LOWELL, Mass.--(BUSINESS WIRE)--Podium Data, provider of the disruptive big data software platform that’s defining the new way to manage, prepare and deliver enterprise data, announced it was named the 2015 “Big Data Innovative Technology of the Year” winner by Mass Technology Leadership Council during its annual awards gala. The award celebrates innovative companies that exemplify the best and brightest in the Massachusetts technology community, which are changing the world by solving real problems and invigorating the local economy.
Podium – the industry’s first enterprise-class data lake management software platform – won for its innovation in providing secure, self-service access to trusted, business ready data at a fraction of the cost and time of other approaches. Podium accelerates the time spent finding, preparing and cleansing data by orders of magnitude through an intuitive GUI and high-performance parallel processing. With Podium, analysts get fast, direct access to data they need, shifting their time to value-added analysis and delivering business insights.
Leveraging big data technologies, Podium is a comprehensive end-to-end platform that manages enterprise data from a wide variety of data sources and formats, with built-in data validation, protection, profiling, transformation and delivery functionality. The company’s Fortune 500 production customers in the media, financial services and pharmaceutical industries are migrating off expensive ETL and database platforms, with many reporting a 75% savings in data management costs and reducing time-to-answer from months to minutes.
“We’re honored that Podium was recognized for its innovative, game-changing approach by MassTLC,” said Paul Barth, CEO of Podium Data. “This is an exciting time for our company as we redefine enterprise data management. We’re extending Hadoop economics to a new tier of companies without retooling or retraining, so they can securely launch a data lake in weeks, and scale with the enterprise demands for managing, preparing and delivering data to the business.”
About Podium Data
Podium Data is the disruptive force defining the new way to manage, prepare and deliver enterprise data. The company offers the first data lake software platform, a comprehensive end-to-end solution that manages enterprise data from initial capture through delivery of business-ready data. Extending the efficiencies of Hadoop economics, the platform gives analysts fast, self-service, governed access to trusted data from disparate sources. IT elevates its value contribution by unleashing data to business users who now have information on demand. Podium displaces costly and ineffective ETL products, processes and resources, cutting data management costs down by millions and reducing data access from months to minutes. Production customers are leveraging Podium for a variety of business functions, including risk management, customer service, marketing, compliance and product management. Visit http://www.podiumdata.com to learn more.