Attunity Signs Multi-Year Deal for Over $4 Million with a Global Company for Strategic Data Lake and Big Data Analytics Initiatives
BURLINGTON, Massachusetts, July 19, 2016 /PRNewswire/ — #Attunity Ltd. (NASDAQ: ATTU), a leading provider of Big Data management software solutions, announced today that a global corporation (the “Company”) has chosen Attunity Replicate for #Hadoop as a strategic technology to enable large-scale data ingest for the Company’s corporate data lake and for customer analytics projects. Through the agreement with the Company, Attunity will generate more than $4 million as license and support fees over a period of 3 years. The agreement includes expansion opportunities for other data sources for additional consideration. Driven by its customer analytics projects, the Company formulated a new #BigData strategy that required them to move large volumes of business data into a single platform. Given the cost of traditional data platforms and the large volumes of data, the Company decided to build a data lake based on Hadoop. The Company was then challenged to find a method to ingest data from thousands of data sources to the data lake in an efficient and productive manner while minimizing the burden on operations. After a competitive selection process, the Company chose Attunity Replicate for Hadoop due to its end-to-end automation and zero-footprint architecture. Those innovative capabilities accelerate implementation and eliminate the burden and complexity of installing software on every source system, which is required by competitive solutions. This ultimately results in significant lowering of the “Total Cost of Ownership” and accelerated time to insight.