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Prophecy Accelerates Adoption of Lakehouse Technology with Launch of "Prophecy for Databricks" as Demand for Modern Data Stack SkyrocketsPowerful, low-code platform now available for Databricks' customers, enabling 10x data engineering PALO ALTO, Calif., June 21, 2022 /PRNewswire/ -- Prophecy, the leading low-code platform for data engineering, today announced the launch of Prophecy for Databricks, a powerful new offering that makes it easier and faster to build data pipelines that deliver the data for business intelligence and machine learning. This platform, with a visual drag-and-drop canvas, enables anyone that wants to do data engineering to visually and interactively develop, deploy and monitor data pipelines on Apache Spark. Built for use by both seasoned data engineering teams and non-programmer data citizens alike, Prophecy for Databricks enables many more users to build pipelines easily, move them to production and accelerate the transition of companies being data driven. With 10x users enabled, data teams experience a radical increase in operational excellence and data quality enabling them to manage more pipelines than ever before. IDC has forecasted that data is being created at an annual growth rate of 23%, which mans 181 zettabytes of data will have been created by 2025. With data growing so quickly, corporations are struggling to keep up with processing the data at this pace. According to Gartner, the DBMS market is nearly $80B and grew 22% in just the last year, with the share of cloud DBMS growing even faster than the overall DBMS market. Existing data engineering products do not meet the needs of companies and have proven to be unnecessarily complex and inefficient. With Prophecy for Databricks, companies can 10x data engineering with dramatic increases in data practitioners doing data engineering, individual productivity, reliability of data pipelines, and data quality. "The industry need for data & analytics far outstrips what can be produced by data engineers programming in notebooks," said Raj Bains, CEO and co-founder of Prophecy. "With this release of Prophecy for Databricks, we're providing powerful, visual tools that enable an order of magnitude more data users to quickly develop data pipelines, at the same level as programmers. This expansion of data engineering to non-programmers is the only way to realize the potential of data at scale." With Prophecy for Databricks, companies can modernize their data pipelines o Spark through the platform's core features, which include:
From our Customers "Analyzing large amounts of data in a timely manner and developing key insights through analytics can be a differentiator for our investments. We were looking for a product which allowed non-technology users to interact with data with the same capabilities as an engineer, while keeping control of our ecosystem," said Shehzad Nabi, Chief Technology Officer at Waterfall Asset Management LLC. "Although there are many solutions in the market, none came close to Prophecy's capabilities with plug-and-play integration into Databricks, extensibility, and native Spark code that we control. We see a huge potential with Prophecy in analyzing new datasets and developing scalable data pipelines" "As a new Databricks customer, we wanted to get our data team productive quickly and reduce the need for specific Apache Spark skills. We've tried other low-code products and either they didn't meet all our expectations or were too difficult to deploy and use," commented João Henriques, Chief Risk Officer at Cegid Invoice & Financing." "With Prophecy, our data team has ramped up very quickly and we are now using advanced capabilities of Spark with the support of Prophecy's experts." This launch comes on the heels of Prophecy's closing of its $25M Series A round led by Insight Partners earlier this year and serves as the latest addition to its existing product suite. Prophecy's customers include a large range of companies from mid-sized to Fortune 500 companies, primarily in the financial, healthcare, and technology sectors. Pricing for Prophecy for Databricks starts at $5K per month for 10 users. For more information on Prophecy for Databricks, visit Prophecy for Databricks. About Prophecy View original content:https://www.prnewswire.com/news-releases/prophecy-accelerates-adoption-of-lakehouse-technology-with-launch-of-prophecy-for-databricks-as-demand-for-modern-data-stack-skyrockets-301570935.html SOURCE Prophecy |