Enterprise analystics provider Striim, which rebranded itself a year ago with an unusual name after being called WebAction for three years, is pioneering a new category called stream analytics, based on real-time streaming data integration. This move into data management is aimed specifically at the internet of things.
The Palo Alto, Calif.-based company Striim (pronounced "stream") on May 16 introduced Striim for IoT, which is designed to help enterprises address three of the most difficult data challenges of IoT infrastructure: 1) managing the huge volume of data generated by IoT devices; 2) integrating IoT data with the enterprise and analyzing it in real time; and 3) addressing security issues associated with the explosion of connected devices.
Using enterprise-grade, real-time data integration combined with streaming analytics and data visualization techniques, Striim enables IoT-driven businesses to make informed decisions based on context-rich, real-time insights, company officials said.
In a recent whitepaper, IDC predicted that over the next eight years the amount of data created per year will increase 10X to more than 160 zettabytes, with 95 percent originating from devices in the IoT. However, the study also indicated that only a small fraction of that data can be stored.
Striim’s platform enables immediate in-flight filtering, transformation and aggregation of IoT data at the edge, allowing businesses to store only the IoT data they need, the company said.
“Even though many companies are using edge analytics for their IoT data, they are really limiting themselves by evaluating and acting on siloed data,” Striim CTO and founder Steve Wilkes said. “There are many other sources of data to be considered, such as transactional data, log files, message queues and events, that, when correlated with IoT data, can provide a well-rounded view for decision makers within a company.”
Striim is partnering with several leading IoT vendors to enable end-to-end IoT management solutions, including Microsoft, Fujitsu, Statistica (recently acquired by TIBCO) and Dell EMC.
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