January
Big Data and Cloud Data-Center Analytics: Solace Systems
There is also a fever brewing around PaaS (Platform as a Service), and it’s all about standardizing key middleware software into the Cloud. This field will overlap with the growing focus on Big Data as analytics vendors who specialize in data-centres redefine their products accordingly. As a core Cloud technology, Solace is active in these areas. As a PaaS component they’ll replace pieces of off-the-shelf PaaS bundles when the limitations of these components is reached in areas like performance.
Solace to Power Weather Forecasts
From distributing messages between stock hounds, Ottawa’s Solace Systems Inc. is now extending its reach to parsing weather changes seen from a future earth-gazing satellite. Winning a contract from Harris Corp. for NASA’s future GOES-R satellite is part of the growing emphasis Solace is placing on the public sector.
Old Dogs & New Tricks
Craig Betts, chief executive and founder of Solace Systems, which makes hardware for speeding the flow of data in corporate networks. Mr. Betts founded the firm in 2001, with Terence Matthews as an early investor, and has quietly assembled a set of first-class managers. He has also raised more than $80million in venture financing, which means at some point he will feel pressure to do an initial public offering.