Oracle CloudWorld Announcements
Oracle made a number of announcements at Oracle CloudWorld this week.
Oracle Database 23c Now in Beta
Version 23c of Oracle Database, code named “App Simple,” is now available in beta. As highlighted by the code name, improvements focused on simplifying application development, particularly for apps written using JSON, Graph, or microservices. JSON Relational Duality is Oracle’s new approach to allow data to be simultaneously used and understood as both app-friendly JSON documents and as database-friendly relational tables, allowing JSON app data to be directly queried.
Oracle Launches MySQL HeatWave Lakehouse
Oracle expanded the MySQL HeatWave portfolio with the addition of MySQL HeatWave Lakehouse, which will allow customers to process and query data in object store at multi-terabyte scale. This will directly compete with Redshift and Snowflake in providing a cost-efficient, performant lakehouse offering.
Oracle Innovates Across Data and Analytics Portfolio
Oracle also announced product innovations across its data and analytics portfolio. Oracle Analytics Cloud added a semantic modeler to present the semantic model to business users in an appropriate manner; advanced composite visualizations to organize content and present data patterns and signals in a more easily understood manner; one-click automated insights that provide recommendations for visualizations; and AI and ML enhancements to connect Oracle Cloud Infrastructure cognitive services to Oracle Analytics Cloud. Oracle Fusion Analytics improved their existing ERP, SCM, and HCM analytics solutions with vertical-specific enhancements, and added Oracle Fusion CX Analytics to the OFA portfolio to give sales, marketing, service, and finance users KPIs and dashboards.
Oracle and NVIDIA Team Up to Accelerate Enterprise AI Adoption
Finally, Oracle and NVIDIA announced a partnership that will bring NVIDIA’s complete accelerated computing stack, including tens of thousands of GPUs, to Oracle Cloud Infrastructure to permit AI training and deep learning inference at scale.
Funding
Stability AI Announces $101M Seed Round
Open source AI company Stability AI announced a $101M seed round at a nearly $900M valuation. Coatue, Lightspeed Venture Partners, and O’Shaughnessy Ventures LLC led the round. Stability AI will use the funding to speed up the development of open AI models across a wide variety of use cases, consumer and enterprise alike.
Tellius Raises $16M B Round
AI decision intelligence platform Tellius announced a $16M B round of funding, announced October 20. Baird Capital led the round, and all existing investors also participated: Grotech Ventures, Sands Capital Ventures, and Veraz Investments. Tellius will use the funding to expand go-to-market, hire across sales, marketing, and product engineering, and R+D for their platform.
Launches and Updates
Alteryx Announces New Analytics Cloud Capabilities, Version 22.3
At Inspire EMEA 2022, Alteryx announced the 22.3 Alteryx product release, and additional enhancements to Alteryx Analytics Cloud. Alteryx Machine Learning is now running on Alteryx Analytics Cloud, and Designer Cloud has improved Snowflake data processing performance when moving from AWS. As for Alteryx 22.3, Alteryx’s Data Connection Manager supports Azure Active Directory group authentication for Databricks and Snowflake, and integrations with third-party vaults like CyberArk and HashiCorp. 22.3 also features enhanced Google BigQuery connectivity and performance improvements.
Bloomberg Data License Content Now Available on Google Cloud
Bloomberg made its Data License content available on Google Cloud. Clients will be able to integrate this cloud data into their Google Cloud-specific workloads directly.
Tableau Launches Version 2022.3
Tableau announced version 2022.3 this week. Key new features include a Data Guide guided experience to Tableau, Table Extensions that will let customers enrich their data with advanced analytics and predictions, and adding “dynamic zone visibility” functionality to dashboards, allowing users to see only the dashboard contents that are relevant without needing to manually design multiple individual dashboards.
TigerGraph Will Support openCypher in GSQL.
TigerGraph announced this week that they would support the openCypher query language in TigerGraph’s own graph query language. Providing this support will make it easier for developers to build or migrate graph applications to TigerGraph databases.
Partnerships
Dataiku and Slalom Team Up on AI Strategy
Dataiku announced a partnership with Slalom, a global consulting firm. Slalom will provide strategic guidance to Dataiku enterprise customers on implementing AI and MLOps projects.