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    Splice Machine Launches Its Own Online Predictive Processing Platform

    Written by

    Chris Preimesberger
    Published January 2, 2018
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      San Francisco-based startup Splice Machine, which has developed a database management system specifically for hybrid clouds, has launched its own Online Predictive Processing Platform (OLPP) for powering the new generation of predictive applications that run both on premises and in clouds.

      The 5-year-old company also revealed that it has raised an additional $9 million from existing investors Correlation Ventures, Interwest Partners and Mohr Davidow Ventures, in addition to first-time investor Salesforce Ventures.

      Splice Machine has banked a total of $40 million in venture capital since its founding in 2012, according to Crunchbase.

      The company claims that its software can make predictive analytics usable in real-time operational applications at big-data scale. By using the Splice Machine OLPP, applications can now both “predict” by learning from the past as well as use those predictions to “act in the moment,” the company said.

      Prior to this OLPP platform, building a predictive application at big-data scale was either prohibitively complex or costly, the company said. Companies either had to hand-code components together—such as compute engines, fast key-value stores, analytical in-memory engines, streaming engines, machine learning libraries, and notebooks—or else use expensive scale-up packages, such as SAP HANA or Oracle Exadata, whose costs are unaffordable for many companies.

      Splice Machine integrates the Apache HBase and Spark engines into one ANSI SQL Relational Database Management System (RDBMS) that enables a company’s existing staff–those already familiar with SQL–to build predictive applications. The OLPP has two deployment options: as database-as-a-service (DBaaS) and as an on-premise offering.

      “Predictive analytics were a great starting point for the deployment of artificial intelligence, but they do not go far enough,” co-founder and CEO Monte Zweben said. “The next generation of predictive applications make predictive analytics actionable in operational settings such as planning systems, maintenance systems and health care systems. We’re removing the complexity for companies that need to predict, plan and act in real time in order to keep up with customer demand.”

      Early use cases such as supply chain optimization, predictive maintenance, predictive marketing, fraud detection and healthcare are generating significant benefits.

      For example, ClearSense, a smart data solution for health care organizations, is currently using Splice Machine to support its predictive application for healthcare settings. By gaining faster access to, and more value from, the data in their systems, ClearSense is able to both predict and mitigate dangerous code-blue events, such as sepsis shock, which can be a matter of life and death.

      For more information on Splice Machine, go here.

      Chris Preimesberger
      Chris Preimesberger
      https://www.eweek.com/author/cpreimesberger/
      Chris J. Preimesberger is Editor Emeritus of eWEEK. In his 16 years and more than 5,000 articles at eWEEK, he distinguished himself in reporting and analysis of the business use of new-gen IT in a variety of sectors, including cloud computing, data center systems, storage, edge systems, security and others. In February 2017 and September 2018, Chris was named among the 250 most influential business journalists in the world (https://richtopia.com/inspirational-people/top-250-business-journalists/) by Richtopia, a UK research firm that used analytics to compile the ranking. He has won several national and regional awards for his work, including a 2011 Folio Award for a profile (https://www.eweek.com/cloud/marc-benioff-trend-seer-and-business-socialist/) of Salesforce founder/CEO Marc Benioff--the only time he has entered the competition. Previously, Chris was a founding editor of both IT Manager's Journal and DevX.com and was managing editor of Software Development magazine. He has been a stringer for the Associated Press since 1983 and resides in Silicon Valley.
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