PALO ALTO, Calif. – Sysorex (NASDAQ: SYRX), a developer of high performance analytics software and solutions, today announced the general availability of its advanced data analytics solution, LightMiner. The solution, which consists of an in-memory hardware platform and specially tailored versions of the industry-standard SQL relational database and R statistical computing environment, is designed to deliver supercomputing performance at a fraction of typical supercomputing costs.
“In the world of data analytics, organizations have been forced to make the trade-off between performance and affordability for quite some time,” said Sysorex CEO, Nadir Ali. “On the one hand you have multi-million dollar, supercomputing systems capable of running very complex analytics very quickly; on the other, you have data analytics systems that use far less expensive hardware and software, but come at the cost of speed and sophistication. Our intent with LightMiner is to eliminate those trade-offs and level the playing-field so all enterprises can have access in real-time, to in-depth analytics and insights,” he said.
The LightMiner data analytics platform includes the following:
- Industry-standard ANSI SQL database and R Workbench environment built for massively parallel processing (MPP), supercomputing environments
- 10x to 200x performance increases over non-MPP algorithms running on standard systems
- Data importers for standard data formats, custom applications and batched extract, transform & load (ETL) imports
- Native support for streaming inserts from Internet of Things (IoT) gateways and other continuous, high volume data feeds to support Machine Learning
- Simple setup and installation: Can be up, running and producing results in under one hour
- Browser-based “workbench” administrative interface: No client application required.
- Compatible with 3rd party visualization, charting and graphing tools and dashboards
- Flat pricing model: No additional “per” (user / core /process / etc.) pricing.
LightMiner was originally developed to solve complex analytic problems such as those in scientific computing. Sysorex acquired the technology in April of last year. Since then, the company has focused on building out the product’s capabilities for a broader spectrum of applications including predictive and prescriptive analytics, mobile and IoT analytics, and machine learning. The product has been in beta with customers in retail, banking and agricultural research since last autumn. The company has also coupled LightMiner with Sysorex’s unified real time location system, AirPatrol, to deliver near real time foot traffic analytics, zonal analysis, asset tracking and security monitoring.
“This is a very exciting launch for us,” Ali said. “With its release, our customers, whether they are government agencies, healthcare providers, biotech, gaming, banking, or retail, will have the ability to do a deep dive, real time analysis on all of their data – physical and digital – from one platform. We believe this is going to be a game changer,” he said.
Sysorex develops the systems and solutions that power the data-driven enterprise. With an innovative approach to big data, analytics and the Internet of Things (IoT), we blend virtual data from software and networks with the huge volume of physical data generated by mobile devices and Internet-connected things to open new worlds of insight. Our unique solutions are helping organizations worldwide improve decision making, increase productivity, and fuel the discoveries of tomorrow. Headquartered in Palo Alto, California, we have regional offices in North America, South America, Europe and the Middle East. Visit Sysorex.com, follow us @SysorexGlobal and Link up on LinkedIn.
Safe Harbor Statement
All statements in this release that are not based on historical fact are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 and the provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. While management has based any forward-looking statements included in this release on its current expectations, the information on which such expectations were based may change. These forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of risks, uncertainties and other factors, many of which are outside of the control of Sysorex and its subsidiaries, which could cause actual results to materially differ from such statements. Such risks, uncertainties, and other factors include, but are not limited to, the fluctuation of global economic conditions, the performance of management and employees, the company’s ability to obtain financing, competition, general economic conditions and other factors that are detailed in the company’s periodic and current reports available for review at www.sec.gov. Furthermore, we operate in a highly competitive and rapidly changing environment where new and unanticipated risks may arise. Accordingly, investors should not place any reliance on forward-looking statements as a prediction of actual results. We disclaim any intention to, and undertake no obligation to, update or revise forward-looking statements.
A. Sage Osterfeld, +1 (760) 707-0459
Sysorex Investor Relations:
Scott Arnold, +1 (516) 222-2560