Information contained on this page is provided by an independent third-party content provider. WorldNow and this Station make no warranties or representations in connection therewith. If you have any questions or comments about this page please contact email@example.com.
VoltDB's High Velocity Database Will Provide Real-time Decisioning Capability
BOSTON and BEDFORD, Mass., Dec. 10, 2013 /PRNewswire/ -- VoltDB, the world's fastest high-velocity database today announced that it has entered into a VAR agreement with Q4 Systems Corporation (OTCQB:QFOR), a leading Social Media, Mobility, Analytics and Cloud Computing (SMAC) solutions provider offering a SaaS based platform for Healthcare and Retail industry verticals.
Q4 Systems selected VoltDB's in-memory database both for its high-speed data ingestion capabilities and its purpose-built architecture for high-velocity Online Transaction Processing (OLTP) applications. In particular, Q4 needed to accommodate the inventory data needs of retail customers facing new velocity data challenges as they increasingly embrace mobile technology. VoltDB will support Q4's RetailSphere and Loss Prevention services, all of which serve retailers with brick-and-mortar and web operations.
"As we continue to innovate SMAC solutions, our customers demand the ability to make very fast decisions on large, fast moving data sets. Q4 needed an operational database to solve these data performance challenges across our retail and telco market segments," said Raghu Bala, CTO of Q4 consulting. "The business demands to accommodate mobile functionality and the necessity of real-time analytics in an environment capable of real-time decisions lead us to select VoltDB."
VoltDB will also support Q4 Systems' solutions and services for investment banking, business intelligence and structured finance. Financial services customers will benefit from VoltDB's real-time visibility and data decisioning capabilities.
"The performance demands of Quadrant 4's SaaS offerings across multiple verticals made VoltDB a great fit," said Bruce Reading, President & CEO for VoltDB. "The scalability challenges faced by Quadrant 4 driven by the demands of mobile functionality across all of their key market segments was the driving factor for the selection of VoltDB."
VoltDB provides a fully durable, in-memory relational database that combines high-velocity data ingestion and real-time data analytics and decisioning to enable organizations to unleash a new generation of big data applications that deliver unprecedented business value. Organizations in markets ranging from financial services and Web media, to public utilities and national defense, use VoltDB to narrow the "ingestion-to-decision" gap from minutes, or even hours, to milliseconds. Founded by database legend Dr. Michael Stonebraker, VoltDB is privately held with offices in Bedford, Mass. and Santa Clara, Calif.
About Q4 Systems Corporation
Q4 Systems is an IT software company that develops and implements mission-critical cloud-based enterprise systems for both Fortune 500 companies and smaller enterprises. With over 500 employees operating in 5 countries, Q4 services over 150 companies worldwide. The company is a leading provider of Health Exchange platforms and a proprietary set of SMAC (social media, mobility, analytics and cloud computing) technology solutions to enterprise clients in the Financial Services, Health Care, Retail, Manufacturing and Telecommunication sectors. More information about Q4 Systems can be found at http://www.qfor.com/corporate/.
Davies Murphy Group, Inc.
©2012 PR Newswire. All Rights Reserved.