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Spark Ventures Launches Qrious Big Data Platform
Establishes Scalable Infrastructure to Incubate, Launch and Grow Digital Businesses
Qrious is a new big data stand-alone startup from Spark New Zealand (formerly Telecom New Zealand) and its innovation division, Spark Ventures (formerly Telecom Digital Ventures).
The company offers a purpose-built, cloud-based data analysis platform to help private and public sector organizations, including those serving public transport, healthcare, government and housing, take advantage of big data to provide better products and services. The platform securely blends proprietary and public data and enables organizations to combine these sources with their own private data sets to gain new, more powerful value and insights from data and analytics. Qrious leaders predict that significant economic and social benefits may be generated by the smarter use of data and billions of dollars may be generated for all of New Zealand as a result of the new applications created and the global insights achieved.
Create a Cloud-Based Platform to Help Organizations Harness Big Data for Public and Business Benefit
Today, organizations in the private and public sector, alike, need to be data-driven to flourish. But many lack the expertise or technical resources to effectively analyze information to gain insights to provide new products and services. Typically, public sector organizations have huge data sets that they cannot easily mine to solve pressing social challenges and improve services for a growing population. For-profit businesses also find it challenging to combine their personal data sets with industry-wide information to more effectively identify high-growth opportunities and boost economic growth.
Qrious wanted to create a purpose-built, cloud-based data analysis platform that would not only securely host customers’ private data sets but would also enable customers to access other public and private data sets to generate analytics and take advantage of Qrious data experts to help gain new insights. The platform needed to be powerful enough to help public sector organizations to be more transparent about the data they collect and make better use of data to serve the public. It also needed to help commercial businesses harness big data to be more efficient, improve customer experience and reduce fraud.
According to Ed Hyde, CEO of Qrious, “There is an enormous opportunity to help businesses become more efficient using some of the latest big data technologies. By delivering traditional solutions like business intelligence and data warehousing at a much lower cost and adding an easier cloud-based approach to reduce obstacles and barriers, businesses are empowered to become more data driven.”
The Pivotal Stack - Pivotal Cloud Foundry and Pivotal HD with HAWQ
Qrious leaders determined that the optimal cloud-based data analysis platform would need to securely host private data assets from public- and private-sector customers, but also offer the ability to augment the sets with other privately and publicly-available industry and government data, combined with real-time mobile location data. Further, Qrious wanted the platform to be streamlined enough to be self-service and low touch at the administrative level but powerful enough to enable customers to build data models and combine data in useful ways to generate new services and products that could be monetized.
After evaluating several other options, Hyde and his team selected Pivotal Cloud Foundry and Pivotal HD with HAWQ as the foundation for its on-demand, cloud-based big data eco-system offering both platform-as-a-service and software-as-a-service elements.
“Pivotal’s technology offers the tight coupling of the three elements we wanted to focus on: the applications, the analytics and the data,” says Hyde. “Pivotal offers the complete suite of what we need to solve different problems in a single offering.”
Quickly, Easily and Economically Share Information to Drive Efficiencies
Qrious’s platform enables businesses and public sector organizations to easily and securely host their private data and combine the data with other publicly available information to gain even greater insights. Because the platform is a cloud-based service, customers pay as they use it making it very economical and it is also very easy to interact, collaborate and share information.
Establish a Foundation for Data Storage and Collaboration to Build Applications
Qrious offers customers a combination of their own developed applications to service public sector organizations and commercial businesses, as well as eco-system driven applications. Because the platform has been architected to be very modular, as more customers take advantage of the platform it will easily scale to meet storage requirements and support more applications, products and services.
Enabling Data Science Practice to Help Customers Understand the Value of Data
The combination of the new platform and Qrious data science experts can help customers gain critical insights into big data that may not have been possible before. For example, by correlating available data sets across the health care sector with population demographics, resulting analytics and insights canhelp direct investments into the most in-demand medical care. To further ensure the availability of well-trained data experts, Qrious has established a Data Science Academy to train students on analytical techniques.
Hyde and his Qrious team of big data experts understand that organizations across the public and private sectors need to make better use of the data they have to thrive in today’s digital age. Using Pivotal Cloud Foundry and Pivotal HD with HAWQ as the foundation for its purpose-built, cloud-based data analysis platform now enables Qrious to provide the big data analytics and insights customers need to take strategic actions and drive success.