BIG DATA MANAGEMENT

ScaleOut Software Releases Tools to Simplify Development of Real-Time Digital Twins for Streaming Analytics

ScaleOut Software | January 20, 2021

ScaleOut Software today released improved help for creating streaming examination applications that sudden spike in demand for its ScaleOut Digital Twin Streaming Service™. Presently designers can fabricate continuous digital twin models through a generally utilized method called a "rules motor" as an option in contrast to composing application code in programming dialects, for example, Java, C#, or JavaScript. This strategy decreases advancement time and brings down the boundary for designers and experts by killing the requirement for specific programming abilities. To guarantee quick and simple application advancement, another software instrument, called the ScaleOut Rules Engine Development Tool™, gives extensive highlights to building and testing rules motor based models.

With its capacity to promptly dissect information moving from singular information sources in milliseconds and utilize dynamic setting for every information source, the ScaleOut Digital Twin Streaming Service generally changes the manner in which ventures like telematics, security checking, medical care, coordinations, retail, and monetary administrations measure live information streams to settle on basic choices at the time. Backing for depicting application rationale utilizing a bunch of decides that are executed by a standards motor empowers the real time feature to be sent by a more extensive scope of use designers than already conceivable.

“We are excited to further simplify the development of real-time streaming analytics applications with support for rules-based digital twin models,” said Dr. William Bain, ScaleOut Software’s CEO and founder. “With the introduction of the ScaleOut Digital Twin Streaming Service, we created a breakthrough for applications that need to simultaneously track thousands of data sources. Now, the integration of an easy-to-use rules engine adds new features that make application development easier than ever.”

Benefits of the ScaleOut Rules Engine Development Tool

The ScaleOut Rules Engine Development Tool permits application designers to assemble and test constant digital twin models that investigate approaching messages from a particular information source. These models are then sent in the ScaleOut Digital Twin Streaming Service to deal with messages underway from a huge number of information sources.

Key benefits of the ScaleOut Rules Engine Development Tool include:

Fast, Simplified Application Development: The use of a rules engine lets developers describe the operations to be performed as a list of logical rules instead of requiring code to be written in a more complex programming language. Because of their simplicity, rules engines are widely used in applications where specialized programming techniques are not required.

Comprehensive Development Toolset: Application developers can build rules-based digital twin models using the ScaleOut Rules Engine Development Tool, which runs on a Windows workstation. This tool provides an intuitive graphical user interface and complete capabilities for defining rules and then validating them by testing their step-by-step execution within the tool.

Straightforward Deployment: Because the ScaleOut Digital Twin Streaming Service integrates a rules engine into its execution environment, users need only develop rules-based digital twin models and then deploy them to the service. The rules engine automatically activates the models to process incoming messages.

About ScaleOut Software

Founded in 2003, ScaleOut Software develops leading-edge software that delivers scalable, highly available, in-memory computing and streaming analytics technologies to a wide range of industries. ScaleOut Software’s in-memory computing platform enables operational intelligence by storing, updating, and analyzing fast-changing, live data so that businesses can capture perishable opportunities before the moment is lost. It has offices in Bellevue, Washington and Beaverton, Oregon.

Spotlight

This technically-oriented webinar was designed for people on the front lines of the transition to high-speed, low-latency big data systems includes a deep dive into the strategy and architecture of the GridGain's In-memory Data Fabric as well as exploring various other technologies on the market, and how they address big data challenges like distributed data grids and clusters, streaming data and accelerating Hadoop. Learn more at http://www.gridgain.com


Other News
BIG DATA MANAGEMENT

Dynamo Software Enhances Data Automation for Private Investment Industry by Acquiring Smonik Systems

Dynamo Software | August 02, 2022

Dynamo Software, Inc., a market-leading provider of end-to-end cloud software solutions for the alternative investment management industry, announced today its acquisition of Smonik Systems, a leader in data management. Smonik provides cutting-edge software that closes the gap for Limited Partners (LPs) to process both structured and unstructured data. Dynamo will enhance its world-class platform with Smonik’s automated products for data collection, extraction, validation, and reconciliation. “As the financial markets undergo further stress, Dynamo has calibrated its business to provide robust, best-in-class software for alternative asset managers and institutional investors. “At Dynamo, we have built our stack to do the heavy lifting – removing several repetitive and manual processes with configurable dashboards, workflows, and reports. Augmenting our business with Smonik’s proprietary data management and reconciliation software will further fuel our mission of being the leading global, end-to-end software platform for the alternative investments ecosystem. We are excited to welcome their impressive team to the Dynamo family.” Dynamo’s CEO Hank Boughner The Smonik acquisition, combined with the Dynamo Data Automation (DDA) software, underscores Dynamo’s steadfast commitment to focus on removing labor-intensive processes, especially those around data extraction and validation. Endowments, foundations, pensions, family offices, and funds of funds (FOF), will benefit from Smonik’s ability to reduce or completely eliminate manual data entry and processing. For example, with Smonik’s software, LPs can automate the collection and extraction of data for all investment types – including alternatives – while also adopting a data-agnostic approach to reconcile any two data sets. “Ultimately, the combined power of Dynamo and Smonik is unprecedented,” said Sethu Bijumalla, CEO and Co-Founder of Smonik Systems. “By joining Dynamo, a company backed by Blackstone and Francisco Partners, we are excited by the additional resources and support to further extend Smonik’s value to private investment clients. Additionally, our two companies are built on a culture of excellence, with seasoned professionals who are fueling high-growth, innovative software that simultaneously empowers clients to increase efficiency, reduce cost, and minimize operational risk.” “This is truly a win-win for both Dynamo and Smonik’s current and prospective clients,” added Stephen Hixon, principal and co-owner of Smonik. “Dynamo is leading this industry’s race in delivering compelling end-to-end software, and now, with Smonik, the company is further cementing its leadership in data automation for LPs. We are proud to be a part of the next chapter in Dynamo’s story.” Both Dynamo and Smonik are headquartered in the Boston, MA area, allowing the operations, sales, marketing, and product innovation teams to work closely together to ensure a seamless integration. About Smonik Systems, LLC. Smonik Systems, now a Dynamo brand, provides data management and reconciliation services to the financial services industry. Using its extensive background in investment operations, Smonik prides itself in developing tools to automate back-office manual processes. The proprietary, best-in-class software delivered by Smonik focuses on automating the entire data management workflow. This includes the collection, extraction, transformation, reconciliation, and integration of both structured and unstructured data. About Dynamo Software, Inc. Dynamo Software’s mission is to be the leading global, end-to-end cloud software platform for the alternatives ecosystem, serving the information sharing and analytical data needs of our constituents. Since 1998, the company has been providing industry-tailored, highly-configurable investment management, reporting, and data management cloud software solutions to the global alternative investment industry. Dynamo’s cloud-based solutions serve the private investment landscape including private equity and venture capital funds, real estate investment firms, infrastructure, hedge funds, endowments, pensions, foundations, prime brokers, funds of funds, family offices, and fund administrators. The Dynamo™ platform has improved productivity across the alternatives ecosystem, including CRM, fundraising, deal management, research management, investor servicing, portfolio management, and compliance teams worldwide. Dynamo has a global footprint with operations across North America, EMEA, and APAC.

Read More

BIG DATA MANAGEMENT,DATA SCIENCE

Data Complexity Untangled by Rowbot.io and Geeq’s Newly Announced Strategic Partnership

Geeq | August 29, 2022

Layer 0 blockchain innovator Geeq has signed a strategic partnership with data management platform Rowbot, enabling easier, safer solutions for enterprise data. New strategic partnership combines data validation with automated data management Blockchain-based data integrity layer to be built into Rowbot’s self-service platform Geeq Data provides a robust, lightweight, flexible and highly secure mechanism to enable timely attestations for company data. Geeq uses its proprietary blockchain protocols to ensure industry-beating security on a platform that blends seamlessly with existing systems. The benefits range from ensuring that multiple stakeholders are working with the same information, to maintaining efficient, auditable data trails with fully permissioned access. The tool is a standalone solution that can be simply integrated into companies’ own systems at low cost and without disrupting workflows. The new partnership will see Geeq Data integrated into Rowbot’s self-service enterprise data management platform, bringing Geeq efficiency to its corporate client base and streamlining implementation with a no-code interface. “The formation of this exciting relationship signals a state change for Geeq, from pure R&D to early commercialization. By offering new infrastructure to power the next generation of blockchain applications, the potential forms to leapfrog incumbent layer-zero providers – whether proof-of-work, proof-of-stake or other – as we drive straight to end-user adoption. Leveraging the power of Geeq Data with Rowbot’s sophisticated data management will accelerate transformation.” Geeq CEO Ric Asselstine Rowbot CEO Matthew Linton said: “Geeq’s pioneering protocol provides trust minimization and decentralization. This additional layer of assurance will be at the core of how assets and information are handled in future, whether in motion or at rest. We believe Geeq’s private and public blockchain solution is unmatched in this regard. Geeq overcomes the scalability barriers of time, cost and complexity while achieving public/private chain symbiosis. We are thrilled to work closely with the Geeq team, starting with their attestation capability.” About the Geeq Project Geeq is a multi-blockchain platform secured by an entirely new, patent-pending blockchain consensus mechanism, which radically reduces the cost of securely transacting value at scale. It is safe enough for highly valuable data, fast and cheap enough for IoT, and flexible enough for any use. Geeq was founded by a team of expert economists and technologists who see unrealized opportunity in decentralized technology, as existing blockchains are caught in a trade-off between scalability and security. Geeq resolves the dilemma, enabling an entirely new category of solutions that unlock blockchain’s real potential for the real world. For all inquiries please contact press@geeq.io. About Rowbot Rowbot provides powerful self-service enterprise data management that emphasizes utility and accessibility. Its automated, no-code, machine learning-enabled data management platform complements your existing IT infrastructure. The Rowbot platform democratizes access to sophisticated data management tools, enabling discoverable, interoperable, and self-describing data for non-technical domain experts to release deeper business value.

Read More

BIG DATA MANAGEMENT

Arcadia Research Data Now Available on Prognos Marketplace

Arcadia | August 16, 2022

Arcadia, the leading data analytics platform for healthcare and life sciences, today announced its availability through Prognos Marketplace. Prognos is solving for disconnected, siloed data that cannot interoperate and leaves an incomplete view of the patient, including lab results, prescription information, and medical claims. Arcadia is the first source of electronic health record (EHR) data to be included in the platform, delivering deeper clinical insights that will enable Prognos' life science customers to optimize and accelerate therapy strategies. Arcadia Research Data is built on an active EHRs and claims-based patient population data that feature comprehensive visibility across payers, multiple sites of care, and the entire clinical patient journey. Prognos Marketplace will enable linking and access to Arcadia's de-identified RWD data to drive insights for life sciences research to improve health/patient outcomes. "We are pleased to democratize access to health data at scale by joining Prognos' data partner ecosystem. "The clinical information available in our EHR data will enable these organizations to gather deeper, more accurate medical assessments that can accelerate the advancement of new, life-saving therapies to millions of patients." Jim Robbins, SVP of Life Sciences at Arcadia "Prognos' life science customers can now include Arcadia's data in their cohort searches and purchase record-level data to inform therapy targeting, map the patient journey, and support therapy launch and commercialization efforts," said Sundeep Bhan, CEO at Prognos Health. "Providing the ability to combine patients' data across all data types including lab, claims, pharmacy, EHR, mortality, and SDoH data is critical to improving patient outcomes." Connect with Arcadia at ICPE in Copenhagen to learn more about how their data can support biopharmaceutical research. About Prognos Prognos Marketplace houses harmonized lab test results from trusted sources integrated with large sources of prescriptions and medical claims. There are more than 200 billion health records for 325 million de-identified patients, with new data sources being added continually. Users can create and refine patient cohorts and then buy healthcare data through a single contract. All data purchased is available on the Datavant token, making it interoperable with other patient-level data that has been tokenized using Datavant. About Arcadia Arcadia is dedicated to happier, healthier days for all. We transform data into powerful insights that deliver results. Through our partnerships with the nation's leading health systems, payers, and life science companies, we are growing a community of innovation to improve care, maximize value, and confront emerging challenges.

Read More

BUSINESS INTELLIGENCE,BIG DATA MANAGEMENT

Fivetran Recognized For Highest Growth in Data Integration Sector in Gartner® Market Share Analysis Report

Fivetran | September 09, 2022

Fivetran, the global leader in modern data integration, today announced that Gartner has recognized the company for highest growth for Data Integration Sector in its new report, Market Share Analysis: Data Integration Software, Worldwide, 2021.1 The report found Fivetran had the highest growth in 2021. According to the report, “Fivetran grew its revenue 141.2% to reach $83 million in data integration revenue.” This is the highest growth in 2021. “Our single focus at Fivetran is delighting our customers by providing the very best solutions to accelerate data movement and analysis to render accurate business-critical decisions. “We’re proud to see our industry impact acknowledged by Gartner. We believe this recognition further validates our leading market position in modern data integration.” George Fraser, CEO of Fivetran Over the past year, Fivetran has made major advancements in supporting enterprises’ movement and integration of data, which includes the acquisition of HVR, the leader in real-time database replication. In addition, Fivetran introduced Fivetran Business Critical, delivering key security-related features and offering enterprises the highest level of protection for sensitive data. During the same time period, Fivetran increased its customer base by 75 percent. The company continues to achieve high ratings from customers in Gartner Peer Insights, and it was recognized as a 2022 Gartner® Peer Insights™ Customers’ Choice for Data Integration Tools. Fivetran’s position as the global modern data integration leader is bolstered by strong partnerships across the modern data stack. Fivetran works closely with data cloud leaders across the ecosystem to offer integrations for customers, including with Google Cloud, Databricks and Snowflake. In 2022, Fivetran was awarded the Google Cloud Global Technology Partner of the Year for its achievements helping joint customers easily move data into BigQuery. In addition, Snowflake named Fivetran its Data Integration Partner of the Year and Databricks awarded the company its Data Ingestion Partner of the Year for 2022. Fivetran has also been recognized by Gartner in the Magic Quadrant™ for Data Integration Tools2 for the third year in a row. The evaluation was based on specific criteria that analyzed the company’s product features, overall execution, and customer experience. Fivetran was recognized based on its Ability to Execute and Completeness of Vision. Thousands of global brands and large enterprises rely on Fivetran to help them make critical business decisions. Its customer roster includes leading companies across retail, financial services, and software such as: Conagra Brands, Coke One North America, Condé Nast, Databricks, JetBlue, Pitney Bowes, Saks and Square. In addition to its impressive business growth, Fivetran is consistently lauded for its strong company culture. 2022 workplace accolades include Best Companies for Millennials and Best Workplaces in the Bay Area by Great Place to Work and Fortune; Built In 2022 100 Best Places to Work in the Bay Area and Colorado and Comparably Awards for Best Leadership Teams, Best Companies for Career Growth, Best Global Culture and more. Gartner Peer Insights ‘Voice of the Customer’: Data Integration Tools, Peer Contributors, 28th January 2022 GARTNER and Magic Quadrant are 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 Fivetran Fivetran is the new standard in cloud data movement. Our mission is to make access to data as simple and reliable as electricity. Built for the cloud, Fivetran enables data teams to effortlessly centralize and transform data from hundreds of SaaS and on-prem data sources into high-performance cloud destinations. Fast-moving startups to the world’s largest companies use Fivetran to accelerate modern analytics and operational efficiency, fueling data-driven business growth. Fivetran is headquartered in Oakland, California, with offices around the world.

Read More

Spotlight

This technically-oriented webinar was designed for people on the front lines of the transition to high-speed, low-latency big data systems includes a deep dive into the strategy and architecture of the GridGain's In-memory Data Fabric as well as exploring various other technologies on the market, and how they address big data challenges like distributed data grids and clusters, streaming data and accelerating Hadoop. Learn more at http://www.gridgain.com

Resources