Yellowfin and ParStream Partner to Provide Complete Big Data Analytics Platform

ParStream, provider of the leading Real-Time Database for Fast Data Analytics, t
oday announced a strategic partnership with global Business Intelligence (BI) an
d analytics software vendor, Yellowfin.
Silicon Valley, Calif. & Melbourne, Australia, May 08, 2014 -- Yellowfin has cer
tified its market-leading, easy-to-use BI solution on ParStream's relational datab
ase, which is based on its patented High Performance Compressed Index (HPCI) tec
hnology. HPCI is a bitmapping structure that allows data to be analyzed in its c
ompressed state, skipping the decompression and often resource-consuming stage o
f analytics. The partnership means ParStream and Yellowfin will be offered as a
comprehensive, end-to-end solution for big data analytics.
The alliance will enable organizations to process massive amounts of stored and
streaming data, in structured and semi-structured formats, in real-time. This da
ta can then be delivered throughout the enterprise, in the form of highly intuit
ive visualizations, to empower decision-makers with timely, fact-based actionabl
e intelligence. Users are now able to achieve greater ROI on their data assets.
Michael Hummel, CEO and Co-Founder at ParStream, said: The partnership with Yello
wfin underscores our commitment to bring to market the most robust analytics pla
tform to support businesses of all sizes with their big data initiatives. With Y
ellowfin's BI as a virtualized platform, Fast Data simultaneous analysis of histor
ical and live, streaming data can now be accessed, monitored, visualized, and ut
ilized with ease. As vast amounts of raw data can be hard to understand and cont
extualize, Yellowfin's ability to make that information highly understandable and
actionable with its intuitive dashboards, collaborative BI features, and mobile
applications is critical.
Joerg Bienert, CTO and Co-Founder at ParStream, stated: In the business analytics
space, there are two inescapable truths: Organizations are attempting to act on
increasingly large volumes of data in continually shrinking timeframes. At the
same time, organizations realize the value in enabling more people to use that d
ata to make faster, better decisions. Yellowfin's focus on data consumers business
people from non-technical backgrounds was an important factor in the partnershi
p decision.
Yellowfin CEO and Co-Founder, Glen Rabie, commented: This partnership will help m
ake crucial insights, derived from big data analytics, available to businesses a
nd decision-makers of any discipline. Yellowfin's consumer-oriented approach to re
porting and analytics, combined with ParStream's HPCI technology and low infrastru
cture requirements, enables us to deliver a world-class big data analytics platf
orm that's financially and technologically accessible to everyone. Together, ParSt
ream and Yellowfin make pervasive real-time analytics on big data achievable for
organizations of all sizes.
For more information, visit www.parstream.com and www.yellowfinbi.com.
About ParStream:
ParStream helps businesses gain immediate insights into their data. As the leadi
ng provider of real-time databases, ParStream powers Big Data analytics on the m
assive amounts of data businesses collect daily. The award winning, breakthrough
technology enables ultra-fast, flexible analytics of stored and streaming data.
The ParStream Real-time Database is used worldwide in e-commerce, telecommunica
tions, finance, advertising, retail, and mining. Based in Cupertino, Calif., Par
Stream has been awarded #1 Big Data Startup by CIO Magazine, recognized as a Cool V
endor in the Advancing Data Management Maturity report by Gartner, and was named T
rend-setting Products in Data of 2014 by Database Trends and Applications. For mo
re information, visit www.ParStream.com.
To keep up-to-date with the latest industry trends, insights, and perspectives f
rom ParStream, follow us on Twitter @ParStream.
About Yellowfin:
Yellowfin is a global Business Intelligence (BI) and analytics software vendor p
assionate about making BI easy. Founded in 2003 in response to the complexity an
d costs associated with implementing and using traditional BI tools, Yellowfin i
s a highly intuitive 100 percent Web-based reporting and analytics solution. Yel
lowfin is a leader in mobile, collaborative and embeddable BI as well as Locatio
n Intelligence and data visualization. For more information, visit www.yellowfin
bi.com.
For regular updates and news, follow Yellowfin on Twitter (@YellowfinBI), Linked
In (Yellowfin Business Intelligence) or email pr@yellowfin.bi to subscribe to Ye
llowfin's free e-newsletter.
For further media information, interviews, images, or product demonstration, ple
ase contact:
ParStream: Johnny Truong, Sonus Public Relations for ParStream Inc. on +1 (415)
830-4530 or johnny.truong@sonuspr.com
Yellowfin: Lachlan James, Communications Manager on +61 (0)3 8617 4954, +61 (0)4
31 835 658 or lachlan.james@yellowfin.b
Contact:
Lachlan James
Yellowfin
Level 46, 360 Elizabeth Street,
Melbourne 3000, VIC, Australia
+61-038-617-4954
lachlan.james@yellowfin.bi
http://www.yellowfinbi.com/