VoltDB and Actuate Unite
September 12, 2012
Combine the high speed processing of VoltDB with analysis capabilities of ActuateOne, and you get a fast and flexible solution that no business will be able to do without. At least, that’s the hope behind a new pairing described in 4-Traders’ “Actuate Corporation: Actuate and VoltDB Team to Speed Processing of Big Data and Deliver Faster Insights.” The announcement was made at last month’s NoSQL Now! Conference. The write up explains:
“Organizations across a wide range of industries – including finance, digital advertising, mobile/telecom and online gaming – that have extreme needs for fast, real-time data processing will benefit from being able to quickly analyze data that is processed in milliseconds. Specialty applications for the combined solutions include fraud detection, high-velocity trade order processing, digital ad exchanges, and micro-transaction systems.”
The hybrid product promises such boons as low latency with guaranteed accuracy, scaling for large active datasets, operational and analytic dashboards, and the ability to combine real-time and historical data sources.
Launched in 1993, Actuate is headquartered in San Mateo, California. Because the company founded and co-leads the Eclipse BIRT (Business Intelligence and Reporting Tools) open source project, its NASDAQ symbol is BIRT. Its ActuateOne platform is built around this project.
VoltDB was founded specifically to serve companies that require ultra-high database throughput and real-time analytics. Their NewSQL database is an in-memory, relational SQL database. The company makes its home in Billerica, Massachusetts.
Cynthia Murrell, September 12, 2012