Latest news with #dataintegration
Zawya
11-06-2025
- Business
- Zawya
Denodo achieves Snowflake Financial Services Competency
Highly regulated finance companies can be assured of secure, scalable, and compliant data integration for strategic data needs Dubai, UAE – Denodo, a leader in data management, announced that it has achieved the Snowflake Financial Services Competency, recognizing its ability to help financial services organizations meet their unique data management, regulatory, and digital transformation needs using the Snowflake Data Cloud. The Snowflake Financial Services Competency is awarded to partners with proven success in delivering solutions and expertise tailored to the financial services industry, including banking, capital markets, and insurance. This achievement validates Denodo's commitment to supporting the sector's demand for real-time data access, high-performance analytics, enhanced security, fraud detection, and strict compliance with industry standards. 'This competency reinforces our shared goal of helping financial institutions unlock the full potential of their data with a modern, scalable, and governed approach that meets the highest standards of the industry,'said Suresh Chandrasekaran, executive vice president at Denodo. 'Our joint customers can trust that the Denodo Platform is optimized and tested to work with Snowflake to accelerate the time to meaningful results.' The Denodo Platform's logical data management approach enables financial organizations to manage data across cloud and on-premises environments, including data residing in Snowflake, with unmatched agility and governance. This enables institutions to gain a unified view of customer data, accelerate time-to-insight, and reduce operational risk. By combining the Denodo Platform's real-time data integration and delivery capabilities with Snowflake's secure, scalable Data Cloud, joint customers can drive use cases such as: AI/ML modeling Real-time regulatory reporting Customer 360 views and personalization Fraud detection and risk analytics ESG reporting and compliance Cloud modernization and data democratization This competency further strengthens the growing Denodo-Snowflake partnership and underscores Denodo's role as a strategic data management partner for financial services firms embracing digital innovation. Having previously achieved the Snowflake Ready Technology Validation and recognized as a Premier partner within the Snowflake AI Data Cloud Products Tier, Denodo is uniquely positioned to help organizations maximize the value of their data across the Snowflake ecosystem. About Denodo Denodo is a leader in data management. The award-winning Denodo Platform is the leading logical data management platform for transforming data into trustworthy insights and outcomes for all data-related initiatives across the enterprise, including AI and self-service. Denodo's customers in all industries all over the world have delivered trusted AI-ready and business-ready data in a third of the time and with 10x better performance than with lakehouses and other mainstream data platforms alone. For more information, visit Media Contacts denodo@
National Post
11-06-2025
- Business
- National Post
Wigmore IT Leverages Cinchy's Data Collaboration Platform to Accelerate Gainsight Deployment
Article content TORONTO & LONDON — Wigmore IT, a leader in digital transformation solutions, is using Cinchy's Data Collaboration Platform to establish a universal data model that enables the rapid deployment of Customer Success applications within one week. By leveraging Cinchy's innovative approach to data connectivity and collaboration, Wigmore IT is eliminating data silos and accelerating time to value for its customers. Article content Traditional enterprise software deployments often require extensive data integration efforts, leading to costly delays and operational bottlenecks. By utilizing Cinchy's zero-copy integration and data collaboration capabilities, Wigmore IT is streamlining the process, ensuring seamless access to the data needed for Gainsight's customer success platform. Article content Article content 'With Cinchy, we can unify disparate data sources into a universal model without the need for complex ETL processes or middleware,' said Mark Deegn, CTO at Wigmore IT. 'This allows us to easily ingest critical data into powerful platforms such as Gainsight in just days rather than weeks or months, empowering our customers' teams with real-time insights and a single source of truth.' Article content 'Customer Success teams have always struggled to get the data they need into their system of record,' said Paul Patterson, CEO of Cinchy. 'Traditional methods take a lot of time, and limit the access to data needed to optimize success. Wigmore IT is leveraging Cinchy to give Customer Success organizations the data they need… fast.' Article content The collaboration between Wigmore IT and Cinchy underscores the power of data-centric architecture in transforming enterprise software adoption. By removing integration barriers, the companies are setting a new standard for agility in deploying customer success platforms. Article content Article content Article content
Yahoo
08-06-2025
- Business
- Yahoo
Salesforce Beat Out IBM for $8 Billion Informatica Deal
International Business Machines (IBM, Financials) was among the bidders for Informatica (INFA, Financials) prior to the $8 billion acquisition by Salesforce (CRM, Financials), people familiar with the matter told Bloomberg. Though IBM ultimately did not close the deal, its involvement highlights the competitive bidding process for the cloud data management firm. Warning! GuruFocus has detected 5 Warning Sign with MSFT. Salesforce CEO Marc Benioff confirmed the competition in a recent interview, saying, We were lucky to be the winning bid. Informatica shares were little changed at $24.13 on Wednesday, while IBM rose 0.1% to $265.52, with a market cap near $247 billion. IBM's interest in Informatica aligns with its multiyear strategy to expand software and hybrid cloud offerings through acquisitions. The company previously acquired Red Hat for $34 billion in 2019, Apptio for $4.6 billion in 2023, and HashiCorp for $6.4 billion earlier this year. Informatica had also attracted interest from Cloud Software Group, Bloomberg previously reported. The deal solidifies Salesforce's data integration push as rivals compete more aggressively in enterprise software. This article first appeared on GuruFocus.
Tahawul Tech
20-05-2025
- Business
- Tahawul Tech
Qlik launches new Open Lakehouse
Qlik®, a global leader in data integration, data quality, analytics, and artificial intelligence, recently announced the launch of Qlik Open Lakehouse, a fully managed Apache Iceberg solution built into Qlik Talend Cloud. Designed for enterprises under pressure to scale faster and spend less, Qlik Open Lakehouse delivers real-time ingestion, automated optimisation, and multi-engine interoperability — without vendor lock-in or operational overhead. This marks a major step forward in the evolution of modern data architectures. As organisations accelerate AI adoption, the cost and rigidity of traditional data warehouses have become unsustainable. Qlik Open Lakehouse offers a new path: a fully managed lakehouse architecture powered by Apache Iceberg that delivers 2.5x–5x faster query performance and up to 50% lower infrastructure costs, while maintaining full compatibility with the most widely used analytics and machine learning engines. 'Performance and cost should no longer be a tradeoff in modern data architectures', said Mike Capone, CEO of Qlik. 'With Qlik Open Lakehouse, enterprises gain real-time scale, full control over their data, and the freedom to choose the tools that work best for them. We built this to meet the demands of AI and analytics at enterprise scale — without compromise'. Qlik Open Lakehouse is built from the ground up to meet the scale, flexibility, and performance demands of modern enterprises — without the tradeoffs. It combines real-time ingestion, intelligent optimisation, and true ecosystem interoperability in a single, fully managed platform. Real-time ingestion at enterprise scale: Ingest millions of records per second from hundreds of sources — including cloud apps, SaaS, SAP, and mainframes — directly into Iceberg tables with low latency and high throughput. Ingest millions of records per second from hundreds of sources — including cloud apps, SaaS, SAP, and mainframes — directly into Iceberg tables with low latency and high throughput. Intelligent Iceberg optimisation, fully automated: Qlik's always-on adaptive Iceberg optimiser handles compaction, clustering, and pruning automatically, delivering up to 5x faster queries and 50% lower storage costs — no tuning required. Qlik's always-on adaptive Iceberg optimiser handles compaction, clustering, and pruning automatically, delivering up to 5x faster queries and 50% lower storage costs — no tuning required. Open by design, interoperable by default: Access data in Iceberg tables using a variety of Iceberg-compatible engines, including Snowflake, Amazon Athena, Apache Spark, Trino, and SageMaker — without re-platforming or reprocessing. Access data in Iceberg tables using a variety of Iceberg-compatible engines, including Snowflake, Amazon Athena, Apache Spark, Trino, and SageMaker — without re-platforming or reprocessing. Your compute, your cloud, your rules: Runs natively in your AWS VPC with Bring Your Own Compute (BYOC), giving you full control over performance, security, and cost. Runs natively in your AWS VPC with Bring Your Own Compute (BYOC), giving you full control over performance, security, and cost. One platform, end to end: From ingestion and transformation to governance, data quality, and FinOps visibility, Qlik provides a unified lakehouse experience — no patchwork, no handoffs. 'Enterprises are increasingly adopting lakehouse architectures to unify data across on-premises and cloud environments', said Matt Aslett, Director of Research, Analytics and Data at ISG Software Research. 'Qlik Open Lakehouse, which leverages open standards such as Apache Iceberg, is well-positioned to meet the growing demand for real-time data access and multi-engine interoperability, enabling enterprises to harness the full potential of their data for AI and analytics initiatives'. As AI workloads demand faster access to broader, fresher datasets, open formats like Apache Iceberg are becoming the new foundation. Qlik Open Lakehouse responds to this shift by making it effortless to build and manage Iceberg-based architectures — without the need for custom code or pipeline babysitting. It also runs within the customer's own AWS environment, ensuring data privacy, cost control, and full operational visibility. 'Qlik Open Lakehouse initiative is a significant development we're keenly watching', shared David Navarro, Data Domain Architect at Toyota Motor Europe. 'Large corporations like ours urgently need interoperability between diverse business units and partners, each managing its own technology stack and data sovereignty. Apache Iceberg is emerging as the key to zero-copy data sharing across vendor-independent lakehouses, and Qlik's commitment to delivering performance and control in these complex, dynamic landscapes is precisely what the industry requires'. Qlik Open Lakehouse is available now in private preview and is scheduled to be generally available in July 2025. Private preview is limited — early access is encouraged for teams looking to modernise ahead of GA. To learn more and request early access, visit our website or connect with us at Qlik Connect, May 14–17 in Orlando. Image Credit: Qlik
Yahoo
15-05-2025
- Business
- Yahoo
Lobster unveils its "Data World" - a digital ecosystem powering next-generation data integration
MUNICH, 15 May 2025 /PRNewswire/ -- A new chapter in digital supply chains begins today with the launch of the Lobster Data World – a revolutionary ecosystem that breaks down data silos, supercharges collaboration, and empowers organisations to unlock the full potential of their data. Developed by Lobster, the software company connecting people and data for a better future, this strategic move brings its entire suite of integration capabilities together into one single, seamless offering. The Lobster Data World will serve as the backbone for global supply chains, helping businesses adapt and innovate amid ever-shifting market demands. "As we navigate unpredictable landscapes, data has become one of the most powerful assets organisations have to mitigate risks and gain a competitive edge," said Tim Srock, CEO of Lobster. "The Data World isn't just another product – it's our vision for a truly connected world. We're empowering companies to eliminate recurring connectivity issues, anticipate challenges before they arise, and build smarter, more resilient supply chains." Data World: Solving real-world data challenges The Data World directly addresses today's most critical data integration pain points: Breaking down data silos: Integrates legacy infrastructure with modern cloud platforms to unlock trapped data. Seamless collaboration: Facilitates secure, real-time information exchange between trading partners through the Data Network. Intelligent insights: AI-driven analytics uncover actionable patterns for smarter decision-making. Accelerated innovation: Empowers teams to rapidly develop data-driven applications. Simplified governance: Ensures secure data access and policy implementation through built-in compliance features. The four pillars of the Data World Data Network: Connects shippers, retailers, logistics service providers, carriers, tech vendors in a seamless, zero-touch ecosystem. Hundreds of network participants are already seeing the benefits of automated onboarding, enhanced visibility, and significant cost savings. Data Ecosystem: The Data Ecosystem sustains our Data Network by bringing together strategic partners, a collaborative community, a dynamic marketplace, and continuous learning through Lobster Academy. This integrated approach accelerates innovation, empowers users, and drives value creation for customers. Data Products: Out-of-the-box, plug-and-play solutions for critical business processes. With a few clicks, companies can leverage fully managed Data Poducts for purchasing, logistics operations, e-commerce, and even e-invoicing. Data Platform: A configurable environment with intuitive drag-and-drop interfaces, enabling users – from developers to business teams – to create custom integrations and applications and even build on the functionality of the Data Products. "Technology is an enabler; people drive transformation," said Jethro Borsje, Chief Product Officer at Lobster. "That's why Lobster Data World is designed to be intuitive, scalable, and accessible – putting the power in the hands of every user." "The Lobster Data World is more than an evolution — it's a paradigm shift in connectivity," added Gonçalo Gaiolas, Chief Product & Technology Officer at SoSafe and Board Member of Lobster. "By unifying people, systems, and processes, Lobster is paving the way for a more adaptive and responsive global supply chain ecosystem." Lobster introduced the Data World to over 1,000 attendees at its Data Hero Summit, held on May 14th in Munich, Germany. The event served as a platform for showcasing real-world use cases, partner integrations, and hands-on demos of the new offering in action. About LobsterLobster is a software development company dedicated to connecting people and data for a better future. The Lobster Data World is a global data ecosystem that provides a 360° data view and empowers teams to solve challenges effectively. It eliminates complexity by enabling real-time integration and intelligent automation to break down silos and foster secure collaboration across complex supply chains. With a presence in DACH, the UK, France, Scandinavia, and the Benelux – serving over 2,000 customers globally – Lobster enables companies to unlock the full potential of their data and stay agile in a rapidly evolving digital world. Logo - - View original content to download multimedia:
