Concurrent and Alluxio Team to Provide Scalable Data Analytics at Memory Speed
(Thomson Reuters ONE) -
Partnership Expands Concurrent Market Opportunity into Storage for Analytics
ATLANTA, July 06, 2017 (GLOBE NEWSWIRE) -- Concurrent (NASDAQ:CCUR), a global
leader in storage, protection, transformation and delivery of visual assets,
and Alluxio, developers of the world's first system that unifies data at memory
speed, today announced a joint solution that provides real-time data analytics
and machine learning to help service providers analyze viewers' preferences and
video consumption patterns.
The joint solution brings together Concurrent's Aquari(TM) Storage platform with
Alluxio Enterprise Edition (AEE) to provide a faster and more scalable
alternative for Hadoop users than the Hadoop Distributed File System (HDFS).
This combination allows service providers to quickly extract and analyze vast
amounts of data that were previously discarded as useless, helping to identify
actionable insights and discover new revenue and customer retention
opportunities.
"It is imperative that media service providers have the tools and resources they
need to deliver content and take advantage of market opportunities immediately
and without limitation," said Haoyuan Li, CEO at Alluxio. "By combining
Alluxio's virtual distributed storage system with Concurrent Aquari scale-out
storage, service providers will be able to deliver instantaneous information
essential for targeted advertising and optimized content libraries, thereby
growing revenue while keeping operational expenses under control."
Alluxio provides a unified view of enterprise data that spans disparate storage
systems, locations and clouds, allowing any big data computational framework to
access stored data at memory speed. Alluxio runs critical workloads for numerous
Global 2000 companies that include Baidu, Barclay's Bank, CERN, ESRI, Huawei,
Intel, and Juniper, among others.
Concurrent Aquari Storage is a modern, intelligent storage system that features
simultaneous support for multiple file- or object-based workloads. Built on a
true scale-out architecture, Aquari Storage seamlessly and independently scales
throughput and capacity. This translates into increased flexibility and
scalability to better manage growing visual asset libraries and the applications
that process them.
"Concurrent has been providing tier-one service providers around the globe with
high-availability storage solutions for decades," said Scott Ryan, Senior Vice
President, Products at Concurrent. "By partnering with Alluxio, we are able to
further enhance the availability and personalization of the services that our
customers offer their end-users. This joint solution provides critical insight
into how and when media is consumed and ensures that service providers can take
advantage of real-time analysis at memory speed."
About Alluxio
Alluxio is the world's first system that unifies data at memory speed. By
allowing applications to access data stored in disparate storage systems at
memory speed, Alluxio enables enterprises to manage data efficiently, accelerate
business analytics, and ease the adoption of hybrid cloud. Venture-backed by
Andreessen Horowitz, Alluxio, Inc. was founded by the creators of the Alluxio
open source project. For more information, contact info(at)alluxio.com or follow
Alluxio on LinkedIn, Twitter or Facebook.
About Concurrent
Concurrent (NASDAQ:CCUR) is a global software and solutions company that
develops advanced applications focused on storing, protecting, transforming, and
delivering high value media assets. We serve industries and customers that
demand uncompromising performance, reliability and flexibility to gain a
competitive edge, drive meaningful growth and confidently deliver best-in-class
solutions that enrich the lives of millions of people around the world every
day. Offices are located in North America, Europe and Asia.
Visit www.concurrent.com for further information and follow us on
Twitter: www.twitter.com/Concurrent_CCUR.
Certain statements made or incorporated by reference in this release may
constitute "forward-looking statements" within the meaning of federal securities
laws. Statements regarding future events and developments and a company's future
performance, including, but not limited to, management's expectations, beliefs,
plans, estimates, or projections relating to the future, are forward-looking
statements within the meaning of these laws. All forward-looking statements are
subject to certain risks and uncertainties that could cause actual events to
differ materially from those projected.
Important risk factors include, but are not limited to, Concurrent's ability to
reinvest the net proceeds from the sale of its Real-Time segment in a manner
that Concurrent believes will generate an adequate return to its remaining
business and the risk factors discussed in Concurrent's Form 10-K filed August
30, 2016 with the Securities and Exchange Commission ("SEC"), and in subsequent
filings of periodic reports with the SEC. The risk factors discussed in the Form
10-K and subsequently filed periodic reports under the heading "Risk Factors"
are specifically incorporated by reference in this press release. Forward-
looking statements are based on current expectations and speak only as of the
date of such statements. Concurrent undertakes no obligation to publicly update
or revise any forward-looking statement, whether as a result of future events,
new information, or otherwise.
All Concurrent product names and its logo are trademarks or registered
trademarks of Concurrent while all other product names are trademarks or
registered trademarks of their respective owners.
For more information, contact:
Media Relations:
Heather Graham
404-214-0722 X 103
media(at)concurrent.com
Investor Relations:
Doug Sherk
(415) 652-9100
dsherk(at)evcgroup.com
Todd Kehrli
(310) 625-4462
tkehrli(at)evcgroup.com
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Concurrent Computer Corporation via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 06.07.2017 - 21:44 Uhr
Sprache: Deutsch
News-ID 551401
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"Concurrent and Alluxio Team to Provide Scalable Data Analytics at Memory Speed"
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