HYPER-CONVERGED INFRASTRUCTURE, DATA STORAGE, IT SYSTEMS MANAGEMENT
Kyndryl | September 23, 2022
Kyndryl, the world’s largest IT infrastructure services provider, and Elastic (NYSE: ESTC), the company behind Elasticsearch, today announced an expanded global partnership to provide customers full-stack observability, enabling them to accelerate their ability to search, analyze and act on machine data (IT data and business data) stored across hybrid cloud, multi-cloud and edge computing environments.
Under the partnership, Kyndryl and Elastic will collaborate on creating joint solutions and delivery capabilities designed to provide deep, frictionless observability at all levels of applications, services, and infrastructure to address customer data, analytics and IT operations management challenges.
The companies will focus on delivering large-scale IT operations and AIOps capabilities to joint customers by leveraging Kyndryl’s data framework and toolkits and Elastic’s Enterprise Search, Observability, and Security solutions, enabling streamlined migrations, modernized infrastructure and tenant management, and AI development for efficient and proactive IT management.
As part of the partnership, Kyndryl and Elastic plan to collaborate to support customer needs and requirements via joint offerings and solutions across the following areas:
IT Data Modernization – Helping organizations manage exponential storage growth and giving them the capability to search for data wherever it resides.
IT Data Management Services for Elastic – Providing flexibility to users of Elastic by letting Kyndryl manage the entire stack infrastructure and analytics workloads for IT operations.
Intelligent IT Analytics – Enabling actionable observability through AI/ML capabilities that deliver unified insights for proactive and efficient IT operations with technology domain-specific insights.
Data Migration Services for Elastic – Delivering the capability to streamline migrations and deploy self-managed Elastic workloads to the hyperscalers of a customer’s choice.
Kyndryl’s global team of data management experts will also participate in the global Elastic certification program to expand their expertise in advising, implementing and managing Elastic solutions across critical IT projects and environments.
“Customers in all industries are seeking to improve their capacity to search and analyze the data stored in the cloud and on edge computing environments. “We are happy to partner with Elastic to create and bring forward a unified approach that will help customers overcome hurdles and improve their ability to access and gain insights at scale from their business data.”
Nicolas Sekkaki, Applications, Data & AI global practice leader for Kyndryl
“Enabling customers to gain actionable insights from their data is a key enabler of data-driven digital transformation,” said Scott Musson, Vice President, Worldwide Channel and Alliances at Elastic. “The combination of Kyndryl’s global expertise in managing mission-critical information systems and the proven scale and flexibility of the Elastic Search Platform provides the critical foundation to help organizations drive speed, scale, and productivity, and address their observability needs across hybrid cloud, multi-cloud and edge computing environments.”
For more information about the Kyndryl and Elastic partnership, please visit: https://www.kyndryl.com/us/en/about-us/alliances
About Kyndryl
Kyndryl is the world’s largest IT infrastructure services provider serving thousands of enterprise customers in more than 60 countries. The Company designs, builds, manages and modernizes the complex, mission-critical information systems that the world depends on every day.
About Elastic
Elastic is a leading platform for search-powered solutions. We help organizations, their employees, and their customers accelerate the results that matter. With solutions in Enterprise Search, Observability, and Security, we enhance customer and employee search experiences, keep mission-critical applications running smoothly, and protect against cyber threats. Delivered wherever data lives, in one cloud, across multiple clouds, or on-premise, Elastic enables 18,000+ customers and more than half of the Fortune 500, to achieve new levels of success at scale and on a single platform.
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HYPER-CONVERGED INFRASTRUCTURE, APPLICATION INFRASTRUCTURE, IT SYSTEMS MANAGEMENT
Fluree | September 22, 2022
Fluree, a company headquartered in Winston-Salem, North Carolina, which has developed a distributed ledger graph database platform, and New Jersey-based ZettaLabs, a business that uses artificial intelligence and machine learning to prepare raw data for analytics use, today announced the merger of the two companies.
The combination of Fluree and ZettaLabs will enable Fluree to expand its offerings beyond its established expertise of working with “green-field,” new data-centric initiatives that encompass bleeding-edge innovation. With ZettaLabs now part of Fluree, the company possesses the prowess to tackle enterprise legacy data architectures and take the first steps toward modernization. All ZettaLabs employees will integrate into the Fluree ecosystem, bringing Fluree’s total headcount to 50.
“At Fluree, we are building the data infrastructure for the future,” said Brian Platz, Fluree co-founder and CEO. “While many of our customers enjoy the unique benefits of our semantic graph distributed ledger database technology, we recognize that organizations first need a way out of their entrenched silos in order to build their end-goal infrastructures. Dealing with legacy infrastructure is one of the biggest challenges for modern businesses, but nearly 74% of organizations are failing to complete legacy data migration projects today due to inefficient tooling and a lack of interoperability. By adding the ZettaLabs team and product suite to our own, Fluree is poised to help organizations on their data infrastructure transformation journeys by uniquely addressing all major aspects of migration and integration: security, governance and semantic interoperability.”
ZettaSense has been rebranded as Fluree Sense. The data pipeline that uses AI and machine learning, as well as ontologies, to normalize, cleanse and harmonize data from disparate data sources that need to be integrated in a way that eliminates any requirement for additional data governance, master data management or data quality software. Fluree Sense makes data in existing legacy databases, data warehouses and data lakes ready for downstream enterprise consumption and sharing, whether in analytic repositories like Snowflake or Databricks, or Fluree’s immutable knowledge graph database.
“We developed our flagship product, ZettaSense, to ingest, classify, resolve and cleanse big data coming from a variety of sources. who will become Fluree’s president. “The problem is that the underlying data technical architecture -- with multiple operational data stores, warehouses and lakes, now spreading out across multiple clouds -- is continuing to grow in complexity. Now with Fluree, our shared customer base and any new customers can evolve to a modern and elegant data-centric infrastructure that will allow them to more efficiently and effectively share cleansed data both inside and outside its organizational borders."
Eliud Polanco, co-founder and CEO of ZettaLabs
The merger, the first in Fluree’s history, makes Fluree a go-to company for roughly 90% of businesses hindered by legacy infrastructure and database systems that do not have the toolset or talent to undergo an effective transformation. It also augments Fluree’s customer base, which now includes large, enterprise financial-services customers.
Use cases for Fluree Sense include:
Legacy data migrations that cleanse and harmonize data from multiple sources to enable migration from a legacy enterprise business platform to a target digital platform;
Customer data integrations that integrate customer, account, product and transaction data from across multiple data sources into a single golden 360-degree customer record;
Consent management that enables active customer consent and control of how data is shared across products, regions and business functions within an organization; and,
Cross-border data residency that allows secure sharing of information across borders adhering to the various national data-privacy regulations using multi-party computation.
“We don’t have a lack of data today — we have a lack of high-quality data,” said Peter Serenita, retired Chief Data Officer and current chairman of the New York City-headquartered nonprofit organization Enterprise Data Management Council. “This is why it is essential for enterprises to take a data-centric approach to their modernization initiatives in order to truly transform their legacy infrastructure and eliminate their data silos for good. Joining forces with the ZettaLabs team and product will allow Fluree to continue its mission of turning big data into better data for sustainable business outcomes.”
While Fluree currently serves the existing enterprise data management market as an innovative database solution, it is mostly for new data projects that have identified a specific requirement for data trust, integrity, sharing or security. The merger with ZettaLabs enables Fluree to provide value to all enterprise data teams looking to get a handle on their legacy infrastructure and modernize their platforms to satisfy increasingly complex business goals. Fluree now has a full spectrum of data management capabilities for organizations — from the first step of integrating and migrating legacy system data infrastructure with ZettaLabs’ technology to building modernized operational and analytical data infrastructure atop Fluree’s database system.
“Fluree’s merger with ZettaLabs is directly in line with Fluree’s vision to deliver data-centric capabilities to modernize enterprise data abilities,” said Dan Malven, managing director of 4490 Ventures, a Madison-based venture capital firm and Fluree lead investor. “Enterprises seeking data-centric architectures now not only have a landing place with Fluree’s core ledger graph database technology, but also now a starting point for their legacy infrastructure to onboard their data management into data centricity.”
About Fluree
Co-founded in 2016 by CEO Brian Platz and Executive Chairman Flip Filipowski, Fluree PBC is headquartered in Winston-Salem, North Carolina. Fluree is pioneering a data-first technology approach with its data management platform. It guarantees data integrity, facilitates secure data sharing and powers data-driven insights. The Fluree platform organizes blockchain-secured data in a scalable semantic graph database — establishing a foundational layer of trusted data for connected and secure data ecosystems. The company’s foundation is a set of W3C semantic web standards that facilitate trusted data interoperability. Fluree currently employs 50.
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HYPER-CONVERGED INFRASTRUCTURE, APPLICATION INFRASTRUCTURE
Zesty | September 14, 2022
Zesty, a pioneer in dynamic cloud infrastructure solutions, today announced a $75 million Series B funding round led by B Capital and Series A investor Sapphire Ventures. Previous investors Next47 and S-Capital also participated in the round. Zesty has raised $116 million in total since its founding in 2019. Zesty's customer base has grown by 127% from 2021 to 2022 and the company has tripled its revenue since its Series A last year.
The static nature of cloud infrastructure today encumbers DevOps with the burdensome task of managing cloud resources in a constantly shifting business environment. DevOps teams burn countless hours trying to make predictions and manual adjustments to ensure their infrastructure efficiently meets application demand. Budgets are further strained as cloud infrastructure spend is expected to hit over $90 billion in 2022 – 22% more than in 2021.
Zesty's solutions spearhead the evolutionary transition to dynamic cloud infrastructure by automatically adapting compute and storage to meet real-time business needs. As a result, businesses can finally fulfill the promise of the cloud by gaining the flexibility they need to scale up or down. This allows DevOps teams to significantly reduce cloud costs, maintain optimal app performance, and alleviate the stress of managing static infrastructure. Zesty's solutions require zero human input – so engineers no longer waste time monitoring, measuring, predicting, and adjusting resource allocations, and can instead focus on developing new products and features.
"The cloud has become the foundation for critical functions for countless companies, but more often than not, DevOps teams are stuck with static infrastructure, like discount program commitments or allocated storage volumes that waste time and money. "This situation is no longer tenable in today's volatile economic environment, or any environment for that matter. DevOps teams shouldn't be wasting their time babysitting the cloud. That's why we're excited to help companies save significant resources, both financial and human. This investment will help us grow our team and further develop our products to meet the exploding demand for greater cloud flexibility."
Maxim Melamedov, CEO and co-founder of Zesty
Zesty's suite of products are designed with DevOps teams in mind, providing the first automated solutions for resource optimization tasks that are traditionally manual and labor intensive.
Their customer base includes hundreds of international companies – including Heap, Gong, Yotpo, Monday, and Wiz.
"Despite its enormous value and scalability, the cloud still lacks flexibility and that's holding DevOps back," said Rashmi Gopinath, General Partner at B Capital. "Teams are forced to make impossible predictions regarding future infrastructure needs, which leads to wasted money and is a huge drag on DevOps productivity. Dynamic cloud infrastructure is the game-changer so many businesses have been waiting for, and we're excited to be part of this cloud revolution."
"Cloud computing continues to hold huge potential and promise for companies of all sizes and at all stages of the cloud adoption journey," said Casber Wang, Partner at Sapphire Ventures and Zesty board member. "But that promise comes at a high associated cost: management intricacy, cloud waste, margin erosion, imprecise budgeting, and much more. Cloud needs have always been dynamic, and with Zesty's differentiated optimization platform, companies can now see the ROI and stop making such a trade-off, programmatically."
About Zesty
Zesty helps organizations adapt to changing business needs by making their cloud infrastructure more dynamic. With offerings for compute, block storage, and Kubernetes, Zesty automatically scales resources to meet application demands in real-time. This helps DevOps teams to slash cloud costs, maintain perfect app performance, minimize the hassle of managing infra and fully realize the true flexibility of the cloud.
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