Kinetica, provider of the fast in-memory database accelerated by GPUs, has raised $6 million. Kinetic is selling to the government sector – the company helped the US Army Intelligence and Security Command to track terrorist and other national security threats in real time, producing instant results while visualizing insights across more than 200 sources of streaming datasets. The data warehouse acceleration market is forecast to grow at a compound annual growth rate (CAGR) 23%. Brute force approach of throwing more CPU computing power at the BI problems doesn’t scale up and hasn’t for a very long time. Three data warehouse acceleration technologies are currently emerging and much of the necessary knowledge, infrastructure and experience are already in place, though not widely. These technologies are in-memory computing, FPGA (field-programmable gate arrays) and GPGPU (general-purpose computing on graphics processing units).
Spying costs, in a big way. Booz Allen Hamilton Inc., McLean, Virginia (HHM402-15-D-0014), one of the largest Intelligence Community IT contractors and former employer of Edward Snowden, was awarded a five-year time and materials task order with a … [Continue reading]
Fauna Inc., a San Francisco-based startup, comes up to this world with an new model of database, defined as adaptive operational database. Fauna DB is built upon unified query language that bridges both SQL and NoSQL worlds: it’s ACID consistent and … [Continue reading]
Cornami, a high-performance computing company, has closed Series B financing round of $3 million. Yatish Mishra, the company president & COO, says: “Cornami has developed a disruptive technology for efficient multi-core processing that will change … [Continue reading]
Salesforce has dropped a bomb by announcing Einstein AI service that collects and analyzes all the data stored in Salesforce to push out recommendations, so the user can close deals faster or build a larger group of leads. It happened just a few … [Continue reading]