San Jose, CA, March 12, 2019 --(PR.com
)-- Xcalar, Inc. today announced that PRGX®, a leading provider of recovery audit solutions and source-to-pay analytics for many of the world’s leading consumer brands, selected Xcalar Data Platform to optimize recovery audit programs that accelerate the identification of potential billing errors and discrepancies. By harnessing the power of insights derived from billions of individual transactions of supplier information, PRGX can deliver industry-leading solutions including recovery audit, spend analytics, supplier information management and contract compliance.
Through analysis of client transaction data, which often includes billions of records, PRGX identifies opportunities for its clients to increase revenues in areas previously overlooked due to myriad issues including disconnected systems, processes and even human error. Using PRGX’s proprietary technologies and methodologies, PRGX unlocks previously hidden value within its clients’ own data. PRGX turns this increasingly complex data environment into a powerful competitive advantage for more than 350 clients in over 30 countries.
“In helping our clients improve their bottom lines, PRGX handles more than a petabyte of semi-structured data annually using our proprietary data engine, which enables rapid and secure data ingestion and processing,” said Scott McClellan, PRGX chief technology officer. “With our clients now requesting more types of analyses and audits than ever before, PRGX has selected Xcalar for use within our platform to help provide the speed and scale necessitated by exponential increases in data volume, as well as data diversification. This helps us to quickly deliver the types of insights our clients require and open up new customer segments.” The speed and scalability of the Xcalar Data Platform is crucial to support PRGX’s goal of minimizing the typical lag between data ingestion and analysis. Through Xcalar’s ability to scale compute and storage independently, PRGX is able to grow its storage capacity – on-premises or in the cloud – without dictating the processing power needed for the increasing analytics workloads that come with onboarding new customers.
“PRGX’s industry-leading audit capabilities and expertise is an exciting use of Xcalar,” says Rebecca Ye, Xcalar Co-Founder and COO. “We are thrilled to be the analytics platform that delivers supplier billing and transactions insight to PRGX’s customers.”
Xcalar is a scale-out platform for data processing applications and operationalizing ML. The platform is open and extensible, and suitable for developing and operationalizing business logic. Xcalar's use cases include virtual data warehousing to enable BI tools to query real-time transactionally consistent data, operationalizing ML algorithms at cloud-scale, as well as simplifying data transformation and quality processes. Users use a versatile visual studio and IDE to interactively build dataflows using SQL, visual programming, and structured programming, and execute them at petabyte scale. Xcalar’s enterprise-grade software scales linearly across hundreds of nodes and thousands of users for public/private cloud and hybrid deployments.
PRGX Global, Inc. is a global leader in Recovery Audit and Spend Analytics services. With over 1,500 employees, the Company serves clients in more than 30 countries and provides its services to 75% of the top 20 global retailers and over 25% of the top 50 companies in the Fortune 500. PRGX delivers more than $1 billion in cash flow improvement for its clients each year. The creator of the recovery audit industry more than 40 years ago, PRGX continues to innovate through technology and expanded service offerings. In addition to Recovery Audit, the Company provides Contract Compliance, Spend Analytics and Supplier Information Management services to improve clients’ financial performance and manage risk. For additional information on PRGX, please visit www.prgx.com.
Contact: Joseph Yen
3031 Tisch Way, Suite 450
San Jose, CA 95128
Phone: +1 (408) 471 1711