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    Techfino raises Rs 65 crore to scale secured MSME lending

    Techfino raises Rs 65 crore to scale secured MSME lending

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    FlexiLoans bags Rs 375 crore in equity funding in Series C round

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    J&K Bank introduces API-based open banking services for corporate clients

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    Ambit Finvest and DCB Bank to boost MSME lending through co-lending model

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    UGRO Capital appoints Anuj Pandey as new CEO

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    Crisil invests Rs 33.25 crore to acquire minority stake in Online PSB Loans

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Cloudera to assist PhonePe for hybrid data management

With the Cloudera Data Platform (CDP), PhonePe initiates migration of a portion of their data to the cloud, ensuring enhanced scalability, agility and reliability

B2B Market Media by B2B Market Media
2 years ago
in Fintech, Technology
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Cloudera to assist PhonePe for hybrid data management
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PhonePe has selected the Cloudera Data Platform (CDP) to achieve greater operational efficiencies, and for higher scalability, agility, flexibility and reliability. CDP will help PhonePe to shift some of its workloads to the cloud, with the rest of the workloads remaining on-premise, according to a statement released by Cloudera yesterday.

The statement said that PhonePe manages the scale of its data cluster on a monolithic infrastructure. Answering the call for expanding data challenges, Cloudera introduced CDP and offered a unified data solution that seamlessly integrates data management and analytics on-premise and cloud environments.

Further, Cloudera’s Shared Data Experience (SDX) will ensure that the CDP is secured by design and will also enable PhonePe to access the data irrespective of its location, without compromise. CDP’s flexibility will empower PhonePe to achieve its various business needs through flexible workload migration. It will also give the company an enhanced layer of support by helping PhonePe in a seamless transition to use of CDP and related subscription-based support services, allowing PhonePe to focus more on continued innovation of its data architecture, the statement noted.

“….With this partnership, we are confident in achieving greater operational efficiencies, and delivering an even better customer experience. This collaboration marks a significant milestone in our data journey, and we are excited about the endless possibilities that lie ahead,” said Kisalay Ranjan, Head – Engineering, PhonePe, in the statement.

“Cloudera engaged in discussions with PhonePe to comprehend the challenges, preferences and long-term objectives, to accordingly develop customised solutions that align with their business goals, ” said Mayank Baid, Regional Vice President, India, Cloudera, in the statement.

He further added, “Our hybrid data platform includes an observability solution that offers maximum workload visibility, enables predictability of the workloads, and further minimises the operational overheads.…..”

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