Welcome!

@DXWorldExpo Authors: Yeshim Deniz, Pat Romanski, Liz McMillan, Zakia Bouachraoui, Carmen Gonzalez

Blog Feed Post

ParStream Distribution Italia Founded to Offer Real-time Analytics Database to Italian Enterprises

ParStream brings established big data analytics platform to the Italian market to help businesses gain competitive advantage

Cologne, Germany & Silicon Valley, Calif - February 25, 2014 - ParStream, provider of the Real-time Database for Big Data Analytics, today announced that ParStream Distribution Italia Srl has been founded according to an exclusive agreement signed with ParStream GmbH headquartered in Germany with offices in Silicon Valley, USA. According to the agreement, ParStream Distribution Italia will promote ParStream's Real-time Database for Big Data Analytics in the Italian market.

ParStream's Real-time Database powers big data analytics, enabling businesses to make better, faster, fact-based decisions by analyzing massive amounts of streaming and stored data. ParStream delivers sub- second query response times on billions of records while continuously importing new data at very high speeds, so businesses can gain immediate insights from their data.

"There are endless opportunities with which big data analytics can be applied," said Michael Hummel, CEO and co-founder of ParStream GmbH. "With the actionable insights gained from big data analytics, businesses can gain competitive advantage by confidently innovating and exploring new business models; optimizing and expanding revenue streams; and reducing infrastructure and operational costs."

ParStream's patented High Performance Compressed Index (HPCI) is the core of the ultra-fast columnar analytic database, built from the ground up to manage both Big Data and Fast Data. ParStream's distributed, massively parallel, shared-nothing architecture is designed to exploit the multi-core architecture of today's processors, servers, and clusters.

Traditional database technology was not designed to manage the data volumes of today. Newer database technologies are meant to address large data volumes, but not all platforms are able to query and analyze data quickly enough to serve the needs of the businesses and customers. With ParStream, there is no need to use cubes, materialized views, projections or any other form of pre-aggregation. ParStream can process new data in all analytical queries while providing full data granularity and full analytical flexibility.

"ParStream Distribution Italia, formed by the merger of professional leaders in the ICT market with the historical Italian and European distributor Strhold, distribution of ICT Reweb Srl, has the ambition to quickly win significant market share in the Italian big data arena," said Filippo Durango, Business Development Manager of ParStream Distribution Italia. "Thanks to a best-of-breed technology, it will be possible to help businesses of all types to manage the huge volumes of data that is generated each minute, allowing them to make better decisions and a rapid return on investment."

About ParStream
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 http://www.parstream.com/. To keep up-to-date with the latest industry trends, insights, and perspectives from ParStream, follow us on Twitter @ParStream.

ParStream Distribution Italia Srl
Founded in 2014 with the aim of spreading the Big Data Analytics solution of ParStream GmbH, ParStream Distribution Italia Srl will act on the Italian market as a subsidiary of the brand in Cologne. ParStream Distribution Italia, based in Reggio Emilia, and with offices in Rome and Milan, will spread ParStream technology on end customers, directly and through channel development through an agreement with the distributor Reweb Srl and its distribution division Strhold ICT.

PER ULTERIORI INFORMAZIONI E RICHIESTE DI MATERIALI
CONTATTARE: Bruno Verde, Marketing Communications
ParStream Distribution Italia Srl
Tel: +39 0522 420786
[email protected]
www.parstream.com

Media contact:
Johnny Truong
Sonus Public Relations for ParStream
United States: +1 (415) 830-4530
[email protected]

Source: RealWire

Read the original blog entry...

More Stories By RealWire News Distribution

RealWire is a global news release distribution service specialising in the online media. The RealWire approach focuses on delivering relevant content to the receivers of our client's news releases. As we know that it is only through delivering relevance, that influence can ever be achieved.

DXWorldEXPO Digital Transformation Stories
Dion Hinchcliffe is an internationally recognized digital expert, bestselling book author, frequent keynote speaker, analyst, futurist, and transformation expert based in Washington, DC. He is currently Chief Strategy Officer at the industry-leading digital strategy and online community solutions firm, 7Summits.
Digital Transformation is much more than a buzzword. The radical shift to digital mechanisms for almost every process is evident across all industries and verticals. This is often especially true in financial services, where the legacy environment is many times unable to keep up with the rapidly shifting demands of the consumer. The constant pressure to provide complete, omnichannel delivery of customer-facing solutions to meet both regulatory and customer demands is putting enormous pressure on...
The standardization of container runtimes and images has sparked the creation of an almost overwhelming number of new open source projects that build on and otherwise work with these specifications. Of course, there's Kubernetes, which orchestrates and manages collections of containers. It was one of the first and best-known examples of projects that make containers truly useful for production use. However, more recently, the container ecosystem has truly exploded. A service mesh like Istio addr...
Enterprises are striving to become digital businesses for differentiated innovation and customer-centricity. Traditionally, they focused on digitizing processes and paper workflow. To be a disruptor and compete against new players, they need to gain insight into business data and innovate at scale. Cloud and cognitive technologies can help them leverage hidden data in SAP/ERP systems to fuel their businesses to accelerate digital transformation success.
Digital Transformation: Preparing Cloud & IoT Security for the Age of Artificial Intelligence. As automation and artificial intelligence (AI) power solution development and delivery, many businesses need to build backend cloud capabilities. Well-poised organizations, marketing smart devices with AI and BlockChain capabilities prepare to refine compliance and regulatory capabilities in 2018. Volumes of health, financial, technical and privacy data, along with tightening compliance requirements by...
Charles Araujo is an industry analyst, internationally recognized authority on the Digital Enterprise and author of The Quantum Age of IT: Why Everything You Know About IT is About to Change. As Principal Analyst with Intellyx, he writes, speaks and advises organizations on how to navigate through this time of disruption. He is also the founder of The Institute for Digital Transformation and a sought after keynote speaker. He has been a regular contributor to both InformationWeek and CIO Insight...
Cloud is the motor for innovation and digital transformation. CIOs will run 25% of total application workloads in the cloud by the end of 2018, based on recent Morgan Stanley report. Having the right enterprise cloud strategy in place, often in a multi cloud environment, also helps companies become a more intelligent business. Companies that master this path have something in common: they create a culture of continuous innovation. In his presentation, Dilipkumar will outline the latest resear...
Everyone wants the rainbow - reduced IT costs, scalability, continuity, flexibility, manageability, and innovation. But in order to get to that collaboration rainbow, you need the cloud! In this presentation, we'll cover three areas: First - the rainbow of benefits from cloud collaboration. There are many different reasons why more and more companies and institutions are moving to the cloud. Benefits include: cost savings (reducing on-prem infrastructure, reducing data center foot print, redu...
Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life settlement products to hedge funds and investment banks. After, he co-founded a revenue cycle management company where he learned about Bitcoin and eventually Ethereal. Andrew's role at ConsenSys Enterprise is a mul...
When building large, cloud-based applications that operate at a high scale, it’s important to maintain a high availability and resilience to failures. In order to do that, you must be tolerant of failures, even in light of failures in other areas of your application. “Fly two mistakes high” is an old adage in the radio control airplane hobby. It means, fly high enough so that if you make a mistake, you can continue flying with room to still make mistakes. In his session at 18th Cloud Expo, Lee A...