TIBCO Snaps Up SnappyData Data Platform

TIBCO Software has announced its acquisition of SnappyData, a provider of a Spark-based data platform.

The acquisition enhances the TIBCO Connected Intelligence platform and provides a unified analytics data fabric for streaming, data science, analytics and data management for a variety of use cases that need speed, agility and volume.

Customers will use a single, unified system to contain streaming, transactional, and interactive analytics. Users will gain improved insights, lower ownership costs, and simpler administration with scalable performance up to 20X faster than native Apache Spark.

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“SnappyData complements the TIBCO Connected Intelligence platform, providing improved performance and increased agility for intelligence at scale,” said Matt Quinn, TIBCO CTO. “This acquisition aligns with our long-standing commitment to continued innovation and delivering the best possible solutions for our customers and partners. Together, TIBCO and SnappyData provide the ultimate data management platform, making the TIBCO Connected Intelligence platform one of the best solutions for driving real-time insights, such as predictive maintenance, anomaly detection, and more.”

Benefits

Key benefits that the companies’ integration provide include:

• Visual analytics: Leverage Apache Spark with better data refresh intervals, faster query times, and increased productivity
• Data science: Offers a high-speed, highly scalable in-memory data store to explore new, larger data sets
• Streaming analytics: Provides data engineers and data scientists with a high-performance historical store
• DataOps: Orchestrates and streamlines analytics data pipeline management

“SnappyData and the TIBCO platform will collectively offer customers simplified, agile, live analytics on data in motion and at rest, propelling them in their digital business initiatives,” said Richard Lamb, co-founder, and president, SnappyData. “This technology delivers a high-performance analytics data fabric that gives users larger data sets and improved agility, all with a lower total cost of ownership. We’re excited to team up to bring CIOs, enterprise architects, data engineering teams, business analysts and data science teams even more value with the new capabilities of the TIBCO Connected Intelligence platform.”

This acquisition makes TIBCO 100% compatible with the Apache Spark open source ecosystem.