Listen "This Week in Enterprise Tech, Week 17"
Episode Synopsis
So many tech trade shows - Snowflake Summit, Cisco Live, SAP Sapphire, Zoholics, Qlik World - and corresponding announcements. Plus, Cloudera acquires Verta, MultiOn raises $20M, and how power constraints will affect your AI - all on This Week in Enterprise Tech, brought to you by Hyoun Park of Amalgam Insights (Charlie Araujo is off this week).Is Snowflake Truly an AI Platform Now?Among 200+ announcements at Snowflake Summit, several of them pointed towards Snowflake’s evolution into being an AI platform.Snowflake: https://www.snowflake.com/press-and-news/news-releases/Cloudera Acquires Verta for Operational AICloudera manages 25% of the world’s data. What does their acquisition of data science and machine learning support platform Verta mean?Cloudera: https://www.cloudera.com/about/news-and-blogs/press-releases/2024-06-03-cloudera-acquires-verta.htmlIs Cisco Observability “Full Stack” Enough for CIOs?With the acquisition of Splunk, Cisco is now emphasizing “full stack observability.” It’s a crucial concept, but is it integrated enough to make a difference yet?Cisco: https://newsroom.cisco.com/c/r/newsroom/en/us/a/y2024/m06/cisco-and-splunk-launch-integrated-full-stack-observability-experience-for-the-enterprise.htmlIs SAP Becoming Easier to Use?With a CEO changing of the guard and acquisitions aimed to enhance usability and user-friendliness, is SAP becoming easier to use?SAP: https://news.sap.com/2024/06/sap-enters-agreement-to-acquire-walkme/Does Zoho Fill an Enterprise Security Gap?Hyoun considers Zoho’s security ethos, which could be their gateway to broader enterprise adoption.Zoho: https://www.zoho.com/press.htmlQlik World: Are the Announcements Big Enough?At Qlik World, Qlik announced Talend Cloud and Qlik Answers. But in 2024, such offerings are commonplace. How did a former analytics leader fall to the middle of the pack? Qlik: https://www.qlik.com/us/news/company/press-room/press-releases/qlik-anounces-qlik-talend-cloud-and-qlik-answers MultiOn Raises $20M to Bridge RPA and LLMA small funding round for MultiOn, a company bridging the gap between robotic process automation and large language models, caught Hyoun’s attention. Hat tip to Bret Kinsella of Synthedia.Cohere: https://synthedia.substack.com/p/cohere-closes-450m-funding-round MultiOn: https://synthedia.substack.com/p/multions-nine-figure-valuation-highlights AI Power Constraints: The Next CIO ProblemWhat strategies are necessary to support the power consumption of your AI models in the near future?EPRI: https://www.epri.com/research/products/3002028905This Week In Enterprise Tech is hosted by: Charles Araujo of The DX Report and Hyoun Park of Amalgam Insights
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