New KX CTO Raab, who will report directly to First Derivatives CEO Seamus Keating, will be responsible for research and development and the technology roadmap at KX, with a focus on accelerating expansion of its platform across industries.

Raab joins KX from Information Builders (recently acquired by TIBCO), where he served as CTO, overseeing and managing all technology projects within the firm, including software research and development and quality assurance.

Prior to this, Raab was CTO of digital marketing firm Yodle Inc. (now part of Web.com), as well as holding CTO and senior engineering positions within telecoms and networking firms, including M5 Networks and Line2.

KX will look to leverage its new CTO’s extensive experience in designing and delivering cloud infrastructure strategies, as well as leading product development, as the analytics provider looks to build on its growth strategy.

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“It’s an incredibly exciting time to join KX,” said new KX CTO Raab. “As the volume and complexity of data continues to grow unabated, it is driving change across all sectors.

“Organisations are looking for a partner who can help them achieve tangible business value from their vast historic data and what comes in real time, whether it’s in the cloud or at the edge, and KX is well positioned to address this need.”

Seamus Keating, CEO of First Derivatives, commented: “The real time data analytics market continues to move towards us particularly in the areas of IoT, streaming data, cloud and edge computing.

“Eric’s breadth of experience delivering product strategies in this space will be invaluable to our growth ambitions for KX. I am delighted to welcome him to the team.”