SAN FRANCISCO, Oct. 5, 2016 /PRNewswire/ -- Today, MapD received the Business Intelligence Group's BIG Award for Business and was named 2016 Startup of the Year. The Business Intelligence Group's annual program was launched to reward companies, products and people that are leading their respective industries and its esteemed jury evaluates hundreds of companies and products each year to find innovators, entrepreneurs and breakthrough products.
MapD is the leader in the emerging field of GPU-powered analytics. By harnessing the parallel processing power of GPUs with an in-memory, relational database and a powerful visualization layer, the company can deliver millisecond query and render performance over billions of records. The performance characteristics of this approach are orders anywhere from 75 to 3,500 times faster than traditional CPU-bound databases. This enables organizations to tackle data challenges that, until recently, seemed hopelessly out of reach.
We are delighted to be recognized by the Business Intelligence Group for our pioneering work with GPU databases and visualization," noted Todd Mostak, Founder and CEO of MapD. "The data challenges facing organizations today demand that they revisit their analytical approach and what compute platform they choose. We are excited to be at the forefront of the GPU revolution and see this award as further validation of our team's tireless efforts to build the world's fastest data exploration platform."
"Differentiation is a common theme among many of our winners, and MapD's approach to using GPUs for visual analytics certainly fits that description," said Russ Fordyce, Managing Director of the Business Intelligence Group. "Enterprises are constantly seeking ways to be more responsive and agile for their customers and MapD provides significant capabilities in that regard. Like all of the winning companies - they have distinguished themselves from their competitive set and we are pleased to recognize them for this accomplishment."
MapD is a next-generation database and visualization layer that harnesses the parallel power of GPUs to explore multi-billion row datasets in milliseconds.
By combining a purpose-built GPU database with a powerful visualization layer, MapD is able to deliver immersive, instantaneous analytics on data sets previously considered too large to explore interactively.
The speed and scope of MapD's solutions enable organizations to compete more effectively, to solve more complex problems and to manage operational risk more comprehensively.
Founded in 2013, MapD is funded by Google Ventures (GV), Nvidia, Vanedge Capital and Verizon Ventures.
About Business Intelligence Group
The Business Intelligence Group was founded with the mission of recognizing true talent and superior performance in the business world. Unlike other industry award programs, business executives—those with experience and knowledge—judge the programs. The organization's proprietary and unique scoring system selectively measures performance across multiple business domains and then rewards those companies whose achievements stand above those of their peers.
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