June 13, 2012–Investment in Analytics is heating up and a recent Market Watch article, “Horizon Technology Finance Closes $1.5 Million Venture Loan to StreamBase”, is proof. Horizon Technology Finance, a specialty financing company, has awarded a nice chunk of change to StreamBase for further research and development of its real time analytics software.
The article explains StreamBase’s products: “StreamBase Complex Event Processing (CEP) enables the rapid development and deployment of real-time analytical applications, with pre-built integration for streaming and historical data, visualization engines and statistical tools. StreamBase LiveView is a push-based real-time analytics solution that enables business users to analyze, anticipate and alert on important business events in real-time, and act on opportunities or threats as they occur.”
We are not surprised to see such a large investment in real-time analytics. It as well as predictive analytics and cloud based solutions are the future of the analytics and business intelligence (BI) industry. StreamBase is not the only analytics provider benefitting from funding. Digital Reasoning has recently wrapped up an impressive round of funding for further advancement of the Synthesys platform, a cloud based solution aimed at small and midsized enterprises. We expect to see a continued interest both in R&D and funding in these sub-fields of analytics as the technology necessary continues to evolve.