Ocient Sees 171% Growth Demonstrating High Demand for Hyperscale Data Analytics, ELT, and Machine Learning to Power Data-Intensive Innovation and Digital Transformation

Three version releases of the Ocient Hyperscale Data Warehouse

Following the initial GA release of the Ocient Hyperscale Data Warehouse version 19, Ocient released two additional versions of its flagship product. New features and optimizations in version 20 include a suite of indexes, native complex data types, and the creation of data pipelines at scale to enable faster and more secure analysis of log and network data for multi-petabyte workloads. Version 21 features incorporation of in-database machine learning and new geospatial analytics functions. Ocient plans to continue the rapid evolution of its next-generation hyperscale data warehouse platform in the upcoming version 22 release planned for spring 2023.

Partnership growth fuels additional momentum for Ocient

Ocient announced the general availability of the Ocient Hyperscale Data Warehouse along with its general availability in Google Cloud Marketplace and later announced general availability in AWS Marketplace. The company strengthened partnerships with strategic resellers and technical solutions including Amdocs, Axial, Carahsoft, Coravant, Sada, Trace 3, Tableau, Metabase and Superset.

“We’re thrilled to see rapid adoption of our hyperscale data analytics capabilities across a variety of industries and use cases,” said Gladwin. “We look forward to continued growth as we free customers from the constraints of their existing solutions while delivering a cost structure that enables them to invest more in innovation and future growth.”

About Ocient

Ocient is the leading hyperscale data analytics solutions company that enables organizations to unlock value by analyzing trillions of data records at performance levels and costs previously unattainable. Leading organizations around the world trust Ocient’s team of industry experts to design and deploy proven complex solutions that enable and fast-track new revenue opportunities, streamline operations, and improve security on five to 10 times more data while reducing their storage footprint by up to 80%. Ocient’s pilot-to-production solutions are rapidly deployed on-prem, in the OcientCloud or in the public cloud, with little to no resource-intensive integration. Ocient is a carbon-neutral company, headquartered in Chicago, and backed by leading investors including Greycroft, OCA Ventures and In-Q-Tel. For more information, please visit www.ocient.com.



Contact:

Miranda Honnoll
press@ocient.com



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