MVISE AG: Riversand and elastic.io Announce Strategic Partnership

Riversand partners with elastic.io to provide faster application integration and ensure faster time-to-market

Houston, TX - October 23, 2018 - Riversand, a leading cloud Master Data Management (MDM) and Product Information Management (PIM) solution provider, today announced a partnership with elastic.io, a Germany-based integration platform as a service (iPaaS) provider, to provide customers with faster and more efficient integrations with a wide range of systems and software products.

"Data has now become an organization's most important strategic asset," said Sudu Gupta, Dir. of Product Management & Strategic Alliances at Riversand. "This partnership brings to the market what our clients and partners need to support their transformational digital efforts - the synchronization of data to various end points with speed, flexibility and scalability. As a technology born in the cloud, elastic.io iPaaS is the ideal match for our cloud-based MDM and PIM solutions."

As part of the partnership, Riversand is embedding the elastic.io application integration platform (iPaaS) into their own Riversand Data Platform, ensuring seamless and flexible data exchange between disparate data sources both in the cloud and behind the firewall. Additionally, the leading MDM and PIM provider will use elastic.io's state-of-the-art integration designer tool to build new integrations considerably faster compared to traditional methods and solutions. Riversand customers will be able to connect to enterprise end-points and data-rich services like language translation, business entity verification & validation, and much more by leveraging bi-directional message choreography in a flexible way and in a fraction of the time.

"Application integration and data management go hand in hand; one cannot bring the data to its full potential without the other," said Renat Zubairov, CEO of elastic.io. "That is why we are particularly excited about partnering with Riversand. Through this cooperation, our customers, too, can now obtain a deeper understanding of their business processes and integrate data on a much deeper level than ever before."

About elastic.io:
elastic.io is a born-in-the-cloud SaaS innovator that provides an Integration Platform as a Service (iPaaS) to telecom carriers, enterprises, system integrators and software vendors since 2013. In 2017, elastic.io became part of mVISE Group, a German publicly listed IT consulting company with over 15 years of enterprise IT consultancy and project experience.
To find out more, please visit www.elastic.io und www.mvise.de.

About Riversand
Riversand cloud-native master data management solutions are designed to support customers' digital transformation journeys through improved business agility, faster adoption and improved collaboration across the enterprise. Riversand has a vision of helping companies know their customers better, move products faster, automate processes, mitigate risk and run their businesses smarter. Our customers, partners and analysts recognize us as a trusted partner, visionary and a leader. Visit Riversand.com for more information and follow us @RiversandMDM on Twitter and Riversand on LinkedIn.