IBM has hammered out a definitive agreement to acquire Vivisimo, a software provider to big business and enterprise analytics. The acquisition brings IBM enterprise customers a data management solution that facilitates understanding from a broad spectrum of data and that can be powerful in the decision making process. The integration power of Vivisimo software data solutions brings something new to IBM.
Arvind Krishna, general manager of Information Management at IBM Software Group comments on the acquisition of Vivisimo:
"Navigating big data to uncover the right information is a key challenge for all industries,"
"The winners in the era of big data will be those who unlock their information assets to drive innovation, make real-time decisions, and gain actionable insights to be more competitive."
Vivisimo, a privately held company based in Pittsburgh, Pennsylvania, bring almost a decade of data management and visualization experience to IBM with the deal. IBM has been expanding their data management systems for enterprise clients lately and operates on open source Apache Hadoop. Currently they are expanding that to run on other distributions of Hadoop, beginning with Cloudera .Cloudera is a top contributor to the Hadoop development community and provides of Hadoop-based systems to clients across a broad variety of industries including financial services, government, telecommunications, media, retail, energy and healthcare.
John Kealey, Chief Executive Officer at Vivisimo comments on the powerful new relationship with IBM:
"Businesses need a faster and more accurate way to discover and navigate big data for analysis"
"As part of IBM, we can bring clients the quickest and most accurate access to information necessary to drive growth initiatives that increase customer satisfaction, streamline processes, and boost sales."
Vivisimo bring with it over 140 customers in government, life sciences, manufacturing, electronics, consumer goods and financial services. They have worked with Noteworthy organizations like the US Air Force, the US Navy, the US Social Security Administration, LexisNexis, and Proctor&Gamble. They currently employ about 120 people who will become part of IBM's Software Division.