The second phase, more commercial of course and worldwide, is associated to Kinetica. The structure was born early 2016 with seed founding from Ray Lane, former Oracle executives. One year later, the company raised a series A of $50M and Paul Appleby joined as CEO to immediately put senior DNA at the exec level. The entity was incorporated for the long run and has already more than 100 employees. Since 2018, market adoption has accelerated in many verticals.
Kinetica argues, we all agree, that data is the new oil fueling the business. Good examples are smart applications, IoT, social media, medical, AI driven insights... So having the right engine to compute a vast amount of data is critical. Key fundamentals elements are:
- GPU to process things in parallel,
- In-memory to boost response time,
- distributed to offer scalability,
- streaming, ingest and on-the-fly analytics,
- SQL-style query capability to facilitate adoption and applications integration with finance, retail, healthcare, telecom or energy vertical use cases.
The company is ready to address 2019 challenges, among them real-time use cases, IoT demanding environments and AI as a key business differentiator.
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