by Dan Seal
Today’s world is about connectivity and collaboration; from social media and supply chain integration to cooperation and co-opetition, systems are becoming increasingly interconnected. It is ironic, therefore, that while many supporting in-house applications may share network connectivity, and possibly business logic in the form of shared libraries, they retain individual, isolated islands of data within the enterprise. Not only does it impose cost overhead for sourcing and maintaining multiple copies of the data, it also compounds the risk of inconsistency and dramatically slows down application development time.
If systems developers could concentrate on developing business logic secure in the knowledge that the supporting data was continually available, easily consumable and certifiably correct, the speed of development would accelerate to match the speed of requirements. These are the principals we at Kx have adhered to whilst developing Kx for DaaS. The data is king.
Kx for Daas is a software platform design to wrap all of the hard-won experience and battle-hardened technology Kx has developed for financial markets into a platform that can be used for real-time and historical data capture and analytics across any business vertical. Kx is no longer just about financial markets.
To read more about Kx for DaaS and a relevant report by Gartner called “Building Responsive Data Management for Web-Scale IT,” follow the link to the left.
Dan Seal is a senior vice president and leads the DaaS effort at Kx. He has spent the past fifteen years developing and running kdb+ and market data and analytics systems for Tier 1 banks, including Deutsche Bank and Merrill Lynch.