|By PR Newswire||
|October 31, 2012 08:00 AM EDT||
SAN FRANCISCO, Oct. 31, 2012 /PRNewswire/ -- Terracotta, Inc., the leader in in-memory technologies for enterprise big data, today announced record results for the first three quarters of 2012, placing the company on track to more than triple last year's revenue. Driven by the growing demand for big data in-memory solutions, revenue has increased by 300 percent since Terracotta was acquired by Software AG in 2011.
Faced with exploding data volumes and a need to instantaneously analyze and act on business information, companies are struggling with current data solutions that fail to provide the speed and scale their businesses require. Terracotta's BigMemory products unlock the value in big data, delivering a comprehensive solution for real-time access to and analysis of hundreds of terabytes of business data, at up to 1,000 times faster speed than traditional data management technologies.
2012 has already been a banner year for Terracotta as demonstrated by several key measurements including:
- New customer wins. Within the last nine months, Terracotta signed deals with a number of global brands and enterprise customers including Discover, PayPal, Nielsen, Digital Globe, UPS and Sabre Holding as well as some top-level federal agencies.
- A 25 percent increase in product downloads year over year; 2.1 million developers have downloaded Terracotta products, representing over 2.5 million individual deployments.
- A 300 percent increase in year over year revenue.
"In-memory technology has emerged as a highly desirable component of Big Data initiatives due to rapid advancements in server RAM capacities and application design. Solutions, such as Terracotta's BigMemory, can be used by companies in any industry to effectively scale their data infrastructure and support the high performance applications that drive their business," said Nathaniel Rowe, research analyst, Aberdeen Group. "Aberdeen's research shows a high demand for these in-memory solutions, with companies planning to more than double the adoption rate of this technology in the next 12 to 24 months."
Terracotta continues to drive the in-memory data management market, extending the value of its flagship BigMemory product line.
- In July, the company unveiled significant enhancements to BigMemory scalability, search and security.
- In September, Terracotta launched BigMemory Go – featuring unlimited RAM on a single node and up to 32GB of free in-memory storage.
- Also in September, Terracotta was selected as the winner of the 2012 DataWeek Award for Top Innovator in the "Big Data Technology" category for BigMemory, the industry's leading in-memory big data management solution.
- Additional product updates are expected in January 2013.
Terracotta made significant investments in its executive team in the last two months, adding valuable depth across several key areas.
- In September of 2012, Robin Gilthorpe joined Terracotta as CEO, bringing 20 years of international management experience to the company. Gilthorpe was most recently senior vice president, Americas at TIBCO Software Inc.
- Terracotta recently appointed Gagan Mehra as chief evangelist. Mehra brings over 15 years of experience creating and implementing digital strategies for leading technology companies. Prior to joining Terracotta, Mehra was a leader within Deloitte Consulting's Digital practice.
- Paul Turner has also joined Terracotta as vice president, global technical services, spearheading the company's technical pre-sales, professional services and support. With over 20 years of experience, Turner excels at building world-class teams and providing leadership to deliver outstanding customer service.
"Everyone wants fast access to big data to make informed decisions as quickly as possible. Keeping high-value business data in memory, where access speeds are real-time, is the best way to ensure it is available when needed," said Robin Gilthorpe, CEO of Terracotta. "Terracotta's record growth throughout 2012 further demonstrates that BigMemory is a disruptive technology that is filling a huge void that legacy platforms simply cannot address. We will continue to drive further value and innovation for our global customers in the fourth quarter and in years to come."
About Terracotta, Inc.
Terracotta, Inc. is a leading provider of game changing Big Data management solutions for the enterprise. Its flagship BigMemory product line features Big Data in-memory solutions that deliver performance at any scale. Terracotta's other award winning data management solutions include Ehcache, the de facto caching standard and Quartz the de facto scheduler for enterprise Java. Terracotta supports the data management needs of a majority of the Global 1000 with over 500,000 deployments of its products. Terracotta is a wholly owned subsidiary of Software AG (Frankfurt TecDAX: SOW). For more information, please visit www.terracotta.org.
SOURCE Terracotta, Inc.
Companies can harness IoT and predictive analytics to sustain business continuity; predict and manage site performance during emergencies; minimize expensive reactive maintenance; and forecast equipment and maintenance budgets and expenditures. Providing cost-effective, uninterrupted service is challenging, particularly for organizations with geographically dispersed operations.
May. 27, 2016 02:00 PM EDT Reads: 1,973
SYS-CON Events announced today that BMC Software has been named "Siver Sponsor" of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2015 at the Javits Center in New York, New York. BMC is a global leader in innovative software solutions that help businesses transform into digital enterprises for the ultimate competitive advantage. BMC Digital Enterprise Management is a set of innovative IT solutions designed to make digital business fast, seamless, and optimized from mainframe to mo...
May. 27, 2016 01:45 PM EDT Reads: 2,140
SoftLayer operates a global cloud infrastructure platform built for Internet scale. With a global footprint of data centers and network points of presence, SoftLayer provides infrastructure as a service to leading-edge customers ranging from Web startups to global enterprises. SoftLayer's modular architecture, full-featured API, and sophisticated automation provide unparalleled performance and control. Its flexible unified platform seamlessly spans physical and virtual devices linked via a world...
May. 27, 2016 01:15 PM EDT Reads: 2,163
The IoT is changing the way enterprises conduct business. In his session at @ThingsExpo, Eric Hoffman, Vice President at EastBanc Technologies, discuss how businesses can gain an edge over competitors by empowering consumers to take control through IoT. We'll cite examples such as a Washington, D.C.-based sports club that leveraged IoT and the cloud to develop a comprehensive booking system. He'll also highlight how IoT can revitalize and restore outdated business models, making them profitable...
May. 27, 2016 12:30 PM EDT Reads: 2,812
IoT generates lots of temporal data. But how do you unlock its value? How do you coordinate the diverse moving parts that must come together when developing your IoT product? What are the key challenges addressed by Data as a Service? How does cloud computing underlie and connect the notions of Digital and DevOps What is the impact of the API economy? What is the business imperative for Cognitive Computing? Get all these questions and hundreds more like them answered at the 18th Cloud Expo...
May. 27, 2016 12:00 PM EDT Reads: 2,219
SYS-CON Events announced today that EastBanc Technologies will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. EastBanc Technologies has been working at the frontier of technology since 1999. Today, the firm provides full-lifecycle software development delivering flexible technology solutions that seamlessly integrate with existing systems – whether on premise or cloud. EastBanc Technologies partners with p...
May. 27, 2016 10:30 AM EDT Reads: 2,216
SYS-CON Events announced today that Commvault, a global leader in enterprise data protection and information management, has been named “Bronze Sponsor” of SYS-CON's 18th International Cloud Expo, which will take place on June 7–9, 2016, at the Javits Center in New York City, NY, and the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Commvault is a leading provider of data protection and information management...
May. 27, 2016 10:00 AM EDT Reads: 3,102
In his session at 18th Cloud Expo, Bruce Swann, Senior Product Marketing Manager at Adobe, will discuss how the Adobe Marketing Cloud can help marketers embrace opportunities for personalized, relevant and real-time customer engagement across offline (direct mail, point of sale, call center) and digital (email, website, SMS, mobile apps, social networks, connected objects). Bruce Swann has more than 15 years of experience working with digital marketing disciplines like web analytics, social med...
May. 27, 2016 10:00 AM EDT Reads: 1,297
SYS-CON Events announced today that Tintri Inc., a leading producer of VM-aware storage (VAS) for virtualization and cloud environments, will exhibit at the 18th International CloudExpo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, New York, and the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
May. 27, 2016 10:00 AM EDT Reads: 2,330
SYS-CON Events announced today Object Management Group® has been named “Media Sponsor” of SYS-CON's 18th International Cloud Expo, which will take place on June 7–9, 2016, at the Javits Center in New York City, NY, and the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
May. 27, 2016 10:00 AM EDT Reads: 2,391
SYS-CON Events announced today that ContentMX, the marketing technology and services company with a singular mission to increase engagement and drive more conversations for enterprise, channel and SMB technology marketers, has been named “Sponsor & Exhibitor Lounge Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2016, at the Javits Center in New York City, New York. “CloudExpo is a great opportunity to start a conversation with new prospects, but what happens after the...
May. 27, 2016 09:45 AM EDT Reads: 1,077
The IoTs will challenge the status quo of how IT and development organizations operate. Or will it? Certainly the fog layer of IoT requires special insights about data ontology, security and transactional integrity. But the developmental challenges are the same: People, Process and Platform. In his session at @ThingsExpo, Craig Sproule, CEO of Metavine, will demonstrate how to move beyond today's coding paradigm and share the must-have mindsets for removing complexity from the development proc...
May. 27, 2016 09:00 AM EDT Reads: 1,888
What a difference a year makes. Organizations aren’t just talking about IoT possibilities, it is now baked into their core business strategy. With IoT, billions of devices generating data from different companies on different networks around the globe need to interact. From efficiency to better customer insights to completely new business models, IoT will turn traditional business models upside down. In the new customer-centric age, the key to success is delivering critical services and apps wit...
May. 27, 2016 08:45 AM EDT Reads: 1,126
Join us at Cloud Expo | @ThingsExpo 2016 – June 7-9 at the Javits Center in New York City and November 1-3 at the Santa Clara Convention Center in Santa Clara, CA – and deliver your unique message in a way that is striking and unforgettable by taking advantage of SYS-CON's unmatched high-impact, result-driven event / media packages.
May. 27, 2016 08:00 AM EDT Reads: 2,370
In his keynote at 18th Cloud Expo, Andrew Keys, Co-Founder of ConsenSys Enterprise, will provide an overview of the evolution of the Internet and the Database and the future of their combination – the Blockchain. Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life ...
May. 27, 2016 07:45 AM EDT Reads: 1,929
As cloud and storage projections continue to rise, the number of organizations moving to the cloud is escalating and it is clear cloud storage is here to stay. However, is it secure? Data is the lifeblood for government entities, countries, cloud service providers and enterprises alike and losing or exposing that data can have disastrous results. There are new concepts for data storage on the horizon that will deliver secure solutions for storing and moving sensitive data around the world. ...
May. 27, 2016 07:00 AM EDT Reads: 1,280
SYS-CON Events announced today that MobiDev will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. MobiDev is a software company that develops and delivers turn-key mobile apps, websites, web services, and complex software systems for startups and enterprises. Since 2009 it has grown from a small group of passionate engineers and business managers to a full-scale mobile software company with over 200 develope...
May. 27, 2016 06:15 AM EDT Reads: 2,548
WebRTC is bringing significant change to the communications landscape that will bridge the worlds of web and telephony, making the Internet the new standard for communications. Cloud9 took the road less traveled and used WebRTC to create a downloadable enterprise-grade communications platform that is changing the communication dynamic in the financial sector. In his session at @ThingsExpo, Leo Papadopoulos, CTO of Cloud9, will discuss the importance of WebRTC and how it enables companies to fo...
May. 27, 2016 05:15 AM EDT Reads: 2,496
SYS-CON Events announced today that MangoApps will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. MangoApps provides modern company intranets and team collaboration software, allowing workers to stay connected and productive from anywhere in the world and from any device. For more information, please visit https://www.mangoapps.com/.
May. 27, 2016 05:00 AM EDT Reads: 736
SYS-CON Events announced today TechTarget has been named “Media Sponsor” of SYS-CON's 18th International Cloud Expo, which will take place on June 7–9, 2016, at the Javits Center in New York City, NY, and the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. TechTarget is the Web’s leading destination for serious technology buyers researching and making enterprise technology decisions. Its extensive global networ...
May. 27, 2016 04:45 AM EDT Reads: 3,143