Data Processing Engine rapidly analyzes trade data.
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Press Release Summary:
Suited for financial services industry, Real-Time Data Processing Engine takes in trade data and enables flexible real-time filtering, querying, and pattern matching for business analytics. Engine is scalable across query type and data size and format. It achieves querying rates of over 50 million messages/sec and compression ratio of over 4:1.
Original Press Release:
The Future of Data Processing Rooted in Prime Numbers
Skyler Launches Prime Processing Technology at DEMOfall
WALNUT CREEK, Calif., Sept. 19 /-- Skyler Technology, Inc., today officially unveiled its Prime Processing technology and real-time data processing engine at DEMOfall 2005, the premier conference for new product and technology launches. Skyler's real-time data processing engine for the financial services industry allows users to thoroughly analyze trade data at unprecedented levels of speed, compression, and sophistication.
"Skyler's technology has fascinated me from the outset," stated Chris Shipley, Executive Producer of DEMOfall. "The company's real-time engine is uniquely positioned to solve the growing challenges of data processing in the financial services industry, and offers institutions a powerful new solution with significant business value." The DEMO conferences have served as the launch pad for companies such as Palm, E*Trade and Java. Skyler was today added to these ranks of prestigious DEMO launches.
Skyler's extraordinary Prime Processing technology traces its foundation to unique insights into the hidden power of prime numbers by Co-Founder and Chief Scientist, Jack LeTourneau, PhD. In industries where speed and complexity of data processing are a competitive necessity, Skyler's real-time engine provides faster, more efficient decision-making and improved business agility.
The real-time engine takes in trade data and enables flexible real-time filtering, querying and pattern matching for superior business analytics. Targeted at the financial sector, Skyler's method achieves unparalleled querying speed, features inherent compression for more efficient memory use, and is highly scalable across query type and data size and format. With benchmarks attaining querying rates of over 50 million messages per second and a compression ratio of over 4:1, Skyler's real-time engine will have significant impact in the area of high performance data processing.
"We have entered the market at an ideal time, when a broad spectrum of industries is faced with the challenge of processing ever-increasing amounts of data at an ever-decreasing amount of time," said Steve Cooper, CEO of Skyler. "There is a critical need for applications to tackle mounting large-scale data processing challenges, and our real-time data processing engine is only the first of Skyler applications to address exactly that."
For more information, visit www.skylertech.com.
CONTACT: Shauna Axton of Skyler Technology, +1-925-952-4880, ext. 114
Web site: www.skylertech.com/
