GigaSpaces Technologies will spin off Cloudify, its orchestration and cloud management platform business unit, into a new company focused on the fast-growing market for management and orchestration of cloud applications and network functions virtualization (NFV), the company said.
Planning for the move began in 2016, driven by strong growth of the Cloudify product line in core enterprise cloud markets, as well as success in entering the carrier network orchestration market. It allows the new Cloudify entity to dedicate engineering, product development, marketing and customer support activities to the cloud market segment.
GigaSpaces, with its long-standing track record in the in-memory computing market, will continue to capitalize on its technology investments and innovation in its XAP and InsightEdge product lines.
In 2016, GigaSpaces open sourced all products and shifted to an open source support business model. The GigaSpaces IMC business unit launched InsightEdge, which leverages the Apache Spark cluster computing project, while Cloudify launched Apache Project ARIA, a simple, open source orchestration library to accelerate TOSCA adoption. Both are part of the company´s strategy to leverage open source software, which has emerged as the preferred means for both enterprises and service providers to implement technology rather than proprietary commercial off-the-shelf software.
The new company will retain the core Cloudify engineering, product and marketing teams, working from existing offices in New York City; San Jose, California; and Tel Aviv, Israel.
GigaSpaces provides software for in-memory computing, including the XAP platform and InsightEdge for high-speed data analytics, at work in hundreds of organizations worldwide.
Cloudify provides open-source software for cloud application and NFV orchestration and management. Telecoms, financial services firms and healthcare providers use Cloudify to increase the velocity and reliability of software deployment, lifecycle management and network functions in cloud-native environments.