Teradata, a Miami Twp.-based data analytics company, said Monday that it has purchased London-based Big Data Partnership, a provider of big data solutions and training.
Big data analytics services represent a fast-growing market valued at $40 billion in 2015, Teradata said in a release. Internet-of-Things sensor data and information streams from consumer technologies are fueling growth and raising demand for analysis of information, new data infrastructures and business models, the company said.
In what Teradata called this “high-demand, opportunity-rich market,” Big Data Partnership will now join Teradata’s Think Big consulting practice, accelerating Think Big’s “expansion of open source consulting services internationally,” the local company said.
“Big Data Partnership brings exciting new capabilities and broadens our analytic services portfolio, enhancing Think Big’s expertise and giving our customers more choices, outcomes tailored to their goals, and valuable knowledge transfer,” Rick Farnell, senior vice president, Think Big, a Teradata company, said in Teradata’s announcement.
The terms of the acquisition were not disclosed.
Teradata is one of the Dayton area’s largest publicly traded companies, with 400 local jobs and 11,000 jobs worldwide.