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Article

Title: Tackling Real-Time Data Analysis

Author: Whiting, Rick Article Type: Product Analysis
Source: Information Week, n1027 p49(1) Publication Date: Feb 21, 2005
  ISSN: 8750-6874
  Illustrations: Charts
URL of Publication: http://www.informationweek.com

RiverGlass's namesake product uses real-time text and data analysis technology that was developed at the National Center for Supercomputing Applications (NCSA) to merge data from many different data streams, including unstructured text and numeric data, and to apply real-time data modeling and analysis techniques to the streams. The aim is to find patterns in the data that would identify possible investment risks and opportunities, for instance. Another startup called StreamBase Systems has developed an extended SQL version and a special query engine that analyzes data as it streams past. The technology began as the Aurora project at Brandeis University, Brown University, and MIT. Michael Stonebraker, an MIT adjunct professor who created the Ingres and Postgres databases, is the main brain behind StreamBase. An early user of StreamBase is Archipelago Holdings, which runs the all-electronic Archipelago electronic stock exchange. Archipelago has developed a prototype application based on StreamBase that monitors the response time between each incoming trading order and each booking confirmation that is sent out in reply. The aim is to shorten latency time between incoming and outgoing messages because even very small time delays are key to program traders.

Special Features: Charts

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