Data management stories - Page 33

In the financial services sector, back-office operations are often neglected, yet innovations in AI could unlock their vital potential for driving growth.

Haoyuan Li, CEO of Alluxio, predicts that by 2025, multi-modal training and innovative data strategies will reshape AI infrastructure and its deployment.

Clay has raised USD $40 million in Series B funding, boosting its valuation to USD $1.25 billion following impressive revenue growth and strategic acquisitions.

Alibaba Cloud has been named a Leader for the fifth consecutive year in the 2024 Gartner Magic Quadrant for Cloud Database Management Systems.

ThoughtSpot has unveiled Analyst Studio, a new platform aimed at streamlining data preparation, enhancing analytics, and optimising cloud costs for data teams.

Seagate Technology has begun shipping Exos M hard drive samples with capacities up to 36TB, utilising its Mozaic 3+ platform to enhance data storage solutions.

Hitachi Vantara's Virtual Storage Platform One has been named a Leader in the latest GigaOm Radar Report, highlighting its exceptional hybrid cloud capabilities.

Keepit has secured $50 million in funding to bolster global expansion and innovate its data protection services, raising total funds to $90 million.

A study from Syrenis reveals that 71% of AI users regret sharing their data, highlighting rising concerns over privacy in an AI-driven world.

Data management platform Conduktor has raised USD $30 million in Series B funding to fuel its expansion into the US market amid soaring real-time data demand.

Nasuni has revealed that major retail brands like Patagonia and Mattel are leveraging its platform to meet increased demand during the holiday season.

Zetaris forecasts 2025 as the year of 'Automation of Everything', urging Australian businesses to rethink strategies amid rising geopolitical uncertainties.

A new study by Unit4 advocates a human-first strategy for creating AI-driven workplaces, highlighting the need for cultural shifts and expert roles.

The global software defined data centre market is set to reach USD $1.49 trillion by 2036, driven by advancements and rising data centre demands.

Elise Balsillie of Thryv advises small businesses on integrating AI, highlighting data quality and the importance of balancing automation with human interaction.

Seagate broadens its Lyve Cloud with new features and sites in Germany and Japan, aiming to enhance cost optimisation, efficiency, and scalability for enterprises.

TeamViewer's latest research reveals that 33% of businesses with top-tier tech connectivity report industry-leading financial performance, compared to 16% with good connectivity.

Oracle and Anduril have partnered to integrate Anduril's Lattice software with Oracle Cloud Infrastructure, enhancing global defence and security operations.

Qumulo appoints Douglas Gourlay as CEO and President, tasking the former Arista Networks exec with driving the next growth phase amid AI and cloud innovations.

The global Industry 4.0 market is poised to expand from USD $93.6 billion in 2024 to USD $512.2 billion by 2034, driven by digital innovation across sectors.