Will IBM acquisition boost Cloud data services?
- 31 July, 2015 05:18
IBM has announced the acquisition of Compose, a privately held company that provides MongoDB, Redis, Elasticsearch, PostgreSQL, and other database as a service (DBaaS) offerings targeted at web and mobile app developers.
While the acquisition furthers IBM’s commitment to accelerating developer productivity and innovation around open source, will it significantly boost the tech giant’s cloud data services portfolio?
The cloud database arena is projected to be worth US$14 billion by 2019, with IBM claiming open source databases like MongoDB to be a significant part - “and rapidly growing portion” - of this sector.
Thousands of clients across a variety of industries, including retail, IoT, higher education, marketing services and ecommerce have created over 100,000 databases with Compose.
“Compose’s breadth of database offerings will expand IBM’s Bluemix platform for the many app developers seeking production-ready databases built on open source,” says Derek Schoettle, General Manager, IBM Cloud Data Services.
“Compose furthers IBM’s commitment to ensuring developers have access to the right tools for the job by offering the broadest set of DBaaS service and the flexibility of hybrid cloud deployment.”
IBM’s Cloud Data Services offerings are integrated services for developers that run on the IBM Cloud platform, Bluemix, with DevOps support teams.
The acquisition of Compose, according to Schoettle, aims to provides IBM with an “enhanced framework” to deliver cloud database services for developers.
“By joining IBM, we will have an opportunity to accelerate the development of our database platform and offer even more services and support to developer teams,” says Kurt Mackey, co-founder and CEO, Compose.
“As developers, we know how hard it can be to manage databases at scale, which is exactly why we built Compose - to take that burden off of our customers and allow them to get back to the engineering they love.”