With a hybrid approach to big data storage, companies can combine the high performance and speed capabilities of in-memory while solving the storage issues by putting the vast historical data sets on disk. By bridging available technologies, companies can deliver on all counts – including cost.
IBM (NYSE: IBM) announced today that Ping An Insurance (Group) Company of China, Ltd. (Ping An), the largest private insurer in the country, has implemented an IBM Software Defined Storage solution to help it speed data collection from one month to one hour, dramatically improving its ability to meet new regulatory requirements such as the annual audit and industrial data analysis.
Collibra, named a leader in the recent Forrester Wave on Data Governance Tools, announced its award-winning platform has been further optimized with the launch of advanced platform version 4.3.
Tidemark, maker of modern cloud-first business planning and enterprise analytics solutions, announced it has added a new and innovative collection of features that brings advanced analytics to the office of finance.
Service quality is one of the most prominent reasons why customers switch banks. With credit card transactions and loyalty programs, banks possess far more data about customers than any other industry. But in spite of all the data, banks are unable to effectively deliver personalized service. The reason?
“We give Hadoop the predictability it needs, let organizations see what it’s doing (with detailed usage metrics for every user, job, and task, in real time), and help organizations get the most out of their hardware investment. We are not for the organizations that have just entered into their first Hadoop project (because they don’t rely on it… yet). We are here for those who already rely on the business-critical data and functionality Hadoop can deliver.”
Volante Technologies, a global leader in the provision of innovative financial data integration, today announced that it has enhanced Volante Designer version 5.0 to support the Hadoop® framework.
“ParStream is a columnar database with a hybrid in-memory storage and a shared nothing architecture. Based on patented algorithms for indexing and compressing data, Parstream uniquely combines three core features: Analyzing billions of records in sub seconds, continuous fast import with up to 1 million rec/s and a flexible, interactive analytics engine with a SQL interface.”
“Our architecture permits tens of thousands of SSDs to be connected together and accessed in a parallel and concurrent way using direct mapping of memory accesses from a local machine to the I/O bus and memory of a remote machine. This feature allows for data transmission between local and remote system memories without the use of operating system services. It also enables a unique linear scalability of SSDs bandwidth and IOPS and consequently allows computation and data access to scale together linearly. This totally eliminates the bottleneck in bandwidth or IOPS and provides optimal dimensions of performance, capacity, and computation with an unmatched flexibility at a fraction of the costs.”
“This industry has been racing for latency, and no one has really won except hardware vendors. It’s been three years of pain and probably more to come for many. Now, the industry needs technology to be safer, more reliable, and more focused on performance. Lucera is acutely focused on each of these, while finally adding democratization to the world of infrastructure. We allow firms to focus on what really matters – what adds value to their business – while we uncover their operational alpha and decrease latency across the board.”