|By Business Wire||
|March 31, 2014 03:00 AM EDT||
Kofax® Limited (NASDAQ: KFX) (LSE: KFX), today announced that Altosoft, a Kofax company and developer of business intelligence and analytics software, introduced Altosoft Insight™ 5.0. Insight 5.0 delivers significant new capabilities, including a distributed in-memory architecture, continuous simulation and governed data discovery. It gives organizations the ability to rapidly assemble, analyze and visualize immense amounts of complex data to improve decision making, operational effectiveness and profitability. The release was formally introduced at the Gartner Business Intelligence and Analytics Summit, being held in Las Vegas this week, where Altosoft is an exhibitor, and delivers three key technological innovations:
MapAggregate™: MapAggregate is a major enhancement to Insight developed to meet the challenges of rapidly expanding data volumes and overcome the inefficiencies and architectural limitations of first generation in-memory business intelligence (BI) and analytics software products. First-generation in-memory BI and analytics software products are limited to using the memory found on a single server and its CPU resources. This problem is compounded by the fact that they also require as much as an additional 10% of overhead for each user, causing even modest data volumes to quickly overwhelm most servers.
MapAggregate provides organizations with the next generation of in-memory BI and analytics and unlimited scalability by enabling the distribution of data across multiple servers to exploit their available memory and CPU resources. Hence, MapAggregate achieves the performance benefits of in-memory technology without the limitations imposed by a first generation, single server in-memory approach.
“The growth of investment in business intelligence technologies has greatly increased market expectations for BI product benefits,” said noted business intelligence analyst Claudia Imhoff, President of Intelligent Solutions. “Insight 5.0 meets this challenge by extending its process intelligence capabilities with simulation-based prediction, as well as introducing MapAggregate, a new approach to in-memory BI. MapAggregate improves the scalability of in-memory solutions and reduces underlying hardware costs.”
Continuous Simulation: Continuous simulation is a powerful new predictive analytics capability that provides improved operational forecasting for business processes being monitored by the Insight 5.0. These forecasts are continually updated and refined based on actual operational data being collected, resulting in more accurate forecasts and predictability.
Using a dynamic process model that continually adjusts forecasts based on the latest conditions, continuous simulation provides a more precise, real-time analysis of an organization’s operating environment. In contrast, more traditional statistical techniques, while adequate for steady-state trends, cannot detect and predict the impact of sudden or evolving changes to historical patterns. Predictive approaches based on static process models often result in poor results, due to issues with the model’s rigidity and quality, as well as incorrect assumptions related to the conditions being simulated.
“As business intelligence becomes an increasingly critical differentiator for companies of all sizes, they need solutions that can scale both in terms of data volumes and the practical power of the analysis they can deliver,” said Scott Opitz, Altosoft‘s general manager. “Insight 5.0 redefines the standard for scalability and performance, while delivering true predictive insights into the performance of a company’s business processes.”
Governed Data Discovery: As organizations expand their use of BI and analytics across the enterprise, governed data discovery becomes increasingly important. Insight 5.0 addresses this challenge with two new capabilities. First, the software can be centrally installed, updated and administered on one or more servers while making client applications, including development, configuration, dashboard, management and other tools, accessible to business users via browser based interfaces that do not require the installation of software or plugins such as Microsoft Silverlight or Adobe Flash/Flex on their computers. Second and as a result, IT is able to centrally administer the software in order to ensure proper governance by maintaining control over user and data access rights as well as the approved definitions of the data and business logic underlying information delivered to users.
Altosoft, a Kofax company, is a leader in developing process aware business intelligence and analytics software products and solutions. Altosoft Insight helps organizations improve their understanding of complex business processes in order to improve decision making, operational effectiveness and profitability. For more information, visit altosoft.com.
Kofax is a leading provider of smart process applications for the business critical First Mile of customer interactions. These begin with an organization’s systems of engagement, which generate real time, information intensive communications from customers, and provide an essential connection to their systems of record, which are typically large scale, rigid enterprise applications and repositories not easily adapted to more contemporary technology. Success in the First Mile can dramatically improve an organization’s customer experience and greatly reduce operating costs, thus driving increased competitiveness, growth and profitability. Kofax software and solutions provide a rapid return on investment to more than 20,000 customers in financial services, insurance, government, healthcare, business process outsourcing and other markets. Kofax delivers these through its own sales and service organization, and a global network of more than 800 authorized partners in more than 75 countries throughout the Americas, EMEA and Asia Pacific. For more information, visit kofax.com.
© 2014 Kofax Limited. Kofax is a registered trademark and First Mile, Insight and MapAggregate are trademarks of Kofax Limited.
Qosmos has announced new milestones in the detection of encrypted traffic and in protocol signature coverage. Qosmos latest software can accurately classify traffic encrypted with SSL/TLS (e.g., Google, Facebook, WhatsApp), P2P traffic (e.g., BitTorrent, MuTorrent, Vuze), and Skype, while preserving the privacy of communication content. These new classification techniques mean that traffic optimization, policy enforcement, and user experience are largely unaffected by encryption. In respect wit...
Aug. 28, 2016 08:30 PM EDT Reads: 1,804
Deploying applications in hybrid cloud environments is hard work. Your team spends most of the time maintaining your infrastructure, configuring dev/test and production environments, and deploying applications across environments – which can be both time consuming and error prone. But what if you could automate provisioning and deployment to deliver error free environments faster? What could you do with your free time?
Aug. 28, 2016 08:15 PM EDT Reads: 1,926
SYS-CON Events announced today that Hitrons Solutions will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Hitrons Solutions Inc. is distributor in the North American market for unique products and services of small and medium-size businesses, including cloud services and solutions, SEO marketing platforms, and mobile applications.
Aug. 28, 2016 07:30 PM EDT Reads: 675
Smart Cities are here to stay, but for their promise to be delivered, the data they produce must not be put in new siloes. In his session at @ThingsExpo, Mathias Herberts, Co-founder and CTO of Cityzen Data, will deep dive into best practices that will ensure a successful smart city journey.
Aug. 28, 2016 06:30 PM EDT Reads: 1,600
SYS-CON Events announced today that 910Telecom will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Housed in the classic Denver Gas & Electric Building, 910 15th St., 910Telecom is a carrier-neutral telecom hotel located in the heart of Denver. Adjacent to CenturyLink, AT&T, and Denver Main, 910Telecom offers connectivity to all major carriers, Internet service providers, Internet backbones and ...
Aug. 28, 2016 06:00 PM EDT Reads: 1,913
SYS-CON Events announced today that eCube Systems, a leading provider of middleware modernization, integration, and management solutions, will exhibit at @DevOpsSummit at 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. eCube Systems offers a family of middleware evolution products and services that maximize return on technology investment by leveraging existing technical equity to meet evolving business needs. ...
Aug. 28, 2016 05:30 PM EDT Reads: 727
DevOps at Cloud Expo – being held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA – announces that its Call for Papers is open. Born out of proven success in agile development, cloud computing, and process automation, DevOps is a macro trend you cannot afford to miss. From showcase success stories from early adopters and web-scale businesses, DevOps is expanding to organizations of all sizes, including the world's largest enterprises – and delivering real results. Am...
Aug. 28, 2016 03:15 PM EDT Reads: 3,486
Pulzze Systems was happy to participate in such a premier event and thankful to be receiving the winning investment and global network support from G-Startup Worldwide. It is an exciting time for Pulzze to showcase the effectiveness of innovative technologies and enable them to make the world smarter and better. The reputable contest is held to identify promising startups around the globe that are assured to change the world through their innovative products and disruptive technologies. There w...
Aug. 28, 2016 03:00 PM EDT Reads: 739
Internet of @ThingsExpo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 19th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The Internet of Things (IoT) is the most profound change in personal and enterprise IT since the creation of the Worldwide Web more than 20 years ago. All major researchers estimate there will be tens of billions devices - comp...
Aug. 28, 2016 01:45 PM EDT Reads: 3,651
DevOps at Cloud Expo, taking place Nov 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 19th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long dev...
Aug. 28, 2016 01:00 PM EDT Reads: 2,418
SYS-CON Events announced today that StarNet Communications will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. StarNet Communications’ FastX is the industry first cloud-based remote X Windows emulator. Using standard Web browsers (FireFox, Chrome, Safari, etc.) users from around the world gain highly secure access to applications and data hosted on Linux-based servers in a central data center. ...
Aug. 28, 2016 12:15 PM EDT Reads: 845
Traditional on-premises data centers have long been the domain of modern data platforms like Apache Hadoop, meaning companies who build their business on public cloud were challenged to run Big Data processing and analytics at scale. But recent advancements in Hadoop performance, security, and most importantly cloud-native integrations, are giving organizations the ability to truly gain value from all their data. In his session at 19th Cloud Expo, David Tishgart, Director of Product Marketing ...
Aug. 28, 2016 11:45 AM EDT Reads: 683
Data is the fuel that drives the machine learning algorithmic engines and ultimately provides the business value. In his session at Cloud Expo, Ed Featherston, a director and senior enterprise architect at Collaborative Consulting, will discuss the key considerations around quality, volume, timeliness, and pedigree that must be dealt with in order to properly fuel that engine.
Aug. 28, 2016 11:30 AM EDT Reads: 1,955
19th Cloud Expo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy. Meanwhile, 94% of enterpri...
Aug. 28, 2016 11:00 AM EDT Reads: 3,123
There is growing need for data-driven applications and the need for digital platforms to build these apps. In his session at 19th Cloud Expo, Muddu Sudhakar, VP and GM of Security & IoT at Splunk, will cover different PaaS solutions and Big Data platforms that are available to build applications. In addition, AI and machine learning are creating new requirements that developers need in the building of next-gen apps. The next-generation digital platforms have some of the past platform needs a...
Aug. 28, 2016 11:00 AM EDT Reads: 699