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Tag: Data Analytics

Zenlytic’s $9 Million Funding Round Aims to Transform Data Analytics for Non-Technical Users

Zenlytic, a fast-emerging self-service business intelligence (BI) platform, has announced the successful closure of a $9 million early-stage funding round.  Funds from this Series A round will be used to fuel its amb Read more…

Redbird Reveals Its Latest AI-Powered Data Analytics Tool

Recent advancements in AI and large language models (LLMs) have transformed the technology landscape, yet businesses still face challenges in utilizing chat-based solutions for effective business intelligence (BI).  Read more…

Four Ways Analysts Can Increase Value Across Your Data Strategy

It sounded like it was going to be a good meeting. The data science team briefed company leadership on what the data said about a proposed cost-cutting initiative, excitedly revealing findings that took them a few weeks Read more…

Operational Data Warehouse: Power Real-Time Business Processes

Have you ever tried driving real-time updates to customer-facing applications? Or optimized a conversion funnel using streaming data? If so, you’ve probably suffered the pain of pushing your data warehouse past its l Read more…

Overcoming the Financial Breaking Point: How Businesses Can Overcome Data Cost Anxiety

A 2022 IDC survey involving over 500 senior IT decision-makers highlighted a significant concern in data management, as more than half (52%) considered their data management spending unsustainable. This alarming trend un Read more…

Alteryx Set to Acquired for $4.4B by Private Equity Firms Clearlake and Insight Partners

Alteryx, one of the prominent players in the data analytics sector, is set to be acquired by private equity firms Clearlake Capital Group and Insight Partners for $4.4B. Under the terms of the acquisition, Alteryx stockh Read more…

Oracle Study Reveals Decision Making Paradox: More Data, Greater Uncertainty

Access to more information does not necessarily lead to better decision making, according to a new study from Oracle. Though 83% of those surveyed agree that access to more data should make decisions easier, 86% said tha Read more…

Data Startup Count Raises $3M to Bring Analysts Closer to the Business

When it comes to driving better decision making and outcomes in business, data analytics teams can sometimes face challenges with existing data tools. The disjointed nature of analytics workloads, carried out with so man Read more…

Lightdash Emerges to ‘Fix’ The Data Analyst Workflow

The company behind Lightdash, a new open source data analytics and exploration tool designed around dbt and frequently compared to Looker, today announced a seed round of funding worth $8.4 million as well as the launch Read more…

Define and Tackle Your Edge

An ambulance speeds down the highway to take a critically ill patient to the hospital. Employees in a crowded retail store help shoppers find just the right gift. An airplane cruises at 500 miles per hour, 30,000 feet in Read more…

Top Data Science Careers You Can Pursue With a Master’s Degree in Data Analytics

According to a global survey by Machine Engine, 89% of companies surveyed reported an increase in the use of business analytics. This means the demand for data analysts has exploded, making it the ideal time to move into Read more…

Data Visualization Platform Enso Emerges from Stealth with $16.5M

This week, San Francisco-based data analytics firm Enso emerged from stealth with a $16.5 million funding round. The company’s open source platform provides a self-service, visual data environment that is simultaneo Read more…

Big Data Study Cites Challenges, Predicts Growth

Tapping into big data analytics continues to be appealing for many companies who wish to mine their data for “actionable insights,” or information that can assist decision makers with bringing increased value to thei Read more…

Databricks Launches Lakehouse for Healthcare and Life Sciences

Databricks has announced the launch of its new lakehouse platform, the Databricks Lakehouse for Healthcare and Life Sciences. According to the company's press release, Databricks Lakehouse for Healthcare and Life Scie Read more…

Voltron Data Releases Enterprise Subscription for Arrow

Voltron Data has announced its first commercial offering, the Voltron Enterprise Subscription for Arrow. With support for new and existing Apache Arrow users, the subscription offers exclusive access to features for enha Read more…

dbt Seeks to Modernize the Data Experience with Series D

Last week, dbt Labs announced a $222 million Series D round at a $4.2 billion valuation. The analytics engineering company (formerly called Fishtown Analytics) is known for its open source data build tool, or dbt. The Read more…

MLOps Pays Dividends for New York Life

Machine learning has the potential to generate millions of dollars in savings and revenue growth for organizations. Nobody in the data business doubts that anymore. But unless ML models are actually put into production, Read more…

Promethium Nabs $26M to Spark Analytics Growth

Analytics platform Promethium announced it has raised $26 million in a Series A funding round, bringing the company’s total funding to $34.5 million since its 2018 founding. Promethium plans to use the funds to scal Read more…

Taming the ‘White Whale’ of Unstructured Data

Unstructured data comprises a large chunk of all business data, and according to IDC, the figure could reach 80% by 2025. Data that is not collected or stored in an organized way, specifically language data in the form o Read more…

Dremio is Swimming Laps Around the Data Lake with $160M Series E, $2B Valuation

SQL analytics engine provider Dremio announced it has closed a $160 million Series E round. Led by Adams Street Partners, the new funding brings the company’s valuation to $2 billion.  Dremio plans to use the new i Read more…

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