Any ODBC-compliant database can now track live financial or process data with up-to-the-millisecond accuracy.
Georgetown, ON (PRWEB) November 2, 2005 -- Cogent Real-Time Systems, providers of real-time connectivity software, announced today ODBC support for their Cascade DataHub, providing a direct link from live data feeds or the factory floor to any ODBC-compliant database anywhere on a corporate network.
"There's no need to be working with stale data anymore," said Mr. Andrew Thomas, president of Cogent. "Today's successful executive gets his information and makes decisions on what's happening right now--not 10 minutes or an hour ago--especially in the financial trading and manufacturing sectors."
While some aspects of a business might not need this kind of immediate data update, more and more companies are realizing its value. For financial companies it's obvious, with applications like automated trading, straight-through processing and trading group coordination. In industry, designers of manufacturing execution systems (MES) have been wishfully eyeing process data for years, but haven't been able to get it into their ODBC databases without a lot of effort. There were connectivity problems, sluggish performance, and proprietary software protocols to deal with.
The Cascade DataHub with built-in ODBC scripting solves those issues. It can pick up data from any machine on the factory floor using OPC or DDE, and feed it directly into an ODBC database as fast as the database can handle it. This same data can also be used to generate live reports and custom dashboards, or be fed into other applications.
"What we are looking at here," said Mr. Thomas, "is a freer flow of information. Our customers know from their own experience that they move their business forward most quickly when they have the best, the most up-to-date information."
The Cascade DataHub lets users share real-time data among any number of applications using standard protocols and an easy-to-implement, scalable technology. With ODBC connectivity, the Cascade DataHub now brings that data into the heart of the enterprise.
About Cogent Real-Time Systems
Founded in 1995, Cogent Real-Time Systems is a leading developer of middleware solutions that connect sources and consumers of live data. Customers include the Bank of Canada, Cadbury Chocolate and the European Space Agency. Cogent leverages its experience in developing real-time systems to create data transport models for time-sensitive applications.
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