Rocket Software has announced that it will acquire the Vertica analytics solution from OpenText. This acquisition will further strengthen the data management solutions portfolio of Rocket Software. The acquisition of Vertica by Rocket Software will enable the company. To provide better analytics and operational intellige nac online with the lowest prices today in the USA
Milan Shetti, President & CEO of Rocket Software, commented on the acquisition: “The surge in AI investment has heightened both the importance. The difficulty of turning data into real business value. With Vertica, we’re addressing the next wave of modernization challenges: transforming data warehouses, repatriating analytics workloads. Enabling AI-driven decision-making so customers can handle their most data-intensive workloads and accelerate modernization.”
In addition to this, the acquisition of Vertica by Rocket Software. Will also complement its existing d ata management and enterprise software solutions portfolio. This acquisition will position Rocket Software to provide more scalable, efficient, and innovative solutions to its customers. OpenText, the former owner of Vertica, supports this acquisition as part of its focus on core solutions.
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News Source: GlobeNewswire.com
