BIG DATA MANAGEMENT

Member Driven Technologies Sets up a Data Analytics Division

Member Driven Technologies | April 26, 2021

Member Driven Technologies (MDT), a CUSO that hosts the Symitar® Episys® core processing infrastructure to provide a private cloud alternative for core processing and IT needs, today announced the launch of its data analytics division to assist credit unions in properly organizing and making actionable their data.

During meetings with clients at a recent CEO Forum, the need for a division dedicated to providing more guidance and support around data analytics was validated. In response, MDT formed a team dedicated to hosting Symitar's Advanced Reporting for Credit UnionsTM (ARCU) for its clients. ARCU combines, integrates, aggregates, and delivers data analytics from a variety of channels, increasing awareness and monitoring of key market metrics. MDT will now build and maintain the business intelligence solution for credit union clients, and new personalized reporting features will be available shortly.

MDT's data analytics division helps to relieve credit unions of the responsibility of handling the technology involved with data analytics. Credit unions are expanding their analytics skills by gaining a more realistic perspective of their organizational processes and member behaviors through collaboration with MDT, all while saving resources and increasing efficiencies.

About Member Driven Technologies

Member Driven Technologies (MDT) offers a private cloud solution for key processing and IT requirements. The CUSO hosts the Symitar® Episys® central platform, as well as scores of complementary solutions and supporting resources to help the entity operate smoothly, such as digital banking, payments, leasing, protection, continuity, and regulatory solutions, as well as imaging, consulting, and hardware purchasing services. The flexible platform of MDT enables credit unions to collaborate with almost every infrastructure supplier of their choice. MDT frees credit unions from the pressure of technology, allowing them to spend more on member care. Credit unions around the country are increasing efficiencies, improving cybersecurity and corporate continuity, and lowering costs thanks to the CUSO's hybrid approach to outsourcing. MDT represents credit unions with reserves of over $22 billion and a membership of nearly two million members.

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With Datameer Smart Analytics, Datameer adds major new capabilities that makes it even easier to find the signal in all of the noise of your data. Using data mining technologies,Smart Analytics adds analytic algorithms that automatically identifies patterns, relationships and correlations within any data.


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BUSINESS INTELLIGENCE, BIG DATA MANAGEMENT

Qlik Recognized as a Customers’ Choice in 2022 Gartner® Peer Insights™ ‘Voice of the Customer’: Analytics and Business Intelligence Platforms

Qlik | October 18, 2022

Qlik® has been recognized as a Customers’ Choice in the 2022 Gartner® Peer Insights™ ‘Voice of the Customer’: Analytics and Business Intelligence Platforms report. Qlik received additional distinction as a Customers’ Choice for the Global Enterprises, Large Enterprises and Finance segments. The Gartner Voice of the Customer report synthesizes Gartner Peer Insights' reviews into insights for IT decision makers. This 2022 report focuses on analytics and business intelligence (ABI) platforms that enable less technical users, including business people, to model, analyze, explore, share and manage data, and collaborate and share findings, enabled by IT and augmented by artificial intelligence (AI). Qlik was recognized for meeting or exceeding both the average Overall Rating and the average User Interest and Adoption for these segments. Qlik’s recognition is driven by real-world customer experience and testimonials like: "Qlik, as a vendor, [is] always willing to go the extra mile, especially on data literacy. They facilitated a session for a variety of our staff to experience what analytics can do in a retail setting. The product itself has helped us understand our data quality issues and get to the heart of problems fast. It's easy to use and end users find it intuitive to navigate compared to other BI tools. It handles our large volumes of data well and connects to any source we throw at it." – Data Manager in the Retail Industry “Qlik Sense SaaS – Great, Easy, Fast to Setup and Deploy. Overall implementation into the SaaS arena was great. Easy to setup and SSO made the info sec team faster to approve its use in the cloud.” – VP of Enterprise Analytics in the Finance Industry “It works extremely fast even if we are analyzing millions of rows of data. Qlik offers some really savvy functions that allow you to e.g. do simultaneous "A-B-C" categorization of your data as you make your selections in available dimensions. Charts are good looking out of the box, you don't have to micro-manage your apps to make everything fit in a coherent way. Qlik offers flexible data alerts that eases the burden of actively monitoring your data.” – Global Business Analyst in the Healthcare Industry “The Best Choice in Business BI. Qlik has enabled our organization to create dynamic business insights with relative ease. New technologies are constantly added to the Qlik platform that enable us to continually improve our data analytics. From automation to AI these tools are salient and well thought out.” – Business Analyst in the Manufacturing Industry “It’s incredibly rewarding when a customer proactively tells the world about the value and success they are finding with your solutions. “We’re thrilled to be recognized as a Customers’ Choice, especially by some of the world’s largest organizations who partner with Qlik to tackle their most important challenges through data.” James Fisher, Chief Product Officer at Qlik To access the 2022 Gartner® Peer Insights™ 'Voice of the Customer': Analytics and Business Intelligence Platforms report, please visit here. To learn about Qlik, visit www.qlik.com. Gartner, Gartner Peer Insights ‘Voice of the Customer’: Analytics and Business Intelligence Platforms, By Peer Contributors, 7 October 2022 GARTNER is a registered trademark and service mark, and PEER INSIGHTS is a trademark and service mark, of Gartner, Inc. and/or its affiliates in the U.S. and internationally and are used herein with permission. All rights reserved. Gartner Peer Insights content consists of the opinions of individual end users based on their own experiences, and should not be construed as statements of fact, nor do they represent the views of Gartner or its affiliates. Gartner does not endorse any vendor, product or service depicted in this content nor makes any warranties, expressed or implied, with respect to this content, about its accuracy or completeness, including any warranties of merchantability or fitness for a particular purpose. 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.

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BUSINESS INTELLIGENCE, BIG DATA MANAGEMENT, BUSINESS STRATEGY

Anonos Acquires Award-Winning Synthetic Data Company Statice

Anonos | November 02, 2022

Anonos, provider of the only technology that protects data in use with 100% accuracy, today announced the acquisition of Berlin-based Statice GmbH, a synthetic data software provider. With the addition of the Statice solution, which generates new privacy-preserving data points that reflect the statistical properties of the original data, Anonos expands its ability to provide a comprehensive platform that powers speed to data insights for use cases while enhancing the protection and utilization of data. The Statice synthetic data technology will be integrated with the Anonos Data Embassy platform and available later this quarter. This acquisition follows Anonos’ recent announcement of $50 million in new growth financing backed by its intellectual property portfolio, facilitated by Aon and led by GT Investment Partners (“Ghost Tree Partners”). Statice was recently honored with the Handelsblatt Diamond Award in the best innovation in banking and fintech category, named in Gartner “Emerging Tech: Top Use Cases for Tabular Synthetic Data, September 2022,” and recognized in two 2022 Gartner Hype Cycle™ reports: Artificial Intelligence and Data Science and Machine Learning (ML). As noted in the latter report, Gartner predicts an increase in synthetic data adoption and growing buyers' interest across all industries notably due to the multiple benefits of the technology, for example, how synthetic data can "reduce cost and save time in ML development as it is cheaper and faster to obtain." The same report mentions that "synthetic data applications have expanded beyond automotive and computer vision use cases to include data monetization, external analytics support, platform evaluation and the development of test data." “Statice and Anonos share the goal of helping enterprises use more of their data assets, minus the usual conflicts and compromises. “Now organizations have the benefits of high-privacy, high-utility statutory pseudonymization combined with those of a proven synthetic data product for granular control throughout the data lifecycle.” Anonos Co-CEO and President Ted Myerson Enterprises have the option of using synthetic data whenever possible, and then combining it with Anonos’ non-identifiable yet 100% accurate Variant Twins® when there are privacy variables and risks – for example, to ensure compliance with Schrems II and the U.S. CLOUD Act for compliant data transfers across international borders. “From non-production use cases to full-production processing, more data control, privacy and accuracy aren’t just possibilities but actual realities,” Myerson added. Anonos was named as a Cool Vendor by Gartner because of its Variant Twin technology and recognized in August for data security as a service in the “Gartner Hype Cycle for Data Security, 2022.” Data Embassy delinks data from both direct and indirect identifiers to obscure identity while enabling organizations to use more of their data for lawful analytics, artificial intelligence, machine learning, data sharing and data transfer. It works by transforming source data into statutorily pseudonymized and 100% accurate Variant Twins authorized for specific purposes. They are embedded with multi-level data privacy and security controls that are technologically enforced, so they can travel anywhere. Controlled relinking to the original data accelerates speed to insights, but that process can only occur with the addition of other data held separately by the data controller or an authorized party. Statice’s co-founders Omar Ali Fdal and Mikhail Dyakov join the Anonos leadership team, and all 23 Statice employees become Anonos employees for a total of 65, with a majority located in Europe. “We are thrilled to join Anonos to accelerate the development of an entire range of modern data protection solutions, helping organizations across industries be more confident in data privacy and security so they can gain more business value from their data,” said Omar Ali Fdal, co-founder of Statice. “Our visions and strengths are aligned in de-risking data so our customers can responsibly pursue data-driven initiatives to accomplish their business goals.” “We recognized the great potential of privacy-enhancing technologies in the market early on. Especially in Germany and Europe, data protection law is strict, privacy concerns are manifold and our clients, as well as their customers' demand for the protection of private data is very high. PwC incubated the capabilities of Statice’s synthetic data solution to support internal operations and external advisory requirements. Statice’s vision for data agility combined with privacy reliability changed how we drive digital transformation for our clients, and we are convinced that such technologies are poised to have a wide impact on global enterprise data strategies,” said Marcus Hartmann, Chief Data Officer at PwC Germany and PwC Europe. Now, it's time to take the next step to industrialize the solutions. “The resulting joint capabilities of Statice with Anonos will offer privacy protection across the entire spectrum of data operations. That combination of privacy-enhancing techniques opens new possibilities for our clients in using more of their sensitive data to fuel innovation and modernization while eliminating the potential for data misuse.” The terms of the transaction will not be disclosed. PwC is no longer a stockholder of Statice; Anonos is now the 100% stockholder of Statice. About Anonos Anonos is a global software company that provides the only technology capable of protecting data in use with 100% accuracy, even in untrusted environments, making otherwise restricted assets accessible to expand and expedite data-driven initiatives. Its patented Data Embassy platform transforms source data into Variant Twins: non-identifiable yet 100% accurate data assets for specific use cases. Because multi-level data privacy and security controls are embedded into the data and technologically enforced, Variant Twins can travel anywhere – across departments, outside the enterprise, or around the globe. Therefore, data protection teams and data users can collaborate to advance projects for capturing valuable insights without compromising privacy, security, accuracy or speed. Anonos. Data without the drama. About Statice Statice develops state-of-the-art data privacy technology that helps companies double-down on data-driven innovation while safeguarding the privacy of individuals. Thanks to the privacy guarantees of the Statice data anonymization software, companies generate privacy-preserving synthetic data compliant for any type of data integration, processing and dissemination. With Statice, enterprises from the financial, insurance and healthcare industries can drive data agility and unlock the creation of value along their data lifecycle. Safely train machine learning models, finally process your data in the cloud, or easily share it with partners.

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BUSINESS INTELLIGENCE, BIG DATA MANAGEMENT, DATA SCIENCE

ThoughtSpot for Sheets Launches to Bring Self-service Analytics to Spreadsheets

ThoughtSpot | October 28, 2022

ThoughtSpot, the Modern Analytics Cloud company, today announced the launch of ThoughtSpot for Sheets, an entirely new web plug-in that brings modern, true self-service analytics directly to data in Google Sheets. With ThoughtSpot for Sheets, users simply install a free plugin app for Google Sheets, and then can instantly begin analyzing all their data in these sheets through search. Built and run entirely in the browser, ThoughtSpot for Sheets requires no data modeling, technical skills, or existing architecture. Users simply install, connect, and start searching. Currently, ThoughtSpot for Sheets is compatible with Google Sheets, including Connected Sheets, along with Supermetrics and Coefficient. Additional partners are planned for the near future. Customers can leverage ThoughtSpot for Sheets directly on their data already in Google Sheets. With Coefficient, customers can easily and quickly bring data from their cloud data platform or cloud applications into Sheets, which is then immediately ready for analysis with ThoughtSpot for Sheets. Supermetrics enables customers to bring data from their various marketing applications into sheets, which can then be searched and analyzed instantly with ThoughtSpot for Sheets. Extending self-service analytics to data in sheets Since its founding, ThoughtSpot has been on a mission to make the world more fact-driven by empowering anyone to ask questions and get answers from data. The company pioneered the first true Live Analytics platform, where every employee, regardless of technical sophistication, could use search to extract insights from their cloud data platform and take action on them. Today, customers like Harri, Frontify, and Accern rely on ThoughtSpot as the experience layer of their modern data stack. With ThoughtSpot for Sheets, this same interactive, intuitive analytics experience is being extended to the tremendous amounts of data and information stored in spreadsheets. While much of the business world’s data has moved to cloud data platforms, the reality is a massive amount of data remains in spreadsheets. More than a billion users engage with Google Sheets, and research suggests that 40% of spreadsheet users struggle to make sense of their data in spreadsheets. Historically, analyzing the data in these sheets required a deep understanding of spreadsheet best practices and operations, or moving this data into an analytics solution. ThoughtSpot for Sheets dramatically simplifies this process. Analyzing this data is as simple as asking a question in simple natural language, without needing to purchase any software or move any data. “ThoughtSpot is the platform for the masses, for everyday people to be able to ask questions of their cloud data and get reliable answers back instantly. But we know to truly advance our mission of building a more fact-driven world, we must go beyond the more robust, mature cloud data platforms, and be anywhere data lives. That includes spreadsheets. “ThoughtSpot for Sheets makes it possible for any individual to experience the power of self-service analytics and get answers, exactly when and where they need them.” Sumeet Arora, Chief Development Officer, ThoughtSpot "There are millions of companies that use Google spreadsheets every day. For many, spreadsheets remain a center of gravity or a necessary extension for data analysis and critical rapid decision-making. What ThoughtSpot has done here is so powerful yet so simple,” said Anand Thaker, martech industry expert and Exec GTM Advisor. “By bringing the power of search directly to where data lives for these companies, ThoughtSpot for Sheets will enable hundreds of millions of users to analyze data and share insights within their current agile workflows." “The biggest obstacle in analytics for most companies is the constant battle to scour their marketing data for value,” said John Wall, Partner, Trust Insights and Host of Marketing Over Coffee. “ThoughtSpot for Sheets provides a quick and easy solution that any marketer can use to master their spreadsheet data.” “Nearly everyone has interacted with spreadsheets at some point in their professional lives. While spreadsheets are extremely powerful, they lack the data connectivity needed to be truly useful and trusted across a company,” said Ben Crosswell, COO, Coefficient. “With our new integration with ThoughtSpot for Sheets, it’s incredibly easy to leverage live company data directly from Google Sheets to explore insights with ThoughtSpot for Sheets, and share those insights across the company. We’re in a new era of empowering the business user, and we’re happy to be working together to help teams take advantage.” “Every marketer today engages with data in some capacity, whether to measure and optimize campaigns, deliver exceptional customer experiences, or shape products and services. With data coming from so many different applications and sources, our customers unlock tremendous value by bringing this data into spreadsheets for analysis. But exploring this data, finding insights, and creating charts and visualizations can be both challenging and time consuming,” said Mikael Thuneberg, Founder & CEO, Supermetrics. “With ThoughtSpot for Sheets, our customers can now sync all their marketing data to Sheets with Supermetrics and then instantly search to explore their data, visualize insights, and share those with others to create efficient, delightful marketing.” The launch of ThoughtSpot for Sheets comes on the heels of ThoughtSpot’s year focused on democratizing the Modern Analytics Cloud, including the launch of new Team and Pro editions that make ThoughtSpot affordable for every size team and budget. About ThoughtSpot ThoughtSpot is the Modern Analytics Cloud company. Our mission is to create a more fact-driven world with the easiest to use analytics platform. With ThoughtSpot, anyone can leverage natural language search and AI to find data insights and tap into the most cutting edge innovations the cloud data ecosystem has to offer. Companies can put the power of their modern data stack in the hands of every employee, extend the value of their data to partners and customers, and automate entire business processes. ThoughtSpot enables everyone within an organization to limitlessly engage with live data regardless of their cloud data platform, making it easy to achieve granular, actionable insights through Live Analytics. Customers can take advantage of ThoughtSpot’s web and mobile applications to improve decision making for every employee. With ThoughtSpot’s developer-friendly platform, ThoughtSpot Everywhere, customers can also bring the Modern Analytics Cloud to their products and services, engaging users and keep them coming back for more. Organizations like BT, T-Mobile, Snowflake, HubSpot, Exxon, Daimler, Medtronic, Hulu, Royal Bank of Canada, Nasdaq, OpenTable, Workato, and Nationwide Building Society rely on ThoughtSpot to transform how their employees and customers take advantage of data.

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BUSINESS INTELLIGENCE, BIG DATA MANAGEMENT

ActionIQ Launches HybridCompute, Empowering IT Leaders to Build Composable Customer Data Stacks

ActionIQ | September 14, 2022

ActionIQ, the leader in customer experience (CX) solutions that deliver actionable insight from customer data, today announced the launch of HybridCompute, a new feature of the AIQ InfiniteCompute technology that removes the requirement to replicate and move data, allowing enterprise IT teams to unbundle their customer data stack and take full control over where data is stored and queried. The AIQ CX Hub with HybridCompute now seamlessly integrates directly on top of cloud data lakes, helping enterprise IT teams maximize the value of existing technology investments, while empowering business users with drag and drop simplicity. . InfiniteCompute is the data infrastructure technology that delivers unlimited computational power, making it possible for AIQ to manage and process more data than any other solution available. And with the addition of HybridCompute, InfiniteCompute can query data stored across multiple systems, enabling analytics anywhere data lives and post-processing that provides a consistent view of data across the entire AIQ CX Hub. "AIQ's mission has always been to empower IT and business leaders to orchestrate personalized customer experiences at scale, and we've approached innovations in infrastructure as a key enabler to that. "However, a lot has changed in data infrastructure space over the last 8 years since we started on that mission. Many companies have made investments to consolidate their customer data into a cloud data lake, and the gap to leveraging that data is less on data unification and more on simplified business access." Justin DeBrabant, Senior Vice President of Product at AIQ "We want to meet our customers wherever they are on their data infrastructure journey, and help them generate greater value on those investments by providing them scalable storage and compute infrastructure when they need it, or the ability to query the data where it is with HybridCompute if they've already done the work of data unification. And importantly, they won't need to choose all of one or the other, as InfiniteCompute will span seamlessly across any of these systems," he continued. The AIQ CX Hub with HybridCompute gives enterprise IT teams the ability to unbundle their customer data stack, significantly streamlining resources, increasing flexibility, generating greater value on IT investments and driving accelerated CX transformation. "By 2024, 80% of CIOs surveyed will list modular business redesign through composability, as a top-five reason for accelerated business performance," cites "Predicts 2022: Composable Applications Accelerate Digital Business" a Gartner® report published Dec. 1, 2021. The report goes on to say, "Composable digital business will use digital resources to cope with the rapid pace of business change, unfamiliar risks, diversifying customer expectations, and business, economic, societal and other uncertainties." See also related announcements today and this week on partnerships with Databricks, Snowflake and Teradata to integrate HybridCompute and maximize value of existing investments. Enterprise brands such as Autodesk, M&T Bank, The New York Times, Neiman Marcus, Hertz and many more use the AIQ CX Hub to drive growth through extraordinary customer experiences. About ActionIQ AIQ brings order to CX chaos. Our Customer Experience Hub empowers everyone to be a CX champion by giving business teams the freedom to explore and action on customer data while helping technical teams extend and enhance existing technology investments to manage data governance, costs and performance. Enterprise brands such as Autodesk, M&T Bank, The New York Times, Neiman Marcus, Hertz and many more use our CX Hub to drive growth through extraordinary customer experiences.

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Spotlight

With Datameer Smart Analytics, Datameer adds major new capabilities that makes it even easier to find the signal in all of the noise of your data. Using data mining technologies,Smart Analytics adds analytic algorithms that automatically identifies patterns, relationships and correlations within any data.

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