BIG DATA MANAGEMENT

Pathr.ai Unveils New Spatial Intelligence Analytics Tools for Retailers to Help Drive In-Store Profitability, Increase ROI

Pathr.ai | January 15, 2022

Pathr.ai, the industry's first and only artificial intelligence (AI) powered spatial intelligence platform, today announced three powerful new spatial intelligence analytics tools focused on helping retailers drive in-store profitability. Pathr.ai’s CPG Display Tool, True Conversion Rate Tool, and Brand Effect vs. Location Tool are all designed to deliver previously unavailable business insights that empower retailers to obtain higher levels of revenue and make stronger business decisions for their physical stores.

“Retailers today lack in-store analytics around customer behavior - critical information that can lead to increased profitability and improved business outcomes. We designed our new tools to address some of the most pressing concerns for retailers,” said George Shaw, CEO and Founder of Pathr.ai. “In addition to our Brand Effect vs. Location Tool and True Conversion Rate Tool, now, for the first time ever, retailers will be able to assess the effectiveness of CPG brands at their stores with our CPG Display Tool.”

Pathr.ai’s new tools include:

  • CPG Display Tool: For the first time ever, retailers have a solution that helps them assess the effectiveness of CPG brands at their stores with store-level data to directly measure and maximize the impact of Category Management efforts. By analyzing shopper traffic and dwell impressions within various store departments, retailers can enhance their strategic CPG brand partnerships by offering them valuable data to improve their merchandise placement and marketing promotions. This information also allows CPG brands to better understand how their products are performing in different areas of a store and can be a potentially lucrative new data source for retailers.
  • True Conversion Rate Tool: Allows retailers to quantify group size dynamics in their locations (ex: families, couples, or singles) and delivers a more accurate buyer conversion rate for retailers. This is a huge departure from how the conversion rate is typically calculated, with most retailers measuring individuals, not groups. If a family of 4 enters a retail location, usually only one person from that family will pay for a product, not all 4. In addition to a more accurate conversion rate, this data can also be used to inform merchandising and in-store promotion initiatives.
  • Brand Effect vs. Location Tool: Lets retailers assess how effective their store-within-a-store brands and locations are performing. For example, retailers can leverage this data to understand the full business impact of their store-within-a-store, assessing if that location resulted in traffic to other areas or if it outperformed conventional sections of their store. Retailers can quantify traffic and dwell times around store-within-a-store locations to benchmark rents for each area and guide potential adjustments in location and surrounding store signage to improve performance.

“Spatial Intelligence can be a powerful asset to retailers focused on maximizing their profits and improving operational efficiencies critical to their success. We’ve created our insight tools to empower retailers to make business decisions in an accurate and data-driven way, and ultimately share that insight with their CPG supplier base.”

Alan Flohr, Chief Revenue Officer of Pathr.ai

Pathr.ai integrates and collects data from a retailer’s existing camera infrastructure. It measures customer movement inside a physical space anonymously - allowing companies to comply with GDPR and CCPA standards and achieve positive business results in an unbiased way.

About Pathr.ai
Pathr.ai is the industry’s first AI-powered spatial intelligence software company that uses anonymous location data from available and existing infrastructure to observe human behavior in any physical space. Its sophisticated technology turns raw behavioral and spatial data from existing sensors into actionable and applied business learnings - allowing companies to drive the business results that matter most to the growth of their companies in real-time. Founded in 2019, Pathr.ai is headquartered in Mountain View, California.

Spotlight

As governments across the globe aim to extend banking services to the underserved and unbanked segments, banks and financial services rms are introducing innovative products and services to cater to the needs of these new customer segments. While the need of the hour for banks is to act fast to counter competition, but it is as important to control costs, comply with regulations, and continually adjust business strategies in response to disruptive technology and industry changes.


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BUSINESS INTELLIGENCE,BIG DATA MANAGEMENT,DATA ARCHITECTURE`

SAS and SingleStore deliver next-generation data and analytics architecture

SAS | August 23, 2022

Analytics leader SAS has joined forces with SingleStore to help organizations remove barriers to data access, maximize performance and scalability, and uncover key data-driven insights. SAS® Viya® with SingleStore enables the use of SAS analytics and AI technology on data stored in SingleStore's cloud-native real-time database. The integration provides flexible, open access to curated data to help accelerate value for cloud, hybrid and on-premises deployments. "The economic costs of storage and infrastructure, as well as the complexity of data integration and manual processing, often obstruct today's technology leaders from making decisions quickly and effectively," said Carl Olofson, Research Vice President of Data Management Software at IDC. "By moving more intelligence capabilities closer to their data, organizations can greatly improve productivity and performance, reduce economic costs and accelerate data-driven decisions." Through SingleStore's data compression and SAS' analytic performance, the companies aim to reduce the complexity of data management and integration, as well as the computational time required to train sophisticated models. "For many organizations, repetitive data movement, manual processes and isolated data islands make it difficult to quickly derive value from analytics. "SAS Viya with SingleStore delivers a game-changing set of capabilities that simplifies and accelerates the iterative data and analytics loops to improve speed-to-decision and unlock that critical value." Bryan Harris, Chief Technology Officer at SAS SAS Viya with SingleStore enables the advanced AI and machine learning analytics of SAS to be executed directly against relational database tables in SingleStore. By delivering this capability, SAS and SingleStore will considerably reduce customers' technical debt of duplicative data stores, helping improve analytic workload performance and ultimately uncover key competitive advantages. "The integration of SingleStore's hybrid, multi-cloud database into the parallel analytics engine, SAS Viya, will dramatically improve performance, reduce cost, and enable real-time applications for organizations," said Raj Verma, CEO of SingleStore. "Personally, it is a privilege to partner with the company that practically invented analytics, AI and ML. I have long admired SAS in terms of its technology, culture and leadership, and to partner with them as they reinvent the space is both an honor and an exciting opportunity." In December 2020, SingleStore announced a strategic relationship with SAS. Learn more about the SAS Viya with SingleStore integration, which is available now, at sas.com/viya-singlestore and singlestore.com/partners/sas-viya/. About SingleStore SingleStore provides an ultra-fast modern cloud database designed for the data-intensive era. SingleStore unifies all data by combining transactions and analytics into one powerful distributed, multi-model database that delivers exceptional performance while reducing cost and complexity. Organizations across the globe use SingleStore to build modern applications, to deliver fast analytics, and to eliminate database sprawl. SingleStore is available on all the leading clouds as SaaS, hybrid, and on-premises deployments. About SAS SAS is the leader in analytics. Through innovative software and services, SAS empowers and inspires customers around the world to transform data into intelligence.

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BUSINESS INTELLIGENCE,BIG DATA MANAGEMENT,DATA SCIENCE

Syniti Announces Partnership with Global IT Solutions Aggregator TD SYNNEX

Syniti | September 01, 2022

Syniti, a global leader in enterprise data management, announced today a new partnership with TD SYNNEX, a global IT distributor and solutions aggregator formed through the merger of Tech Data and Synnex. This partnership will provide enterprises with new access to Syniti's award-winning data management solutions. The first solution available through this new partnership is Syniti Replicate, a data replication software with change data capture that enables the timely, relevant data enterprises need to make critical business decisions and support transformative experiences. Having accurate, decision-relevant information available quickly is crucial for many tasks in enterprises of all sizes, whether that's running high-speed analytics or supporting business intelligence applications. With Syniti Replicate, enterprises can: Deliver fresh data to analytics and decision makers to get immediate insights Reduce stress on production systems enabling improved overall system performance Migrate data away from difficult to access legacy systems meaning users can access data faster Democratize data across the entire organization with the consolidation of data from numerous sources into a central data lake With a user-friendly, wizard-based graphic interface, configuration is faster and easier which means businesses can more quickly deploy and may see immediate benefits. Syniti Replicate requires no coding, stored procedures or proprietary syntax to set up, which lessens the burden on internal IT teams. The software has extensive security including user and certificate authentication and supports dozens of relational databases as sources and targets, including Amazon, Oracle, SAP and Snowflake, with no additional programming. "We chose to partner with TD SYNNEX for their ability to support the growth and expansion of Syniti's direct solutions, including Syniti Replicate. More organizations can now benefit from our world-class replication engine, getting the real-time data they need to make critical business decisions and create differentiated experiences." Brian Haering, Vice President, Direct Solutions, Syniti Cheryl Neal, Vice President, Vendor Acquisition and Global Solutions, TD SYNNEX, said, "TD SYNNEX is committed to uniting IT solutions that deliver business outcomes today and unlock growth for the future. With Syniti added to our portfolio of vendor partners and providing our first data replication software capability, we're able to enrich the breadth and depth of our offerings so customers can realize business outcomes faster with their data. Syniti Replicate is available as a standalone solution or included as a component of the Syniti Knowledge Platform. About Syniti Syniti solves the world's most complex data challenges by uniquely combining intelligent, AI-driven software and vast data expertise to yield certain and superior business outcomes. For over 25 years, Syniti has partnered with the Fortune 2000 to unlock valuable insights that ignite growth, reduce risk and increase their competitive advantage. Syniti's silo-free enterprise data management platform supports data migration, data quality, data replication, master data management, analytics, data governance, and data strategy in a single, unified solution. Syniti is a portfolio company of private equity firm Bridge Growth Partners LLC. Read more at www.Syniti.com. About TD SYNNEX TD SYNNEX is a leading global distributor and solutions aggregator for the IT ecosystem. We're an innovative partner helping more than 150,000 customers in 100+ countries to maximize the value of technology investments, demonstrate business outcomes and unlock growth opportunities. Headquartered in Clearwater, Florida, and Fremont, California, TD SYNNEX' 22,000 co-workers are dedicated to uniting compelling IT products, services and solutions from 1,500+ best-in-class technology vendors. Our edge-to-cloud portfolio is anchored in some of the highest-growth technology segments including cloud, cybersecurity, big data/analytics, IoT, mobility and everything as a service. TD SYNNEX is committed to serving customers and communities, and we believe we can have a positive impact on our people and our planet, intentionally acting as a respected corporate citizen. We aspire to be a diverse and inclusive employer of choice for talent across the IT ecosystem.

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BIG DATA MANAGEMENT

Nordisk Film Adopts Qlik Cloud Analytics for Operational Efficiencies and Reduced Costs

Qlik | August 10, 2022

Qlik® today announced Nordisk Film, the Nordic region's leading creator and distributor of films, has adopted Qlik Cloud® Analytics to realize operational efficiencies, reduce costs associated with data preparation and analysis, and ultimately expand data-decision making throughout the organization. Nordisk Film is known as an industry innovator at the forefront of adopting modern technology and solutions that foster new, improved ways of working. Over the last five years, Nordisk Film has been on a journey to deploy strategies that meet modern consumer demands while leveraging fact-based decisions. Nordisk Film’s prior business intelligence systems required significant maintenance, service, and dedicated storage space and memory. This made the system difficult for users to work with and limited Nordisk’s ability to scale the use of data for decisions. Nordisk Film was also looking to increase collaboration and streamline its different computer systems and data warehouses into a single cloud platform. Nordisk Film chose to move to Qlik Cloud for importing, clearing and analyzing data in order to make more informed business decisions while leveraging Qlik Sense® SaaS. “Previously we spent a lot of time with maintenance and making sure our internal systems worked. “We migrated our old local platform to a Qlik environment, saving us time and allowing us to take advantage of the latest technical developments and improve our data structure for a more mature approach to analytics.” Mikkel Hecht Hansen, Head of BI at Nordisk Film For Nordisk Film, it is important to have a cost-effective and scalable platform, while also being able to leverage modern analytics capabilities such as augmented analytics and mobile access. “Qlik has given us a completely different dimension of new knowledge and opportunities through, among other things, Insight Advisor. Along with an easy and simple security login through Azure AD, Qlik gives us many insights and data-driven facts that help us make better decisions,” said Hansen. Insight Advisor is the AI assistant built into Qlik Sense that generates advanced analytics and insights using natural language interaction for Nordisk analytics users. Another key innovation in Qlik’s platform that is bringing value to Nordisk is Collaborative Notes, which allows employees to comment or write longer reports directly in the analytics environment. And Qlik being easy-to-learn and applicable to many different business areas has helped Nordisk Film expand analytics adoption across the business. “Nordisk Film is a great example of an incredible brand that is leveraging Qlik Cloud to accelerate its transformation into a data-driven business,” said Francisco Mateo-Sidron, Senior Vice President EMEA for Qlik. “We look forward to helping Nordisk continue to expand its ability to leverage cloud analytics for impact throughout the entire organization.” About Nordisk Film Nordisk Film is a leading Nordic entertainment and experience company focused on storytelling across platforms. We produce, market and distribute film and series, operate a leading Nordic cinema chain, is behind global game studios and PlayStation in the Nordics, and delivers digital gift card solutions to the world. Nordisk Film is a part of the leading Nordic media group Egmont, together with Story House Egmont, TV 2 in Norway, Lindhardt og Ringhof og Cappelen Damm. Egmont is a foundation, and all profits are used to develop media and to help children and young people and support film talents. We bring stories to life. 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

Alation Named Market Leader in BARC Score Data Intelligence Platforms Report

Alation | September 02, 2022

Alation Inc., the leader in enterprise data intelligence solutions, has been named a Market Leader in the inaugural BARC Score Data Intelligence Platforms report, recognizing the company’s convincing market execution and strong year-over-year global growth trajectory. The report underscores Alation’s demonstrated ability to help enterprises create a data culture where anyone can find, understand, and trust data. The BARC Score Data Intelligence Platforms report evaluates the most important international vendors of modern data intelligence platforms based on an extensive criteria catalog and customer evaluations. As a pioneer in categories including Metadata Management, Data Governance, and Data Cataloging, Alation is now a forerunner in Data Intelligence, a category that combines a range of different data components in a broader market space. Similar to how data fabric helps stitch together an organization’s business data landscape, BARC defines Agile Data Intelligence as the corresponding fabric for metadata. The report assesses vendors via comprehensive scores based on a detailed set of criteria, including the product’s global reach, the company’s total revenue, the product’s functionality as an independent data catalog, and data governance capabilities. As reported in the BARC Data Intelligence Platforms report, Alation: Has experienced a strong year-over-year global growth trajectory, particularly in EMEA and APAC, where the company is expected to continue expanding its partner network. Delivers a strong product strategy and roadmap, evidenced by the launch of Alation Cloud Service for Snowflake, a new offering that enables organizations of all sizes to catalog and govern data on Snowflake’s platform. Demonstrates a clear ability to share crowd-sourced wisdom, driving greater confidence in analytics and AI/ML by connecting every individual to governed, high-quality data and each other. Provides support for behavioral metadata, which offers an additional valuable resource on how metadata is handled across an organization. “A data intelligence platform lays the foundation for organizations creating a data culture, and empowering anyone in the business to find, understand, and trust data. “We’re proud to be recognized as a market leader by the BARC Score Data Intelligence Platforms report. Alation helps more than 400 enterprises get the most value from their data, and that’s why we are consistently recognized by top industry analyst firms. As Alation continues to expand globally, we’re excited to support organizations as they overcome their data challenges and drive widespread engagement and adoption of trusted data.” Satyen Sangani, CEO and co-founder at Alation “Organizations are understanding the significant value and benefits that data intelligence platforms provide,” said Timm Grosser, Senior Analyst Data and Analytics at BARC. “Upon analyzing the market, Alation was selected as a clear leader in the Data Intelligence Platforms report for their demonstrated ability to help customers accelerate data governance, organize business-valuable data, and choose from the data that meets their needs. Alation has refined and mastered catalog capabilities while expanding to support data collaboration, data governance, and automation offerings, catalyzing the shift toward a data-driven approach to business.” BARC describes data intelligence as “a smart and automated approach to extract, collect, and connect expert knowledge to get business value,” of which Alation expertly executes through the marriage of data intelligence and human brilliance. The report explicitly addresses data intelligence platforms, covering three main areas of focus: smart and automated extraction, collection and cross-linking of siloed, disparate metadata sources; smart support of human and machine-driven metadata curation and crowdsourcing; and smart and flexible metadata analysis to provide augmented and automated support for the needs of diverse user roles. This report follows Alation recently being named to the Constellation ShortList™ for Metadata Management, Data Cataloging, and Data Governance in Q3 2022 for the third consecutive year; recognized as a leader in the IDC MarketScape: Worldwide Data Catalog Software 2022 Vendor Assessment for the second successive year; named a top vendor in the Dresner Advisory Services’ 2022 Wisdom of Crowds Data Catalog Market Study for the sixth consecutive year; and recognized as Data Governance Partner of the Year by Snowflake, the Data Cloud company, for the second consecutive year. About Alation Alation is the leader in enterprise data intelligence solutions, including data search & discovery, data governance, data stewardship, analytics, and digital transformation. Alation’s initial offering dominates the data catalog market. Thanks to its powerful Behavioral Analysis Engine, inbuilt collaboration capabilities, and open interfaces, Alation combines machine learning with human insight to successfully tackle even the most demanding challenges in data and metadata management. More than 400 enterprises drive data culture, improve decision making, and realize business outcomes with Alation, including AbbVie, Allianz Global Investors, American Family Insurance, Autozone, Cisco, Draft Kings, Exelon, Fifth Third Bank, Finnair, General Mills, Munich Re, NASDAQ, Parexel, Pfizer, Salesforce, Virgin Australia, and Vistaprint.

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Spotlight

As governments across the globe aim to extend banking services to the underserved and unbanked segments, banks and financial services rms are introducing innovative products and services to cater to the needs of these new customer segments. While the need of the hour for banks is to act fast to counter competition, but it is as important to control costs, comply with regulations, and continually adjust business strategies in response to disruptive technology and industry changes.

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