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For years, founders and investors in China had little interest in opensource software because it did not seem like the most viable business model. The three-year-old Chinese startup, which builds opensource software for processing unstructured data, recently closed a Series B round of $43 million.
However, today’s news that Oracle is going to buy Sun Microsystems has some very important implications. It has to do with the fact that many, many nonprofit websites and web applications are built using MySQL, the most popular opensource database management system. For us, it’s generally much more removed.
So despite the broader downturn , it seems that 2022 may have been relatively kind to startups operating in the no- and low-code sphere, something that fledgling Northern Irish startup Budibase is capitalizing on with the announcement of a fresh $7 million tranche of funding to further develop an opensource web app builder.
Based on my informal assessment of attitudes and interest in the NTEN community about opensource software, I think there's a significant and growing number of folks and organizations who are either interested in, already using, or even evangelizing opensource solutions. Current Trends.
Oracle , a decade-long war over the future of software, neared its end in the Supreme Court this week as a battle of metaphors. Oracle covers a complex question : what elements of computer code can be copyrighted, and if that code is covered by copyright, when it’s still legal to use pieces of it under fair use. Alex Castro.
In 2020, Chinese startup Zilliz — which builds cloud-native software to process data for AI applications and unstructured data analytics, and is the creator of Milvus , the popular opensource vector database for similarity searches — raised $43 million to scale its business and prep the company to make a move into the U.S.
Salto , a Tel Aviv-based open-source startup that allows you to configure SaaS platforms like Salesforce, NetSuite and HubSpot with code, is coming out of stealth today and announced that it has raised a $27 million Series A round. Salto makes the core of its service available as opensource. ” Image Credits: Salto.
Oracle has introduced Graal Cloud Native 4.2.1, a curated, Oracle-supported build of the opensource Micronaut framework, which provides a full-stack JVM platform for developing modular microservices and serverless applications. Graal Cloud Native 4.2.1 was unveiled January 30.
Ethan Batraski is a partner at Venrock and focuses on data infrastructure, opensource and developer tools. Today, thanks to the cloud, microservices, distributed applications, global scale, real-time data and deep learning, new database architectures have emerged to solve for new performance requirements. Ethan Batraski.
Every application is a palimpsest of technologies, each layer forming a base that enables the next layer to function. Web front ends rely on JavaScript and browser DOM, which rely on back-end APIs, which themselves rely on databases. Database technology can change the world, but the world in these parts changes very, very slowly.
Tracking the explosive growth of open-source software. The Money In Open-Source Software. “Are you gonna hire a bunch of useless salespeople like they have at Oracle?” The company grew explosively and changed the market for databases and how developers built web applications.
. “People became more aggressive with what was already underway, a real move to embrace the cloud to build the next generation of applications and services, and that’s really fundamentally where we are,” Kimball told me. As that happened, the company began a shift in thinking.
At first blush, although Kintera officially got out the door first, announcing Connect weeks ago, and delivering the APIs and docs on Friday, their play is a good start, but Convio, announcing Open tomorrow, appears to be ahead in terms of providing real openness. The API is SOAP. apps out there. gods: Flickr, RSS, Google, etc.
It prioritizes building transmission lines for data owned by nonprofit programmatic needs and not shareholder economy software development exclusively while inviting a community of software platform and application dialogue. This is an opportunity to advance equity in nonprofit technology.
How People Are Using Retrieval-Augmented Generation With retrieval-augmented generation, users can essentially have conversations with data repositories, opening up new kinds of experiences. This means the applications for RAG could be multiple times the number of available datasets. An example application for RAG on a PC.
ForgeRock was founded in 2010, but its roots go back even further to an open-source single sign-on project known as OpenSSO that was created by Sun Microsystems in 2005.
Alex: 2022 is when opensource will become the de facto startup model. What hit me this year, especially toward the latter half, was just how frequently I ran into bright folks building businesses that had an opensource component. We all know that opensource isn’t new as a business concept.
It’s their experiences with CFOs that led Heller and Boldo to co-found Trullion , an accounting software platform that connects corporate controllers, CFOs and external auditors on a single platform, offering a unified source of truth for financial leaders — if the sales pitch is to be believed, at least.
. “Databases are the most important component of every application stack. “But these systems have many facets … Open-source databases like PostgreSQL and MySQL are getting better each year, but more features means deployment challenges. .
He points to the platform’s recently launched Kos, an opensource metadata model and integration toolkit that’s designed to make it easier to model data consistently. Google, IBM, and Oracle), Data.World has rivals in startups like Stemma , which raised $4.8 ” Growth into the future. .
" Allan also offers an analysis of the nonprofit micro-philanthropy applications, but says it is too early to speculate where things will be in the next 21 days or next few months. Application developers are going to go to where the heat is, and that heat is red hot at Facebook But longer term, this may change. What is Openness?
For Microsoft, Oracle, Perplexity, Snap and hundreds of other leading companies, using the NVIDIA AI inference platform a full stack comprising world-class silicon, systems and software is the key to delivering high-throughput and low-latency inference and enabling great user experiences while lowering cost.
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