TechieTricks.com
Solix launches new enterprise data platform for the gen AI era Solix launches new enterprise data platform for the gen AI era
Are you ready to bring more awareness to your brand? Consider becoming a sponsor for The AI Impact Tour. Learn more about the opportunities... Solix launches new enterprise data platform for the gen AI era


Are you ready to bring more awareness to your brand? Consider becoming a sponsor for The AI Impact Tour. Learn more about the opportunities here.


Santa Clara-based Solix Technologies announced this week the launch of Solix Common Data Platform (CDP) 3.0, calling it a “multi-cloud, data fabric solution” aimed at companies in fields ranging from banking and insurance to healthcare.

As its name implies, the CDP acts as a centralized repository that organizes an enterprise’s various data assets. 

When asked about the driving factors behind the platform update, Solix cited managing “petabyte-scale data volumes,” evolving privacy regulations, and the need to support advanced analytics and artificial intelligence (AI) applications across multi-cloud environments as major challenges addressed in CDP 3.0. 

All your enterprise data under one roof

Solix CEO Sai Gundavelli said the new platform is central to “maximizing the potential of generative AI and machine learning.”

VB Event

The AI Impact Tour

Connect with the enterprise AI community at VentureBeat’s AI Impact Tour coming to a city near you!

 


Learn More

Solix built the CDP with the goal of bringing together all your structured, unstructured, application and cloud-based data under one roof. It does this through customizable connectors and APIs that integrate sources like on-prem databases, data lakes, cloud storage services and more. Once ingested using these flexible interfaces, the platform’s scalable storage layer – which supports technologies like cloud object stores — handles petabytes of information at hyperscale.

With data consolidated in the CDP, Solix says you stand to gain from unified governance and security capabilities like access controls, data cataloging and automated classification. These controls are critical as privacy regulations continue to tighten. Whether complying with GDPR or CCPA, the platform ensures sensitive fields and records stay properly protected.

New capabilities span security, performance, and multiple cloud services

Specific new capabilities include enhanced security, improved performance and multi-cloud deployment options. For example, Solix said the new platform “extends beyond conventional data management” by leveraging proven open-source tech and cloud-native architecture. 

On the topic of security, Solix outlined new capabilities for encryption, sensitive data masking, access controls and compliance. Auto-discovery of sensitive fields, a coordinated approach to governance and robust auditing are also part of the platform’s expanded security toolkit.

In terms of performance, Solix claims a two times improvement for data integration workloads and three times faster for governance and data access. Support for open table formats like Apache Hudi, Iceberg and Databrick’s Delta Lake further boost processing speed. 

As a case study for healthcare providers seeking to balance cost control, compliance and care quality, the Solix CDP aims to streamline data pressures. By centralizing legacy electronic health records, archives and linking novel data sources, the platform boosts clinical system performance while reducing infrastructure spend. Pre-built analytics and APIs then give providers timely insights drawn from diverse patient and population health resources. 

The goal: arm clinicians with actionable intelligence to enhance personalized care – while letting administrators optimize challenging operational demands behind the scenes. With data governance ensured, the CDP potentially helps providers satisfy multiple priorities through a unified data management foundation.

Can new capabilities be added without complexity?

According to Kevin Petrie, VP of research at Eckerson Group, “This release from Solix is pretty comprehensive and addresses the primary challenges we see in the public and private sector these days.” 

Petrie acknowledged Solix’s update aims to address top priorities for enterprises like support for multi-cloud usage and innovative analytics projects. He also noted the platform is meeting industry needs by integrating components from the broader ecosystem, such as Kubernetes and open data formats.

However, Petrie questioned whether Solix can manage this expanding scope of integrations without adding undue complexity. Overhauling core offerings often presents risks as well as opportunities.

By continuing to modernize its platform, Solix looks to keep pace in a fast-moving market. But as Petrie observed, the challenge lies in balancing innovation with customer experience. Additional functionality must deliver true value without burdening users, he said.

The company reports increased efficiency from the upgrade is allowing it to maintain existing pricing models, including SaaS subscriptions, software licensing and perpetual licenses. As major industry players like AWS, Azure, Snowflake and Databricks continue bolstering their analytics and AI tooling, the challenges of scalability, interoperability and user experience endure. 

VentureBeat’s mission is to be a digital town square for technical decision-makers to gain knowledge about transformative enterprise technology and transact. Discover our Briefings.



Source link

techietr