“Teldware Sp/f (previously known as Telduráðgevin Sp/f) has now obtained the first patent covering our technology, and we are anticipating increasing revenues as the spread of our technology gains traction.”
The patent for invention number 8,676,772 is for a method to store and maintain a query-optimized representation of a dataset, including summary data, where the data is arranged in a large number of small database tables.
“This patent makes claims, which in connection with our technology, enables significantly faster, more reliable and consistent performance of a front-end data access application, which is previously unheard of,” said Eyjólfur Gislason, founder, owner and CEO of Teldware Sp/f.
“This technology is set to revolutionize the data warehouse industry. The invention enables a new category of applications, where interactive query performance (with typical 0.2 to 2.5 seconds response time) is no longer conditioned upon fitting the data into memory. Now, by using the techniques disclosed in the patent, response time is decoupled from the size of the underling data warehouse,” said Eyjólfur Gislason.
“The patent also discloses a simplified ETL (extract-transform-
“Furthermore, the patent discloses a method of partitioning data into partitions according to multiple redundant partitioning schemes and discloses a technique of maintaining redundant summary tables at the partition level. This technique removes problems of inconsistent data between aggregated and non-aggregated data tables. Also, it uses less resources for summary table maintenance by efficiently utilizing caching behaviour of typical computer systems.
“Also, the patent discloses a method of reducing the computational resources required to maintain a representation of a source dataset in a target database by comparing split data portions with other split data portions from a previous extraction and propagating only those portions that are new or changed.
“Finally, the patent discloses a method of reducing the computational resources required to load data into the data warehouse by eliminating the need for indexes on most tables in the data warehouse.
“We think our technology is revolutionary. What today, by most vendors, is believed to be best practices when designing a data warehouse is in the light of the teachings of patent 8,676,772 in our opinion not the best anymore,” he said.
About Teldware Sp/f:
Teldware Sp/f is a leader and pioneer in the interactive business information retrieval industry. Current customers include the government of the Faroe Islands, the municipality of the capital of the Faroe Islands and the largest telecommunication company of the Faroe Islands.
To view a company presentation, visit http://www.teldware.com.
Teldware Sp/f contact:
Eyjólfur Gislason, CEO, 298-317571