Commits $100 Million to Massive Scale Analytics Research

As companies seek to gain real-time insight from diverse types of data, IBM today unveiled new software and services to help clients more effectively gain competitive insight, optimize infrastructure and better manage resources to address Internet-scale data. For the first time, organizations can integrate and analyze tens-of-petabytes of data in its native format and gain critical intelligence in sub-second response times.

HP today announced it has signed a definitive agreement to acquire Vertica, a privately held, real-time analytics platform company based in Billerica, Mass. Terms of the deal were not disclosed.

The acquisition of Vertica will enhance HP capabilities for information optimization, adding sophisticated, real-time business analytics for large and complex sets of data in physical, virtual and cloud environments. Vertica’s platform helps customers analyze massive amounts of data simply, quickly and reliably, resulting in “just-in-time” business intelligence.