BIG News: Atlan has been named a Leader in the Forrester Wave™: Enterprise Data Catalogs, Q3 2024!
Atlan received the HIGHEST score possible in 15 criteria, and the HIGHEST scores across all vendors in Current Offering and Strategy.
Full report: https://t.co/GiEbLg9aiT

— Atlan (@AtlanHQ) August 7, 2024

Unparalleled Partner in AI Data Governance

The Forrester report emphasizes Atlan’s role as an unparalleled partner for organizations focused on data democratization and AI-enhanced self-service to governed data. Atlan received the highest possible scores in 15 criteria, including data lineage, data privacy, and security.

“Forrester’s recognition of Atlan as a leader underscores our commitment to delivering value through AI-powered data catalogs,” – Prukalpa Sankar, co-founder of Atlan.

“We aim to empower data teams across industries with tools that enhance data understanding and governance.”

Key Strengths and Customer Satisfaction

Atlan’s AI-driven catalog and rapid value delivery were significant factors in its high scores. The company’s ability to address strategic customer needs through automation and personalized services was highly rated. According to Forrester, Atlan is “quickly outpacing established players by adeptly anticipating and addressing strategic customer needs through automation.”

Comprehensive AI and Data Governance Solutions

Atlan’s platform integrates complex datasets, governance, business insights, and AI enablement. Features such as AI/ML metadata, end-to-end data lineage, and personalized user experiences contribute to its leadership in the market. These tools help businesses manage and understand their data ecosystems effectively, offering context-aware relationship mapping, sophisticated workflows, and dynamic access controls.

Visionary Growth and Innovation

Atlan’s data governance and AI offerings have driven significant growth and customer acquisition. The company’s focus on advanced automation capabilities and customer needs has resulted in substantial revenue increases and high satisfaction rates.

“Atlan differentiates itself with a personalized, AI-driven catalog, providing quick value,” – Jayesh Chaurasia, Forrester analyst.

Rapid Revenue Growth and Industry Recognition

Experiencing more than 7x revenue growth over the past two years, Atlan’s market presence is expanding rapidly. The company’s recent $105 million Series C funding round and 400% enterprise sales growth reflect the strong demand for its AI data readiness and governance solutions. Forrester’s recognition comes during this period of enormous growth and innovation for Atlan.

What Lies Ahead for Enterprise Data Catalogs?

Atlan’s recognition provokes thought about the future of data governance and AI integration. How will these technologies evolve, and what role will Atlan play in this landscape? Share your thoughts in the comments below.

Photo by Claudio Schwarz on Unsplash

The post Atlan Recognized as Leader in The Forrester Wave™ for Enterprise Data Catalogs, Q3 2024 first appeared on Tech Insight.

Widespread Disruptions

The cloud company reported that the Central US region is back online after over five hours of downtime. However, services may take longer to resume normal operations. According to a status update, “Mitigation has been confirmed for all Azure Storage clusters, the majority of services are now recovered. A small subset of services is still experiencing residual impact. Impacted customers will be continuing to communicate through the Azure service health portal.”

CrowdStrike’s Blue Screen of Death

CrowdStrike’s update inadvertently caused blue screen of death errors on Windows PCs. The overlap with the Azure outage has made it challenging to pinpoint the exact cause of various service disruptions. CrowdStrike has rolled back the update, but the damage had already been done for many users. “Our entire company is offline,” one IT admin said on Reddit, blaming the CrowdStrike update.

A faulty update from cybersecurity provider CrowdStrike is knocking affected PCs with Windows, forcing them into a BSOD (blue screen of death).

These are apparently the workaround steps. pic.twitter.com/ABbtRZQyON

— Massimo (@Rainmaker1973) July 19, 2024

Impact on Airlines

Several airlines, including Frontier, American, and United Airlines, were forced to ground flights. Melbourne airport reported global technology issues affecting check-in procedures. Melbourne airport told customers it was “experiencing a global technology issue which is impacting check-in procedures for some airlines.”

This is MASSIVE.

Delta, United & American Airlines have grounded their flights due to a communication issue, according to the FAA.

A “major Microsoft technical outage” is impacting Azure cloud computing and Microsoft 365 applications.

The timing is remarkable. pic.twitter.com/UNfdOmH2sV

— Kyle Becker (@kylenabecker) July 19, 2024

Train Services Halted

UK’s Thameslink Railway brands—Southern, Thameslink, Gatwick Express, and Great Northern—experienced significant disruptions due to the outages. The timing of the two seemingly unrelated outages has made it hard to ascertain which one has led to the following service disruptions, or if it is a combination of both.

Microsoft Services Down

Microsoft services such as Xbox Live and Microsoft Teams were down for several hours, affecting countless users worldwide. The disruption highlighted the dependency on cloud services for essential communications and entertainment.

Banking and Retail Impact

Australian banking apps and supermarket systems faced significant outages, disrupting transactions and operations. This incident underscores the vulnerabilities in the financial sector’s reliance on cloud-based services.

Telecom and Media Affected

Telecom firm Telstra reported disruptions due to both Microsoft and CrowdStrike outages. Sky News in the UK and Australia was unable to broadcast live during the incident. This event emphasizes the critical role of IT infrastructure in media and telecommunications.

IT Admins Struggle

IT admins worldwide shared their frustrations on platforms like Reddit, with one admin stating their entire company was offline due to the CrowdStrike update. Although CrowdStrike has rolled back the update, affected systems remain problematic. The simultaneous issues have amplified the challenges faced by IT professionals in managing and recovering from such incidents.

"Put everything in the cloud," they said.

Global @Microsoft @Azure DevOps #outage pic.twitter.com/ge9So5M8Ir

— Ronny Fritz (@RonnyFritz) July 19, 2024

Microsoft’s Explanation

In a status update, Microsoft explained that a configuration change in a backend cluster management workflow caused the issue. “A backend cluster management workflow deployed a configuration change causing backend access to be blocked between a subset of Azure Storage clusters and compute resources in the Central US region. This resulted in the compute resources automatically restarting when connectivity was lost to virtual disks.” While most services have recovered, a small subset continues to experience residual impacts.

How Prepared is Your Organization for Simultaneous IT Outages?

This incident serves as a stark reminder of the importance of robust IT disaster recovery plans. How prepared is your organization for simultaneous IT outages? Share your thoughts and experiences in the comments below.

Photo by Ivan N on Unsplash

Check back for regular updates to this outage.

The post Microsoft Azure Outage and Faulty CrowdStrike Update Cause Global Chaos first appeared on Tech Insight.

The expansion of artificial intelligence is closely tied to the development of more powerful computing capabilities. Within the AI community, there’s a shared understanding that significant progress hinges on rethinking computing infrastructure. One emerging strategy involves leveraging light for GPU communication, a development that could significantly alter supercomputer architecture.

Breaking the Bottleneck with Beams

The traditional reliance on electrical signals for data transfer, especially in the context of training AI algorithms, presents notable limitations. By transitioning to optical links, data can move between chips at unprecedented speeds, eliminating the conversion bottleneck and facilitating a leap in computational efficiency.

Connecting the Dots with Light

The introduction of Lightmatter’s Passage technology exemplifies this new direction. By employing optical interconnects, Passage enables direct, high-bandwidth communication between GPUs. This innovation is not merely an enhancement; it represents a paradigm shift in how data centers could operate, promising to support AI training endeavors on a scale previously deemed unattainable.

The Energy Efficiency Equation

One of the most compelling arguments for this shift is the potential for significant energy savings. Traditional electrical interconnects are not only slower but also more power-hungry. Optical communication, by contrast, offers a pathway to more sustainable, large-scale AI operations, aligning with the increasing global focus on energy efficiency.

Future-Proofing AI Infrastructure

As we stand on the brink of what could be the next major advancement in AI, the industry’s move towards integrating light-based communication technologies reflects a broader trend of innovation and adaptation. This approach doesn’t just solve current challenges; it lays the groundwork for future developments, potentially accelerating our journey towards realizing the full promise of artificial general intelligence.

In Summary

The journey towards advanced AI supercomputers is marked by a continuous quest for improvement and innovation. By embracing the power of light, the field is poised to overcome existing barriers, setting the stage for a new era of computing that is faster, more efficient, and ready to tackle the next frontier of artificial intelligence challenges.

Photo by Yura Macro on Unsplash

The post To Build a Better AI Supercomputer, Embrace the Light first appeared on Tech Insight.

Strategic Investment and Technological Upgrades

AtlasEdge’s commitment to transforming the digital landscape of Leeds is evident in its substantial investment exceeding £13 million to refurbish what was already the largest purpose-built data center in the city.

“This investment showcases our commitment to not just enhancing the existing infrastructure but also ensuring that it meets the Tier 3 standard, thus setting a new benchmark for data centers in the region,” – Giuliano Di Vitantonio, CEO of AtlasEdge.

The facility’s overhaul includes the installation of a new intake substation, state-of-the-art transformers, and switchgear, alongside additional generators and UPS systems. The incorporation of energy-efficient cooling systems and a comprehensive suite of security measures further underscores the data center’s readiness to support high-demand digital activities with unparalleled reliability and sustainability.

A Hub for Connectivity, Colocation, and Cloud Services

AtlasEdge’s Leeds data center is poised to provide a trifecta of critical services: connectivity, colocation, and cloud solutions. By doing so, it aims to cater to the UK’s fastest-growing city economies, meeting the burgeoning need for lower latency, higher performance, and localized digital services. Di Vitantonio elaborated on the center’s significance, “This facility is not just the first of its kind in Leeds but a purpose-built solution to serve the growing requirements for advanced digital infrastructure.”

Implications for Local and Global Businesses

The opening of the Leeds data center has already attracted significant interest from a broad spectrum of clients, ranging from local businesses to multinational platforms and enterprises. Highlighting the center’s impact, David Cusworth, EMEA managing director of Hardy Fisher Services, noted, “The infrastructure that this state-of-the-art data center brings to Leeds is game-changing. It offers comprehensive solutions, from round-the-clock connectivity to exceptional security and carbon-efficient cooling systems, right on our clients’ doorstep.”

AtlasEdge’s Continued Expansion and Future Prospects

The launch is part of AtlasEdge’s ongoing expansion across Europe, with recent developments including new facilities in Hamburg and Vienna.

“Our ability to execute ambitious mergers and acquisitions on a pan-European scale is demonstrated by our recent expansions, solidifying our presence across 19 metropolitan areas in 12 countries,” Di Vitantonio remarked.

Looking ahead…

The unveiling of the Leeds data center by AtlasEdge marks a pivotal moment in the city’s journey towards becoming a leading digital hub in the UK and Europe. With its advanced infrastructure and comprehensive digital services, the facility is set to play a crucial role in supporting the digital economy’s growth, both locally and regionally. We invite our readers to share their thoughts and insights on how this development might shape the future of digital services and infrastructure in Leeds and beyond.

Photo by Bradley Caslin on Unsplash

The post AtlasEdge Launches State-of-the-Art Leeds Data Center to Boost Digital Hub Status first appeared on Tech Insight.

Introduction

In the rapidly evolving world of enterprise networking, standing out requires not just keeping pace with technological advancements but setting the benchmark for innovation and reliability. Extreme Networks has achieved this and more, as evidenced by its latest commendation from Gartner, a leading research and advisory company. This prestigious recognition places Extreme Networks at the forefront of cloud networking, highlighting its visionary approach and exceptional execution in the technology sector.

Extreme Networks’ Innovative Edge

At the heart of Extreme Networks’ success is its relentless pursuit of innovation. The company has distinguished itself with several groundbreaking products, including the industry’s first Wi-Fi 7 access point, the ExtremeCloud Universal ZTNA network access solution, cloud-managed 4000 Series Universal Switches, and ExtremeCloud Edge – the industry’s first networking cloud continuum. These advancements demonstrate Extreme Networks’ ability to anticipate and meet the evolving needs of businesses, ensuring superior performance, security, and manageability.

The Gartner Magic Quadrant Recognition

The Gartner Magic Quadrant is renowned for its rigorous evaluation of companies in the technology sector, assessing them on their completeness of vision and ability to execute. Being named a Leader in this report is a testament to Extreme Networks’ innovative advances and comprehensive vision.

“Extreme’s solutions are unmatched in helping customers find new ways to deliver better business outcomes across their organizations,” said Ed Meyercord, President and CEO at Extreme.

“Extreme removes the friction associated with enterprise networking and is proud to be recognized as a Leader by Gartner for the sixth consecutive time.”

Unmatched Customer Satisfaction

Extreme Networks’ commitment to innovation is matched by its dedication to customer satisfaction. The company has been continuously recognized as a Gartner Peer Insights Customers’ Choice for Wired and Wireless LAN Infrastructure since 2019. Customer reviews frequently laud the firm’s unparalleled support and assistance, seamless cloud management via the ExtremeCloud IQ platform, and the cooperative and knowledgeable nature of the sales and pre-sales teams. Such accolades are a clear indicator of the company’s priority to serve and support its clients effectively.

Looking Forward

As Extreme Networks continues to lead and redefine the landscape of enterprise networking, its future looks incredibly promising. The recognition by Gartner not only highlights the company’s past achievements but also sets the stage for its future endeavors in cloud networking. With a foundation built on innovation, customer satisfaction, and a forward-thinking approach, Extreme Networks is poised to continue its trajectory of success, shaping the future of enterprise networking for the better.

In conclusion, Extreme Networks’ latest recognition by Gartner underscores its position as a leader in the enterprise LAN infrastructure market. Through innovation, dedication to customer satisfaction, and a visionary approach, the company continues to set the standard for excellence in cloud networking. As we look forward to witnessing Extreme Networks’ future achievements, we invite our readers to share their thoughts and experiences with Extreme Networks’ solutions. How do you see the evolution of enterprise networking impacting your business? Join the conversation below.

Photo by Jordan Harrison on Unsplash

The post Extreme Networks Dominates as Leader in 2024 Gartner Magic Quadrant for Enterprise LAN Infrastructure first appeared on Tech Insight.

Expansion Strategy and Acquisition

Ardent Data Centers’ expansion is strategically poised to address the global demand for compute power. With Letters of Intent already in place for two sites in the United States and preferred bidder status for a key site in the United Kingdom, Ardent is rapidly advancing its international data center acquisition strategy. This expansion is not just a geographical growth but a leap towards supporting cutting-edge technologies like Generative AI.

Focus on Generative AI and HPC

The heart of Ardent’s strategy lies in its dedication to providing top-notch HPC solutions. These are crucial for powering the next generation of Generative AI applications, a domain where demand is escalating exponentially. According to Corey Needles, Managing Director of Ardent Data Centers:

“We are focused on building the most efficient, future-ready network of HPC co-location capacity in the market. These sites will represent an important next step in the expansion of our portfolio.”

Environmental Commitment

Ardent Data Centers is not just expanding its capacity but also its commitment to the environment. The data centers will feature the most efficient, purpose-built liquid cooling technology. This move not only ensures lower Power Usage Effectiveness (PUE) ratios but also signifies Ardent’s dedication to reducing the environmental impact of compute-intensive processes.

Collaboration with Taiga Cloud

In a synergistic move, Ardent will also bolster its sister company, Taiga Cloud, by providing more infrastructure for its NVIDIA H100 deployments. This collaboration reflects the interconnected nature of the Northern Data Group’s companies, all moving towards a common goal of technological advancement and efficiency.

Comments from Leadership

Aroosh Thillainathan, CEO of Northern Data Group, commended the rapid progress made by Ardent, highlighting the company’s role in capturing the vast opportunities in the HPC market.

“This is a further demonstration of our ability to relentlessly pursue growth opportunities, delivering value for stakeholders,” he added.

Conclusion

With its strategic investments and technological advancements, Ardent Data Centers is poised to become a pivotal player in the HPC and Generative AI arenas. The company’s commitment to efficiency, environmental sustainability, and technological prowess marks a new era in data center capabilities. As Ardent Data Centers embarks on this exciting journey, we invite our readers to share their thoughts and perspectives on this significant expansion. How do you see this influencing the future of high-performance computing and Generative AI? Share your views in the comments below and join the conversation about this groundbreaking development in the tech world.

Visit our homepage for more insights.

The post Ardent Data Centers Invests €110M in Global Expansion for AI & HPC first appeared on Tech Insight.

In an exciting development for the world of motorsports, SAP SE has announced a groundbreaking partnership with the Mercedes-AMG PETRONAS F1 Team. Beginning in 2024, this collaboration is set to revolutionize the Formula One landscape by integrating advanced AI and cloud solutions to enhance operational efficiency and data-driven decision-making. This SAP Mercedes-AMG F1 partnership heralds a new era of technological innovation in one of the most challenging and dynamic sports globally.

The Role of SAP’s Technology in F1 Racing

SAP’s cutting-edge S/4HANA Cloud, private edition, serves as the technological backbone of this initiative. The focus is on exploiting AI and cloud solutions to optimize the team’s decision-making processes, resource management, and IT infrastructure. The Mercedes-AMG PETRONAS F1 Team will utilize these tools for real-time data analysis, predicting outcomes, and fine-tuning their race strategies to gain a competitive edge.

Efficiency and Cost Management Strategies

A key aspect of this partnership is mastering the cost-cap challenge in Formula One. The cost cap is a regulatory limit on team spending, essential for maintaining a level playing field. SAP’s S/4HANA Finance solution will play a pivotal role in efficiently allocating resources and forecasting costs. Julia White, SAP SE Executive Board Member, emphasizes the significance of this collaboration: “Formula One is one of the most technologically innovative sports in the world… SAP is proud to partner with the Mercedes-AMG PETRONAS F1 Team to make sure its operations are as fine-tuned as its cars.”

Behind-the-Scenes: SAP’s Impact Beyond the Racetrack

Beyond race-day performance, SAP’s technology will streamline the Mercedes-AMG PETRONAS F1 Team’s backend operations. This includes optimizing the supply chain, reducing lead times for critical components, and ensuring a seamless flow of parts during race weekends. Toto Wolff, CEO and Team Principal of the Mercedes-AMG PETRONAS F1 Team, expressed his enthusiasm: “We have a shared heritage and commitment to innovation and improvement, which will meaningfully contribute to our on-track performance.”

A Vision for Future Automotive Innovations

This partnership is more than a collaboration between two industry leaders; it’s a blueprint for the future of the automotive sector. Formula One has always been a testing ground for automotive innovation, and the SAP Mercedes-AMG F1 partnership promises to yield advancements that will benefit the broader industry and SAP’s global clientele.

Conclusion

The SAP Mercedes-AMG F1 partnership marks a significant milestone in the convergence of technology and motorsports. By harnessing the power of AI and cloud computing, this alliance is set to redefine what’s possible in the high-octane world of Formula One racing. As we anticipate the innovations and achievements that will stem from this collaboration, we invite our readers to share their thoughts and insights on this exciting development. How do you think technology will continue to shape the future of motorsports? Join the conversation in the comments section below.

The post SAP & Mercedes-AMG F1 Team Unite for High-Tech Racing Revolution first appeared on Tech Insight.

Aviatrix at the Forefront of Cloud Networking

As enterprise cloud deployments evolve, the need for more streamlined and secure networking solutions becomes paramount. Aviatrix is responding to this call with innovative solutions. At Booth #890, attendees will have the unique opportunity to engage with Aviatrix’s team of experts and learn from their insights and experiences in the field.

Insights from Industry Experts

The event promises an array of sessions led by Aviatrix and its partners. Notable is the “Unpack the Aviatrix Distributed Cloud Firewall for AWS” breakout session, where leading companies such as Choice Hotels International and Republic Airways will share their experiences in building modern cloud infrastructures. This panel will delve into architecture models that align with the AWS Well-Architected Framework, discussing how to boost performance and security while achieving significant cost savings.

Zach Hughes from CHS will be featured in an interview with GeekWire, shedding light on the real challenges and triumphs encountered during a three-year cloud journey.

“Hearing about his approach and what he’s looking forward to is invaluable for anyone navigating the cloud landscape,” says an Aviatrix spokesperson.

Transforming AWS Network Management

Another highlight is the “Simplify, Optimize, and Enhance AWS Network Management” lightning talk. This session will introduce tools designed to enhance service-to-service communication and troubleshooting capabilities, significantly easing the management of hybrid cloud environments.

Partnership and Innovation with AWS

Aviatrix’s CEO, formerly of Splunk, will discuss the latest technology trends and the company’s strategic collaboration with AWS. This partnership exemplifies Aviatrix’s commitment to providing robust, secure cloud networking solutions.

Networking and Social Opportunities

The event is not just about learning; it’s also about connecting. The Aviatrix Cocktail Reception and the ACE Networking Meetup offer excellent opportunities for attendees to network with peers and industry leaders. Moreover, the chance to win custom Aviatrix Nike Sneakers adds an element of excitement to the event.

Join the Conversation

Aviatrix’s presence at AWS re:Invent 2023 is more than just a showcase of its capabilities – it’s a testament to the company’s commitment to driving innovation in secure cloud networking. As the event unfolds, we invite you to join the conversation. Share your thoughts, experiences, and insights on secure cloud networking in the comments below. Your voice matters in shaping the future of this rapidly evolving field.

View more insights on our homepage.

The post Aviatrix to Display Secure Cloud Networking Offering at AWS re:Invent 2023 first appeared on Tech Insight.

In a rapidly evolving digital landscape, the banking, financial services, and insurance (BFSI) sector is embracing a revolutionary technology: edge computing. This paradigm shift, moving computing closer to data sources, is akin to transforming a once-clear path into an efficient superhighway, bypassing the congested routes of traditional data processing.

The Evolution of Computing in BFSI

Imagine a solitary box in an open field, easily accessible but increasingly obstructed over time by natural growth. This metaphor, eloquently portrayed in a recent discussion on technological evolution, mirrors the BFSI sector’s journey. As noted, computing continues to evolve with more applications and increased functionality, resulting in a dense and cluttered thicket slowed by vast amounts of data. Edge computing emerges as the solution, decentralizing resources to streamline and expedite data processing.

Gaining an Edge in Data-Rich Industries

The world anticipates generating over 460 exabytes of data daily by 2025. BFSI, a data-intensive industry, stands at the forefront of this explosion. Traditional data processing, likened to “only building a two-lane highway into a major metro area whose population exploded,” is proving inadequate. Edge computing, by moving data centers closer to data generation points, offers a remedy to this bottleneck.

1. Better Customer Experience (CX)

In the realm of BFSI, customer experience hinges on speed and accuracy. Edge computing significantly reduces transaction times, enhancing customer satisfaction. Deloitte highlights its potential to offer personalized and relevant content delivered through preferred digital channels. In regions with limited connectivity, it ensures continued financial operations, thus broadening financial inclusivity.

2. Improved Fraud Detection & Data Security

Security in BFSI is paramount. Edge computing minimizes latency and potential attack vectors, creating a more secure environment. Real-time transaction monitoring and anomaly detection become possible, significantly reducing the risk of fraud. IBM notes that edge computing allows for immediate analysis of ATM video feeds, enhancing security measures.

3. Autonomous IoT

The Internet of Things (IoT), especially in insurance, benefits greatly from edge computing. It enables real-time data processing and alerts, facilitating immediate responses to incidents like water leaks. This integration not only aids in risk management but also offers potential for policy discounts, as noted by Statista’s forecasts on the growing smart home market.

Rounding Out Edge Computing: Key Considerations

For BFSI institutions considering edge computing, remember it’s an additive technology. A selective approach, a zero-trust security model, and a hub-and-spoke infrastructure organization are crucial for effective implementation. Hyper-automation and intelligent automation at the edge further enhance operational efficiency.

Conclusion: The Future is Now

Edge computing in BFSI is not just a futuristic concept; it’s a present-day reality transforming the financial landscape. By bringing the data center closer to the data source, BFSI institutions are paving the way for faster, more secure, and more efficient operations. We invite you to share your thoughts and experiences on how edge computing is shaping the future of finance. Your insights are valuable to us, and we encourage a lively discussion in the comments below.

The post Edge Computing in BFSI: A Leap Towards Futuristic Finance first appeared on Tech Insight.

In a significant leap for data management and analytics, Bloomberg has unveiled its latest offering: a direct line to innovation through a strategic partnership with Google Cloud. This initiative integrates Bloomberg Enterprise Data content and Data License Plus (DL+) with BigQuery, Google’s fully managed, serverless data warehouse, heralding a new era in data strategy acceleration.

Bloomberg and Google Cloud’s Innovative Partnership

The collaboration between Bloomberg and Google Cloud represents a major stride in the field of data analytics.

“As capital markets firms continue their journeys to migrate workloads to the Cloud, our customers need to access high-quality data efficiently and in the environment of their choice,” said Don Huff, Global Head of Client Services and Operations at Bloomberg.

This integration stands as a testament to the companies’ mutual commitment to facilitating the transition to cloud-based workloads, enabling customers to navigate the digital landscape with greater agility.

Integrating Bloomberg’s Data License Plus with BigQuery

The integration of Bloomberg’s DL+ and BigQuery allows organizations to leverage Google Cloud’s sophisticated analytics tools to extract maximum value from essential business information swiftly and with minimal data wrangling. Bloomberg’s extensive experience in managing, modeling, and delivering large quantities of complex content is now a seamless aspect of BigQuery’s offering.

“Our expanded alliance will enable customers to seamlessly use Bloomberg’s leading datasets alongside their own data within BigQuery,” shared Stephen Orban, VP of Migrations, ISVs, and Marketplace at Google Cloud,

Orban emphasized the ease with which customers can perform analytics with comprehensive insights into financial markets and other critical business intelligence.

The Advantages for Capital Markets Firms

By eliminating the labor-intensive process of data ingestion and structuring, customers can now access Bloomberg data directly within BigQuery. This integration facilitates scalable use throughout enterprises, significantly accelerating the time-to-value from analytics projects. Financial firms are thus equipped to tap into more sophisticated ESG-focused insights and investment products with unparalleled efficiency.

The Role of Advanced Analytics in Financial Data

The Bloomberg Google Cloud collaboration extends beyond mere data management. Bloomberg’s Data License content, which covers over 70 million securities and 40,000 data fields, including reference, pricing, regulatory, ESG, fundamentals, estimates, and historical data, is crucial for operational, quantitative, and investment research workflows. This partnership ensures that these vast datasets are now at the fingertips of those who need them, within a platform built for high-volume analytics.

Bloomberg’s Continuous Commitment to Data Excellence

Bloomberg remains a leader in the financial information sector by consistently seeking to enhance transparency, efficiency, and fairness in the markets. This partnership with Google Cloud is yet another step in its journey of technological innovation, underpinning its dedication to connecting influential communities within the global financial ecosystem through reliable, cutting-edge solutions.

Concluding Thoughts

In conclusion, the Bloomberg Google Cloud collaboration marks a significant milestone in the evolution of data analytics, unlocking potential for capital markets firms and beyond. This partnership not only simplifies the pathway to advanced analytics but also amplifies the ability of firms to harness the full power of their data assets.

We welcome our readers to share their thoughts on this groundbreaking development. How do you see this integration influencing the future of data analytics and management in your industry? Comment below and join the conversation.

The post Bloomberg and Google Cloud Team Up for Advanced Data Analytics first appeared on Tech Insight.