Big data firm AquaQ Analytics signs customer support partnership with Shakti

AquaQ Analytics chief executive Ronan Pairceir
AquaQ Analytics chief executive Ronan Pairceir

SPECIALIST data management and analytics firm AquaQ Analytics in Belfast has signed a partnership agreement with Shakti Software to provide consulting and customer support.

Under the terms of the agreement, AquaQ will provide assistance to Shakti and its clients on customer implementations and support, and as an additional step it will build out a suite of tools and utilities that integrate with the Shakti product.

AquaQ, whose principals Dr Ronan Pairceir and James Bradley are both graduates of Ulster University, was set up in Belfast a decade ago, and its main function is capturing data such as stock market prices for hedge funds and investment banks.

It already has more than 150 staff on its books, and last year said it was investing £8.3 million in a further expansion to create 120 additional jobs.

Shakti is a parallel data platform that merges analytics and database into one, and is the latest evolution of a foundational computing approach which operates on entire lists of data concurrently.

Its architecture makes it a powerful tool for programmers to maximize the performance of both the software and the hardware they use today for big data challenges.

AquaQ Analytics chief executive Ronan Pairceir said: “We're delighted to be working with Shakti founders Arthur Whitney and Janet Lustgarten' and the wider team at Shakti.

“Their focus on next generation time-series analytics, taking full advantage of the most up-to-date hardware advances, fits perfectly with the needs of our client base. We look forward to a fruitful relationship between our two companies.”

Fintan Quill, head of sales engineering at Shakti, added: “We're thrilled to make AquaQ an official partner for Shakti consulting and customer support.

“They are joining our growing list of partners in the Shakti ecosystem. Backing up our own technical team, AquaQ’s extensive global network of highly trained engineers offers our clients the means to quickly get their Shakti applications up and running, and gives them on-going support.”