Denodo rolls out latest data management platform upgrades
Denodo, a data management provider, has unveiled enhancements to its Denodo Platform. These updates empower organizations to democratize data usage, bolster self-service data product development and optimize cloud and data lake utilization.
The latest update brings generative AI to democratize data usage, enabling business users to interact with their data using natural language. The latest features include pre-built integrations with ChatGPT and Azure OpenAI, to which users can access and utilize Denodo Platform’s datasets without SQL skills or BI tools.
In addition, the FinOps dashboard allows businesses to control costs and optimize workloads across diverse databases, data lakes and platforms, both on-premises and in the cloud.
Alberto Pan, the executive vice president and CTO of Denodo, remarks that as companies adopt distributed data management principles like data mesh and data fabric, the updated Denodo Platform enables them to strengthen data security, leverage AI for improved self-service and gain better control over FinOps.
Denodo says its platform also accelerates privacy compliance by simplifying the management of fine-grained access control policies. Business users can also author and deliver data products for collaboration and sharing within and outside the organization, fostering self-service data product development.
Sanjeev Mohan, the principal at SanjMo and former Gartner Research VP of data and analytics, comments, “Data must be front and center for every organization that wants to be data-driven and competitive in the digital transformation era.”
Mohan adds that Denodo’s latest enhancements ensure businesses get the maximum value from their data integration, management and delivery initiatives.
These enhancements follow shortly after the announcement of a $336 million investment in Denodo by TPG, facilitated by TPG Growth’s equity platform. Denodo’s platform enables intelligent data traffic management, enhancing data utilization and operational efficiency, the company says. CEO Angel Viña sees this funding as a testament to Denodo’s leadership in the market and growth potential.
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