Five Minute Briefing - Information Management
May 15, 2024
Five Minute Briefing - Information Management: May 15, 2024. A concise weekly report with key product news, market research and insight for data management professionals and IT executives.
News Flashes
Alkira, the leader in on-demand network infrastructure as-a-service, is announcing the results of its Series C funding round, having raised $100 million—amounting to a total funding to date of $176 million. This funding round—led by Tiger Global Management with additional investment and participation from Dallas Venture Capital, Geodesic Capital, NextEquity Partners, Kleiner Perkins, Koch Disruptive Technologies, and Sequoia Capital—aims to accelerate Alkira's innovation efforts in the space of secure network infrastructure as-a-service.
Aerospike, Inc., the real-time database built for infinite scale, speed, and savings, is unveiling the latest iteration of its real-time, multi-model database, which notably introduces least recently used (LRU) cache eviction to its database core. Aerospike Database 7.1's advanced LRU functionality expands the database's enterprise-grade, in-memory caching use cases while also adding new caching, storage, and management capabilities that emphasize cost efficiency.
dbt Labs, the pioneer in analytics engineering, is introducing dbt Cloud enhancements designed to help businesses turn data into a competitive advantage as companies' data volumes explode and the need for trustworthy, high-quality data increases. "Accurate and timely data is crucial, which is why we've delivered a standardized way to quickly build reliable, holistic, and high-quality data pipelines at scale," said Luis Maldonado, VP of product at dbt Labs. "These new features take this even further, significantly improving data workflows and AI workloads, all while empowering more users with powerful business insights."
ScienceLogic, a provider of automated IT operations, is unveiling Autonomic IT—business-accelerating capabilities that combine data, artificial intelligence (AI), and automation to enable enterprises to focus on innovation. With support from the ScienceLogic SL1 platform, enterprises can achieve improved, global hybrid cloud visibility, significantly reduce IT complexity and costs, diagnose root cause faster, and leverage automation to slash manual effort as they progress towards the full realization of Autonomic IT, according to the company.