Infosys Limited (INFY) Makes Investment in SD Servers Company TidalScale
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Infosys (NYSE: INFY) announced that it has made an investment in TidalScale, a pioneer in Software-Defined Servers that simplify the way companies can apply computing resources to tackle big problems.
TidalScale Software-Defined Servers deliver in-memory performance at any scale, are self-optimizing, use standard hardware, and are compatible with all applications and operating systems. By enabling a new wave of innovation in scalable computing, TidalScale is making it possible for more organizations to draw insights from big data faster, more easily and with greater flexibility than ever before. In the process, TidalScale transforms the economics and time constraints of working with big data.
"TidalScale-based systems can scale dynamically and at linear cost as application needs evolve, without the need for costly hardware investments or time-consuming software rewrites. As a pioneer of Software-Defined Servers, TidalScale provides solutions that are extraordinarily simple to use, requiring absolutely no changes to existing operating systems, databases, or applications. Among our client base, we see a need for inventive and cost-effective approaches to derive business value from big data, and our investment in TidalScale underscores our commitment to our clients to bring innovative new solutions across our platforms and offerings," said Ritika Suri, Executive Vice President of Corporate Development and Ventures at Infosys.
"The vast amount of data which is available to organizations around the globe is both an opportunity and a challenge. The Software-Defined Server technology created by TidalScale enables customers to glean insight from ever-growing data volumes by scaling systems quickly, easily and affordably across virtually any population of commodity servers. We believe this partnership with Infosys, a global leader in next-generation services, will provide significant value to our customers and help them easily expand the amount of data they are able to digest, analyze and act upon," said Gary Smerdon as President and Chief Executive Officer of TidalScale.
The investment will be completed on or before November 24, 2016.
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