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Gartner Names Panopticon as Cool Vendor for In-Memory Computing

Panopticon is profiled in Gartner's first ever Cool Vendor report focused on In-Memory Computing; the report was published on April 23, 2013.


Stockholm, Sweden, April 30, 2013 
– Panopticon Software, the leading provider of visual data discovery and analysis software for real-time, CEP and historical time series data, today announced it has been named a "Cool Vendor" in the Cool Vendors for In-Memory Computing 2013 report by Gartner, Inc. The April 23, 2013 report was co-authored by Roy Schulte, Roxane Edjlali, et al. This is the first year that Gartner has called out In-Memory Computing specifically as a subject for one of its Cool Vendor reports.

Gartner identified In-Memory Computing (IMC) as one of the top 10 strategic technology trends for 2013 at the Gartner Symposium/ITxpo held in late 2012. Gartner stated that IMC can provide transformational opportunities. The execution of certain-types of hours-long batch processes can be squeezed into minutes or even seconds allowing these processes to be provided in the form of real-time or near real-time services that can be delivered to internal or external users in the form of cloud services. Millions of events can be scanned in a matter of a few tens of millisecond to detect correlations and patterns pointing at emerging opportunities and threats "as things happen." The possibility of concurrently running transactional and analytical applications against the same dataset opens unexplored possibilities for business innovation. Numerous vendors will deliver in-memory-based solutions over the next two years driving this approach into mainstream use. [Gartner press release, "Gartner Identifies the Top 10 Strategic Technology Trends for 2013", October 23, 2012, http://www.gartner.com/newsroom/id/2209615]

In April 2013, Massimo Pezzini, vice president and Gartner Fellow, stated in the press release, "Organizations that do not consider adopting in-memory application infrastructure technologies risk being out-innovated by competitors that are early mainstream users of these capabilities." [Gartner press release, "Gartner Says In-Memory Computing Is Racing Towards Mainstream Adoption", April 13, 2013, http://www.gartner.com/newsroom/id/2405315]

Panopticon is a particularly good fit for "Big Data" environments that incorporate in-memory technologies as key components. Panopticon's visual data discovery capabilities allow people to use their intuition to find meaningful – and actionable – information in all the data that is available to them, including real-time streaming feeds from in-memory storage systems as well as message buses and CEP engines.

In the new Cool Vendor report, Gartner recommends that companies adopt IMC application infrastructure technology, even from small vendors, to address advanced requirements such as distributed, high-scale transaction processing, analytics on fast-changing data and real-time visualization of data "in motion." In addition, the report notes that small, focused companies are the primary providers of innovation in IMC, even with technically excellent offerings, they find it difficult to emerge from their geographical or vertical niches because the rhetoric from the large vendors overwhelms their value propositions.

Willem De Geer, Managing Director for Panopticon, said, "We agree with Gartner's contention that in-memory will be a defining trend in the coming few years, especially in the context of Big Data projects. Our large banking customers, including JP Morgan, Citi and Credit Suisse, are all making in-memory technology a critical part of their infrastructures for monitoring and analyzing risk and performance as well as detecting anomalous trading activity. Being named a Gartner Cool Vendor honors our commitment to our customers as they move into these new deployments."

Gartner clients can access the full report here: http://www.gartner.com/resId=2447615

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

Panopticon Selected for CRN Big Data 100

The Big Data 100 recognizes innovative companies with products and services that have significantly enhanced Big Data management and analysis.

Stockholm, Sweden, April 26, 2013 – Panopticon Software, the leading provider of visual data discovery and analysis software for real-time, CEP and historical time series data, today announced it has been included in the UBM Tech Channel's CRN 2013 Big Data 100 list. The Big Data 100 recognizes innovative technology vendors that help businesses manage "Big Data" — the rapidly increasing volume, variety and velocity of information being generated today. The list covers three categories: business analytics, data management, infrastructure and services. The Big Data 100 includes many established vendors as well as startups and specialized suppliers of niche products that help businesses address Big Data needs.

The 2013 Big Data 100 list is featured in the April issue of CRN Magazine and will be featured online at www.CRN.com. Selections were made by the CRN editorial staff.

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Panopticon Announces New Professional Certification Program

Panopticon Announces New Professional Certification Program

The company will offer in depth training course to its clients and partners on best practices for designing and publishing analytical dashboards as well as implementing server-based and embedded systems.

Stockholm, Sweden, February 12, 2013 – Panopticon Software, the leading provider of visual data analysis software for real-time, CEP and historical time series data, announced today that it is launching a new series of Professional Certification Courses for its clients and partners. The courses will be conducted monthly in London and New York.

The three day courses will provide training on best practices for designing dashboards, selecting visualizations to match analytical requirements, and connecting to external data sources. Attendees will also receive comprehensive instruction on implementation of systems utilizing the Panopticon Servers for Java and Windows environments, as well as an introduction to the embedding of integrated Panopticon dashboards into third party applications.

At the conclusion of the course, participants may take the Panopticon Certification exam and, for those who pass, be awarded a Panopticon Professional Certificate and be authorized by Panopticon Software as a Certified Professional who can reliably complete Panopticon implementations and consulting engagements.

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Nadeem Chowdhry Joins Panopticon

Nadeem Chowdhry, QlikTech’s Former Sales Director of Financial Services, Joins Panopticon

Chowdhry will utilize his years of experience selling business intelligence and big data visualization systems to global financial institutions to lead the company’s sales efforts in the UK.

Stockholm, Sweden, February 11, 2013 — Panopticon Software, the leading provider of visual data analysis software for real-time, CEP and historical time series data, today announced that Nadeem Chowdhry has joined Panopticon as its Senior Vice President in the UK. Chowdhry was formerly Sales Director of Financial Services for QlikTech, the makers of the QlikView business intelligence system.

Chowdhry has 20 years of experience in selling enterprise software to global organizations. Since 2005, he has helped develop the market for QlikView products from within UK banking and insurance sectors. He was QlikTech’s highest producing salesperson in the world several times and was consistently the top producing salesperson for QlikTech in the worldwide financial services industry.

Chowdhry joins Panopticon at a time when the company's real-time data visualization technology is finding greatly increased acceptance within the capital markets community and in fact, many of the clients he worked with in the past are now implementing Panopticon visual analysis tools. His extensive network in the City of London and globally will help the company further expand its footprint within the large banks where it is already in use as well as find new customers.

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Panopticon Announces Record 2012 Results

Panopticon Announces 2012 Results with Record Growth, Key Customer Acquisitions and Several New High Profile Strategic Alliances

Increased demand for real-time visual analytics solutions in financial services, telecommunications, energy, manufacturing, and retailing are driving the company's growth.

Stockholm, Sweden, January 29, 2013 — Panopticon Software, the leading provider of visual data analysis software for real-time, CEP and historical time series data, today announced 112% bookings growth for 2012, leveraging the unique capabilities of its products and the company's domain expertise to capitalize on explosive growth in market demand for real-time visualization software.

Company executives cite several important decisions that have supported this growth, including Panopticon's embrace of HTML5 technologies for mobile deployments of its interactive analytical dashboards, and support for several new data sources, including all major CEP engines, message buses, OData sources, and databases. In Q3 2012, Panopticon released Panopticon 6, combining all of the benefits of its enterprise product with its unique Rapid Development Kit, which allows clients to embed Panopticon's OLAP-enabled visualization tools into their own applications.

Key Growth Figures & Milestones

  • Revenue growth: 2012 bookings increased by 112% over 2011.
  • New clients: Panopticon added 15 major enterprise clients in 2012 and the company's data visualization tools are now in use by 95 major capital markets firms around the world.
  • Growing team: Panopticon added several key people in 2012, including Markus Roithmeier, former Managing Director for QlikView Europe, and Bruno Saint-Cast, former VP European Sales for Tableau Software. The company also doubled the size of its development and professional services teams in order to cope with increased customer demand for new data connectors and visualizations, and to support the deployment of the Panopticon 6 enterprise offering.
  • Expanded partnerships: The company has worked closely with its strategic partners, including SAP and Thomson Reuters, to ensure that their field sales staffs are properly trained and that their product platforms are integrated seamlessly. Panopticon's focus on supporting and training its partners directly resulted in closing enterprise level sales with 12 of the 15 new clients the company added in 2012.
  • New product: The company released several major additions to its product under the Panopticon 6 banner, including an HTML5 client supporting tablets and smartphones, a new Java Server, PDF reporting capabilities, and support for the SAP HANA in-memory appliance.

 

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Panopticon Releases Version 6.1.1

Version 6.1.1 Offers New Time Series Data Visualizations, Enhanced HTML5 Functionality and New Data Connectors

Version 6.1.1 is the third release of the Panopticon 6 suite of data visualization software and offers clients important improvements around risk and trading implementations.

Stockholm, Sweden, January 14, 2013 — Panopticon Software, the leading provider of visual data analysis software for real-time and large volume data, today announced that it has released to customers Panopticon 6.1.1, the latest version of its popular data visualization software suite. As with previous releases, Panopticon 6.1.1 supports Windows and Java IT environments for enterprise deployment and also allows clients to embed visual analysis-enabled Panopticon dashboards into their own applications.

Panopticon incorporates the ability to visualize data from true real-time streaming sources, including message buses, CEP engines, real time databases, and tick history stores as well as federate data from multiple sources, including standard relational databases, OData producers, other web services, and flat files.

Panopticon 6.1.1 incorporates a number of advancements, including:

  • New Timeseries Scatter Plot Visualization
  • New data connector for the 60 East AMPS message bus
  • Resampling of tick data sources through zooming
  • Enhanced Heat Matrix tile to support multiple display fields
  • New Time Series Product calculations
  • Support for Apache ActiveMQ message buses, OneMarketData OneTick tick databases and Kx kdb+tick CEP engines in Java environments.

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Bruno Saint-Cast Joins Panopticon's Senior Management Team

Former Tableau Software VP European Sales Bruno Saint-Cast to Boost Panopticon Sales Program in Europe

Saint-Cast has held senior sales positions with data visualization vendor Tableau Software and Salesforce.com; he will now help Panopticon capitalize on its sales momentum in Europe and in key vertical markets.

Stockholm, Sweden, October 23, 2012 — Panopticon Software, the leading provider of visual data analysis software for real-time and large volume data, today announced that Bruno Saint-Cast has joined the company as a senior vice president. He will be part of the company's executive management team and will help develop and execute strategies for addressing new market opportunities in telecommunications, energy, transportation, and manufacturing as well as for continued expansion in financial services.

Saint-Cast began his career with IBM and spent the following 20 years successfully starting up and managing European operations for several US companies, including Sybase (now SAP), Brio Technology (now Oracle) and Salesforce.com. His most recent experience was with Tableau Software, where he served as VP European Sales and successfully introduced Tableau to the European market. Saint-Cast holds an MBA from the Rouen Business School.

Saint-Cast commented, "Panopticon is perfectly positioned to take advantage of the real time and big data revolution; our products are well aligned with mission critical requirements in several fast-growing sectors. In addition to capital markets, where Panopticon has traditionally had a dominant presence, we now have customers involved in energy production and distribution, telecoms network management, healthcare, transportation, and logistics – all of whom have similar visualization needs."

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Panopticon 6 Released

Next Generation Data Visualization Software Suite Supports Enterprise Deployment and Tight Integration with Third Party Applications

The new suite offers improved mobile analysis, data connectivity, and reporting capabilities and is targeted at customers in capital markets, telecoms, energy, and other sectors with real-time visualization requirements.

Stockholm, Sweden, October 2, 2012 — Panopticon Software, the leading provider of visual data analysis software for real-time, CEP and historical time series data, today announced that it has released to customers Panopticon 6, the next generation of its popular data visualization software suite. Panopticon 6 supports Windows and Java IT environments for enterprise deployment and also allows clients to embed visual analysis-enabled Panopticon dashboards into their own applications.

As in previous generations, Panopticon 6 incorporates the ability to visualize data from true real-time streaming sources, including message queues, CEP engines and tick databases as well as federate data from multiple sources. The system's architecture enables client organizations to fully leverage the powerful data aggregation capabilities of CEP engines and tick databases. The Panopticon 6 platform supports:

  • Visual analysis of fast-changing data sets, including data being updated in real time from streaming sources, and historic time series data stored in virtually any type of database
  • HTML5 and Java applet clients for delivery of fully interactive dashboards to any desktop or mobile device
  • Specialized smartphone visualization functions
  • New on demand PDF generation capabilities
  • .NET and Java clients that may be embedded into existing customer systems
  • Server platforms for Java and Windows environments
  • Connectors to subscribe to Active MQ, Apache Qpid and Progress Sonic MQ message buses
  • Connectors to subscribe to Oracle, OneTick, SAP Sybase ESP, and StreamBase CEP and LiveView engines
  • Improved connectivity to subscribe to Kx kdb+Tick ticker plants
  • Improved connectivity for OData sources, including the SAP Netweaver Gateway
  • Improved connectivity for high performance columnar tick databases, including Thomson Reuters Velocity Analytics, Kx kdb+ and OneTick

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Leading Commodity Trading Advisor Selects Panopticon for Mobile Data Analysis Deployment of OneTick

Campbell & Company will perform investment analysis on both mobile devices and desktops.

Stockholm, Sweden, July 17, 2012 — Panopticon Software, the leading provider of visual data analysis software for real-time, CEP and historical time series data, today announced that Campbell & Company, one of the top 100 commodity trading advisors (CTAs) in the world, has selected Panopticon to visually display the analytical results of OneTick. By combining the power of OneTick's analytical engine with Panopticon's data visualization tools, Campbell will be able to quickly analyze strategy performance on both their desktops and iPads through an improved customized, flexible and mobile front-end.

Campbell & Company specializes in systematic managed futures and equity market-neutral strategies and will use Panopticon to visually analyze the proprietary trading strategies it creates in OneTick, a single solution for CEP, analytics, and tick data that spans both historical and real-time. Campbell has been using OneTick across its organization since March 2011 and through OneMarketData's partnership with Panopticon, Campbell can now display its analyzed results with OHLC and Candlestick charts, Treemaps and Heatmaps.

Rob McBride, Director of Software Development and Research Operations at Campbell & Company stated, "Panopticon allows us to integrate data from a variety of real-time sources and visualize it in easy to use dashboards. Our researchers can gain information at a much more granular level and drill down into cross sectional time series data. These tools are critical for our continued innovation in systematic strategy development."

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Panopticon Unveils HTML5 Client for its Enterprise Data Visualization Platform

The new thin client provides a complete range of interactive filtering capabilities for analytical dashboards on mobile devices, including Apple iPads and Android tablets and enables clients to maintain high levels of security for their proprietary data.

Stockholm, Sweden, July 9, 2012 — Panopticon Software, the leading provider of visual data analysis software for real-time, CEP and historical time series data, today announced that the latest release of its popular data visualization system supports a new HTML5 thin client for tablet deployments. Version 5.11 of the system enables client organizations to make fully interactive dashboards available to mobile users and does not require installation of any software or browser plugins on the mobile device.

Panopticon clients, which include BlackRock, JPMorgan Chase, Citi, Citadel, and other large financial institutions, use Panopticon visualization tools to monitor and analyze market, credit and counterparty risk, trading and portfolio performance as well as for transaction cost analysis (TCA) and fraud detection.

Panopticon minimizes the total latency for informed decision-making with its ability to connect directly to real-time streaming data feeds, including message queues and CEP engines and its extensive range of data visualization tools optimized for time series analysis. The system incorporates unique in-memory OLAP cubes that allow users to aggregate, slice, dice, filter, and screen their data on-the-fly. Its high density visualizations are specifically designed to make it easy for people to identify trends, outliers, and clusters quickly.

The new HTML5 client supports the same level of filtering and interactivity available in the product's standard Java applet web client and desktop client. The Panopticon design team focused their efforts on optimizing the tablet experience and taking advantage of the specific capabilities offered by iPad and Android tablets. The new HTML5 client also supports a special smartphone client function that offers summary dashboard views for devices with limited screen real estate; it allows users to see properly scaled summary views of Panopticon workbooks and dashboards.

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