Confluent Migration Accelerator Simplifies the Switch to a Complete Data Streaming Platform
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Insights
Confluent's launch of the Migration Accelerator program is a strategic move to capitalize on the growing demand for efficient data streaming solutions. By collaborating with its partner ecosystem, Confluent is addressing a critical bottleneck for businesses looking to transition from Apache Kafka and other traditional streaming infrastructures. The program's potential to reduce migration barriers can lead to an increase in Confluent's market share, as it simplifies the process for enterprises to adopt their platform.
Moreover, the partnership with major cloud providers like Amazon Web Services could enhance Confluent's value proposition. This collaboration may result in a seamless integration experience, encouraging more businesses to migrate. Such initiatives can positively affect Confluent's revenue streams and strengthen its competitive position in the streaming data platform market, which is essential for investor consideration.
Confluent's initiative to ease the migration process for businesses reflects an understanding of the operational challenges faced by enterprises in managing open-source Kafka. The Migration Accelerator program is likely to resonate with organizations that recognize the value of real-time data but are deterred by the complexity and resource requirements of maintaining robust streaming infrastructure.
By providing tooling and support to address Kafka's limitations, such as the lack of out-of-the-box functionalities like elastic scalability and failover processes, Confluent is positioning itself as a solution provider that enhances productivity and innovation. This move could lead to increased adoption of Confluent's platform, as it allows businesses to focus on high-value projects rather than on maintaining their data infrastructure. The technological implications of this program could be significant, potentially setting a new industry standard for streaming data platforms.
The announcement of the Confluent Migration Accelerator is likely to be viewed favorably by investors, as it demonstrates Confluent's proactive approach to expanding its customer base and addressing market needs. By alleviating the operational burdens associated with open-source Kafka, Confluent is not only enhancing its service offering but also potentially increasing its recurring revenue through new enterprise subscriptions.
Investors should consider the long-term financial implications of this program, such as customer retention rates and the potential for upselling additional services. Confluent's recognition as a Leader in The Forrester Wave™: Streaming Data Platforms, Q4 2023, further underpins its market credibility and could influence investor confidence. The strategic partnerships with industry giants like AWS may also lead to co-marketing opportunities, further amplifying Confluent's market presence and potentially impacting its stock performance positively.
New program provides an “easy button” with Confluent’s partner ecosystem to augment teams, fund migrations and expedite data streaming journeys
Real-time data is critical for modern businesses to drive new customer experiences, improve business operations and fuel innovation across products and services. Open-source Apache Kafka® has gained widespread adoption as a way to harness real-time data, with over 100,000 global organizations and
Confluent has helped over 4,900+ global enterprises start their data streaming journey and was recently named a Leader by Forrester Research in The Forrester Wave™: Streaming Data Platforms, Q4 2023. The report states, “streaming data is the pulse of an enterprise.” What was once a nice-to-have, is now indispensable for any organization to operate in real time.
Several Confluent partners have joined the Confluent Migration Accelerator to make this migration easier. Launch partners for the Confluent Migration Accelerator include Amazon Web Services (AWS), EPAM, Google Cloud, iLink, Improving, Microsoft Azure, Platformatory, Psyncopate, CloudMile, Ness, and SVA System Vertrieb Alexander GmbH. Confluent will continue to grow the program by bringing in more partners with innovative migration solutions to help customers scale faster.
“Organizations that rely on traditional data infrastructure or less complete Kafka alternatives are burdened with static data that prevents them from flourishing,” said Paul Mac Farland, VP of Partner and Innovation Ecosystem, Confluent. “The Confluent Migration Accelerator will make it easy for organizations to swiftly reap the benefits of the only data streaming platform that streams, governs, processes and connects real-time data. Confluent empowers customers to leverage valuable legacy data to power modern, cloud-based apps and experiences.”
Key benefits of the Confluent Migration Accelerator include:
- Press the “easy button” for a simplified migration - Partner with leading data streaming experts to augment staff, access funding credits (subject to approval), and accelerate the migration with packaged migration offerings. We have a global network of Confluent certified system integrators that are ready to help assist the switch to Confluent.
- Upgrade with confidence - Migrate to the leading cloud-native and complete data streaming platform that can run everywhere and in any combination of on-prem, hybrid cloud and multi-cloud deployments. Confluent’s Kora Engine powers Confluent Cloud to deliver faster performance and lower latency than open source Apache Kafka. Multi-tenancy, elasticity, data balancing, network costs, and more are all optimized with our cloud native platform to reduce spend on infrastructure. Moving to Confluent will help automate every layer of the stack to monitor, debug, and build with the most complete data streaming platform on the market.
- Save money and time - Move to Confluent to unlock significant cost savings in comparison to traditional data streaming platforms and open source Kafka.
For more information on how to get started in the Confluent Migration Accelerator, please click here.
Additional resources
- Read this blog post for more information about the Confluent Partner Migration Accelerator
- Download a complimentary copy of the full Forrester Wave™: Streaming Data Platforms, Q4 2023 report.
- Read the blog for more details on Confluent’s placement in The Forrester Wave™: Streaming Data Platforms, Q4 2023.
- Check out the Apache Kafka Reinvented For the Cloud eBook
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.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240213809398/en/
Media Contact
Natalie Mangan
pr@confluent.io
Investor Contact
Shane Xie
investors@confluent.io
Source: Confluent, Inc.
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