Insights

Cloudera, the enterprise data cloud company, yesterday announced that it has entered into a definitive agreement to be acquired by affiliates of Clayton, Dubilier & Rice ("CD&R") and KKR in an all-cash transaction valued at approximately $5.3 billion. The transaction will result in Cloudera becoming a private company and is expected to close in the second half of 2021. The Board of Directors of Cloudera (the "Board") has...

Prescryptive Health, a healthcare technology company focused on empowering consumers by improving the way healthcare is delivered, announced that Dr. Luyuan Fang has joined the leadership team as Chief AI and Data Officer. In this role, Dr. Fang will be responsible for Prescryptive's AI and Data strategy and product roadmap end-to-end. Dr. Fang was most recently Chief AI Officer and Senior VP at Change Healthcare, where she was responsible...

Catapult, a Microsoft-focused solutions and services firm that specializes in building and sustaining digital transformation and cloud-based technologies, last week launched the Modern Data Culture Learning Channel. Registrants receive access to a virtual learning channel focused on how to create a successful data-driven culture to improve their organization's performance. This free learning channel features the keynote "Turning...

Internet Brands, a KKR portfolio company and owner of WebMD Health Corp., a leader in health information services for physicians and consumers, last week announced an agreement to acquire PulsePoint Inc., a technology company using real-time data to unlock and activate health insights. Internet Brands' acquisition of PulsePoint accelerates its expansion into the healthcare marketing technology space, adding enhanced programmatic and data...

JG Wentworth, a provider of financial services in the debt relief and structured settlement markets, today announced Gaurav Marballi joined the company to serve as its Senior Vice President of Analytics and Data Science. "In this new role, Gaurav will be responsible for driving and leading our data and analytics strategy across all products. He will facilitate our migration to a data and analytics focused organization, which utilizes...

Approximately 55% of all organizations overestimate the maturity of their responsible artificial intelligence (RAI) program — the structures, processes, and tools that help organizations ensure that their AI systems work in the service of good while transforming their businesses. This is according to a new global survey conducted by consulting group BCG GAMMA. In addition, less than half of the organizations that reported...

The CISO and broader information security community will assemble virtually at the upcoming Trust 2021 event on April 13-14 to discuss and debate crucial cybersecurity issues. More than 5,000 CISOs, information security influencers, and decision-makers will exchange peer-to-peer knowledge and topics covering email security, threat intelligence, security awareness training, automation, data science, and supply chain security. "Email...

New research shows that a segment of high-growth software companies known as scaleups are catalyzing economic growth and fueling innovation and job creation, despite the economic fallout from the COVID-19 pandemic. The report, The Scaleup Revolution: A Force Multiplier of Economic Growth , conducted by research firm Wakefield Research on behalf of Insight Partners, a software venture capital and private equity investor, surveyed 300...

Data Donate Technologies, Inc., a wholly owned subsidiary of Data Vault Holdings, Inc., announced today that it is partnering with Jumptuit, Inc. and Carter Brothers Management Services to launch a new cloud-based solution for capturing, visualizing, and managing the diversity and inclusion data of corporations on a global basis. The new solution, Carter Diversity Data System (CDDS), will provide environmental, social, and governance (ESG)...

Correlation One today announced that SoftBank Group International is backing Data Science for All / Empowerment (DS4A / Empowerment), a new effort designed to upskill and prepare job seekers from underserved communities for data science careers. DS4A / Empowerment aims to train at least 10,000 people from underrepresented communities – prioritizing those who are Black, Latinx, LGBTQ+, and U.S. military veterans – over the next...

BeyondID, a system integrator (SI) and managed service provider (MSP) for cybersecurity and cloud services, today announced it closed a Series A funding round of $9 million. The financing was provided by Tercera, an investment and advisory company specializing in the $460B cloud professional services market. BeyondID helps companies acquire, deploy, and manage cybersecurity and cloud services to become more secure, agile, and prepared for...

CFOs will fail to realize the full value of new technology investments unless their staff are equipped with five key digital competencies which are most crucial for delivering high business impact, according to Gartner, Inc. A recent survey of 173 global CFOs in November 2020 revealed that plans for substantial digital investments topped CFOs’ agendas in 2021. Without improving digital competencies, finance departments will likely...