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Kinetica Raises $6 Million

September 26, 2016 By Technologies.org Leave a Comment

Kinetica, provider of the fast in-memory database accelerated by GPUs, has raised $6 million. Kinetic is selling to the government sector – the company helped the US Army Intelligence and Security Command to track terrorist and other national security threats in real time, producing instant results while visualizing insights across more than 200 sources of streaming datasets. The data warehouse acceleration market is forecast to grow at a compound annual growth rate (CAGR) 23%. Brute force approach of throwing more CPU computing power at the BI problems doesn’t scale up and hasn’t for a very long time. Three data warehouse acceleration technologies are currently emerging and much of the necessary knowledge, infrastructure and experience are already in place, though not widely. These technologies are in-memory computing, FPGA (field-programmable gate arrays) and GPGPU (general-purpose computing on graphics processing units).

For further reference:
Data warehouse acceleration market
Data Warehouse Market Forecast

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Filed Under: Tech Tagged With: Data warehouse acceleration market, Data Warehouse Market Forecast

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