Analytics and Data Science News for the Week of May 17; Updates from Alteryx, Databricks, Sigma Computing & More

Solutions Review Executive Editor Tim King curated this list of notable analytics and data science news for the week of May 17, 2024.

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 May 17, 2024

Alteryx Releases New AiDIN Copilot

AiDIN Copilot will place tools directly on the Alteryx Designer canvas, reduce the time spent on manual configurations, and overall accelerate the analytics process. Users will be able to simply chat with AiDIN Copilot, and it will respond back with best-practice answers to guide the creation of analytics workflows in Alteryx Designer.

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Cube Drops New Capabilities to Enable AI & Embedded BI

Cube Cloud’s universal semantic layer gives large language models (LLMs) the context they need to make sense of data and produce more accurate outputs. In addition, Cube Cloud ensures that data used in AI applications can be trusted and remains secure.

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Databricks Launches Mosaic AI Traning for Customers

These custom models are especially useful when applied to particular domains (e.g., legal, finance, etc.) and when trained to handle low-resource languages. Customers commonly pre-train custom models or extensively continue training on open source models to power their unique business use cases.

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Microsoft Integrates Power BI with Azure Log Analytics

To enhance customer comprehension of the activities of the semantic model, a new event called ‘ExecutionMetrics’ is now generated for each Discover, Command, and Query request. This event provides useful execution metrics for the respective request.

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Sigma Computing Secures $200 Million in New Venture Capital

The company announced it has raised $200M in Series D financing to continue transforming BI through its innovations in AI infrastructure, data application development, enterprise-wide collaboration, and business user adoption.

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ThoughtSpot Names James Smith VP of EMEA

Smith brings over a decade of experience helping companies transform how they leverage data to make decisions and drive their business. Most recently, Smith served as Tableau’s UK&I General Manager, where he helped companies transform how analysts leverage and present data.

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Walmart Set to Launch Luminate Analytics Platform Globally

Mirroring the strategy used in the U.S., this will be a phased launch, starting with Shopper Behavior followed by Channel Performance and Customer Perception. We couldn’t be more excited to extend our innovative retail solutions to these new markets and empower our merchants and suppliers with a shared view of the customer and our products.

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Expert Insights Section

Watch this space each week as our editors will share upcoming events, new thought leadership, and the best resources from Insight Jam, Solutions Review’s enterprise tech community for business software pros. The goal? To help you gain a forward-thinking analysis and remain on-trend through expert advice, best practices, predictions, and vendor-neutral software evaluation tools.

Solutions Review Set to Host Databricks & ZoomInfo for Exclusive Roundtable May 29

With the next Expert Roundtable event, the team at Solutions Review has partnered with Databricks and ZoomInfo to cover why bad data is the problem, how Databricks and ZoomInfo help companies build a unified data foundation that fixes the bad data problem, and how this foundation can be leveraged to easily scale and use data + AI for GenAI.

Register free on LinkedIn

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

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