This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Gartner Positions Kognitio As A "Visionary" In Magic Quadrant For Data Warehouse DBMS

BARCELONA, Spain, Feb. 6, 2013 /PRNewswire/ -- Kognitio, driving the convergence of Big Data, in-memory analytics and cloud computing, today announced it has been positioned in the "visionaries" quadrant of Gartner, Inc.'s latest "Magic Quadrant for Data Warehouse Database Management Systems," published last week. The Kognitio announcement came at the Gartner Business Intelligence and Analytics Summit 2013 in Barcelona, Spain.

Kognitio believes this position provides tangible proof of its efforts to successfully redefine itself and its products in the highly competitive "Big Data" and analytics marketplace.

In its new report, Gartner noted, "the data warehouse DBMS (database management system) market is transforming due to the rise of 'big data' and logical data warehouses. Unexpectedly, many organizations entered the data warehouse market in 2012 for the first time, increasing demand for professional services and causing important changes in vendors' positions."

Kognitio has been consistently at the forefront of this trend, leveraging its generation of experience as an in-memory analytical platform to enable companies of all sizes worldwide to better understand the insights available from massive amounts of data, so that they can gain and maintain a competitive advantage in the marketplace. 

Over the last 18 months, Kognitio has:

  • Introduced a free-to-use, full-featured, perpetual licensed version of its analytical platform software, making it available via the Amazon and Informatica Marketplaces.  This version enables companies to pin up to 128 gigabytes of data into memory and perform in-depth analytics.
  • Announced Hadoop integration as an integral part of the Kognitio Analytical Platform. Beyond simple connectivity, an external tables feature embeds a software agent inside Hadoop clusters, effectively leveraging Kognitio as an in-memory analytical accelerator for Hadoop, returning query results in seconds, and saving minutes to hours of query processing time.
  • Announced support for Amazon's EC2 and High Cluster Compute initiatives; just last week, Kognitio said it was reducing its charge for analytics performed via High Cluster Compute instances to a penny per gigabyte per hour, enabling even small, data-intensive firms to perform day-long analytics on a terabyte of data for less than $100.

Kognitio has also described a strong shift in momentum towards the Kognitio Cloud offering in the past 18 months.  It has reported strong quarter-over-quarter and year-over-year growth in the number of companies using Kognitio to address their data analytics challenges, and said that roughly 70 percent of its new business comes from Kognitio Cloud implementations.  That is a sea change from two years ago, when cloud-based analytics accounted for less than one-third of the company's business.  Kognitio Cloud can be implemented via public, private or hybrid clouds, slashing implementation costs and keeping ongoing operating costs at a consistent level.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,915.07 -70.54 -0.42%
S&P 500 1,964.68 -8.15 -0.41%
NASDAQ 4,396.2040 -22.83 -0.52%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto
Advertising Partners

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs