DATA ARCHITECTURE

Linq Analytics Extends Master Data Management and FP&A Capabilities

Linq Analytics | January 18, 2022

Linq Analytics, LLC, a provider of software and services for adaptive customer data management and analytics, announced today its acquisition of certain assets of Altius, Inc., a privately-held company with US offices in Sugar Land, TX. Altius' Flex™ suite of planning and Master Data Management (MDM) products give users the ability to augment Microsoft Excel™-based financial models with data enrichment and workflows, providing them a more accurate understanding of their information and enabling management tailored to their business.

The addition of the Flex™ suite to the Linq Analytics portfolio will add capabilities that extend both Linq's Account Hierarchy Management Solution and associated analytics and workflows, helping Clients realize additional value across the Customer data chain through more agility in data integration, extensive analytics insights, and decreased redundancy.

"Our Clients and Partners have expressed a desire to seamlessly connect their customer data from multiple CRM and ERP instances with existing analytics and finance workflows. We believe that adding the Flex™ capabilities helps us to provide a more complete solution that can drive additional value for our Clients."

Brandon Swalve, Linq Analytics' co-founder and CEO

As part of this transaction, Linq Analytics will appoint Noel Phillips as Chief Technology Officer. "In addition to the product capabilities, I'm excited to welcome Noel to Linq," continued Swalve. "He adds significant technical knowledge, functional expertise, and strong leadership to our rapidly expanding team, and our Clients will feel his impact quickly."

"I'm very excited to join the superb team at Linq Analytics.  I know the combination of Linq's innovative CRM and ERP tools - along with the  Flex™ Planning Platform - will prove incredibly powerful.  It tells a compelling story and will benefit current and future clients alike.  I can't wait to see what we will achieve together."

The Flex™ product suite will continue to be available from Linq Analytics. Support services for current Flex™ clients will be delivered through Altius, with transition for support expected to occur in Q2 2022.

Spotlight

The E-tail market in its growing stage, is emerging as one of the largest sectors in the world economy. E-Tail players have shown tremendous growth and attracted some big investors like Tiger Global, Morgan Stanley, and Soft bank. E-tailers distinguish themselves in providing innovative service offerings like one-day delivery, 30-day replacement warranty, cash on delivery (CoD), cashback offers, mobile wallets etc.


Other News
DATA SCIENCE

Newgen Software to acquire Number Theory, an AI/ML data science platform company

Newgen Software Technologies Limited | January 21, 2022

Newgen Software, a leading provider of a unified digital transformation platform, is pleased to announce that it is acquiring India-based Number Theory, an AI/ML (artificial intelligence and machine learning) data science platform company, subject to the completion of conditions as stated in the approved Share Purchase Agreement. Number Theory's platform, AI Studio, brings intuitive AI/ML to every enterprise, while unifying the entire lifecycle of data engineering, from data preparation to model development and monitoring. It empowers both citizen and expert data scientists to work faster and more efficiently, thereby helping in accomplishing key machine learning tasks in just hours or days, not months. This acquisition will further strengthen Newgen's low code digital transformation platform, NewgenONE, with AI/ML modeling and data analytics capabilities. "Our customers are increasingly looking to leverage data for deeper insights and accelerated growth. Number Theory will bring domain expertise, along with a powerful engine to extract actionable insights in real time. AI/ML projects often get complex, expensive, and not rewarding. What we like about Number Theory's platform is that it is for every enterprise. It lets fusion teams build, deploy, and collaborate on the entire modeling lifecycle in low code and on cloud. We look forward to welcoming the Number Theory team to the Newgen family." Virender Jeet, CEO, Newgen "Newgen has developed mission-critical and complex business applications for its customers across the globe, including for enterprises in the banking and insurance space. We felt that Newgen, with its strong customer portfolio and partner ecosystem, is the perfect growth partner. We are looking forward to helping our joint customers utilize their data in the enterprise with full potential using AI/ML technologies," said Rajan Nagina and Tarun Gulyani, co-founders of Number Theory. About Newgen Software Technologies Limited Newgen is the leading provider of a unified digital transformation platform with native process automation, content services, and communication management capabilities. Globally, successful enterprises rely on Newgen's industry-recognized low code application platform to develop and deploy complex, content-driven, and customer-engaging business applications on the cloud. From onboarding to service requests, lending to underwriting, and for many more use cases across industries. Newgen unlocks simple with speed and agility.

Read More

BIG DATA MANAGEMENT

CQG to Roll Out Newest Trading and Analytics Platform, CQG One

CQG | March 14, 2022

CQG, a leading global provider of high-performance technology solutions for traders, brokers, commercial hedgers and exchanges, announced today the phased roll-out of its newest trading platform, CQG One. Designed for professional traders and institutional investors, the new cloud-based CQG One combines the ease of use of the firm's retail-oriented CQG Desktop platform with many of the popular market data, charting, visualization and advanced analytics features of CQG Integrated Client, its flagship professional trading platform. A multi-asset, multi-broker platform, CQG One will be available through traders' futures commission merchants (FCMs) beginning in April, with new functionality added throughout the year. CQG President Ryan Moroney said: "We're excited to bring CQG One to market after gathering extensive input from our users on what features they most want in our new platform. This will be as intuitive and easy to deploy, configure and use as CQG Desktop but with advanced charting, market analytics and trading functionality, along with the CQG depth and breadth of market data utilized by our largest and most sophisticated institutional clients." "CQG One is an ultra-fast, secure platform that traders will be able to access from anywhere to leverage technical analysis tools and execute transactions with a single click on markets all over the world. We will continuously update it through our HTML5 cloud infrastructure in a way that's seamless to users." Marcus Kwan, CQG Vice President, Product Strategy & Design The new platform will include premium functionality such as: Single-click trade entry Advanced charting and analytics Portfolio sharing Window linking, and drag-and-drop tabs Highly secure, consolidated real-time and life-of-contract historical market data feeds from more than 75 global sources Access to CQG Algos, a comprehensive set of pre-built algorithmic order types New analytics features, custom formulas, price alerts and a spreader later in 2022 Institutional clients will be able to utilize a Windows-installed version of CQG One in the future. About CQG CQG provides the industry's highest performing solutions for traders, brokers, commercial hedgers and exchanges for their market-related activities globally, including trading, market data, advanced technical analysis, risk management, and account administration. The firm partners with the vast majority of futures brokerage and clearing firms and provides Direct Market Access (DMA) to more than 45 exchanges through its global network of co-located Hosted Exchange Gateways. CQG technology serves as the front end for a variety of exchanges and is increasingly employed as the over-the-counter matching engine for important new markets. CQG's server-side order management tools for spreading, market aggregation, and smart orders are unsurpassed for speed and ease of use. Its market data feed consolidates 85 sources, including exchanges worldwide for futures, options, fixed income, foreign exchange, and equities, as well as data on debt securities, industry reports, and financial indices. One of the longest-serving technology solutions providers in the industry, CQG has won numerous awards for its trading software, technical analysis and multi-asset trading platform. CQG is headquartered in Denver, with 16 sales and support offices and data centers in key markets globally.

Read More

BIG DATA MANAGEMENT

Cloudian Partners with WEKA to Deliver High-Performance, Exabyte-Scalable Storage for AI, Machine Learning and Other Advanced Analytics

Cloudian | January 20, 2022

Cloudian® today announced the integration of its HyperStore® object storage with the WEKA Data Platform for AI, providing high-performance, exabyte-scalable private cloud storage for processing iterative analytical workloads. The combined solution unifies and simplifies the data pipeline for performance-intensive workloads and accelerated DataOps, all easily managed under a single namespace. In addition, the new solution reduces the storage TCO associated with data analytics by a third, compared to traditional storage systems. Advanced Analytics Workloads Create Data Storage Challenges Organizations are consuming and creating more data than ever before, and many are applying AI, machine learning (ML) and other advanced analytics on these large data sets to make better decisions in real-time and unlock new revenue streams. These analytics workloads create and use massive data sets that pose significant storage challenges, most importantly the ability to manage the data growth and enable users to extract timely insights from that data. Traditional storage systems simply can’t handle the processing needs or the scalability required for iterative analytics workloads and introduce bottlenecks to productivity and data-driven decision making. Cloudian-WEKA Next Generation Storage Platform Together, Cloudian and WEKA enable organizations to overcome the challenges of accelerating and scaling their data pipelines while lowering data analytics storage costs. WEKA’s data platform, built on WekaFS, addresses the storage challenges posed by today’s enterprise AI workloads and other high-performance applications running on-premises, in the cloud or bursting between platforms. The joint solution offers the simplicity of NAS, the performance of SAN or DAS and the scale of object storage, along with accelerating every stage of the data pipeline from data ingestion to cleansing to modeled results. Integrated through WEKA’s tiering function, Cloudian’s enterprise-grade, software-defined object storage provides the following key benefits: High Performance – Run concurrent workloads while eliminating compute cluster bottlenecks and reducing processing times. Exabyte Scalability – Grow deployments on demand, from terabytes to an exabyte without disruption, achieving the flexibility and elasticity of the public cloud within a private data center or hybrid cloud model. Enterprise-grade Security – Protect data with encryption in flight and at rest, integrated firewall, RBAC/IAM and SAML access controls, and certification with the most rigorous regulatory requirements, such as Common Criteria, FIPS and SEC Rule 17a-4(f). Resiliency – Achieve high data durability with the option to protect and distribute data using replication or erasure coding, thereby eliminating the need for a separate data backup process. Multi-tenancy – Provision multiple users on shared infrastructure without compromising security. Cost-effective – Save on storage costs, as the solution runs on standard x86 hardware with local NVMe SSDs. “As organizations increasingly employ AI, ML and other advanced analytics to extract greater value from their data, they need a modern storage platform that enables fast, easy data processing and management,” said Jonathan Martin, president, WEKA. “The combination of the WEKA Data Platform and Cloudian object storage provides an ideal solution that can seamlessly and cost-effectively scale to meet growing demands.” “When it comes to supporting advanced analytics applications, users shouldn’t have to make tradeoffs between storage performance and capacity,” said Jon Toor, chief marketing officer, Cloudian. “By eliminating any need to compromise, the integration of our HyperStore software with the WEKA Data Platform gives customers a storage foundation that enables them to fully leverage these applications so they can gain new insights from their data and drive greater business and operational success.” About Cloudian Cloudian is the most widely deployed independent provider of object storage. With a native S3 API, it brings the scalability and flexibility of public cloud storage into the data center while providing ransomware protection and reducing TCO by up to 70% compared to traditional SAN/NAS and public cloud. The geo-distributed architecture enables users to manage and protect object and file data across sites—on-premises and in the cloud—from a single platform.

Read More

BIG DATA MANAGEMENT

Fluree Announces Significant Momentum in Digital Trust and Privacy Collaboration, Strategic Partnerships and Developer Adoption, on the Path to Web3

Fluree | December 27, 2021

Fluree, provider of the Web3 data platform, today announced significant momentum as the technology of choice for privacy-preserving data ecosystems. Fluree’s immutable semantic graph database played a key role in a wide range of projects in 2021, including secure academic credentials for projects funded by the Department of Education, a tamper-proof and fair blockchain-backed election, and off-chain data storage for Cardano, the sixth-largest cryptocurrency in the world. “It’s inspiring to see the ways that developers are taking advantage of Fluree’s ability to deliver trust, semantic context and security to data projects,” said Fluree Co-CEO and Co-Founder Brian Platz. “Support for our platform is at an all-time high, driven by data-centric architecture that can power trusted, interoperable data ecosystems.” “Mainstream adoption of Web3 — the decentralized Internet of data — is on the horizon. As the rise of data ecosystems are met with privacy, trust and interoperability challenges, Fluree is uniquely poised to become the infrastructure of choice in the emerging Web3 market,” said Dan Malven, Managing Director at 4490 Ventures. Surge in Developer Adoption: 500% Growth in 2021 Fluree’s open source technology grew 500% in users in 2021, topping 100,000 total downloads to date as it becomes the technology of choice for privacy-preserving data ecosystems. Key use cases in verifiable credentials, education technology, enterprise knowledge graphs, and blockchain applications continue to emerge. Fluree’s recently overhauled developer portal and growing Slack community accommodates the influx in developer adoption, prioritizing the Fluree developer experience and community. Fluree’s rise in both developer adoption and strategic partners has been recognized, winning local awards such as Tech Tribune’s Best Tech Startup in Winston-Salem to being recognized as CRN’s Coolest Database System Company of 2021 as well as a winner of Business Intelligence Group’s Fortress Cyber Security Award. Digital Privacy and Verifiable Credentials for the Public Sector, Supporting Education and Health Care Improvements Verifiable credentials and decentralized identifiers have become a central theme in rising Fluree use cases across education ecosystems and healthcare. As the world begins to understand the value of privacy in digital ecosystems, organizations have chosen Fluree to power solutions that return ownership of information to consumers. Education Credentials: Two winning projects of the American Council of Education’s Blockchain Innovation Challenge, funded by the Department of Education, are using Fluree's technology to transform credentialing in academic ecosystems. The LifeLong Learner Project focuses on providing teachers with a wallet to store and present certifications as they move throughout their careers. The UnBlockED project is focused on creating an open transfer exchange that will empower college students by streamlining transfer credit recognition. In both projects, Fluree’s technology provides the foundation for the exchange of secure and interoperable verifiable credentials across owners, issuers, and third-party institutions. Key partners within these initiatives include the University of Arizona, the Gardner Institute, and Georgia Tech. Healthcare Credentials: Pulse Connect has partnered with Fluree to build verifiable credential solutions for patients and health providers. This will help support verification requirements around vaccine credentialing in view of increasing vaccine mandates. Strategic Partnerships: Supporting Cryptocurrency Advancements, Tamper-Proof Elections and Codifying Unstructured Data Much of Fluree’s 2021 momentum stems from Fluree’s growing partner ecosystem, which recently won the CRN’s “Channel Chiefs Award.” Examples of rising stars in Fluree’s Partner Ecosystem include: Building a Metadata Sidechain Solution for the Sixth Largest Cryptocurrency: The community supporting the high-ranking cryptocurrency blockchain platform Cardano selected Ikigai Technologies and Fluree to power Logosphere. The Logosphere project proposes Fluree as an "off-chain decentralized app (dApp) data storage solution" for the metadata related to Cardano transactions. Instead of placing data into siloed databases, Fluree will act as a secure and interoperable metadata layer for dApp developers. This will enable a new class of data-driven dApps, such as non-fungible token (NFT) exchanges, decentralized knowledge graphs, and other data-centric Web3 applications. Powering the World’s First End-to-End Blockchain Election: Marzex.tech technologies delivered a Fluree-powered digital voting platform for the International Islamic University of Malaysia. The digital platform used Fluree’s backend to successfully register identities, facilitate private voting, and thwart efforts to tamper with the election. Turning Text into Trusted, Interoperable Data: Fluree integrated with Lead Semantics to offer TextDistil, a natural language processing (NLP) pipeline for unstructured data. The integration will allow organizations to transform their text and other unstructured data into a rich set of queryable information, readily integrated into data fabrics and enterprise knowledge graphs. This is particularly valuable for the healthcare industry, which deals largely with unstructured data and has experienced an 878% increase in health data over the last five years. About Fluree Founded in 2016 by Brian Platz and Flip Filipowski, Fluree PBC is headquartered in Winston-Salem, North Carolina. Fluree is pioneering a data-first technology approach with its data management platform.

Read More

Spotlight

The E-tail market in its growing stage, is emerging as one of the largest sectors in the world economy. E-Tail players have shown tremendous growth and attracted some big investors like Tiger Global, Morgan Stanley, and Soft bank. E-tailers distinguish themselves in providing innovative service offerings like one-day delivery, 30-day replacement warranty, cash on delivery (CoD), cashback offers, mobile wallets etc.

Resources