Kinetica sees strong demand for GPU-accelerated analytics database in Asia Pacific Japan, appoints former Cloudera executive ...
2017年7月26日 - 11:00AM
JCN Newswire
Kinetica, provider of the fastest GPU-accelerated database,
today announced it will focus on broadening technology adoption in
the Asia Pacific Japan region as part of its next phase of growth.
Organisations that will benefit from using Kinetica are enterprises
that handle large volumes of data including banking, oil and gas,
automotive, healthcare, telecom, airline, logistics and delivery,
and retail and e-commerce companies.
The expansion follows Kinetica's recent US$50 million Series A
funding co-led by Canvas Ventures and Meritech Capital Partners,
with the participation of new investor Citi Ventures and existing
investor Ray Lane of GreatPoint Ventures and former President and
COO at Oracle.
NVIDIA GPUs take traditional database operations and accelerate
them by using thousands of small, efficient cores that are well
suited to performing repeated similar instructions in parallel.
This allows businesses to analyse high volume, unstructured, and
moving data sets faster, using machine learning, BI analytics, and
visualisation. Kinetica supports processing data 100 times faster
than a legacy database, at a tenth of the cost associated to
investing in hardware. It can be installed on premises or run in
the cloud with Amazon Web Services, Microsoft Azure and Google
Cloud.
Anticipating a huge demand for database analytics in the market,
Kinetica announced the appointment of Joseph Lee as Vice President,
Asia Pacific Japan, whose primary focus is to create visibility for
the brand, accelerate Kinetica's deployment in the region, drive
customer success, and strengthen partnerships. Lee will propel
business growth for Kinetica in Southeast Asia, Australia, Japan
and Korea.
Lee brings with him 16 years of a successful track record in
enterprise software sales leadership with advanced domain knowledge
in telecommunications, financial services and retail/e-commerce.
Lee joins Kinetica from Cloudera where he was the Senior Director
of ASEAN and India, and was named Cloudera's Global Sales Leader of
the Year FY17, after building his team from scratch in only three
years. Prior to Cloudera, he held sales director roles at Cisco and
TIDAL Software.
"We are thrilled about the business prospects for Kinetica in the
Asia Pacific Japan region and we see our foray into this market
successfully contributing to our overall growth strategy," said
Amit Vij, CEO and Co-Founder at Kinetica. "With the tremendous rise
in commercial activities in APJ across various sectors including
banking and finance, healthcare, telecommunications, retail and
ecommerce, enterprises are going to sharpen their focus on making
intelligent decisions leveraging the data that resides within their
business. We are confident that Joseph's experience and track
record in enterprise software and prior experience in both startup
and multi-national companies will accelerate customers' success in
the region," Vij added.
Research firm IDC's Worldwide Semiannual Big Data and Analytics
Spending Guide reported the Asia Pacific region as the third
largest market for big data and analytics solutions with spending
forecast to reach US$13.6 billion in 2017. As more companies and
industries in Asia Pacific shift towards data-driven decision
making, demand for highly efficient big data and analytics
technologies will increase significantly. This presents a lucrative
opportunity for Kinetica as Asia Pacific is expected to experience
the fastest growth at a compound annual growth rate (CAGR) of 14.4%
by 2022 in big data and business analytics spending.
"Today's deluge of data in the business requires transformation in
data processing. Our broadly applicable GPU-accelerated database
will power the future of analytical and AI applications.
Enterprises who want to profit from rapid decisions using the
totality of their data - from sensors in cars, behavior from
customers, signals in banking systems, patterns from medical
devices - should consider Kinetica," said Joseph Lee, Vice
President, Asia Pacific Japan, Kinetica.
"Our joint solution with Kinetica will provide businesses in the
APJ region unmatched performance for accelerated analytics. Large
enterprises can revolutionize their data-crunching tasks and in
other areas, for instance, IoT data and analytics, businesses can
analyse field-deployed devices such as autonomous cars, offshore
oil rigs, cell towers, factories and heavy machinery," said Raymond
Teh, Vice President, Asia Pacific, NVIDIA.
Kinetica was initially developed for the US Army Intelligence and
Security Command and the National Security Agency to track and
capture terrorists in real time. The result was an enterprise-grade
SQL database built from the ground up, powered by GPUs, that
provides instant results and the ability to visualize insights
across massive, streaming datasets. The product has since been
deployed by the United States Postal Service, GlaxoSmithKline,
PG&E, IronNet Cybersecurity and one of the world's largest
retailers.
About Kinetica
Headquartered in San Francisco, Calif., Kinetica is the provider of
the only GPU database to combine data warehouse, advanced
analytics, visualizations, and is optimized for running machine
learning and deep learning models. With Kinetica, users can
simultaneously ingest, explore, analyze and visualize fast-moving,
complex data within milliseconds to make critical decisions and
find efficiencies, lower cost, generate new revenue and improve
customer experience. Customers in verticals such as financial
services, retail, healthcare, utilities and public sector use
Kinetica for fast OLAP, convergence of AI and BI, and geospatial
analytics. Amazon, Cisco, Dell, Google, HP, IBM, Microsoft, NVIDIA
and Tableau are part of the Kinetica ecosystem of cloud, hardware,
server and software partners. Investors include Canvas Ventures,
Citi Ventures, GreatPoint Ventures, and Meritech Capital Partners.
For further information, please visit www.kinetica.com.
Media Contact
PRecious Communications for Kinetica
Melinda Ilagan / Ooi Shi Yun
Tel +65 3151 4760 Email kinetica@preciouscomms.com
配信代行: JCN
Source: Kinetica
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