SAN FRANCISCO, Oct. 04, 2017 (GLOBE NEWSWIRE) -- Kinetica, provider of the world’s fastest GPU-accelerated relational database, today announced it has been selected the winner for the 2017 Ventana Research Digital Innovations Awards in Big Data. Ventana Research, one of the most authoritative and respected benchmark business technology research and advisory services firms, recognized Kinetica for its enterprise-grade GPU-accelerated database. The Digital Innovation Awards, presented annually, identify the technologies that have the most striking impact in their respective markets and recognize pioneering vendors that contribute advancements in technology, drive change, and increase value for organizations worldwide.
These Digital Innovation Awards span across the 9 areas of expertise at Ventana Research. Kinetica won for Big Data, an award for a technology vendor that best exemplifies innovation in big data and related technologies for supporting data and information management related needs.
"We are honored with this significant recognition from such a highly regarded research organization that keenly understands the technology landscape and the innovation required to drive meaningful insights from data for customers,” said Amit Vij, CEO and co-founder, Kinetica. “Kinetica converges AI and BI in a single database simplifying the data pipelines for faster query, reporting, analytics, and machine learning. Until now, organizations have typically needed to extract data to specialized environments to take advantage of GPU acceleration for data science workloads, such as machine learning and deep learning. Kinetica now makes it possible for sophisticated data science models to be developed and made available on the same database platform as is used for business analytics.”
The annual Digital Innovation Awards are delivered by the Ventana Research team, which through its benchmark research, on-demand advisory and education continues to pioneer new methods for organizations to become efficient and effective in their business. As part of the scoring process and methodology, Ventana Research examines the submissions to evaluate the technology innovative approach but also how it applies to the people, processes, information and technology, the best practices it supports, the degree of team involvement and the technologies, business impact, and value. Ventana Research invited all technology vendors to participate by nominating their innovations to be considered for the awards. Award winners were selected based on their technology and the extent to which they help organizations innovate or enhance the productivity and outcomes of their business or IT processes.
"I would like to thank all of the technology suppliers that submitted for the 2017 Ventana Research Digital Innovation Awards; the volume and quality of submissions were exceptional this year," said Mark Smith, CEO and Chief Research Officer at Ventana Research. "The level of digital innovation in technology continues to grow dramatically, making the challenge to select the winner in each category greater every year. Congratulations to this year’s winners for their investments into technology; they are advancing the industry and supporting the needs of organizations through their products and technology.”
About Ventana Research
Ventana Research is the most authoritative and respected benchmark business technology research and advisory services firm. We provide insight and expert guidance on mainstream and disruptive technologies through a unique set of research-based offerings including benchmark research and technology evaluation assessments, education workshops and our research and advisory services, Ventana On-Demand. Our unparalleled understanding of the role of technology in optimizing business processes and performance and our best practices guidance are rooted in our rigorous research-based benchmarking of people, processes, information and technology across business and IT functions in every industry. This benchmark research plus our market coverage and in-depth knowledge of hundreds of technology providers means we can deliver education and expertise to our clients to increase the value they derive from technology investments while reducing time, cost and risk.
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About Kinetica
Headquartered in San Francisco, Calif., Kinetica is the provider of the only GPU database to combine data warehouse, advanced analytics, visualizations, and is optimized for running machine learning and deep learning models. With Kinetica, users can simultaneously ingest, explore, analyze and visualize fast-moving, complex data within milliseconds to make critical decisions and find efficiencies, lower cost, generate new revenue and improve customer experience. Customers in verticals such as financial services, retail, healthcare, utilities and public sector use Kinetica for fast OLAP, convergence of AI and BI, and geospatial analytics. Amazon, Cisco, Dell, Google, HP, IBM, Microsoft, NVIDIA and Tableau are part of the Kinetica ecosystem of cloud, hardware, server and software partners. Investors include Canvas Ventures, Citi Ventures, GreatPoint Ventures, and Meritech Capital Partners. Learn more at www.kinetica.com.
Media Contact:
Beth Winkowski
Winkowski Public Relations, LLC for Kinetica
978-649-7189
bwinkowski@kinetica.com