LONDON, March 19, 2018 /PRNewswire/ -- Gartner Data & Analytics 2018 Summit -- Io-Tahoe LLC, a pioneer in machine learning-driven smart data discovery products that span a wide range of heterogeneous technology platforms, from traditional databases and data warehouses to data lakes and other modern repositories, today announced the General Availability (GA) launch of the Io-Tahoe smart data discovery platform. Io-Tahoe is making today's announcement from the Gartner Data & Analytics 2018 Summit, where it will showcase its newly enhanced product at booth #S20. Io-Tahoe was designated as a Cool Vendor in Gartner's "Cool Vendors in Data Management 2017"; the company was listed as Rokitt Astra, which it acquired in May 2017.*
The GA version includes the addition of Data Catalog, a new feature that allows data owners and data stewards to utilize a machine learning-based smart catalog to create, maintain and search business rules; define policies and provide governance workflow functionality. Io-Tahoe's data discovery capability provides complete business rule management and enrichment. It enables a business user to govern the rules and define policies for critical data elements. It allows data-driven enterprises to enhance information about data automatically, regardless of the underlying technology and build a data catalog.
"Today's digital business is driving new requirements for data discovery," said Stewart Bond, Director Data Integration and Integrity Software Research, IDC. "Now more than ever enterprises are demanding effective, and comprehensive, access to their data – regardless of where it is retained – with a clear view into more than its metadata, but its contents as well. Io-Tahoe is delivering a robust platform for data discovery to empower governance and compliance with a deeper view and understanding into data and its relationships."
"Io-Tahoe is unique as it allows the organization to conduct data discovery across heterogeneous enterprise landscapes, ranging from databases, data warehouses and data lakes, bringing disparate data worlds together into a common view which will lead to a universal metadata store," said Oksana Sokolovsky, CEO, Io-Tahoe. "This enables organizations to have full insight into their data, in order to better achieve their business goals, drive data analytics, enhance data governance and meet regulatory demands required in advance of regulations such as GDPR."
Increasing governance and compliance demands have created a dramatic opportunity for data discovery. According to MarketsandMarkets, the data discovery market is estimated to grow from $4.33 billion USD in 2016 to $10.66 billion USD in 2021i. This is driven by the increasing importance of data-driven decision making and self-service business intelligence (BI) tools. However, the challenge of integrating the growing number of disparate platforms, databases, data lakes and other silos of data has prevented the comprehensive governance, and use, of enterprise data.
Io-Tahoe's smart data discovery platform features a unique algorithmic approach to auto-discover rich information about data and data relationships. Its machine learning technology looks beyond metadata, at the data itself for greater insight and visibility into complex data sets, across the enterprise. Built to scale for even the largest of enterprises, Io-Tahoe makes data available to everyone in the organization, untangling the complex maze of data relationships and enabling applications such as data science, data analytics, data governance and data management.
The technology-agnostic platform spans silos of data and creates a centralized repository of discovered data upon which users can enable Io-Tahoe's Data Catalog to search and govern. Through convenient self-service features, users can bolster team engagement through the simplified and accurate sharing of data knowledge, business rules and reports. Here users have a greater ability to analyze, visualize and leverage business intelligence and other tools, all of which have become the foundation to power data processes.
The latest version of Io-Tahoe and its new business aligned Data Catalog feature is available now. For more information, visit: https://io-tahoe.com/product.
Tweet this: .@IoTahoe Announces Availability of Machine Learning-Driven Smart Data Discovery Platform; Improves the #Governance and #Compliance of Discovered Data https://io-tahoe.com/ #MachineLearning #AI #Intelligence #LearningSpeed
* Gartner, "Cool Vendors in Data Management, 2017" Analyst(s): Adam M. Ronthal | Ted Friedman | Mark A. Beyer | Guido De Simoni | Merv Adrian | Svetlana Sicular| Ehtisham Zaidi | Roxane Edjlali, Published April 28, 2017, https://www.gartner.com/doc/3696917/cool-vendors-data-management. A complimentary copy of the licensed reprint may be accessed here.
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About the Gartner Data & Analytics Summit 2018
Data and analytics leaders are fuelling digital transformation, creating monetization opportunities, improving the customer experience and reshaping industries. The Gartner Data & Analytics Summit provides the tools to build on the fundamentals of data management, business intelligence (BI), and analytics; harness innovative technologies such as artificial intelligence (AI), blockchain and the Internet of Things (IoT); and accelerate the shift toward a data-driven culture to lead the way to better business outcomes.
About Io-Tahoe
Io-Tahoe is a pioneer in machine learning-driven smart data discovery products that enable organizations to discover data across a wide range of heterogeneous technology platforms, from traditional databases and data warehouses to data lakes and other modern repositories, helping enterprises trace data elements across their systems in spite of outdated metadata definitions. The product utilizes machine learning algorithms to dramatically increase the accuracy, intelligence and speed of learning of complex data elements and data relationships throughout the entire business environment. Our product has been custom-built by a team with a deep understanding of data challenges, giving us first-hand insight and appreciation into our customers' diverse and complex data needs. Our product is particularly valuable to businesses with large numbers of customers and diverse data sets, such as those in the financial services, utilities, retail, transportation, insurance, healthcare and manufacturing industries. For further information, please visit: www.io-tahoe.com.
i Data Discovery Market by Type (Software and Service), Service (Professional and Managed), Application (Risk Management, Sales & Marketing Optimization, and Cost Optimization), Deployment, Organization Size, Vertical, and Region - Global Forecast to 2021. marketsandmarkets.com. January 2017.
SOURCE Io-Tahoe LLC