ServiceNow has acquired Berlin-based Swarm64, a database performance company. With Swarm64, ServiceNow will help customers more effectively and efficiently manage data across many different use cases to execute complex, high-speed data analytics at a mass scale.
Customer environments have experienced an explosive growth in data volume. Swarm64’s expertise in database performance and scalability allows ServiceNow to plan for the future by helping us deliver increasingly larger and more intelligent workflows for its customers.
Swarm64 was co-founded in 2013 by CEO Thomas Richter with a team focused on one mission: to accelerate PostgreSQL database performance. Swarm64 offers a combination of the analytical and transactional database capabilities that support large-scale, intelligent workflows and enable best-in-class performance and scalability for the customers.
The combination of ServiceNow and Swarm64 means customers can query more data sources faster than ever, significantly expanding the scalability of the Now Platform.
In addition to bringing new database talent to ServiceNow’s engineering ranks, the acquisition of Swarm64 signifies ServiceNow’s latest investment in open source.
Swarm64’s open-source-based database technology works extremely well for large-scale datasets, ultimately helping customers obtain the enterprise-wide insights needed to handle high volumes of data transactions and run sophisticated analytics in real time.
ServiceNow expects to complete the acquisition of Swarm64 in Q3 2021.