A roundup of the top analytics and data science news for the week of December 22, 2023
Staying up-to-date with the latest analytics and data science news can be a daunting task. To help you stay informed, our editorial team has curated a list of the most notable headlines from the past week. From major acquisitions to product enhancements, these news items highlight the advancements and trends in the analytics and data science industry.
Alteryx Acquired by Clearlake and Insight Partners for $4.4 Billion
Alteryx, a leading analytics and data science platform, has been acquired by private equity firms Clearlake and Insight Partners in a deal worth $4.4 billion. Upon completion of the transaction, Alteryx will become a privately held company. The acquisition was approved by an independent Special Committee of Alteryx’s Board of Directors and is expected to close in the first half of 2024. This move is expected to further strengthen Alteryx’s position in the market and fuel its growth in the coming years.
Databricks Announces New IAM Enhancements
Databricks, a leading data and AI platform, has unveiled new Identity and Access Management (IAM) enhancements. These investments include simplified logins from popular tools like Power BI and Tableau, a streamlined single sign-on setup via unified login, OAuth authorization, and the ability to run jobs using the identity of a service principal for enhanced security. These enhancements aim to improve user experience and provide organizations with more robust security measures when working with Databricks’ platform.
Dataiku & Forrester Drop New Study on Enterprise GenAI
Dataiku, a leading AI and machine learning platform, and Forrester, a global research and advisory firm, have released a new study on Enterprise Generative AI (GenAI). The study highlights the benefits of using AI platforms for safer implementation and better scalability. It emphasizes the collaborative capabilities of these platforms, which help organizations overcome implementation hurdles and accelerate the adoption of Generative AI applications. The study provides valuable insights for businesses looking to leverage AI for innovation and growth.
Microsoft Announces Custom Messaging for Power BI App Access Requests
Microsoft has introduced a new feature that allows Power BI app owners to customize messages for users requesting access to their content. This feature enables app owners to provide users with explanations or links on how to gain access to the Power BI app. By configuring the Access requests options in the app’s settings, app owners can personalize the access request behavior, enhancing the user experience and facilitating smoother collaboration within the Power BI ecosystem.
Qlik Acquires Mozaic Data
Qlik, a leading data integration and analytics platform, has acquired Mozaic Data, a data management company. This acquisition aims to simplify data handling for businesses by adopting a data product-oriented approach. By integrating Mozaic into its portfolio, Qlik aims to enhance data quality and governance, providing businesses with a transformative solution for managing data as a product. This strategic move reinforces Qlik’s commitment to empowering organizations with data-driven insights.
Conclusion:
The recent developments in the analytics and data science industry demonstrate the rapid evolution and innovation in this field. From major acquisitions to product enhancements, these news items highlight the continuous efforts to improve data analytics capabilities and drive business growth. As we enter 2024, it is clear that analytics and data science will continue to play a pivotal role in shaping the future of organizations across various industries. Stay tuned for more updates and insights as we navigate the exciting world of analytics and data science.
