Kinetica, provider of the world’s fastest GPU-accelerated relational database, today announced it has been selected the winner for the 2017 Ventana Research Digital Innovations Awards in Big Data. Ventana Research, one of the most authoritative and respected benchmark business technology research and advisory services firms, recognized Kinetica for its enterprise-grade GPU-accelerated database. The Digital Innovation Awards, presented annually, identify the technologies that have the most striking impact in their respective markets and recognize pioneering vendors that contribute advancements in technology, drive change, and increase value for organizations worldwide.
These Digital Innovation Awards span across the 9 areas of expertise at Ventana Research. Kinetica won for Big Data, an award for a technology vendor that best exemplifies innovation in big data and related technologies for supporting data and information management related needs.
“We are honored with this significant recognition from such a highly regarded research organization that keenly understands the technology landscape and the innovation required to drive meaningful insights from data for customers,” said Amit Vij, CEO and co-founder, Kinetica. “Kinetica converges AI and BI in a single database simplifying the data pipelines for faster query, reporting, analytics, and machine learning. Until now, organizations have typically needed to extract data to specialized environments to take advantage of GPU acceleration for data science workloads, such as machine learning and deep learning. Kinetica now makes it possible for sophisticated data science models to be developed and made available on the same database platform as is used for business analytics.”
The annual Digital Innovation Awards are delivered by the Ventana Research team, which through its benchmark research, on-demand advisory and education continues to pioneer new methods for organizations to become efficient and effective in their business. As part of the scoring process and methodology, Ventana Research examines the submissions to evaluate the technology innovative approach but also how it applies to the people, processes, information and technology, the best practices it supports, the degree of team involvement and the technologies, business impact, and value. Ventana Research invited all technology vendors to participate by nominating their innovations to be considered for the awards. Award winners were selected based on their technology and the extent to which they help organizations innovate or enhance the productivity and outcomes of their business or IT processes.
“I would like to thank all of the technology suppliers that submitted for the 2017 Ventana Research Digital Innovation Awards; the volume and quality of submissions were exceptional this year,” said Mark Smith, CEO and Chief Research Officer at Ventana Research. “The level of digital innovation in technology continues to grow dramatically, making the challenge to select the winner in each category greater every year. Congratulations to this year’s winners for their investments into technology; they are advancing the industry and supporting the needs of organizations through their products and technology.”
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Kinetica helps many of the world’s largest companies solve some of the world’s most complex problems, including the US Air Force, NORAD, USPS, Citibank, Telkomsel, MSI, OVO, and Softbank, among others. Kinetica is the first streaming data warehouse in the cloud to combine historical, streaming, and location data analysis at unparalleled performance and scale, for instant results.
Organizations across the public sector, financial services, telecommunications, energy, healthcare, retail, automotive,and beyond can load and analyze fast-moving data simultaneously, delivering instant insight. Kinetica offers flexible deployment, pricing, and support models across private and public clouds.
Kinetica has a rich partner ecosystem, including Dell, HP, IBM, NVIDIA, and Oracle and is privately held, backed by leading global venture capital firms Canvas Ventures, Citi Ventures, GreatPoint Ventures, and Meritech Capital Partners. For more information and to try Kinetica, visit kinetica.com or follow us on LinkedIn and Twitter.