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| Product | Market Share (%) |
|---|---|
| Databricks | 12.5% |
| Altair Panopticon | 0.1% |
| Other | 87.4% |

| Company Size | Count |
|---|---|
| Small Business | 25 |
| Midsize Enterprise | 12 |
| Large Enterprise | 56 |
Comprehensive streaming processing and visualization of real-time operational, trading, and market data
Delays in decision-making are costly in real-time businesses like electronic trading of equities, fixed income, FX, futures, or commodities, as well as other time-critical industries like telecommunications, energy, manufacturing, and logistics.
Waiting for end-of-day reports means you’re likely to miss profitable opportunities, or fail to respond to threats to regulatory compliance or profitability until it’s much too late.
Panopticon lets business users — the people closest to the action — build, modify, and deploy sophisticated streaming analytics and data visualization applications using a fully drag-and-drop interface. They can connect to virtually any data source, including real-time streaming feeds and time series databases, develop complex stream processing programs, and design visual user interfaces that give them the perspectives they need to make insightful, fully-informed decisions based on massive amounts of fast-changing data.
It’s no wonder that seven of the world’s top ten banks use Panopticon to monitor and analyze real-time trading and market data.
Databricks offers a scalable, versatile platform that integrates seamlessly with Spark and multiple languages, supporting data engineering, machine learning, and analytics in a unified environment.
Databricks stands out for its scalability, ease of use, and powerful integration with Spark, multiple languages, and leading cloud services like Azure and AWS. It provides tools such as the Notebook for collaboration, Delta Lake for efficient data management, and Unity Catalog for data governance. While enhancing data engineering and machine learning workflows, it faces challenges in visualization and third-party integration, with pricing and user interface navigation being common concerns. Despite needing improvements in connectivity and documentation, it remains popular for tasks like real-time processing and data pipeline management.
What features make Databricks unique?In the tech industry, Databricks empowers teams to perform comprehensive data analytics, enabling them to conduct extensive ETL operations, run predictive modeling, and prepare data for SparkML. In retail, it supports real-time data processing and batch streaming, aiding in better decision-making. Enterprises across sectors leverage its capabilities for creating secure APIs and managing data lakes effectively.
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