October 01, 2016 7:31 PM ET

Internet Software and Services

Company Overview of Altiscale, Inc.

Company Overview

Altiscale, Inc. provides purpose-built cloud services to run Apache Hadoop dial tone operations. The company was founded in 2011 and is based in Palo Alto, California. As of September 27, 2016, Altiscale Inc operates as a subsidiary of SAP SE.

395 Page Mill Road

Suite 150

Palo Alto, CA 94306

United States

Founded in 2011

Key Executives for Altiscale, Inc.

Altiscale, Inc. does not have any Key Executives recorded.

Altiscale, Inc. Key Developments

SAP Reportedly In Talks To Acquire Altiscale

SAP AG is in talks to acquire Altiscale, Inc for $125 million.

Altiscale, Inc. Introduces the Altiscale Insight Cloud Real-Time Edition

Altiscale, Inc. introduced the Altiscale Insight Cloud Real-Time Edition, a fully managed Big Data solution for real-time analytics. This solution helps enterprises gain immediate intelligence into and react rapidly to high-volume data streams. The Real-Time Edition broadens the Altiscale Insight Cloud self-service analytics solution by unifying real-time, interactive, and batch analytics into a single integrated package. With the proliferation of data-generating sensors and devices, real-time analytics has taken on greater significance and is used in numerous applications, including marketing recommendations, fraud detection, cybersecurity threat detection, and IT operational intelligence. In these and other instances, the Altiscale Insight Cloud Real-Time Edition powers dashboards, notifications, and pattern matching on real-time data. Enterprises gain visibility into key metrics, early warning of anomalous behavior, and opportunities to take action to positively impact business outcomes. The Altiscale Insight Cloud Real-Time Edition combines real-time data ingestion and analytics, backed by Apache HBase and Spark Streaming, with the existing capabilities of the Altiscale Insight Cloud. The solution is offered as a "concierge cloud." Altiscale fully integrates and provides full operational services for all components of the Altiscale Insight Cloud Real-Time Edition. This ensures a streamlined, easy user experience and makes it possible for any organization to benefit from real-time analytics, since they don't have to invest in additional operations headcount or overburden their existing IT team. The Altiscale Insight Cloud Real-Time Edition raises user productivity through the use of graphical tools that simplify the work of ingesting, transforming, and analyzing data. The solution features a web interface that controls both streaming and batch data ingestion, data modeling, and data aggregation for subsequent analysis. This allows data scientists and analysts to avoid time-consuming data engineering work and instead focus on obtaining useful insights.

Altiscale, Inc. Introduces New Solution, the Altiscale Insight Cloud, a Self-Service Analytics Solution for Big Data

Altiscale, Inc., introduced a new solution, the Altiscale Insight Cloud, a self-service analytics solution for Big Data. The Altiscale Insight Cloud supplies the critical missing bridge between Big Data and the business user -- a rapidly queried data lake that enables business analysts to get critical answers all by themselves, while using familiar business intelligence tools like Tableau and Microsoft Excel. The Altiscale Insight Cloud powers interactive SQL queries, dynamic visualizations, real-time dashboards, and other reporting and analytics capabilities. As a high-performance, self-service analytics solution, the Altiscale Insight Cloud replaces more complex, expensive alternatives that require heavy IT involvement, allowing Big Data to be harnessed more broadly and quickly throughout the organization and improving the speed and size of business impact. For the typical enterprise, providing access to Big Data for business analysts is complex, slow, and expensive. It often involves significant IT time and resources, as well as the use of pricey proprietary solutions that are not necessarily the fastest medium between Big Data and the data visualization applications. As a solution that simplifies the connection between Big Data and the end user, as well as bypasses the need for expensive, proprietary solutions, the Altiscale Insight Cloud makes it fast and easy for business analysts to benefit from the rich, detailed data held in the Hadoop data lake.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
September 27, 2016
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