Cupertino, CA (PRWEB) July 29, 2014
ParStream, the fastest real-time database for big data analytics, has been named one of the most innovative big data companies in The Big Data 50 report published today.
ParStream was handpicked for inclusion by industry veteran and big data expert, Jeff Vance, based on the company’s product maturity, competitive differentiator, corporate messaging and positioning, and growth.
“Traditional databases weren’t designed for big-data-scale analytics and most cannot deliver actionable insights in real-time,” said Jeff Vance. “ParStream’s ability to provide sub-second response times on billions of data records while simultaneously importing new data made the company an easy candidate for The Big Data 50 report.”
A testament to ParStream’s innovation and growth, inclusion in The Big Data 50 report comes immediately following the company being named the grand prize winner of the Silicon Valley Open Innovation Challenge supported by Nokia Growth Partners, Nokia Technologies, and the Telecom Council of Silicon Valley. This is also followed by executive appointments of Peter Jensen and Syed Hoda as CEO and CMO, respectively.
“Jeff has been tracking ParStream closely for almost three years and has seen the evolution that the company has undergone in such little time,” said Peter. “As applications of the Internet of Things and connected devices proliferate in all market verticals, Jeff will once again witness the next phase in ParStream’s growth as the company helps businesses go beyond traditional data analysis and engage in real-time analytics in order to gain the maximum value from their data.”
For a copy of The Big Data 50 report, contact parstream(at)sonuspr(dot)com.
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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 and 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.
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GM, Sonus Public Relations for ParStream