GridGain Continues Strong Momentum in First Half of 2021
FOSTER CITY, Calif., July 22, 2021 (GLOBE NEWSWIRE) -- GridGain® Systems, provider of enterprise-grade in-memory computing solutions powered by the Apache® Ignite® distributed database, today announced continued strong growth for the first half of 2021 across all phases of the company. Key achievements included the 8th consecutive year of revenue growth, 68% growth in sales to new customers, more than 100% growth in new customers for software solutions, and 146% growth in sales to existing customers. GridGain software, and products built with GridGain, are now in use in 90 of the world’s top 100 banks. GridGain also earned multiple accolades and hosted the first worldwide Ignite Summit.
“Companies that best weathered the pandemic did so by accelerating their digital transformation plans, creating increasing demand for GridGain’s market-leading in-memory computing software platform,” said Abe Kleinfeld, president and CEO of GridGain. “We’re seeing growing momentum across most sectors, particularly in financial services, software, retail, and logistics and transportation, where the need for faster processing speed and massive scale is nearly insatiable.”
Products, Services and Partnerships
In-Memory Computing Thought Leadership
In addition to the Ignite Summit, GridGain increased its zero-contact, in-memory computing thought leadership and education program, hosting or participating in more than 40 webinars, meetups, training sessions and conferences.
To learn more about the GridGain in-memory computing platform:
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.
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