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San Carlos, California (PRWEB)
September 1, 2010
Aster Data, a recognized leader dedicated to providing the best data management and processing platform for big data analytics, today announced it has been named 2011 Technology Pioneer by the World Economic Forum. Aster Data joins an exclusive group of award winners including Google, Mozilla, PayPal and Twitter.
Tasso Argyros, CTO and co-founder of Aster Data said: “This is a great recognition for everyone at Aster Data because from the moment the company was founded, our technological vision has always been to provide solutions that lead the field of big data management and analytics that help our clients improve customer service and maintain a competitive advantage. And that Aster Data is recognized as a technology pioneer by a world-renowned organization like the World Economic Forum is a great honor for our entire team. “
The identification of technology pioneering companies is the result of a vigorous selection process, for which the Forum received more than 330 applications from around the world, and which were evaluated by 68 global technology experts, resulting in only 31 companies are represented in the price. This year, the Forum received the widest range of origin countries, with 13 countries represented: Australia, Canada, India, Israel, Lithuania, Netherlands, Nigeria, People’s Republic of China, South Africa, Switzerland, Thailand , United Kingdom and the United States.
“The World Economic Forum is proud to recognize an exceptional group of innovative companies as technology pioneers for 2011,” said André Schneider, Managing Director and Chief Operating Officer of the World Economic Forum. “Their technologies and business models will have a lasting and valuable effect on several industries and society as a whole. We look forward to their unique contributions to the Forum’s mission: to improve the state of the world.
To be selected as a technology pioneer, a company must be involved in the development of a major technology and / or innovation and have the potential to have a long-term impact on business and society. In addition, it must demonstrate visionary leadership and show all the signs of being a long-standing and enduring market leader – and its technology must be proven.
Don Watters, Chief Data Architect for MySpace, said: “It’s no surprise to the MySpace team that Aster Data has won this award. Their innovative approach allowed them to create cutting-edge data analysis solutions such as SQL-MapReduce, which allowed us to manage our ever-growing mountain of customer data while discovering the business intelligence to help make move our organization forward. Besides Aster Data’s ability to produce unique solutions such as SQL-MapReduce, their willingness to work closely with MySpace has enabled us to design tailor-made solutions for big data analysis than others in their industry. simply could not have provided.
If you would like to read the Aster Data profile or download the report, please visit http://www.weforum.org/techpioneers
For more information on Aster Data, please visit http://www.asterdata.com/ or call 1.888.Aster.Data (US) or +1.650.232.4400 (INTL).
About Aster data
Aster Data is a recognized leader in big data management and analysis for data-driven applications. Aster Data’s nCluster is the first MPP data warehouse architecture that enables applications to be fully integrated into the database engine to enable ultra-fast and in-depth analysis of large data sets. Aster Data’s unique “applications-within ™” approach allows application logic to exist and run with the data itself. Called a “data analytics server,” Aster Data’s solution efficiently utilizes Aster Data’s patent-pending SQL-MapReduce along with parallelized data processing and applications to meet the big data challenge. Companies using Aster Data include Coremetrics, MySpace, comScore, Akamai, Full Tilt Poker, and ShareThis. Aster Data is headquartered in San Carlos, California, and is backed by Sequoia Capital, JAFCO Ventures, IVP, and Cambrian Ventures, as well as industry visionaries such as David Cheriton, Ron Conway, and Rajeev Motwani. For more information, please visit http://www.asterdata.com, or call 1.888.Aster.Data.
Aster Data, Aster Data nCluster, the Aster logo and Applications-Within ™ are registered trademarks of Aster Data. All other brands and trademarks referenced herein are recognized as trademarks or registered trademarks of their respective holders.
Media contact
Stacey Collins Burbach
Group of specific communications for the Aster data
602.279.1137
sburbach (at) pointcgroup (dot) com
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