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Big Data Start-up Data Artisans : Alibaba buys Berlin-based data specialists for 90 million euros

The list of customers of the Data Artisans is impressive: Netflix, Uber, Ebay, Huawei or Zalando take advantage of the technology of the Start-ups. The company is just five years old. And Alibaba is one of the users. The Chinese Internet giant was impressed by the potential, obviously, assumes Data Artisans. 90 million Euro to pay Alibaba, according to various media reports.

the Software at the Technical University of Berlin (TU) is the result of a research project of Volker Markl, head of the Department for database systems and information management, as well as Director of the Berlin Big Data center. His staff are Stephan Ewen, Fabian Hüske and Kostas Tzoumas have developed a technology called Apache Flink for the analysis of large amounts of data, and the company was founded by Data Artisans. In 2016, they released the first Version. It organizes the analysis of data packets, which are distributed on different computers.

Large data streams in real-time

analyze The specificity of Apache Flink is the fact that large amounts of data distributed across different processing processes, and at the same time can be analyzed. This also allows for the evaluation of data streams. "Traditional databases are based on the assumption that data must first be saved in order to process them", explains Stephan Ewen the difference. In the past, companies were able to win so only in retrospect, the findings from the data. With Apache Flink Big Data Analytics can be performed in real time. Exactly therefore, the stream processing technology is also used for a number of large IT companies is so interesting.

Apache Flink is an Open-Source program, so a public, co-developed Software. Money the company earns with services for large enterprise customers. Among the investors are Intel Capital, b-to-v Partners, and Tengelmann Ventures. The founders have been committed to the principle that the developer Community is the intensive involvement of and, for example, an annual conference organized. None of that will change after the Takeover, nothing. "Together, Data Artisans and Alibaba will have the contributions to Apache Flink and Open Source Big Data just continue, but accelerate," Tzoumas and Ewen. So the Chinese have contributed in the past two years as one of the largest users of much of the software code. In addition, Alibaba wants to introduce its own developments in the Open Source Community.

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