Petagene

PetaGene specializes in lossless genomic data compression, focusing on BAM and FASTQ file formats. The company operates in the genomics and bioinformatics market, serving clients such as research institutions, healthcare providers, and biotech companies. PetaGene's core product, PetaSuite, is a multi-threaded Linux software that compresses genomic data files by 60% to 90%, whether stored on-premises or in the cloud. This compression significantly reduces storage costs and data transfer times. The business model revolves around software licensing and support services, generating revenue through subscriptions and enterprise agreements. PetaGene also offers PetaLink, a user-mode shim that allows efficient random access and on-the-fly decompression, making the compressed files appear in their original format without the need for decompression. This feature enhances performance by saving input/output operations. The company is known for its responsive customer service and easy IT deployment, with clients having successfully compressed over one million genome files. PetaGene also provides free updates and decompression tools, ensuring no lock-in for customers. The company collaborates with industry leaders like Dell to manage next-generation sequencing (NGS) data and offers resources like cost calculators to help clients understand potential savings.

Keywords: Genomic data compression, BAM files, FASTQ files, PetaSuite, PetaLink, bioinformatics, healthcare, research institutions, data storage, cloud solutions.