|By RealWire News Distribution||
|February 20, 2014 11:11 PM EST||
Industry veteran and respected technology expert take the reins in launching ParStream's Brazilian subsidiary
Cologne, Germany & Silicon Valley, Calif. - February 20, 2014 - ParStream, provider of the Real-time Database for Big Data Analytics, has unveiled a new subsidiary in Sao Paulo, Brazil, led by internationally recognized technology evangelist, Valsoir Tronchin.
This metropolitan location is ideal for entering the Latin American market to address the challenges and meet the demands of big data analytics. Our subsidiary enables us to offer ParStream's Real-time Database for Big Data Analytics to support companies of all industries to maximize the value of their big data strategies, enabling businesses to obtain actionable intelligence and make fact-based decisions in real-time.
With over 20 years of experience in IT and business intelligence, Tronchin was appointed to drive forward the company's growth in the Latin America region, and evaluate and pursue opportunities to expand the company's presence.
"The technology climate in Latin America is ripe for big data innovation," said Tronchin. "With the strong execution of the ParStream analytics platform, not only do companies acquire data driven solutions but solve discerning business tasks."
ParStream, with headquarters in Germany, is on a clear course for international expansion and understands the challenges of optimizing database performance as a top IT priority.
"The launch of our subsidiary in Brazil is an important step for our company," said Mike Hummel, CEO of ParStream. "Not only does it bolster ParStream's position in Latin America, it will empower us to help organizations increase the value of their big data initiatives."
ParStream helps businesses gain immediate insights into their data. As the leading provider of real-time databases, ParStream powers big data analytics on the massive amounts of data businesses collect daily. The award-winning, breakthrough technology enables ultra-fast, flexible analytics of stored and streaming data. The market-agnostic ParStream Real-time Database is used worldwide in e-commerce, telecommunications, finance, advertising, retail, mining, and science. Based in Cupertino, Calif. and headquartered in Cologne, Germany, ParStream has been awarded "#1 Big Data Startup" by CIO Magazine, recognized as a "Cool Vendor" in the Advancing Data Management Maturity report by Gartner, and was named "Trend-setting Products in Data of 2014" by Database Trends and Applications. For more information, visit www.ParStream.com. To keep up-to-date with the latest industry trends, insights, and perspectives from ParStream, follow us on Twitter @ParStream.
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