Aster Data Systems

{{Infobox company

|name = Teradata Aster Analytics

|type = Public, Part of Teradata Corp

|foundation = 2005 in San Carlos, California

|industry = Advanced Analytics

|products = Teradata Aster Analytics

|fate= Acquired |parent= Teradata

|homepage = {{URL|www.teradata.com/Teradata-Aster/overview}}

}}

Aster Data Systems was a data management and analysis software company headquartered in San Carlos, California. It was founded in 2005 and acquired by Teradata in 2011.

History

Aster Data was co-founded in 2005 by Stanford University graduate students George Candea, Mayank Bawa and Tasso Argyros.{{cite web |title= George Candea |work= Dependable Systems Laboratory faculty profile |publisher= École Polytechnique Fédérale de Lausanne |url= http://people.epfl.ch/george.candea |accessdate= August 12, 2011 }}

It received funding from First Round Capital, Sequoia Capital, Institutional Venture Partners, Cambrian Ventures, Jafco Ventures as well as angel investors, including Rajeev Motwani, Ron Conway and David Cheriton.{{cite news|title=Aster Data Systems Extends Oversubscribed Series B Funding to $17 Million IVP Adds $5 Million in Additional Funding for Proven Leader in Frontline Data Warehousing |date=February 25, 2009 |work=News release |publisher=Institutional Venture Partners |url=http://www.ivp.com/news_20090225.html |accessdate=August 12, 2011 |url-status=dead |archiveurl=https://web.archive.org/web/20111005203852/http://www.ivp.com/news_20090225.html |archivedate=October 5, 2011 }}

It received its first round of funding of $5 million in 2005, a second round of $17 million in February 2009, and third round of $30 million in September 2010.{{cite news |title= Aster Data Raises Another $30 Million To Help Manage Big Data |work= TechCrunch |author= Jason Kincaid |date= September 22, 2010 |url= https://techcrunch.com/2010/09/22/aster-data-funding/ |accessdate= August 12, 2011 }}

Aster was mentioned in 2010 by Intelligent Enterprise' editor.{{cite press release |url= http://www.asterdata.com/news/100308-Aster-Data-Intelligent-Enterprise.php |title= Aster Data Honored as "Company to Watch" in the 2010 Intelligent Enterprise Editors' Choice Awards |date=March 8, 2010 |publisher=Aster Data |accessdate= August 12, 2011 }}{{cite news |url= http://www.informationweek.com/news/software/bi/222900034 |title=Intelligent Enterprise Editors' Choice Awards 2010 |work= Information Week |page= 5 |date=February 11, 2010 |accessdate= August 12, 2011 }}

It was ranked seventh in 2011 of venture-funded companies by The Wall Street Journal.{{cite news |title= The Top 50 Venture-Backed Companies |work= Wall Street Journal |date= March 20, 2011 |url= https://www.wsj.com/articles/SB10001424052748703300904576178673309577828 |accessdate= August 12, 2011 | archiveurl= https://web.archive.org/web/20110629113452/http://online.wsj.com/article/SB10001424052748703300904576178673309577828.html| archivedate= 29 June 2011 | url-status= live}}

Argyros (Chief Technical Officer at the time) was listed as a technology pioneer of information technology and new media by the World Economic Forum in 2011.{{cite web |title= Empowering People and Transforming Society: The World Economic Forum's Technology Pioneers 2011 |publisher= World Economic Forum |date= May 30, 2011 |url= http://www3.weforum.org/docs/WEF_TP_Brochure_2011.pdf |accessdate= February 19, 2017 }}

Teradata had acquired an 11 percent ownership interest in Aster Data Systems in September 2010.

On March 3, 2011, Teradata agreed to pay an additional $263 million for the remaining ownership interest, net of debt and other expenses.{{cite news |title= Teradata to Acquire Aster Data |work= News release |publisher= Aster Data |date= March 3, 2011 |url= http://www.asterdata.com/news/110303-Teradata-to-Acquire-Aster-Data.php |accessdate= August 12, 2011 | archiveurl= https://web.archive.org/web/20110719063204/http://www.asterdata.com/news/110303-Teradata-to-Acquire-Aster-Data.php| archivedate= 19 July 2011 | url-status= live}}{{cite news |url= https://www.theregister.co.uk/2011/03/03/teradata_buys_aster_data/ |title= Teradata snaps up Aster Data for $263m: Big data analytics |author = Timothy Prickett Morgan |date= March 3, 2011 |work= The Register |accessdate = August 12, 2011 | archiveurl= https://web.archive.org/web/20110628201751/https://www.theregister.co.uk/2011/03/03/teradata_buys_aster_data/| archivedate= 28 June 2011 | url-status= live}}

The acquisition completed in April 2011.{{cite news |title= Teradata Completes Acquisition of Aster Data: Bringing together two leaders to deliver powerful insights for organizations |work= News release |publisher= Teradata |date= April 6, 2011 |url= http://www.teradata.com/News-Releases/2011/Teradata-Completes-Acquisition-of-Aster-Data/ |accessdate= August 12, 2011 |archive-url= https://web.archive.org/web/20110813072343/http://www.teradata.com/News-Releases/2011/Teradata-Completes-Acquisition-of-Aster-Data/ |archive-date= August 13, 2011 |url-status= dead }}

In September 2011 a computer appliance version of the product was announced, with pre-configured software bundled with hardware.{{Cite news |title= Teradata's Aster analytic database gets appliance treatment |author= Chris Kanaracus |work= Info World |url= http://www.infoworld.com/d/data-management/teradatas-aster-analytic-database-gets-appliance-treatment-173696 |date= September 22, 2011 |accessdate= October 25, 2011 }}

Aster Data hosted a "Data Analytics Summit" trade show through 2012, made up of regional events.{{cite web|title=Data Analytics Summit: The premiere event for supercharging analytics on big data |work=official web site |url= http://dataanalyticssummit.com/ |accessdate=August 12, 2011 |url-status=dead |archiveurl=https://web.archive.org/web/20110807234416/http://dataanalyticssummit.com/ |archivedate= August 7, 2011 }}

In October 2012, Aster announced a second version of its appliance. In addition to the Aster database software, another appliance was available with nodes running the Hortonworks distribution of Apache Hadoop.{{Cite news |title= It's happening: Hadoop and SQL worlds are converging |author= Tony Baer |date= October 26, 2012 |work= ZDNet |url=https://www.zdnet.com/article/its-happening-hadoop-and-sql-worlds-are-converging/ |access-date= October 14, 2013 }}{{Cite news |title= Teradata Big Analytics Appliance Enables New Business Insights on All Enterprise Data |date= October 17, 2012 |publisher= Teradata Aster |work= Press release |url= http://www.asterdata.com/news/teradata-aster-big-analytics-appliance-breaks-down-barriers.php |accessdate= October 14, 2013 }}

In October 2013, version 6 of Aster database software was announced. It supported graph database technology, and a file system that the company said was compatible with the Hadoop distributed file system.{{Cite news |title= Teradata Aster gets graph database, HDFS-compatible file store |author= Andrew Brust |date= October 8, 2013 |work= ZDNet |url= https://www.zdnet.com/article/teradata-aster-gets-graph-database-hdfs-compatible-file-store/ |access-date= October 14, 2013 }}{{Cite news |title= Teradata Aster Discovery Platform Liberates Data Scientists Around the World |date= October 8, 2013 |publisher= Teradata Aster |work= Press release |url= http://www.asterdata.com/news/teradata-aster-discovery-platform-liberates-data-scientists-around-the-world.php |accessdate= October 14, 2013 }}

After Bawa left the company in 2014, he was named a young achiever by the Indian Institute of Technology Bombay (from which he graduated in 1999).{{Cite web |title= Distinguished Alumnus Awards: Young Alumni Achiever Awards |date= March 10, 2014 |publisher= Indian Institute of Technology Bombay |page= 29 |url= http://www-old.iitbombay.org/news/final-pdf.pdf |accessdate= February 19, 2017 |archive-url= https://web.archive.org/web/20170220092740/http://www-old.iitbombay.org/news/final-pdf.pdf |archive-date= February 20, 2017 |url-status= dead }}

In June 2014, Teradata announced a product using the R programming language.{{Cite web |title = Teradata Lifts the Limitations on Open Source R Analytics |url = http://www.teradata.com/News-Releases/2014/Teradata-Lifts-the-Limitations-on-Open-Source-R-Analytics/ |work= Press release |date= June 26, 2014 |accessdate = February 20, 2017 }}

In February 2015, Teradata announced an "AppCenter" using Aster technology.{{Cite web |title = Teradata Launches Next-Generation Big Data Apps |work = Press release |date = February 11, 2015 |url = http://www.teradata.com/News-Releases/2015/Teradata-Launches-Next-Generation-Big-Data-Apps/ |accessdate = February 20, 2017 |archive-url = https://web.archive.org/web/20170211163040/http://www.teradata.com/News-Releases/2015/Teradata-Launches-Next-Generation-Big-Data-Apps/ |archive-date = February 11, 2017 |url-status = dead }}

In October, 2015 Teradata announced a set of analytics techniques and applications to run on Apache Hadoop, marketed for the Internet of things.{{Cite web|title = Breakthrough Teradata Software Pushes the Analytic Edge with Internet of Things Data |work= Press release |date= October 19, 2015 |url = http://www.teradata.com/News-Releases/2015/Breakthrough-Teradata-Software-Pushes-the-Analytic-Edge-with-Internet-of-Things-Data/ |accessdate = February 20, 2017 }} In 2016, Aster Analytics was made available on Amazon AWS Marketplace for self-service, DIY customers. It became available at Microsoft Azure Marketplace in 2017.

References