BBVA is a multinational banking group, currently the second biggest bank in Spain, which operates in 31 countries and counts with 51 million clients. Stratio has successfully deployed a Big Data Lake collecting both security and application logs with an architecture based on Apache Spark and Apache Tachyon enabling disk-based storage and memory-centric processing. This solution allows to analyze disparate sources of data in its native format by only using Spark SQL, eliminating the upfront costs of data ingestion, like transformation. Once data is placed into the lake, it’s available for analysis by everyone in the organization.
Oscar Méndez is Co-founder and CEO of Paradigma Tecnólogico and Stratio. Paradigma is an Internet solutions company with clients, mostly IBEX 35 companies, in Spain and in 14 other countries. Stratio is a spin-off of Paradigma using the best of breed of Big Data technologies to cater for clients world-wide. Stratio is based in Palo Alto, CA.