Palo Alto, CA-based Cloudera announced on September 4 that it has
agreed to acquire certain assets of Campbell, CA-based Arcadia Data, a provider of cloud-native AI-powered
business intelligence and real-time analytics. Arcadia Data’s architecture
delivers faster and deeper insights from modern data platforms like cloud
object stores, Apache Kafka and Apache Hadoop. Arcadia’s patent-pending
ArcEngine technology enables enterprises to generate insights in use cases like
data lakes, cybersecurity, IoT and customer intelligence. Cloudera and Arcadia
Data together will accelerate time-to-insight for Cloudera customers, and drive
the future of the enterprise data cloud for businesses that need to solve
complex data management and analytic use cases.
To succeed, businesses must transform
complex data into clear and actionable insights. With Arcadia’s ArcEngine
technology, Cloudera’s Data Warehouse will dramatically increase the
productivity of business users through enhanced self-service access to data and
improved analytics response times. Global enterprises will benefit from greatly
improved data access times without any increase in administration costs.
“As data becomes more complex and
varied from an increasing number of sources across private and public clouds,
IT organizations must optimize data access or risk business users being unable
to act, or acting on outdated information,” said Anupam Singh, chief customer
officer at Cloudera. “It’s essential for business users to have access to the
data they need, when they need it, and the addition of Arcadia Data’s
technology and expertise will accelerate insights for our customers.”
Arcadia’s ArcEngine technology uses
machine learning to anticipate and pre-compute common queries and reports. For
business users, this means faster self-serve reporting, cutting many workflows
from weeks down to hours. Many Arcadia Data customers will continue to use the
technology in its current form. In upcoming releases, we expect that the
technology will be merged into Cloudera Data Warehouse.
“Arcadia Data and Cloudera have many
joint customers, and integrating our technology into Cloudera’s platform will
make it even easier for enterprises to receive the insights they need to drive
intelligent business decisions,” said Sushil Thomas, CEO at Arcadia Data. “Our
joint expertise with Cloudera will benefit customers and foster enhanced
innovation, as end users will be able to act on data insights more quickly than
ever before.”
We expect that the entire Arcadia Data organization will join Cloudera. Arcadia Data’s founding team has a rich heritage of data analytics experience having worked at companies such as Aster Data, Teradata, 3PAR and IBM. Terms of the deal were not disclosed.
Source: Cloudera
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