First Derivatives’ Kx Goes Deep on Machine Learning

IDC estimates that the market for machine learning-related technology will increase from $12.5 billion in 2017 to more than $46 billion in 2020.

AI
Kx plans to create open-source, machine-learning libraries allowing kdb+ to natively implement machine-learning algorithms or integrate into third-party tools.

The first prong of Kx’s strategy is a consultancy service. Kx—which offers in-memory computing and streaming analytics through its kdb+ time-series database—has created a team focused on machine learning in London, led by Mark Sykes.

The team is currently smaller than 10 people, but Sykes tells WatersTechnology that it is actively adding staff. Additionally, the firm has partnered with machine-learning consultancy Brainpool, which has 130 machine-learning engineers across commercial and

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