Samsung SDS Invests in Iguazio

Iguazio, LTD, provider of high performance platform for serverless and machine learning applications, is partnering with Samsung SDS America, Inc., a software solutions and IT services company, to accelerate and streamline the delivery of intelligent applications.

Samsung SDS has invested in Iguazio and will incorporate its platform into Samsung’s cloud services portfolio, powering serverless agility and data science operations for cloud native and AI-driven applications.

“Samsung SDS is excited to invest in Iguazio. We look forward to providing our customers with intelligent, serverless applications by implementing Iguazio’s technology to our cloud’s PaaS,” said Dr. Shim Yoon, EVP, cloud business division leader, Samsung SDS.

“Iguazio welcomes Samsung SDS as a strategic investor,” said Asaf Somekh, CEO, Iguazio. “We’re already working with different Samsung SDS groups on financial services and manufacturing deployments and are excited about the value Iguazio has created by powering Samsung’s cloud with serverless and machine learning.”

Iguazio’s platform includes data services and AI tools, empowering end-to-end serverless agility in the enterprise and real-time applications to improve performance, security, collaboration and the scalability of machine learning. Company’s Nuclio is an open source serverless framework, enabling the development of modern applications over Kubernetes without having to manage infrastructure.

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