Big Data Management
PR Newswire | September 27, 2023
Congruity360, a leading unstructured data management and risk mitigation provider, announces the addition of data mobility in Enterprise Insights.
As unstructured data grows at the annual rate of 55% to 65% and accounts for more than 80% of all enterprise data, businesses must find a way to identify, classify and move data intelligently and automatically during its lifecycle. As enterprises grow, their valuable data must mature with their business. This may require a journey to the cloud, SLA changes which optimize storage costs, classification to mitigate risk, and moving the right data to additional key AI platform initiatives.
A simple, scalable, high-performance data classification engine, Enterprise Insights delivers next-generation data lifecycle management for storage optimization, security and risk optimization, and IT business optimization.
Enterprise Insights Approach to Successful Data Optimization:
Identify – Securely analyze PBs of unstructured data across on premises (NAS & object) and cloud (files/objects & SaaS) sources by harnessing the power of the platform's rapid insights and auto-discover technologies, which can reduce data identification times by 1,000%.
Classify – Quickly identify key client data attributes for cost savings, risk mitigation, and business impact with simple to consume dashboards and drill down capabilities.
Review – Confidently create and take actions by leveraging the comprehensive search engine to quickly find and preview data for movement without ever leaving the platform.
Remediate – Seamlessly take action (migrate and tier) on classified data to ensure it's properly protected, optimally stored, and most effectively serving the business.
Enterprise Insights offers three use case-driven insight analysis modules:
Storage and Migration Optimization – Insights into over 35 file data attributes including systems' aged, stale, obsolete, redundant, trivial, and types of systems files.
Business Optimization – Insight into and classification by business units' or cost centers' aged, stale, obsolete, redundant, trivial, and types of files.
Data Security and Risk Optimization – Insights into files containing PII and SPII, financial, legal, security, and risk data, as well as open shares and other network & storage security vulnerabilities.
By leveraging Enterprise Insights, clients can classify data for simple and secure migration both on premise and in the cloud. Equally important is Insights data tiering capabilities, enabling users to match data storage costs to data usage.
Powered by the Classify360 Platform, Enterprise Insights' secure hybrid approach to data analysis scales capabilities to exabyte levels at unmatched speed. Enterprise Insights is the industry's most powerful weapon to tackle the costs, time, and complexity of cloud migration projects, backup modernization, storage tiering, hardware refresh, and security posture management. By providing users with dashboards highlighting their existing storage costs and risks, Enterprise Insights frees clients from hidden, legacy, CapEx and OpEx expenditures, performance, and scalability bottlenecks while discovering and acting on sensitive and risk data.
Unstructured data insanity is treating all data equally with zero insights into its business impact, said Brian Davidson, Chief Executive Officer and Managing Partner of Congruity360. Enterprise Insights is the first step in implementing optimized data lifecycle management. With historically high data growth and new business uses for unstructured data, it is essential to attack the costs and risks inherent in unmanaged data. Our customers have realized 7-10x returns on their data lifecycle management implementations while reducing risk in an auditable compliance framework. As AI continues to gain steam, don't overpay by moving useless data to your expensive AI platforms.
The Classify360 Platform is comprehensive, simple to implement, scale, and operate. Businesses leverage the Classify360 Platform for unstructured data discovery, classification, business workflows, remediation actions, and insightful reporting. Congruity360 continues to tackle additional data governance challenges through innovations to the Classify360 Platform to continue delivering revolutionary data governance and classification, at scale, to the enterprise world.
ABOUT CONGRUITY360
Congruity360 delivers the only data life cycle management solution built on a foundation of classification, by expert data storage engineers alongside expert data privacy consultants. The Classify360 Platform is easy to implement, requires no outside consultants, and quickly analyzes your data at the petabyte scale in days, not weeks or months.
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Data Science
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.
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Big Data Management
Reltio | September 20, 2023
Reltio, a leading modern data management solutions provider, has introduced an innovative AI-powered Master Data Management (MDM) solution. For over a decade, Reltio has been a pioneer in data management, offering a leading cloud-native SaaS MDM solution. The firm is poised to preview novel AI-driven capabilities tailored to meet the growing demand for delivering customers more insightful and timely intelligence powered by reliable data.
Participants at the upcoming DataDriven23 conference, taking place from October 3 to 5 in Dallas, TX, will have the opportunity to directly engage with Reltio's innovations and witness how AI is poised to revolutionize MDM, enhancing the quality of data that shapes business outcomes.
During the event, experts will showcase three pivotal AI-driven solution capabilities designed to drive remarkable 10X enhancements:
Generative AI-driven Search and Data Visualizations: Powered by Reltio's AI-powered MDM platform, enterprises can swiftly pinpoint critical data segments and data visualizations to the Reltio UI, facilitated by a conversational interface powered by GenAI. This simplifies the process of data analysis within Reltio.
Increased Data Steward Productivity: Harnessing the power of Machine Learning, Reltio's latest capabilities aim to further automate entity resolution and data quality management processes and enhance data precision while boosting data steward efficiency by 10X.
Automated Predictions: Reltio's new AI-driven MDM platform empowers businesses to effortlessly anticipate key insights using propensity models. This aids in identifying crucial customer segments, thereby fostering higher customer acquisition and retention rates.
Reltio remains committed to continuous investment in machine learning-based automation within Reltio's Connected Data Platform 2023.3. This includes the introduction of new features in entity resolution and data quality anomaly detection designed to expedite MDM implementations, fortify data unification, and elevate the productivity of data teams.
About Reltio
Reltio, a renowned leader in modern data management, believes steadfastly in the critical role of data in driving business achievements. The firm is well-known for its cutting-edge data management platform, which effortlessly integrates vital data from different sources into a unified repository of reliable information. This combination of pristine, interconnected, and actionable data empowers Reltio's esteemed clientele to enhance operational efficiency, mitigate risk, and foster sustainable growth. The solution has received praise and is utilized by prominent corporate brands across a wide range of sectors in over 140 countries.
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Big Data Management
GlobeNewswire | October 06, 2023
Act-On Software, a provider of enterprise marketing automation solutions that leads the market in ease-of-use and user efficiency, today launched another win for marketers: Act-On Advanced Analytics, a deep-dive analytics and custom reporting suite powered by AI.
Act-On Analytics removes the need for marketers to lean on IT and data analysts to perform custom analytics on marketing campaigns, and puts the power in their hands with valuable, easy-to-understand, and shareable reporting and dashboards.
The new Act-On Advanced Analytics suite builds on Act-On’s standard out-of-the-box performance reporting to include custom reports and dashboards from any data set, with flexible filtering and visualization, much like a business intelligence (BI) tool. Act-On Advanced Analytics suite includes updated funnel performance and revenue impact reports, natural language querying (NLP), and AI-driven insights. Using the built-in AI capabilities, users can ask Act-On to build unique reports or uncover previously-unknown insights.
“This analytics suite is another great feature from Act-On that allows my marketing team to quantify results of our campaigns and take action to maximize success,” said Brandon Hardy, Digital Marketing Strategist at Tower Federal Credit Union, an Act-On client. “The customizable reporting and dashboards give us clear, easy-to-share information and allow us to collect valuable insights and trends from our campaigns. The new analytics suite really gives us the power to confidently move forward with strong business intelligence.”
This release also builds on Act-On’s mission to align Marketing closer to Sales. Analytics users can create custom dashboards for sales and share reports and alerts, informing employees across the go-to-market organization of time-sensitive information. Users across departments can even set up their own personal custom dashboards.
Act-On Business Analytics provides sophisticated reporting on marketing Funnel Performance, Attribution reporting, and Revenue Impact reports to analyze which campaigns and programs drive the most revenue.
For those who want to dive deeper, Act-On has a powerful analytics engine assisted by AI that analyzes any data set in the system, with custom filters, and cross segments with other data. With Act-On Advanced Analytics, marketing users can customize reports to deeply understand marketing performance and customer engagement. AI analysis identifies trends, correlations and outliers.
Act-On Analytics suite is fueled by Act-On’s cloud-based customer data lake, designed to incorporate first party, third party, and customer custom data for analysis to drive more informed and effective marketing. Act-On customers also continue to have access to Data Studio to export their data in common data formats for offline analysis.
This is a true analytics package within Act-On with the power and flexibility of BI, Act-On SVP of Marketing Jeff Day said. Marketers need to be able to deeply analyze their campaigns and channels to make performance improvements. And true to Act-On’s mission of making Marketing Automation easy for the enterprise customer, with this BI engine embedded into Act-On, we make custom analytics easy for all Act-On users.
Act-On Analytics is one of several advanced AI features Act-On has released this year:
Act-On AI Create, a generative email content tool for marketing emails powered by OpenAI
Act-On AI Predictive Lead Score, a feature to help marketers narrow the marketing funnel and hone in on the strongest leads
Act-On AI Audience Insights, developed in collaboration with Intel
And now, Act-On Advanced Analytics with AI
“We are super excited about our innovations in AI and the value, efficiency and performance this brings our customers,” Act-On CEO Kate Johnson said. “While we see other vendors letting their MA products languish, or even divest, we at Act-On have an aggressive roadmap for innovation as we chart the course to Marketing Automation 3.0.”
About Act-On Software
Act-On Software provides solutions that empower marketers to engage marketing targets at every step of the customer lifecycle. Act-On makes customer data actionable so marketers can dream big and build smart, effective marketing programs to grow their businesses and generate higher customer lifetime value – all with the fastest time-to-value.
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