Five Minute Briefing - Information Management
December 8, 2023
Five Minute Briefing - Information Management: December 8, 2023. A concise weekly report with key product news, market research and insight for data management professionals and IT executives.
News Flashes
VAST Data, the AI data platform company, is announcing the results of its Series E funding, having raised $118 million. The funding round—led by Fidelity Management & Research Company with participation from New Enterprise Associates (NEA), BOND Capital, and Drive Capital—will serve VAST Data's go-to-market efforts for a new category of infrastructure which puts data at the core of how systems think, react, and discover.
Investment in the cloud shows no signs of stopping despite the recent uptick in organizations rushing to adopt AI and other rising solutions. According to Gartner, business needs and emerging technologies including GenAI will drive cloud model innovation. Here, tech leaders share their predictions for cloud in 2024.
Logz.io, provider of Open 360, the easy-to-use, cost-efficient observability platform, is announcing the launch of App 360, a modern alternative to Application Performance Management (APM) joining Logz.io's Open 360 platform. Engineered to deliver comprehensive APM functionality, App 360 improves this area by empowering ease-of-use and affordability.