Intelligent CIO North America Issue 53 | Page 15

NEWS

Connecty AI raises $ 1.8m to solve enterprise data ’ s three-dimensional problem

Connecty AI has emerging from stealth with $ 1.8 million in preseed funding – having developed a context engine that tackles the inherent complexity in enterprise data .

The round was led by Market One Capital , with participation from Notion Capital and data industry experts including Marcin Zukowski , co-founder of Snowflake and Maciej Zawadzinski , Founder of Piwik PRO .
“ Our experience has shown us that effective data management is about more than just technology – it ’ s about connecting the dots between data sources , business objectives and the people who use them ,” said Aish Agarwal , CEO , Connecty AI .
Connecty AI extracts and connects three-dimensional context from diverse data sources and use-cases while integrating real-time human feedback , creating an enterprise-specific context graph . This context is leveraged to automate data tasks across various roles , using a personalized dynamic semantic system . The engine operates continuously in the background , proactively generating recommendations within data pipelines , updating documentation , and uncovering hidden metrics aligned with business goals .
The platform connects data warehouses like Snowflake or BigQuery in less than five minutes with no-code deployment .
The timing of Connecty ’ s emergence from stealth aligns with growing market demand . According to Future Markets Insights , the global AI Analytics market is projected to grow at a CAGR of 22.6 %, reaching $ 223 billion by 2034 .
Looking ahead , Connecty AI will expand its context engine ’ s capabilities across additional data sources and offer it as a service via API .

IBM enters into a multi-year agreement with Ferrari S . p . A .

Both will develop a fully reimagined mobile app to be unveiled during the 2025 season . This includes applying IBM ’ s technology and consulting expertise to analyze and transform Ferrari ’ s massive volume and variety of data into custom insights , personalized content , and innovative features designed to supercharge the fan experience .
IBM will also provide its new cutting-edge technology and datadriven solutions to increase speed and production .
“ In Formula 1 , seconds matter whether it ’ s on or off the track . The ability for Scuderia Ferrari HP to quickly deliver world-class insights from their abundant data will only happen through the benefit of technology ,” said Jonathan Adashek , Senior Vice President , Marketing and Communications , IBM .

IBM is to become the official Fan Engagement and Data Analytics Partner of Scuderia Ferrari HP , the most renowned Formula 1 team , starting in 2025 .

Lorenzo Giorgetti , Chief Racing Revenue Officer , Ferrari , said : “ Our two companies share values such as the pursuit of excellence and the desire to always keep pushing the boundaries in our respective spheres of activity , as well as combining our technology and skills to pursue the highest quality and cutting-edge technology .
Together , the two iconic brands will conceive , develop and deliver world-class digital experiences to bring racing enthusiasts closer than ever to the racing team .
“ The collaboration with IBM will see us offering Scuderia Ferrari HP fans unprecedented experiences that will open the doors of the Scuderia to the outside world .”
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