UPDATED 12:10 EDT / JUNE 07 2024

Taylor Brown, co-founder and CEO of Fivetran, and Chris Suen, head of data at Lyra Health, discuss how their collaboration is benefitting mental health customers at Data Cloud Summit 2024. BIG DATA

Lyra Health enhances its mental health platform with advanced data management

Our country is currently in the midst of a mental health crisis, and Lyra Health Inc., a leading provider for mental health benefits, is trying to better serve its customers through a collaboration with Fivetran Inc., an automated data movement platform.

The latter company recently announced the Fivetran Managed Data Lake Service, which allows companies such as Lyra Health to move data into Apache Iceberg, the popular format for managing large amounts of data in analytic tables.

Taylor Brown, co-founder and CEO of Fivetran, and Chris Suen, head of data at Lyra Health, discuss how Iceberg is changing data management with theCUBE.

Lyra Health’s Chris Suen and Fivetran’s Taylor Brown discuss the enterprise’s desire for more ownership over data.

“Traditionally, you had to load your data directly into a Snowflake or a Databricks — I think this opens up that ability to have the ownership back to the customer,” said Chris Suen (pictured, left), head of data at Lyra Health. “You have your own space — that’s private, that’s in your VPC — that you’re comfortable with loading all the data you have there and then, selectively, what you want to pull into your data warehouse or into your AI platform.”

Suen and Taylor Brown (right), co-founder and chief operating officer of Fivetran, spoke with theCUBE’s Rebecca Knight and Dave Vellante at Data Cloud Summit, during an exclusive broadcast on theCUBE, SiliconANGLE Media’s livestreaming studio. They discussed how data storage is changing and the benefits of a data lake system. (* Disclosure below.)

Data lakes help Lyra Health better serve customers

Fivetran is one of the most popular companies doing data movement services, according to Brown, which are vital to the era of artificial intelligence and machine learning. Large language models rely on clean and accessible data.

“We partnered with MIT to talk to a bunch of our own CIOs, CDOs and leaders in data, as well as a bunch of other just industry leaders in data,” Brown said. “What we found was that 80% of them said AI is their top most important priority right now, and then 60% said that moving data and data infrastructure for AI was the hardest challenge that they were actually facing.”

With its release of a managed data lake service, Fivetran can give organizations more flexibility and privacy when it comes to their data, allowing them to more easily implement AI models on top.

“We now support loading [data] into Iceberg or into Delta, and the big difference is that we actually manage it all the way through,” Brown said. “You get the storage layer of a data warehouse within your own environment, your own cloud storage, but all managed by Fivetran.”

For healthcare companies such as Lyra Health, data ownership and privacy is especially crucial. With a data infrastructure that supports the platform’s AI model, the company can learn more about its customers’ preferences.

“Having our data in one place at scale, where we don’t have to think about limits of where it is in Snowflake, having it all in one place … opens up the ability to make our care better,” Suen said. “We really care about the outcomes of our patients, and having more of that data insights come from that data lake is going to be really valuable for us.”

Here’s the complete video interview, part of SiliconANGLE’s and theCUBE Research’s coverage of Data Cloud Summit:

(* Disclosure: Fivetran Inc. and Lyra Health Inc. sponsored this segment of theCUBE. Neither Fivetran, Lyra Health nor other sponsors have editorial control over content on theCUBE or SiliconANGLE.)

Photo: SiliconANGLE

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