Earlier this month, Cisco made it clear that it wanted to move deeper into the Internet of Things (IoT) with a bunch of announcements aimed at the manufacturing, transportation, utilities, and oil and gas industries, amongst others.
As part of this continuing investment, Cisco has announced it is buying ParStream, a Cologne-based company that offers an analytics database that will allow companies to analyse large amounts of data and store it in near real time anywhere on the network.
According to Cisco, the acquisition is expected to close in the second quarter of fiscal year 2016.
Commenting on the deal, Cisco's VP of investments, Rob Salvagno, said the ParStream acquisition "helps customers access data faster and at scale, rapidly analysing and filtering billions of records and getting information to the business in near real-time".
Salvagno added that Cisco believes that the value of IT "has always been derived from the intelligence contained in data [which is why] analytics is at the heart of Cisco's strategy for a hyper distributed intelligent infrastructure".
As an example of this, Salvagno pointed to how ParStream could be used to help a renewable energy company "track and monitor thousands of wind turbines at once by providing the information to optimise the performance of each turbine and quickly adjust to changing environmental factors like wind direction and temperature".
Instead of sending the data to a central server, the ParStream software lets energy companies store the data at the edge of the network, closer to the turbines and sensors. This means that the results can be read even across highly distributed networks, Cisco said.
Apart from anything else, this should lead to less downtime for the networks, the company says, and so more predictable maintenance plus better historical analysis of environmental patterns.