BIG DATA MANAGEMENT
Semantix | April 07, 2022
Semantix, Latin America’s first fully integrated data platform, announced today the availability of a Data & AI Marketplace, consisting of a new array of features that significantly streamline the analytical journey for users of the Semantix Data Platform (known as SDP). The Data & AI Marketplace provides an app store-like experience that puts frequently used data sets and pre-packaged, vertical specific algorithms at the fingertips of data scientists and business analysts around the world.
“Data scientists and business analysts shouldn’t need a doctorate in software engineering to glean insights from complex data sets. The SDP was purpose-built as an end-to-end solution for the analytical journey and these new features give our community of users the tools and resources that can make their journey easier and faster than it’s ever been before.”
Leonardo Santos, co-founder and CEO of Semantix
The new features in the SDP are broken into two separate categories – data sets and vertical specific algorithms. The data sets are a variety of pre-packaged, highly applicable data sets that users can leverage to train their machine learning algorithms and corollate with other proprietary data assets. These data sets include frequently used data on weather, diseases, stocks trade activity, consumer behavior and more. The vertical specific algorithms are meant to automate and streamline commonly analyzed business functions and use cases. For example, there is available today in SDP algorithms and dashboards for customer churn and retention, demand forecasting, predictive maintenance and more.
Fueling Innovation for Public Journey Ahead
Innovation is at the center of Semantix’s core values as a company. The SDP Marketplace is another milestone in Semantix’s ongoing commitment to push the envelope of innovation as it makes its way to the public market. In November of 2021, Semantix announced that it entered into a definitive agreement to merge with Alpha Capital (NASDAQ: ASPC), a special purpose acquisition company (“SPAC”) focused on technology. The announcement marked the first time a Latin American-focused technology SPAC had merged with a target company and highlights its growing position as a leading global innovator in the data and analytics space.
Semantix is Latin America’s first fully integrated data software platform. Semantix has more than 300 clients with operations in approximately 15 countries using Semantix’s software and services to enhance their businesses. The company was founded in 2010 by CEO Leonardo Santos.
BIG DATA MANAGEMENT
Prefect | April 29, 2022
Prefect Technologies, Inc., the company behind the open-source data workflow automation platform Prefect, today announced a partnership with Snowflake, the Data Cloud company. Prefect enables Snowflake customers to automatically populate, extract, and analyze data on top of Snowflake more easily and reliably for faster time to insight.
Prefect's dataflow automation platform enables data teams to build, run, and monitor data pipelines so they can develop pipelines faster, reduce failures, and increase confidence in their data.
As part of the partnership, Prefect has enhanced its integration with Snowflake to leverage the latest APIs and offer enterprise authentication functionality for both Prefect 1.0 and Prefect Cloud. Further, there will soon be a dedicated "Collection" of all Snowflake tasks so that data engineers can build and maintain cross-functional Snowflake dataflows more easily.
"Data workflow orchestration is a critical component of the modern data stack. We're excited by Prefect's product, community, and vision in this space," said Tarik Dwiek, Head of Technology Alliances at Snowflake. "As partners, we'll be able to bring our joint solution to even more data organizations to build workflows faster and increase visibility into their data pipelines."
"Prefect's mission is to eliminate negative engineering – the 'defensive' code that engineers write to handle errors. Our users love Snowflake because it makes data storage and access so easy and seamless. Together with Prefect, we've seen hundreds of organizations reduce negative engineering and increase impact."
Jeremiah Lowin, Founder and CEO of Prefect
Those companies using Prefect and Snowflake together include Discovery Networks, Pocket, Winc, and TastyTrade. TastyTrade, a subsidiary of IG Group with over 4,000 online trading accounts, uses Prefect to run all of its data operations on top of Snowflake.
"Prefect is the glue of our data stack," said TastyTrade's Vice President of Enterprise Data and Analytics, Alex Welch. "Prefect gives us visibility into our critical pipelines that we never had before. And its performance has allowed us to move from daily to continuous updates – enabling more timely and valuable insights."
Prefect and Snowflake will continue to work together to support their evolving platforms, including Prefect's next generation dataflow automation platform, Prefect 2.0.
Prefect is a dataflow automation platform for data engineers to build, automatically run, and monitor complex pipelines at any scale. Prefect is used by organizations of all sizes across the globe, and its open-source code base is supported by thousands of community members. Founded in 2018 by Jeremiah Lowin, Prefect raised its Series B in early 2021. Investors include Bessemer Venture Partners and Tiger Global Management.
BIG DATA MANAGEMENT
Precisely | June 22, 2022
Precisely, the global leader in data integrity, today launched its new Precisely Data Integrity Suite – bringing the latest innovation in data integrity to the market. Announced at the company’s Trust ’22 event, the Data Integrity Suite is composed of seven interoperable SaaS modules that can be deployed individually, or seamlessly combined to deliver exponential value – fuelling businesses with unparalleled levels of trusted data.
The announcement comes at the same time as the latest IDC Spotlight paper on “Improving Data Integrity and Trust through Transparency and Enrichment,” shows that only 27% of data professionals say they completely trust their data. With 63% of organizations reporting that higher levels of data integrity make a positive impact on their business metrics 1, the launch of the new Data Integrity Suite is a timely one.
“Data integrity is an imperative for every business, but the journey to achieving it is different for every organization. With the Precisely Data Integrity Suite, businesses can start anywhere, go at their own pace, and grow value at every step of their unique journey. “Our unmatched breadth of data integrity capabilities and enrichment data, combined with our strategic services expertise, means that we can help businesses chart their path to data integrity and lead them along the way.”
Eric Yau, COO at Precisely
The Suite’s Data Integration, Data Observability, and Data Governance modules are available for early access now for businesses looking to build a foundation of accuracy and consistency in their data:
Data Integration: enables organizations to break down silos by quickly building streaming data pipelines that integrate data from core transaction systems into modern data platforms, driving innovation, and modernizing mission-critical infrastructure
Data Observability: a new entry from Precisely into this rapidly growing market, proactively and intelligently detects and surfaces data anomalies before they become costly downstream issues that could disrupt business
Data Governance: delivers a business-friendly framework to find, understand, trust, and leverage critical data across an organization for better outcomes and insights, improved operations, and regulatory compliance
The following modules will join the Data Integrity Suite in the coming months:
Data Quality: delivers data that is accurate, consistent, complete, and fit for purpose across operational and analytical systems
Geo Addressing: unlocks valuable context by verifying, standardizing, cleansing, and geocoding addresses for more informed decision-making
Spatial Analytics: derives and visualizes spatial relationships hidden in data to reveal critical context for better decisions
Data Enrichment: enriches data with expertly curated datasets containing thousands of attributes for faster, more confident decisions
The Data Integrity Suite delivers access to trusted data at the speed of business and empowers organizations to make fast, confident decisions that drive growth, reduce costs, and manage risk. With a business-friendly user experience, it supports data democratization and self-service access to data for business and data users alike. Its unique Data Integrity Foundation includes a common data catalog that enables each module to build on metadata previously gathered by other modules, combining seamlessly to deliver maximum value to the customer.
“With the launch, Precisely is delivering on the vision they have painted for the market of integrating its capabilities into a modular, interoperable suite,” said Stewart Bond, Research Director at IDC. “Precisely has a strategic blend of technology and services within its portfolio to meet the needs of organizations with legacy and modern data environments that are wanting to compete in a digital-first world.”
“Businesses are increasingly investing in DataOps to continually improve the data they use for analytics and decision-making. The Precisely Data Integrity Suite’s end-to-end, integrated approach to data integration, data governance and quality, as well as location intelligence and data enrichment gives organizations all the tools and agility they need to automate and iterate on the integrity of their data,” said Anjan Kundavaram, CPO at Precisely. “The introduction of the Suite’s Data Observability module is essential for DataOps teams, allowing them to leverage AI and machine learning to gain critical insight into the health of their company’s data, monitor changes to patterns in that data, and proactively resolve potential issues.”
Financial services company, Degroof Petercam, a Precisely customer and participant in the Data Integrity Suite’s early access program, sees clear benefits of the new Data Observability module. “Observability is the missing piece today to give our data stewards access to data discovery insights without having to go to IT for queries or reports.” explains Jean-Paul Otte, Chief Data Officer at Degroof Petercam.
“The portfolio of data integrity assets that Precisely offers is the gold standard for building trusted data,” said Yau. “That same technology, recognized by industry analysts and relied upon by over 12,000 customers to address their data challenges today, is at the heart of the new Precisely Data Integrity Suite – providing the ultimate modular, interoperable, solution for organizations relying on data integrity across both legacy and modern cloud environments.”
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.
BIG DATA MANAGEMENT
NV5 | December 28, 2021
NV5 Global, Inc. , a provider of compliance, technology, engineering, and environmental consulting solutions, announced today that it has acquired AT Advanced Technologies Asia Pacific Pte. Ltd. (AT), an international consulting firm providing commissioning management and engineering services for high tech facilities and data centers. AT’s clients include large international technology and financial companies that depend on the efficiency and reliability of mission-critical data centers for their day-to-day operations. The acquisition was made with a combination of cash and stock and will be immediately accretive to NV5’s earnings.
“Data center commissioning and mission critical engineering is a high-margin, high-growth sector that NV5 entered in early 2021 with the successful acquisition of Industrial Design Associates International. Singapore is one of the largest and fastest growing data center markets in the world, and AT Advanced Technologies’ give us a competitive edge in capitalizing on data center market growth in Singapore and throughout Southeast Asia.”
Dickerson Wright, PE, Chairman & CEO of NV5
Founded in 1999, AT has completed more than 350 projects in Asia and Australia and operates out of three offices in Singapore, Hong Kong, and India. “We are excited to join NV5 and the acquisition strengthens our existing platform for further expansion,” said Victor John Carey, CEO and Founder at AT Advanced Technologies.
“AT Advanced Technologies complements our energy efficiency and building analytics services and expands our international commissioning capabilities. We look forward to presenting our combined capabilities to existing customers and new client pursuits,” said Gary Hui, PE, Vice President of NV5 Energy Efficiency and Mission Critical Services.
About AT Advanced Technologies
AT Advanced Technologies is a building services engineering, commissioning management, and energy management consulting firm providing clients with integrated skills and expertise to match the expectation of blue chip multi-national companies. With a unique blend of qualified technical staff from the UK, Australia, Singapore, and various countries in South East Asia, AT Advanced Technologies delivers world class services to clients in the financial and technology markets. AT Advanced Technologies is a member of the USGBC (LEED), the Commissioning Specialists Association (CSA) and is bizSAFE Star certified.
NV5 Global, Inc. is a provider of compliance, technology, engineering, and environmental consulting solutions for public and private sector clients supporting sustainable infrastructure, utility, and building assets and systems. The Company focuses on multiple verticals: testing, inspection & consulting, infrastructure, utility services, buildings & program management, environmental health sciences, and geospatial technology services to deliver innovative, sustainable solutions to complex issues and improve lives in our communities. NV5 operates out of more than 100 offices nationwide and abroad.