The acquisition will enhance the TIBCO Connected Intelligence platform for analytics, data science, streaming, and data management.
The acquisition will enhance the TIBCO Connected Intelligence platform and provide a unified analytics data fabric for streaming, data science, anal
The company says their customers will be able to contain streaming, transactional and interactive analytics in a single unified system that provides improved insights, low cost of ownership and simplified administration, with performance that is up to 20X faster than native Apache Spark while still being scalable.
“SnappyData complements the TIBCO Connected Intelligence platform, providing improved performance and increased agility for intelligence at scale,” said Matt Quinn, chief operating officer, TIBCO. “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.”
According to the company, key benefits of the integration of the SnappyData platform and Connected Intelligence platform include:
- Visual analytics: Empowers business analysts to leverage Apache Spark with better data refresh intervals, faster query times, and increased productivity;
- Data science: Enables data scientists with 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; and
- DataOps: Orchestrates and streamlines management of analytics data pipelines.
“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.