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August 13, 2022
Finance Technologies

Data insights firm Kinetica taps Dell for hardware

It can handle "extreme data"

It can handle “extreme data”

Data insights company Kinetica has expanded on its partnership with Dell EMC to offer a bundled solution to help clients gather actionable insights from raw data, reports Julie Muhn at Finovate.

Dell EMC, part of Dell Technologies, collaborated with Kinetica to create a data platform that handles – as Kinetica calls it – “extreme data”. These large and complex data sets require more computing performance, which will be powered by Dell PowerEdge servers.

Ron Pugh, vice-president and general manager for the Americas at Dell EMC OEM Solutions, says the solution “offers massive amounts of additional computing performance for real-time streaming data, machine learning and geospatial visualisation of enterprise workloads”.

Kinetica’s GPU-accelerated insight engine will focus on the software side to analyse massive sets of data in real-time.

Paul Appleby, Kinetica CEO, adds: “Previously, in the manufacturing economy data was used for business validation; as we evolved to the service economy, data was used to make informed decisions; and, now, in the extreme data economy our business is powered by data.”

Since it was founded in 2009, Kinetica has raised $63 million in funding from Canvas Ventures, Citi Ventures, GreatPoint Ventures, and Meritech Capital Partners.

At the start of this year, Kinetica partnered with UClick to launch solutions in South Korea.

Data insights firm Kinetica taps Dell for hardware
Data insights firm Kinetica taps Dell for hardware
Fintech

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