Extra tags: data
OVHcloud, the European leader in cloud computing, has acquired ForePaaS, a unified platform that specialises in business data analytics, machine learning, and artificial intelligence applications. As of today, the 23 members of the ForePaaS teams, as well as its founders, have joined the Group to work on a set of solutions that will actively contribute to the implementation of OVHcloud's growth acceleration strategy by enhancing its Platform as a Service (PaaS) offering.
ForePaaS has distinguished itself with important clients since its launch in 2015, thanks to its comprehensive solution that helps users to start, simplify, and expedite machine learning and data analytics projects. The ForePaaS package covers a wide range of use cases for comprehensively managing the data value chain and developing key data-driven applications for analysis, corporate intelligence, and process optimisation.
The ease of use and deployment of the ForePaaS solution has enabled the company to quickly develop an international customer base. In Europe, its expertise has been adopted by Klépierre and Gefco. In Asia, ForePaaS has notably entered a strong partnership with the Mitsubishi Research Institute (MRI), which will be further developed in the context of this operation.
"By acquiring ForePaaS, we are endowing ourselves with an expert team that will complete the spectrum of OVHcloud's competencies to fast-track the delivery of an expanded portfolio of development environments in the Platform as a Service (PaaS) segment. This acquisition of technology bricks and skills will allow us to serve an increasing breadth of use cases for our clients who are looking for agile solutions to facilitate their adoption of the cloud and give them full control over the lifecycle of their data" explains Thierry Souche, CTO of OVHcloud.
Since our inception in 2015, we have been working hard to fulfill a vision, one where companies would be able to create and manage their own AI and Data analytics Factory simply and autonomously. OVHcloud quickly became a trusted partner for deploying our solutions. Today, I am delighted with this alliance which will allow us, to jointly provide companies with a new generation of platforms for the large-scale deployment of their critical applications" says Paul Sinaï, CEO of ForePaaS.
This new knowledge will eventually be incorporated into the development environments that OVHcloud provides to its 1.6 million customers across the world. Developers will be given a complete set of solutions to address the entire data value chain, from storage to database management to artificial intelligence algorithms, based on a consistent roadmap. The ForePaaS analytics platform's technical foundations will thus be at the heart of OVHcloud's Platform as a Service value proposition.
These new solutions will be fully integrated into OVHcloud's value proposition, which aims at providing technologies with the best price-performance ratio in an open, reversible, predictable, and transparent environment.
Following the recent acquisitions of OpenIO, Exten Technologies, and BuyDRM, OVHcloud will continue its acquisition strategy to speed the implementation of PaaS solutions on an open and trustworthy infrastructure that allows unrestricted data sovereignty. OVHcloud now offers more than 70 PaaS solutions, with ambitions to increase that number to 80 by the end of August 2022.
