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Italian IT company with almost 10 years of experience in developing innovative applications and data management technologies is seeking for partners under licence agreements or commercial agency agreements

Country of Origin: Italy
Reference Number: BOIT20211029001
Publication Date: 12 November 2021

Summary

A SME based in Northern Italy and operating in the information technology sector has developed a high-performance Database Management System (DBMS) that allows to store, manage and analyze huge quantities of data over a period longer than 10 years. The SME is looking for companies to develop new markets for this tool under license agreements or commercial agency agreements.

Description

The Italian SME operates in the information technology sector and has developed its own high-performance and innovative Database Management System (DBMS) to assist companies in storing, managing, and analyzing the big amounts of data, transforming them into useful information to ease their decision-making process, improve their efficiency and foresee the trends of their business.

Nowadays, more than 50% of companies adopt big data; therefore, it is crucial for them not to waste this potential and exploit it to gain value for their organizations.

The surprisingly fast rhythms of change and innovation of this sector make companies face two complementary problems: on the one hand, managing every day higher and more complex volumes of data; on the other hand, doing it with simple and accessible analysis tools.
The Italian SME has developed a fully equipped technology suite, a set of complementary and integrated products which are perfect for the complete management of corporate data, from extraction and analysis to reporting:

- A columnar DBMS designed to have exceptional performances in data warehouse environments.

- A generalized web interface to access and query even enormous data collections on any Database (DB).

- A Business Intelligence web solution to create applications, dashboards, and business reports that can be accessed from any browser.

This system has a column-based structure, creates indexes automatically for all attributes and the join index for all foreign keys, ensuring high performance and low processing time. Moreover, it is very simple to use and guarantees the highest level of detailed information without pre-aggregating data.

Since it runs on low-cost standard hardware and manages big volumes of data, the total cost of ownership is reduced (e.g.: server-related costs; maintenance costs; workload for system programmers; costs for hardware platforms and for system software license); its drivers ensure compatibility with any business analytics tool.

This tool can be used by every company in every sector, it is completely open to customization, and it can be replicated or integrated into any environment. It allows to implement solutions for:

- Business Intelligence;
- Data Warehouse;
- Data Analytics.

This company has achieved important results in Italy thanks to the quality of its offer and the skills of its personnel: more than 40 clients use its tool. Consequently, it aims to replicate this experience abroad, proposing its solution to international markets.

The cooperation is envisaged under license agreements or commercial agency agreements to support the company in expanding its business.

Advantages and Innovations

Compared to other solutions on the market, this solution is pretty unique:

• Data are indexed and stored in columns; a considerable advantage compared to traditional relational data management systems, where data are stored in rows and the indexes are optional.

• New index structures are automatically created based on the most frequently performed queries.

• It is faster than transactional DBMS, carrying out searches on data in fractions of a second over a period longer than 10 years. The overnight batch process time and the average time of execution are significantly better than those offered by competitors: +100 times using the TPCBenchmark™H (TPC-H). This benchmark has been developed by the Transaction Processing Performance Council, a non-profit organization founded in 1988 to define transaction processing and database benchmarks and to disseminate objective, verifiable performance data to the industry.

• It also offers a better compression rate than competitors (+30%).

• It allows dynamic updating of existing index structures during loading, thus saving time because there is no need to recreate them.

• It allows executing the same query on data snapshots at different times, without modifying the text at each execution or indicating in the query text the temporal version of the table data.

• It allows the horizontal clustering of tables, significantly reducing the use of resources, and simplifying the management and access to historically and geographically segmented data.


Furthermore, since the SME is the only proprietary of its technology, its in-house research & development laboratory can work on new integrations or release based on the customers’ needs.

IPR status

Copyright

Stage Of Development

Already on the market

Requested partner

The company is looking for partners to scale up internationally. The ideal partners are software distributor companies to collaborate with under commercial agency agreements.
The partners are expected to have deep knowledge of customers’ needs and sales relationships in their respective countries.

The company is also seeking cooperation under a license agreement. The ideal partners are companies that exploit this technology suite to manage and analyze their data.


The SME will support the partners with its competence, analytics, training classes to partner’s technical department and provide them with the right to license the solution.

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