Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index: 99,559.59 -140.11

Velocimetrics Offers Its New Cloud Product For Free On 3-Month Trial License

Date 19/05/2020

Velocimetrics, part of the Beeks Financial Cloud Group Plc (AIM: BKS), is announcing that its recently released product, stream2Cloud, is now available on 3-month trial licenses at no charge. stream2Cloud is a revolutionary approach to network streaming and data analytics in the cloud, allowing firms to capture and extract network packet data in real time from multiple locations into private, public or hybrid cloud, something which was previously prohibitively expensive and which potentially left blind spots. stream2Cloud is also exceptionally easy and quick to install. Alongside Velocimetrics’ current offerings, stream2Cloud is available on a pay-as-you-go pricing model and eliminates the burden of lengthy contracts.

Paul Spencer, COO of Velocimetrics, said: “Our offering of a free trial period of up to 3 months is especially important in light of the current climate, where cloud applications are becoming increasingly more important in the day-to-day running of businesses, and where the majority of the workforce is working remotely. It is a great opportunity for companies to see how stream2Cloud operates and the benefits that it will bring to their businesses. It’s so easy to install that one of our interns got it up-and-running in less than two hours, without any training.” He added: “At Velocimetrics we believe that stream2Cloud is going to have a very big, positive impact on financial firms and we want companies to be able to see this for themselves.”

Released at the beginning of this year, stream2Cloud offers firms visibility throughout the entire enterprise and access to real-time analytics across vast quantities of data. Extracting data from multiple locations into private or public cloud, without the use of on-premise infrastructure, was considered inherently expensive and complicated prior to Velocimetrics’ development of stream2Cloud. The platform can be deployed and installed in as little as 1-2 weeks, a significant reduction from the average of 3-6 months for traditional solutions. This significantly reduces the cost of installing appliances in co-locations, with clients saving between 50%-90% on costs and capital spend.

Velocimetrics is the leading provider of business tracking and real-time, in-stream performance analytics for financial firms across the globe. stream2Cloud was launched in January 2020 to enable firms’ enterprise-scale analysis at a fraction of the cost and without impacting underlying infrastructure.