Revefi today announced continued momentum from the launch of Raden, its AI data engineer that augments data teams with expertise in data architecture, system performance and cost management. One recen...
Enterprises shift toward AI-centric solutions for data observability, data quality and spend optimization
SEATTLE: Revefi today announced continued momentum from the launch of Raden, its AI data engineer that augments data teams with expertise in data architecture, system performance and cost management. One recently signed customer is a Fortune 500 company. Early adopters are already seeing significant savings, with one Fortune 500 company reducing its Snowflake spend by $200K within a few days.
“Our recent launch of Raden has generated significant interest from Enterprises spanning asset management, financial services, construction, technology, retail and more,” said Sanjay Agrawal, CEO and co-founder of Revefi. “We’ve seen a 300% increase in demand from enterprise data teams in the Americas and Europe, signaling a massive shift toward AI-centric solutions for data observability, data quality and spend optimization.”
Raden's zero-touch, no data-access approach allows for quick implementation and significant cost reductions. Acting as a co-pilot or autopilot, the AI data engineer automates mission-critical functions such as data quality and data observability, as well as spend, performance and usage management, enabling data teams to connect performance to spend usage and easily tackle complex use cases.
Summary of 2024 momentum highlights
Revefi’s upward trajectory in 2024 has been marked by several notable milestones:
Industry insights from Big Data London 2024 and Coalesce 2024
Revefi observed significant trends at Big Data London 2024 and Coalesce 2024 that inform its industry predictions moving forward.
At Big Data London 2024, where over 15,000 data practitioners gathered to network and share best practices, Revefi noted:
Hosted by dbt Labs, Coalesce 2024 brought together over 11,000 data practitioners to develop skills and learn from customers through networking, workshops and interactive sessions. Key takeaways include:
Looking ahead: predictions for 2025
Revefi anticipates several key trends shaping the data landscape in 2025:
About Revefi
Revefi is the creator of Raden, the world’s first AI data engineer, which augments data engineers and empowers data teams with expertise in data architecture, observability, system performance, optimization and spend optimization. With an automation-first, zero-touch and no-data-access approach, Revefi enables businesses to maximize ROI on their data investments, reducing data spend, driving massive operational efficiencies and delivering results in just five minutes. Founded in 2021 by data experts and ThoughtSpot co-founders Sanjay Agrawal and Shashank Gupta, Revefi’s GenAI-powered platform automates complex data observability, data quality FinOps and DataOps use cases. For more information, visit revefi.com.
Fonte: Business Wire
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