Hazelcast to Demonstrate Power of Unified Platform for Real-Time and AI Applications at the 2024 Gartner® Application Innovation & Business Solutions Summit
May 13 2024 - 8:30AM
Hazelcast, Inc., the company that enables instant action on all
data, announces that it is a Silver Exhibitor at the 2024 Gartner®
Application Innovation & Business Solutions Summit in Las
Vegas. Hazelcast will showcase its high-performance, resilient and
scalable unified platform as a core data infrastructure component
for real-time and AI application workloads.
Gartner Application Innovation & Business Solutions Summit
focuses on the future of applications, where new user experiences,
new capabilities and new platforms are required to maximize the
business value of existing and new application investments. The
Summit connects analysts, technology leaders, and vendors for
sessions, demos, and conversations on new and emerging technologies
for application modernization initiatives.
Hazelcast at the 2024 Gartner Application Innovation
& Business Solutions Summit
During Gartner’s three-day event, the Hazelcast team (booth
#119) will meet with CTOs, application architects and engineering
leaders to discuss innovative approaches to solving application
modernization challenges, including the need for fast data access
and compute for data-intensive, mission-critical applications and
AI workloads. Attendees will meet with the Hazelcast team to learn
more about its unified real-time data platform and how it equips
businesses with a competitive edge that delivers improved
performance and strong data consistency at a lower total cost of
ownership, which is an important requirement across many industry
use cases, such as financial services, adtech, sports betting and
gaming, video gaming, etc.
Topics include:
Core tenets of application modernization and the
difference between traditional AI/ML capable of learning in
real-time.
- How to achieve smarter AI and context-aware applications
through integrated, stream-based data storage and
processing.
- Approaches to achieving the performance, resilience, and scale
necessary for modern applications to maximize IT investments
without incurring developer overhead.
- Working examples of real-time, data-rich intelligent
applications, including real-time payment processing and fraud
detection with real-time ML.
Building a Robust and Scalable Platform for New Business
at Fanatics Betting and Gaming
On May 14, Jesse Cary, Vice President of Engineering at Fanatics
Betting and Gaming, will share his innovative approach to
addressing the challenges of building a high-performance and
resilient application for the company’s new business venture,
Fanatics Sportsbook and Casino. During his session, Cary will
provide insights and learnings of architecting a high-performance
and resilient service with Hazelcast Platform to deliver an
engaging and seamless experience that connects Fanatics’ core
business with its new betting and gaming division.
Session highlights include:
- Practical ways to avoid slow performance in a
high-performance, highly distributed real-time service.
- A data-driven and performance-optimized approach to building
valuable customer and business services, such as real-time targeted
promotions.
- Delivering a premier customer experience with streaming data at
scale.
- Enhancing business operations through real-time analytics.
“Our success depends on meeting the individual needs of millions
of fans across many of our applications, from team merchandise to
online gaming,” said Cary. “Our applications and business goals
require a high-performance and resilient data platform capable of
operating under intense demands during the world’s largest sporting
events. I’m thrilled to showcase our work and connect with peers at
the summit.”According to Gartner1, “Software engineering leaders
are under continuous pressure to adopt modern architectures and
technologies. To do this well, they need to know which trends have
the greatest potential impact for their digital business efforts
within an actionable planning horizon,” said Joachim Herschmann, VP
Analyst at Gartner.
More on Hazelcast Platform
A recent survey revealed that 40% of financial services
companies lack the proper data infrastructure, and 35% lack the
appropriate technology infrastructure for AI initiatives2.
Hazelcast Platform is a unified real-time data platform
encompassing fast data storage, in-line compute, and data access
for real-time and AI applications. This unified approach simplifies
application architectures, significantly reducing total cost of
ownership (TCO) from prototyping and designing (Day 0) through
developing and deploying (Day 1) and maintaining, monitoring and
optimizing applications (Day 2).
Last month, Hazelcast released its latest version, Hazelcast
Platform 5.4, setting new industry standards in strong data
consistency and performance for data-intensive, mission-critical
workloads. Among the new features in the release are an advanced CP
Subsystem for strong data consistency and a thread-per-core (TPC)
architecture, which delivers a 30 percent performance improvement
on large workloads.
To learn more, meet the Hazelcast team at booth #119
or schedule a personalized demo.
Resources
- Hazelcast at Gartner Application Innovation and Business
Solutions Summit
- Presentation: Building a Robust and Scalable Platform for New
Business at Fanatics, Tuesday, May 14th from 10:30 - 10:50 am in
Theater 2, Exhibit Showcase, Octavius Ballroom, Promenade
South
- Hazelcast Sets Industry Standard for Consistency and
Performance for Data-Intensive Mission-Critical AI Workloads with
Hazelcast 5.4(1) Gartner, Inc. Press Release, “Gartner Identifies
the Top Strategic Technology Trends in Software Engineering for
2023 and Beyond,” September 14, 2023. GARTNER is a registered
trademark and service mark of Gartner, Inc. and/or its affiliates
in the U.S. and internationally and is used herein with permission.
All rights reserved. (2) "EY Survey: AI adoption among financial
services leaders universal, amid mixed signals of readiness,” Ernst
& Young, 2023.
About Hazelcast
The world’s leading companies trust Hazelcast and its unified
real-time data platform for mission-critical and data-intensive
workloads that require high performance, resilience, and scale.
Customers such as JPMorgan Chase, Volvo, New York Life, Target, and
Domino’s rely on the Hazelcast Platform for application
modernization initiatives and AI/ML deployments.
Hazelcast enables companies across every industry to drive new
revenue, mitigate risk, and improve operational efficiencies - at a
low total cost of ownership. Top banks and credit card companies
rely on Hazelcast for payments, processing billions of dollars per
second of domestic and cross-border payments, avoiding $100 million
per year in fraud loss. Manufacturing, shipping and services
companies rely on Hazelcast to optimize the utilization of
equipment and resources in real-time to save 33% in operational
costs.
The Hazelcast unified real-time data platform uniquely combines
a distributed compute engine and fast data store into a single
runtime to process real-time data, enrich it with historical
context and enable real-time ML inference.
To join our community of CXOs, architects, and developers,
visit www.hazelcast.com.
Matt Wolpin
Hazelcast, Inc.
650-487-0179
matt.wolpin@hazelcast.com