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EXEGY'S EXTREME SPEED:
POWERING DATA TO DRIVE VALUABLE INSIGHT


Remember when broadband was revolutionary? It was like flying a jet across the country instead of traveling by wagon. All of a sudden our online capabilities changed dramatically and our behavior changed as well. We could communicate across and between countries, get information from remote and varied sources, take educational courses, and buy stuff, lots of stuff, at what seemed like breakneck speed.

Today there is a new high-speed revolution based on fast compute technology developed right here in St. Louis that is likely to have as much, if not more, of an impact than broadband. And this new technology is likely to affect all of us—perhaps by making some people more money or keeping all of us and our identities safe—without us even knowing that it is working.

Founded in 2003, Exegy Inc. is offering transformational technology that can accelerate the creation of knowledge hundreds or thousands of times faster than what is currently available from other compute technologies. With extreme speed like that, it’s no surprise that a number of industries are clamoring for Exegy’s ability to mine, filter, calculate, and gather valuable insight from more data faster than ever before.

Exegy is being embraced by the financial industry to expedite profitable electronic trading decisions, by government intelligence agencies to gather information critical to keeping our country safer, and by computer manufacturers to speed up all they do, including encrypting data to help preserve individuals’ private information.

“Because of our unique technology, we are able to provide our customers with tools to make quicker business and intelligence decisions,” according to James V. O’Donnell, chairman of Exegy. O’Donnell is also president & CEO of Bush-O’Donnell, the investment firm that is also Exegy’s majority investor. “Getting critical results from data faster directly affects our customers’ success and gives them a competitive advantage.”

Exegy’s innovative technology, developed by four professors at Washington University in St. Louis, is able to speed processing because it uses a highly flexible combination of hardware and software instead of current solutions, which are based exclusively on software running on general-purpose processors.

Because of its different configuration, it not only processes more data faster, but it requires less space, electrical energy, and IT oversight, ultimately shrinking total cost of ownership.

“The beauty of this technology is that it does more‚—way more—and faster, while at the same time costs less to manage,” says Ron Indeck, Exegy’s chief technology officer and one of the four Washington University professors who pioneered the technology.

Demand for this type of technology is significant because help is needed to make insightful and timely decisions from the huge amount of data that industry, government, and individuals generate.

“The amount of valuable data out there has grown about ten million-fold over the past decades and will double this year alone,” says Indeck. “It’s incredible how much valuable information is out there and most of it is just being stored away instead of being used, because regular computing approaches struggle to process it quickly enough to make it useful.”

Exegy uses a compute platform that, Indeck says, is able to do the work of “100,000 computers. It takes that much compute power to do things that our customers really want to do.”

Exegy’s solution not only processes simple data requirements faster, but it offers high-speed, low-latency processing to tasks involving complex functionality, such as filtering streams of data for intelligence— perhaps identifying an object or a face from reams of images; or applying complex financial formulae on massive data feeds for the financial industry.

In the financial sector, while accommodating data volume is essential to traders, so is speed.

“If the fellow sitting next to me has the ability to make a decision a split-second faster, I’ve lost the trade,” says Indeck. “Our solution can give critical information about one hundred times faster than other approaches.”

“In government intelligence, their problem is aggravated by so much data coming in,” Indeck adds. “It’s like drinking from a fire hose; they can’t process it fast enough, so most of it falls on the floor. Tomorrow, when they start on the next bucket load of information, they’re already behind.”

Exegy’s customers know that they’re ahead of the game, transformed by fast access to information and accelerated creation of knowledge that may very well be making lucrative financial decisions or helping keep us more secure.





 

 

 


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