Quantium has called on Apache Hadoop distribution vendor MapR in a bid to improve its ability to perform analysis on large volumes of data without having to spend time on first restructuring the data.
The Sydney-based data analytics firm has inked a deal that sees MapR perform analytics on large and complex data sets in order to generate business insights for its clients, which include many of Australia's leading companies, such as Woolworths, National Australia Bank, and Foxtel.
"The core of our business rests on our ability to perform complex analytics on large data sets to derive business insights," said Quantium director Greg Schneider. "Relative to other available Hadoop distributions, MapR is expected to provide higher-level performance, more fine-grained control of data segregation, and better reliability."
Justin Bock, MapR Technologies country manager for Australia, said that the deal will see the local data analytics player deploy one of the largest and most powerful Hadoop clusters in Australia.
"Fast data analytics is core to the Quantium solution, and we are proud to provide the Hadoop foundation with the scale, real-time performance, and reliability, which will help their customers benefit from immediate, actionable data," he said.
The deal comes as MapR, which develops and sells Apache Hadoop-derived software for the enterprise, closes in on an initial public offering (IPO), which could happen as early as next year — and will most likely take place on the tech-heavy NASDAQ stock market in New York City.
In June, the San Jose, California-based companyin financing led by Google Capital and Qualcomm, along with other investors, while at the same time securing $30 million in debt financing led by Silicon Valley Bank.
MapR co-founder and CEO John Schroeder told ZDNet that the multimillion-dollar cash boost was being used to help the company position itself to go public. Schroeder had earmarked a potential 2015 public listing date as early as 2013.
Schroeder said that the company is shifting up a gear in its aim to further tap the "hyper-growth" industry in which it plays — big data and analytics.