Solutions Review Executive Editor Tim King curated this list of notable analytics and data science news for the week of September 13, 2024.
Keeping tabs on all the most relevant analytics and data science news can be a time-consuming task. As a result, our editorial team aims to provide a summary of the top headlines from the last week, in this space. Solutions Review editors will curate vendor product news, mergers and acquisitions, venture capital funding, talent acquisition, and other noteworthy analytics and data science news items.
Analytics and Data Science News for the Week of September 13, 2024
Amplitude Unveils New User Experience for Digital Analytics
Now, customers can set up the Amplitude platform with one line of code and immediately capture user actions in their app or website. Teams can also leverage out-of-the-box insights and an AI-powered query engine to get the answers, best practices, templates, and information they need without having to build or analyze anything.
AnswerRocket Announces Support for Gemini and Anthropic Claude LLMs
This approach ensures that companies can optimize their data insights by using the most appropriate model for each task, whether it involves structured or unstructured data. An LLM-agnostic approach is critical in today’s evolving AI landscape as it provides optimization, customization, and resilience, allowing businesses to select the best model for each specific task.
AtScale Announces the Open-Sourcing of its Semantic Modeling Language
This initiative aims to provide an industry-standard semantic modeling language that can be adopted across various platforms, fostering greater collaboration and interoperability in the analytics community. The introduction of SML marks a major step in the company’s decade-long journey of democratizing data analytics and advancing semantic layer technology.
Crunchy Data Launches New Crunchy Bridge for Analytics
The new hybrid engine brings together the rich capabilities of PostGIS with modern analytical query processing benefits such as vectorized execution and parallelism. Crunchy Bridge for Analytics is optimized to use the most beneficial query engine available based on the user query and underlying data structure, giving users the best of Postgres and an embedded analytical query engine.
Databricks Adds Precisely, Informatica, Alteryx to Partner Connect
Databricks Partner Connect is a centralized hub that allows you to integrate partner solutions with your Databricks Data Intelligence Platform data and effortlessly implement those that best meet your business needs. These integrations empower organizations to harness the full potential of their data.
Dataiku Finds Senior AI Pros Seeing Return from GenAI Investment
The findings underscore a wave of growing optimism, as 65 percent of respondents verified that they are experiencing positive returns on the GenAI projects they have put into production, demonstrating that these initiatives are not only guided by strategic foresight but are also financially rewarding.
Luzmo Launches New Analytics SDK
Combining Luzmo’s core features for easy data connection, auto-generated data queries, and secure data handling with a code-first approach to software development, Luzmo Flex enables developers to quickly build innovative data experiences with the flexibility and control to cater to any user requirements.
Ocient Launches New Data Retention and Disclosure System
With Ocient’s new solution, telcos and CSPs can scale their data collection, retention, and analysis capabilities, meeting the needs of growing network metadata stores while enabling rapid search and retrieval of records within seconds.
Qlik Updates AutoML Capabilities
These updates make it easier for analytics teams to build and deploy high-performing machine learning models, providing native analytics to explain predictions in real-time. With full integration into Qlik Cloud, these features enable businesses to move from reactive to proactive decision-making, helping them anticipate trends, address challenges, and optimize outcomes with greater confidence.
ThoughtSpot Finds 70 Percent Prioritize GenAI for Data and Analytics
The report drew responses from 1,000 business and data leaders in multiple industry sectors across North America, Europe, and Asia-Pacific. Of the 1,000 global respondents, 67 percent are already leveraging generative AI for an analytics use case, with 26 percent planning to, and 7 percent evaluating its use.
Zoho Releases New Data Science and Machine Learning Studio
More than 25 new data connectors allow users to pull in data from other sources to create a central data repository, and to create and manage ETL (extract, transform, and load) pipelines. Zoho’s Ask Zia AI copilot also lets users transform data using natural language.
Expert Insights Section
Watch this space each week as our editors will share upcoming events, new thought leadership, and the best resources from Insight Jam, Solutions Review’s enterprise tech community where the human conversation around AI is happening. The goal? To help you gain a forward-thinking analysis and remain on-trend through expert advice, best practices, predictions, and vendor-neutral software evaluation tools.
The Jam Session (September): Why Now is the Time to Move to Data-Centric AI
This month on The Jam Session, host Bob Eve brings on data pros Michael Magalsky, Guy Adams, and David Sweenor to explore the shift towards data-centric AI and its importance in today’s business landscape.
Expert Insights by Bob Seiner: What Data Do We Have?
By knowing exactly what data is available, where it is stored, and how it is used, companies can more effectively manage and utilize their data, turning it into a valuable asset rather than a potential liability.
Expert Insights by Robert Eve: Why AI Needs Good Semantics & What to Do About It
How often have you heard someone exasperatingly state, “That’s just semantics,” when claiming that one word is just a synonym for another? That’s a reasonable statement in light conversation, but a misinformed one in today’s complex data management landscape.
Expert Insights by Dr. Joe Perez: Visionary Realism and the Art of Blending Innovation and Practicality
In the early 1900s, a young American agronomist named Norman Borlaug set out on a mission that would transform global agriculture forever. Born in 1914 in Cresco, Iowa, Borlaug experienced the harsh realities of the Great Depression, which instilled in him a deep concern for food shortages. This early exposure ignited a lifelong dedication to combating hunger and enhancing agricultural efficiency.
Solutions Review Set to Host Qrvey for Exclusive Spotlight: Beyond Dashboards
Gain a clear understanding of how embedded analytics can transform your SaaS application. The future of BI is embedded – join us as we go beyond dashboards into the brave new world of analytics everywhere and hear from a Qrvey customer on why embedding dashboards wasn’t enough.
For consideration in future data protection news roundups, send your announcements to the editor: tking@solutionsreview.com.