Real-time Analytics News for the Week Ending August 10

Keeping pace with news and developments in the real-time analytics and AI market can be a daunting task. Fortunately, we have you covered with a summary of the items our staff comes across each week. And if you prefer it in your inbox, sign up here!

IBM announced the general availability of IBM StreamSets, a SaaS solution designed for real-time data integration across hybrid and multi-cloud environments. IBM StreamSets enables organizations to build and manage smart streaming data pipelines, allowing for the continuous processing and integration of real-time data. This tool is particularly valuable for use cases such as real-time analytics, fraud detection, and cybersecurity. Additionally, IBM StreamSets helps reduce data drift, adapt to data changes, and supports diverse data types, ensuring reliable decision-making and enhanced operational efficiency.

Read more about the introduction here.

Other real-time analytics news in brief

Ampere and Oracle Cloud Infrastructure (OCI) announced the launch of second-generation Ampere-based compute instances, OCI Ampere A2 Compute, based on the AmpereOne family of processors. OCI Ampere A2 Compute instances provide higher core count virtual machines and high-density containers within a single server, delivering more performance, scalability, and cost-efficiency for cloud-native workloads.

Amplitude unveiled three new data products on its digital analytics platform to address the challenges enterprises face in harnessing the full potential of their data assets. They include Data Mutability, which keeps product analytics data in sync with changes in a customer’s data warehouse; Data Access and Controls, which classifies sensitive data to ensure only the right users have access to it; and Data Deletion, which gives teams the self-service tools they need to quickly manage and remove data and build trust.

AtScale announced it is integrating AtScale’s Semantic Layer and Query Engine with large language models (LLMs). While LLMs excel at generating human-like text, they often struggle with complex database schemas and business logic. AtScale’s Semantic Layer bridges this gap by providing LLMs with comprehensive business-side metadata, eliminating the need to create metrics from scratch or generate complex joins, and significantly enhancing result consistency and accuracy.

Automated Data (ADI) and SageX announced a strategic partnership to provide an advanced solution that fully automates the unstructured data lifecycle. This strategic collaboration enables companies to efficiently digitize and connect their unstructured data, delivering a unified view for the most trusted insights and decision-making on all data.

BigID announced its Data Security Posture Management (DSPM) solution now scans and secures sensitive data stored in vector databases. BigID’s new capability addresses a crucial gap in data security. By scanning and securing sensitive data within vector databases, BigID helps ensure that enterprises can harness the power of AI without compromising on data protection. This capability is particularly significant for AI enrichment methods like Retrieval-Augmented Generation (RAG), which rely heavily on vector databases.

Code42 Software (now part of Mimecast) announced enhancements to the Incydr solution to protect against data exfiltration to generative artificial intelligence (GenAI) tools. In particular, Code42 Incydr unveils new data visualizations to efficiently pinpoint and respond to events where data from sensitive business sources moves to GenAI tools such as ChatGPT, Google Gemini, Claude, Jasper, and Perplexity. In addition to its GenAI dashboard and alerting capabilities, Incydr uses its new PRISM system to score and prioritize events involving GenAI tools and recommend actions to address GenAI security risks.

Redpanda announced the integration of its Bring Your Own Cloud (BYOC) service with Microsoft Azure. By combining Redpanda’s high-performance streaming platform with Azure’s cloud environment, customers can more easily create real-time applications across various regions and availability zones. Azure support is initially available in six key regions: centralus (Iowa), eastus (Virginia), eastus2 (Virginia), norwayeast (Oslo), uksouth (London), and ukwest (Cardiff), with future expansion planned for additional regions.

Snorkel AI announced a new strategic agreement with BNY to provide the global financial services company with software, expertise, and insights that help turn unstructured data into actionable insights and solutions for clients. Snorkel has been adopted by the majority of the largest US banks. Its solution simplifies manual tasks like data curation, tagging, annotation, and labeling through a streamlined approach that prepares AI-ready data. Through the collaboration, the company will help the firm accelerate AI initiatives that aim to bolster efficiency, productivity, and insights.

Vultr announced the launch of its industry cloud solution. Leveraging Vultr’s global cloud infrastructure spanning six continents and 32 cloud data center locations – including Vultr Cloud GPU accelerated by NVIDIA GPUs for artificial intelligence (AI) and machine learning (ML) – Vultr industry cloud delivers industry-vertical, solutions that meet specific industry needs and regulatory requirements across the retail, manufacturing, healthcare, media, telecommunications, and finance sectors.

WekaIO (WEKA) announced it is working with Contextual AI to provide the data infrastructure underpinning its Contextual Language Models (CLMs). Contextual AI’s CLMs are trained using RAG 2.0, a proprietary next-generation retrieval-augmented generation (RAG) approach developed by Contextual AI, now powered by the WEKA Data Platform.

If your company has real-time analytics news, send your announcements to ssalamone@rtinsights.com.

In case you missed it, here are our most recent previous weekly real-time analytics news roundups:

• Real-time Analytics News for the Week Ending August 3
• Real-time Analytics News for the Week Ending July 27
• Real-time Analytics News for the Week Ending July 20
• Real-time Analytics News for the Week Ending July 13
• Real-time Analytics News for the Week Ending June 29
• Real-time Analytics News for the Week Ending June 22
• Real-time Analytics News for the Week Ending June 15
• Real-time Analytics News for the Week Ending June 8
• Real-time Analytics News for the Week Ending June 1