Unusual suspects
The collective of investors is impressive and unusual: Franklin Templeton leads the round and is joined by Canada Pension Plan Investment Board, Fidelity Management & Research LLC and Whale Rock, along with new strategic investors Amazon Web Services, Alphabet s CapitalG and Salesforce Ventures. Also participating are a slew of existing investors: Microsoft, Andreessen Horowitz, Alkeon Capital Management, BlackRock, Coatue Management, T. Rowe Price Associates, Inc. and Tiger Global Management.
The combination of so many financial services firms and cloud giants makes it clear that Databricks approach to analytics has great appeal. Data warehouse powerhouse Snowflake may have had the biggest software IPO of all time, but this Series G raise gets its own place in the analytics funding hall of fame.
Cloud Services is modernising the data warehouse
By implementing Microsoft Azure Synapse Analytics and solutions from Cloud Services, businesses can unlock new opportunities for their data By Andrew Dakhov on 26 January 2021
The technology landscape is changing very quickly as new solutions appear faster than ever. With this, businesses are facing an increasing amount of data about their customers and markets, which is creating a whole new area of business challenges. These companies not only need to learn how to manage this data, but if they want to better understand their customers, they also need to analyse this data for business insights.
Microsoft (MSFT) to Extend Azure Cloud to Verily s Terra Platform Zacks.com 1/12/2021
Microsoft Corporation MSFT recently announced its collaboration with Verily and Broad Institute of MIT and Harvard to foster biomedicine research through Terra platform.
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Microsoft will extend its Azure cloud services, data and AI solutions like Azure Machine Learning, Azure Synapse Analytics, and Azure Cognitive Services to the Terra platform to make it simpler for data scientists, researchers and doctors to work together to advance biomedicine research and augment patient care.
The deployment of Terra on Azure cloud platform will facilitate secured access to data stores through collaborative workspaces, added Microsoft. The deployment will also offer access to an ever-increasing suite of open and proprietary standards-based tools as well as application programming interfaces (or APIs) and best practices workflows, noted the tech giant.
Jan. 11, 2021 On Monday, Broad Institute of MIT and Harvard, Verily, an Alphabet company, and Microsoft Corp. announced a strategic partnership to accelerate new innovations in biomedicine through the Terra platform. Terra, originally developed by Verily and the Broad Institute, is a secure, scalable, open-source platform for biomedical researchers to access data, run analysis tools and collaborate. Terra is actively used by thousands of researchers every month to analyze data from millions of participants in important scientific research projects. Biomedical data are being generated and digitized at a historic rate and are expected to reach dozens of exabytes by 2025 including data from genomics, medical imaging, biometric signals and electronic health records. Coupled with powerful research and analysis tools, these datasets can provide lifesaving insights into some of the world’s most pressing health issues. But making use of these important datasets remains difficul