AP NEWS
Press release content from Business Wire. The AP news staff was not involved in its creation.
PRESS RELEASE: Paid content from Business Wire
Press release content from Business Wire. The AP news staff was not involved in its creation.

Credit Suisse Names Confluent a Disruptive Technology Award Winner

December 19, 2019 GMT

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Dec 19, 2019--

Confluent, Inc., the event streaming platform pioneer, today announced it has been named a winner of Credit Suisse’s 2020 Disruptive Technology Recognition (DTR) Program, an annual recognition of the top disruptors of traditional enterprise information technology.

“Enterprise IT is under immense pressure to rapidly transform digital services to meet customers’ rising expectations for highly secure, personalized and valuable experiences,” said David Patten, CIO of Investment Banking Capital Markets, Credit Suisse. “With the ability to combine real-time results with historical events, Confluent is leading the charge in helping enterprises discover new services and modernize existing ones with the power of event streaming.”

“Confluent was founded on the big idea that the architecture and operation of modern digital companies will be built on event streaming,” said Jay Kreps, co-founder and CEO, Confluent. “Our mission moving forward is to enable companies like Credit Suisse to easily and securely re-architect their business around this idea. Receiving this recognition underscores the evolution of the event streaming category - now any company can put event streaming at the heart of its business.”

The DTR Program was established to promote innovation and collaboration at the bank and at partner firms. It is a joint initiative between Credit Suisse’s Investment Banking and Capital Markets division and Group Chief Information Officer function that evaluates game-changing companies focused on improving enterprise technology with broad applicability across industries.

Founded by the original creators of Apache Kafka®, Confluent has pioneered event streaming with the goal of making event-driven, real-time data accessible to any business. By removing limitations on the scalability, performance and resiliency of Kafka’s event streaming data, Confluent has empowered businesses to more effectively ingest and draw insights on data in real time for game-changing competitive advantages. Kafka has been adopted by nearly two thirds of the Fortune 100 as businesses across financial services, retail, automotive and more are making event streaming a core part of their businesses.

Additional Resources:

About Confluent

Confluent, founded by the original creators of Apache Kafka®, pioneered the enterprise-ready event streaming platform. With Confluent, organizations benefit from the first event streaming platform built for the enterprise with the ease of use, scalability, security and flexibility required by the most discerning global companies to run their business in real time. Companies leading their respective industries have realized success with this new platform paradigm to transform their architectures to streaming from batch processing, spanning on-premises and multi-cloud environments. Backed by Benchmark, Index Ventures and Sequoia Capital, Confluent is headquartered in Palo Alto and London with offices globally. To learn more, please visit www.confluent.io. Download Confluent Platform and Confluent Cloud at www.confluent.io/download.

Confluent and associated marks are trademarks or registered trademarks of Confluent, Inc.

Apache® and Apache Kafka® are either registered trademarks or trademarks of the Apache Software Foundation in the United States and/or other countries. No endorsement by the Apache Software Foundation is implied by the use of these marks. All other trademarks are the property of their respective owners.

View source version on businesswire.com:https://www.businesswire.com/news/home/20191219005115/en/

CONTACT: PR Contact

Lyn Canilao

pr@confluent.io

KEYWORD: CALIFORNIA UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: TECHNOLOGY VOIP AUDIO/VIDEO TELECOMMUNICATIONS SOFTWARE INTERNET

SOURCE: Confluent, Inc.

Copyright Business Wire 2019.

PUB: 12/19/2019 10:00 AM/DISC: 12/19/2019 10:01 AM

http://www.businesswire.com/news/home/20191219005115/en