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By Ryan Naraine on February 19, 2021 NEWS ANALYSIS: The strategic positioning to own and control the massive data lakes powering enterprise security programs took another expensive turn with CrowdStrike announcing it would shell out $400 million to buy early-stage log analytics start-up Humio. The $400 million cash-and-equity deal represents a massive exit for Humio, a company that raised just $32 million in two funding rounds led by Dell Technologies Capital.  Humio has about 70 employees in the U.S., London and Denmark and has found a niche as an affordable -- but powerful -- alternative ...

Constella Intelligence Expands Executive Leadership Team Amid Continued Revenue Growth Company Appoints Five New Executives to Drive Ambitious Growth Strategy in 2021 News provided by Share this article Share this article LOS ALTOS, Calif., Feb. 18, 2021 /PRNewswire/ -- Constella Intelligence ("Constella"), a global Digital Risk Protection leader, announced today it has added five members to its executive leadership team, building upon a momentous 2020 in which the company integrated 4iQ and Alto Analytics, upgraded its product portfolio, expanded its global footprint, and significantly grew...

Data lake storage: Cloud vs on-premise data lakes The data lake is a fundamental concept of data management. But what type of storage do you need to build a data lake on and what are the pros and cons of on-premise vs the cloud? Share this item with your network: By Published: 18 Feb 2021 Handling large amounts of data is a prerequisite of digital transformation, and key to this are the concepts of data lakes and data warehouses, as well as data hubs and data marts. In this article, we’ll start at the top of that hierarchy and look at data lakes. As organisations try to get a grip of t...

(1) STOCKHOLM, Feb. 16, 2021 /PRNewswire/ -- In May 2017, The Economist wrote an article echoing the idea that data had overtaken oil as the world's most valuable resource. For as much truth there is in such a statement, it is equally true that the only thing worse than not having data to work with, is to have "bad data" that lead to bad decisions. In an effort to simplify and standardise operations in trade finance, Swedish fintech Mitigram is becoming the gold standard of data management. "With our new Transaction Manager (TxM) product," said Anton Monaghan, Product Manager at Mitigram, "Cu...

PHOTO: Delphine Ducaruge The data lake concept arrived 10 years ago as the answer to common complaints about information silos and the volumes and complex varieties of information. It was a way to bring all the data together from multiple business applications and data systems into one centralized place, in whatever form it arrived, without the need for processing or structuring. The data lake was supposed to be the dream of fast-tracking structured data and unstructured data, such as videos and documents, into a one-stop repository shop for business insights, realized.  The data lake could...