Snowflake breathes life into data warehouse market through cloud native focus and complex partnerships
Like a winter storm that suddenly comes down from a mountain and drops two feet of snow on a town’s unprepared residents, Snowflake Inc.’s eye-popping initial public offering in September became the largest U.S. software company IPO in history. Wasn’t the data warehouse market supposed to be dead? The company’s record-setting valuation, which recently hovered around $77 [] The post Snowflake breat
hes life into data warehouse market through cloud native focus and complex partnerships appeared first on SiliconANGLE.
Author: Mark Albertson
Date: 2020-11-10
siliconangle.com
| Come for VMs, stay for containers: Is this the best backup as-a-service deal for hybrid? (2020-11-19) | Many companies adopting containers a virtualized method for running distributed applications dont want to think about container-specific data protection Can one blame them? Switching from older infrastructure to containers and Kubernetes is enough work by itself But data protection and backup are no laughing matters So what new stuff do they need to buy? Will The post Come for VMs stay for contai.. Come for VMs, stay for containers: Is this the best backup as-a-service deal for hybrid? |
| Business email compromise startup Abnormal Security raises $50M (2020-11-20) | Business email compromise cybersecuritystartupAbnormal Security Corprevealed today that it has raised $50 million in new funding to double the size of its machine-learning and data science teams The Series B round was led byMenlo Ventures and included Greylock Although the valuation on the deal was not officially disclosed Forbes quoting a source familiar with the The post Business email compromi.. |
| IBM Cloud gets quantum-resistant cryptography (2020-11-30) | IBM Corp is looking to make enterprise workloads deployed on its public cloud resistant to tomorrows encryption-breaking quantum computers As a first step to that end the company today introduced quantum-safe cryptography capabilities for three services in IBM Cloud: Red Hat OpenShift on IBM Cloud Cloud Kubernetes Service and Key Protect Customers using the services The post IBM Cloud gets quantu.. IBM Cloud gets quantum-resistant cryptography |
| Industrial computer manufacturer Advantech hit with a ransomware attack (2020-11-30) | Industrialcomputer manufacturer Advantech Co Ltd has been hit with a ransomware attack and those behind the attack are demanding a ransom of 750 bitcoin $138 million Based in Taiwan Advantech is the worlds largest supplier of industrial computers with a 34% market share as of 2018 The company also manufactures network devices servers industrial internet The post Industrial computer manufacturer A.. |
| Babelfish for Amazon Aurora aims to ease the enterprise’s path to open source (2020-12-02) | Open-source databases have been gaining ground in recent years as businesses turn away from proprietary software in an effort to reduce costs But getting there is not always easy The open-source Babelfish database translation tool announced by Amazon Web Services Inc during the AWS re:Invent event aims to help organizations in this process according to The post Babelfish for Amazon Aurora aims to.. Babelfish for Amazon Aurora aims to ease the enterprise’s path to open source |
| Despite softer tech spending, cloud revenue accelerates in the COVID era (2020-11-07) | As we watch a historic election unfold before our eyes we look back at the early days of this millennium and the memorable presidential race of 2000 That decade was defined by 9/11 which permanently reshaped our thinking We exited the 2000s at the tail end of a massive financial crisis only to enter the The post Despite softer tech spending cloud revenue accelerates in the COVID era appeared firs.. |
| Fetch.ai and Datarella launch blockchain-based smart city parking space management trial in Germany (2020-11-12) | Cambridge-based artificial intelligence lab Fetchaiand industrial distributed ledger blockchain solutions company Datarella GmbH today announced the launch of their smart city trial for parking spaces in Munich Germany The smart city trial will launch in Connex Buildings and will use multi-agent blockchain-based AI services to provide smart mobility solutions in its commercial real estate properti.. Fetch.ai and Datarella launch blockchain-based smart city parking space management trial in Germany |
| DoorDash seeks to raise up to $3.1B in IPO after boosting target range (2020-12-04) | DoorDash Inc has upped the fundraising target for its forthcoming initial public offering and is now looking to raise as much as $31 billion from public investors The food delivery giant disclosed the revised goal today in a regulatory filing spotted by Bloomberg It said in the same filing that the funds raised through the The post DoorDash seeks to raise up to $31B in IPO after boosting target r.. |
| Intel acquires data science startup Cnvrg.io (2020-11-04) | Intel Corp reportedly has acquired Cnvrgio an Israeli data sciencestartup that helps teams create and run machine learning models TechCrunch madethe claim though neither Intel nor Cnvrgio has publicly confirmed the news as of the time of writing TechCrunch did say Intel confirmed the dealCnvrg will be an independent Intel company and will continue to The post Intel acquires data science startup C.. |
| Wish and Roblox release IPO filings, revealing rapid growth (2020-11-20) | Mobile e-commerce unicorn Wish officially ContextLogic Inc today revealed that it has more than 100 million monthly active users who helped it generate $17 billion in revenue during the first nine months of 2020 Wish shared the figures in afiling released todayfor its upcoming initial public offering The filing was released shortly after Roblox Corp The post Wish and Roblox release IPO filings re.. |
