Tel Aviv-based start-up SiSense Ltd raised $8 million and bought a ticket to California, where it’s set up shop across the street from Oracle, a definite competitor.
See, SiSense, which obviously has a sense of humor, has a business intelligence tool dubbed Prism that it calls the “world’s smallest Big Data analytics solution.” It can crunch a terabyte of data on a sub-$750 laptop with 8GB of RAM.
The company’s Elasticube technology with its in-memory columnar data store, strong data compression, parallel processing and advanced query optimization is supposed to offer analytical processing power previously available only with high-end solutions.
It claims non-technical users can analyze 100 times more data at least 10 times the speed of current in-memory analytics solutions.