Rolls-Royce leads data analytics alliance with its sights set on COVID-19 economic recovery

theregister | April 08, 2020

First data was the new oil, then Google said data is more like sunlight. A flood of organisations proposing big data insight into the COVID-19 response would have anyone believe it is the new medicine.One of the more noteworthy initiatives comes from industrial group and aircraft engine manufacturer Rolls-Royce. It is spearheading a cross-industry group with a mission to harness data and analytics not just to provide timely information about the virus outbreak, but also to mitigate its economic impact.In a trading statement last week, Rolls-Royce said its R2 Data Labs had "assembled an alliance of leading companies across commerce, banking, travel, technology and research to use data analytics to find new and practical ways to support the global response to the virus".Although the company has not named the parties it is working with, or details of its technical approach, in a blog published yesterday, Caroline Gorski, director of R2 Data Labs, said the aim is to "bring together datasets from all across industry that have not usually been accessible to the public domain"We believe that if we can contribute datasets that wouldn't otherwise be released outside a company or industry's domain, then we can open up the realm of possibility," she added.She assured that such data would be shared over "secured systems and infrastructure using ISO-approved protocols" and that the group would employ anonymisation, desensitisation and privacy protection services where necessary.

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BIG DATA MANAGEMENT

Talend Acquires Gamma Soft, a Market Innovator in Change Data Capture

Talend | April 11, 2022

Talend, a global leader in data integration and management, announced today it has acquired Gamma Soft, a market innovator in change data capture (CDC). The addition of Gamma Soft's highly complementary, enterprise-class change data capture technologies will help customers streamline their data modernization initiatives, including cloud migrations, and support advanced, real-time analytics use cases across hybrid and multi-cloud environments. Today, many organizations rely on brittle, hand-coded integrations, or rely on multiple data management tools with redundant capabilities across integration, replication, modeling, preparation, quality, cataloging, and governance. With the combination of Talend and Gamma Soft, data professionals will be able to solve more use cases that require support for quickly changing data faster and easier than ever on a single end-to-end solution. "We are thrilled to welcome the talented Gamma Soft team to Talend. Complementary to our product portfolio, Gamma Soft deepens our already comprehensive integration capabilities and gives us new functionality for enabling advanced, real-time business insight. More broadly, Gamma Soft extends the value we provide customers in helping them quickly build, continually monitor, and easily optimize enterprise-wide data health." Christal Bemont, CEO, Talend Headquartered in Paris, France, Gamma Soft helps companies continuously track and replicate changed data in real time from a source, such as data warehouses, data lakes, and other databases, to a destination without requiring the entire data set to be extracted. This process provides multiple benefits, including streamlining and accelerating cloud data migration projects and enabling real-time business optics to drive everything from supply-chain optimization to fraud detection. "Change data capture technologies offer speed, accuracy, and agility in data replication that can help businesses successfully optimize their real-time analytics and cloud migration initiatives," said Stewart Bond, Research Director, IDC. "According to our recent market forecast, taking control of dynamic data is a high priority for companies that need to continue their digital transformation and plan for digital resiliency. Bringing Gamma Soft into Talend's product portfolio is a great add for Talend and for its customers." Véronique Goussard, general manager, Gamma Soft said, "Joining Talend is a great fit from a product and cultural perspective for Gamma Soft and for our customers. Talend will help take our CDC capabilities to the next level and provide customers with a single, end-to-end solution to successfully execute on data strategies that rely on quickly capturing changing data for analysis in cloud, hybrid or multi-cloud implementations." About Talend Talend, a leader in data integration and data management, is changing the way the world makes decisions. Talend Data Fabric is the only platform that seamlessly combines an extensive range of data integration and governance capabilities to actively manage the health of corporate information. This unified approach is unique and essential to delivering complete, clean, and uncompromised data in real-time to all employees. It has made it possible to create innovations like the Talend Trust Score™, an industry-first assessment that instantly quantifies the reliability of any data set.

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BIG DATA MANAGEMENT

HCL Technologies Acquires Hungarian Data Engineering Services Company Starschema

HCL Technologies | January 17, 2022

HCL Technologies (HCL), a leading global technology company, signed a definitive agreement for the acquisition of Starschema, a leading provider of data engineering services, based in Budapest, Hungary. The strategic acquisition will bolster HCL’s capability in digital engineering -- driven by data engineering -- and increase its presence in Central and Eastern Europe. Starschema provides consulting, technology and managed services in data engineering to Global 2000 companies in the U.S. and Europe. The acquisition combines Starschema’s high-value capabilities and data-focused expertise with HCL’s existing presence in industry segments undergoing data-driven transformation. In addition, HCL will strengthen its position in data engineering, which is an integral part of the company’s digital engineering capabilities and next-generation offerings. “Joining HCL will enable us to keep our strategic focus and expand our data engineering capacity to provide a greater breadth and depth of services to clients. As part of HCL’s full spectrum of technology services, we will leverage our expertise in data engineering and emerging data technologies to solve companies’ data challenges, through building fast, scalable solutions that make people more effective and companies more profitable. This strategic move also represents exemplary career growth opportunities for our people.” Tamas Foldi, Founder and CEO, Starschema “Starschema will strengthen our data engineering capabilities, providing us with the ability to leverage its solutions and talent in Central and Eastern Europe,” said Vijay Guntur, President, Engineering and R&D Services, HCL Technologies. “Starschema’s capabilities will further scale HCL’s data engineering competencies at our integrated delivery centers across the world. Engineering talent will continue to remain in high demand, and Starschema offers a specialized talent pool in a strategic growth area for HCL. Following the acquisition, HCL will be able to offer data engineering consulting and near-shore access to digital engineering services to a wide base of clients.” The transaction is subject to regulatory clearance from the Hungarian Ministry of Innovation and Technology and is expected to close in March 2022.

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BIG DATA MANAGEMENT

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

Fluree | December 27, 2021

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

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BUSINESS STRATEGY

Revenue Growth and Increased Profitability mark Subex’s Q2FY21 Results

subex | November 09, 2020

Subex, a pioneer in the space of Digital Trust, today announced its consolidated financial results for the quarter ended September 30, 2020. Performance Highlights for the quarter ended September 30, 2020: Revenue for the quarter at INR 933 million as against INR 857 million in Q2FY20 EBITDA for the quarter at INR 254 million as against INR 207 million in Q2FY20 EBITDA excluding Forex gains/losses for the quarter at INR 298 million as against INR ­­­178 million in Q2FY20 Profit after Tax (PAT) for the quarter at INR 123 million as against INR 63 million in Q2FY20 Vinod Kumar, Managing Director & CEO, Subex, said, “During a period where the industry as a whole is continuing to come to grips with the ‘new normal’, we are very pleased to report both revenue and profit growth for the second quarter of FY21. Market traction, along with our singular focus on Digital Trust, is slowly building the growth momentum. Despite the challenges of remote working, we are performing well on delivery and operations. With the recent appointment of our new CTO, we have augmented the management bandwidth required to drive an exciting product roadmap intended to expand our digital trust portfolio. We will also be strengthening our engagement with global strategic partners around our new solutions and technology areas such as blockchain, AI/ML to drive wider market adoption.“ Commenting on the results, Anil Singhvi, Chairman of the board, said, “Despite business challenges globally due to Pandemic, Subex has done very well. Continued good performance on all fronts, cleaned up balance sheet and improved free cash flows, are enabling us to invest in newer businesses and service our reduced capital base well” Highlights of the Quarter Launched Partner Ecosystem Management which will allow CSPs to accelerate their digital services portfolio expansion Listed as a Sample Provider for Augmented Analytics in Gartner’s Emerging Technologies and Trends Impact Radar for Artificial Intelligence in Telecom report Selected by a Tier-I Middle East operator for ROC Revenue Assurance and ROC Fraud Management Secured a new deal with a regulatory body in Africa to validate the revenues reported by operators in the region and the associated license fees Update on Capital Reduction Completed the capital reduction process Trading of new Subex shares commenced w.e.f. 5th November, 2020 About Subex Subex is a pioneer in enabling Digital Trust for businesses across the globe. Founded in 1994, Subex has spent over 25 years in helping global Communications Service Providers maximize their revenues and profitability. With a legacy of having served the market through its world-class solutions for business optimization and analytics, Subex is now leading the way by enabling all-round Digital Trust in the business ecosystems of its customers. Focusing on privacy, security, risk mitigation, predictability, and confidence in data, Subex helps businesses embrace the disruptive changes in the business landscape and succeed with Digital Trust. Subex leverages its award-winning product portfolio in areas such as Revenue Assurance, Fraud Management, Network Analytics, and Partner Management, and complements them through its digital solutions such as IoT Security and Insights. Subex also offers scalable Managed Services and Business Consulting services. Subex has more than 300 installations across 90+ countries.

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Spotlight

To find business value in big data, including streaming data, geospatial data and text, you need access to the most advanced predictive analytics techniques. Watch this one-minute video to see how IBM is leading the way with advanced analytics capabilities to help organizations like yours on the journey to deeper insights.

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