GridGain Continues Its Strong Momentum in 2020
FOSTER CITY, Calif., Jan. 21, 2021 (GLOBE NEWSWIRE) -- GridGain® Systems, provider of enterprise-grade in-memory computing solutions based on Apache® Ignite®, today announced continued strong growth for the 2020 calendar year across all phases of the company. Key achievements included the 7th consecutive year of revenue growth, net-new business growth of 53% with just 6% churn, a 63% increase in the number of transactions over $250,000 compared to 2019, and more than 500% sales growth in Apache Ignite support subscriptions. GridGain also launched key product and service innovations, received multiple industry honors, and hosted the In-Memory Computing Summit 2020 virtual worldwide conference – with record attendance – as well as other virtual events.
“The extraordinary events of 2020 accelerated digital transformation projects in most companies, especially those in e-commerce and retail, financial services, fintech, healthcare, telecommunications and transportation,” said Abe Kleinfeld, president and CEO of GridGain. “I’m proud of our team’s continued drive to innovate our in-memory computing solutions, respond to the growing needs of our customers, and lead the industry in building a high performance, massively scalable platform that enables digital transformation projects. I’m optimistic about continuing our momentum in 2021 and expect demand for in-memory computing solutions to continue to spread across the economy.”
Products, Services and Partnerships
In-Memory Computing Thought Leadership
In addition to the virtual Summit, GridGain increased its efforts to provide zero-contact, in-memory computing thought leadership and education, hosting or participating in nearly 100 webinar, meetup and conference talks, which were attended online by thousands of application developers, architects and business decision makers.
About GridGain Systems
GridGain delivers unprecedented speed, massive scalability, and real-time data access for both legacy and greenfield applications. Deployed on a distributed cluster of commodity servers, GridGain software can reside between the application and data layers (RDBMS, NoSQL and Apache® Hadoop®), requiring no rip-and-replace of the existing databases, or it can be deployed as a distributed database for high performance computing with in-memory speed. For more information, visit gridgain.com.
GridGain is a trademark or registered trademark of GridGain Systems, Inc. Apache, Apache Ignite, and Ignite are trademarks of The Apache Software Foundation. All other product and company names herein may be trademarks of their registered owners.
ITEXPO Workshop - Details TBA
Top Security Threats to Your Corporate Assets