The partnership will provide telecoms and IIoT users with AI and real-time analytics all the way to the edge.
AI-based analytics company Guavus has acquired real-time streaming analytics company SQLstream. The acquisition will help Guavus expand its analytics offerings and provide communications service providers (CSPs) and Industrial Internet of Things (IIoT) customers with real-time cloud-enabled streaming analytics at the edge.
SQLstream is the creator of the Blaze suite of high performance and low cost and latency edge data collection products. The company’s products are used for real-time price optimization, traffic management, quality assurance, smart city, and data quality assessment for IoT devices and their customers include Cisco, Amazon Web Services and Walmart. Amazon licenses the SQLstream technology for use with its own AWS Kinesis Data Analytics.
“With our integrated solutions, CSPs to IIoT customers will be able to take advantage of something that’s radically different as we deliver AI-powered analytics from the network edge to the network core. With this solution, our customers can now analyze their operational, customer, and business data anywhere in the network in real time, without manual intervention, so they can make better decisions, provide smarter new services, and reduce their costs,” said Guavus CEO, Faizel Lakhani.“In a world facing exponential growth in the volume of data coming from increasingly connected network devices and IIoT-based sensors, the inclusion of SQLstream’s industry-leading technology opens up huge new opportunities for our customers and our partners. We’re excited to have the SQLstream team onboard.”
SQLstream’s offerings can analyze, filter and aggregate data at the edge in real-time and send that data to the network core, where the Guavus Reflex platform can apply AI-powered analytics for a scalable architecture with lower costs and higher performance. Terms of the transaction were not disclosed.