LAS VEGAS, May 13, 2024 (Globe Newswire) — Hazelcast, Inc., the company that enables instant action on all your data, is a Silver exhibitor at the 2024 Gartner® Application Innovation & Business Solutions Summit in Las Vegas. announced that he was a person. Hazelcast introduces a high-performance, resilient, and scalable integration platform as a core data infrastructure component for real-time and AI application workloads.
The Gartner Application Innovation & Business Solutions Summit focuses on the future of applications, which requires new user experiences, new capabilities, and new platforms to maximize the business value of existing and new application investments. The summit connects analysts, technology leaders, and vendors for sessions, demos, and conversations about emerging technologies for application modernization initiatives.
Hazelcast at the 2024 Gartner Application Innovation & Business Solutions Summit
During Gartner's three-day event, the Hazelcast team (booth #119) met with CTOs, application architects, and engineering leaders to discuss application modernization, including the need for high-speed data access and computing for data-intensive missions. Discuss innovative approaches to solving challenges. -Critical applications and AI workloads. Attendees will meet with the Hazelcast team to learn more about its unified real-time data platform and how it gives businesses a competitive edge, delivering improved performance and strong data consistency at a lower total cost of ownership. Learn more. This is a key requirement for many companies. Use cases in industries such as financial services, ad technology, sports betting and gaming, and video games.
Topics include:
Core tenets of application modernization and how they differ from traditional AI/ML that can learn in real time.
- How to enable smarter AI and context-aware applications through integrated stream-based data storage and processing.
- An approach to achieving the performance, resiliency, and scale required for modern applications to maximize IT investments without developer overhead.
- Real-world examples of real-time data-rich intelligent applications, such as real-time payment processing and fraud detection with real-time ML.
Building a Robust and Scalable Platform for New Businesses with Fanatics Betting and Gaming
On May 14, Jesse Cary, vice president of engineering at Fanatics Betting and Gaming, announced an innovative project that addresses the challenge of building high-performance, resilient applications for the company's new business, Fanatics Sportsbook and Casino. share your approach. During the session, Carey will provide insights and learnings on building high-performing, resilient services using the Hazelcast Platform, delivering an engaging and seamless experience that connects Fanatics' core business with the new Betting and Gaming sector. To do.
Highlights of the session include:
- A practical way to avoid performance degradation in high-performance, highly distributed real-time services.
- A data-driven, performance-optimized approach to building valuable customer and business services, including real-time targeted promotions.
- Deliver the best customer experience with streaming data at scale.
- Enhance your business operations through real-time analytics.
“Our success depends on meeting the individual needs of our millions of fans with many of our applications, from team merchandise to online gaming,” Cary said. “Our applications and business goals require a high-performance, resilient data platform that can operate under the intense demands during the world's biggest sporting events. I’m excited to connect.”
According to Gartner1, “Software engineering leaders are under constant pressure to adopt the latest architectures and technologies. You need to know where your efforts can have the greatest impact,” said Joachim Hirschmann, vice president analyst at Gartner.
Hazelcast platform details
A recent study revealed that 40% of financial services companies lack the right data infrastructure and 35% lack the right technology infrastructure for their AI initiatives 2. Hazelcast Platform is a unified real-time data platform that encompasses high-speed data storage, inline computing, and data access for real-time and AI applications. This integrated approach simplifies application architecture and provides total ownership from prototyping and design (day 0) to development and deployment (day 1) to application maintenance, monitoring, and optimization (day 2). Cost (TCO) is significantly reduced.
Last month, Hazelcast released its latest version, Hazelcast Platform 5.4, setting a new industry standard in strong data consistency and performance for data-intensive mission-critical workloads. New features in this release include an advanced CP subsystem for strong data consistency and a thread per core (TPC) architecture that delivers 30% performance improvement for large workloads.
For more information, contact the Hazelcast team at booth #119 or schedule a personalized demo.
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- Hazelcast Attends Gartner Application Innovation and Business Solutions Summit
- Presentation: Building a Robust and Scalable Platform for New Businesses at Fanatics, Tuesday, May 14, 10:30-10:50 a.m., Theater 2, Exhibition Showcase, Octavius Ballroom, Promenade South. held
- Hazelcast sets industry standard for consistency and performance for data-intensive, mission-critical AI workloads with Hazelcast 5.4(1) Gartner, Inc. Press Release, “Gartner Identifies Top Strategic Technology Trends in Software Engineering for 2023 and Beyond,” September 14, 2023. GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates. Used in the United States and abroad, and used here with permission. All rights reserved. (2) “EY Survey: AI Adoption Is Universal among Financial Services Leaders Amid Mixed Signals of Readiness,” Ernst & Young, 2023.
About hazel cast
The world's leading enterprises trust Hazelcast and its unified real-time data platform for mission-critical, data-intensive workloads that require high performance, resiliency, and scale. Customers such as JPMorgan Chase, Volvo, New York Life, Target, and Domino's rely on the Hazelcast platform for their application modernization efforts and their AI/ML deployments.
Hazelcast enables companies in all industries to drive new revenue, reduce risk, and improve operational efficiency at a low total cost of ownership. Leading banks and credit card companies rely on Hazelcast for payments, processing billions of dollars in domestic and cross-border payments every second and avoiding $100 million in fraud annually. Manufacturing, distribution, and service companies rely on Hazelcast to optimize equipment and resource utilization in real-time, saving 33% in operational costs.
The Hazelcast unified real-time data platform uniquely combines a distributed computing engine and high-speed data store in a single runtime to process real-time data, enrich it with historical context, and enable real-time ML inference.
Visit www.hazelcast.com to join our community of CXOs, architects, and developers.
matt walpin
Hazel Cast Co., Ltd.
650-487-0179
matt.wolpin@hazelcast.com
