This Week in Enterprise Tech, Week 17

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 AI

Cloudera 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.html

Is 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.html

Is 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.html

Qlik 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 LLM

A 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 Problem

What strategies are necessary to support the power consumption of your AI models in the near future?

EPRI: https://www.epri.com/research/products/3002028905

This Week In Enterprise Tech is hosted by:

Charles Araujo of The DX Report and

Hyoun Park of Amalgam Insights