SAN FRANCISCO--(BUSINESS WIRE)--IDG’s InfoWorld, the technology media brand committed to serving as the leading voice in emerging enterprise technology, today announced Kinetica as winner of its 2020 InfoWorld Technology of the Year Awards. The 12 winners this year, selected by InfoWorld editors and reviewers, are the most innovative products in the areas of software development, devops, cloud computing, data analytics, and machine learning.
In the crowded technology landscape, Kinetica and the InfoWorld Technology of the Year winners, stand out as the leaders in the new software-based, data-driven economy. Kinetica’s Active Analytics Platform brings together all key elements of dynamic analytics in a unified platform, such as historical data analytics, streaming data analytics, location intelligence, and artificial intelligence, which has led the company to triple-digit growth year-over-year since its inception, and has grown a global customer base including Citibank, Telkomsel, Softbank, GSK, and OVO.
“If ‘digital transformation’ means anything, it means taking advantage of the latest advances in software development, cloud computing, data analytics, and AI to improve your business,” said Doug Dineley, executive editor of InfoWorld. “Our 2020 Technology of the Year Award winners are the platforms and tools that the most innovative companies are using to tap the power of data, streamline business processes, and respond more quickly to customers and new business opportunities.”
In a recent independent technical review by InfoWorld, the Kinetica Active Analytics Platform was recognized for excellence with a rare 4.5-star rating and received the sought-after InfoWorld Editor’s Choice award. The Kinetica Platform includes a distributed, in-memory, GPU-accelerated database that utilizes a powerful combination of CPUs and NVIDIA GPUs to analyze massive, complex datasets with millisecond response times.
“Kinetica is solving some of the world’s most complex problems for many of the world’s largest companies and governments,” said Paul Appleby, CEO. “We are thrilled that Infoworld is validating the active analytics market by awarding Kinetica best technology and most innovative product in 2020. We are looking forward to continuing to innovate, and helping some of the largest companies in the world address mission critical use cases such as 5G network planning, intraday risk management, real-time inventory replenishment and of-the-moment fraud and threat detection.”
The Kinetica Active Analytics Platform combines streaming and historical data with location intelligence and machine learning-powered analytics. Kinetica helps many of the world’s largest companies solve some of the world’s most complex problems, including Citibank, GSK, OVO, Softbank, and Telkomsel, among others. Organizations across automotive, energy, telecommunications, retail, healthcare, financial services, and beyond leverage the platform’s GPU-accelerated computing power to build custom analytical applications that deliver immediate, dynamic insight. Kinetica has a rich partner ecosystem, including Dell, HP, IBM, NVIDIA, and Oracle, and is privately held, backed by leading global venture capital firms Canvas Ventures, Citi Ventures, GreatPoint Ventures, and Meritech Capital Partners. For more information and trial downloads, visit kinetica.com or follow us on LinkedIn and Twitter.