CenturyLink taps Cognilytics buy for financial big data analytics vertical
Datacenter, internet and hosting provider CenturyLink is forming a new vertical to provide cloud-based, managed predictive analytics and Big Data services to financial firms, following the acquisition of San Jose, Calif.-based Big Data technology and analytics provider Cognilytics for an undisclosed sum at the end of last year.
At the time of the acquisition, CenturyLink planned to integrate Cognilytics' predictive analytics, data visualization and Big Data deployment management tools with its own network, cloud and managed services infrastructure.
Since then, the vendor has decided to "verticalize" Cognilytics' business, and will create a new business vertical offering predictive analytics and Big Data technology packages to financial services customers.
The first of the new financial services packages will comprise
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