Cloud-based platform offers analysis tools, data sharing, and entire governance, providing significant productivity gains for data analysts.

In-Q-Tel, the investment arm of america intelligence community, has taken a stake in Paxata, a developer of “adaptive data preparation” technology. Paxata’s platform can import multiple data sets, despite format, and create a single answer set that removes duplications automatically.

“Paxata’s technology enables users to wreck during the data preparation bottlenecks which have prolonged the analytic processes for many years,” T.J. Rylander, IQT’s investment team partner, said in an announcement announcing the deal. The company’s product offers government analysts the way to create cleaner answer sets and “accelerate accurate insight,” he explained.

The platform includes analytical tools that anybody can master, in accordance with Prakash Nanduri, Paxata’s co-founder and CEO. “We’re using extremely complex and complex technologies, delivering really easy-to-use solutions,” Nanduri said.

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Analysts, whether within the commercial world or government agencies, have lots of domain expertise and many institutional knowledge, Nanduri said. “[But] what they’ve struggled with is the hard, boring manual work that takes an excessive amount of time. In the event that they can relieve themselves of that manual work,” he observed, “they are able to do more [value-added analysis].”

Besides providing the power to mix and clean data sets from disparate sources and analytical tools to show the info into knowledge, the platform tracks data lineage and offers data set sharing, allowing several people to work with the solution set mutually.

Paxata also provides full governance. By setting standards for various groups of individuals, it’s possible to confirm each group only has access to the portion it’s authorized to work out. This offers efficiency and likewise compliance, Nanduri said.

The platform is cloud-based, enabling sharing and storage of big quantities of knowledge. Paxata’s customers include Dannon, UBS, and Box.

Over the past year In-Q-Tel has invested in other companies with cloud-based technologies and knowledge-sharing capabilities. The firm looks for promising commercial technologies which can have particular applicability within the intelligence community. Generally, IQT enters right into a partnership with each company which will allow it to either suggest particular product developments of interest to its unique needs or give the small company an infusion of capital to continue its work.

Paxata’s Nanduri declined to talk about any details of the arrangement with IQT, but he confirmed that it falls within this type of partnership arrangement.

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Washington-based Patience Wait contributes articles about government IT to InformationWeek. View Full Bio

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