Welcome!

Java IoT Authors: Yeshim Deniz, Elizabeth White, Pat Romanski, Liz McMillan, Chris Schwarz

News Feed Item

Terracotta Achieves Record Results, Invests in Top Talent, Expands Customer Base and Furthers Product Innovation in 2012

BigMemory Sets the Stage for Strong Growth Heading Into 2013

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.

(Logo:  http://photos.prnewswire.com/prnh/20120724/LA43584LOGO )

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."

Product Innovation
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.

Senior Leadership
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."

Supporting Resources
Terracotta
BigMemory
Data Week Top Innovator Award for BigMemory
Software AG

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.

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

@ThingsExpo Stories
SYS-CON Events announced today that Calligo, an innovative cloud service provider offering mid-sized companies the highest levels of data privacy and security, has been named "Bronze Sponsor" of SYS-CON's 21st International Cloud Expo ®, which will take place on Oct 31 - Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Calligo offers unparalleled application performance guarantees, commercial flexibility and a personalised support service from its globally located cloud plat...
"We are focused on SAP running in the clouds, to make this super easy because we believe in the tremendous value of those powerful worlds - SAP and the cloud," explained Frank Stienhans, CTO of Ocean9, Inc., in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
Internet of @ThingsExpo, taking place October 31 - November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 21st Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The Internet of Things (IoT) is the most profound change in personal and enterprise IT since the creation of the Worldwide Web more than 20 years ago. All major researchers estimate there will be tens of billions devic...
"The Striim platform is a full end-to-end streaming integration and analytics platform that is middleware that covers a lot of different use cases," explained Steve Wilkes, Founder and CTO at Striim, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
"We provide IoT solutions. We provide the most compatible solutions for many applications. Our solutions are industry agnostic and also protocol agnostic," explained Richard Han, Head of Sales and Marketing and Engineering at Systena America, in this SYS-CON.tv interview at @ThingsExpo, held June 6-8, 2017, at the Javits Center in New York City, NY.
SYS-CON Events announced today that DXWorldExpo has been named “Global Sponsor” of SYS-CON's 21st International Cloud Expo, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Digital Transformation is the key issue driving the global enterprise IT business. Digital Transformation is most prominent among Global 2000 enterprises and government institutions.
SYS-CON Events announced today that Datera, that offers a radically new data management architecture, has been named "Exhibitor" of SYS-CON's 21st International Cloud Expo ®, which will take place on Oct 31 - Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Datera is transforming the traditional datacenter model through modern cloud simplicity. The technology industry is at another major inflection point. The rise of mobile, the Internet of Things, data storage and Big...
"We've been engaging with a lot of customers including Panasonic, we've been involved with Cisco and now we're working with the U.S. government - the Department of Homeland Security," explained Peter Jung, Chief Product Officer at Pulzze Systems, in this SYS-CON.tv interview at @ThingsExpo, held June 6-8, 2017, at the Javits Center in New York City, NY.
DX World EXPO, LLC., a Lighthouse Point, Florida-based startup trade show producer and the creator of "DXWorldEXPO® - Digital Transformation Conference & Expo" has announced its executive management team. The team is headed by Levent Selamoglu, who has been named CEO. "Now is the time for a truly global DX event, to bring together the leading minds from the technology world in a conversation about Digital Transformation," he said in making the announcement.
"MobiDev is a Ukraine-based software development company. We do mobile development, and we're specialists in that. But we do full stack software development for entrepreneurs, for emerging companies, and for enterprise ventures," explained Alan Winters, U.S. Head of Business Development at MobiDev, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
While the focus and objectives of IoT initiatives are many and diverse, they all share a few common attributes, and one of those is the network. Commonly, that network includes the Internet, over which there isn't any real control for performance and availability. Or is there? The current state of the art for Big Data analytics, as applied to network telemetry, offers new opportunities for improving and assuring operational integrity. In his session at @ThingsExpo, Jim Frey, Vice President of S...
SYS-CON Events announced today that DXWorldExpo has been named “Global Sponsor” of SYS-CON's 21st International Cloud Expo, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Digital Transformation is the key issue driving the global enterprise IT business. Digital Transformation is most prominent among Global 2000 enterprises and government institutions.
In his opening keynote at 20th Cloud Expo, Michael Maximilien, Research Scientist, Architect, and Engineer at IBM, discussed the full potential of the cloud and social data requires artificial intelligence. By mixing Cloud Foundry and the rich set of Watson services, IBM's Bluemix is the best cloud operating system for enterprises today, providing rapid development and deployment of applications that can take advantage of the rich catalog of Watson services to help drive insights from the vast t...
SYS-CON Events announced today that EnterpriseTech has been named “Media Sponsor” of SYS-CON's 21st International Cloud Expo, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. EnterpriseTech is a professional resource for news and intelligence covering the migration of high-end technologies into the enterprise and business-IT industry, with a special focus on high-tech solutions in new product development, workload management, increased effic...
SYS-CON Events announced today that Massive Networks, that helps your business operate seamlessly with fast, reliable, and secure internet and network solutions, has been named "Exhibitor" of SYS-CON's 21st International Cloud Expo ®, which will take place on Oct 31 - Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. As a premier telecommunications provider, Massive Networks is headquartered out of Louisville, Colorado. With years of experience under their belt, their team of...
SYS-CON Events announced today that Cloud Academy named "Bronze Sponsor" of 21st International Cloud Expo which will take place October 31 - November 2, 2017 at the Santa Clara Convention Center in Santa Clara, CA. Cloud Academy is the industry’s most innovative, vendor-neutral cloud technology training platform. Cloud Academy provides continuous learning solutions for individuals and enterprise teams for Amazon Web Services, Microsoft Azure, Google Cloud Platform, and the most popular cloud com...
SYS-CON Events announced today that Cloudistics, an on-premises cloud computing company, has been named “Bronze Sponsor” of SYS-CON's 21st International Cloud Expo, which will take place on Oct 31 - Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Cloudistics delivers a complete public cloud experience with composable on-premises infrastructures to medium and large enterprises. Its software-defined technology natively converges network, storage, compute, virtualization, and ...
SYS-CON Events announced today that CHEETAH Training & Innovation will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct. 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. CHEETAH Training & Innovation is a cloud consulting and IT training firm specializing in improving clients cloud strategies and infrastructures for medium to large companies.
SYS-CON Events announced today that Datanami has been named “Media Sponsor” of SYS-CON's 21st International Cloud Expo, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Datanami is a communication channel dedicated to providing insight, analysis and up-to-the-minute information about emerging trends and solutions in Big Data. The publication sheds light on all cutting-edge technologies including networking, storage and applications, and thei...
The current age of digital transformation means that IT organizations must adapt their toolset to cover all digital experiences, beyond just the end users’. Today’s businesses can no longer focus solely on the digital interactions they manage with employees or customers; they must now contend with non-traditional factors. Whether it's the power of brand to make or break a company, the need to monitor across all locations 24/7, or the ability to proactively resolve issues, companies must adapt to...