Welcome!

Big Data Journal Authors: Carmen Gonzalez, Elizabeth White, Dana Gardner, Liz McMillan, Esmeralda Swartz

News Feed Item

Morgan Stanley Awards Pivotal the CTO Award for Innovation

Pivotal's Big Data solutions transform Morgan Stanley's business operations and lower firm's total cost of ownership

SAN FRANCISCO, CALIFORNIA -- (Marketwired) -- 06/05/14 -- Pivotal, the software company at the intersection of big data, PaaS, and agile development, today announced that it has been awarded Morgan Stanley's prestigious "CTO Award for Innovation". Each year, Morgan Stanley awards its 'CTO Award for Innovation' honoring a technology solution that has been deemed innovative and has made a significant impact on Morgan Stanley's business. The award recognizes the role that Pivotal Greenplum plays within the Morgan Stanley's next generation Big Data platforms for financial reporting and risk management, allowing massive scale while lowering the firm's total cost of ownership.

"Morgan Stanley has been a great partner, and we're honored by this recognition," said Paul Maritz, CEO, Pivotal. "Data is at the heart of how businesses function today. We are proud to partner with Morgan Stanley to help them manage and turn highly complex data into actionable business insights, at scale."

The CTO Summit is an invitation-only event that unites leading venture capitalists, key executives from established and emerging technology companies, and senior technologists from Morgan Stanley's own IT organization for solution briefings, strategic discussions and focused networking.

Pivotal Greenplum Database (Pivotal GPDB) manages, stores and analyzes terabytes to petabytes of data in large-scale analytic data warehouses. Using the purpose-built Pivotal GPDB platform, organizations can experience 10x, 100x or even 1000x better performance over traditional RDBMS products. Pivotal GPDB extracts the data customers need to determine which modern applications will best serve them in context, at the right location, and during the right activities using a shared-nothing, massively parallel processing (MPP) architecture and flexible column- and row-oriented storage. It also leverages fully parallel communication with external databases and Hadoop to continually harness data. Pivotal GPDB is part of the Pivotal Big Data Suite, an annual subscription based software, support, and maintenance package that also bundles Pivotal GemFire, Pivotal SQLFire, Pivotal GemFire XD, Pivotal HAWQ, and Pivotal HD into a flexible pool of big and fast data products for customers.

About Pivotal

Pivotal, committed to open source and open standards, recently introduced Pivotal One, the world's first comprehensive multi-cloud Enterprise PaaS. The company is also a leading provider of application and data infrastructure software, agile development services, and data science consulting. Follow Pivotal on Twitter@gopivotal, LinkedIn, and G+.

©2014 Pivotal Software, Inc. All rights reserved. Pivotal and Greenplum are trademarks and/or registered trademarks of Pivotal Software, Inc. in the United States and/or other Countries.

This release contains "forward-looking statements" as defined under the Federal Securities Laws. Actual results could differ materially from those projected in the forward-looking statements as a result of certain risk factors, including but not limited to: (i) adverse changes in general economic or market conditions; (ii) delays or reductions in information technology spending; (iii) the relative and varying rates of product price and component cost declines and the volume and mixture of product and services revenues; (iv) competitive factors, including but not limited to pricing pressures and new product introductions; (v) component and product quality and availability; (vi) fluctuations in VMware, Inc.'s operating results and risks associated with trading of VMware stock; (vii) the transition to new products, the uncertainty of customer acceptance of new product offerings and rapid technological and market change; (viii) risks associated with managing the growth of our business, including risks associated with acquisitions and investments and the challenges and costs of integration, restructuring and achieving anticipated synergies; (ix) the ability to attract and retain highly qualified employees; (x) insufficient, excess or obsolete inventory; (xi) fluctuating currency exchange rates; (xii) threats and other disruptions to our secure data centers or networks; (xiii) our ability to protect our proprietary technology; (xiv) war or acts of terrorism; and (xv) other one-time events and other important factors disclosed previously and from time to time in the filings EMC Corporation, the parent company of Pivotal, with the U.S. Securities and Exchange Commission. EMC and Pivotal disclaim any obligation to update any such forward-looking statements after the date of this release.

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories from Big Data Journal
All major researchers estimate there will be tens of billions devices – computers, smartphones, tablets, and sensors – connected to the Internet by 2020. This number will continue to grow at a rapid pace for the next several decades. With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo in Silicon Valley. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be!...
Cloud computing is being adopted in one form or another by 94% of enterprises today. Tens of billions of new devices are being connected to The Internet of Things. And Big Data is driving this bus. An exponential increase is expected in the amount of information being processed, managed, analyzed, and acted upon by enterprise IT. This amazing is not part of some distant future it is happening today. One report shows a 650% increase in enterprise data by 2020. Other estimates are even higher....
The Open Group and BriefingsDirect recently assembled a distinguished panel at The Open Group Boston Conference 2014 to explore the practical implications and limits of the Internet of Things. This so-called Internet of Things means more data, more cloud connectivity and management, and an additional tier of “things” that are going to be part of the mobile edge -- and extending that mobile edge ever deeper into even our own bodies. Yet the Internet of Things is more than the “things” – it me...
The emergence of cloud computing and Big Data warrants a greater role for the PMO to successfully manage enterprise transformation driven by these powerful trends. As the adoption of cloud-based services continues to grow, a governance model is needed to orchestrate enterprise cloud implementations and harness the power of Big Data analytics. In his session at 15th Cloud Expo, Mahesh Singh, President of BigData, Inc., to discuss how the Enterprise PMO takes center stage not only in developing th...
Having just joined a large technology company with 20 years of history, it would be suicidal to believe that I can immediately move the entire organization to the DevOps mindset and model. For those not familiar with the term, “Eventual Consistency” is a model used in distributed computing to ensure high availability. In this context, it’s a model for replicating best practices and automation across IT teams and business units. The logical place to start with automation is the on-boarding of a ...
General Electric (GE) has been a household name for more than a century, thanks in large part to its role in making households easier to run. Starting with the light bulb invented by its founder, Thomas Edison, GE has been selling devices (“things”) to consumers throughout its 122-year history. Last week, GE announced that it is officially leaving that job to others. While the lighting division will stay, GE will now turn its attention to selling industrial machinery and analytics as a service t...
Come learn about what you need to consider when moving your data to the cloud. In her session at 15th Cloud Expo, Skyla Loomis, a Program Director of Cloudant Development at Cloudant, will discuss the security, performance, and operational implications of keeping your data on premise, moving it to the cloud, or taking a hybrid approach. She will use real customer examples to illustrate the tradeoffs, key decision points, and how to be successful with a cloud or hybrid cloud solution.
For the last hundred years, the desk phone has been a staple of every business. The landline has been a lifeline to customers and colleagues as the primary means of communication – even as email threatened to render the telephone obsolete. For some purposes, like conference calling, there was simply no substitute. That is, until a few years ago. With all due respect and apologies to Mr. Alexander Graham Bell, the desk phone is becoming just one solution, out of many devices, used for the modern...
Software is eating the world. Companies that were not previously in the technology space now find themselves competing with Google and Amazon on speed of innovation. As the innovation cycle accelerates, companies must embrace rapid and constant change to both applications and their infrastructure, and find a way to deliver speed and agility of development without sacrificing reliability or efficiency of operations. In her keynote DevOps Summit, Victoria Livschitz, CEO of Qubell, will discuss ho...
In today's application economy, enterprise organizations realize that it's their applications that are the heart and soul of their business. If their application users have a bad experience, their revenue and reputation are at stake. In his session at 15th Cloud Expo, Anand Akela, Senior Director of Product Marketing for Application Performance Management at CA Technologies, will discuss how a user-centric Application Performance Management solution can help inspire your users with every appli...