KX, a worldwide leader in real-time streaming analytics, is partnering with Databricks, the data and AI company, to drive business value by unifying all data, analytics, and artificial intelligence (AI) to accelerate the growth of ultra-real-time analytics.
The partnership combines the power of Databricks’ Lakehouse Platform with KX’s low latency streaming analytics, time-series, and edge compute capabilities to jointly address market demand for real-time actionable insights, driven by the explosion of sensors and the accelerated digital transformation of all industry sectors.
As a result of the partnership, enterprises in sectors such as manufacturing, automotive, telecommunications, and energy and utilities will have the ability to make ‘in the moment’ decisions for the automation and optimization of critical processes including the detection and automated correction of faults and the ability to run what-if analytics and machine learning-based models for sub-second decision-making, according to the vendors.
“Databricks is a leader in the field of data science, and the integration with KX helps marry data science with actionable continuous intelligence to reduce time-to-insight and time-to-value,” said Gerry Buggy, chief strategy officer at KX. “This partnership will provide even greater value to our existing financial services customers while bringing our world class streaming analytics technology to new industry sectors.”
The KX Streaming Analytics platform—built on kdb+, a time series database—empowers organizations to implement a process of continuous actionable intelligence where built-in machine learning and complex event processing allow quick decision-making and proactive automated actions.
Databricks’ Lakehouse Platform helps organizations accelerate innovation by unifying data teams with an open, scalable platform for all of their data-driven use cases.
From streaming analytics and AI to business intelligence (BI), Databricks provides a modern lakehouse architecture that unifies data engineering, data science, machine learning and analytics within a single collaborative platform.
“Databricks provides the data foundation to store and manage all data, analytics and AI in one common lakehouse platform,” said Pankaj Duggar, vice president of product partnerships at Databricks. “The partnership with KX helps customers bring real-time streaming data to Databricks for faster time to value on streaming analytics use cases.”
For more information about this partnership, visit https://kx.com/ or www.databricks.com.