Country for PR: United Kingdom
Contributor: PR Newswire Europe
Tuesday, March 21 2023 - 01:51
AsiaNet
KX announces general availability of kdb Insights Enterprise on Microsoft Azure
NEW YORK and LONDON, March 20, 2023 /PRNewswire-AsiaNet/--

Representing a significant milestone for its strategic partnership with 
Microsoft, KX today announces the general availability of kdb Insights 
Enterprise on Microsoft Azure, an enterprise-ready, real-time analytics engine 
with the world’s fastest time-series database (kdb) at its core, running 
natively on Azure. 

It represents the industry-first Data Timehouse, a new class of data and AI 
management platform designed for temporal data generated by digital 
transformation. It provides data scientists and application developers with 
precision access to temporal data on real-time and massive historical datasets 
with the Azure native tools they use today.

Engineered by KX, kdb Insights Enterprise on Microsoft Azure enables businesses 
to transform into real-time intelligent enterprises, with preview customers 
reporting up to 100x the performance at one tenth of the cost of competing 
solutions.  

KX has developed a go-to-market strategy to target those businesses where the 
processing and analysis of time series and machine data is a critical business 
requirement. Customers also benefit from being able to use their Azure 
Consumption Credits, simplifying adoption, billing and payment.

Also announced today is the first customer win for the new service, with Syneos 
Health signing a multi-year subscription contract to leverage the power of kdb 
Insights Enterprise on Microsoft Azure to significantly reduce the time it 
takes to execute clinical trials and discover new drug treatments. The 
agreement with Syneos Health will see KX deployed across a variety of use cases 
– including disease modelling for virtual clinical trials and patient journey 
mapping – to enable Syneos Health to drive greater value from faster clinical 
trials, increase the likelihood of successful trials and bring new drugs to 
market faster.

Ashok Reddy, KX CEO, commented: “The launch of kdb Insights Enterprise on 
Microsoft Azure as a first party service is a watershed moment for KX. 
Representing the industry’s first Data Timehouse, it enriches data warehouse 
and lakehouse technologies and gives customers access to the power and 
performance of kdb with all the benefits of the Azure platform. It enables 
companies in all sectors to accelerate their AI and ML analytics workloads, 
putting data driven decision science at the very heart of their business for 
enhanced operational and commercial outcomes. We continue to see enormous 
opportunity for our strategic partnership with Microsoft, helping to underpin 
our growth expectations.”

Larry Pickett, Chief Information & Digital Officer, Syneos Health said: “Our 
collaboration with KX and Azure has been instrumental in helping further 
advance our technology and data capabilities with the goal of accelerating 
development of new therapies for patients. Together, we are working to use the 
power of data analytics and AI to unblock data access and compute challenges, 
to compress both timeframes and costs. We’re thrilled to take our work to the 
next level and deliver even stronger results for customers with kdb Insights 
Enterprise on Azure.”

Corey Sanders, Corporate Vice President of Microsoft Cloud for Industry said: 
“In partnership with KX, we’re excited to launch one of the industry’s first 
data timehouse on the Azure platform. While in preview, we have already seen 
impressive results for customers in capital markets, healthcare, manufacturing, 
and energy. We look forward to working with KX to help businesses achieve 
transformative growth with kdb Insights Enterprise on Azure.”

About KX
Our mission is to accelerate the speed of data and AI-driven business 
innovation enabling customers to transform into real-time, intelligent 
enterprises. Built for the most demanding data environments, our Data Timehouse 
software is trusted by the world’s top investment banks and hedge funds, and 
leading companies in the life and health sciences, semiconductor, 
telecommunications, and manufacturing industries. 
At the heart of our technology is the kdb time series database and analytics 
engine, independently benchmarked as the fastest on the market. It can process 
and analyze time series and historical data at unmatched speed and scale, 
empowering developers, data scientists, and data engineers to build 
high-performance data-driven applications and turbo-charge their favorite 
analytics tools in the cloud, on-premise, or at the edge. 
Ultimately, our technology enables the discovery of richer, actionable insights 
for faster decision making which drives competitive advantage and 
transformative growth for our customers.
KX operates from more than 15 offices across North America, Europe and Asia 
Pacific. For more information visit www.kx.com or contact: pr@kx.com

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Source: KX
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