Country for PR: United Kingdom
Contributor: PR Newswire Europe
Monday, April 03 2023 - 16:05
AsiaNet
KX Delivers Industry-First Data TimeHouse on Microsoft Azure
NEW YORK and LONDON April 3, 2023 /PRNewswire-AsiaNet/ --

- Accelerate AI innovation on time series data with up to 100x the performance 
at 1/10th of the cost

KX [http://www.kx.com/]  today announced the general availability of one of the 
industry's first Data Timehouse platforms, kdb Insights Enterprise on Microsoft 
Azure. The offering helps accelerate AI, machine learning (ML) and analytics 
for AI-driven business innovation based on time-oriented observability of 
business interactions, decisions, and digital twin infrastructure with up to 
100X the performance and 1/10th of the cost of alternative solutions.
 
A Data Timehouse is a new class of data & AI management platform designed for 
temporal data generated by digital transformation. They enrich traditional data 
warehouse and lakehouse stores for a more complete, real-time view of the 
business.

The Microsoft Azure Data Timehouse, based on kdb Insights Enterprise, includes 
native support for Python, SQL, temporal analytics, and the ability to process 
time series data in real-time. It provides data scientists, data engineers, and 
application developers precision access to temporal data on real-time and 
massive historical datasets with the Azure native tools they use today.
KX engineering enables data and AI-driven business innovation for Azure 
customers

The KX Data Timehouse innovation with Microsoft powers any dynamically changing 
system that requires greater observability, like generative AI, time-based data 
collection, simulation, and IoT-based systems. It helps the enterprise identify 
patterns, trends, and causality, and more accurately predict behaviors and 
forecast results based on what is happening in the moment.

It will target business applications where the processing and analysis of time 
series and machine data is a critical business requirement—such as market data 
in financial services, network data in the telecoms industry, patient data in 
healthcare, and sensor data from factory equipment and smart energy meters.
Kdb Insights Enterprise on Azure helps businesses worldwide deliver more 
insight from more data, faster, for a fraction of the cost, driving more 
business value, instant insights, more comprehensive AI models, and reduced 
risk.

Larry Pickett, Chief Information & Digital Officer, Syneos Health: "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 are thrilled to take our work to the 
next level and deliver even stronger results for customers with kdb Insights 
Enterprise on Azure.

Ashok Reddy, KX CEO: "With the launch of kdb Insights Enterprise on Azure, we 
are introducing the industry first Data Timehouse. This innovation enriches 
cloud data warehouse and lakehouse technologies so that precision time-based 
data can be a first-class data citizen beside structured, semi-structured and 
unstructured data. When it comes to operationalizing these ML and AI workloads, 
kdb Insights Enterprise on Azure is designed for real-time deployment at scale. 
It was conceived from our work with the demanding time-based enterprises in the 
world, on Wall Street. Today, enabling data-driven decisions in real-time is at 
the heart of every digitally transforming enterprise for better operational and 
commercial outcomes."

Corey Sanders, Corporate Vice President of Microsoft Cloud for Industry: "In 
partnership with KX, we are pleased to launch one of industry's first Data 
Timehouse on the Microsoft 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."

Available now on the Azure Marketplace, kdb Insights Enterprise on Azure will 
enable customers to contribute towards their organization's Microsoft Azure 
Consumption Commitment (MACC) simplifying deployment, adoption, and billing. 
More information can be found at https://kx.com/partners/microsoft-azure/

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Source: KX
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