A Cloud-Based Data Warehouse Service from Treasure Data {2}

by Kathy S
The author of this article focused on the cloud-based data warehouse company, Treasure Data. The company received $1.5 million in funding that includes an investment from Yukihiro “Matz” Matsumoto — the creator of the Ruby programming language. Treasure Data has developed a service that brings high-end analysis to businesses that don’t have the resources to afford a solutions from major companies like IBM, Oracle or Teradata.¬†According to the CEO of Treasure Data, Hiro Yoshikawa, the total cost of ownership for a data warehouse suite from one of the enterprise players can cost as much as $5 million. Treasure Data is a subscription service that, at low end, costs $1,500 per month or $1,200 per month with a 12 month commitment. Yoshikawa says that on average the cost over time is more than 10 times less than what an enterprise data warehouse offering would cost. Treasure data has more than 10 customers that include “Fortunes 500” companies and it has more than 100 billion records stored and is processing 10,000 messages per second. Also, Treasure Data borrows from Hadoop but with a twist. Unlike Hadoop, Treasure Data does not require an infrastructure investment. read more...