Vesiro raises €1.6M to optimise elasticsearch and lower server energy use

· Source: Tech.eu - Tech.eu · Field: Technology & Digital — Software Development & Engineering, Cloud Computing & IT Infrastructure, Data Science & Analytics · Depth: Fundamental Awareness, quick

Summary

Vesiro, a Chalmers University spinout, has secured €1.6 million in seed funding to scale its Elasticsearch plug-in. This plug-in is engineered to enhance search performance in large-scale data environments, directly addressing the escalating energy consumption and operational costs associated with global data growth. The investment round saw participation from Chalmers Ventures, Industrifonden, and several other institutional and angel investors. Vesiro's technology enables organizations, particularly those in business intelligence, e-commerce, and AI, to process extensive datasets more efficiently, thereby reducing server requirements, energy usage, and overall operating expenses. The company plans to use the capital to expand its technical team, accelerate product development, and facilitate market rollout.

Key takeaway

For Directors of AI/ML or VPs of Engineering managing large Elasticsearch deployments, evaluating Vesiro's plug-in could yield substantial operational savings. Your teams can potentially achieve current workloads with fewer servers, directly reducing infrastructure costs and contributing to energy efficiency goals without disrupting existing systems.

Key insights

Optimizing Elasticsearch performance can significantly reduce server energy consumption and operational costs.

Principles

Method

Vesiro's plug-in improves Elasticsearch search efficiency, allowing equivalent workloads with fewer servers and no system changes.

In practice

Topics

Best for: VP of Engineering/Data, Director of AI/ML, Entrepreneur, CTO, Executive, Investor

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Editorial summary, takeaway, and curation by AIssential. Original article published by Tech.eu - Tech.eu.