November 28, 2014 9:34 PM ET

Technology Hardware, Storage and Peripherals

Company Overview of VelociData, Inc.

Company Overview

VelociData, Inc. delivers products that leverage a heterogeneous computing platform. The company was incorporated in 2011 and is based in St. Louis, Missouri.

345 Marshall Avenue

Suite 102

St. Louis, MO 63119

United States

Founded in 2011

Phone:

314-785-0601

Fax:

314-785-0602

Key Executives for VelociData, Inc.

Co-founder and President
Vice President of Global Sales
Compensation as of Fiscal Year 2014.

VelociData, Inc. Key Developments

VelociData, Inc. Announces Mainframe Offload Solution

VelociData Inc. announced a breakthrough mainframe offload solution that enables IT organizations to slash their peak MSU/MIPS costs while incorporating legacy data into their Big Data environments with unprecedented speed and accuracy. The new solution, named zFusion, can convert even the most complex and arcane COBOL copybook EBCDIC formats at wirespeed into ASCII data and then validate, transform, and otherwise normalize the data for inclusion in existing enterprise ETL, reporting, analytics and/or data warehousing environments that utilize popular tools such as PowerCenter, DataStage, Teradata and Hadoop. By offloading these data operation processes from the mainframe, VelociData's zFusion can reduce MSU/MIPS-based licensing costs by hundreds of thousands of dollars-while providing the business with the complete, up-to-date data it needs to make smarter decisions in real time. VelociData zFusion is a configurable, hardened appliance powered by a combination of CPU, GPU and FPGA processors that can be easily configured to execute complex data conversion and transformation operations at wirespeed. Its secure architecture makes it an ideal conduit for mainframe data transfer. And because zFusion is available under a subscription licensing model, it does not require capex investment-and it can be paid for directly out of mainframe savings.

VelociData, Inc. Appoints Chris Mills as VP Global Sales

In this new position, Chris Mills will be responsible for guiding VelociData's worldwide sales activities and building a team to execute on VelociData's vertical market strategies across all geographic markets. In addition to leading a U.S. financial services sales team at Informatica, Mills has also served in sales leadership positions domestically and internationally for CA Technologies, Datapoint, Memorex Telex and Phillips.

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