Company Overview of VelociData, Inc.
VelociData, Inc. offers on-premise and cloud big data solutions to Fortune 1000 IT organizations. It offers VelociData zFusion, a solution that enables users to integrate the mainframe data into their big data BI/analytics environment by letting them to offload ETL operations from their mainframe. The company’ VelociData zFusion also enables users to perform various types of data validation, encryption, and/or masking functions. It also offers VelociData vFusion, a solution that eliminates ETL and big data ingest bottlenecks to accelerate data integration and ETL performance for real-time reporting, analytics, mobile BI data serving, and more. The company was incorporated in 2011 and is base...
321 North Clark Street
Chicago, IL 60654
Founded in 2011
Key Executives for VelociData, Inc.
Chief Executive Officer and Director
Vice President of Engineering
Compensation as of Fiscal Year 2014.
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.
VelociData, Inc. Appoints Chris Mills as VP Global Sales
Oct 7 13
In this new position, Chris Mills will be responsible for guiding VelociData's worldwide sales activities and building a team to execute on VelociData's vertical market strategies across all geographic markets. In addition to leading a U.S. financial services sales team at Informatica, Mills has also served in sales leadership positions domestically and internationally for CA Technologies, Datapoint, Memorex Telex and Phillips.
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