Connect with us

Business Wire

Paxata Named an Innovator in the Use of Artificial Intelligence and Machine Learning for Data Integration and Preparation by EMA Research

Business Wire

Published

on

Reading Time: 4 minutes

New Research Finds Data Integration and Preparation a Priority for the Use of AI and ML in Analytics and Data Management

REDWOOD CITY, Calif.–(BUSINESS WIRE)–#ArtificialIntelligencePaxata, the pioneer in self-service data preparation, today announced that it was named an innovator in Enterprise Management Associates® (EMA™) “Innovation in the Use of Artificial Intelligence (AI) and Machine Learning (ML) for Data Integration and Preparation” Top 3 report. According to the findings, more than half of all participants (52 percent) said that the use of AI or ML to automate the data preparation or integration process is important to their organization. Because of the prominent role of data integration and preparation in any analytics project, the report stated that AI-enablement should be a priority for analytics leaders at all levels as it provides organizations with the ability to overcome the constraints of legacy or less-automated data processing. The complimentary report can be downloaded here.

“The next major shift in the analytics, business intelligence, and data management markets is coming from the use of AI and ML across the entire information supply chain. Along with using machine learning to find the next-best offer, companies can now point algorithms at modern data platforms to find links between data sets, automate data preparation, or breaches in data governance,” said John Santaferraro, Research Director at EMA and lead author of the report. “Vendors like Paxata that excel in the use of AI and ML in their analytics, business intelligence, and data management platforms will create significant differentiation and barriers to entry that will change the face of all vertical industries.”

When it comes to which inherent capabilities are most important for a data integration and preparation tool, three out of four stated automated data profiling was the top criteria followed by data cleansing recommendations (60 percent). Data integration and preparation were considered the most time-consuming activity for every analytics project with data profiling and cleansing the most time-consuming aspect of data integration. On the low side of this research, only 14 percent of participants were willing to surrender control of data preparation to automated tasks.

EMA built a scoring model based on the priority set by 155 randomly selected participants in the use of AI and ML in data integration and preparation platforms and selected Paxata for their comprehensive coverage of the different AI-enabled capabilities. This is particularly important because according to the report, organizations that are first to implement in their industries can expect an advantage over their competitors.

More specifically, Paxata was recognized for:

  • Automated Data Profiling: Paxata Rapid Data Profiling provides a one-click profile button that scans an organizations entire dataset and generates a summary scorecard showing an assessment of its content and quality. Paxata is unique in its ability to apply its algorithms across the entire body of the data while sample-based solutions inherently profile subsets of the data and therefore miss to identify outliers and accurate patterns.
  • Data Cleansing Recommendation: Paxata uses algorithmic techniques to offer insight into data quality issues. Paxata is unique in its anomaly detection as it applies its algorithms across the entire body of the data (hundreds of millions of rows) while sample-based solutions inherently miss surfacing data quality issues unless the user goes through many iterations to eventually process the full data to reach the same level of confidence in data quality.
  • Data Structure Identification: Paxata’s Intelligent Ingest intelligently detects source types, compression formats, and schemas, including inference in recognizing the content of extension-less files. The intelligent ingest then transforms each structure into a tabular format easy for point-and-click interactive profiling and preparation.
  • Correlation or Relationship Recommendation: Paxata uses machine learning algorithms to detect joins and overlaps within different data sets. The algorithms work with the data content as well as metadata to provide a confidence score for the detected joins.
  • Automated Data Preparation: Paxata’s Intelligent Automation auto-discovers dependent data preparation projects and data sets and creates multi-project data flows that can be operationalized from a single point. The automation can run on demand or can be scheduled to run all the time without triggers.

“We are extremely excited to be recognized in this report for the innovation that is foundational to our platform. We see customers across the globe continue to demonstrate how AI-enabled data preparation and integration have become instrumental to achieving a competitive advantage, a sentiment that was shared with more than three out of five (66 percent) of respondents,” said Prakash Nanduri, Co-Founder and CEO, at Paxata. “Dating back to 2012 when we created the industry’s first self-service data preparation solution, we have been committed to helping business consumers visually discover, profile, and clean data themselves in order to achieve significant business results. As the report mentions, we will continue to innovate by leveraging modern approaches such as AI and ML to enhance our product and generate even greater value.”

Research Methodology

All research results in this report are based on EMA’s survey of 155 randomly selected North American enterprise and midmarket data and analytics professionals. EMA research identified trends, adoption, drivers, and priorities for the use of AI and ML in five categories: 1) data preparation and integration, 2) data warehousing and big data platforms, 3) business intelligence, 4) analytics and data science, and 5) data catalog, master data management, and data governance. For each of the five categories, EMA identified 10-12 key AI or ML capabilities. The research provided input regarding the capabilities that were most important to the participants.

About the EMA Top 3 reports

EMA Top 3 reports identify priorities organizations operationalize when overcoming challenges or achieving an unfair advantage in analytics or IT management focus areas. The intent of their reports is to inform and inspire influencers and decision makers in their portfolio planning and vendor selection process. While EMA internally conducted a detailed analysis of solutions that help support the identified analytics or IT management priorities, reports are not designed to provide a feature-by-feature comparison for the entire product category. Additionally, some popularly adopted approaches may not be represented in this report because EMA’s analysis did not indicate they are fully addressing emerging market requirements. This guide was developed as a resource for organizations to gain insights from EMA’s extensive experience conducting thousands of product briefings, case studies, and demonstrations. To learn more visit https://www.enterprisemanagement.com/

About Paxata

At Paxata, we transform data into information on-demand to empower every person, process, and system in the organization to be more intelligent. Our Adaptive Information Platform provides business leaders and analysts with an enterprise-grade, self-service data preparation application to deliver better customer experiences, improve operational efficiencies, and comply with regulatory requirements. Built on Apache SparkTM and optimized to run in hybrid, multi-cloud environments, Paxata leverages algorithmic intelligence and distributed computing to deliver an immersive business consumer experience that accelerates and automates the data-to-insight pipeline. Paxata is headquartered in Redwood City, California with offices in New York, Ohio, Texas, and Singapore. Visit www.paxata.com or engage with us on Twitter, LinkedIn, Facebook, or YouTube.

Contacts

McCoin & Smith Communications Inc.

Chris McCoin, 508-429-5988, chris@mccoinsmith.com
Rick Smith, 978-433-3304, rick@mccoinsmith.com

For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.

For the last half century, thousands of communications professionals have turned to us to deliver their news to the audiences most important to their business through the sources they trust most. Over that time, we've gone from a single office with one full time employee to more than 500 employees in 32 bureaus.

Business Wire

Thales Named a Market Leader in KuppingerCole Analysts Leadership Compass for Identity-as-a-Service Access Management

Business Wire

Published

on

Reading Time: 3 minutes
  • Thales recognized for global reach, number of customers and partner ecosystem
  • Positive ratings for innovativeness, interoperability, market position, security and usability

PARIS LA DÉFENSE, France–(BUSINESS WIRE)–Thales today announced that it has been positioned as a Market Leader in the 2019 KuppingerCole Leadership Compass for Identity-as-a-Service (IDaaS) Access Management.

The report recognized Thales, through its SafeNet Trusted Access offer, as a market leader in terms of the number of customers, partner ecosystem, and global reach in the IDaaS Access Management market. KuppingerCole’s Leadership Compass takes a thorough look at the overall IDaaS Access Management industry, provides in-depth analysis of the main players in the market, and rates vendors on innovation, product features, and market reach.

“With a strong global presence, SafeNet Trusted Access presents a flexible solution based on standards and, in addition, agents as a service to cater to the access management requirements of organizations with broad contextual authentication needs,” said Martin Kuppinger, founder and principal analyst, KuppingerCole. “Organizations with common IDaaS Access Management requirements should consider SafeNet Trusted Access on their shortlist, specifically when having a need for strong MFA support and flexible authentication policies.”

KuppingerCole recognized SafeNet Trusted Access for its “wide range of authentication factors combined with broad support for contextual attributes to deliver risk adaptive authentication along with some access management functions targeted at B2B, B2E and G2C market segments.” In addition, the report highlighted the global presence for SafeNet Trusted Access and recommended that organizations “should consider SafeNet Trusted Access on their shortlist, specifically when having a need for strong MFA support and flexible authentication policies.”

The KuppingerCole report rated Thales as “strong positive” or “positive” for:

  • Financial Strength
  • Functionality
  • Innovativeness
  • Interoperability
  • Market Position
  • Security
  • Usability

As enterprises increasing move their applications and data to the cloud, access management is increasingly seen as the solution to help simplify cloud access and mitigate the threat of data breaches. According to recent research from Thales, almost half of businesses believe cloud applications make them a target for cyber-attacks. Surveying 1,050 IT decision makers globally, Thales’ 2019 Access Management Index1 revealed that cloud applications (49%) are listed among the top three reasons an organization might be attacked, just behind unprotected infrastructure such as IoT devices (54%) and web portals (50%).

“Thales is honored to be listed a market leader in the 2019 KuppingerCole Leadership Compass report,” said François Lasnier, Vice President for Access Management solutions at Thales. “This validation demonstrates the strength, reach and innovation of SafeNet Trusted Access in meeting the security, compliance requirements and end user needs of organizations that are embracing the cloud for their mission-critical applications and IT infrastructure.”

Thales’ global market leadership position comes from more than two decades of innovation in the access management and authentication market. SafeNet Trusted Access is a cloud-based access management solution that combines the convenience of single sign-on (SSO) with granular access security controls and adaptive authentication. By validating identities, enforcing access policies and applying Smart SSO, SafeNet Trusted Access helps organizations ensure secure, convenient access to cloud applications, prevent data breaches and simplify compliance.

Download the full KuppingerCole Leadership Compass for IDaaS Acess Management.

1The 2019 Access Management Index, is a survey of 1050 executives in 11 countries with responsibility for, or influence over, IT and data security. The survey, reporting and analysis was conducted by Vanson Bourne, commissioned by Thales.

Contacts

Thales, Media Relations
Security
Constance Arnoux

+33 (0)1 57 77 91 58

constance.arnoux@thalesgroup.com

Continue Reading

Business Wire

Juniper Research: Mobile Financial Services’ Transactions to Exceed $1 Trillion in Emerging Markets by 2024

Business Wire

Published

on

Reading Time: 2 minutes

Includes Mobile Money Transfer, Microloans, Microsavings and Microinsurance

BASINGSTOKE, England–(BUSINESS WIRE)–#emerging–A new study from Juniper Research found that the total transaction value of the MFS (Mobile Financial Services) market will exceed $1 trillion by 2024; rising from $580 billion in 2019. This is a growth of 70%. The research identified a range of untapped opportunities in Latin America for services such as microfinance, microloans and money transfer, as a key driver of MFS growth over the next five years.

For more insights on Mobile Financial Services in Emerging Markets, download our free whitepaper: The $1 Trillion Opportunity ~ Mobile Financial Services in Emerging Markets.

Latin America – the Underserved Opportunity

The new research, Mobile Financial Services in Emerging Markets: Monetisation Models & Market Forecasts 2019-2024, forecasts that the total number of users accessing MFS in Latin America will grow 20% on average annually over the next five years. This is predicted to grow twice as fast as saturated markets such as Africa & Middle East. In response, it urged MFS vendors to leverage existing experience to launch services in this underserved market.

It also forecasts that the number of MFS users in all emerging markets will reach 1.2 billion by 2024; growing from 890 million in 2019. Africa & Middle East will account for over 600 million users alone by 2024; owing to the high reliance on mobile devices for banking services.

Cash In, Cash Out to Account for Half of Overall MFS Value by 2024

The research found that CICO (Cash In, Cash Out) transactions will be the largest driver of growth for the MFS market; exceeding a value of $590 billion by 2024. CICO allows users to access traditional banking services, such as deposits and withdrawals, via mobile devices.

The report urged MFS providers to expand their agent networks to rapidly grow customer bases. It also forecasts that fostering confidence amongst users for CICO transactions will lead to uptake of more comprehensive MFS products, such as microloans and microinsurance, in the future.

Juniper Research provides research and analytical services to the global hi-tech communications sector; providing consultancy, analyst reports and industry commentary.

Contacts

For further details please contact

Sam Smith, Press Relations

T: +44(0)1256 830002

E: sam.smith@juniperresearch.com

Continue Reading

Business Wire

Broadband Forum Reimagines Services Deployment and Orchestration With Exclusive CloudCO Demonstration at Broadband World Forum 2019

Business Wire

Published

on

Reading Time: 4 minutes

The first-of-its-kind demonstration is sponsored by Swisscom, BT, and TIM and will showcase zero touch service provisioning of a multi-vendor access network

AMSTERDAM–(BUSINESS WIRE)–#Cloud–As service providers look to introduce new network technologies to accelerate new services deployment with minimal risk, Broadband Forum will demonstrate the latest developments in its Cloud Central Office (CloudCO) and Open Broadband – Broadband Access Abstraction (OB-BAA) initiatives at Broadband World Forum (BBWF) 2019.

CloudCO is a recasting of the Central Office hosting infrastructure that utilizes Software Defined Networking (SDN), Network Functions Virtualization (NFV) and Cloud technologies to support network functions for broadband services. Within this, OB-BAA specifies Northbound Interfaces (NBI), Core Components and Southbound Adaptation Interfaces (SAI) for functions associated with access network devices that have been virtualized, facilitating co-existence and seamless migration.

The first-of-its-kind demonstration of both initiatives at BBWF 2019 will leverage a combination of SDN automation and virtualization, open source innovation and Broadband Forum’s Open Broadband Labs (OB-Labs) infrastructure. This will show zero touch service provisioning of a multi-vendor access network containing NETCONF/YANG and SNMP access nodes via standard and vendor specific adapters, all through a single portal. It will also take advantage of major enhancements to Broadband Forum’s OB-BAA open source project and a soon-to-be-released new Application Note, APPN-446 – ONAP and CloudCO integration for Residential Broadband HSIA Service.

“The CloudCO and OB-BAA demonstration will represent a radical recasting of services deployment and orchestration to the benefit of the industry,” said Geoff Burke, Chief Marketing Officer at Broadband Forum. “CloudCO and OB-BAA are among our Open Broadband initiatives which aim to advance network migration to cloud-based broadband infrastructures and help service providers realize the possibilities of SDN and NFV. This demonstration will highlight the innovative work of the global Open Broadband Labs and the benefits of industry-wide collaboration and interoperability.”

Specifically, the demo illustrates a multi-vendor network use case in which a customer making a service request has the service created and activated by the service provider, only then to relocate to a new location and find the service seamlessly reactivated. This will show a plethora of benefits which are available to service providers through CloudCO, including reductions in the costs of validating, engineering, and improving operation of services.

BT, Swisscom, and TIM will sponsor the demonstration, reinforcing the important role open standards have to play in operators’ future networks.

Kevin Foster, Head of Broadband Technical Standards for BT, said: “CloudCO and OB-BAA will underpin an ability to create a ‘pick & mix’ access network constructed from different technologies and vendors thereby improving operational effectiveness, customer experience, and ensuring easier migration from legacy technologies and services.”

David Pérez Caparrós, Lead DevOps Engineer at Swisscom, said: “With CloudCO and OB-BAA, we will be able to evolve our access network with new technologies at a faster pace, with lower integration costs and higher customer satisfaction through faster response.”

Mauro Tilocca, Access Network Automation expert and Broadband Forum delegate at TIM, added: “CloudCO and OB-BAA, will improve the agility of net ops and maintenance, and enable open programmable interfaces to improve our service portfolio. This demonstration will show zero touch service provisioning of a multi-vendor access network containing NETCONF/YANG and SNMP access nodes via standard and vendor specific adapters, all through a single portal and ONAP operating as CloudCO Orchestrator as well as End-to-End Service Orchestrator.”

Access vendors participating in the demonstration include Nokia, Altice Labs, and DZS which will all leverage an OB-Labs infrastructure enabled by The European Advanced Networking Test Center (EANTC), The University of New Hampshire InterOperability Laboratory (UNH-IOL) and VMware. The demonstration will take place during exhibition hours in the Broadband Forum / Open Broadband Interop Pavilion (A40). In addition, a one-hour session – “Deep Dive on OB-BAA: Managing Multi-Vendor SDN Broadband Networks” – will be hosted by Ovum Principal Analyst Julie Kunstler in the Broadband World News Theater on the exhibition floor starting at 11.15am on 16 October. Participants will include service provider TIM, access vendors Altice Labs, DZS, and Nokia, and OB-Lab enablers EANTC, UNH-IOL, and VMware.

Broadband World Forum 2019 takes place from Tuesday, October 15 to Thursday, October 17, at the RAI, Amsterdam, the Netherlands. For more information, please visit: https://tmt.knect365.com/bbwf/.

About Broadband Forum

Broadband Forum is the communications industry’s leading organization focused on accelerating broadband innovation, standards, and ecosystem development. Our passion – delivering on the promise of broadband by enabling smarter and faster broadband networks and a thriving broadband ecosystem.

Broadband Forum is an open, non-profit industry organization composed of the industry’s leading broadband operators, vendors, thought leaders who are shaping the future of broadband, and observers who closely track our progress. Its work to date has been the foundation for broadband’s global proliferation and innovation. For example, the Forum’s flagship TR-069 CPE WAN Management Protocol has nearly 1 billion installations worldwide.

Broadband Forum’s projects span across 5G, Connected Home, Cloud, and Access. Its working groups collaborate to define best practices for global networks, enable new revenue-generating service and content delivery, establish technology migration strategies, and engineer critical device, service & development management tools in the home and business IP networking infrastructure. We develop multi-service broadband packet networking specifications addressing architecture, device and service management, software data models, interoperability and certification in the broadband market.

Our free technical reports and white papers can be found at https://www.broadband-forum.org/.

Follow us on Twitter @Broadband_Forum and LinkedIn.

For more information about the Broadband Forum, please go to https://www.broadband-forum.org or follow @Broadband_Forum on Twitter. For further information please contact Brian Dolby on +44 (0) 7899 914168 or brian.dolby@proactive-pr.com or Jayne Brooks on +44 (0) 1636 704 888 or jayne.brooks@proactive-pr.com

Contacts

Brian Dolby on +44 (0) 7899 914168 or brian.dolby@proactive-pr.com or Jayne Brooks on +44 (0) 1636 704 888 or jayne.brooks@proactive-pr.com

Continue Reading

Font Resizer

Subscribe to PICANTE via Email

Enter your email address to subscribe to PICANTE and receive notifications of new posts by email.

Follow us on Facebook

Read more from our authors

Follow our Tweets

Trending

Please turn AdBlock off