San Jose based Cisco has announced it has acquired the Advanced Analytics Team and associated advanced analytics intellectual property developed by Saggezza, a privately-held technology services company based in Chicago, with offices in Chennai and Santa Clara, for an undisclosed sum.
The acquisition is aligned to Cisco’s strategic goals to develop innovative big data analytics, and cloud technologies, while also cultivating top talent.
This talent acquisition brings unique expertise in analytics, cloud and secure platform development. Given the importance of analytics for optimizing network performance, these capabilities will complement Cisco’s Digital Network Architecture (DNA).
By adding a team of analytics experts, Cisco will augment its current analytics capabilities and improve insights into network performance and automation, accelerate Cisco DNA development efforts, and enhance our cloud and SaaS analytics offerings. The acquisition is a reflection of Ciscos’s strong belief that analytics will play a critical role in the building of next-generation networks designed for an era of cloud, IoT and pervasive security threats. The Advanced Analytics team will join the Cisco Enterprise Networking Engineering Group, led by Ravi Chandr asekaran, SVP.
The Advanced Analytics team is a select group of platform analytics experts within Saggezza with unique capabilities in cloud and secure platform development. This team has been responsible for developing innovative technology that powers Saggezza’s internal analytics platform, which enables customers to rapidly acquire and analyze data, creating complex rules and new data visualization applications. With this announcement, Cisco acquires a cohesive and high-performing team of analytics experts to bolster ongoing innovation in this space.