game studios and PlayStation in the Nordics, and delivers digital gift card solutions to the world. Nordisk Film is a part of the leading Nordic media group Egmont, together with Story House Egmont, TV 2 in Norway, Lindhardt og Ringhof og Cappelen Damm. Egmont is a foundation, and all profits are used to develop media and to help children and young people and support film talents. We bring stories to life. About Qlik Qlik’s vision is a data-literate world, where everyone can use data and analytics to improve decision-making and solve their most challenging problems. A private company, Qlik offers real-time data integration and analytics solutions, powered by Qlik Cloud®, to close the gaps between data, insights and action. By transforming data into Active Intelligence, businesses can drive better decisions, improve revenue and profitability, and optimize customer relationships. Qlik serves more than 38,000 active customers in over 100 countries.

Read More

BIG DATA MANAGEMENT

Eccovia Launches ClientInsight, an AI-Powered Data Warehouse to Improve Social Service Delivery

Eccovia | July 26, 2022

Eccovia, a leading provider of cloud-based SaaS solutions for the health and human services sector, announces the release of an unprecedented data warehouse and community-analytics platform, ClientInsight. ClientInsight is hosted in Microsoft Azure and is a premier solution for data quality, performance, and actionable insights. Since the COVID-19 pandemic began, our nation’s most vulnerable populations have faced adverse outcomes to their social determinants of health. In addition to a new pathogen in the public, domestic violence increased, as did homelessness. Data availability became a national topic of conversation as COVID-19 case counts rose, and there was never a greater need for increased access to timely data in the realm of social services. We now know the result of data that is incomplete, siloed, or “stale.” Data has to be available when needed, and the inequities in data availability were highlighted by the pandemic, as were the needs to address systemic issues in care coordination. With the launch of ClientInsight, social-services dashboards and data from across communities can integrate into a single source of truth, leading to a more holistic approach to addressing the needs of vulnerable populations, true coordinated entry, and effective care coordination. ”ClientInsight is really the first-ever platform that will be able to help tie organizational data, collected every single day, to outcomes and progress that providers hope and expect to see. This is a true gamechanger that will allow community providers to set and meet more ambitious goals in their respective fights to end society’s most pressing issues.” CEO, Carl Champagne Data-privacy laws require secure access points to client data, yet networks that serve multiple populations must be able to share this data between organizations for care coordination. ClientInsight closes the gap between data privacy and care coordination, allowing providers to serve their clients' needs with a more knowledgeable, integrated level of care. About Eccovia Eccovia provides industry-leading software platforms for case management and community care coordination for state agencies, community-based providers, and other human-service entities. The platforms help caseworkers and care providers collaborate across physical, behavioral, economic, and social determining factors that impact individual and community health outcomes.

Read More

BIG DATA MANAGEMENT

Dynamo Software Enhances Data Automation for Private Investment Industry by Acquiring Smonik Systems

Dynamo Software | August 02, 2022

Dynamo Software, Inc., a market-leading provider of end-to-end cloud software solutions for the alternative investment management industry, announced today its acquisition of Smonik Systems, a leader in data management. Smonik provides cutting-edge software that closes the gap for Limited Partners (LPs) to process both structured and unstructured data. Dynamo will enhance its world-class platform with Smonik’s automated products for data collection, extraction, validation, and reconciliation. “As the financial markets undergo further stress, Dynamo has calibrated its business to provide robust, best-in-class software for alternative asset managers and institutional investors. “At Dynamo, we have built our stack to do the heavy lifting – removing several repetitive and manual processes with configurable dashboards, workflows, and reports. Augmenting our business with Smonik’s proprietary data management and reconciliation software will further fuel our mission of being the leading global, end-to-end software platform for the alternative investments ecosystem. We are excited to welcome their impressive team to the Dynamo family.” Dynamo’s CEO Hank Boughner The Smonik acquisition, combined with the Dynamo Data Automation (DDA) software, underscores Dynamo’s steadfast commitment to focus on removing labor-intensive processes, especially those around data extraction and validation. Endowments, foundations, pensions, family offices, and funds of funds (FOF), will benefit from Smonik’s ability to reduce or completely eliminate manual data entry and processing. For example, with Smonik’s software, LPs can automate the collection and extraction of data for all investment types – including alternatives – while also adopting a data-agnostic approach to reconcile any two data sets. “Ultimately, the combined power of Dynamo and Smonik is unprecedented,” said Sethu Bijumalla, CEO and Co-Founder of Smonik Systems. “By joining Dynamo, a company backed by Blackstone and Francisco Partners, we are excited by the additional resources and support to further extend Smonik’s value to private investment clients. Additionally, our two companies are built on a culture of excellence, with seasoned professionals who are fueling high-growth, innovative software that simultaneously empowers clients to increase efficiency, reduce cost, and minimize operational risk.” “This is truly a win-win for both Dynamo and Smonik’s current and prospective clients,” added Stephen Hixon, principal and co-owner of Smonik. “Dynamo is leading this industry’s race in delivering compelling end-to-end software, and now, with Smonik, the company is further cementing its leadership in data automation for LPs. We are proud to be a part of the next chapter in Dynamo’s story.” Both Dynamo and Smonik are headquartered in the Boston, MA area, allowing the operations, sales, marketing, and product innovation teams to work closely together to ensure a seamless integration. About Smonik Systems, LLC. Smonik Systems, now a Dynamo brand, provides data management and reconciliation services to the financial services industry. Using its extensive background in investment operations, Smonik prides itself in developing tools to automate back-office manual processes. The proprietary, best-in-class software delivered by Smonik focuses on automating the entire data management workflow. This includes the collection, extraction, transformation, reconciliation, and integration of both structured and unstructured data. About Dynamo Software, Inc. Dynamo Software’s mission is to be the leading global, end-to-end cloud software platform for the alternatives ecosystem, serving the information sharing and analytical data needs of our constituents. Since 1998, the company has been providing industry-tailored, highly-configurable investment management, reporting, and data management cloud software solutions to the global alternative investment industry. Dynamo’s cloud-based solutions serve the private investment landscape including private equity and venture capital funds, real estate investment firms, infrastructure, hedge funds, endowments, pensions, foundations, prime brokers, funds of funds, family offices, and fund administrators. The Dynamo™ platform has improved productivity across the alternatives ecosystem, including CRM, fundraising, deal management, research management, investor servicing, portfolio management, and compliance teams worldwide. Dynamo has a global footprint with operations across North America, EMEA, and APAC.

Read More

Spotlight

Government organizations must satisfy everincreasing demands for efficiency, service quality, and transparency—all while keeping costs as low as possible. OpenText™ Big Data Analytics helps public entities make the most of their data to uncover hidden trends, gain insight into causes, and predict potential public emergencies so less money is spent “putting out fires.

Resources