Hydrolix, a streaming data lake company disrupting the economics of big data, has launched its Powered by Hydrolix Partner Program to create new revenue streams for partners whose customers collect massive amounts of log data. By building products powered by the Hydrolix streaming data lake, partners can offer their customers hot access to four times more data at one fourth the cost. The program delivers partners a speedy path to revenue that requires minimal in-house resources, giving them the option to have Hydrolix deploy and manage the solution for them as well as provide full go-to-market support.
The Powered by Hydrolix Partner Program was inspired, designed and launched in the wake of a successful partnership with Akamai, the cloud company that powers and protects life online. Hydrolix joined the Akamai Qualified Cloud Compute Partner program in November 2023 and together the companies built the TrafficPeak managed observability service that is being used by more than 100 companies worldwide. Seventy percent of customers who try TrafficPeak buy it less than three months later, and the service has supported many large projects including the biggest American professional football game of the year in February 2024.
In addition to standing up this new service with Akamai, Hydrolix supported Akamai with marketing, sales and lead generation, which included offering training and delivering a comprehensive content library for sales enablement and customers.
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The collaboration with Akamai was so successful that Hydrolix decided it was time to create its own program. The Powered by Hydrolix Partner Program is ideal for organizations developing solutions in cybersecurity, observability, content delivery, digital advertising, AI/machine learning, regulatory compliance, MarTech and telecom.
“Finding a partner where everything meshes for the good of the end user is exactly what we all want when joining a partner program,” said Marty Kagan, co-founder and CEO of Hydrolix. “The program we’re announcing today comes at a time of accelerated growth at Hydrolix, where we’ve seen revenues double in Q3 and Q4 2023 and then grow at a 75% rate in Q1 of 2024. We also closed a $35 million Series B funding round in May. The momentum is measurable, and now is the time to amplify that growth through the Powered by Hydrolix Partner Program.”
“The Powered by Hydrolix Partner Program is designed for companies that want to create new products and services, driving new revenue streams so end users can get all the value possible from their log data,” said Christina Cewe, head of global sales at Hydrolix. “Our partners serve enterprises that are moving more of their business processes online. They need services that will provide them access to both real-time analysis of high-volume streaming logs and ad hoc analysis across years of raw data without having to sacrifice retention, performance or cost. The Powered by Hydrolix Partner Program is designed to make this as easy as possible.”
“By adding Hydrolix to our product offerings, G&L transforms vast data landscapes into cost-effective, actionable insights to power our clients’ success with advanced, media-specific analytics,” said Alexander Leschinsky, co-founder and managing director of G&L Systemhaus, a member of the Powered by Hydrolix Partner Program. “We look forward to helping our customers innovate and make data-driven decisions faster, smarter and more impactful.”
*A Solution for Cost Management Needs in Managing Log Data*
With the cost of log intensive use cases like observability comprising as much as 30% of total cloud spend for many organizations, joining the Powered by Hydrolix Partner Program can equip organizations to provide new products and features to collect, transform, enrich, store and query massive amounts of data for a fraction of the cost of other other technologies.
Hydrolix offers partners a streaming data lake built to power log-intensive applications. Hydrolix software combines real-time stream processing, low-latency indexed search, decoupled storage and high-density compression to create a high-performance, lower-cost data management platform designed to handle the hyper-growth industry demand for long-term data retention.
SOURCE: PRWeb