Levyx Signs Fintech OEM QuasarDB to Bring Unprecedented Performance to Latency-Sensitive Applications
January 19 2018 - 5:03PM
Levyx Inc., whose high-performance, ultra-low latency data
processing software dramatically reduces Big Data infrastructure
complexity and costs, announced that the company has signed
QuasarDB, a provider of a time series database for real-time data
analysis, as an OEM customer. Levyx’s Helium™ data engine has been
embedded in QuasarDB’s persisted, network-distributed,
column-oriented database with time series support. The combined
solution is being used to help large financial institutions mine
Big Data, such as market transaction histories for valuable
information that can provide insight into market trends. The
optimized solution can also be applied in similar use cases in the
Aerospace & Defense, Healthcare, Federal, IT & Telecom, and
Retail sectors.
Edouard Alligand, CEO of QuasarDB, said: “We chose Levyx’s
Helium product because it significantly enhances the performance of
Quasar’s database implementation in certain applications. It also
provides a reliable persistence layer and allows our data flow to
bypass the file system. These are important enhancements in a
growing number of customer applications needing to process
large-scale datasets in near-real-time with objects numbering in
the billions. Furthermore, Helium was very easily embedded into our
technology.”
Reza Sadri, CEO of Levyx, said: “We are very excited about
working with QuasarDB. The displacement potential of their database
is quite large as they have resolved many of the issues plaguing
some of the largest, most transactional institutions in the world.
They enable lightspeed while their potential customer base is still
encumbered by, in some cases, decades-old technology. QuasarDB is
also poised to extend their reach well beyond the financial
markets. For Levyx, this is another validation point that
high-performance, ultra-low-latency embeddable solutions are in
high demand and that their use cases are growing.”
Levyx software technologies are hardware-independent and serve
as enhancements to many of the world’s most popular Big Data
platforms including RocksDB, Apache Spark, LevelDB, and Memcached.
Levyx’s Helium engine is one of the world's fastest key value
stores and is optimized for flash, storage class memory, and
multi-core systems. Due to its highly embeddable characteristics,
Levyx has integrated Helium into these prolific Big Data platforms
as a high-performance core data processing engine.
Helium is available for enterprise consumption. An online demo
can be accessed at http://www.levyx.com/helium and a short YouTube
video on Helium can be found at http://bit.ly/LevyxHelium.
About Levyx Inc.Levyx’s software solutions
fundamentally disrupt the economics of Big-Data applications,
bringing the benefits of high-speed Big-Data processing to all
enterprises and commodity hardware. Optimized for all of the latest
hardware innovations, Levyx’s products make running large-scale
workloads in real-time far more efficient than conventional methods
and brings all of the enterprise features required by the most
demanding datacenter environments to those interactive data sets.
More information is available at www.levyx.com.
Levyx, the Levyx logo, and Helium are trademarks of Levyx
Inc. All other trademarks or brand names referred to in this
press release are the property of their respective owners.
Levyx Press Contact:Luis Morales(949)
466-2738morales@levyx.com