|By Business Wire||
|February 15, 2013 08:55 AM EST||
Accelatis, an innovator in Application Performance Management [APM] software, today announced that the company has received $350,000 in new funding from the State of Connecticut’s Small Business Express (EXP) program.
Accelatis provides software that monitors, manages, and optimizes the performance of complex information systems and quickly resolves application performance issues. A combination of grants and loans, the money will be used for development and marketing of the company’s Ascension Suite of APM products for Oracle Hyperion, IBM Cognos, and other enterprise software platforms.
Managed by the state’s Department of Economic and Community Development (DECD), the EXP program provides loans and grants to Connecticut’s small businesses to spur job creation and growth. Assistance focuses on access to capital, through a revolving loan fund, and incentive loans, matching loans, and grants to create jobs.
“As an information technology company, Accelatis represents the sort of high-value, high-growth business that will help Connecticut lead the region’s economic recovery,” said DECD Commissioner Catherine Smith. “Our Small Business Express program has been very successful in encouraging companies like Accelatis to locate and grow here. We look forward to watching the company’s success.”
The EXP support comes in the form of a matching grant and a loan. Proceeds are being used to fund the addition of four jobs in Accelatis’ Connecticut office, in product development, marketing and sales, as well as building-out of the company’s information technology resources required for these new jobs, said President/CEO Jonathan Berry.
“The impact of poorly performing enterprise applications is significant, and can range from user inconvenience to statutory reporting problems,” said Berry. “Companies rely upon Accelatis to help improve system performance and reliability for complicated environments. The support is already helping us to add staff, enhance our product capabilities, and bring our message to the market.”
The time and resources required to manage enterprise applications are immense, and represent a task that is impossible to accomplish without automated tools. Ascension Suite gives customers more insight and better performance while avoiding the all too common frustrations of excessive guesswork, system downtime, and user complaints.
Accelatis’ customer list reads like a who’s-who of global businesses, and includes such companies as Kraft, General Electric, Stanley Black & Decker, Emerson, and Anglo American.
“Obtaining this support from the Small Business Express program is a feather in our cap,” added Berry. “It validates what we are doing, as well as confirming the importance of information technology to the vitality of the regional economy.” Berry anticipates that the support “will help the company to more than double our revenues within one year.”
Small businesses with operations in Connecticut and employing not more than 100 employees are eligible to apply for EXP support. Priority for available funding is given to companies that (1) are creating new jobs and (2) are within Connecticut’s economic base industries, such as precision manufacturing, business services, green and sustainable technology, bioscience, and information technology.
The Department of Economic and Community Development is the state's lead agency responsible for strengthening Connecticut’s competitive position in the new high-tech, knowledge-based global economy. The agency takes a comprehensive approach to economic development that incorporates housing and community development, as well as culture and tourism.
Founded in 2008, Accelatis provides a comprehensive Application Performance Management (APM) software solution to its worldwide client base for their Enterprise Performance Management (EPM) systems. Companies rely upon Accelatis to help improve system performance and stability, streamline troubleshooting and manage migrations through monitoring and benchmarking of Oracle Hyperion and IBM Cognos applications. An Oracle Gold Partner, Accelatis was founded by Hyperion visionaries and developers to rapidly deliver long-term value to EPM clients’ global user base through unprecedented visibility and flexibility to manage their applications. For information visit www.Accelatis.com.
Trademarks: Ascension Suite is a trademark of Accelatis, LLC. All other marks are the property of their respective owners, and are used for identification purposes only.
Roberto Medrano, Executive Vice President at SOA Software, had reached 30,000 page views on his home page - http://RobertoMedrano.SYS-CON.com/ - on the SYS-CON family of online magazines, which includes Cloud Computing Journal, Internet of Things Journal, Big Data Journal, and SOA World Magazine. He is a recognized executive in the information technology fields of SOA, internet security, governance, and compliance. He has extensive experience with both start-ups and large companies, having been involved at the beginning of four IT industries: EDA, Open Systems, Computer Security and now SOA.
Mar. 1, 2015 04:00 PM EST Reads: 1,199
The industrial software market has treated data with the mentality of “collect everything now, worry about how to use it later.” We now find ourselves buried in data, with the pervasive connectivity of the (Industrial) Internet of Things only piling on more numbers. There’s too much data and not enough information. In his session at @ThingsExpo, Bob Gates, Global Marketing Director, GE’s Intelligent Platforms business, to discuss how realizing the power of IoT, software developers are now focused on understanding how industrial data can create intelligence for industrial operations. Imagine ...
Mar. 1, 2015 03:15 PM EST Reads: 1,318
Operational Hadoop and the Lambda Architecture for Streaming Data Apache Hadoop is emerging as a distributed platform for handling large and fast incoming streams of data. Predictive maintenance, supply chain optimization, and Internet-of-Things analysis are examples where Hadoop provides the scalable storage, processing, and analytics platform to gain meaningful insights from granular data that is typically only valuable from a large-scale, aggregate view. One architecture useful for capturing and analyzing streaming data is the Lambda Architecture, representing a model of how to analyze rea...
Mar. 1, 2015 02:00 PM EST Reads: 1,300
SYS-CON Events announced today that Vitria Technology, Inc. will exhibit at SYS-CON’s @ThingsExpo, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. Vitria will showcase the company’s new IoT Analytics Platform through live demonstrations at booth #330. Vitria’s IoT Analytics Platform, fully integrated and powered by an operational intelligence engine, enables customers to rapidly build and operationalize advanced analytics to deliver timely business outcomes for use cases across the industrial, enterprise, and consumer segments.
Mar. 1, 2015 01:45 PM EST Reads: 1,186
The explosion of connected devices / sensors is creating an ever-expanding set of new and valuable data. In parallel the emerging capability of Big Data technologies to store, access, analyze, and react to this data is producing changes in business models under the umbrella of the Internet of Things (IoT). In particular within the Insurance industry, IoT appears positioned to enable deep changes by altering relationships between insurers, distributors, and the insured. In his session at @ThingsExpo, Michael Sick, a Senior Manager and Big Data Architect within Ernst and Young's Financial Servi...
Mar. 1, 2015 12:00 PM EST Reads: 1,236
SYS-CON Events announced today that Open Data Centers (ODC), a carrier-neutral colocation provider, will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place June 9-11, 2015, at the Javits Center in New York City, NY. Open Data Centers is a carrier-neutral data center operator in New Jersey and New York City offering alternative connectivity options for carriers, service providers and enterprise customers.
Mar. 1, 2015 12:00 PM EST Reads: 1,893
Mar. 1, 2015 10:30 AM EST Reads: 2,564
PubNub on Monday has announced that it is partnering with IBM to bring its sophisticated real-time data streaming and messaging capabilities to Bluemix, IBM’s cloud development platform. “Today’s app and connected devices require an always-on connection, but building a secure, scalable solution from the ground up is time consuming, resource intensive, and error-prone,” said Todd Greene, CEO of PubNub. “PubNub enables web, mobile and IoT developers building apps on IBM Bluemix to quickly add scalable realtime functionality with minimal effort and cost.”
Mar. 1, 2015 10:00 AM EST Reads: 4,726
Sensor-enabled things are becoming more commonplace, precursors to a larger and more complex framework that most consider the ultimate promise of the IoT: things connecting, interacting, sharing, storing, and over time perhaps learning and predicting based on habits, behaviors, location, preferences, purchases and more. In his session at @ThingsExpo, Tom Wesselman, Director of Communications Ecosystem Architecture at Plantronics, will examine the still nascent IoT as it is coalescing, including what it is today, what it might ultimately be, the role of wearable tech, and technology gaps stil...
Mar. 1, 2015 09:45 AM EST Reads: 894
With several hundred implementations of IoT-enabled solutions in the past 12 months alone, this session will focus on experience over the art of the possible. Many can only imagine the most advanced telematics platform ever deployed, supporting millions of customers, producing tens of thousands events or GBs per trip, and hundreds of TBs per month. With the ability to support a billion sensor events per second, over 30PB of warm data for analytics, and hundreds of PBs for an data analytics archive, in his session at @ThingsExpo, Jim Kaskade, Vice President and General Manager, Big Data & Ana...
Mar. 1, 2015 09:00 AM EST Reads: 1,259
In the consumer IoT, everything is new, and the IT world of bits and bytes holds sway. But industrial and commercial realms encompass operational technology (OT) that has been around for 25 or 50 years. This grittier, pre-IP, more hands-on world has much to gain from Industrial IoT (IIoT) applications and principles. But adding sensors and wireless connectivity won’t work in environments that demand unwavering reliability and performance. In his session at @ThingsExpo, Ron Sege, CEO of Echelon, will discuss how as enterprise IT embraces other IoT-related technology trends, enterprises with i...
Mar. 1, 2015 09:00 AM EST Reads: 2,161
When it comes to the Internet of Things, hooking up will get you only so far. If you want customers to commit, you need to go beyond simply connecting products. You need to use the devices themselves to transform how you engage with every customer and how you manage the entire product lifecycle. In his session at @ThingsExpo, Sean Lorenz, Technical Product Manager for Xively at LogMeIn, will show how “product relationship management” can help you leverage your connected devices and the data they generate about customer usage and product performance to deliver extremely compelling and reliabl...
Mar. 1, 2015 09:00 AM EST Reads: 1,293
The Internet of Things (IoT) is causing data centers to become radically decentralized and atomized within a new paradigm known as “fog computing.” To support IoT applications, such as connected cars and smart grids, data centers' core functions will be decentralized out to the network's edges and endpoints (aka “fogs”). As this trend takes hold, Big Data analytics platforms will focus on high-volume log analysis (aka “logs”) and rely heavily on cognitive-computing algorithms (aka “cogs”) to make sense of it all.
Mar. 1, 2015 09:00 AM EST Reads: 1,038
One of the biggest impacts of the Internet of Things is and will continue to be on data; specifically data volume, management and usage. Companies are scrambling to adapt to this new and unpredictable data reality with legacy infrastructure that cannot handle the speed and volume of data. In his session at @ThingsExpo, Don DeLoach, CEO and president of Infobright, will discuss how companies need to rethink their data infrastructure to participate in the IoT, including: Data storage: Understanding the kinds of data: structured, unstructured, big/small? Analytics: What kinds and how responsiv...
Mar. 1, 2015 05:00 AM EST Reads: 2,398
Since 2008 and for the first time in history, more than half of humans live in urban areas, urging cities to become “smart.” Today, cities can leverage the wide availability of smartphones combined with new technologies such as Beacons or NFC to connect their urban furniture and environment to create citizen-first services that improve transportation, way-finding and information delivery. In her session at @ThingsExpo, Laetitia Gazel-Anthoine, CEO of Connecthings, will focus on successful use cases.
Mar. 1, 2015 04:00 AM EST Reads: 2,917
Mar. 1, 2015 03:30 AM EST Reads: 2,476
The true value of the Internet of Things (IoT) lies not just in the data, but through the services that protect the data, perform the analysis and present findings in a usable way. With many IoT elements rooted in traditional IT components, Big Data and IoT isn’t just a play for enterprise. In fact, the IoT presents SMBs with the prospect of launching entirely new activities and exploring innovative areas. CompTIA research identifies several areas where IoT is expected to have the greatest impact.
Mar. 1, 2015 02:00 AM EST Reads: 3,035
Wearable devices have come of age. The primary applications of wearables so far have been "the Quantified Self" or the tracking of one's fitness and health status. We propose the evolution of wearables into social and emotional communication devices. Our BE(tm) sensor uses light to visualize the skin conductance response. Our sensors are very inexpensive and can be massively distributed to audiences or groups of any size, in order to gauge reactions to performances, video, or any kind of presentation. In her session at @ThingsExpo, Jocelyn Scheirer, CEO & Founder of Bionolux, will discuss ho...
Mar. 1, 2015 12:00 AM EST Reads: 2,974
SYS-CON Events announced today that GENBAND, a leading developer of real time communications software solutions, has been named “Silver Sponsor” of SYS-CON's WebRTC Summit, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. The GENBAND team will be on hand to demonstrate their newest product, Kandy. Kandy is a communications Platform-as-a-Service (PaaS) that enables companies to seamlessly integrate more human communications into their Web and mobile applications - creating more engaging experiences for their customers and boosting collaboration and productiv...
Feb. 28, 2015 05:00 PM EST Reads: 1,406
From telemedicine to smart cars, digital homes and industrial monitoring, the explosive growth of IoT has created exciting new business opportunities for real time calls and messaging. In his session at @ThingsExpo, Ivelin Ivanov, CEO and Co-Founder of Telestax, shared some of the new revenue sources that IoT created for Restcomm – the open source telephony platform from Telestax. Ivelin Ivanov is a technology entrepreneur who founded Mobicents, an Open Source VoIP Platform, to help create, deploy, and manage applications integrating voice, video and data. He is the co-founder of TeleStax, a...
Feb. 28, 2015 03:30 PM EST Reads: 4,016