Magic to use InsightEdge Platform for Fast Data Streaming, Aggregation with Predictive Analytics Engines in Zero-Downtime Environment.
GigaSpaces today announced that Magic Software Enterprises, a global provider of integration software and a broad range of software and IT services, will begin using GigaSpaces InsightEdge Platform to power its IoT solutions. Magic will utilize the InsightEdge Platform for fast data streaming and aggregation with predictive analytics engines, turning data from sensors into real-time actionable insights.
GigaSpaces and Magic will be hosting a joint webinar on July 26th to discuss Powering IoT Integration Solutions: Turning Data from Sensors into Real-time Actionable Insights. In this webinar GigaSpaces’ VP of Products and Strategy, Ali Hodroj and Magic Software Enterprises’ VP of Innovations, Yuval Lavi will discuss how the InsightEdge Platform powers Magic’s IoT integration solutions and how GigaSpaces enables Magic’s customers to simplify and accelerate telemetry ingestion, as well as to gain full business value from IoT adoption.
With 20.8B connected things expected to be in use worldwide by 2020, IoT offers huge potential for many industries including manufacturing, transportation, healthcare, security and more. Collecting, aggregating and analyzing this massive amount of data is imperative for enterprises looking to act on real-time insights.
InsightEdge, a fast data in-memory computing platform that converges analytical and transactional workloads in a unified open-source based software stack, streams and transforms IoT sensor data, which is operationalized through Magic xpi’s integration and intelligence engine.
Magic Software’s IoT solution together with InsightEdge can be leveraged for many IoT scenarios, such as predictive maintenance, anomaly detection and service optimization where telemetry is ingested, correlated and merged. The data is then transferred to Magic xpi as the orchestrator of the process for prediction and any additional required actions. The solution enables predicts equipment to ensure business continuity and optimized operations.
“Our system integration platform that has optimized business processes and evolved over the last 15 years has now become an IoT Hub, equipped with GigaSpaces’ latest product, InsightEdge,” said Lavi. “GigaSpaces enables our customers to simplify and accelerate telemetry ingestion, to gain full business value from IoT adoption.”
This is not the first collaboration between Magic and GigaSpaces. Magic has been using GigaSpaces’ XAP In-memory computing platform for years to deliver fast data streaming, aggregation, and calculations.
“Magic has continually built and delivered exceptional solutions for their customers, and their newest IoT solution is addressing a compelling requirement to manage and analyze IoT data,” said Hodroj. “With Magic’s latest solutions, we are enabling IoT applications to scale through open source components in the center, edge, and cloud while combining hybrid transactional/analytical processing (HTAP).”