J.D. Power | September 18, 2023
J.D. Power, a prominent global leader in data analytics, has recently announced a definitive agreement to acquire Autovista Group, a renowned pan-European and Australian automotive data, analytics, and industry insights provider. This strategic acquisition complements J.D. Power's existing strengths in vehicle valuation and intricate vehicle specification data and analytics while significantly expanding its presence within the European and Australian automotive markets.
This acquisition represents a crucial moment, as it delivers substantial value to the customers of both companies. It brings together Autovista Group's extensive European and Australian market intelligence with J.D. Power's market-leading predictive analytics, valuation data, and customer experience datasets. These complementary offerings will empower original equipment manufacturers (OEMs), insurers, dealers, and financing companies with a truly global perspective on critical industry trends. They will also provide the tools to accurately predict risk, capitalize on emerging trends, and align sales strategies with real-time market dynamics.
Pete Cimmet, Chief Strategy Officer at J.D. Power, stated:
The addition of Autovista Group broadens our global presence allowing us to serve our customers across key global markets including North America, Europe and Asia/Australia. We look forward to partnering with the Autovista team to launch innovative new products and pursue strategic add-on acquisitions in Europe and Australia.
[Source: Business Wire]
Autovista Group, through its five prominent brands—Autovista, Glass's, Eurotax, Schwacke, and Rødboka—standardizes and categorizes a multitude of technical attributes for nearly every vehicle manufactured in European and Australian markets. This comprehensive approach offers clients a 360-degree view of detailed vehicle data, which is invaluable for valuations, forecasts, and repair estimates. Furthermore, Autovista Group's robust analytical solutions and its team of seasoned experts are trusted by stakeholders across the automobile industry for their in-depth insights and benchmarks related to vehicle values, ownership, replacements, and repair costs.
Under this agreement, Autovista Group's senior leadership, along with its 700 employees, will remain part of the organization, serving as J.D. Power's automotive data and analytics platform for Australia and Europe. Lindsey Roberts will continue to lead the team in her role as President of J.D. Power Europe, reporting to CEO Dave Habiger.
Currently, Autovista Group is owned by Hayfin Capital Management, a prominent European alternative asset management firm.
The anticipated closure of the Autovista Group acquisition is set for conclusion by the end of 2023, pending customary closing conditions and regulatory review and approval.
For this transaction, RBC Capital Markets acted as the exclusive financial advisor, and Kirkland & Ellis provided legal counsel to J.D. Power. TD Cowen served as the exclusive financial advisor, with Macfarlanes, Cravath, Swaine & Moore, and Mishcon de Reya acting as legal advisors to Autovista Group and Hayfin.
About J.D. Power
J.D. Power, a renowned consumer insights, advisory services, and data and analytics firm, has consistently spearheaded the use of big data, artificial intelligence (AI), and algorithmic modeling to illuminate the intricacies of consumer behavior for more than half a century. With a storied legacy of providing in-depth industry intelligence on customer interactions with brands and products, J.D. Power serves as the trusted leader for the world's preeminent enterprises, spanning diverse major sectors, profoundly influencing and refining their customer-centric strategies.
Airbyte | September 11, 2023
Airbyte, the leading open-source data movement platform, has announced a strategic integration with Datadog, Inc., a prominent cloud application monitoring and security platform. This integration offers customers a comprehensive solution to monitor and analyze data pipelines with access to nearly 50 metrics, all at no additional cost.
The integration between Airbyte Self-Managed and Datadog's data observability and security monitoring capabilities allows organizations to maintain a close watch on the health of their critical data pipelines. Key features of this integration include:
A centralized overview of Airbyte data pipeline performance
Real-time detection and immediate alerts for failing syncs or connections
Notifications regarding long-running jobs, which could indicate potential latency issues
Michel Tricot, CEO of Airbyte, emphasized the significance of this integration, stating,
The new Datadog integration provides transparency and actionable insights, empowering users to optimize performance and ensure reliable data pipelines by proactively addressing potential data issues.
[Source: Business Wire]
Yrieix Garnier, Vice President of Product at Datadog, further elaborated on the benefits, explaining,
Airbyte's data extraction and loading process involves numerous complex components. The integration with Datadog offers users peace of mind, enabling them to monitor data pipelines across their organization and troubleshoot any potential data integration workflow issues, ultimately ensuring data quality.
[Source: Business Wire]
This integration will be immediately available to users. Existing Datadog customers can configure their Airbyte deployments to send metrics to Datadog. For those not already using Datadog, a free trial is available. Similarly, users new to Airbyte can sign up for free.
Airbyte continues its commitment to delivering robust data integration and analysis solutions to organizations. The Datadog integration represents a significant milestone in Airbyte's mission to empower businesses with efficient data integration capabilities.
Airbyte simplifies data movement across various sources and destinations, making it accessible and cost-effective for enterprises. With the largest data engineering contributor community, boasting over 800 contributors as well as top-tier tools for connector development and maintenance, Airbyte remains at the forefront of the data integration landscape.
Founded in 2020, Airbyte is an open-source platform for EL (T) that enables data teams to replicate data from various sources to different destinations. The company, which has raised $181 million in funding, believes in the power of open source to address data integration challenges and offers over 200 connectors for data syncing. Currently, it serves over 25,000 companies.
Big Data Management
iMerit | September 07, 2023
iMerit, a prominent player in the field of artificial intelligence (AI) data solutions, has unveiled its latest offering, the Radiology Annotation Product Suite. This innovative suite is designed to cater to the needs of medical AI developers by providing advanced automation, annotation, and analytics capabilities.
This new product suite is firmly rooted in iMerit's Ango Hub platform, an end-to-end enterprise-grade technology platform that is specifically tailored to deliver top-notch data annotation tools for AI development teams. Within this suite, a comprehensive range of solutions awaits, including data sourcing, workflow design, cutting-edge data annotation tools, and the invaluable input of human experts, all seamlessly integrated into a single platform. This unique fusion of iMerit's technological prowess and radiology expertise ensures a smooth journey from training data all the way to regulatory benchmarking.
A significant hurdle in radiology AI applications is the demand for specialized tools and insights from domain experts to ensure the necessary accuracy and precision in training data. For developers, the Radiology Annotation Product Suite offers a one-stop solution, combining automation, annotation tools, and analytics within a single platform, facilitating the creation of precise data pipelines essential for quick scaling radiology AI solutions into production.
Sina Bari MD, Senior Director of Medical AI at iMerit, explained that their suite aims to combine human expertise, data management, and automation in a single solution.
Notable features include
Customized workflows designed for Radiologists with consensus and multistep capabilities.
Diagnostic-level annotation accuracy with multiplanar functionality and 3D volume rendering.
Efficient annotation facilitated by smart automation tools and model integration.
Stringent data security and regulatory compliance, including CFR 21 Part 11, HIPAA, and SOC2.
This solution seamlessly integrates U.S. and offshore experts, including board-certified radiologists, all within a highly secure end-to-end platform, ensuring cost-effective scaling of annotation efforts.
Radha Basu, Founder and CEO of iMerit, emphasized the importance of their work, stating that they understand the challenges of developing AI applications and that their suite was built to scale data annotation efforts with high quality, accuracy, and speed.
iMerit is a prominent AI data solutions company specializing in data services such as dataset creation, image tagging, sentiment analysis, data verification, and content aggregation. It serves Fortune 500 enterprises in various industries and have a global presence, with headquarters in the United States and teams in India, the US, Bhutan, and Europe. iMerit's investors include Omidyar Network, Dell.org, Khosla Ventures, and British International Investment.
PingCAP | September 13, 2023
On September 12, 2023, PingCAP, a prominent distributed SQL database provider, announced its attainment of the coveted Amazon Web Services (AWS) Data and Analytics Competency status. This prestigious designation underscores PingCAP's track record of successfully assisting customers in collecting, storing, governing, and analyzing data at any scale.
The achievement of AWS Data and Analytics Competency signifies PingCAP as a distinguished member of the AWS Partner Network (APN), specializing in software solutions tailored to assist enterprises in embracing, developing, and deploying intricate projects on the AWS platform. This designation is reserved for APN members with extensive AWS proficiency who deliver solutions seamlessly within the AWS environment.
Moreover, PingCAP has also secured AWS Service Ready designations for both AWS PrivateLink and Amazon Linux 2. The AWS Service Ready Program rigorously assesses AWS partner solutions for compatibility with specific AWS services. To obtain these accolades, PingCAP underwent meticulous technical evaluations of its product architecture, received references from customers, and provided product documentation.
By harnessing AWS PrivateLink, customers gain access to a streamlined experience for connecting PingCAP TiDB Cloud with other AWS services and applications, ensuring heightened security and adaptable network configuration.
AWS empowers organizations of all sizes with scalable, flexible, and cost-effective solutions, ranging from startups to global enterprises. In support of seamless integration and deployment of these solutions, AWS has instituted the AWS Competency Program, enabling customers to identify AWS Partners with profound industry acumen and expertise.
Eddie Xu, Director of Cloud Alliances at PingCAP, commented,
We are thrilled to achieve the AWS Data and Analytics Competency. Many of our customers have made long-term strategic investments to build their digital businesses on AWS. Being a part of this program reflects PingCAP's commitment to delivering a solution that meets security, compliance, and efficiency standards in support of our customers scaling their transactional workloads on AWS.
[Source: Globe Newswire]
PingCAP, headquartered in Silicon Valley, is the visionary behind TiDB, an advanced, open-source, distributed SQL database. This database powers modern applications, boasting a streamlined tech stack, elastic scalability, real-time analytics, and uninterrupted access to data—all unified within a singular database solution. These innovative capabilities liberate emerging enterprises from the complexities of data infrastructure management, allowing them to set their sights firmly on the future. Some of the world's leading businesses across the travel, technology, financial services, web3, and gaming sectors trust TiDB to manage their mission-critical workloads.