Analytics and Data Science News for the Week of August 4; Updates from Akkio, Domo, ThoughtSpot & More

Solutions Review editors curated this list of the most noteworthy analytics and data science news items for the week of August 4, 2023.

Keeping tabs on all the most relevant analytics and data science news can be a time-consuming task. As a result, our editorial team aims to provide a summary of the top headlines from the last week, in this space. Solutions Review editors will curate vendor product news, mergers and acquisitions, venture capital funding, talent acquisition, and other noteworthy analytics and data science news items.

Analytics and Data Science News for the Week of August 4, 2023

Akkio Raises $15 Million in Series A Funding

The funding accelerates the commercialization of Akkio’s powerful, easy-to-use, and affordable AI platform. Akkio has hundreds of customers that chat with their data, generate live dashboards, and use machine learning to predict future outcomes across their operations, such as lead scoring, forecasting, content optimization, and more.

Read on for more. Integrates Free Ingest Data Management Tools into Databricks

Ascend’s architecture offers enterprise-grade security and supports both SaaS and private deployment models, with enterprises receiving a fully dedicated instance inside their own cloud account and network. This ensures that data from sources inside their network never leaves their security perimeter until it is loaded into Databricks.

Read on for more.

Databricks Launches New AI Assistant, Security, Compliance Controls on AWS & Azure

Azure Databricks is now certified PCI-DSS (Classic) and HIPAA (Databricks SQL Serverless) compliant. Additionally, AWS Databricks SQL Serverless is certified HIPAA, PCI and FedRAMP Moderate compliant as a public preview.

Read on for more.

Dataiku & Databricks Partner on New Research on ROI Surrounding AI Initiatives

Dataiku and Databricks surveyed over 400 global senior AI professionals across a range of enterprises and industries in early June 2023 to explore AI adoption and perceptions. A majority agreed that AI had made its value clear across their organizations.

Read on for more.

Domo Named Overall Leader in Dresner’s 2023 Wisdom of the Crowds BI Market Study

Dresner Advisory Services’ 14th edition of this report provides a comprehensive look and broad assessment of the BI market. The report includes in-depth analyses of BI topics such as adoption and deployment, data leadership, organization budgets, data literacy and objectives and achievements.

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Gartner Unveils Top Trends for Future of Data Science & Machine Learning

Gartner, Inc. today highlighted the top trends impacting the future of data science and machine learning (DSML) as the industry rapidly grows and evolves to meet the increasing significance of data in artificial intelligence (AI), particularly as the focus shifts towards generative AI investments.

Read on for more.

Salesforce Adds New Einstein Studio to its Data Cloud Offering

Targeted at data scientists and engineers, Einstein Studio is designed to help enterprises connect their Salesforce data to any AI or large language model, including Llama 2 and OpenAI’s GPT 4, for enhancing and accelerating the development of AI and generative AI applications

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ThoughtSpot Officially Launches AI Explain on ThoughtSpot for Sheets

AI Explain integrates Google’s PaLM 2 LLM, specifically leveraging the Bison model to automatically generate the top data stories for any visualization created with our Sheets extension. The app launched in October 2022 and already has thousands of users from Fortune 500 companies, startups, non-profits, universities, and more.

Read on for more.

Expert Insights Section

Expert Insights Badge SmallWatch this space each week as Solutions Review editors will use it to share new Expert Insights Series articles, Contributed Shorts videos, Expert Roundtable and event replays, and other curated content to help you gain a forward-thinking analysis and remain on-trend. All to meet the demand for what its editors do best: bring industry experts together to publish the web’s leading insights for enterprise technology practitioners.

This 3-hour virtual event is designed to help data leaders evaluate and select data mesh and data fabric tools that deliver and manage discoverable, addressable, and trusted data products. The event compresses the time it takes data leaders to understand an emerging technology, create a short list of products, and hear tips from experts, practitioners, and solutions providers in the field.

Read on for more.

Solutions Review Set to Host Monte Carlo for Exclusive Spotlight Webinar on August 21

With the next Solutions Spotlight event, the team at Solutions Review has partnered with leading reliability vendor Monte Carlo to provide viewers with a unique webinar called Architecting for Data Quality in the Lakehouse.

Read on for more.

What to Expect at Denodo DataFest 2023 on September 12-14

This event offers opportunities to learn about best practices and tips for leveraging the Denodo Platform’s logical approach for cloud modernization, self-service analytics, data science and machine learning (ML), data fabric, data mesh, and more.

Read on for more.

For consideration in future data science news roundups, send your announcements to the editor: [email protected].

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