Magic Software Enterprises’ IoT Integration Solution Powered by GigaSpaces InsightEdge
July 11 2017 - 9:30AM
Business Wire
Magic xpi Uses InsightEdge for Fast Data
Streaming, Aggregation with Predictive Analytics Engines in
Zero-Downtime Environment
GigaSpaces, a provider of in-memory computing (IMC)
technologies, is powering the IoT integration solutions for Magic
Software Enterprises, a global provider of integration software and
a broad range of software and IT services. Magic is utilizing
GigaSpaces’ InsightEdge platform to turn data from sensors into
real-time actionable insights as part of its integration solution,
Magic xpi.
With 20.8B connected things expected to be in use worldwide by
2020, IoT offers huge potential for many industries including
manufacturing, transportation, healthcare, security and more.
Collecting, aggregating and analyzing this massive amount of data
is imperative for enterprises looking to act on real-time
insights.
InsightEdge, a fast data in-memory computing platform that
converges analytical and transactional workloads in a unified
open-source based software stack, streams and transforms IoT sensor
data, which is operationalized through Magic xpi’s integration and
intelligence engine.
Magic Software’s IoT integration solution together with
InsightEdge can be leveraged for many IoT scenarios, such as
predictive maintenance, anomaly detection and service optimization
where telemetry is ingested, correlated and merged. The data is
then transferred to Magic xpi as the orchestrator of the process
for prediction and any additional required actions. The solution
predicts equipment failure to ensure business continuity and
optimized operations.
“Our system integration platform that has optimized business
processes and evolved over the last 15 years has now become an IoT
Hub, equipped with GigaSpaces’ latest product, InsightEdge,” said
Yuval Lavi, Vice President of Technology & Innovation with
Magic Software. “GigaSpaces enables our customers to simplify and
accelerate telemetry ingestion, to gain full business value from
IoT adoption.”
This is not the first collaboration between Magic and
GigaSpaces. Magic has been using GigaSpaces’ XAP In-memory
computing platform for years to deliver fast data streaming,
aggregation and calculations. “Magic has continually built and
delivered exceptional solutions for their customers, and their
newest IoT integration solution is addressing a compelling
requirement to manage and analyze IoT data,” said Ali Hodroj, VP of
Products and Strategy for GigaSpaces. “With Magic’s latest
solutions, we are enabling IoT applications to scale through open
source components in the center, edge and cloud while combining
hybrid transactional/analytical processing (HTAP).”
For more information, Magic and GigaSpaces will be hosting a
joint webinar.Read more at the company’s blog:
blog.gigaspaces.com
About GigaSpacesGigaSpaces provides software for
in-memory computing, fast data analytics, and cloud orchestration
through two product lines, InsightEdge and XAP In-Memory Computing.
Hundreds of Tier-1 and Fortune-listed organizations worldwide
leverage GigaSpaces technology to empower the real-time digital
enterprise and accelerate digital transformation. Primary sectors
include financial services, retail, transportation, telecom, and
healthcare. GigaSpaces offices are located in the US, Europe and
Asia. More at www.gigaspaces.com and blog.gigaspaces.com.
About Magic Software EnterprisesMagic Software
Enterprises (NASDAQ: MGIC) empowers customers and partners around
the globe with smarter technology that provides a multichannel user
experience of enterprise logic and data.
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version on businesswire.com: http://www.businesswire.com/news/home/20170711005383/en/
Fusion PR for GigaSpacesKayla Perkins,
646-452-7111kayla.perkins@fusionpr.com
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