Connect with us

Digital Health

The Databricks Group Acquires Arcion, a Leading Provider of Real-Time Enterprise Data Replication

Arcion’s connectors will simplify and accelerate ingesting data from enterprise databases to the Databricks Lakehouse Platform  Databricks, the Data…

Published

on

This article was originally published by AITHORITY
The Databricks Group Acquires Arcion, a Leading Provider of Real-Time Enterprise Data Replication

Arcion’s connectors will simplify and accelerate ingesting data from enterprise databases to the Databricks Lakehouse Platform

 Databricks, the Data and AI company announced it has agreed to acquire Arcion, a Databricks Ventures portfolio company that helps enterprises quickly and reliably replicate data across on-prem, cloud databases and data platforms. This will enable Databricks to provide native solutions to ingest data from various databases and SaaS applications into the Databricks Lakehouse Platform. The transaction is valued at over $100 million, inclusive of incentives.

AiThority Interview Insights : AIThority Interview with David Lambert, VP & GM, Strategy & Growth, APAC, Medallia

Data Lakehouse Platforms have emerged as the de facto standard for enterprise data and AI platforms. However, these data platforms are only as valuable as the data in them. Ingesting data from existing databases and applications remains complicated, fragile, and costly. Troves of important data sit not only in transactional databases such as Oracle, MySQL, and Postgres, but also in SaaS applications such as Salesforce, SAP, and Workday. According to a recent MIT Technology Review Insights and Databricks survey of senior data and technology executives (“Laying the foundation for data- and AI-led growth”), businesses still suffer from many siloed systems; 34% have 10+ systems, and of the largest companies, more than 80% have 10+ systems to juggle.

This acquisition will enable Databricks to natively provide a scalable, easy-to-use, and cost-effective solution to ingest data from various enterprise data sources. Building on a scalable change data capture (CDC) engine, Arcion offers connectors for over 20 enterprise databases and data warehouses. The integration will simplify ingesting such data either continuously or on-demand into the lakehouse, fully integrated with the enterprise security, governance, and compliance capabilities of the Databricks platform.

Recommended:  Understanding Artificial Intelligence’s Role in Accelerating Africa’s Healthcare Momentum

“To build analytical dashboards, data applications, and AI models, data needs to be replicated from the systems of record like CRM, ERP, and enterprise apps to the Lakehouse,” said Ali Ghodsi, Co-Founder and CEO at Databricks. “Arcion’s highly reliable and easy-to-use solution will enable our customers to make that data available almost instantly for faster and more informed decision-making. Arcion will be a great asset to Databricks, and we are excited to welcome the team and work with them to further develop solutions to help our customers accelerate their data and AI journeys.”

“Arcion’s real-time, large-scale CDC data pipeline technology extends Databricks’ market-leading ETL solution to include replication of operational data in real-time,” said Gary Hagmueller, CEO of Arcion. “Databricks has been a great partner and investor in Arcion, and we are very excited to join forces to help companies simplify and accelerate their data and AI business momentum.”

Recommended: Is Your Beautiful Content Going into a Black Hole?

 [To share your insights with us, please write to sghosh@martechseries.com] 

The post The Databricks Group Acquires Arcion, a Leading Provider of Real-Time Enterprise Data Replication appeared first on AiThority.

artificial intelligence


Digital Health

Keep it Short

By KIM BELLARD OK, I admit it: I’m on Facebook. I still use Twitter – whoops, I mean X. I have an Instagram account but don’t think I’ve ever posted….

Continue Reading
Life Sciences

Asian Fund for Cancer Research announces Degron Therapeutics as the 2023 BRACE Award Venture Competition Winner

The Asian Fund for Cancer Research (AFCR) is pleased to announce that Degron Therapeutics was selected as the winner of the 2023 BRACE Award Venture Competition….

Continue Reading
Digital Health

Seattle startup Olamedi building platform to automate health clinic communications

A new Seattle startup led by co-founders with experience in health tech is aiming to automate communication processes for healthcare clinics with its software…

Continue Reading

Trending