Cologne, Germany & Silicon Valley, CA (PRWEB) February 13, 2014
ParStream, provider of the Real-time Database for Fast Data analytics, today announced that the company emerged victorious in the second annual Tech Trailblazers Awards in the Big Data category.
The global Tech Trailblazers Awards is an independent institution which recognizes innovative and pioneering entrepreneurial enterprise IT solution providers. Winners were determined by votes from an independent judging panel of industry influencers including Telesperience Founder and Chief Analyst, Teresa Cottam; GigaOM Senior Writer, Derrick Harris; and 451 Research Vice President, Simon Robinson.
“This accolade underscores that our continued innovation and growth has not gone undetected by the industry,” said Michael Hummel, CEO and co-founder of ParStream. “This honor, along with being recognized as a ‘Trend-setting Product of 2014’ and ‘#1 Big Data Startup,’ among other acknowledgements, is a promising foundation for an optimistic and successful year.”
This year, the Big Data category contained three times the amount of entries as the inaugural Tech Trailblazers Award. Runners-up for the Big Data category include Splice Machine and Cedexis. Being one of the most entry-heavy categories, this recognition underscores ParStream’s commitment to innovation and to further evolve, progress, and cultivate the big data market.
“As the Tech Trailblazers concludes it Second Edition, we are proud to recognize a truly global variety of enterprise tech entrepreneurs, with winners from Nigeria, India, Germany, the UK and the US,” commented Stephen O’Donnell, head of the judging panel. “The ethos is not only to commend the Trailblazers but offer opportunities to nurture future growth, such as mentoring from industry experts.”
ParStream provides the Real-time Database for Fast Data analytics, a robust distributed database system specifically engineered to address real-time big data challenges. The solution enables customers to not only analyze historical data but to continuously import, store, and analyze big data in real-time. The platform delivers sub-second query response times on billions of data records and runs on ParStream’s proprietary columnar database. ParStream has a proven track record in various industries such as telecommunications, travel and tourism, e-commerce, finance, and online advertising. For more information on ParStream’s Real-time Database for Fast Data, visit: https://www.parstream.com/product/technology/.
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 ParStream Real-time Database is used worldwide in e-commerce, telecommunications, finance, advertising, retail, and mining. Based in Cupertino, Calif., 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.
About the Tech Trailblazers Awards
Tech Trailblazers is a new concept in awards, designed explicitly for smaller businesses and startups that are less than five years old and at C-series funding or below. The awards have low barriers to entry and prizes that not only recognize startup innovation, but also proactively help startups grow their businesses with exclusive coaching, mentoring and development from VCs and leading CTOs as well as an estimated prize fund worth in excess of $1m.
For more information, visit http://www.techtrailblazers.com, email innovate(at)techtrailblazers.com, follow us on Twitter @techtrailblaze or via the hashtag #TTAwards, and visit us on LinkedIn at http://www.linkedin.com/company/tech-trailblazers-awards.
Sonus Public Relations for ParStream, Inc.
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