Logi Analytics acquires Zoomdata, extending market leadership in embedded analytics
This is the second acquisition announced by Logi this year
Leading embedded analytics development platform, Logi Analytics, has officially announced their acquisition of Zoomdata, allowing application teams to now embed analytics with patented technology for big data and live streaming data. This is the second acquisition announced by Logi this year, with the first being JReport for pixel-perfect operational reporting.
Zoomdata is behind the world’s fastest big data exploration, visualization and analytics platform which is also highly adaptable, elastically scalable, and easily deployed in the cloud, on-prem, and embedded in other applications. Their unique and patented streaming technology allows real-time visibility into data that is too big to move and data that changes frequently, which are common challenges for Internet of Things (IoT), cybersecurity, financial risk and fraud, customer insight, hospital patient care, and telco network performance applications.
“The nature of data is changing,” said Steven Schneider, CEO of Logi. “It’s growing bigger, faster, and is increasingly being managed in the next generation of data systems like Cloudera Data Platform (CDP), Elasticsearch, Google BigQuery, MongoDB, and Snowflake Cloud Data Warehouse. At Logi, our vision is to help application teams create smarter software. And with Zoomdata, product managers and developers have native access to cloud data warehouses, big data, and streaming data, plus an expert global partner network.”
CEO of Zoomdata, Nick Halsey, also adds, “By joining forces with Logi, our groundbreaking analytics software will be embedded in more applications. Many more people will be able to analyze data in seconds, even across tens of billions of rows, within the applications they use all day, every day.”
The terms of the transaction have not been disclosed, however, this acquisition now solidifies Logi’s position as the leader in embedded analytics offering the richest suite of capabilities and a global partner network.
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