Gentia Announces a New Platform for Intelligent Applications Combining the Company`s Innovative OLAP Database Architecture with Predictive Analysis
Gentia Software, a leading provider of intelligent analytical applications for enterprise-wide deployment, has announced a development project jointly with K.wiz Solutions to integrate the machine learning and compression technology from the K.wiz data mining framework with GentiaDB. GentiaDB is the OLAP engine within the Gentia Millennium Applications Platform (GMAP). The project will result in the first integrated platform for Intelligent Applications with embedded predictive analysis capability.
The GMAP platform already provides a hybrid database architecture and solution to handle very large multi-dimensional data volumes whilst delivering fast response for analytical queries. GMAP also combines the most suitable relational database record and indexing structures to handle very large data volumes and provides proficient analytic capabilities based on OLAP calculation techniques. Database management is also simplified with some of the unique features provided within GMAP such as data recovery, on-line incremental data loads and sophisticated time based handling, making this platform an ideal delivery mechanism for predictive analysis capabilities.
"Many of our customers build databases of 100's of gigabytes," said Kevin Sturge, Vice President Consulting, Gentia Software. "These are updated daily using GentiaDB's robust, automated data loading and transformation agents. Scalability is critical to our customers Analytical Applications."
"With the massive explosion in data volume, especially through increased commercial deployment of web and e-commerce applications, combined with the requirements for predictive analytics for a new generation of Intelligent Applications, the time is right for this solution," said Tim Jones, Chief Technology Officer, K.wiz Solutions. "The solution brings together the machine learning techniques of neural networks and genetic algorithms with the proven high performance data compression technology already employed in K.wiz," concluded Jones.
The Company outlined the phased development and delivery roadmap for the integrated Intelligent Applications platform:
The development of the integrated platform will enable Predictive analytic capability to be deployed through applications like Customer Relationship Management (CRM), delivering truly Intelligent Applications to business users desktops and browsers. Such analytics as demand planning and predictive forecasting can only be delivered through the use of the algorithms and techniques found in K.wiz and real time performance can only be achieved when these algorithms are close to, and understand, the data.
Mr. Jones continued, "We are not building another database, but rather an integrated applications platform, providing the functions, features and data storage capabilities essential to deliver a new breed of Intelligent Applications."
K.wiz also announced it's continuing working relationship with the University of Strathclyde in Glasgow. "I believe the University displays the almost unique capability of achieving commercial awareness with outstanding innovative research and look forward to future innovations as a result of our continuing relationship with the Intelligent Knowledge Based Systems (IKBS) department," commented Paul Rolph, Chairman, Gentia Software.
The next stage of research at the University is the Jupiter project that will advance thinking in OLAP technology. The IKBS department will investigate new theorems, high performance algorithms utilizing minimal redundancy, further advances in compression, distributed and parallel architectures and adoption to special devices like field programmable gate arrays. "The AIME technology was really only the first stage in new database thinking. We have built an impressive team for this project and we realize that OLAP is an ideal candidate for such an innovative approach," said Professor Douglas McGregor, IKBS Department Head.
In conjunction with this announcement, K.wiz Solutions is making the AIME technology available as a Software Development Kit (SDK) for embedding in third party products. The SDK is suitable for application vendors, database vendors and device manufacturers and will provide predictive capabilities for added "Intelligence" within those products.
About K.wiz Solutions
K.wiz Solutions, Inc., a wholly owned subsidiary of Gentia Software, is a specialist in knowledge discovery solutions. Founded in 1996 and with offices in Scotland and in Boston, MA, its aim is to enhance business efficiency by automating the on-line delivery of information discovered from massive databases.
K.wiz Solutions' principal product, K.wiz, is a fully integrated solution designed to provide business end users with powerful analysis capabilities. K.wiz can be delivered through host applications, offering the end user data mining functions with no need to learn specialist applications. Unlike traditional solutions, K.wiz has been designed for Web deployment, enabling easy distribution to large numbers of users.
About Gentia Software
Gentia Software is the leading supplier of analytical applications that enable clients to maximize their competitive position through enterprise-wide deployment of strategy management, performance measurement and operational analysis solutions. By leveraging the only networked Business Intelligence solution designed for enterprise-wide deployment, Gentia enables a new class of analytical applications, such as the Balanced Scorecard, which ensure information delivery to key decision makers' desktops and browsers throughout an enterprise. Gentia Software's worldwide client list of more than 500 customers includes JP Morgan and Company, Volvo, McDonald's Restaurants, Fortis, Swiss Reinsurance and Sun Microsystems. The Company has headquarters in Boston and London and operates in more than 20 countries worldwide. For additional information about Gentia, visit the Company's Web site at http://www.gentia.com or call 1-888-4GENTIA or 1-781-224-0750. To receive additional information via fax at no charge, dial 1-800-PRO-INFO and enter code GNTI.
This news release contains statements of a forward-looking nature. Such statements are based upon the information available to management at this time, and they necessarily involve risk because actual results could differ materially from current expectations. Among the many factors that could cause actual results to differ from those set forth in the Company's forward-looking statements are changes in general economic conditions, actions taken by customers or competitors, and the receipt of more or fewer orders than expected.