Company Overview of VelociData, Inc.
VelociData, Inc. provides data transformation, sharing, and protection solutions. It offers VelociData, an appliance-based solution for enterprise data masking and encryption to use functional de-identified production data in applications testing; VelociData Batch Delegation, a solution that enables users to integrate their mainframe data into their Big Data BI/analytics environment; and VelociData Streaming ETL, a solution that enables users to achieve ETL/data integration solutions and executes data transformations. It serves Fortune 500 companies in finance, insurance, health care, and retail sectors. The company was incorporated in 2011 and is based in Chicago, Illinois with a research a...
321 North Clark Street
Chicago, IL 60654
Founded in 2011
Key Executives for VelociData, Inc.
Chief Executive Officer and Director
President, Chief Technology Officer and Director
Director of Finance and Controller
Vice President of Engineering
Compensation as of Fiscal Year 2015.
VelociData, Inc. Key Developments
VelociData, Inc. Announces Mainframe Offload Solution
May 12 14
VelociData Inc. announced a breakthrough mainframe offload solution that enables IT organizations to slash their peak MSU/MIPS costs while incorporating legacy data into their Big Data environments with unprecedented speed and accuracy. The new solution, named zFusion, can convert even the most complex and arcane COBOL copybook EBCDIC formats at wirespeed into ASCII data and then validate, transform, and otherwise normalize the data for inclusion in existing enterprise ETL, reporting, analytics and/or data warehousing environments that utilize popular tools such as PowerCenter, DataStage, Teradata and Hadoop. By offloading these data operation processes from the mainframe, VelociData's zFusion can reduce MSU/MIPS-based licensing costs by hundreds of thousands of dollars-while providing the business with the complete, up-to-date data it needs to make smarter decisions in real time. VelociData zFusion is a configurable, hardened appliance powered by a combination of CPU, GPU and FPGA processors that can be easily configured to execute complex data conversion and transformation operations at wirespeed. Its secure architecture makes it an ideal conduit for mainframe data transfer. And because zFusion is available under a subscription licensing model, it does not require capex investment-and it can be paid for directly out of mainframe savings.
Similar Private Companies By Industry
Recent Private Companies Transactions
August 17, 2015
December 5, 2014
Most Searched Private Companies
Sponsored Financial Commentaries