Events in European Data and Analytics, 2H22

Events in European Data and Analytics, 2H22

This IDC Market Note details key moves in the analytics and data market in Europe between July and December 2022, focusing on tech vendor investments, mergers, and acquisitions. It also includes market moves outside these categories that illustrate broader market trends.

Please Note: Extended description available upon request.


Executive Snapshot
In This Market Note
IDC's Point of View
Notable Investments
SingleStore Announces $116M Financing Led by Goldman Sachs Asset Management
Alation Raises $123M in Series E Funding at a Valuation of Over $1.7B
Matillion Receives Undisclosed Investment from Databricks Ventures
AI/Analytics Platform Dataiku Raises $200M in Series F Financing Round
Notable Mergers and Acquisitions
SAP Acquires Search-Driven Analytics Company Askdata
IBM Acquires Data Observability Company Databand.ai
ServiceNow Acquires Data Observability/No-Code Data Pipelines Company Era Software
Databricks Acquires Canada-Based Data Intelligence/Analytics Start-Up Datajoy
Cybersecurity Company Qualys Acquires Blue Hexagon's AI/ML Platform
Other Key Market Moves
MongoDB Announces Availability of MongoDB 6.0 Featuring Queryable Encryption
Databricks Adds Dataflow Automation Through Partnerships with Prefect
Teradata Launches VantageCloud Lake with Expanded ClearScape Analytics Suite that Supports In-Database Analytics
Oracle Announces MySQL HeatWave on AWS, Its First Managed Service that Runs on Another Cloud
Qlik Announces Generally Availability of Qlik AutoML and its Full Integration into Qlik Cloud
Snowflake, Anaconda Announce General Availability of Snowpark for Python, ML Packages Within Snowflake's Data Cloud
Oracle Enhances Comprehensive, Integrated Data/Analytics Features and Capabilities
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