MarkLogic and NTT DATA Expand Partnership
Enterprise NoSQL database company MarkLogic has received a strategic capital investment from NTT DATA, a global IT-services provider headquartered in Tokyo.
The companies say they will also be expanding their existing business alliance to develop new go-to-market strategies with emphasis on joint customer development in Europe, North America, South America and Japan.
The terms of the strategic investment in MarkLogic, which closed on May 31, 2017, were not disclosed.
Since becoming partners in 2012, the companies say they have worked together to target companies in Japan dealing with large-scale data integration challenges and are now experiencing growing market opportunity abroad for their joint solutions in key vertical segments such as financial services, healthcare, government/public sector, and manufacturing.
According to MarkLogic, its NoSQL database platform solves a critical challenge for organizations by helping them break down data silos that can emerge within their organizations. By using a non-relational database technology like MarkLogic, the company says, organizations can gain a 360-degree view of their data by reducing data silos through the use of a more agile and flexible database that is designed for change, scale, heterogeneous data, and for running mission-critical applications.
The companies say the joint go-to-market strategy is designed to help customers better understand the generational shift taking place across the database industry, and how it can be used as a competitive advantage.
For more information, go to www.nttdata.com and www.marklogic.com.