Sign up for our newsletter and get the latest big data news and analysis.

“Above the Trend Line” – Your Industry Rumor Central for 9/19/2016

Above the Trend Line: machine learning industry rumor central, is a recurring feature of insideBIGDATA. In this column, we present a variety of short time-critical news items such as people movements, funding news, financial results, industry alignments, rumors and general scuttlebutt floating around the big data, data science and machine learning industries including behind-the-scenes anecdotes and curious buzz. Our intent is to provide our readers a one-stop source of late-breaking news to help keep you abreast of this fast-paced ecosystem. We’re working hard on your behalf with our extensive vendor network to give you all the latest happenings. Heard of something yourself? Tell us! Just e-mail me at: daniel@insidebigdata.com.  Be sure to Tweet Above the Trend Line articles using the hashtag: #abovethetrendline.

There’s never a dull moment in the Big Data space. I’ve literally been bombarded with news for this column now that the ecosystem has caught wind of it. This especially has been true since we started the now highly sought after “Vendor of the Week” designation. I’m not complaining, so keep up the flow! This past week has been the week of partnerships and alignments so let’s start with Datos IO, a leading provider of cloud-scale data protection software, announcing that it has joined the Google Cloud Platform (GCP) Partner Program. Datos IO is also unveiling Orion, the newest 1.5 release of RecoverX software, with support for Google Compute Engine and Google Cloud Storage services, which offers advanced data recovery features purpose-built for 3rd Platform applications deployed on non-relational databases in GCP. The collaboration furthers the migration to public cloud and adoption of mission-critical applications deployed on next-generation non-relational and cloud databases … Bigstep, the big data cloud provider, and Canonical, the company behind Ubuntu, the leading platform and operating system for container, cloud, and scale-out computing, announced their partnership to provide certified images and support of Ubuntu on Bigstep Metal Cloud. Bigstep will now offer certified Ubuntu Server images optimized for performance, security, and dependability under Canonical’s Certified Public Cloud programme, and will facilitate single-point support on Bigstep Metal Cloud. Canonical’s Ubuntu Advantage enterprise support for Ubuntu will be available soon through the Bigstep console. Ubuntu brings economic and technical scalability to the cloud. Whether the aim is to deploy a complex big data architecture or just a single Hadoop cluster, Ubuntu on Bigstep Metal Cloud delivers the best value scale-out performance in an enterprise Linux platform … Zyme, a leader in the rapidly growing discipline of channel data management (CDM), is bringing channel data to life through a strategic partnership with Qlik®, a leader in visual analytics. Zyme’s cloud-based CDM platform leverages the Qlik visual analytics platform to deliver pre-built dashboards for incisive analytics from a global vantage point and with store-level granularity to users on any device. While Zyme and Qlik have been partners for the past seven years, this strategic partnership now leverages Qlik’s latest platform innovations such as Qlik Sense® and empowers customers to quickly turn Zyme’s decision-grade channel data into actionable intelligence through visualizations that capture channel sales performance, inventory levels, e-commerce trends and much more … ClearDB, a pioneer in enterprise cloud database technologies, announced it has been named a Google Cloud Platform Technology Partner, providing a fully-managed database service that improves MySQL database performance, availability and ease of control. The collaboration between Google Cloud Platform and ClearDB enables organizations to benefit from accelerated application development via rapid deployment of database assets, highly available MySQL that avoids application disruptions and a pay-as-you-go model that eliminates the need for organizations to procure and maintain costly infrastructure. To help customers get the most out of Google Cloud Platform services, Google works closely with companies such as ClearDB, that deliver best in class fully managed database services on top of Google Cloud Platform … Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company, and Reltio, an enterprise data-driven applications and modern data management Platform as a Service (PaaS) company, announced a partnership to develop faster and cost effective Master Data Management (MDM) solutions. This partnership will help Reltio and Wipro’s clients bridge the gap between data and insights by boosting the reliability of information, while ensuring users get access to relevant data. This alliance will enable the use of modern MDM architecture with big data technologies to deliver pre-configured, industry-specific data models in an accelerated time-frame. The joint offering will also help customers stave off scale and performance challenges by leveraging next generation technologies such as Big Data, NoSQL, analytics, and machine learning.

We heard some encouraging industry economic metrics from Forrester whose latest forecast predicts the big data technology market will grow at a 12.8% CAGR over the next five years (see graphic below). For the purpose of the report, the market is segmented into six buckets: enterprise data warehouse, NoSQL, Hadoop, big data integration, data virtualization and in-memory data fabric:

  • Global decision makers confirm market growth: Forrester data found that in 2016, almost 40% of firms were implementing and expanding big data technology adoption. Another 30% are planning to adopt big data in the next 12 months.
  • In-memory data fabric is taking off: In-memory data fabric will grow 29.2% annually over the forecast period, according to Forrester data.
  • Interest in non-relational databases (NoSQL & Hadoop) is increasing: NoSQL will grow 25% and Hadoop will grow 32.9% annually over the forecast period: (i) 41% of respondents have implemented and are expanding use of NoSQL and another 20% plan to implement NoSQL in the next 12 months, (ii) 30% of respondents implemented Hadoop in 2016 vs. only 26% in 2015, (iii) The increase in unstructured data stored in the cloud using Hadoop increased from 29% in 2015 to 35.4% in 2016.
  • Market growth varies by industry: In the next five years, the pharmaceutical, transportation and primary production industries will see the highest adoption of big data technology. Currently the professional services, telecommunications, government and financial service sectors are the largest users.

 

forrester_metrics

The pace of new product, service and solution offerings continues to heighten starting with Cambium Networks™, a leading global provider of wireless networking solutions, unveiling cnReach™, a narrowband radio for highly reliable and secure transmissions across long distances that are essential for Industrial Internet of Things (IIoT) for oil and gas applications, and in electric and water utilities. The radio completes a full, end-to-end suite of highly resilient wireless narrowband and broadband solutions, providing industry network operators a complete wireless networking solution to implement their IIoT initiatives. The product supports licensed and unlicensed operations in the 900 MHz and 700 MHz frequencies and eases the transition from serial networks to all-IP networks with extensive built-in I/O capabilities … Percona, the company that delivers enterprise-class MySQL® and MongoDB® solutions and services, announced the availability of Percona Monitoring and Management, an open source database performance analysis tool. Completely open source and free to download and use, Percona Monitoring and Management provides point-in-time visibility and historical trending of database performance that enables DBAs and application developers to optimize the performance of their MySQL and MongoDB databases … DigitalOcean, the cloud for developers, released High Memory Droplets (cloud servers) to continue to support more advanced workloads and applications at scale. While DigitalOcean’s standard Droplets make it easy for developers to deploy a healthy balance of RAM, CPU and local SSD-based storage, High Memory Droplets enable developers and businesses with specific use cases, typically running large-scale databases or distributed in-memory caches that require more RAM such as MongoDB, Cassandra, and Redis.

In the category of customer wins and testimonials we learned that Qumulo published a video testimonial of its customer, the University of Utah’s Scientific Computing and Imaging (SCI) Institute. The video shows Nick Rathke, the assistant director of IT at the SCI Institute, discussing how the institute is using Qumulo’s data-aware scale-out NAS solution for exceptional storage performance and analytics …

In new company designations we have Couchbase announcing it was named a Leader by Forrester Research in its report, “The Forrester Wave™: Document Stores, Q3 2016.” We believe the company’s inclusion in the report further validates its standing as a leading database company enabling enterprises to succeed in today’s Digital Economy.

We heard some exciting news on the M&A front with Elastic, the company behind Elasticsearch, and the Elastic Stack, a widely used collection of open source products for solving mission-critical use cases like search, logging, and analytics, has acquired Prelert, a leading provider of behavioral analytics technology. Elastic will integrate the Prelert technology into the Elastic Stack, and will offer it as part of its subscription packages in 2017, giving Elastic customers more capabilities to solve complex use cases such as cybersecurity, fraud detection, and IT operations analytics, among others. Prelert was founded in 2008 to create technology that automates the discovery of anomalies in large, complex datasets, predicts actions and outcomes, and provides enterprises and their end users with a consumable application that doesn’t require them to perform data science. Using unsupervised machine learning techniques applied to a customer’s historical and real-time continuous data, Prelert’s predictive models perform behavioral analytics to understand the probability of failures and events occurring with built-in alerting and notifications for end users to explain ‘why’ something has happened and ‘what’ to do with that information.

Big Data is an industry with people constantly on-the-move starting with DimensionalMechanics, an enterprise artificial intelligence (AI) company, announcing Michael Ryder will join the company’s board of directors. Ryder was most recently senior vice president at Blizzard Entertainment, Inc., where he co-led story and franchise development for premier developer and publisher of interactive entertainment software. Ryder’s addition brings the DimensionalMechanics board to six members. With his background in the interactive entertainment sector and with flight simulation and avionics, Ryder will help guide DimensionalMechanics’ rapid growth and development as it brings its scalable, cloud-based AI platform to multiple verticals, enabling enterprise users to equip existing systems with AI capabilities … Couchbase, a leader in database solutions for the digital economy, announced the appointment of Peter Finter as Chief Marketing Officer. Finter is a senior international marketing executive who has led global organizations through periods of rapid growth and transformation. Finter joins Couchbase from Gigamon, where he led product management, business development and marketing. Gigamon’s successful IPO in June 2013 and subsequent launch into the cybersecurity market resulted in nine consecutive quarters of beating financial expectations and increased the value of the company threefold.

It seems the venture capital funding spigot is still flowing with Datorama, a global marketing analytics innovator, announcing it has closed $32 million in Series C funding led by Lightspeed Venture Partners. In addition, Marker LLC and Eric Schmidt’s Innovation Endeavors also participated in the round. This series brings Datorama’s total funding to $50 million. Valuation was not disclosed. Datorama will primarily use the new funding to accelerate the company’s research and development in the artificial intelligence field, which will further elevate its machine learning capabilities. In addition, the company will continue to expand its global footprint, and is in the process of recruiting and hiring exceptional talent to further support its significant customer adoption and rapid growth.

And finally, our Vendor of the Week is Unravel Data, a full-stack performance intelligence platform for optimizing Big Data operations (DataOps), emerged from stealth with more than $7 million in Series A led by Menlo Ventures, with an additional seed investment from Data Elite Ventures. Unravel Data accelerates all applications in a Big Data stack or cluster, optimizes multi-tenant resource utilization and provides operations intelligence, all from a single platform, delivering the full value of Big Data by resolving complex issues across the stack.

 

Sign up for the free insideBIGDATA newsletter.

Leave a Comment

*

Resource Links: