New funding backs regional system integrators to accelerate businesses’ transition to real-time applications through SAP data integration and TIBCO migrations

AUSTIN, Texas, September 18, 2024--(BUSINESS WIRE)--Confluent, Inc. (NASDAQ:CFLT), the data streaming pioneer, today announced investments in two regional system integrators (RSIs) to meet rising demand for complete data streaming platforms and bring real-time applications to businesses everywhere. RSIs that received this are Onibex, which leverages Confluent Cloud to connect SAP data to other operational systems in real time, and Psyncopate, which provides specialized expertise in migrating legacy TIBCO infrastructure to Confluent’s complete data streaming platform (DSP).

According to Confluent’s latest data streaming report, the vast majority of IT leaders (86%) cite data streaming as a strategic priority for IT investment. As organizations continue to gain significant ROI and benefits from real-time data, there is an increasing need for data streaming platforms across a wide range of business functions and industries. ISG Software Research states "by 2026, more than one-half of enterprises will adopt specialist real-time analytic data platforms to develop and support data-intensive operational applications."

RSIs serve as crucial partners in helping customers make the transition to real-time data architectures. This investment from Confluent will enable both Onibex and Psyncopate to scale their real-time data practices, accelerate development of high-value use cases, and drive customer success.

"We cannot capture the $60 billion data streaming market alone," said Paul Mac Farland, SVP of Partner and Innovation Ecosystem, Confluent. "Partners like Onibex and Psyncopate play a critical role in building a strong data streaming ecosystem that solves our customers’ biggest data challenges. Together, we can enable real-time innovation and transform the future of business with data streaming."

How Onibex and Psyncopate fuel customer growth with data streaming

Onibex and Psyncopate are both proven Confluent partners, having been selected for the recently launched "Build with Confluent" partner program. Rather than starting from scratch, Build with Confluent gives RSIs access to Confluent’s DSP—the market’s most comprehensive solution for connecting, streaming, processing, and managing customer data anywhere—so partners can build joint solutions faster.

For example, SAP data is a vital business asset that powers enterprises around the globe, but many organizations find connecting SAP systems to other data sources to be challenging and complex. Onibex’s proprietary "One Connect" solution takes advantage of Confluent’s DSP to connect SAP operational data to other systems that manage real-time use cases such as sales analytics, inventory management, and order fulfillment.