Hewlett Packard Enterprise (HPE) has announced to acquire BlueData, a provider of software that transforms how enterprises deploy artificial intelligence (AI) and big data analytics, expanding HPE’s offerings in these rapidly growing markets.
As the volume of data continues to grow exponentially, companies would increasingly be investing in the hardware, software, and services needed to gain actionable insights from it. By 2022, the total addressable market for artificial intelligence/machine learning (AI/ML) and big data is expected to grow to approximately $160 billion.
Founded in 2012, BlueData is a privately-held company headquartered in Santa Clara. BlueData’s software platform uses container technology to make it “simpler and more cost-effective” to deploy large-scale machine learning and big data analytics environments. The financial terms of the acquisition were not disclosed.
“BlueData has developed an innovative and effective solution to address the pain points all companies face when contemplating, implementing, and deploying AI/ML and big data analytics,” said Milan Shetti, SVP and GM, Storage and Big Data Global Business Unit at HPE. “Adding BlueData’s complementary software platform to HPE’s market-leading Apollo Systems and professional services is consistent with HPE’s data-first strategy and enables our customers to extract insights from data – whether on-premises, in the cloud, or in a hybrid architecture.”
Software Defined Infrastructure
By “seamlessly” combining BlueData’s software platform with HPE’s existing software-defined infrastructure, HPE can help customers accelerate their digital transformation by providing an “all-encompassing and easy-to-implement” solution for AI/ML and big data analytics. With this container-based solution, customers would be enabled to improve agility for their data science teams and potentially reduce their infrastructure costs significantly.
“Growth in the volume and the types of data in the market continues to accelerate, as does the demand for a fast, easy, and unified consumption experience for AI and big data analytics,” said Kumar Sreekanti, Co-founder and CEO of BlueData. “From our perspective, data is fuel, and BlueData’s software is the engine that helps businesses consume their data and deliver insights in the most effective and efficient way. We’ve had tremendous customer success by providing a turn-key solution that delivers an as-a-service experience for AI and big data, and are excited to reach even more customers as part of HPE.”