BIG VALUE FROM BIG DATA: TWO ANALYTIC POWERHOUSES JOIN FORCESMay 1, 2013 No Comments
PALO ALTO, Calif., May 1, 2013 – TIBCO Software (NASDAQ: TIBX), one of the world’s leading providers of analytics and event processing software, and Teradata (NYSE: TDC), a leading provider of enterprise analytic solutions, today announced TIBCO Spotfire® event analytics as a key component of the Teradata Unified Data Architecture™ (UDA). This inclusion of TIBCO real-time event processing and analytics will enable some of the world’s largest enterprises to capture the full value of big data by simultaneously analyzing historical data (data at rest) and real-time events (data in motion). The Unified Data Architecture combines powerful technologies to provide closed-loop processing of big data by facilitating the collection, analysis, and modeling of real-time event streams. The insights extracted from the architecture enables business leaders to anticipate future events and take immediate automated action, providing them with the two-second advantage®.
The value of the Teradata UDA to customers is the ability to leverage the tight integration of Teradata data warehousing, Teradata Aster discovery platforms, and Apache™ Hadoop. This workload-specific architecture enables business users to gain competitive advantage through deeper insights from any data source. Now, combined with the TIBCO Spotfire® analytics platform, data scientists and business analysts can harness the best-in-class analytic capabilities of the Teradata and Teradata Aster engines and convert their discoveries into a guided operational application for line-of-business decision-makers.
The addition the TIBCO Spotfire event analytics and statistical engines to the Teradata Unified Data Architecture provides:
1. Intelligent filtering of enormous streams of event data before it is captured in Hadoop or other systems such as Teradata or Teradata Aster
2. Iterative visual data discovery and model creation within the Teradata Aster discovery platform, tightly integrating with the unique SQL-MapReduce® framework and pre-packaged analytic modules for fast, interactive analytics and insights
3. Integrated view of the business from sales and profitability through to customer social interaction data through visual analysis integrated directly with the Teradata integrated data warehouse
4. Predictive analytic models deployed to the line of business as guided analytic applications
5. Automation of immediate actions based on the results of event analysis through complex event processing
6. Continuous testing and refinement of actions and decisions through ongoing analysis of results captured in Teradata
“Teradata and TIBCO work with hundreds of the same customers, many of which have expressed the need for real-time stream processing within the Teradata UDA,” said Peter Lee, senior vice president, TIBCO. “Our extended partnership with Teradata is fulfilling CIOs’ long-time vision of a real-time analysis solution for big data. Not only can enterprises realize value with data discovery and analytics but now they are able to anticipate what will happen next and can act in real-time as new events stream in – truly delivering a two-second advantage.”
“By integrating TIBCO’s real-time stream and event processing engine within Teradata UDA, companies can put their new insights into action across the business for faster response to threats and opportunities,” said Chris Twogood, vice president, product and service marketing, Teradata. “Companies that create competitive advantage from data are continuously testing and refining the analytics which drive their business. By providing a best-of-breed analytic architecture together with TIBCO, Teradata gives customers the edge they need to outsmart their competitors.”
To learn more about this game-changing partnership, please visit Teradata and TIBCO at the 2013 International Big Analytics Roadshow, which kicks off May 1, 2013, in San Francisco, and continues in June and July in Atlanta and London. At the event, Teradata’s Mayank Bawa will speak on “Simplifying Big Data Analytics for the Business,” and Peter Lee, senior vice president, TIBCO will speak on “Acting on Big Data While It Still Has Value”. For a detailed agenda and more event information follow @Big_Analytics or #BARS13 on Twitter or visit: http://www.biganalytics2013.com/
TIBCO and Teradata will also be sponsoring the Gartner Customer 360 Summit, May 1-3, 2013 in San Diego, Calif. Stop by for more information on the partnership.
TIBCO Software Inc. (NASDAQ: TIBX) is a provider of infrastructure software for companies to use on-premise or as part of cloud computing environments. Whether it’s efficient claims or trade processing, cross-selling products based on real-time customer behavior, or averting a crisis before it happens, TIBCO provides companies the two-second advantage® – the ability to capture the right information, at the right time and act on it preemptively for a competitive advantage. More than 4,000 customers worldwide rely on TIBCO to manage information, decisions, processes, and applications in real-time. TIBCO Spotfire is the company’s in-memory analytics software for next-generation business intelligence. By offering a visual, interactive experience, Spotfire helps professionals quickly discover new and actionable insights in information. Learn more at http://spotfire.tibco.com or by following @TIBCOSpotfire.
DATA and ANALYTICS , News