IBM Upgrades Big Data, Cloud Approach
The PureData System for Analytics, powered by technology from Netezza, has been included in the suite. The product increases data analysis and capacity efficiency in handling large-scale volumes of information, and is already in use at the New York Stock Exchange (NYSE).
"NYSE needs to store and analyze seven years of historical data and be able to search through approximately one terabyte of data per day, which amounts to hundreds in total," says Emile Werr, head of product development at NYSE's Big Data Group and global head of Enterprise Data Architecture and Identity Access Management for NYSE Euronext. "The PureData System for Analytics powered by Netezza system provides the scalability, simplicity and performance critical in being able to analyze our big data to deliver results eight hours faster than on the previous solution, which in our world is a game changer when you look at the impact on businesses every second that passes."
The release also includes a streamlined, smaller version of its Pure Application System, designed for the acceleration of cloud deployments across a range of organization sizes.
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