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Attivio AIE® integration into the Actian ParAccel Big Data Analytics Platform
delivers unmatched performance and insights at fraction of big stack vendor cost
Attivio, creator of the award-winning Active Intelligence Engine (AIE®) and Actian, a leader in next-generation big data analytics, today announced a strategic OEM agreement. The agreement gives Actian customers the power to integrate and correlate human-generated, unstructured content sources with their structured data analytics to dramatically increase the return on their information assets.
Actian's ParAccel Big Data Analytics Platform accelerates analytic performance and enables rapid deployment of highly targeted analytics for critical initiatives including customer segmentation, fraud prevention, risk avoidance and digital marketing optimization. The addition of Attivio AIE's ability to include Big Content sources — social media, blog posts, email, research documents, SEC filings, insurance reports, legal depositions, open-ended survey responses and more — completes the Big Data analytics picture to greatly improve its impact and value.
With its patented query-time JOIN technology, Attivio AIE delivers unrivaled access to information from internal and external human-created information, so customers can integrate, correlate, access and analyze all of their assets, regardless of format. As a result, business users gain new, real-time business insights that help build revenue, cut costs, increase competitiveness and manage risk — insights that might otherwise go undiscovered.
"Big Content has become a vital piece in the Big Data puzzle," said David Schubmehl, Research Director, IDC. "The majority of enterprise information created today is human-generated, but legacy systems have traditionally required processing structured data and unstructured content separately. The addition of Attivio AIE to Actian ParAccel provides an extremely cost-effective option that delivers impressive performance and value."
"Through this alliance with Attivio, our customers now have access to all internal and external sources of unstructured content, solidifying our leadership position in the Big Data space," said Fred Gallagher, VP Strategic Business for Actian. "With Attivio, we are giving customers more options and making this technology accessible to companies who recognize the value of innovation that is simply not available from legacy big stack vendors who typically impose expensive, long-term contracts, inflexible technology and long deployment times."
"Actian ParAccel delivers high-performance analytics on massive amounts of data," said Sid Probstein, CTO at Attivio. "Being able to access and analyze outside sources from social media to any and all types of human-created content provides a complete and detailed view of customers and their requirements. It advances the entire field of BI and analytics."
About Actian: Take Action on Big Data
Actian powers the action-driven enterprise in the Age of Data, delivering rapid time to analytic value with a modular approach that connects data assets behind the scenes, enables unconstrained analytics and scales almost without limits. The Actian DataCloud integration and ParAccel Big Data Analytics Platforms help organizations leverage data assets for competitive advantage, delivering highly parallelized software that fully exploits modern chip, core and cluster infrastructures. Actian serves tens of thousands of users worldwide and is headquartered in Redwood City, Calif. with offices in Austin, New York, London, Paris, Frankfurt, Amsterdam, New Delhi and Melbourne. Stay connected with Actian Corporation on Facebook, Twitter and LinkedIn.
Actian, Actian DataCloud, ParAccel, Action Apps, and Ingres are trademarks of Actian Corporation and its subsidiaries.
Enterprise information looks more like Frankenstein than Superman;
Big Data ROI delivery time is 2-3 times slower than expected
Companies investing in Big Data initiatives are waiting 18-24 months to see return on their investment (ROI) and only 3 percent give their enterprise information "Superman" status, according to a recent Halloween-themed survey. The alarming gap in anticipated ROI versus reality is just one horror revealed in the Big Data survey conducted by unified information access (UIA) software leader Attivio.
When asked what Halloween costume best describes their company's enterprise information, 50 percent answered "Harry Potter — a rising wizard filled with potential but facing many challenges." "Like Pinocchio — well intentioned but prone to telling lies" and "Little Bo Peep trying to find all the lost sheep," both received 15 percent of the responses. Finally, 16 percent equate their enterprise information - from databases to text-based human-generated content — to "Frankenstein: misunderstood, tormented and downright ugly."
Additional findings include:
Most shockingly, when it comes to ROI, there is a large discrepancy between expectation and reality. When asked how long they are willing to wait for the "ROI cauldron to bubble over with value," 66 percent said less than 12 months. Despite this expectation (or vendor promise), 52 percent have been waiting more than 12 months, with 32 percent waiting 18-24 months.
"It is incomprehensible that Big Data, or any technology initiative for that matter, would take two years to return value on a company's investment when it can, and should, happen within the first 90 days," said Ali Riaz, CEO of Attivio. "One of the reasons for this slow time to value is that traditional approaches to Big Data segregate information in disconnected silos and require costly, time-consuming and inflexible data modeling in order to integrate them."
Attivio's survey results reflect findings from a recent Gartner survey. According to Gartner Analyst Roy Schulte's September 10, 2013 presentation, "Big Data and Analytics Strategy Essentials and Examples," 48 percent of Gartner survey respondents cited the variety of information as the Big Data characteristic that poses the biggest issue for their organization, while 35 percent selected volume and 16 percent said velocity.
On a promising note, the Attivio Big Data survey found that 38 percent of respondents maintain a positive outlook and say their ROI trick-or-treat bag is "half full."
Proactive BI solutions leader selects Attivio Active Intelligence Engine®
to power collaborative approach to unified information access
Newton, MA, US and Toronto, ON, Canada - Attivio, creator of the award-winning Active Intelligence Engine (AIE®), and Panorama Software, a global leader in proactive business intelligence (BI) solutions have established a technology alliance partnership to increase the business value of big content and big data.
The partnership combines Panorama's next generation BI solution and Attivio AIE to help companies realize the potential of unified information access (UIA) to explore and collaborate in ways never before possible. Specifically, the combination gives customers a streamlined enterprise decision-making process that eliminates the need to switch between multiple applications in order to access unstructured content and structured data from internal and external sources.
Panorama provides a dynamic dashboard for deeper analysis of data using suggestive insights and collaboration from recommended colleagues, all without having to switch between multiple applications.
Attivio AIE delivers unrivaled access and insight to information, so customers can integrate, correlate, access and analyze all of their assets, regardless of source or format. The Attivio and Panorama partnership offers the best of unified information access, intuitive information discovery in combination with enterprise BI.
"The Attivio-Panorama partnership exemplifies how two forward-thinking technology companies can collaborate to solve critical challenges currently frustrating business users," said Eynav Azarya, CEO of Panorama Software.
"Attivio helps leading organizations unleash the value of their enterprise information using advanced search and UIA. Panorama provides the visual, self-service tools needed to turn seeing into believing, and believing into action."
"One of the goals of collaborative BI is to connect data, insights and people within the organization," said Sid Probstein, CTO at Attivio. "The partnership with Panorama achieves this because it gives customers seamless and intuitive discovery of information from sources as varied as corporate BI to semi-structured data and unstructured content."
Panorama Software helps companies grow revenues, reduce costs and improve corporate performance by enabling collaborative decision making and unlocking actionable insights contained within their data.
Founded in 1993, Panorama Software is the original developer of the OLAP technology that was acquired by Microsoft in 1996, which was rebranded as SQL Server Analysis Services and integrated into the SQL Server platform. Since that sale, Panorama has been a close and strategic Microsoft partner.
Panorama streamlines business operations through a Software-as-a-Service (SaaS) and on-premise BI solution for over 2,000 customers worldwide, including some of the world's largest financial services, retail, manufacturing, healthcare, telecommunications and media companies. Panorama has a wide eco-system of partners in 30 countries, and maintains offices throughout North America, EMEA and Asia.