PRNewswire writes that Logtrust™ (www.logtrust.com), the Real-time Big Data-in-Motion firm for Fast Data, Big Data analytics, has solved the “real-time” challenge facing most Big Data projects, by offering the ability to ingest, store and analyze massive, varied and dynamic data sets at high speed. The company delivers insights within minutes or days that would otherwise take months or years to discover with a combination of open source and closed source tools. With the establishment of offices in Silicon Valley, Logtrust is expanding the availability of its solution which enables real-time analytics on streaming, historical (batch), and complex (multi-source) data sets.
Backed by a series B investment led by Atlantic Bridge, which specializes in bringing international scope to startups, Logtrust has achieved adoption of its flexible cloud, on-premise and hybrid deployments in three major industries – financial, telecommunications, and cyber security services. It now serves a global set of clients, including UK-based niu Solutions (view the video); Telefonica, one of Europe’s largest telecom companies; as well as a top European bank which ingests terabytes of data per day through the Logtrust platform. (Logtrust is showcasing its technology at Strata+Hadoop World NYC; drop by booth #929 for a demo).
“As we move into the era of the Internet of Things, the need to rapidly ingest and analyze data, with both scale and pace, is getting even greater,” said Jason Stamper, Data Platforms and Analytics Analyst at 451 Research.
Read more at PRNewswire.