Cloudera has agreed to acquire certain assets of Arcadia Data, a provider of cloud-native AI-powered business intelligence and real-time analytics.
According to Cloudera, the addition of Arcadia Data will help to 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.
Arcadia’s patent-pending ArcEngine technology enables enterprises to generate insights in use cases including data lakes, cybersecurity, IoT and customer intelligence. With the ArcEngine technology, Cloudera’s Data Warehouse will 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and public clouds, IT organizations must optimize data access or risk business users being unable to act, or acting on outdated information,” said Anupam Singh, chief customer officer at Cloudera.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, Cloudera expects that the technology will be merged into Cloudera Data Warehouse.
Cloudera said it expects that the Arcadia Data organization will join Cloudera. Terms of the deal were not disclosed.
For more information, go to www.cloudera.com.