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Cloud Innovation Gains 5 Award Shortlists This Year For Velocimetrics

Date 05/03/2020

Velocimetrics new product, stream2Cloud, has had an unprecedented level of success since its launch in early January, now securing a further four shortlists. Having been shortlisted by FStech awards in January, stream2Cloud has now been shortlisted in the National Technology Awards and the European IT and Software Excellence Awards for ‘Cloud Innovation’ and ‘Enterprise (Cloud) Solution’ of the year, respectively. stream2Cloud also received a further two nominations from the Network Computing Awards for ‘Cloud-Based Solution of the Year’ and ‘New Cloud Solution of the Year’.

Velocimetrics is the leading fintech firm providing in-stream financial transaction monitoring, and its stream2Cloud brings major innovation in cloud use, enabling firms to aggregate and extract data from multiple locations around the world into either a private or public cloud without having on-premise appliances. It also allows companies to analyse vast quantities of data. Prior to the launch of stream2Cloud this would have been too complex or prohibitively expensive to implement.

All the awards recognise excellence in the technology and software industry and aim to celebrate technological pioneers and advancements.  The Network Computing Award winners will be chosen by votes closing on 24th March, while The National Technology Awards and The European Software and IT Excellence Awards finalists will be decided by a panel of judges later in the year.  

Steve Colwill, CEO of Velocimetrics, said: “Yet again I am delighted that stream2Cloud has been shortlisted for four more awards, especially in such a very short time since its launch in January.”

He added: “This certainly demonstrates that stream2Cloud is highly sought after in the market and is the solution for many problems in the industry. We have seen significant interest both from existing clients and new prospects. The clients that are trialling the product are a combination of Global Tier 1 Banks, Infrastructure Access to Market Providers and Data Providers, a testimony to the wide applicability of this unique networking product. We hope to see many more awards in the coming year, but we will continue to prioritise working with clients to meet their requirements and to make a positive difference to their businesses.”

Velocimetrics made its mark on the industry by providing business flow tracking and real-time, in-stream performance analytics. It has now developed yet another ground-breaking solution, stream2Cloud. The new platform allows companies to have enterprise-scale analysis of data and extract intelligence at a fraction of the cost of legacy technology and without impacting the underlying infrastructure.