ScaleOut Software is a pioneer and leader in in-memory computing software and has consistently developed leading-edge technologies that help customers solve scalability and performance challenges to gain competitive advantages for their businesses.
New Market Opportunity
ScaleOut Software’s advanced technology has opened up an exciting new opportunity in one of the hottest markets in years. The momentum around “big data analytics” is hard to miss and quickly evolving. While much of the initial attention has been focused on replacing traditional data warehouse applications, the inability of products like Hadoop and Spark to analyze live data in real time has been identified as a critical weakness. To address this, Gartner Research’s 2015 Ten Strategic Technology Trends highlights such trends as: business moment enablement, analytics-injected business processes, context-aware applications, and others, all of which require in-memory technology. These trends align exactly with the core strengths of ScaleOut Software. Recognizing the leadership of ScaleOut Software, Gartner recently named ScaleOut as a “Gartner 2015 Cool Vendor in In-Memory Computing Technology.”
To take advantage of this opportunity, ScaleOut recently introduced ScaleOut ComputeServer™, which combines ScaleOut’s proven technology for low-latency, in-memory data storage with a parallel compute engine. This platform can store and update live, fast-changing data, and simultaneously analyze that data to track the behavior of real-world systems. This process, called “operational intelligence” (OI), provides businesses with the ability to identify and capture business opportunities in the moment, before they are lost. OI has applications in many vertical markets, including intelligent trading for financial services, ecommerce recommendation systems, Internet of Things, health care, cable media, and others. While its technology is broadly applicable, ScaleOut will initially focus on one or two vertical segments for maximum impact.
By the middle of 2016, ScaleOut will have an end-to-end solution that provides operational intelligence to business users in the target vertical(s). This opens up a very large, previously untapped market by enabling organizations to make real-time business decisions. In one proof of concept test, using ScaleOut for OI decreased a financial service company’s analysis cycle on live portfolio data from 15 minutes to 1 second. In another case, 10 million cable set-top boxes were modeled to track real-time viewer behavior and provide feedback for program recommendations. This is clearly a disruptive technology that Forrester and other analysts believe will enable a new era in business decision making.
Backed by the Seattle Alliance of Angels and industry luminaries, ScaleOut is well positioned for accelerated growth and success. Based in Bellevue, Washington with sales offices in Portland (Beaverton), Oregon, ScaleOut is expanding to leverage its first-mover advantage in operational intelligence while growing its core business in in-memory data storage and computing.
Overview of the Company’s Current Products
ScaleOut Software’s products are designed to meet the mission-critical needs of enterprise applications running on web farms, application server farms, and public clouds. These products provide uninterrupted service and powerful performance that scales on demand. The company’s latest product, ScaleOut ComputeServer™ continues the company’s tradition of breakthrough technology with the ability to easily develop Java, C#, or C++ applications which provide OI using powerful in-memory, real-time models of live systems built with data-parallel, “big data” techniques. This product automatically ships code to grid servers and combines the power of multiple servers and cores for real-time results. Today, no other product provides this set of capabilities, which dramatically simplify the task of implementing OI. ScaleOut helps its customers implement next generation OI applications using ScaleOut Compute Server as a scalable execution platform.
Similarly, ScaleOut hServer® brings the capability of analyzing live data to Hadoop deployments in the data warehouse. ScaleOut hServer directly executes standard Hadoop MapReduce programs on data stored in either HDFS or ScaleOut hServer’s in-memory data grid (IMDG), providing OI for Hadoop-based applications.
The company’s product family also includes ScaleOut StateServer®, a production-proven in-memory data grid (IMDG) for both Windows and Linux. This product delivers fast data access with industry-leading performance and ease-of-use, integrated high availability, powerful APIs, and comprehensive management tools. First introduced in 2005 and deployed by hundreds of customers, it is designed from the outset as a fully peer-to-peer, scalable, and highly available architecture. ScaleOut GeoServer® seamlessly extends ScaleOut StateServer’s in-memory data grid across multiple, geographically distributed data centers to enable global data access and to protect against loss of data due to a site-wide outage.
ScaleOut Software’s production-proven products are used by hundreds of customers worldwide and run around the clock on tens of thousands of servers. ScaleOut’s deep experience in in-memory data grids and distributed computing is reflected in its high rate of customer success. Its customers use ScaleOut’s products to solve scalability and OI challenges for applications serving a wide range of vertical industries including equity trading (to minimize risk during a trading day); ecommerce (to optimize real-time shopping activity); reservations systems (to identify issues, reroute, etc.); credit cards (to detect fraud in real time). Current customers include Thomson Reuters, Amway, EMC, Home Shopping Network, AT&T, Bell Canada, Delta Airlines, Pearson Education, Proctor & Gamble, Staples, SoCal Edison, and hundreds more.
The qualified candidate will have the following: