GigaSpaces, the provider of InsightEdge, the fastest big data analytics processing platform, announced today that Network Products Guide, the industry’s leading technology research and advisory guide has named InsightEdge AnalyticsXtreme a Gold winner in the Business Intelligence and Analytics category. Now in their 14th year, the IT World Awards recognizes excellence and innovation in every facet of the IT industry.
InsightEdge AnalyticsXtreme, launched in March 2019, combines the power of in-memory computing performance and scalability with the co-location of data, business logic and analytics to deliver faster and smarter insights to action. Interactive queries and machine learning models run simultaneously on both real-time mutable streaming data and historical data on data lakes and data warehouses without requiring a separate data load procedure or data duplication. Leveraging unique in-memory smart indexing, access to data on the data lake is accelerated by 100X resulting in analytics, machine learning (ML) and deep learning to run in seconds instead of minutes and minutes instead of hours. Faster and smarter insights improve the quality of time critical applications including predictive maintenance, live risk analysis, fraud detection, dynamic pricing, location-based advertising, personalized offers and more.
AnalyticsXtreme provides a single logical view of data that spans across real-time and historical data platforms including Hadoop, Amazon S3, Azure Data Lake Storage, and Snowflake, as well as SQL, Spark dataset/DataFrame and BI tools, like Tableau and Looker.
“We are honored to be recognized as a Gold winner for Business Intelligence and Analytics for helping enterprises from a variety of industries operationalize their ML models, and accelerate batch analytics and BI visualization,” said Yoav Einav, VP Product at GigaSpaces. “With today’s data complexity there is a strong demand for AnalyticsXtreme’s ability to simplify and accelerate analytics and ML initiatives across multiple data storage technologies across cloud, on-premise and hybrid environments.”