Confluent Launches Build with Confluent, the Fastest Path for System Integrators to Tap into the $60B Data Streaming Market

Rhea-AI Summary

Confluent (NASDAQ:CFLT) has launched 'Build with Confluent,' a new partner program designed for system integrators (SIs) to expedite the development and market entry of data streaming use cases. The program offers specialized software bundles, expert certification, and access to Confluent's Go-To-Market (GTM) teams to enhance visibility and market reach. According to a recent Data Streaming report, 86% of IT leaders prioritize data streaming investments in 2024. Early access to the program has already enabled the development of various use cases, including GenAI bots and fraud detection. Partners can leverage Confluent’s resources to build and certify solutions, ultimately improving customer experiences and operational efficiencies across industries. The initiative aims to help SIs capitalize on the $60 billion data streaming market by providing them with the necessary tools and expertise.

Positive

• Confluent's new program targets the $60 billion data streaming market.
• 86% of IT leaders prioritize data streaming for 2024, indicating high market demand.
• Program offers specialized software bundles for quick deployment of solutions.
• Partners receive certification from Confluent experts, adding credibility.
• Access to Confluent's GTM teams enhances market visibility and customer reach.
• Early access use cases include GenAI bots and AI-powered fraud detection.
• Partners can streamline the transition from traditional systems with Confluent’s Migration Accelerator.
• The program supports real-time data solutions important for various industries.

Negative

• No specific financial metrics or projections provided in the announcement.
• Potential competition with other data streaming platforms not addressed.
• Program success may depend on the willingness of SIs to adopt new technologies.
• Certification and GTM support may not guarantee market success.

Insights

Market Research Analyst

Confluent's new partner program, Build with Confluent, aims to capitalize on the rapidly growing $60B data streaming market. The program offers specialized software bundles, certification and sales and marketing support to system integrators (SIs), which could potentially streamline the development of real-time data solutions. The partnership structure is particularly strategic, giving SIs a competitive edge by reducing development time and enhancing solution reliability through Confluent's certification.

This move is significant as real-time data streaming is becoming important in various industries, highlighted by the 86% of IT leaders prioritizing it in 2024. System integrators that can deliver reliable, real-time solutions will be well-positioned to meet this demand. The access to Confluent's Go-To-Market teams can also be a game-changer in amplifying market reach and visibility, which is often a bottleneck for many SIs.

Although the initiative is promising, the key challenge lies in how effectively SIs can leverage these resources and whether the collaboration genuinely translates into tangible business benefits. Furthermore, the real-world impact will heavily depend on the execution and the actual integration of these tools and support systems into the SIs' operational frameworks.

For retail investors, the long-term potential of this program could lead to increased adoption of Confluent's platform, potentially improving revenues and market share. However, it's important to monitor the early outcomes and feedback from partners to gauge the program's real efficacy.

Tech Expert

The introduction of Build with Confluent provides SIs with access to Confluent's cutting-edge data streaming technologies, including their cloud infrastructure and specialized software bundles. This can substantially shorten the development cycle for high-demand applications like GenAI bots and fraud detection systems. The support for transitioning from traditional messaging systems to Confluent's platform is another critical factor that could entice SIs, particularly those struggling with legacy systems.

By offering a certification process, Confluent ensures that the solutions developed are robust and optimized for real-world use, which is a compelling value proposition. The certification adds credibility and can be a strong selling point for SIs when pitching to clients. The collaboration model highlights a shift towards more integrated and supportive vendor-partner relationships in tech, aiming to foster innovation and deliver more reliable products to end-users.

However, the success of this program will depend on the actual quality of the support and resources provided. If Confluent can genuinely deliver on its promises, it could significantly boost the capabilities of SIs, driving further adoption of Confluent’s platform and leading to substantial advancements in data streaming technology.

New SI partner program helps speed up development of real-time solutions customers demand, from GenAI bots to fraud detection

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)-- Confluent, Inc. (NASDAQ:CFLT), the data streaming pioneer, today announced Build with Confluent, a new partner program that helps system integrators (SIs) speed up the development of data streaming use cases and quickly get them in front of the right audiences. It includes specialized software bundles for developing joint solutions faster, support from data streaming experts to certify offerings, and access to Confluent’s Go-To-Market (GTM) teams to amplify their offering in the market. Build with Confluent makes it faster and easier than ever to monetize real-time solutions built on Confluent’s data streaming platform.

An overwhelming majority of IT leaders (86%) stated data streaming is a priority investment in 2024, according to the latest Data Streaming report. The ability to power customer experiences and applications with real-time data is a clear necessity for business success. Data streaming is used across every major industry for countless use cases that are vital to a business. However, SIs have struggled to build comprehensive streaming offerings due to lack of proper resources and technical know-how, holding them back from capitalizing on the growing data streaming market.

“We’re sharing tens of millions of hours of collective data streaming expertise with partners to help them deliver the real-time use case offerings that transform customers’ businesses,” said Paul Mac Farland, SVP of Partner and Innovation Ecosystem, Confluent. “Through Build with Confluent, we’ll treat their solutions as if they were built by our own team, helping them succeed in solving customers’ data challenges and becoming leaders in their space.”

Bring Data Streaming Use Cases to Market Faster

Confluent is driven to be a strategic partner in overcoming customers’ business challenges. As part of the reimagined Accelerate with Confluent program, partners can deepen their collaborations to expand their businesses, open more opportunities for growth, and reach new audiences. They can build native integrations with Connect with Confluent, seamlessly help their customers transition away from traditional messaging systems and Apache Kafka^® with Confluent’s Migration Accelerator, and quickly develop streaming use case offerings with Build with Confluent. Now, any partner can work hand-in-hand with Confluent to meet the high customer demand for real-time customer experiences and applications.

A wide range of use cases have been built through early access to the program, including a GenAI bot for airline customer support, fraud detection against AI-powered voice phishing, automated limit increases for credit card users, and real-time telemetry analysis for freight optimization. This is only the start with more coming to market as SIs combine their industry expertise with the power of Confluent’s leading data streaming platform. Partners can take advantage of Build with Confluent’s transformative program benefits, including:

• Specialized Software Bundles - This library of quickly deployable software helps partners jump start their solutions. With access to packaged code for the most common data streaming use cases, partners have a strong foundation for developing specialized offerings. They no longer need to start from scratch, freeing up more time and resources to focus on customer success.
• Build with Confluent Certification - Through this certification program, Confluent’s industry-leading experts will help fine-tune partners’ solutions and verify that they are built for success. Partners will earn a badge demonstrating their solution has been validated by Confluent experts, maximizes the potential of the Confluent platform, and addresses customers' business needs.
• Access to Sales and Marketing Resources - By tapping into Confluent’s world class GTM teams, partners can speed up the process of discovering their next customer. Confluent’s sales and marketing teams will help ensure their solutions reach the right audiences, maximizing visibility and recognition in the market.

Hear from Confluent’s Partners

Confluent is excited to launch Build with Confluent alongside Data Reply GmbH, Data Reply S.R.L, GFT Technologies, GoodLabs Studio, is-land Systems Inc., iLink Digital, KPMG, MFEC Public Company Limited, Ness Digital Engineering, Onibex, Persistent, Platformatory, Psyncopate, Quantyca S.p.A., and Synthesis Software Technologies (Pty) Ltd. They showcase the endless ways data streaming can transform businesses.

“We launched the Haystack Vishing AI Penetration Test to help banks combat a new fraud threat powered by AI voice deepfakes,” said Thomas Lo, Co-founder, GoodLabs Studio. “Through our Build with Confluent offering, we leverage Confluent Cloud and Flink to rigorously test and evaluate the resilience of banks’ voice biometrics protection, ensuring banks can swiftly take additional steps to validate customers’ authenticity. Together, we can help banks protect their customers from today’s most sophisticated attacks.”

“IoT data is notoriously hard to wrangle as high volumes of data rush in from various systems, machines, and devices,” said Alex Piermatteo, Associate Partner, Data Reply. “Our comprehensive telemetry platform offering, developed through Build with Confluent, enables real time monitoring for IoT devices with long-term storage for data analysis, processing, and exploration. This can surface game-changing insights for organizations across the manufacturing and automotive industries.”

“For retailers to stay one step ahead of their customers’ needs, it’s imperative for them to know exactly where their inventory stands at all times,” said Punsiri Amatyakul, Executive Consultant, MFEC Public Company Limited. “The Build with Confluent program helped us quickly develop a solution offering that integrates retailers’ inventory data from all places to power a real-time visualization dashboard. Now teams are better equipped to make vital business decisions across online sites, in-person storefronts, and third-party sellers based on the latest data trends.”

Become a Confluent Partner Today!

Confluent’s partner programs go beyond conventional partnership models by placing a strong emphasis on collaboration. At its core, data streaming is about bringing together data from all parts of a business and partners play a pivotal role in making that possible. Join Confluent’s vibrant partner ecosystem, across system integrators, cloud partners, and technology partners.

Additional Resources

• Read the blog for more details on the Build with Confluent partner program
• Learn more about Confluent’s partner programs
• See how Confluent is helping its customers transform their businesses

About Confluent

Confluent is the data streaming platform that is pioneering a fundamentally new category of data infrastructure that sets data in motion. Confluent’s cloud-native offering is the foundational platform for data in motion—designed to be the intelligent connective tissue enabling real-time data, from multiple sources, to constantly stream across the organization. With Confluent, organizations can meet the new business imperative of delivering rich, digital front-end customer experiences and transitioning to sophisticated, real-time, software-driven backend operations. To learn more, please visit www.confluent.io.

Confluent and associated marks are trademarks or registered trademarks of Confluent, Inc.

Apache^® and Apache Kafka^® are either registered trademarks or trademarks of the Apache Software Foundation in the United States and/or other countries. No endorsement by the Apache Software Foundation is implied by the use of these marks. All other trademarks are the property of their respective owners.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240611842493/en/

Media Contact

Lyn Eyad

pr@confluent.io

Source: Confluent, Inc.

FAQ

What is 'Build with Confluent'?

'Build with Confluent' is a new partner program by Confluent designed to help system integrators develop and market data streaming use cases more quickly.

What stock symbol is associated with Confluent's new program?

The stock symbol associated with Confluent's new program is NASDAQ:CFLT.

What are the benefits of the 'Build with Confluent' program?

Benefits include specialized software bundles, expert certification, and access to Confluent's Go-To-Market teams for enhanced market visibility.

How does 'Build with Confluent' help system integrators?

The program helps system integrators by providing ready-to-deploy software, certification from experts, and GTM support to speed up solution development and market entry.

Why is data streaming important according to the press release?

Data streaming is important as 86% of IT leaders prioritize it for 2024, indicating its necessity for powering real-time customer experiences and applications.

What are some early use cases developed with 'Build with Confluent'?

Early use cases include GenAI bots for airline customer support and fraud detection against AI-powered voice phishing.

How does the Confluent program aid in transitioning from traditional systems?

The program includes Confluent’s Migration Accelerator to help partners smoothly transition from traditional messaging systems and Apache Kafka.

What is the market size Confluent aims to tap into with this new program?

Confluent aims to tap into the $60 billion data streaming market with this new program.