Events in European Predictive, Advanced, and Visual Analytics and Machine Learning, 2H24

This IDC Market Note details key moves in the analytics and business intelligence market in Europe between June and December 2024, focusing on tech vendor investments, mergers, and acquisitions. It also includes market moves outside of these areas that illustrate broader market trends.

Executive Snapshot

In This Market Note

IDC's Point of View

• Notable Investments
  • Pyramid Analytics Secures $50M in Financing from BlackRock
  • Databricks Raises $10B Series J Investment at $62B Evaluation
  • Thoma Bravo Sells Significant Minority Stake in Qlik to the ADIA
• Notable Mergers and Acquisitions
  • SAS Acquires Hazy to Enhance Synthetic Data Capabilities
  • IBM to Acquire Hybrid Data Cloud Company HashiCorp
• Other Key Market Moves
  • DomoGPT LLM is introduced to enhance AI capabilities
  • AWS Announces Amazon SageMaker Lakehouse, a Unified Platform for Data, Analytics, and AI
  • Quantexa Introduces AI-Powered Workload for Microsoft Fabric
  • Oracle announces improved AI, ML, and Analytics Solutions
  • Google Cloud Introduces Advancements to BigQuery's Capabilities for Handling Unstructured Data
  • Oracle, AWS Forge Strategic Partnership to Enhance Cloud Integration
  • Alteryx Announces Streamlined Enhancements for Hybrid Analytics
  • IBM Launches StreamSets for Real-Time Data Integration
  • DataRobot 2024 Announces Updates for its ML Features

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• Related Research
• Synopsis