Real-time Analytics News for the Week Ending February 3


In this week’s real-time analytics news: The Allen Institute for AI (AI2) released OLMo 7B, an open-source LLM, along with the pre-training data and training code.

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!

The Allen Institute for AI (AI2) has released OLMo 7B, an open-source, state-of-the-art large language model released alongside the pre-training data and training code, something the institute claims no open models of this scale do today. This combination empowers researchers and developers to use the best and open models to advance the science of language models collectively. The framework features a suite of completely open AI development tools, including full pretraining data, training code and model weights, and evaluation. OLMo and the framework are available for direct download on Hugging Face and in GitHub.

The Broad Institute of MIT and Harvard has announced the general availability of its biomedical analytics platform Terra on Microsoft Azure. Enhanced functionality with Terra on Azure includes connection to enterprise data, advanced policy configuration for cross-organization collaboration, compliance agreements, and platform-wide security.

Real-time analytics news in brief

Dynatrace announced the launch of OpenPipeline, a new core technology that provides customers with a single pipeline to manage petabyte-scale data ingestion into the Dynatrace platform to fuel secure and cost-effective analytics, AI, and automation.

In other Dynatrace news, the company announced it has extended its analytics and automation platform to provide holistic observability and security for large language models (LLMs) and generative AI-powered applications. It covers the end-to-end AI stack, including infrastructure, such as Nvidia GPUs, foundational models, semantic caches and vector databases, and orchestration frameworks.

Adastra announced the launch of two generative AI solutions. The first is the Prescriptive Sales Recommender, which enables sales representatives to harness cutting-edge large language models (LLMs) through Amazon SageMaker Jumpstart or Amazon Bedrock. The second, the AskYourData Generative AI-Augmented Intelligent Search Solution, powered by Amazon Bedrock, can generate natural language insights from data assets.

CloudBolt Software announced an upcoming series of Augmented FinOps capabilities coming throughout 2024. Leveraging advancements in AI and ML, and the company’s orchestration capabilities, CloudBolt aims to extend FinOps capabilities. To that end, CloudBolt’s upcoming Augmented FinOps advancements are focused on three distinct areas, including AI/ML-informed cost insights; full lifecycle FinOps to facilitate automated, data-driven decision-making across all resource stages; and a unified control framework that converges public and private clouds into one cloud fabric with a unified access point and user experience.

Couchbase announced the general availability of Capella iQ, a generative AI-powered coding assistant built into its database-as-a-service, Capella. Using the solution, code that used to take hours for a developer to write can now be generated in a matter of seconds.Specifically, Capella iQ enables developers to write SQL++ and application-level code more quickly by delivering recommended sample code. Powered by genAI, Couchbase uses foundation models to add intelligence to the Capella developer workbench integrated development environment (IDE). By using NLP, Capella iQ generates code, sample data sets, and unit tests.

Datometry and Yellowbrick Data announced that they have entered into a technology partnership. The Datometry Hyper-Q platform makes existing applications work natively with Yellowbrick without changing SQL or application code. The combined technology of Datometry and Yellowbrick gives enterprises a replacement for Oracle and Teradata systems with a highly accelerated path to adoption.

EdgeVerve launched PolarisEdge, a new AI-powered platform. PolarisEdge is part of Infosys Topaz. The PolarisEdge platform acts as a transformative overlay, seamlessly integrating with an enterprise’s existing systems. It enables businesses to adopt new capabilities, enhance operational efficiency, and unlock new opportunities for growth and innovation, all without disrupting their foundational systems.

Fivetran deepened its relationship with dbt Labs with the announcement of its new orchestration integration with dbt Cloud. Now, with Fivetran as the hub, dbt Cloud transformations occur immediately and sequentially once data is loaded in a cloud data lake or warehouse, decreasing workflow inefficiencies and costs while ensuring businesses are powered by always-on data. ​​With a fully automated data pipeline, data teams no longer need to run data integration and transformations independently.

Graylog announced the release of a free version of Graylog API Security. This API discovery and monitoring tool makes API security accessible to enterprises of all sizes at a time when API-related attacks are on the rise. Graylog API Security enables organizations to identify and classify APIs and then detect and receive alerts on threats from inside the perimeter.

Hitachi Vantara announced the next evolution of its partnership with Cisco, introducing a suite of hybrid cloud services designed to address ongoing data management challenges faced by modern enterprises. The joint offering, Hitachi EverFlex with Cisco Powered Hybrid Cloud, is unique because it integrates automation solutions and predictive analytics to give organizations a future-proof portfolio for advanced infrastructure management, cost efficiency, and operational effectiveness.

Iterable announced its 2024 Winter Product Release featuring the new Iterable Ingest Toolkit.The Toolkit features Smart Ingest, an Iterable-native feature co-developed with Hightouch that directly connects to leading cloud data platforms and enables marketers to bring all of their valuable customer data into Iterable. The Toolkit also includesData Schema Management, an intuitive user interface to manage and control data structure easily.

Kubecost announced the launch of Kubecost 2.0. The release provides new tools and capabilities purpose-built to monitor and optimize Kubernetes-related cloud expenses. Kubecost 2.0 includes advanced network monitoring, unified reporting that empowers teams to manage chargeback and showback processes across multi-cloud and Kubernetes environments, cost forecasting, anomaly detection that alerts teams to budget overages, improved real-time cost estimation, and more.

Lenovo announced that its Truscale Hybrid Cloud for Edge is now available. Truscale Hybrid Cloud for Edge combines hybrid cloud and edge computing to extend cloud capability to the edge, where data is generated and consumed. With storage and processing power optimized, diverse industries can tackle specific use cases that enhance performance, responsiveness, and efficiency.

LG CNS announced that it has established an ‘AI Center’ specialized in enterprise AI through the consolidation of its AI technology research, business development, and operation organizations. The work of the center has produced six generative AI solutions, including ones for Enterprise Knowledge Intelligence, Visual Content Generation, Digital Workspace Intelligence, FCC, Generative BI (Business Intelligence), and AI Coding.

Rockset announced a new instance class. This offers a number of enhancements that include general purpose instance class with different memory-to-CPU ratios optimized for low-cost search and AI applications, a lower entry price point to enable developers to start building real-time analytics and AI-powered search applications, and autoscaling compute capabilities to scale compute based on the workload.

ThoughtSpot unveiled an expansion to the company’s artificial intelligence capabilities. The new innovations make analytics invisible and outcomes visible by putting humans, not technology, at the core of data-driven decision making. The new capabilities include an advanced human-in-the-loop feedback, conversational BI, AI Assist, AI highlights on Liveboards, a KPI monitor, embedded natural language search, AskDocs (which lets developers ask coding questions in natural language and receive contextual GenAI-assisted instructions and code from the Visual Embed SDK in both ThoughtSpot and developer documentation), and more.

UserTesting unveiled enhancements to the UserTesting Human Insight Platform. It announced the general availability of AI Insight Summary, which enables users to quickly analyze and summarize customer insight with the click of a button. In addition, UserTesting has released new product features tailored to streamline how human insights can be captured across the customer journey, including new mobile camera testing templates and guides that can be used for retail, entertainment, travel, and more, and product integration with Rally, a user research CRM platform.

Zilliz unveiled the latest evolution of Zilliz Cloud, a fully managed vector database that leverages the cloud-native open-source Milvus vector database. The update is crafted for vector database use cases like RAG/Gen AI, Recommendation Systems, and Cyber Security/Fraud Detection. It efficiently handles large volumes of data, demands constant updates for changing inventory, and ensures high throughput and low latency for effective data ingestion, especially during backfill operations.

If your company has real-time analytics news, send your announcements to [email protected].

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

Salvatore Salamone

About Salvatore Salamone

Salvatore Salamone is a physicist by training who has been writing about science and information technology for more than 30 years. During that time, he has been a senior or executive editor at many industry-leading publications including High Technology, Network World, Byte Magazine, Data Communications, LAN Times, InternetWeek, Bio-IT World, and Lightwave, The Journal of Fiber Optics. He also is the author of three business technology books.

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