AtScale, the world leader in large data management, opened an office in Sofia. This is the first destination in which the California company moves internationally. The company aims to "bring order in the chaotic ocean of data" that businesses are working on. Customers on its platform for business intelligence are giants such as JPMorgan Chase, Toyota, Wells Fargo, GlaxoSmithKline. AtScale was created in California in 2013 by veterans from Yahoo !, Google, Netezza, IBM, Microsoft, Salesforce, Cisco, and Oracle, where they are confronted with a similar problem. "AtScale was born of necessity," says one of the founders of AtScale and Vice President Dave Mariani. "In Yahoo! and my team, we were disappointed that we could not easily allow consumers to consume all of the company's data. Every day we had to go through the anarchy of company data and prepare them for business analyzes required their painful shifting from place to place. "As much as we optimized the flows, the battle was lost," Mariani remembers.
Among the management team of the company is Momchil Mihailov - Vice President and General Manager for Europe. We are here because I am sure that in Bulgaria we will find the exceptional IT specialists our revolution needs. These are executives looking for not just employment with social benefits but a career. It's not about working on different projects or outsourcing. As our team in the United States and the one in Sofia will create a product without analogue in the world, "said Scott Hauser, chief product manager of AtScale, the massive increase in the amount of data collected and stored by organizations around the world through over the past few decades, is undeniable, and the ability to quickly access and analyze them is already critical to any business.Forrester Research claims that $ 140 billion will be invested in analyzing large information masses in 2019 .
"We live with a world where more than 5 billion people talk on the phone every day, write messages, tweet, browse, and every day 571 new sites are born, 30 billion units of information per month are shared on Facebook, between 2009 and 2020 this data "production" will have increased by 440%, "says Hauser. It is in this chaotic environment that Atscale introduces a line allowing businesses to extract the necessary information from a wide range of data with ease, speed and security. The goal, of course, is efficiency. Lack of efficiency in data management can cost companies up to 35 percent of their operating revenue or $ 600 billion a year losses for US businesses alone.