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+ Techno World Inc - The Best Technical Encyclopedia Online! » Forum » THE TECHNO CLUB [ TECHNOWORLDINC.COM ] » Techno News
 Actian Acquires MPP Big Data Market Leader ParAccel
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Actian Acquires MPP Big Data Market Leader ParAccel
« Posted: April 26, 2013, 05:20:35 PM »


Redwood City, Calif  Actian Corp. (“Actian”), a next-generation leader in big data management, today announced the immediate acquisition of ParAccel, a leader in high-performance analytics.

The acquisition further strengthens Actian’s unique position as a major global player with one of the most powerful infrastructure portfolios to deliver business value from big data.

“Actian is building a modern, highly innovative end-to-end database, integration and analytics solution aimed squarely at solving today’s growing data challenges,” said Robin Bloor, chief analyst and co-founder, The Bloor Group.  “With the ability to capture, ingest, analyze and take action on data at scale, Actian is now very powerfully positioned in the big data and data analytics markets.”

“Today’s software will fail to cope with complexities of big data,” said Steve Shine, CEO of Actian.  “The Actian software portfolio, which is specifically designed to fully exploit modern hardware architectures, arms organizations with an unmatched single platform to connect to any data, analyze it at scale for relevance and take action to turn big data into business value.”

A selection of Actian’s big data innovation includes:

Actian DataCloud: A cloud platform for managing data including a powerful integration suite architected to provide frictionless and elastic access to any data on premises or in the cloud.

Actian Vectorwise, Actian RushAnalytics and ParAccel: Analytic suite architected to exploit modern chips and multi-core servers to provide predictive and ad-hoc analysis at extreme scale and speed, including the acceleration of today’s Hadoop solutions.

Actian Action Apps: Architected specifically for business users to be able to take action on any business event as it happens directly from their mobile device.

“ParAccel is being used by many of the world’s leading companies including Amazon, The Royal Bank of Scotland, OfficeMax and MicroStrategy to set them apart from their competition through analytics,” said Chuck Berger, CEO of ParAccel.  “With Actian, they have immediate access to a broader portfolio of solutions to turn their data into value.”

Joint customers of Actian and ParAccel already experience the value of the combined solution set.  “As a provider of right-time business intelligence as a service to innovative automotive manufacturers and dealerships, Autometrics aggregates data from 150 sites totaling millions of records per day, which must be deduplicated, loaded, analyzed and validated in shorter and shorter timeframes to drive clients’ critical business decisions,” said Stephen Shaw, Autometrics’ CEO.  “With the myriad of data integration capabilities from Actian and the ParAccel Analytic Database, we are able to give automotive manufacturers rapid measures of lower funnel demand to optimize their marketing initiatives, sales incentives and inventory management.”

About Actian: Take Action on Big Data
Actian Corporation enables organizations to transform big data into business value with data management solutions to transact, connect, analyze and act on data. Actian helps 10,000+ customers worldwide take action on their big data with Vectorwise analytics database, RushAnalytics Hadoop accelerator, DataCloud for cloud and on-premises data integration, Action Apps, as well as Ingres, Versant and PSQL transactional mission-critical databases.  Actian is headquartered in California with offices in Austin, New York, London, Paris, Frankfurt, Amsterdam, New Dehli and Melbourne. Stay connected with Actian Corporation on Facebook, Twitter and LinkedIn.

About ParAccel
To gain a competitive advantage in a fast paced, data-driven world, companies need immediate answers to any business question they decide to ask.  As the leading analytic platform provider, ParAccel delivers an environment for unconstrained analytics and opens the door for companies to accelerate, innovate and compete.  ParAccel Analytic Platform combines an analytic database with extensibility and integration technology as a foundation for running big data analytics, anytime, anywhere.  ParAccel’s Fortune 1000 customers, in digital media, retail, financial services, healthcare and government, are testing the bounds of unconstrained analytics with this powerful, interactive analytic platform.  For more information please contact us at [email protected] or 866-903-0335. The conversation continues on Twitter, Facebook and LinkedIn.

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