Five Minute Briefing - Information Management
November 25, 2024
Five Minute Briefing - Information Management: November 25, 2024. A concise weekly report with key product news, market research and insight for data management professionals and IT executives.
News Flashes
Kinesis Network, a global compute optimization platform, is announcing a new serverless innovation that allows enterprises to run workloads across a dynamic, multi-cloud environment. Addressing the demand for high-performance computing needed for AI, Kinesis' serverless feature empowers enterprises to unlock the value of idle computing power within its Compute-as-a-Service platform.
LogicMonitor, a leading SaaS-based hybrid observability platform powered by AI, is announcing a substantial infusion of capital—an investment of $800 million—from PSG, Golub Capital, and other contributors. Powering LogicMonitor's innovations in bridging AI and data centers, this latest funding will contribute to LogicMonitor's platform expansion, global footprint, and investment in new verticals.
Pegasystems Inc., The Enterprise Transformation Company, is introducing new AI-driven legacy discovery capabilities in Pega GenAI Blueprint to accelerate the task of modernizing legacy systems. These new features empower IT teams to analyze their existing systems in seconds and reimagine their workflows while reducing technical debt, according to Pega.
Tempest, the company helping teams deliver better code, faster, is emerging from stealth backed by $3.2 million in funding, with the aim of delivering a complete developer platform that can be deployed in hours instead of months. Brought to you by the team behind Fleetsmith, a company acquired by Apple in 2020, Tempest seeks to alleviate the burden of infrastructure tasks from developers with a unified platform that boosts developer productivity and maximizes return on engineering investments.