Published on August 26th, 2013 | by Anniki Skeidsvoll Eden0
BioCAM™ DB Award Winning Green Software for Big Data Analytics
According to IDC, from 2005 to 2020, the Digital Universe will grow by a factor of 300; from 130 exabytes to 40,000 exabytes – roughly equivalent to 619 000 000 000 iPads! Only a tiny fraction of the digital universe has been explored for analytic value. IDC further estimates that by 2020, as much as 33% of the digital universe will contain information that might be valuable if analyzed. According to EMC’s President Pat Gelsinger, Big Data is a $70 billion industry and growing at a rapid rate of 15% to 20% a year.
To leverage on the data collected over time several Data Mining technologies and Business Intelligence & Analytic solutions have been developed to analyze historical data in order to understand what happened in the past. According to Gartner the market for such solutions is $12.2 billion.
Real Time & On the Fly Business Intelligence
Oricane provides real-time and on-the-fly Data Mining services allowing customers to know what’s happening – when it happens. The underlying technology, BioCAM™ DB, is a cloud based NoSQL database, delivered to the customer as a Software-as-a-Service. Even when running on a single server BioCAM™ DB can take on tasks that would require magnitudes larger number of servers running traditional databases, thus reducing the overall power consumption when deployed in data centers.
An example of an application of BioCAM™ DB is that every cash register in the world from one of the largest retail stores can be connected to produce complex sales report as the cash register data is created.
Oricane was founded 2006 in Sweden by Dr. Sundström after 11 years of research in how to create Green Software; software with a small CPU- and memory footprint. Since 2009 Oricane has delivered solutions to the data communications market providing over 95% reduction of energy. Oricane’s technology is protected by 14 awarded patents.