Data transformation and optimization — tasks that many, if not most, large enterprises deal with — aren’t easy. But thanks to the enormous growth of AI and cloud technologies, the challenges appears to be increasing. In a recent Gartner poll, fewer than half (44%) of data and analytics leaders said that their teams are effective […]
Observe, the data observability platform, raises $115M with Snowflake investing
Enterprises today store and use data across an ever-growing number of applications and locations — making it challenging — if not impossible — to manage and query that data in a holistic way. That spells opportunity for startups building tools to stitch together that fragmentation, and today one of them — Observe — is announcing […]
Snowflake CEO Frank Slootman stepping down — and Wall St hates it
Apparently Frank Slootman, the veteran tech executive, was popular with investors, at least judging from their reaction that he will be stepping down as CEO of Snowflake. The company stock price has plunged more than 20% in after-hours trading on the news. Slootman will retreat into the role of chairman of the board, while Sridhar […]