Today, we are pleased to announce that Kyvos Insights has been named a Representative Vendor in the 2022 Gartner Market Guide for Analytics Query Accelerators. The report states “data and analytics leaders continue to struggle with getting value from data lake initiatives that have grown to be unwieldy or that cannot deliver adequate performance as they have evolved”.
The complete 2022 Gartner Market Guide for Analytics Query Accelerators, published on 14 March 2022 by Merv Adrian, Adam Ronthal, is available for Gartner members here.
The report further states that “analytics query accelerators are unlikely to replace the data warehouse, but they can make the data lake significantly more valuable by enabling performance that meets requirements for both business and technical staff”.
In a world where data is increasing exponentially, businesses are processing vast volumes of data to drive better decisions and gain a competitive edge in the market. However, despite spending a fortune on data storage and analytics, they grasp only a fraction of the potential value of their comprehensive data. Once the data lands in the data lake, they struggle to make it accessible to users across the enterprise. When analysts try to analyze massive datasets with hundreds of dimensions and measures, response times become typically slow. Since all the heavy lifting is done at run-time and queries sometimes take too long to return. Therefore, achieving optimal BI performance on data at a massive scale becomes the biggest hurdle for businesses to overcome. They have to either give up on the scale of BI to get the performance or settle for slow response times.
Kyvos is a cloud-native BI acceleration platform that has reshaped how many businesses visualize and consume their data. Kyvos doesn’t believe in making compromises, and it helps businesses analyze as much data as needed while ensuring incredibly high performance. It builds an OLAP-based BI acceleration layer directly on the data lake that enables users across the enterprise to access trillions of data points with instant response times.
Kyvos combines the power of OLAP with the flexibility and agility of a cloud platform to deliver speed-of-thought analytics. It helps transform businesses by pushing them towards better customer understanding, more targeted marketing, efficient operations, and increased profitability. Download this whitepaper to learn how Kyvos Smart OLAP™ technology helps you meet the growing analytical needs of your enterprise.
If you want to learn more about how you can achieve interactive analytics on extremely large datasets, request a demo now.
*Gartner, “Market Guide for Analytics Query Accelerators”, Merv Adrian, Adam Ronthal, March 14, 2022.
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