Exasol: Data Analytics on Steroids
Exasol was founded in Nuremburg, Germany, in 2000 with a single purpose – to engineer the world’s fastest database for analytics, with no limits on data volumes. For more than 15 years, Exasol has focused exclusively on delivering ultra-fast, massively scalable, analytic performance. The company’s flagship product is a high-performance, in-memory, MPP database designed specifically for analytics.
Mathias Golombek, Chief Technology Officer of Exasol, is responsible for all technical areas in the company, ranging from development, operations, technical support to professional consulting. He began his professional career back in 2004 when he joined Exasol as a software developer and led the database optimization team, before managing the research and development department in 2006.
Since its inception, Exasol has worked with over 100 customers and more than 400 implementations of the database. “Our customers span 16 countries and five continents and are supported by offices in Germany, the United Kingdom, the United States and Brazil, with partners across Europe, Israel and Japan,” says Golombek. Its customers span many sectors, including digital media, retail, communications, financial services, manufacturing and research.
The company stands out from others in the IT space in that it has “a deep passion for making customers happy and successful,” according to Golombek. “We pride ourselves on the fact that our customers really trust us and often tell us that they haven’t met such a great supplier before.” He adds that, from a technology perspective, Exasol does one thing, and does it really well.
Exasol’s intelligent in-memory database is designed from the ground up, using state-of-the-art software techniques and principles. It is the fastest, easiest, most scalable and cost-efficient database on the market. It runs on low-cost commodity hardware; scales from 10GB to 100TB of data; is quick to implement, and delivers extreme performance without cost and complexity. In addition, it is self-tuning; intelligent algorithms optimize system performance, minimizing administrative work.
“Bringing all these elements together, Exasol is the best tool for the job when it comes to analyzing large and complex data volumes,” he says. Golombek identifies the company’s core competencies as software development, parallel and in-memory computing, analytics, data warehousing and scalability.
“We are in a world of dramatic and fast-paced change, where business and technology is getting even closer to together,” he says. In his view, data analytics will plug the productivity gap. “Data-driven decisions are now the answer to improved services and productivity. Decisions can be made faster and more accurately because of data analytics are better, and can ultimately impact a business’s bottom line,” according to Golombek. “When the insights garnered from the data are then visualized, it makes it easier for business leaders to understand -without having to become data analysts themselves – and enables them to act upon these insights with immediacy.”
He foresees widespread adoption of in-memory computing, with it becoming a commodity. “This is due to the continued fall in price of memory and the advances made in memory technology, which allows companies to leverage its full potential. Digestible, visual data results can now be delivered in real-time,” he says. “The speed at which results are obtained is crucial – otherwise executives will be making decisions using out-of-date information. In-memory computing also creates an environment where business management and technology can become synonymous with each other. It will no longer be on the periphery of IT – it will be integral to the business.”
Golombek points out that solutions-as-a-service has been building momentum throughout 2015 and IT managers are increasingly seeing the success that early adopters have been enjoying. “Companies have been struggling to plug the skills gap, particularly for data analytics. IT managers now see SaaS as a legitimate solution to the problem and are seeking to make use of the benefits it has to offer,” he says.
The qualities he looks for in hiring boils down to smart and self-motivated. “We follow the mantra ‘Hire the right attitude, train them then with the skills needed for the job.”He is also looking for team players with a positive attitude and problem-solving aptitude. “Someone who enjoys being successful,” says the very successful Mathias Golombek.