Hydrolix Achieves Major Growth Through Strategic Technology Partnerships
Hydrolix Achieves Major Growth Through Strategic Technology Partnerships
In a groundbreaking announcement, Hydrolix, a pioneering company in the streaming data lake industry, revealed substantial growth in its technology partner ecosystem throughout 2024. Experienced by a staggering twelve-fold increase in revenue since November 2023, Hydrolix attributes its success to dynamic collaborations with various industries including observability, cybersecurity, digital advertising, and artificial intelligence/machine learning. This impressive revenue growth underscores the transformation of big data economics.
Cost Efficiency and Hot Data Access
Hydrolix’s innovative technology allows businesses to effectively reduce their storage costs while ensuring immediate access to critical data for real-time analysis. Traditional log-intensive applications, where companies typically spend about 30% of their total cloud budget, are significantly enhanced through Hydrolix partnerships, enabling access to four times more data at just one-fourth of the cost.
The Powered by Hydrolix Partner Program
A notable collaboration with Akamai initiated the Powered by Hydrolix Partner Program, spawning the launch of TrafficPeak, a managed observability service embraced by over 300 customers globally. Marty Kagan, co-founder and CEO of Hydrolix, expressed that forming partnerships with firms that share their mission of offering exceptional value has been pivotal for their success. The swift expansion of their partner network stands as a testament to the strength of the Hydrolix platform and the innovative solutions generated by their partners to tackle actual business challenges.
Quesma’s CEO, Jacek Migdal, also voiced excitement over their collaboration, noting that the partnership has remarkably improved the speed and cost-effectiveness of offerings to customers, allowing them to analyze and visualize data efficiently within Hydrolix clusters using Kibana and OpenSearch while reducing their total cost of ownership by 75%.
New Partners Driving Innovation
As Hydrolix advances its partnerships, several new technology collaborators have joined the ecosystem:
- - APIContext: Offers real-time performance monitoring for APIs, helping companies promptly address API performance issues.
- - Datazoom: Aggregates streaming analytics data for real-time monitoring of content consumption and technical issue tracking, enriching the content performance journey for businesses.
- - Grafana: Serves as the default dashboard tool for visualizing data, allowing users to unify insights to quickly identify and resolve operational issues.
- - IORiver: Delivers an advanced multi-CDN solution, enabling customers to ingest and analyze massive amounts of log data efficiently and affordably while maintaining quick query responses.
- - Mux: Enhances viewer experience monitoring during video streaming, aiding in traffic rerouting for improved performance and troubleshooting of streaming issues.
- - ScientiaMobile: Assists media companies in identifying device types interacting with content, optimizing ad efficiency through enriched log data.
Future Expansion Plans
As the dawn of 2025 approaches, Hydrolix anticipates further expansion within its partner network, intensifying its focus on strategic alliances in observability, cybersecurity, and AI/machine learning sectors. The burgeoning technology partnership ecosystem integrates seamlessly with Hydrolix’s three core services – the fully managed Hydrolix streaming data lake, TrafficPeak for observability through Akamai's Connected Cloud, and the newly launched Cascade observability service built on AWS for both origin and edge services.
Conclusion
Hydrolix continues to redefine the landscape of big data with its cutting-edge, cost-effective solutions that empower enterprises to harness their data efficiently. The rapid growth within its technology partner ecosystem not only reflects the market's demand for innovative solutions but also highlights Hydrolix's role as a catalyst for change in data management practices across diverse industries.
For further insights and opportunities to partner with Hydrolix, visit hydrolix.io/partner-program.
Founded in 2018 and based in Portland, Oregon, Hydrolix is committed to transforming log data economics, serving Fortune 500 companies worldwide effectively.
Topics Consumer Technology）
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