Algebraix Data Enters Agreement with BAE Systems
FOR IMMEDIATE RELEASE
CONTACT:
Linda D. Livingston
Algebraix Data Corporation
858-200-7215
http://www.algebraixdata.com
Algebraix Data Corporation Enters Agreement with BAE Systems to Codevelop Geospatial Intelligence Software
SAN DIEGO, CA, December 7, 2009 — Algebraix Data Corporation today announced that it is partnering with BAE Systems to develop state-of-the-art, real-time analytic platforms based on ALGEBRAIX™ technology.
The companies will jointly develop database technology to organize and process data for BAE Systems’ geospatial intelligence products. The collaboration between these two industry innovators will further leverage the breakthrough performance of the patented ALGEBRAIX system.
ALGEBRAIX technology enhances data-mining processing and enables higher levels of analytical performance. It also has the ability to manage real-time data in an analytic environment.
“By leveraging the performance and ease-of-use of ALGEBRAIX technology, organizations can drastically enhance the depth and speed at which they analyze their data,” says Algebraix Data CEO Charlie Silver. “As a result of this integration, organizations can ultimately develop more refined analytic models with greater efficiencies than what they are used to today.”
Due to explosive data growth and the importance of real-time understanding of complex issues, organizations across industries are facing significant data processing challenges. The ALGEBRAIX system was built specifically to analyze terabytes of detailed data 10 to 300 times faster than existing data warehouses on commodity hardware and allow real-time updates. This unique ability allows
organizations to build new and more valuable insight to their organization.
“Algebraix provides fast data access. By learning the structure and organization of the target data, the system organizes its internal structure to efficiently deliver the exact pieces required,” said Mike Morgan, enterprise chief engineer at BAE Systems, a global defense, security and intelligence company. “As the data model evolves, the system adapts to those changes, which accelerates data delivery.”
About Algebraix Data Corp.
Algebraix Data Corp (www.algebraixdata.com) is leading a technical revolution by applying extended set mathematics to data management and business intelligence. Its patented technology provides advanced analytics at a fraction of the cost. Algebraix technology enables 10-300x performance of conventional databases while running on affordable commodity hardware.
For further information, please contact:
Algebraix Data
Linda D. Livingston
858-200-7215
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