Arm finds IoT treasure with $600m US acquisition
Cambridge technology thought leader Arm has further strengthened its proposition in the fast-developing IoT arena with the $600 million acquisition of enterprise data management business Treasure Data in Silicon Valley.
The UK superchip architect says the purchase of a global leader and the simultaneous launch of the new Pelion IoT platform in enterprise data management will create a world-first end-to-end IoT connectivity, device and data management platform for hybrid environments.
Dipesh Patel, president of Arm’s IoT Services Group, says the device to data move will enable businesses worldwide to aggregate and derive meaningful insights from disparate data sources, CRM, IoT devices, e-commerce and more.
The launch of the Pelion IoT Platform combines technologies from Treasure Data, the acquisition of Stream and Arm Mbed Cloud.
“The Pelion IoT Platform will enable companies to seamlessly and securely connect and manage IoT devices and data at any scale,” says Patel.
He added: “The Internet of Things will give businesses superpowers. Whether it’s an energy provider drawing data from its infrastructure to sense failures; a sensor-equipped building anticipating and then proactively dealing with occupants’ needs; or a retailer using data streams from its stores and warehouses to streamline operations – IoT systems can be transformational.
“But unlike fictional superheroes who are often born with their abilities, any business wanting to develop IoT superpowers requires help. That must come from the technology sector and three specific elements – investment, solutions and ecosystems.
“IoT investment is evident, with the $100 billion SoftBank Vision Fund being a prime example of major support in advanced technologies.
“For solutions, we need to make it easy for organisations to provision, update, connect and manage devices, as well as make sense of the incredible amount of diverse data that the IoT is generating.
“Lastly, IoT requires a strong ecosystem of companies working together to deliver value – one company cannot solve everything alone. Dealing with data is hard. An Information Age article summed up the massive data explosion, when it cited IDC predictions that 163 zettabytes (ZB) of data will be created or copied by 2025.
“That’s ten times the 16.1ZB of data generated as of 2016. However, according to a 2018 commissioned study conducted by Forrester Consulting on behalf of Arm, 67 per cent of organisations face challenges with data silos and more than half struggle with data preparation.
“To deal with data volumes and complexity, businesses need to be able to seamlessly connect and manage their IoT devices, as well as manage their data flows.
“Arm has focused on supporting companies with this for several years, but a full solution taking care of all of a company’s data needs, from device-to-data, has only become possible after we acquired Treasure Data.
“Treasure Data is a global leader in enterprise data management providing the ability to aggregate and translate massive volumes of scattered and siloed data.
“The company’s technology deals with data from any source – CRM, ecommerce systems, edge, IoT devices, and any third-party data. The result for customers is an ability to derive meaningful and actionable insights from any disparate data mix.
“Treasure Data is the final piece of our IoT enablement puzzle. Its technology, along with that of another recent acquisition (Stream) for connectivity management, combined with Arm Mbed Cloud and our knowledge of the IoT hardware foundation creates something entirely new. We call it the Arm Pelion IoT Platform.
“The Pelion IoT Platform will enable companies to seamlessly and securely connect and manage IoT devices and data at any scale. It’s designed to work on public and private clouds, on-premises and in hybrid environments, delivering ultimate flexibility in IoT system architectures.
“This will allow companies to quickly turn IoT and enterprise data into insights capable of unlocking new opportunities for them and their customers. The Pelion IoT Platform will also provide unified billing that lowers infrastructure costs, increases operational efficiency, and eliminates integration headaches.”
Patel said the Pelion IoT Platform delivers a strong combined partner ecosystem of 140+ partners spanning silicon, mobile, network operators (MNOs), channel, technology providers and more.
He added: “There are many vertical IoT Platforms focusing on specific device classes. Some also focus on specific kinds of data insights they’ll support. There are vendor-specific platforms that seek to tie customers into specific clouds. The linking word here is ‘specific’.
“The Pelion IoT Platform is different because it is a truly horizontal platform capable of managing any number or type of devices and connectivity, dealing with any type of data (internal and external) and linking to any cloud. In short, it offers the ability to tie into ‘Any device, Any data, Any cloud’ – we think of it as a triple A IoT experience.”
Arm, which is owned by Japan’s SoftBank, is growing from a newly upgraded UK headquarters in Cambridge.
Its advanced, energy-efficient processor designs have enabled the intelligent computing in more than 125 billion chips. Over 70 per cent of the world’s population are using Arm technology, which is securely powering products from the sensor to the smartphone to the supercomputer.