|By Business Wire||
|May 14, 2014 07:05 AM EDT||
Paxata, pioneers of the first Adaptive Data Preparation™ platform that rapidly connects, explores, transforms and combines data, today announced that it has been recognized by Gartner as one of three Cool Vendors in Data Integration and Data Quality. Each year, Gartner publishes a series of research reports in key technology areas that highlight interesting, new and innovative vendors, products and services. Paxata delivers a cloud-based, self-service environment for data integration, transformation, quality, enrichment and governance, purpose-built for business analysts.
"We're honored to be recognized as a Cool Vendor by Gartner,” said Prakash Nanduri, Co-Founder and CEO of Paxata. “From our earliest days as a company, we have focused on transforming the lives of business analysts with a self-service, business-and-IT friendly solution that reduces the time and friction it takes to get varied data sets ready for ANY analytics exercise, be it an ad-hoc exercise in a tool like Tableau, a packaged analytical application such as Anaplan, or a custom predictive analytics model.”
Before Paxata, 60 percent or more of a business analyst’s time in any analytic exercise was wasted on manual and mundane data preparation. Business Intelligence teams lacked a collaborative solution that allowed them to rapidly explore, clean, enrich, harmonize and combine data, while also giving IT the necessary capability to provision data and track how the data gets prepared and by whom, avoiding the legacy spreadmarts that have created data compliance issues for years.
The Paxata vision is driven by extensive market validation that the next generation enterprise analytics architecture requires a completely new unified data preparation platform: one that is built from the ground-up to supersede the purely relational model by representing the full spectrum between structured and unstructured data types so users can automatically detect, clean, combine and enrich multiple data types in real-time leveraging semantic learning algorithms. In addition, security, data lineage, and granular usage tracking must be fundamental services built-in to enable true collaboration with governance. Finally, this platform must be a cloud native architecture that can elastically scale with variable enterprise workloads, offering a high degree of flexibility and much lower cost of ownership than traditional alternatives.
“As the pioneers of the Adaptive Data Preparation category, everyone at Paxata is relentless about delivering this next-generation platform. Data preparation – built from the ground up for business – cannot be an afterthought, nor can it be achieved by retrofitting legacy platforms,” said Nanduri. “We are thrilled that Gartner has recognized our efforts to date, in the first year of commercial availability of our solution. On behalf of the entire Paxata team, I thank all our customers and partners for their invaluable support in making this a reality.”
Featuring sophisticated algorithms and a highly interactive, business-friendly user experience, Paxata delivers pre-built data preparation services powered by IntelliFusion™, automated by proprietary machine learning, semantic indexing, statistical pattern recognition and other text analytics techniques. The elastic, in-memory data preparation engine is completely model-free and operates over a large variety and volumes of structured and unstructured data in real-time, enabled by a vector query processor with columnar data storage. Paxata is setting the new standard for data preparation that lets users adapt and enrich data sets on the fly, give peers visibility and collaboration controls as needed, and lets everyone, including IT, retain historical context of how data is shaped and prepared over time.
This report follows a number of recent accomplishments for the company, including its recognition as Red Herring’s Top 100 North America finalist, Best Business Analytics Startup by the GigaOm Structure Data Conference, as well as being named one of the Bay Area’s Best Places to Work by the San Francisco Business Times.
For the full report, click here.
For a demo or a free PaxFormation: call 1-855-972-9282 or visit http://www.paxata.com
Pax Personal annual licenses are $3500 per analyst – under $300 a month. For additional pricing details, visit: http://www.paxata.com/pricing
About Gartner's Cool Vendor Selection Process:
Gartner, Inc., Cool Vendors in Data Integration and Data Quality, 2014, Authors Eric Thoo, Ted Friedman, Saul Judah, Rita L. Sallam, and Roxane Edjlali, Published: April 2014. Gartner does not endorse any vendor, product, or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
Paxata is the first Adaptive Data Preparation™ platform built for the business analyst. Now everyone has the ability to rapidly turn all raw data into ready data for analytics—in minutes, not months – accelerating the time to right insights and action.
Our customers, Pax Pros, now have the freedom to prepare data on their own or work with peers in a shared, transparent environment as they shape data for analytics. Paxata’s seamless connection with BI tools like Tableau, Qlik and Excel gives business people total flexibility to use the visualization and discovery solutions they prefer to use. Paxata is a cloud-based, self-service solution powered by breakthrough technologies including semantic algorithms, distributed computing techniques and a highly interactive visual experience.
Paxata dramatically reduces the most painful and manual steps of any analytic exercise, empowering analysts at market-leading companies like Dannon, Box and UBS to drive greater value for the business. In partnership with Cloudera, Tableau and Qlik, Paxata unlocks even greater potential from Big Data and Business Intelligence investments. Founded in January 2012, Paxata is headquartered in Redwood City, California. Visit http://www.paxata.com, follow @Paxata_News, connect on linkedin.com/company/paxata, follow us at http://www.facebook.com/paxata and watch us on http://www.Youtube.com/PaxataTV.
SYS-CON Events announced today that VividCortex, the monitoring solution for the modern data system, will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. The database is the heart of most applications, but it’s also the part that’s hardest to scale, monitor, and optimize even as it’s growing 50% year over year. VividCortex is the first unified suite of database monitoring tools specifically desi...
Aug. 3, 2015 01:07 PM EDT
In their session at 17th Cloud Expo, Hal Schwartz, CEO of Secure Infrastructure & Services (SIAS), and Chuck Paolillo, CTO of Secure Infrastructure & Services (SIAS), provide a study of cloud adoption trends and the power and flexibility of IBM Power and Pureflex cloud solutions. In his role as CEO of Secure Infrastructure & Services (SIAS), Hal Schwartz provides leadership and direction for the company.
Aug. 3, 2015 12:30 PM EDT Reads: 200
Container technology is sending shock waves through the world of cloud computing. Heralded as the 'next big thing,' containers provide software owners a consistent way to package their software and dependencies while infrastructure operators benefit from a standard way to deploy and run them. Containers present new challenges for tracking usage due to their dynamic nature. They can also be deployed to bare metal, virtual machines and various cloud platforms. How do software owners track the usag...
Aug. 3, 2015 12:15 PM EDT Reads: 266
As organizations shift towards IT-as-a-service models, the need for managing and protecting data residing across physical, virtual, and now cloud environments grows with it. CommVault can ensure protection and E-Discovery of your data – whether in a private cloud, a Service Provider delivered public cloud, or a hybrid cloud environment – across the heterogeneous enterprise. In his session at 17th Cloud Expo, Randy De Meno, Chief Technologist - Windows Products and Microsoft Partnerships at Com...
Aug. 3, 2015 11:48 AM EDT
In a recent research, analyst firm IDC found that the average cost of a critical application failure is $500,000 to $1 million per hour and the average total cost of unplanned application downtime is $1.25 billion to $2.5 billion per year for Fortune 1000 companies. In addition to the findings on the cost of the downtime, the research also highlighted best practices for development, testing, application support, infrastructure, and operations teams.
Aug. 3, 2015 11:45 AM EDT Reads: 203
Mobile, social, Big Data, and cloud have fundamentally changed the way we live. “Anytime, anywhere” access to data and information is no longer a luxury; it’s a requirement, in both our personal and professional lives. For IT organizations, this means pressure has never been greater to deliver meaningful services to the business and customers.
Aug. 3, 2015 10:45 AM EDT Reads: 229
SYS-CON Events announced today that MobiDev, a software development company, will exhibit at the 17th International Cloud Expo®, which will take place November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. MobiDev is a software development company with representative offices in Atlanta (US), Sheffield (UK) and Würzburg (Germany); and development centers in Ukraine. Since 2009 it has grown from a small group of passionate engineers and business managers to a full-scale mobi...
Aug. 3, 2015 09:45 AM EDT Reads: 360
There are many considerations when moving applications from on-premise to cloud. It is critical to understand the benefits and also challenges of this migration. A successful migration will result in lower Total Cost of Ownership, yet offer the same or higher level of robustness. In his session at 15th Cloud Expo, Michael Meiner, an Engineering Director at Oracle, Corporation, analyzed a range of cloud offerings (IaaS, PaaS, SaaS) and discussed the benefits/challenges of migrating to each offe...
Aug. 3, 2015 07:30 AM EDT Reads: 184
"We've just seen a huge influx of new partners coming into our ecosystem, and partners building unique offerings on top of our API set," explained Seth Bostock, Chief Executive Officer at IndependenceIT, in this SYS-CON.tv interview at 16th Cloud Expo, held June 9-11, 2015, at the Javits Center in New York City.
Aug. 2, 2015 10:00 PM EDT Reads: 682
Digital Transformation is the ultimate goal of cloud computing and related initiatives. The phrase is certainly not a precise one, and as subject to hand-waving and distortion as any high-falutin' terminology in the world of information technology. Yet it is an excellent choice of words to describe what enterprise IT—and by extension, organizations in general—should be working to achieve. Digital Transformation means: handling all the data types being found and created in the organizat...
Aug. 2, 2015 06:00 PM EDT Reads: 1,135
SYS-CON Events announced today that HPM Networks will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. For 20 years, HPM Networks has been integrating technology solutions that solve complex business challenges. HPM Networks has designed solutions for both SMB and enterprise customers throughout the San Francisco Bay Area.
Aug. 2, 2015 05:45 PM EDT Reads: 516
Chuck Piluso presented a study of cloud adoption trends and the power and flexibility of IBM Power and Pureflex cloud solutions. Prior to Secure Infrastructure and Services, Mr. Piluso founded North American Telecommunication Corporation, a facilities-based Competitive Local Exchange Carrier licensed by the Public Service Commission in 10 states, serving as the company's chairman and president from 1997 to 2000. Between 1990 and 1997, Mr. Piluso served as chairman & founder of International Te...
Aug. 2, 2015 04:00 PM EDT Reads: 431
The Software Defined Data Center (SDDC), which enables organizations to seamlessly run in a hybrid cloud model (public + private cloud), is here to stay. IDC estimates that the software-defined networking market will be valued at $3.7 billion by 2016. Security is a key component and benefit of the SDDC, and offers an opportunity to build security 'from the ground up' and weave it into the environment from day one. In his session at 16th Cloud Expo, Reuven Harrison, CTO and Co-Founder of Tufin,...
Aug. 2, 2015 03:00 PM EDT Reads: 554
With SaaS use rampant across organizations, how can IT departments track company data and maintain security? More and more departments are commissioning their own solutions and bypassing IT. A cloud environment is amorphous and powerful, allowing you to set up solutions for all of your user needs: document sharing and collaboration, mobile access, e-mail, even industry-specific applications. In his session at 16th Cloud Expo, Shawn Mills, President and a founder of Green House Data, discussed h...
Aug. 2, 2015 11:45 AM EDT Reads: 482
For IoT to grow as quickly as analyst firms’ project, a lot is going to fall on developers to quickly bring applications to market. But the lack of a standard development platform threatens to slow growth and make application development more time consuming and costly, much like we’ve seen in the mobile space. In his session at @ThingsExpo, Mike Weiner, Product Manager of the Omega DevCloud with KORE Telematics Inc., discussed the evolving requirements for developers as IoT matures and conducte...
Aug. 2, 2015 11:15 AM EDT Reads: 360