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San Francisco, CA, United States, 2013/04/22 - RainStor’s Big Data database technology, used today by the world’s largest banks and telcos, reduces data footprints by up to 40x and storage costs by as much as 90% - UBM.com / RainStor.com.
RainStor has been recognized by a top technology publication for its success helping the world’s largest companies reduce Big Data storage costs. UBM Tech Channel’s CRN published its inaugural Big Data 100 list today, including RainStor and other innovators whose products and services have significantly enhanced Big Data management and analysis.
RainStor is a pioneer in the field of Big Data, known for its patented compression technology, which greatly reduces the storage footprint and therefore costs, so customers can easily meet future growth. Its product, developed to address Big Data by storing everything once and never repeating anything enables the most efficient scale to store, manage and analyze extreme data volumes in the most cost effective way. RainStor guarantees 90% savings in data storage costs and customers typically see compression rates of 20-40X. Customers include many of the world’s largest banks, telecommunication providers and government agencies. These enterprises benefit from both data storage reduction and fast query access using standard SQL, BI Tools, Hive, MapReduce and Pig when running natively on Hadoop.
“The 2013 Big Data 100 list recognizes vendors that have shown a dedication to the innovation and advancement of today’s Big Data services, and have evolved to meet the needs of today’s business leaders,” said Kelley Damore, Senior Vice President and Editorial Director, CRN. “Companies need technologies that not only help them process and manage all that data, but also offer market insights. The Big Data 100 vendors set themselves apart with the cutting edge products and services that provide significant growth opportunities for solution providers to build their business and effectively compete in today’s information economy.”
“Data storage costs are outpacing enterprise data growth rates,” said Deirdre Mahon, VP Marketing at RainStor. “We typically see a bank’s data growth as high as 70% annually, which is not sustainable with current IT budgets. RainStor’s technology vastly reduces storage costs as a barrier to success in Big Data projects and speeds up analysis so customers get insights faster. We are honored to have been recognized by CRN Magazine for our role in the Big Data industry.”
About UBM Tech Channel
UBM Tech Channel, a UBM company (ubm.com), is the premier provider of IT channel-focused events, media, research, consulting, and sales and marketing services. With more than 30 years of experience and engagement, UBM Tech Channel has the unmatched channel expertise to execute integrated solutions for technology executives managing partner recruitment, enablement and go-to-market strategy in order to accelerate technology sales.
RainStor (RainStor.com) is the only enterprise database that consistently delivers 90% cost savings to customers facing Big Data and Data Warehousing challenges. RainStor’s patented technology provides the industry’s highest rate of data compression, high performance, and flexible on-demand query. RainStor is storage agnostic and can run on-premise or in the cloud and natively on Hadoop. The largest enterprises use RainStor to predictably scale, improve operational efficiency and meet compliance requirements while saving millions in costs.
Betzi-Lynn Hanc, UBM Tech Channel
P: 508-416-1182 - E: betzi.hanc[.]ubm.com.