November 12: From BI to AI (Domino, H2O.ai, IBM, Informatica, Tableau)

Product Launches and Enhancements

IBM to Add New Natural Language Processing Enhancements to Watson Discovery

On November 10, IBM revealed new natural language processing enhancements planned for IBM Watson Discovery. Business users will be able to train Watson Discovery to surface insights more quickly on a corpus of industry-specific documents without needing traditional data science skills. Specific capability enhancements include pre-trained document structure understanding, automatic text pattern detection, and a custom entity extractor feature that will help identify industry-specific words and phrases with specific contexts. The announced enhancements are forthcoming, though IBM did not announce a target release date.

Informatica Announces Cloud Data Marketplace

On November 11, Informatica debuted their Cloud Data Marketplace. The Cloud Data Marketplace will allow Informatica business users to “shop” for both datasets and AI and analytics models, surfacing existing assets to encourage reuse of more-vetted resources rather than duplicating efforts by re-gathering data or building a model from scratch. Informatica Cloud Data Marketplace is available today with consumption-based pricing on Informatica’s Intelligent Data Management Cloud.

Tableau Outlines Product Vision and the Future of Analytics at Tableau Conference 2021

On November 9, at Tableau Conference 2021, Tableau announced a host of innovations for the Tableau platform and ecosystem, focused on bringing analytic capabilities to the workflows and environments workers already use. Highlights include Model Builder, a new feature in Tableau Business Science that allows Tableau users to build predictive models using Einstein Discovery; and Scenario Planning, another new Tableau Business Science feature to compare scenarios and “what-ifs,” supported by Einstein AI.

Partnerships

Domino Data Lab Expands Collaboration with NVIDIA and TCS with New Enterprise MLOps Solutions for Modern IT Stacks

On November 9, Domino Data Lab announced a fully-managed offering with solutions partner Tata Consultancy Services that allows Domino customers to run high-performance computing and data science workloads on NVIDIA DGX systems, hosted in the TCS Enterprise Cloud. This marks the next step in a deepening relationship between Domino and NVIDIA, with the Domino integration into the NVIDIA AI Enterprise suite on the horizon.

Funding

H2O.ai Closes $100 Million in Funding Led by Customer Commonwealth Bank of Australia

On November 8, H2O.ai closed $100M in Series E funding. The round was led by customer Commonwealth Bank of Australia, with participation by existing investors Crane Venture Partners and Goldman Sachs Asset Management and new investor Pivot Investment Partners. The funding will be used to scale up partnerships, sales, marketing, and customer success at a global level.