BIG DATA MANAGEMENT

Penguin Releases the Decentralized Data Network for Web3.0

Penguin | January 03, 2022

Recently, Penguin team has announced the launch of their decentralized data network for Web3.0. With the advancement of blockchain technology, some innovative new players are entering the market. Some are bringing the offline world to a global audience, while others transform the way we invest in our future. Decentralized applications, DeFi, NFTs, and the Metaverse, hold immense potential for future growth and real-world uses. But what the current crypto arena lacks is an independent & one-stop web service that includes a high-performance smart contract blockchain together with a decentralized storage solution. The Penguin network brings in a universal decentralized data network specifically designed for Web 3.0.

Penguin - The Decentralized Storage Platform

Exclusively designed for Web 3.0, Penguin is a peer-to-peer network of nodes, which jointly provides decentralized storage and communication service. By offering a universal decentralized data network for Web3.0, the platform can fulfill multiple roles for different areas of blockchain space. Moreover, Penguin aims to work with the blockchain industry to create decentralized applications (DApps), products, and services seamlessly accessible in Web 3.0.

A unique feature of the platform is that it offers automatic scaling; that is, an increase in storage space demand would be efficiently handled. This will eventually lead to a lowering of costs for the blockchain arena. Penguin also facilitates efficient data storage capabilities and quick data retrieval. The network is economically automated with a native protocol token, PEN, thanks to its built-in smart-contract-based incentive system.

Therefore, the purported goal of the platform is to extend the blockchain by utilizing decentralized storage and communication to position itself as a world computer that can efficiently serve as an operating system and deployment environment for dApps.

Web 3.0 - The Decentralized Internet of the Future

Web 3.0 is not merely a buzzword that tech, crypto, and venture-capital classes have become interested in lately. It aims to provide a future where distributed users and machines can seamlessly interact with data, value, and other counterparties through peer-to-peer networks, eliminating the need for any third parties. It is built majorly on three novel layers of technological innovation. Those are edge computing, decentralized data networks, and artificial intelligence. Web 3.0, built on blockchain, eliminates all big intermediaries, including centralized governing bodies or repositories.

Moreover, the most significant evolution enabled by Web 3.0 is the minimization of the trust required for coordination on a global scale. It fundamentally expands the scale and scope of human and machine interactions to a far new level. These interactions range from easy payments to richer information flows and trusted data transfers, all without passing through a fee-charging intermediary.

Web 3.0 enhances the current internet service with significant characteristics like trustless, verifiable, permissionless, self-governing, etc. This is why a permissionless, decentralized blockchain like Penguin plays a pivotal part in developing the so-called "decentralized internet of the future." Decentralized data networks like Penguin make it possible for data generators to store or sell their data without losing ownership control, compromising privacy, or reliance on intermediaries or go-betweens.

Blockchain Technology and Web 3.0

Blockchain technology and cryptocurrencies have always been an integral part of Web3.0. It provides financial incentives for anyone who wants to create, govern, contribute, or improve projects. Today the internet needs Web 3.0, a new generation of the Internet protocol that facilitates free identity, free contracts, and free assets. Blockchain technology with its advanced network fundamentals offers a near-perfect solution with in-built smart contracts for self-deployment and access, decentralized addresses as accounts, etc. Penguin, the decentralized data network, provides an available decentralized private data storage solution for all Web3.0 developers.

How Does Penguin Benefit The Development Of Web 3.0

Today we live in a data-driven world, where companies often collect massive amounts of user data and use this data with the intent to deliver value. Data privacy has become a greater concern over the past few years. However, the Internet ecosystem has fundamentally changed several concerns like data privacy and storage. This is referred to as Web 3.0, and it ensures this by deploying blockchain.

Penguin primarily focuses on data storage with zero downtime. It also features permanent versionable content storage, zero error operation, and resistance to intermittent disconnection of nodes.

With its exceptional privacy attributes like anonymous browsing, deniable storage, untraceable messaging, and file representation formats that leak no metadata, Penguin meets with the growing security demand on the web. Penguin also offers continuous service and resilience against outages or targeted attacks. The platform facilitates the creation of many products, where all products rely on APIs and SDKs provided by Penguin.

Penguin - An Infrastructure for A Self-Sovereign Society

Penguin is more than just a network; the protocol sets a strong foundation for creating a market economy around data storage and retrieval. The platform also has entered into a host of prospective and strategic partnerships and collaborations with different projects and protocols in the DeFi, GameFi, NFTs, smart contract, and other metaverse spaces. Moreover, as a platform for permissionless publication, the Penguin network promotes information freedom. The platform’s design requirements can only be met by the network native token PEN.

Some of the significant features that Web 3.0 offers are zero central point of control by removing intermediaries, complete ownership of data, sharing information in a permissionless manner, reducing hacks and data breaches with decentralized data, and interoperability.

On the other hand, Penguin aims to build an infrastructure for a self-sovereign society. Without permission and privacy, Penguin efficiently meets the needs of freedom of speech, data sovereignty, open network market, and ensuring its security through integrity protection, censorship resistance, and attack resilience.

Some of its vital meta values are Inclusivity, the need to include the underprivileged in the data economy, lowering the barrier of entry to explain complex data flows, and building decentralized applications.

The integrity of the online persona is necessary. Because Penguin is a network with open participation and offers services and permissionless access to publishing, sharing, and investing your data, users have complete freedom to express their intention and have full authority to decide whether they want to remain anonymous or share interactions.

Incentivization or economic incentives ensure that participants' behavior aligns with the network's desired emergent behavior. Finally, Impartiality guarantees content neutrality and prevents gate-keeping. It successfully rules out other values that treat any particular group as a privileged or express preference for specific content or even data from any specific source. These meta values make Penguin an efficient decentralized, permissionless data network for Web 3.0.

Penguin’s Future-Proof Design Principles - Meeting the Needs of Web 3.0

The information society and data economy have ushered in an era where online transactions and big data are pivotal for everyday life. Therefore, it is essential to have a future-proof and advanced supporting technology like Penguin. The network offers a strong guarantee for continuity. The Penguin network ensures continuity by following some general requirements or system attributes. Some of them are stable and resilient specifications and software implementation. Scalable enough to accommodate many orders of magnitude, more users, and data without lowering the performance or reliability for mass adoption, secure and resilient solution to deliberate attacks, Penguin is a self-sustaining autonomous solution that is independent of human or organizational coordination or any legal entity's business.

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Observable Announces Free Teams, an Open and Easy Way for Data Teams to Collaborate with the Largest Community of Data Practitioners

Observable | August 25, 2022

Observable, the rapidly growing data collaboration platform, today announced the introduction of free team accounts for data analysts, data scientists, developers, engineers and key decision makers, allowing them to learn from and build on each other’s work openly and publicly. The announcement follows Observable’s Series B funding round of $35.6 million earlier this year. With Free Teams, Everyone Benefits Observable’s new free team offering opens up easy collaboration using the largest collection of industry-leading, public data work occurring in Observable to the platform’s engaged community of more than five million data experts and explorers engaged. Users can create a Free Team with the click of a button and invite as many community members as they want. The notebooks are live and public so collaborators can see updates in real time, which makes it easier and faster to work together on data analysis and insights - meetings, sharing, collaborating. Users can upgrade to the paid version of Teams when they want to work with their private data securely in a private workspace. Free Teams can access nearly 700,000 custom notebooks, templates, charts, graphs and educational resources. Let Your Insights Evolve with Observable From the creators of D3, Observable is a collaborative canvas where teams explore, analyze, visualize and share data. From the simple, yet expressive Observable Plot charting tool to thousands of pre-populated templates, data teams can simply fork, import their own data and customize analytics dashboards in just a few minutes. Designed to drive better, faster decision making through actionable insights, Observable allows teams to: Use data from anywhere Inspect, transform & visualize data as a team Share insights as reports, dashboards and data apps Export and embed visualizations into other tools and websites with the click of a button Learn from and be inspired by the largest online library of visualizations “The democratization of data work and access to tools is crucial to help everyone make sense of the world with data. “By offering Free Teams, data practitioners at every experience level can create, collaborate and gain insights from their data with the help of Observable’s amazing community of data experts. There are no limits to what’s possible for open, easy data collaboration.” Melody Meckfessel, co-founder and CEO of Observable “We have sensors pulling in more than a half petabyte of data, but this data is not useful if our team can’t collectively interact with it and use it to better inform our scientific research,” said Brooks Mershon, Software Engineer at UNAVCO. “Iteration is crucial to converge on a good idea and Observable’s framework and tools allows our entire team to speed up our design and feedback loops, which fundamentally changes the game for us.” “Working with Observable and its community has been a delight,” said Jeffrey Heer, Professor, Paul G. Allen School of Computer Science & Engineering, University of Washington. “[It allows] us to disseminate work, provide interactive documentation, see how our work is being used across others' notebooks, and collaborate directly with community members. The immediate, web-based nature of notebooks supports a smooth process of development, deployment, and sharing.” About Observable Observable is the collaborative data canvas built for, and powered by community. The company was co-founded by Mike Bostock, D3.js creator, and Melody Meckfessel, former VP of Engineering at Google. Observable helps teams at more than 300 organizations such as Stitch Fix, Trase, The Washington Post and MIT make better business decisions using data.

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Mode Analytics Recognized as a Leader in Snowflake’s Modern Marketing Data Stack Report

Mode Analytics | September 30, 2022

Mode Analytics today announced that it has been recognized as a Business Intelligence Leader in the inaugural Modern Marketing Data Stack Report: Your Technology Guide to Unifying, Analyzing, and Activating the Data that Powers Amazing Customer Experiences, executed and launched by Snowflake, the Data Cloud company. Snowflake’s data-backed report identifies the best of breed solutions used by Snowflake customers to show how marketers can leverage the Snowflake Data Cloud with accompanying partner solutions to best identify, serve, and convert valuable prospects into loyal customers. By analyzing usage patterns from a pool of nearly 6,000 customers, Snowflake identified six technology categories that organizations consider when building their marketing data stacks. These categories include: Analytics Integration & Modeling Identity & Enrichment Activation & Measurement Business Intelligence Data Science & Machine Learning Focusing on companies that are active members of the Snowflake Partner Network (or ones with a comparable agreement in place with Snowflake), as well as Snowflake Marketplace Providers, the report explores each of these categories that comprise the Modern Marketing Data Stack, highlighting technology partners and their solutions as “leaders” or “ones to watch” within each category. The report also details how current Snowflake customers leverage a number of these partner technologies to enable data-driven marketing strategies and informed business decisions. Snowflake’s report provides a concrete overview of the partner solution providers and data providers marketers choose to create their data stacks. “Marketing professionals continue to expand their investment in analytics to improve their organization’s digital marketing activities. “Mode has emerged as a leader in the Modern Marketing Data Stack, with joint customers leveraging their technology to interpret insights that lead to informed business decisions.” Denise Persson, Chief Marketing Officer at Snowflake Mode was identified in Snowflake’s report as a Leader in the Business Intelligence category for its particular success with Visual Explorer, Mode’s flexible visualization system that helps analysts explore data faster and provides easy-to-interpret insights to business stakeholders. Additionally, Mode and Snowflake have partnered in the past couple of years tocreate a modern data analytics stack, mobilizing the world’s data with the Snowflake Data Cloud to help joint customers quickly execute queries and perform analysis. “Mode combines the best elements of business analytics and data science into a single platform, unlocking new ways for marketers to accelerate data-driven outcomes,” said Gaurav Rewari, CEO, Mode Analytics. “Our partnership with Snowflake makes it possible for marketing and other departments across an organization to truly centralize and interact directly with their data. With Snowflake’s single, integrated data platform, built to fully leverage the speed and flexibility of the cloud, organizations can mobilize their data in near-real time.” About Mode Analytics Mode’s advanced analytics platform is designed by data experts for data experts. It allows data scientists and analysts to visualize, analyze, and share data using a powerful end-to-end workflow that covers everything from early data exploration stages to presentation-ready shareable products. Unlike traditional business intelligence tools that produce static dashboards and reports, Mode brings the best of BI and data science together in a single platform, empowering everyone at your organization to use data to make high quality, high velocity decisions. Mode also supports the analytics community with free learning resources such as SQL School, open source SQL queries, and free tools for anyone analyzing public data.

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IBM Aims to Capture Growing Market Opportunity for Data Observability with Databand.ai Acquisition

IBM | July 07, 2022

IBM today announced it has acquired Databand.ai, a leading provider of data observability software that helps organizations fix issues with their data, including errors, pipeline failures and poor quality — before it impacts their bottom-line. Today's news further strengthens IBM's software portfolio across data, AI and automation to address the full spectrum of observability and helps businesses ensure that trustworthy data is being put into the right hands of the right users at the right time. Databand.ai is IBM's fifth acquisition in 2022 as the company continues to bolster its hybrid cloud and AI skills and capabilities. IBM has acquired more than 25 companies since Arvind Krishna became CEO in April 2020. As the volume of data continues to grow at an unprecedented pace, organizations are struggling to manage the health and quality of their data sets, which is necessary to make better business decisions and gain a competitive advantage. A rapidly growing market opportunity, data observability is quickly emerging as a key solution for helping data teams and engineers better understand the health of data in their system and automatically identify, troubleshoot and resolve issues, like anomalies, breaking data changes or pipeline failures, in near real-time. According to Gartner, every year poor data quality costs organizations an average $12.9 million. To help mitigate this challenge, the data observability market is poised for strong growth.1 Data observability takes traditional data operations to the next level by using historical trends to compute statistics about data workloads and data pipelines directly at the source, determining if they are working, and pinpointing where any problems may exist. When combined with a full stack observability strategy, it can help IT teams quickly surface and resolve issues from infrastructure and applications to data and machine learning systems. Databand.ai's open and extendable approach allows data engineering teams to easily integrate and gain observability into their data infrastructure. This acquisition will unlock more resources for Databand.ai to expand its observability capabilities for broader integrations across more of the open source and commercial solutions that power the modern data stack. Enterprises will also have full flexibility in how to run Databand.ai, whether as-a-Service (SaaS) or a self-hosted software subscription. The acquisition of Databand.ai builds on IBM's research and development investments as well as strategic acquisitions in AI and automation. By using Databand.ai with IBM Observability by Instana APM and IBM Watson Studio, IBM is well-positioned to address the full spectrum of observability across IT operations. For example, Databand.ai capabilities can alert data teams and engineers when the data they are using to fuel an analytics system is incomplete or missing. In common cases where data originates from an enterprise application, Instana can then help users quickly explain exactly where the missing data originated from and why an application service is failing. Together, Databand.ai and IBM Instana provide a more complete and explainable view of the entire application infrastructure and data platform system, which can help organizations prevent lost revenue and reputation. "Our clients are data-driven enterprises who rely on high-quality, trustworthy data to power their mission-critical processes. When they don't have access to the data they need in any given moment, their business can grind to a halt. "With the addition of Databand.ai, IBM offers the most comprehensive set of observability capabilities for IT across applications, data and machine learning, and is continuing to provide our clients and partners with the technology they need to deliver trustworthy data and AI at scale." Daniel Hernandez, General Manager for Data and AI, IBM Data observability solutions are also a key part of an organization's broader data strategy and architecture. The acquisition of Databand.ai further extends IBM's existing data fabric solution by helping ensure that the most accurate and trustworthy data is being put into the right hands at the right time – no matter where it resides. "You can't protect what you can't see, and when the data platform is ineffective, everyone is impacted –including customers," said Josh Benamram, Co-Founder and CEO, Databand.ai. "That's why global brands such as FanDuel, Agoda and Trax Retail already rely on Databand.ai to remove bad data surprises by detecting and resolving them before they create costly business impacts. Joining IBM will help us scale our software and significantly accelerate our ability to meet the evolving needs of enterprise clients." Headquartered in Tel Aviv, Israel, Databand.ai employees will join IBM Data and AI, further building on IBM's growing portfolio of Data and AI products, including its IBM Watson capabilities and IBM Cloud Pak for Data. Financial details of the deal were not disclosed. The acquisition closed on June 27, 2022. About Databand.ai Databand.ai is a product-driven technology company that provides a proactive data observability platform, which empowers data engineering teams to deliver reliable and trustworthy data. Databand.ai removes bad data surprises such as data incompleteness, anomalies, and breaking data changes by detecting and resolving issues before they create costly business impacts. Databand.ai's proactive approach ties into all stages of your data pipelines, beginning with your source data, through ingestion, transformation, and data access. Databand.ai serves organizations throughout the globe, including some of the world's largest companies in entertainment, technology, and communications. Our focus is on enabling customers to extract the maximum value from their strategic data investments. Databand.ai is backed by leading VCs Accel, Blumberg Capital, Lerer Hippeau, Differential Ventures, Ubiquity Ventures, Bessemer Venture Partners, Hyperwise, and F2. About IBM IBM is a leading global hybrid cloud and AI, and business services provider, helping clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,800 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM's hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently, and securely. IBM's breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM's legendary commitment to trust, transparency, responsibility, inclusivity, and service.

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New Relic Announces Support for Amazon VPC Flow Logs on Amazon Kinesis Data Firehose

New Relic | September 17, 2022

New Relic , the observability company, announced support for Amazon Virtual Private Cloud (Amazon VPC) Flow Logs on Amazon Kinesis Data Firehose to reduce the friction of sending logs to New Relic. Amazon VPC Flow Logs from AWS is a feature that allows customers to capture information about the IP traffic going to and from network interfaces in their Virtual Private Cloud (VPC). With New Relic support for Amazon VPC Flow Logs, both AWS and New Relic customers can quickly gain a clear understanding of a network’s performance and troubleshoot activity without impacting the network throughput or latency Network telemetry is challenging even for network engineers. To unlock cloud-scale observability, engineers need to explore VPC performance and connectivity across multiple accounts and regions to understand if an issue started in the network or somewhere else. To solve this, New Relic has streamlined the delivery of Amazon VPC Flow Logs by allowing engineers to send them to New Relic via Kinesis Data Firehose, which reliably captures, transforms, and delivers streaming data to data lakes, data stores, and analytics services. With New Relic’s simple “add data” interface, it only takes moments to configure Amazon VPC Flow Logs using the AWS Command Line Interface (AWS CLI) or an AWS CloudFormation template. Instead of digging through raw logs across multiple accounts, any engineer can begin with an Amazon Elastic Compute Cloud (Amazon EC2) instance they own and begin to explore the data that matters, regardless of the AWS account or AWS Region. “New Relic continues to invest in our relationship with AWS. Helping customers gain visibility into their cloud networking environment increases their overall application observability. “Our support for Amazon VPC shows our commitment to enhancing our joint customers’ observability experience.” Riya Shanmugam, GVP, Global Alliances and Channels at New Relic “AWS is delighted to continue our strategic collaboration with New Relic to help customers innovate and migrate faster to the cloud,” said Nishant Mehta, Director of PM – EC2 and VPC Networking at AWS. “New Relic’s connected experience for Amazon VPC Flow Logs, paired with the simplicity of using Kinesis Data Firehose, enables our joint customers to easily understand how their networks are performing, troubleshoot networking issues more quickly, and explore their VPC resources more readily.” With the New Relic support for Amazon VPC Flow Logs on Kinesis Data Firehose, customers can: Monitor and alert on network traffic from within New Relic. Visualize network performance metrics such as bytes and packets per second, as well as accepts and rejects per second across every TCP or UDP port. Explore flow log deviations to look for unexpected changes in network volume or health. Diagnose overly restrictive security group rules or potentially malicious traffic issues. ”Our architecture contains above 200 microservices running on AWS. When something goes wrong, we need to find the root cause quickly to put out what we at Gett term as ‘fires,’” said Dani Konstantinovski, Global Support Manager at Gett. “With New Relic capabilities we can identify the problem, understand exactly what services were affected, what’s the reason, and what we need to do to resolve it. New Relic gives us this observability—it helps us to provide better service for our customers.” “Proactively managing customer experience is essential to all businesses that provide part or all of their services through applications. Therefore it’s essential for engineers to have a clear understanding of their network performance and have the data needed to troubleshoot activity before it impacts customers. Also, the quality of the data is fundamental to making good decisions,” said Stephen Elliot, IDC Group Vice President, I&O, Cloud Operations and DevOps. “Solutions that ensure fast delivery of high-quality data provide engineers with the ability to act quickly and decisively with confidence, saving businesses from the costs associated with negative customer experiences.” About New Relic As a leader in observability, New Relic empowers engineers with a data-driven approach to planning, building, deploying, and running great software. New Relic delivers the only unified data platform that empowers engineers to get all telemetry—metrics, events, logs, and traces—paired with powerful full stack analysis tools to help engineers do their best work with data, not opinions. Delivered through the industry’s first usage-based consumption pricing that’s intuitive and predictable, New Relic gives engineers more value for the money by helping improve planning cycle times, change failure rates, release frequency, and mean time to resolution. This helps the world’s leading brands including Adidas Runtastic, American Red Cross, Australia Post, Banco Inter, Chegg, GoTo Group, Ryanair, Sainsbury’s, Signify Health, TopGolf, and World Fuel Services (WFS) improve uptime, reliability, and operational efficiency to deliver exceptional customer experiences that fuel innovation and growth.

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