Going Big – Teradata to Acquire Aster Data

We are very excited to share with you that today we announced our company, Aster Data, is being acquired by Teradata, who as you all know commands the #1 position in data warehousing. Together, we will tackle the massive opportunity in the big data and big data analytics market. Upon close, Aster Data will become part of the Teradata organization and our products will become part of the Teradata family of p ...

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Are you ready for Big Data

There is a lot of buzz around Big Data and the NOSQL movement these days and rightly so. The issues with data have essentially been two-fold: find cost effective ways to store ever increasing amounts of data and information, and find ways to mine this information to extract meaningful Business Intelligence. This problem has been compounded by the emergence of web 2.0 technologies whose legion of loyal fans ...

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The Real World of Columnar Databases

In recent times a number of vendors have announced so called ‘hybrid storage models’ for analytic databases (e.g. Aster Data). A ‘hybrid storage model’ is one where an entire table or partitions within it can be stored either along rows or columns. An oft mentioned motivation for this is that different kinds of analytics require different storage models and so the user should be able to choose as needed. Be ...

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Aster Data Closes $30 Million Series C Financing

Aster Data, a market leader in big data management and advanced analytics, today announced that it has closed a $30 million Series C round of financing led by both new and existing investors. The company will use the new funding to accelerate growth, scale operations, and expand its global market share in the $20 billion database market -- a market that is experiencing rapid growth as a result of both the e ...

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Aster Data Gets New CEO, Founder Switches Roles

Aster Data, a San Carlos, Calif.-based start-up developing software for big data application,s says it’s replacing its founder-CEO — Mayank Bawa — with Quentin Gallivan, formerly of PivotLink, a business intelligence software company. Gallivan was also the CEO of Postini, a mail management company that was acquired by Google in 2007. Bawa will switch roles to become the company’s chief customer officer. The ...

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