PALO ALTO, Calif., Sept. 4, 2019 /PRNewswire/ -- Cloudera
(NYSE: CLDR), the enterprise data cloud company, today announced
that it has agreed to acquire certain assets of 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being unable to act, or acting on outdated information," said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.
About Cloudera
At Cloudera, we believe that data can make what is impossible
today, possible tomorrow. We empower people to transform complex
data into clear and actionable insights. Cloudera delivers an
enterprise data cloud for any data, anywhere, from the Edge to AI.
Powered by the relentless innovation of the open source community,
Cloudera advances digital transformation for the world's largest
enterprises. Learn more at Cloudera.com.
Cloudera and associated marks are trademarks or registered
trademarks of Cloudera, Inc. All other company and product names
may be trademarks of their respective owners.
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SOURCE Cloudera, Inc.