Guavus buys SQLstream to offer telcos and IIoT real-time analytics and AI from edge to core

Guavus, a Thales company and specialist in Artificial Intelligence (AI)-based analytics, has acquired SQLstream. SQLstream is a real-time streaming analytics company based in San Francisco, CA. Terms of the deal have not been disclosed. The acquisition is designed to enable Guavus to expand its offering, providing communications service providers (CSPs) and Industrial Internet of Things (IIoT) customers access – at the network edge – to real-time, cloud-enabled streaming analytics to address their growing big data needs. “With our integrated solutions, CSPs to IIoT customers will be able to take advantage of something that’s radically different as we deliver AI-powered analytics from the network edge to the network core. With this solution, our customers can now analyse their operational, customer, and business data anywhere in the network in real time, without manual intervention, so they can make better decisions, provide smarter new services, and reduce their costs,” says Guavus CEO, Faizel Lakhani.