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Cask Receives Strategic Investment From Ericsson

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Cask says that it has received am investment from Ericsson. The company said that the minority investment will help accelerate delivery of its Apache Hadoop based solutions and services for a range of vertical industries.

Cask has developed the Cask Data Application Platform (CDAP), an open source framework for delivering enterprise solutions on Hadoop and Apache Spark. It integrates and abstracts underlying infrastructure technologies to provide a platform to build, deploy, and manage complex data analytics applications on-premises and in the cloud.

The company was recently named a Gartner "Cool Vendor" for 2016.

CDAP supports the broad spectrum of big data use cases in vertical industries, from streaming and user-facing applications, internal enterprise data lakes, and network management, to Internet-of-Things (IoT).

"While use cases for Hadoop-based solutions have significantly grown over the past few years, so too, unfortunately, have the complexity of the underlying technologies and the frustration experienced by developers, data scientists and IT professionals alike that comes with building and deploying Hadoop applications into production," said Jonathan Gray, CEO of Cask. "The strategic investment from Ericsson strengthens our ability to accelerate penetration of CDAP as the de-facto standard when it comes to quickly and easily developing and deploying powerful big data applications that will change how the world conducts business."

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Tags: ericsson