KX is releasing KX Insights, a cloud-first platform for streaming analytics that fully leverages the benefits of cloud architecture natively to deliver fast, scalable real-time data insights.
KX Insights has been certified by KX to run natively on all major hyperscale cloud providers including AWS, Azure, and Google Cloud. This enables organizations to rapidly scale up their real-time decision-making capabilities and implement an operating model of continuous actionable business intelligence.
Leveraging KX’s market-leading streaming analytics technology, KX Insights offers customers the benefits of cloud-based computing for ultra-high performance analytics including modular usage models, simple subscription pricing and continuous upgrades.
Findings from independent research commissioned by KX indicate that businesses plan to increase investment in real-time data management and analytics systems over the next three years. The growth is also reflected in Markets and Markets forecast for streaming analytics which shows compound annual growth of 28% from 2019 to 2024 reaching nearly $35 billion.
“We hear more and more from our customers that they want access to their data and analytics without the associated compute and storage infrastructure costs,” said Gerry Buggy, KX chief strategy officer, “KX Insights provides fast, flexible and affordable access to a high-performance analytics platform that can transform operational performance and drive competitive differentiation.”
KX Insights runs natively on all leading hyperscale cloud platforms and can leverage thousands of existing cloud native services. With access to the lowest cost storage tiers such as Amazon Simple Storage Service (S3), Microsoft Azure Blob and Google Cloud Storage, KX Insights also offers much lower infrastructure and maintenance costs than standard deployments.
With support for Kubernetes, KX Insights can run fully on cloud or in hybrid and on-premise environments.
It will also support SQL for seamless integration and interoperability with other services and applications including database systems, visualization packages and business intelligence solutions. AWS Kinesis and Google Cloud PubSub integration will offer deeper workflow integration and automated decision making.
Built on kdb+, the world’s fastest time-series database, KX Insights can be configured and running in just a few clicks. With a modular design and simple subscription pricing, users pay only for what they need.
For more information about this release, visit https://kx.com/.