KX Insights extends the power of real-time analytics to Python and SQL developers
LONDON, November 2, 2021 / PRNewswire / – KX announced a major update KX insights, its cloud-first real-time data analytics platform that makes the power of KX accessible and easy to use for developers. According to research firm MarketsandMarkets, the streaming analytics market is expected to grow by $ 12.5 billion in 2020 to $ 38.6 billion by 2025 with a CAGR of 25.2%. This reflects a development in the data analytics landscape where business value is increasingly being driven by shortening the decision window and gaining insight from vast amounts of stored data.
For Python developers and data scientists, this latest version makes it easy to take advantage of the industry-leading power of KX through a truly Python-first interface. The analyst firm SlashData recently released that there are 8.2 million developers worldwide who program with Python, which exceeds the number of Java developers. OpenAPI enables KX Insights to work seamlessly with a variety of environments and languages, so more developers can take advantage of the power of real-time analytics. In addition, the support of ANSI SQL and PostgreSQL enables a wider audience to leverage their existing knowledge and tools in the areas of business intelligence, data integration and data science.
KX research shows that 95% of organizations that leverage data are investing more in real-time analytics. Still, the same survey found that half of organizations feel that their current tools are just “preparing” or “not at all ready” to use real-time data to make decisions. This underscores the need for companies to work with a technology partner who can help them leverage their current tools and skills to fill that void and quickly increase the business value of their investments.
“More and more companies are realizing the significant business value they can derive from responding to real-time insights derived from analyzing data that is being created and enriched by the context of large historical data,” says Gerry buggy, Chief Strategy and Product Officer at KX. “With our latest update, a wide range of developers can leverage the full power of KX Insights while benefiting from the flexibility and efficiency of running applications in a cloud environment.”
KX Insights can run natively on all leading hyper-scale cloud platforms as well as on premise and in hybrid deployments and offers not only the scalability of the cloud, but also an extensive catalog of microservices that enable the fast, flexible delivery of new data-driven applications. With advanced data management capabilities, integration with cloud services, and support for real-time data visualizations, developers can easily create powerful, cloud-based real-time analytics applications. Out-of-the-box support for Kubernetes, SQL and Python offers interoperability with other services and applications, including database systems, visualization packages and business intelligence solutions. KX Insights is now available for existing customers via update and for new customers. For more information, see https://kx.com/kx-insights/
KX, the leading technology for continuous real-time intelligence, is part of FD Technologies plc, a group of data-driven companies that use the value of insight, retrospection, and foresight to drive businesses forward. KX Streaming Analytics is based on the time series database kdb + and is an industry-leading platform for high-performance in-memory computing, streaming analysis and operational intelligence. It offers the best possible performance and flexibility for high-volume, data-intensive analyzes and applications in various industries. The group operates from 15 offices throughout Europe, North America and Asia Pacific and employs more than 3,000 people worldwide.
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