TEL AVIV, Israel and NEW YORK, December 15, 2021 / PRNewswire / – SQream Technologies (https://sqream.com/), the leading GPU-based data analytics platform, today announced the acquisition of Panoply (www.panoply.io), a code-less cloud data platform, to extend its cloud offering. Together, the companies will become the leader in future-ready data analytics platforms, delivering the industry’s most scalable and easy-to-use hybrid data platform and powering large-scale hybrid environments ( cloud, edge and on-premise).
SQream will leverage its portfolio of SaaS cloud offerings to provide business leaders with the ability to generate insights from any data environment, so they can innovate faster, increase revenue, and reduce risks in their digital transformation process. Panoply’s code-free ELT and data warehouse management services will be integrated with SQream’s rapid hybrid analytics platform. This will simplify the transition for companies looking to transform their on-premises data environments into full hybrid or cloud environments and allow cloud-centric businesses to adapt easily as their data needs evolve.
Panoply will add hundreds of clients to SQream’s lucrative corporate client base, and all of its employees will join SQream to build a team of over 160 people with an ambitious growth plan to expand into all areas, sales and marketing. to engineering, in order to meet the demand for the company’s services. SQream’s exponential growth is expected to accelerate even further with Panoply, providing increased support and product development for more customers.
Friend Gal, co-founder and CEO of SQream said: “This is an important step towards implementing SQream’s vision of providing our customers with the industry’s fastest data analytics platform, at any scale of data for customers. businesses of many sizes and in any environment – Cloud, On Prem and On the Edge. With the Acquisition of Panoply, we combine SQream’s cutting-edge, GPU-powered technology with the phenomenal ease of use of Panoply and seamless integration and integration. This is an important step in our journey to provide the world with the new category of analytics platform that is ready for the data challenges of tomorrow. I am excited to ‘welcome Yaniv and the Panoply team to the SQream family as we join forces to forge a world-class data analytics talent pool. I am confident that the synergy between the two companies, technologies, founders and teams, will bring u Great value to our clients as well as professional and personal development opportunities for the Panoply and SQream teams. “
Yaniv Leven, Co-founder and CEO of Panoply noted: “Since our inception, we’ve taken a different approach to cloud analytics. We’ve made it our mission to transform the goal of cloud architecture from data-centric to information-centric, focusing on the insights you can derive from your data, rather than just the technical process of moving and storing. SQream’s focus on generating rapid data insights echoes this mission. The synergy between SQream and Panoply holds great promise for data professionals as it extends Panoply’s reach to a wider audience and delivers the benefits of Panoply automation, without code and simplicity for increasingly large organizations. “
SQream provides an analytics platform that minimizes Total Information Access Time (TTTI) for time-sensitive data at any scale, in the cloud, on-premises and at the edge. Built for the new category of data at terra-to-peta scale, the GPU-powered platform enables businesses to quickly ingest and analyze their growing data, delivering comprehensive visibility for improved customer experience, operational efficiency , increased and previously unobtainable income. business prospects. SQream enjoys the trust of a growing number of leading global companies.
More information is available at SQream.com
SQream on social networks
Panoply is a code-free cloud data platform that makes it easy to sync, store, and access your data. Panoply’s easy-to-use, low-maintenance solution unlocks sophisticated analytics without complex data engineering. Key features of the Panoply platform include: code-free data integrations for seamless synchronization; Automated configuration of the data warehouse; Connections to all major BI and analytics tools; Industry-leading integration and support.
For more information visit panoply.io
Panoply on social networks
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