|By Maureen O'Gara||
|December 3, 2012 05:00 AM EST||
Another one of Andreessen Horowitz's seemingly endless supply of gold-tinged start-ups whose future is supposed to be theirs to lose has come out of start-up hiding to proclaim the existence of its newfangled SaaS-style data-warehouse-as-a-service for Big Data analytics running initially on Amazon.
It's called BitYota - a name derived from the combination of the smallest element of computer storage and the yotta, the biggest number, or 1024 - and besides Andreessen Horowitz BitYota's $12 million in seed and Series A funding comes from Globespan Capital, the Social+Capital Partnership, Dawn Capital, Crosslink Capital, Morado Ventures and individual investors like Yahoo founder Jerry Yang; Yahoo board member and former eBay COO, angel investor Maynard Webb; investor and financial writer Graham Summers; and MapReduce BitYota-like start-up ClearStory Data founder and Marc Andreessen buddy Sharmila Mulligan, who's evidently spreading her bets on Big Data analytics.
BitYota was one of eight start-ups hand-selected by Amazon to be showcased at re:Invent, the Amazon Web Service (AWS) inaugural customer and partner event in Las Vegas this week, where AWS happened to announce Redshift, its own strategic data warehouse service in the cloud currently in closed beta.
It's unclear if that surprised BitYota, which has garnered six beta customers in the last few months including an ad tech, an edu tech and a mobile house. All it can really do is characterize Amazon's move as validation.
The start-up says its widgetry is designed to run on cloud infrastructure without compromising functionality or scalability. It plans to expand its service to other public clouds besides Amazon in the near future and with Redshift in the offing guess it'll have to.
BitYota dramatically claims its SaaS platform frees Big Data "from the shackles of Big Costs and Big Headaches" and makes its analytics solution accessible in the fastest, most affordable way to the most users, with no compromise on functionality or service levels.
Its attributes include one-click data integration, fast analytics at scale and accessibility using familiar tools.
It was built from the ground up around its own shared-nothing massively parallel relational database and is supposed to unite the feature-rich functionality of a full-scale data warehouse with the flexibility and cost-effectiveness of Amazon's cloud infrastructure so any company can unleash the value of their data to gain insights and make better business decisions.
BitYota figures it's got a fundamentally improved approach for those looking to harness the power of Big Data analytics. Key features include:
- Affordable SaaS: Customers no longer have headaches about hardware provisioning or maintaining homogeneous configurations; software versions, upgrades and installations; database administrators manage and maintain the throughput of workloads; advance planning for growth and burst needs; and concurrent users.
- Click Data Integration: Customers can load data from data sources such as S3, NoSQL stores and RDBMs and combine all their data including event logs, user profiles and transactions in a single place in the cloud. BitYota auto-detects varying data formats and schemas; understands the rate of arrival/change of new data and seamlessly loads it on a pre-determined schedule.
"Companies across every spectrum have an undeniable need to use data to unlock new sources of economic value but relatively few companies have invested sufficient time, money or people to do this right," BitYota CEO Dev Patel, who worked on Hadoop at Yahoo, said. "We believe that data and analytics should be broadly accessible to everyone inside the company and it shouldn't take a fortune to analyze data. I'm proud to say that today BitYota launched a data warehouse-as-a-service that allows just that. We are a cost-effective, self-managing and intuitive service that empowers users to work with their own data in familiar ways, with little retooling or disruption."
The starter widgetry costs $1,500 a month for five users starting with 10 EC2 compute unit and 500GB. It's capable of five concurrent queries. There's a week's free trial on a smaller configuration at www.bityota.com/pricing/.
The market for Big Data technology and services is supposed to grow from $3.2 billion in 2010 to $16.9 billion in 2015, at a 40% CAGR. The forecast is split between 34.2% software, 27.3% servers and 61.4% storage.
BitYota's addressable target market is supposed to be a portion of the $5.8 billion operating on public clouds or roughly $3 billion.
It has visions of being to data warehousing what Salesforce has been to customer relationship management.
However, its immediate market would be companies with relatively small data warehouses, or folks already generating their data on Amazon cloud, if Amazon doesn't gobble them all up.
The company, which so far has 15 people, was founded in 2011 by executives and senior engineers with Big Data experience from Yahoo, Oracle, Veritas/Symantec, Informix, BMC, Kabira/Tibco and Twitter.
One of its founders, chief of cloud services Soren Riise, was an honest-to-God rocket scientist at the European Space Agency. Another co-founder, CTO Harmeek Bedi, used to be a lead database architect at Oracle and Informix after IBM bought it.
"We've discovered that after shows 80% if leads that people get, 80% of the conversations end up on the show floor, meaning people forget about it, people forget who they talk to, people forget that there are actual business opportunities to be had here so we try to help out and keep the conversations going," explained Jeff Mesnik, Founder and President of ContentMX, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Jul. 23, 2016 11:45 PM EDT Reads: 1,193
Internet of @ThingsExpo has announced today that Chris Matthieu has been named tech chair of Internet of @ThingsExpo 2016 Silicon Valley. The 6thInternet of @ThingsExpo will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Jul. 23, 2016 11:15 PM EDT Reads: 1,848
When people aren’t talking about VMs and containers, they’re talking about serverless architecture. Serverless is about no maintenance. It means you are not worried about low-level infrastructural and operational details. An event-driven serverless platform is a great use case for IoT. In his session at @ThingsExpo, Animesh Singh, an STSM and Lead for IBM Cloud Platform and Infrastructure, will detail how to build a distributed serverless, polyglot, microservices framework using open source tec...
Jul. 23, 2016 11:00 PM EDT Reads: 2,216
The 19th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Digital Transformation, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportuni...
Jul. 23, 2016 10:15 PM EDT Reads: 2,409
From wearable activity trackers to fantasy e-sports, data and technology are transforming the way athletes train for the game and fans engage with their teams. In his session at @ThingsExpo, will present key data findings from leading sports organizations San Francisco 49ers, Orlando Magic NBA team. By utilizing data analytics these sports orgs have recognized new revenue streams, doubled its fan base and streamlined costs at its stadiums. John Paul is the CEO and Founder of VenueNext. Prior ...
Jul. 23, 2016 09:30 PM EDT Reads: 1,940
A critical component of any IoT project is what to do with all the data being generated. This data needs to be captured, processed, structured, and stored in a way to facilitate different kinds of queries. Traditional data warehouse and analytical systems are mature technologies that can be used to handle certain kinds of queries, but they are not always well suited to many problems, particularly when there is a need for real-time insights.
Jul. 23, 2016 08:45 PM EDT Reads: 1,646
CenturyLink has announced that application server solutions from GENBAND are now available as part of CenturyLink’s Networx contracts. The General Services Administration (GSA)’s Networx program includes the largest telecommunications contract vehicles ever awarded by the federal government. CenturyLink recently secured an extension through spring 2020 of its offerings available to federal government agencies via GSA’s Networx Universal and Enterprise contracts. GENBAND’s EXPERiUS™ Application...
Jul. 23, 2016 08:30 PM EDT Reads: 1,767
"My role is working with customers, helping them go through this digital transformation. I spend a lot of time talking to banks, big industries, manufacturers working through how they are integrating and transforming their IT platforms and moving them forward," explained William Morrish, General Manager Product Sales at Interoute, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Jul. 23, 2016 08:30 PM EDT Reads: 2,017
Big Data engines are powering a lot of service businesses right now. Data is collected from users from wearable technologies, web behaviors, purchase behavior as well as several arbitrary data points we’d never think of. The demand for faster and bigger engines to crunch and serve up the data to services is growing exponentially. You see a LOT of correlation between “Cloud” and “Big Data” but on Big Data and “Hybrid,” where hybrid hosting is the sanest approach to the Big Data Infrastructure pro...
Jul. 23, 2016 08:00 PM EDT Reads: 1,789
Internet of @ThingsExpo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with the 19th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world and ThingsExpo Silicon Valley Call for Papers is now open.
Jul. 23, 2016 08:00 PM EDT Reads: 2,411
The IoT is changing the way enterprises conduct business. In his session at @ThingsExpo, Eric Hoffman, Vice President at EastBanc Technologies, discussed how businesses can gain an edge over competitors by empowering consumers to take control through IoT. He cited examples such as a Washington, D.C.-based sports club that leveraged IoT and the cloud to develop a comprehensive booking system. He also highlighted how IoT can revitalize and restore outdated business models, making them profitable ...
Jul. 23, 2016 07:15 PM EDT Reads: 1,867
We all know the latest numbers: Gartner, Inc. forecasts that 6.4 billion connected things will be in use worldwide in 2016, up 30 percent from last year, and will reach 20.8 billion by 2020. We're rapidly approaching a data production of 40 zettabytes a day – more than we can every physically store, and exabytes and yottabytes are just around the corner. For many that’s a good sign, as data has been proven to equal money – IF it’s ingested, integrated, and analyzed fast enough. Without real-ti...
Jul. 23, 2016 07:00 PM EDT Reads: 870
I wanted to gather all of my Internet of Things (IOT) blogs into a single blog (that I could later use with my University of San Francisco (USF) Big Data “MBA” course). However as I started to pull these blogs together, I realized that my IOT discussion lacked a vision; it lacked an end point towards which an organization could drive their IOT envisioning, proof of value, app dev, data engineering and data science efforts. And I think that the IOT end point is really quite simple…
Jul. 23, 2016 06:15 PM EDT Reads: 800
With 15% of enterprises adopting a hybrid IT strategy, you need to set a plan to integrate hybrid cloud throughout your infrastructure. In his session at 18th Cloud Expo, Steven Dreher, Director of Solutions Architecture at Green House Data, discussed how to plan for shifting resource requirements, overcome challenges, and implement hybrid IT alongside your existing data center assets. Highlights included anticipating workload, cost and resource calculations, integrating services on both sides...
Jul. 23, 2016 06:00 PM EDT Reads: 1,886
"We are a well-established player in the application life cycle management market and we also have a very strong version control product," stated Flint Brenton, CEO of CollabNet,, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Jul. 23, 2016 05:30 PM EDT Reads: 1,721
The IoT has the potential to create a renaissance of manufacturing in the US and elsewhere. In his session at 18th Cloud Expo, Florent Solt, CTO and chief architect of Netvibes, discussed how the expected exponential increase in the amount of data that will be processed, transported, stored, and accessed means there will be a huge demand for smart technologies to deliver it. Florent Solt is the CTO and chief architect of Netvibes. Prior to joining Netvibes in 2007, he co-founded Rift Technologi...
Jul. 23, 2016 05:00 PM EDT Reads: 939
Unless your company can spend a lot of money on new technology, re-engineering your environment and hiring a comprehensive cybersecurity team, you will most likely move to the cloud or seek external service partnerships. In his session at 18th Cloud Expo, Darren Guccione, CEO of Keeper Security, revealed what you need to know when it comes to encryption in the cloud.
Jul. 23, 2016 04:00 PM EDT Reads: 2,305
We're entering the post-smartphone era, where wearable gadgets from watches and fitness bands to glasses and health aids will power the next technological revolution. With mass adoption of wearable devices comes a new data ecosystem that must be protected. Wearables open new pathways that facilitate the tracking, sharing and storing of consumers’ personal health, location and daily activity data. Consumers have some idea of the data these devices capture, but most don’t realize how revealing and...
Jul. 23, 2016 04:00 PM EDT Reads: 1,982
What are the successful IoT innovations from emerging markets? What are the unique challenges and opportunities from these markets? How did the constraints in connectivity among others lead to groundbreaking insights? In her session at @ThingsExpo, Carmen Feliciano, a Principal at AMDG, will answer all these questions and share how you can apply IoT best practices and frameworks from the emerging markets to your own business.
Jul. 23, 2016 03:45 PM EDT Reads: 1,508
Basho Technologies has announced the latest release of Basho Riak TS, version 1.3. Riak TS is an enterprise-grade NoSQL database optimized for Internet of Things (IoT). The open source version enables developers to download the software for free and use it in production as well as make contributions to the code and develop applications around Riak TS. Enhancements to Riak TS make it quick, easy and cost-effective to spin up an instance to test new ideas and build IoT applications. In addition to...
Jul. 23, 2016 03:30 PM EDT Reads: 1,841