TIBCO Buys SnappyData
March 8, 2019
The acquisition will complement the TIBCO Connected Intelligence platform with a unified analytics data fabric that enhances analytics, data science, streaming, and data management for various use cases requiring speed, volume, and agility. Customers will benefit from enabling streaming, transactional, and interactive analytics in a single unifying system, delivering faster insights from high volumes, while maintaining a low total cost of ownership due to performance and ease of administration. The result is increased performance that is up to twenty times faster than native Apache Spark, while scaling to support large Apache Spark-compatible stores.
Terms were not disclosed.
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
"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."