MapD Launches Latest Version of its Analytics Platform

MapD, a next generation database and visualization layer capable of providing immersive, instantaneous analytics on large and complex datasets, has released the latest version of its technology.

“(We) never thought about the MapD platform as ‘just’ a super fast SQL engine that can leverage GPUs or ‘just’ an immersive, interactive visualization solution,” wrote Venkat Krishnamurthy, VP of Product Management, at the MapD blog. “MapD has always been both, and we care about creating technology for a unified MapD experience around interactivity at scale.”

MapD CEO Todd Mostak demonstrating MapD Core and MapD Immerse at FinovateSpring 2017.

MapD 4.0 adds geospatial data types, an improved rendering engine, and enhancements with the technology’s query engine. These updates make it even easier for analysts to manage and interact with exceptionally large datasets that feature both spatial and temporal data. The ability to examine geospatial data on a map or time series chart, noted Krishnamurthy, provides analysts with “context and visual signals that we can understand clearly and intuitively.”

The new version brings several new features to both MapD Core, the foundation of the MapD Extreme Analytics Platform, and MapD Render, which instantly creates the interactive charts and geospatial visualizations from server-side GPUs. “With MapD 4.0, we’re taking the first big step toward making geospatial analytics available to any user,” Krishnamurthy noted, “from an experienced GIS analyst or data scientist who can write complex SQL queries over location enriched data to a business user of MapD Immerse who wants to go a step beyond mainstream BI tools to derive insight quickly and visually from the same data.”

MapD CEO Todd Mostak demonstrated the MapD platform – including Core and Immerse – at FinovateSpring 2017. With partners including NVIDIA, Google Cloud, IBM, and the Microsoft Accelerator Program, MapD has raised more than $37 million in funding from investors including New Enterprise Associates and Vanedge Capital. Earlier this year, MapD launched a cloud-based version of its offering MapD Cloud. The company was named to the insideBIGDATA IMPACT 50 list in April.

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This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

MapD Shoots for the Cloud

Analytics and visualization company MapD has its head in the cloud this week. That’s because the San Francisco-based company launched a cloud-based offering, MapD Cloud.

The new service has been in the making since the company launched in 2016, but proved difficult to implement without widespread availability of GPUs in the public cloud. Previously, it was difficult for customers to set up a cluster of GPUs to run MapD software because it was challenging to find a hardware manufacturer that carried GPU server SKUs– they were scarce in public clouds. This has shifted, however, with the rise of GPU computing adoption and major technology players providing support for GPU infrastructure.

Leveraging this shift, MapD has partnered with hardware vendors to standardize on-premises deployments and launched on the AWS marketplace. These moves have helped the company become a leader in GPU-accelerated analytics.

MapD was founded in 2013. The company’s CEO Todd Mostak most recently demoed the company’s Core and Immerse components at FinovateSpring 2017. Mostak also gave a presentation at FinDEVr New York 2017 titled How GPU-Powered Visual Analytics Are Remaking Financial Services. Last fall, MapD teamed up with IBM Power Systems to enhance the speed at which SQL queries can be performed.

Finovate Alums Earn Spots on insideBIGDATA IMPACT 50 List

It is no surprise to see companies like NVIDIA, Intel, Dell EMC, and SAS at the top of the quarterly insideBIGDATA IMPACT 50 roster. But what caught our eye was the handful of Finovate alums that won recognition on insideBIGDATA’s review of companies that are “making waves in the technology areas of big data, data science, machine learning, AI, and deep learning.”

“Our in-box is filled each day with new announcements, commentaries, and insights about what’s driving the success of our industry so we’re in a unique position (to) publish our quarterly IMPACT 50 List of the most important movers and shakers in our industry,” Daniel D. Gutierrez, managing editor and resident data scientist of insideBIGDATA wrote in an article accompanying the announcement.

What does it take to make the list? Gutierrez explained that the roster consists of companies that “exhibit technology leadership, strength of offering, proven innovation, positivity of message, quality perception in the enterprise, intensity and frequency of social media buzz, high profile of members of the C-suite, and in the case of public companies: positive financial indicators and stock price, and so much more!”

Our five honored Finovate alums are below. To see the full list of 50 “DataTech” companies, visit insideBIGDATA.

#9 Google (Europe 2018, Fall 2011): Appearing first on the Finovate stage with its Google Advisor solution and as recently as this spring in partnership with KBC Bank Ireland, Google is in the top ten of insideBIGDATA’s Impact 50 list. Google needs little introduction as one of the companies that has done the most to bring the benefits of data to technology consumers via solutions like Search, Maps, Google Play, and its Chrome browser. Founded in 1998, Google is headquartered in Mountain View, California.

#14 Kinetica (Europe 2018, Fall 2017):  Founded in 2009 and headquartered in San Francisco, California, Kinetica enables financial institutions to conduct on-demand risk calculations using the most up-to-date data with “sub-second speed.” High frequency trading firms and traditional asset managers alike can leverage Kinetica’s technology to measure risk, identify customer behavioral patterns, and locate up-sell opportunities. With $63 million in funding, Kinetica includes fellow insideBIGDATA Impact 50 members Dell EMC, NVIDIA, and Google Cloud Platform among its partners.

#15 MapD (Spring 2017, Fall 2016): Developer of the world’s fastest open source SQL engine, MapD harnesses GPUs to deliver extreme speed at scale. Based in San Francisco, MapD provides users with powerful data visualizations made possible by the technology’s ability to query and render billions of rows of data in milliseconds. MapD’s technology originated from research conducted at the MIT Computer Science and Artificial Intelligence Laboratory (CSAIL). Todd Mostak is CEO of the company, which was founded in 2013.

#40 Narrative Science (Fall 2013, Spring 2013): Specialists in Advanced Natural Language Processing (NLP), Narrative Science builds solutions that enable financial institutions to analyze, understand, communicate, and act upon their data quickly and efficiently. The company’s technology can turn ordinary numeric and symbolic data and visualizations into “intelligent narratives” that express insights and context in language that is indistinguishable from that of a human author. Headquartered in Chicago, Illinois, and founded in 2010, Narrative Science has raised more than $43 million in funding. Stuart Frankel is CEO.

#46 TIBCO (Asia 2013, Asia 2012): Founded in 1997 and headquartered in Palo Alto, California, TIBCO is a leader in integration, API management, and analytics. The company’s TIBCO Connected Intelligence Cloud gives enterprise users access to a unified suite of services including the company’s low-code development platform, TIBCO Cloud Live Apps. The company was acquired by Vista Equity Partners in September 2014 in a deal valued at $4.3 billion. TIBCO made headlines earlier this year with the appointment of a new CTO and COO.

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This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

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This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

MapD Partners with IBM Power Systems

Analytics platform MapD has partnered with IBM Power Systems to enhance its analytical performance. California-based MapD has optimized its MapD Core database and MapD Immersive visual analytics client to take advantage of IBM Power Systems to target the speed at which SQL queries can be performed.

Running queries on IBM Power Systems S822LC for HPC servers versus x86-based servers offers an SQL querying speed that is up to 1.3 x faster than recent benchmarks. On average, the updated queries show a 65% acceleration over the original, benchmarked SQL queries. Upgrades such as these help users analyze billion-row data sets in real-time.

“We’re bringing new performance capabilities to a broader audience only available on IBM Power Systems,” said Ashish Bambroo, VP of Business Development at MapD Technologies. “IBM Power Systems are optimized for the kind of compute-intensive applications where MapD’s technology excels. By harnessing the advantages of IBM Power Systems, we can provide our enterprise customers with more options for tackling the toughest workloads.”

To increase the speed, MapD is leveraging IBM’s POWER CPUs and NVIDIA Tesla P100 graphics processors. The POWER processor CPU works together with the NVIDIA Tesla P100 GPU, accelerating CPU-to-GPU analytic pipelines up to 2.5X. This acceleration bolsters MapD’s platform that uses GPUs to query and visualize billions of records in real-time. The company’s GPU-based platform performs from 75 to 3,500 times faster than traditional CPU databases.

MapD was founded in 2013. The company’s CEO Todd Mostak most recently demoed the company’s Core and Immerse components at FinovateSpring 2017. Mostak also gave a presentation at FinDEVr New York 2017 titled How GPU-Powered Visual Analytics Are Remaking Financial Services. Last month, MapD ranked among the best database and analytics tools according to InfoWorld.

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This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

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This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.