Stop the Press...
One irrelevant technology now works with another irrelevant technology.
Teradata has updated its Hadoop appliance with support for Cloudera Hadoop as well as Hortonworks' distribution, and given it a Haswell go-faster booster – and all this on top of a widening of the configuration options. Teradata Appliance for Hadoop v5 uses Intel Haswell CPU tech and is, Teradata said, "optimised for intensive …
First, Hadoop isn't irrelevant.
But anyone who's done the TCO of owning an appliance... its a joke. Then there's the logistics since Teradata is tier 1 and tier 2 support. Not Cloudera nor Hortonworks. Not to mention that Teradata also has a deal with MapR.
Teradata, SAS, IBM, Oracle... all trying to make legacy systems relevant. (Which most still are...)
In terms of vendors... we're waiting to see what happens during the Cloudera and Hortonworks battle.
Then we may see a legacy vendor buy out the winner and/or MapR. Of course there's Databricks and Typesafe now starting to pop up on people's radar. My money is on Typesafe getting acquired first.
So that's largely/fully (depending on flavor chosen) open source software designed to run on lots and lots of cheap x86 nodes connected via ethernet running on a few expensive nodes connected by expensive infiniband, supported by a vendor with little/no hand in developing the software?
I think I'll pass.
If you want to run analytics in a serverless cloud environment, Amazon Web Services reckons it can help you out all while reducing your operating costs and simplifying deployments.
As is typical for Amazon, the cloud giant previewed this EMR Serverless platform – EMR once meaning Elastic MapReduce – at its Re:Invent conference in December, and only opened the services to the public this week.
AWS is no stranger to serverless with products like Lambda. However, its EMR offering specifically targets analytics workloads, such as those using Apache Spark, Hive, and Presto.
Opinion Making a call on the quality of a new idea in tech can be hard. But if you ask me, not in the case of Lonestar Data Holdings, whose plan to build datacenters on the Moon is literal lunacy.
Every detail of the roadmap, from tentative tiny proofs of concept to massive underground server farms built and tended by Moon robots, is priceless nonsense. From Apollo onward, every spacecraft has had data storage and network access. We have retrieved data held in New Horizon's 16GB filing system from Kuiper Belt object Arrokoth, 16 thousand times more distant than the Moon. Concept bloody well proved.
As for building bit lairs in lava pipes by robot, nobody's built a datacenter by robot on Earth yet. And nobody seems minded to try.
Data warehousing specialist Teradata is taking a $60 million hit by ending sales, operations and support in Russia following the country's invasion of Ukraine.
CFO Claire Bramley told investors that of the $60 million, around $10 million was removed from first quarter revenue, leaving a $50 million impact expected across the remaining three quarters of 2022.
Teradata CEO Steve McMillan said: "In the quarter, we stopped conducting business in Russia, ceased customer interactions and services with all Russian accounts, and confirmed that we do not have any suppliers critical to our supply chain from Russia or Ukraine. Our actions were managed with a priority of support and care for our employees who were directly affected.
Pyramid Analytics, the BI company which counts Siemens, VW Ireland and Dell among its customers, has secured Series E funding of $120 million.
Founded in 2009, the company has now secured venture capital totalling $200 million, with the latest round led by H.I.G. Growth Partners, with the participation of Clal Insurance Enterprises Holdings, Kingfisher Capital, and General Oriental Investments. Sequoia Capital and Viola Growth are among investors in earlier rounds.
The company sells something it calls "Decision Intelligence." It claims that applying artificial intelligence to analytics lowers the skills barrier and automates the complex steps required to make decisions with data.
Companies that move and analyze huge volumes of data are always on the lookout for faster ways to do it. One Australian company says it has created a protocol that can "transmit terabytes per minute across the globe."
The company, Arcitecta, which has an almost 25-year history, has just announced the new Livewire protocol, which is part of their data management platform, Mediaflux, used by institutions including the Australian Department of Defense, drug maker Novartis, and the Dana Farber Cancer Institute.
According to CEO Jason Lohrey, Livewire itself has already made an impact for some of the largest data movers. "One of our customers transmits petabytes of data around the globe, he told The Register.
A data analytics company claiming to be able to process millions of rows per second, in real time, has just closed out a Series A funding round to take-in $37 million.
Tinybird raised the funds via investors Crane Ventures, Datadog CPO Amit Agarwal, and Vercel CEO Guillermo Rauch, along with new investments from CRV and Singular Ventures.
Tinybird's Stephane Cornille, said the company plans to use the funds to expand into new regions, build connectors for additional cloud providers, create new ways for users to build their own connectors, provide tighter Git integration, Schema management and migrations, and better defaults and easier materialization.
As of this morning, the EU confirmed it had "agreed to exclude key Russian banks from the SWIFT system, the world's dominant financial messaging system.
"This measure will stop these banks from conducting their financial transactions worldwide in a fast and efficient manner. Today's decision has been closely coordinated with the EU's international partners, such as the United States and the United Kingdom," the EU said in a statement.
Russian majority state-owned Sberbank has so far managed to hold onto vital HR and CRM systems contracts with the world's largest software companies, despite political outcry from the firms' home nations over Russia's invasion of Ukraine.
Teradata is still working to shake off its image as an on-premises data warehouse provider by highlighting annual recurring revenue in public cloud of $202m for calendar 2021, nearly doubling from $106m in the prior year.
However, the 91 per cent year-on-year increase came in 9 points lower than 100 per cent growth the company had forecast at an investors’ day last in September, and it remains a small part of overall sales.
For Q4 2021, total revenue for the biz was down 3 per cent on the same period a year earlier to $475m. Total recurring revenue was $364m, perpetual software licenses and hardware was down 44 per cent to $19m, and consulting services fell 17 per cent to $92m.
An SAP patent was not "inventive enough" to be legally binding, according to a US judge in an intellectual property case which also saw Teradata's claim in the dispute reduced.
The federal judge in California last week trimmed down claims from both sides of an ongoing dispute over a joint venture the firms entered into back in 2008.
Teradata alleged that the German software company used the JV to try to access the US company's intellectual property and build its HANA in-memory database, which it would try to get its customers to use, according to a 2018 filing at the US District Court for the Northern District of California.
Cloud-based data warehouse darling Snowflake has launched its latest venture into financial services, while Teradata, something of a stalwart in data warehousing for banks and insurers, is attempting to broaden its appeal with machine learning implementations.
Though the world has been focused on Snowflake's stratospheric rise – it went from $1.5bn value in 2018 to $120bn shortly after its IPO last year – it may struggle to make inroads into the lucrative financial services markets, according to insiders and industry experts.
The so-called cloud-native data warehouse biz launched what it calls the Financial Services Data Cloud this week, accompanied by the claim that 57 per cent of Fortune 500 firms in the sector are on its platform. It is described as an industry-tailored platform that brings together Snowflake technology with "partner-delivered solutions" and "industry-critical datasets."
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