ParStream Unveils The First Analytics Platform Built For The Internet Of Things

ParStream’s Analytics Platform Delivers Real-Time Global Insights for IoT

ParStream, the IoT analytics platform company, recently introduced the industry’s first analytics platform purpose-built for the speed and scale of the Internet of Things (IoT). With today’s announcement, ParStream enables an entirely new breed of analytics, with a new platform for enterprises designed to easily scale in handling the massive volumes and high-velocity of IoT data. ParStream’s platform will help companies generate timely, actionable insights from their IoT data by providing new innovative and efficient ways to analyze data faster, with greater flexibility, and closer to the source of data.

Data is coming at us faster than ever. It’s estimated that we collectively generate more than two exabytes of data every single day. Specifically designed to enable businesses to more quickly analyze their data, the new analytics platform for IoT is powered by ParStream’s patented database. The database has consistently been recognized for its industry-leading performance with sub-second query response times in analyzing billions of rows of data. Parstream DB can analyze massive amounts of real-time streaming data as well as historic data.

In addition to ParStream DB, the Analytics Platform includes:

• Geo-Distributed Analytics which empowers users to generate global insights with remote data analysis and allows them to qualify and resolve issues globally. Via ParStream’s Geo-Distributed Analytics Server, the querying engine enables local real-time analytics and storage close to the data source.
• Time Series Analytics to enable enterprises to quickly analyze fast streaming data together with massive amounts of historical data.
• Alerts & Actions to monitor data streams, create and qualify alerts, and appropriately execute actions automatically or send notifications.
• Advanced Analytics to derive models and hypothesis from huge amounts of data by applying statistical functions and analytical models. ParStream DB integrates with Knime, statistical libraries like R, and other machine learning engines.
• Visualization Connect to enable the seamless integration of Datawatch, a leading visualization tool for IoT analytics.
• Stream Connect/ETL Connect for the high-velocity ingestion needs of IoT, closely integrated with Informatica’s industry-leading collection tool, Vibe.

Legacy database and analytics tools fall short of the new requirements needed to meet the speed and scale for effective IoT. The ParStream Analytics Platform uniquely queries at the source of data for real-time analysis as data is being loaded. The new platform provides unified analytics of real-time data in every query and generates more accurate insights for decision-makers with the continuous import of new data.

Companies using ParStream’s Analytics Platform can expect to roll out their IoT applications twice as fast versus integrating components in-house from different vendors. Additionally, it’s estimated users will require 30 percent less resources for testing and supporting applications, as the components are proven, fully tested, integrated and ready to immediately address the needs of IoT.

Leading organizations worldwide, including Siemens, Cake Marketing and MPries, currently use ParStream to derive significant business value from their data. ParStream delivers its real-time analytics platform for a variety of industries, including manufacturing, supply chain and telecommunications.

Availability
ParStream’s Analytics platform is available immediately. Geo-Distributed is currently available in limited production.

Supporting Quotes
“As IoT shapes the future of analytics, data is getting bigger, arriving faster and generated by a growing number of remote data sources across the globe,” said Peter Jensen, CEO at ParStream. “Today’s legacy database and analytics tools were not designed for IoT, constraining business leaders and preventing them from maximizing the value of their data. We’ve engineered an analytics platform specifically for IoT, providing today’s decision-makers the agility to handle widely dispersed data sources. Our platform empowers enterprise organizations and brings them tremendous value by providing actionable insights from real-time data, both locally and globally, delivering on the promise of the IoT.”

Jitesh Ghai, vice president of product management at Informatica, said, “Informatica is a leader in applying complex data management for real-time and batch workloads across a variety of source and target systems. These data management capabilities are essential for the applications being built for the Internet of Things. ParStream’s analytics platform – coupled with Informatica’s core capabilities in data collection, transformation and analysis, both in real-time and batch – serve as a compelling platform for IoT applications. The combined solution will enable users to deliver on the tremendous potential of IoT.”

“New advances in low cost sensor devices and their associated data streams are rapidly becoming a big source of differentiation for industrial organizations that can effectively harness this information for more meaningful and timely decisions,” said Ben Plummer, chief marketing officer and senior vice president, Strategic Alliances for Datawatch Corporation (NASDAQ-CM: DWCH). “Traditional BI and analytic approaches will not be sufficient in an era of high speed, high volume data streams – and this is where ParStream’s analytics platform together with Datawatch’s visualization capabilities provide a complete solution for IoT applications.

About ParStream
ParStream helps businesses gain immediate insights and value from their data. Delivering the first analytics platform purpose-built for the speed and scale of IoT, ParStream powers Big Data analytics on the massive amounts of data businesses generate daily. The breakthrough technology enables ultra-fast, flexible analytics of stored and streaming data. Based in Silicon Valley, ParStream was recently named “#1 Big Data Startup” by CIO Magazine, a Gartner Cool Vendor and among “Trend-setting Products in Data of 2014” by Database Trends and Applications Magazine. For more information, visit www.ParStream.com.