Kx to power analytics for US real estate giant Zillow
April 04 2019 - 1:00AM
Business Wire
- Kx enables seamless scaling of Zillow’s
analytics platform at lower cost -
Kx, a division of First Derivatives (FDP.L) and provider of the
world’s fastest time-series database kdb+, announces that Zillow,
the leading web-based real estate marketplace, will implement Kx
technology to improve the performance of Zillow’s platform through
advanced real-time analytics, ultimately enhancing their digital
customer experience.
Implementing Kx technology will enable Zillow to collect, store,
and analyze massive amounts of data in real time so they can
improve the experience of their website visitors and customers.
Zillow will use Kx across several areas, introducing new real-time
analytics initiatives while enabling a reduction in Splunk
costs.
The Zillow website operations team oversees a system that
processes over 20 billion events daily, more than 50% of which are
streaming data points. To handle the exponentially growing data
volumes, Kx will provide the intelligence required for monitoring,
reporting, investigating and troubleshooting customer-reported
incidents. Their centralized system is also used for optimizing
customer experience by analyzing and tracking preferences and
behaviors.
The integration of Kx into the operations platform will enable
Zillow to reduce the overall cost of site operations by lowering
the platform’s data processing costs, improving the efficiency of
its analytics and providing seamless scaling of data volumes.
Jerome Ibanes, Monitoring & Analytics at Zillow said:
“The data volumes our platform generates are growing exponentially
and the various sources of this data have resulted in the need for
a high-performance database to make sense of it. Kx has proven to
be a great partner and has allowed us to harness the power of our
data and obtain actionable intelligence.”
Brian Conlon, Chief Executive Officer of Kx, said: “The
scale of streaming and historical data at Zillow is a perfect fit
for Kx, which was designed from the start for today’s volume of big
data. The high-performance capabilities of Kx technology will help
Zillow become even more analytics-driven and improve their customer
experience while reducing TCO.”
About Kx
Kx is a division of First Derivatives (FDP.L), a global
technology provider with 20 years of experience working with some
of the world’s largest finance, technology, retail, pharma,
manufacturing and energy institutions. Kx technology, incorporating
the kdb+ time-series database, is a leader in high-performance,
in-memory computing, streaming analytics and operational
intelligence. Kx delivers the best possible performance and
flexibility for high-volume, data-intensive analytics and
applications across multiple industries. The Group operates from 14
offices across Europe, North America and Asia Pacific, including
its headquarters in Newry, and employs more than 2,600 people
worldwide.
Visit www.kx.com for more information.
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version on businesswire.com: https://www.businesswire.com/news/home/20190403005906/en/
Kx PressNiamh Fogarty, FTI Consulting+44 (0)20 3727 1000
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