Acquisition will Streamline How Companies Share, Govern, and Monetize Data
Talend (NASDAQ: TLND), a global leader in cloud and big data integration solutions, today announced its acquisition of all outstanding shares of Restlet SAS, a cloud-based API design and testing platform. Restlet uses the cloud to provide powerful API design, documentation, testing and hosting capabilities to developers. Restlet’s technology will complement Talend Data Fabric’s existing ability to integrate, transform, govern and share enterprise data by making it easier for customers to take an API-first design approach to monetizing and securely sharing information in real-time with clients and business partners.
“We see several of our customers investing in building cloud data lakes, but there aren’t many solutions that can help transform and share data in the lake with external applications,” said Ciaran Dynes, SVP, Products, Talend. “Current API solutions tend to focus exclusively on app-to-app connectivity versus transforming, governing and sharing data. The addition of Restlet will extend our data integration platform with API capabilities so customers can share data more pervasively and optimize performance across their entire value chain.”
Gartner research states, “The requirement of digital business for converging application and data integration is forcing organizations to develop more flexible and coherently intertwined integration approaches.”1 Digital business transformation is forcing organizations to increasingly share data not only across business divisions, but beyond the walls of their organization. Additionally, in today’s age of increased data regulations, security breaches, etc., companies need more comprehensive solutions for sharing data and applications in a secure and governed way.
In addition to helping streamline data sharing, Restlet’s API technology lends itself to creating new opportunities for Talend customers to monetize their data. For example, farmers or fertilizer manufacturers that collect agricultural data can sell that information to commodities traders who would use it to inform investment decisions. Talend believes that increasing data volumes and the use of data lakes will help fuel interest in data monetization across a range of industries.
The Restlet API platform will initially be deployed as part of Talend Integration Cloud. The combined solution will also include new support for open source projects such as Swagger and RAML. The combined solution will be compatible with third-party API gateways, such as Google Apigee. Later, more of Restlet’s capabilities will be incorporated into the broader Talend Data Fabric integration platform.
“A growing number of integration projects follow an API-First strategy, starting from the consumer needs back to the assets available in the data lake rather than the other way around,” said Jérôme Louvel, Founder, Board member and former CTO of Restlet. “APIs and Data are two sides of the same coin in integration initiatives. We’re very excited to join Talend in delivering an open source-based and visual solution to empower a new level of data sharing within and outside an organization.”
Jérôme Louvel is joining Talend along with the 16-member team based in Nantes, France. For additional insights on the benefits the Restlet acquisition will bring to Talend customers, read this blog. Further information on Talend and its complete portfolio of cloud and big data integration solutions can be found at www.talend.com. For more details on Restlet’s comprehensive API cloud platform and open source API framework for the Java platform, visit https://restlet.com/.
1 Gartner, Inc. “Converging Data and Application Integration: A Step Toward Pervasive Integration Using a Hybrid Integration Platform,” Eric Thoo, Keith Guttridge, Elizabeth Golluscio, 18 August 2017.