TechCrunch, Klint Finley, July 18, 2012
Nodeable launched a new service called StreamReduce, a cloud-hosted real-time big data analytics product. StreamReduce is based on the same architecture as Nodeable's existing IT operations monitoring tool. The company is keeping its current service, but is expanding its scope by marketing beyond its current base of developers and system administrators.
At the heart of StreamReduce is Storm, a real-time analytics engine that was originally developed at BackType, a company that was acquired by Twitter last year. After the acquisition, Twitter allowed lead developer Nathan Marz to finish the project and open source it. Twitter is now using Storm internally.
StreamReduce is essentially Storm hosted in the cloud, with a few extras such as connectors to Apache Hadoop. Nodeable CEO Dave Rosenberg explains that Storm is meant to complement, not replace, Hadoop. Hadoop is great for running analytics on huge data sets that you've already collected, but it's not good for processing streams of incoming data. That's where Storm and StreamReduce come in.
... Nodeable launched last year as a challenger to Splunk, the big data company that IPOed earlier this year. Spunk sells an on-premise tool for collecting and analyzing large data sets.