SAN DIEGO, Sept. 15, 2015 /PRNewswire/ -- Algebraix Data made several key announcements today.
1. The company is making the algebra of data – its fundamental advance in applying mathematics to data management – transparent, accessible, and available to users worldwide.
2. Simultaneously, Algebraix is adopting a business model similar to that of Hadoop/Hortonworks. While open-sourcing the algebra of data, Algebraix will retain and expand its own patented applications, including the Algebraix Technology Platform and key data-integration technologies. The company will also consult with others to develop data algebra's many potential applications and innovations.
3. As part of its open-sourcing initiative, Algebraix has backed a new book, The Algebra of Data: A Foundation for the Data Economy, which explains in detail how the provably correct new algebra provides the first universal model for data integration, something that's been urgently needed for decades. The book is available as a free download on its site and is for sale on Amazon.
4. In a related move, the company unveiled the Algebraix Library, a free, open-source software package that lets developers, engineers, and others "test drive" the algebra of data. The goal is to encourage third-party users to develop improvements and applications that will expand data algebra's uses in novel new directions. The Library, built in Python, is available on GitHub and PyPl.
5. Finally, the company has launched Algebraix Analytics as a Service. This cloud-based product makes high-value business analytics accessible and affordable for all. Algebraix leverages its algebra-based technology to drive down the cost of analytics and includes a support team of data scientists and analysts in the new service. The unit is being led by new General Manager Ed White. Ed has extensive digital experience including years of leadership as General Manager of Teradata Cloud, where he oversaw global deployment, strategy, marketing, and product development/management.
"We are only in the early stages of the exploding data economy, where analytics will drive everything," said CEO Charles Silver. "Surprisingly, mathematics has played almost no role in describing data until now – yet it has enabled huge advances in virtually every other form of science and engineering. Data algebra is the long-needed technology that will allow thousands of different data models to finally be integrated and analyzed, dramatically advancing business insights and saving enterprises millions."
About Algebraix Data Corporation
Algebraix invested five years of research in inventing data algebra, a new branch of applied mathematics specifically designed to describe, manage, and integrate data. It is the core of the company's patented Algebraix Technology Platform, which is being deployed in unique products throughout the Big Data ecosystem, as well as in the company's Algebraix Analytics as a Service offering. Algebraix Data has business offices in Encinitas, CA, and an R&D office in Austin, TX.
For more, visit www.AlgebraixData.com
SOURCE Algebraix Data Corporation