Real-time Analytics News for Week Ending July 15

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In this week’s real-time analytics news: IBM announced the rollout of IBM watsonx, its enterprise-ready AI and data platform.

Keeping pace with news and developments in the real-time analytics 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 rollout of IBM watsonx – IBM’s enterprise-ready AI and data platform. Watsonx allows clients and partners to specialize and deploy models for various enterprise use cases or build their own. Using the solution, AI builders can leverage models from IBM and from the Hugging Face community for a range of AI development tasks. The models are pre-trained to support a range of Natural Language Processing (NLP) type tasks, including question answering, content generation and summarization, text classification, and extraction.

In other IBM news, IBM announced new GPU offerings on IBM Cloud, an AI-tailored infrastructure designed to support enterprise compute-intensive workloads.

Amazon Web Services (AWS) announced it has added a pgvector extension on Aurora PostgreSQL, enabling customers to leverage pgvector and Amazon Aurora PostgreSQL. With vector database capabilities in AWS, customers can store embeddings for a variety of use cases, including natural language processing, chatbots, and sentiment analysis. When customers create embeddings using embeddings models like Amazon Titan available through Amazon Bedrock, they can store these embeddings in Amazon Aurora PostgreSQL and Amazon RDS for PostgreSQL. They can then query their databases to supplement user prompts with additional context to improve the accuracy of large language model responses.

Real-time analytics news in brief

IOTech announced the general availability of Edge Connect, a new solution for acquiring large amounts of data in complex multi-protocol industrial environments. Edge Connect is specifically designed as a connectivity solution that can be used by third-party OT applications deployed at the industrial edge. It was developed in collaboration with some of the world’s leading industrial solution providers, including Schneider Electric, Johnson Controls, Fluence Energy, and King Steel.

Ably announced the release of a new Python Real-time SDK component that enables developers to integrate real-time functionality into their Python-based services, such as channel subscription and authentication via tokens. While the existing Python SDK supports publishing to Ably channels, the new Python Real-time SDK allows developers to subscribe to real-time data through a persistent WebSocket connection with Ably.

Anthropic has released its latest AI model, Claude 2, which is focused on advanced cognitive technologies. The solution offers improved performance, longer responses, and can be accessed via API as well as a new public-facing beta website, claude.ai. The company has also made improvements from its previous models on coding, math, and reasoning.

Aporia announced the launch of Production IR (Production Investigation Room), a tool distinguished by its intuitive ease of use. The all-in-one root cause analysis tool provides data scientists, ML engineers, and analysts with a seamless and easy-to-navigate digital environment for real-time data analysis, root cause investigation, and deep insights, all within a unified monitoring platform.

BigPanda announced Generative AI for Automated Incident Analysis, a new capability that uses advanced AI to estimate incident impact, suggest likely root causes, and provide clear, natural language incident titles and summaries. BigPanda Generative AI taps into large language model (LLM) technology to automatically and quickly deliver accurate and consistent incident analysis that is easy to understand, reduces mean time to identify (MTTI), and vastly improves incident resolution speed.

CAST has announced the CAST Highlight summer 2023 release, featuring Open-Source Component Lifespan Insights—a new capability that automatically calculates the lifespan status of open-source software (OSS) components. Application owners can now understand components’ lifespans to identify whether they are active, possibly deprecated, or immature.

Cribl is introducing new features throughout its product portfolio to scale observability across large enterprises, providing greater interoperability, and customizable authorization to unlock the value of all observability data for more users. Key product enhancements include expanded search-in-place compatibility that extends the reach of a single search query from edge to data lake and even to tooling data repositories, and more.

Crunchy Data announced the latest release of Crunchy Postgres for Kubernetes version 5.4. The new release provides a number of new capabilities in Kubernetes-native PostgreSQL. That includes the pgvector extension. This allows Postgres to be extended to natively store, index, and query OpenAI embeddings, empowering LLM hydration and results directly in Postgres running in Kubernetes.

Daasity launched the Daasity Data & Analytics Agency, which offers a suite of services enabling merchants using Daasity to offload or augment ELT (extract, load, transform) as well as strategic analytical needs. Merchants can leverage Daasity’s analysts and engineers, who are commerce data veterans, to become true data-driven organizations and drive their businesses forward.

Deci announced the release of DataGradients, a free, open-source tool for profiling computer vision datasets and distilling critical insights. Using DataGradients, data scientists can easily analyze the health of their data with one line of code, swiftly identifying problems such as corrupted data, distributional shifts between train and test sets, and duplicate annotations, among many others. Users then receive actionable insights on how to proactively mitigate such issues.

Flatfile announced the release of its Flatfile Data Exchange Platform, an extensible platform for file-based data import. With this new release, Flatfile is offering a new choice in the file-based data import category that has been defined by one-size-fits-all, single-purpose csv-import tools, with an extensible, API-first and event-driven data exchange platform for enterprise developers.

Kinetica announced a totally free version of Kinetica Cloud where anyone can sign-up instantly without a credit card to experience Kinetica’s generative AI capabilities to analyze real-time data. Unlike other offerings that expire after a trial period, provide limited functionality, or require that the customer pay for infrastructure and storage, Kinetica Cloud is totally free forever for up to 10GB of data with full Kinetica database functionality, including Kinetica’s SQL-GPT, using Generative AI to turn language into SQL that executes quickly.

Kissflow introduced a new governance layer to its platform. The governance layer in Kissflow provides a “digital footprint” of all user activity within the platform, offering visibility into different processes and apps that are created by the users. Furthermore, it provides an additional safeguard against unauthorized utilization of data. It allows enterprises to have visibility into who creates processes/apps, accesses, uses, and moves data within the system, as well as to external systems.

KSOC (Kubernetes Security Operations Center) announced the release of Automated Risk Triage, helping overwhelmed infrastructure security and engineering teams prioritize risk across ephemeral Kubernetes clusters. Automated Risk Triage maps a broad set of Kubernetes components to a real-time graph for triaged, contextual risk, exponentially improving operators’ efficiency.

Lucidworks released enhancements to its Fusion platform and Lucidworks AI. Lucidworks can now seamlessly integrate with any large language model (LLM) and provide the necessary guardrails to validate Generative AI (Gen AI) responses, ground them in truth, and minimize errors such as hallucinations. The company also released Neural Hybrid Search, a capability that makes it easier to understand a user’s intent.

ManageEngine announced that it has added OpenAI observability as a native capability to Site24x7, its cloud-based observability platform. The offering enables application owners to monitor the utilization of different OpenAI models seamlessly while tracking real-time performance and cost metrics — all within a unified view.

Nstream is extending the reach of streaming data to applications. To that end, the Nstream Platform enables businesses to extract value from their streaming data quickly and effectively. The platform brings real-time visibility, insights, and decision automation into the application layer using stateful services, streaming APIs, and real-time UIs.

Redis announced the company achieved certification for compliance with ISO 27017:2015 for cloud services and ISO 27018:2019 for privacy protections, adding to Redis Enterprise Cloud‘s existing ISO 27001:2013 certification. Performed by independent, third-party auditors, these certifications demonstrate the company’s commitment to protecting customers’ data while enabling them to deploy and operate Redis Enterprise Cloud securely.

Selector AI announced the addition of new capabilities to its platform, empowering organizations with unparalleled insights from the network up to the application. Key highlights of the new release include new integrations, outlier detection, forecasting, PingMesh, and deployment model improvements.

SUSE announced it is forking publicly available Red Hat Enterprise Linux (RHEL) and will develop and maintain a RHEL-compatible distribution available to all without restrictions. Over the next few years, SUSE plans to invest more than $10 million into this project.

Wipro Limited announced the launch of Wipro ai360, a comprehensive, AI-first ecosystem that builds on Wipro’s investments in artificial intelligence (AI) with the goal of integrating AI into every platform, every tool, and every solution used internally and offered to clients. Along with the launch of Wipro ai360, the company also committed to making a $1 billion investment in advancing AI capabilities over the next three years.

Partnerships, collaborations, and more

The Cloud Native Computing Foundation (CNCF) announced today that Istio, the leading open-source service mesh project, has received Graduation status. This milestone represents a significant achievement for Istio, validating its maturity, stability, and wide-scale adoption within the cloud-native community. Since its introduction in 2017, Istio has been widely used in managing microservices architectures, addressing challenges related to security, reliability, and observability. Initially developed collaboratively by Google, IBM, and Lyft, Istio’s success is attributed to its innovative features and a dedicated community of contributors, developers, and users. Solo.io has been contributing to the Istio project for over five years and is now the second largest contributor.

Alteryx has announced new decision intelligence and intelligent automation capabilities on Amazon Web Services (AWS) that allow chief financial officers (CFOs) and finance leaders to embrace cloud and data analytics as strategic tools. Alteryx leverages the power of AWS to provide an environment where technologies like artificial intelligence, machine learning, data science, robotic process automation, and blockchain meet, making it easier for CFOs to quickly deploy and use new technology right away.

Denodo announced that it has joined the Presto Foundation, a non-profit organization dedicated to overseeing the Presto open-source project and contributing to the development of the high-performance distributed SQL query engine for large-scale data analytics. Denodo also announced a new embedded, customized version of Presto on Kubernetes that accelerates queries in big data scenarios and helps organizations modernize their data architecture.

KPMG and Microsoft have announced a significant expansion of their global relationship that will reshape professional services across a number of business-critical areas, including workforce modernization, safe and secure development, and the use of Artificial Intelligence (AI) solutions. The collaboration includes a KPMG multibillion-dollar commitment in Microsoft cloud and AI services over the next five years.

Pinecone announced that its vector database will be available on Microsoft Azure. The announcement means Azure customers can now use a vector database closer to their data and applications and, in turn, provide fast, accurate, and secure Generative AI applications for their users.

Red Kubes, the creators of Otomi, announced the launch of their startup accelerator program for companies in the US & UK. This will allow startups to get their apps running on K8s within a day. This program allows startups to use Red Kube’s software for free, allowing them to leverage all the technologies required to deploy and securely run containerized applications to accelerate their time-to-market (TTM) in the critical growth phase.

Syniti announced that its Syniti Knowledge Platform (SKP) is now an SAP Endorsed App and available for online purchase on SAP Store. Customers looking to accelerate their SAP application transformation projects can now obtain the same certified Syniti product either directly from Syniti as an SAP Endorsed App or via SAP as a solution extension, providing choice and flexibility in contracting.  

Teradata announced it will offer Teradata VantageCloud Lake on Microsoft Azure. As a result, Teradata’s ClearScape Analytics, which is included with VantageCloud Lake on Azure, is enhanced by integration with Microsoft services such as Azure Machine Learning (ML). This means VantageCloud Lake on Azure is designed to increase the ability of mutual customers to deploy and manage AI/ML, including generative AI, within their businesses today.

UserTesting announced a joint integration with Contentsquare. This partnership empowers organizations to unlock more customer experience insights across digital properties, enabling them to transform and customize digital experiences for their target audiences more effectively. Specifically, the integration connects Contentsquare behavioral analytics with UserTesting video-based human insights for a richer understanding of customers.

Verinext announced disaster recovery-as-a-service (DRaaS) managed services delivered on the HPE GreenLake edge-to-cloud platform. The Verinext DRaaS Managed Service solution provides secure, compliant, and flexible DRaaS managed services for customers that want ransomware resilience and continuous data protection and availability with near-zero data loss or downtime.

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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