Welcome to The Wrap Podcast – where Bridget Courneya, Aaron Back, and John Foley recap their week and the latest from the business and tech market. Today’s episode is brought to you by the Cloud Database Battleground digital event launching in January, registration details coming soon! This week’s topics include Data Warehouse as a Service Market, AI, Automation, and reactions to announcements made at Amazon re:Invent 2021.
Cloud Database Battleground
00:49 – The Cloud Database Battleground is an upcoming digital event, occurring on Thursday, January 27th. We’re hosting industry leaders in the database market for a 3-hour event. Registration is coming soon!
Moving to the Cloud
02:16 – This past week, AWS held re:Invent 2021. AWS announced a new working relationship with Goldman Sachs on a financial cloud. Additionally, it was also announced that Nasdaq plans to move it’s exchange operations into AWS cloud.
03:32 – Google Cloud recently announced a $1 billion partnership with CME Group.
03:58 – What draws customers to migrate their business to the cloud?
Data Warehouse as a Service
07:10 – Guess the CAGR: Data Warehouse as a Service (DWaaS) Market. Looking at a 2028 trajectory, this market is growing by 22.08%. Top key players include Amazon Web Services, Actian, Accur8 Software, AtScale, Cloudera, Google, IBM, MarkLogic, Microsoft, and Micro Focus.
14:03 – The traditional model of data warehousing is centralized enterprise data warehouses, which are carefully managed. These often run on big data architectures in a data center. With the newer models, data centers are operating in the cloud, making it easier to manage.
Pushing AI and Automation to the Edge
15:35 – Grammarly, an AI-powered writing tool, recently raised $200 million in funding. Now, the company’s approximate value is around $13 billion.
16:15 – A unique robot café in Japan is staffed by robots that are remotely operated by people with severe physical disabilities.
18:16 – According to a recent study, 63% of millennials approve of automation in the workplace.
20:30 – This week, John Foley published an article on how graph databases demonstrate relationships between data. In the article, he covered how Neo4j, earlier this year, had a $325 million investment in the graph database space.
21:55 – Analyst Scott Vaughn wrote an article on how data transparency can help your business build digital trust.
24.18 – On the Future Office of the CFO channel, there’s a new brief by Kieron Allen: A CFO’s Guide to Finance Automation for Risk Management.
Discover additional perspectives from our Analyst Network published this week including:
- How to Implement a Modern Zero Trust Security Model by Chris Hughes
- Risk Ownership Is Key to Cybersecurity and Organizational Readiness by Rob Wood
- What is Low-Code Software Development? by Bill Doerrfeld
- 5 Critical Steps to Building a Custom Business Application by Kieron Allen
25:08 – Along with the Cloud Database Battleground event, there are a couple more events. The Future of Finance Automation will be on Wednesday, December 15th. Also, the State of Tax Automation event is available to watch now on demand.