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Zoho adds AI and ML capabilities in Zoho Analytics 6.0

CIO

Zoho has updated Zoho Analytics to add artificial intelligence to the product and enables customers create custom machine-learning models using its new Data Science and Machine Learning (DSML) Studio. The advances in Zoho Analytics 6.0 The integration gives a single source of truth for job costs and budgeting.

Analytics 197
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From legacy to lakehouse: Centralizing insurance data with Delta Lake

CIO

These environments often consist of multiple disconnected systems, each managing distinct functions policy administration, claims processing, billing and customer relationship management all generating exponentially growing data as businesses scale. The financial and security implications are significant.

Insurance 164
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6 tips for making the most of a tight IT budget

CIO

IT leaders seeking to drive enterprise growth through technology investments are often saddled with budgets that make their tasks of increasing the top and bottom lines challenging. Despite an estimated increase to IT budgets of 5.1% Bob Cournoyer, senior director of data strategy, BI, and analytics at Richmond, Va.-based

Budget 207
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Starburst acquires data lake analytics accelerator Varada to challenge Snowflake

TechCrunch

Starburst , the well-funded data warehouse analytics service and data query engine based on the open-source Trino project, today announced that it has acquired Varada , a Tel Aviv-based startup that focuses on data lake analytics. Data virtualization service Varada raises $12M.

Analytics 218
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5 hot IT budget investments — and 2 going cold

CIO

This includes spending on strengthening cybersecurity (35%), improving customer service (32%) and improving data analytics for real-time business intelligence and customer insight (30%). Increasingly, businesses are realizing they need to invest in skills development to leverage emerging technologies, agrees SPR’s Mead.

Budget 218
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DataRails raises $50M to boost financial analytics and other tools for Excel spreadsheet acolytes

TechCrunch

It’s estimated that there are more than 1 billion people using Microsoft’s Excel in the world today, and a significant part of those are smaller-business people, and of those, 80% lean on the spreadsheet software to keep track of their finances. DataRails will continue to focus squarely on SMBs.

Analytics 229
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Are SMBs invited to the business intelligence (BI) party?

CIO

Executive leaders of small businesses and startups frequently lament that they lack the same access to data and insights that enterprise competitors and other more entrenched players enjoy. They’re also hesitant to invest in BI because of the perception that it doesn’t align with budget and operational constraints.