Databricks Data+AI Summit recap

Databricks continues to innovate ahead of the market, and customers are buying. In the recently concluded Databricks Data & AI Summit in San Francisco, we met with industry stalwarts, decision-makers, and influencers across industries. The energy and excitement was palpable among both customers and partners. We attended the electrifying sessions, interacted with industry leaders, and niche players, and explored how Databricks continues to innovate ahead of the market and why customers are buying from them.

Here are the key highlights from the event.

  1. Enterprise AI
  • Databricks put a significant focus on Mosaic AI at the event. Mosaic AI is designed to enhance and simplify GenAI development, using compound AI systems as well as providing fine-tuning, evaluation, and governance tools. They are enhancing their AI capabilities for enterprises, focusing on tools like vector stores, fine-tuning, custom LLM pre-training, fully owned inference, etc. Several new features within the Mosaic AI suite were announced to support this “Enterprise AI” workflow.
  • Databricks is doubling down on the core belief that scaling AI for Enterprises will require much more than integrating frontier LLM models. Enterprises will need a way to build compound AI systems and the ability to fine-tune or pre-train their models.
  1. Becoming an End-to-End Platform
  • The new Lakeflow product was announced to assist data engineering, ingestion, and ETL.
  • Databricks is further expanding its offerings to become an "end-to-end" platform for all data and AI needs. Enhanced Unity Catalog, Metrics Store, DbSQL (EDW built on Lakehouse), and more were announced.
  • This strategy challenges ISVs and even competes with Hyperscalers' native offering. Databricks thinks that they can give a better cost/performance with these offerings.
  • The company also bought Tabular which enables interoperability between Databricks and the Iceberg format in Snowflake.
  1. “AI first” visualization
    AI/BI, a new ‘AI-first’ visualization tool that will likely compete with PowerBI, Tableau, etc was announced at the event.
  1. Opensource
    There is an emphasis on open formats and standards over closed ecosystems. Unity Catalog was open-sourced live at the keynote. This will ensure greater connectivity with Delta Sharing.
  1. Evolving Partner landscape
    Databricks’ partner community has doubled in the last year. The partner ecosystem continues to thrive with remarkable growth in partner-certified consultants as both large IT companies as well as smaller and niche players keep coming to the fold.

In conclusion

With a 60% YoY sales growth, Databricks is projected to hit $2.4B in revenue, making it one of the largest private unicorns in the world. This clearly shows that modern clients are razor-focused on making the most of their data through intelligent solutions driven by advanced AI capabilities.

At Infogain, we have been helping our clients transform their businesses with our industry-recognized Data and AI practices. Connect with us today and let’s discuss how we can help you leapfrog to the bold new world of data and AI.

About the Author

Tyson Hartman

Tyson Hartman - CTO, Infogain, brings three decades of experience as a technology and strategy leader.

Engineering our technology vision and translating it into actionable strategies for the company and our clients, he advises­­ them on their technology roadmap and vision. The company’s innovation labs and tech-specific interest groups follow his direction, and he is a mentor to our senior solution architects.

He has led numerous digital transformations, including launching new entrepreneurial ventures inside existing enterprises. At West Monroe, Tyson focused on offerings, strategy and assets. As the CTO of Avanade, his thought leadership advanced change through innovative applications of cloud computing and big data.

A graduate of the University of Southern California and a member of the IEEE Computer Society, Tyson volunteers at educational and civic organizations in the Seattle area, where he is based.

Harshit Parikh

Harshit Parikh

Harshit is the Senior Vice President, Global Head of Data & AI Studio at Infogain. A seasoned technology executive with nearly 20+ years of experience leading large engineering teams, architecting complex Data and AI powered technical solutions, and building and scaling geographically distributed teams to deliver them, Harshit has been driving results with an unwavering focus on Client benefits. A self-described digital native, Harshit has spent his career building the technical foundations that enable true digital transformation for Fortune 500 clients. Harshit believes in “Everything Digital must become Intelligent” and is consistently partnering with clients, building an insights-driven culture, powered by Data and AI solutions, in their organisations.