Five Minute Briefing - Information Management
June 20, 2018
Five Minute Briefing - Information Management: June 20, 2018. A concise weekly report with key product news, market research and insight for data management professionals and IT executives.
News Flashes
BlueData, provider of a Big-Data-as-a-Service (BDaaS) software platform, is releasing updates for its BlueData EPIC platform, building upon innovations for large-scale distributed analytics and machine learning (ML) workloads on Docker containers. This summer release is the result of collaboration with BlueData's enterprise customers to develop new functionality in each of these areas to support their Big Data and AI initiatives - as they extend well beyond Hadoop and Spark to a range of different ML / DL and data science workloads, and beyond on-premises infrastructure to public cloud and hybrid architectures.
Hewlett Packard Enterprise is planning to invest $4 billion in Intelligent Edge technologies and services over the next four years. Specifically, HPE will invest in research and development to advance and innovate new products, services and consumption models across a number of technology domains such as security, AI and machine learning, automation, and edge computing.
Immuta revealed it has raised $20 million in Series B funding, which will be used to accelerate global customer growth and extend product leadership. The funding round was led by DFJ Growth, with participation from new investors, Dell Technologies Capital and Citi Ventures, and existing investors, Drive Capital and Greycroft.
Melissa, a provider of global contact data quality and identity verification solutions, is partnering with Scanovate, a digital identity management platform, to provide mobile identity management. Scanovate empowers businesses to interact with mobile device users, offering frictionless onboarding while meeting compliance concerns as the first step in managing risk.
NGINX, which offers a suite of technologies designed to develop and deliver modern applications, has raised $43 million in Series C funding led by Goldman Sachs Growth Equity. Stating that application modernization is imperative to achieving successful digital outcomes and drives increased enterprise adoption of microservices architecture to complement legacy applications and support evolving application demands, NGINX says it seeks to capitalize on the opportunity and help enterprises in their modernization journey - a market projected to reach $32.01 billion by 2023 and growing at more than 16% compound annual growth rate (CAGR).
Quest Software has announced enhancements to the KACE product line that simplify organizations' endpoint management and help create a more secure computing environment.