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Sumo Logic Holds Inaugural Illuminate User Conference: Analytics Economy to Drive Unprecedented Machine Data Growth
By: Marketwired .
Sep. 13, 2017 01:15 PM
BURLINGAME, CA -- (Marketwired) -- 09/13/17 --
ILLUMINATE 2017 - Sumo Logic, the leading cloud-native, machine data analytics platform that delivers continuous intelligence, outlined today at its inaugural user conference, Illuminate, more details about its strategy to address the barriers preventing companies from competing in what it calls, an emerging Analytics Economy. In his keynote address, Sumo Logic president and CEO Ramin Sayar described the Analytics Economy as the next layer of business competitive advantage, as more and more digital transformation companies rely on real-time data analytics to build, run and secure their modern applications.
"In the Analytics Economy, the companies making the best decisions the fastest, win. So the ability to leverage real-time, machine data insights to build, run and secure modern applications is becoming the new core competency driving competitive advantage, and Sumo Logic is well-positioned to be the cloud-native analytics platform of choice for that critical capability," Sayar said. "That's why we're committed to addressing the barriers to democratizing machine data analytics, which includes alleviating restrictive usage and licensing models, eliminating disparate data siloes and improving the accessibility to machine data insights so they become ubiquitous across organizations."
Sayar referred to the growing onslaught of machine data growth that's occurring as more and more companies shift to modern applications and embrace a digital business strategy. According to Barclays' Big Data Handbook, the volume of machine data will exceed 16 zettabytes by 2020, and current approaches to machine data will leave the vast majority of digital insights hidden away, starving the operators of modern apps from the intelligence they need to make decisions. Sayar pointed out that a disproportionate amount of this growth is expected to occur over the next three years, when the current 3.9 zettabyte size is expected to quadruple by 2020.
"Growth this dramatic in such a short period of time tells us two things: 1) we're entering into the Analytics Economy, as more and more companies seek to unlock the rich value of this information as fast as possible; and 2) only a cloud-native machine data analytics platform built from the ground-up to handle unstructured, semi-structured and structured data natively in real-time will be able to address this volume," he said. "This is exactly the problem Sumo Logic has been preparing for since its founding."
Illuminate Conference Highlights
Some of the conference highlights included:
New Sumo Logic Platform Improvements; Support for Google Cloud Platform
To bolster the company's multi-cloud analytics support, Sayar also announced native integration support for Google Cloud Platform (GCP), which includes services such as Compute Engine, Cloud SQL, Cloud Load Balancing Cloud Dataflow and others. In conjunction with its native integration, multi-cloud analytics support announced last June, the addition of GCP fulfills the company's strategy to provide multi-cloud analytics to customers who don't want to be locked into a single cloud vendor.
New Sumo Logic State of the Modern App in the Cloud Report
Based on active and anonymized data from more than 1,500 customers using Sumo Logic's machine data analytics platform, some of the key findings highlight dramatic adoption of Linux in Azure, significant growth of serverless computing and containers, and an evolving cloud security solutions landscape.
About Sumo Logic
Founded in 2010, Sumo Logic is a privately held company based in Redwood City, CA and is backed by Accel Partners, DFJ, Greylock Partners, IVP, Sequoia Capital and Sutter Hill Ventures. For more information, visit www.sumologic.com.
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