Terracotta Doubles Business in 2011
February 02 2012 - 1:30PM
Business Wire
Terracotta, Inc.
News
- Terracotta Inc. today announced record
revenue for 2011. The company more than doubled annual revenue.
Fourth quarter revenue tripled year over year.
Market Context
- Increased demand for Big Data in
memory. Terracotta’s record revenue was fueled by growing
demand for BigMemory, the company’s in-memory data management
solution. Exploding data volumes and plunging RAM prices are
pushing companies to keep more high-value business data in memory,
where access speeds are near real-time.
- Widespread enterprise adoption.
In 2011, market leaders in a variety of verticals turned to
BigMemory to accelerate data-intensive applications and analysis.
Customers deployed BigMemory in demanding, industry-critical use
cases, including:
- Financial services - Fraud detection,
risk management, credit card authorizations
- Internet - Highly available web
services, scalable online gaming, e-commerce
- Telecommunications - Billing, customer
provisioning, online subscriber services
- Government - Mission-critical
applications, high-velocity data processing
- Entertainment and Media – Streaming TV,
dynamic content serving
- Huge user base. Terracotta’s
Ehcache is the de facto in-memory data store for enterprise Java
and the interface for snapping BigMemory into applications. Ehcache
users run more than two million enterprise applications worldwide
and a growing number are upgrading to BigMemory to store more
application data in memory.
Analyst Perspective
- Current technology trends point to
increasing demand for in-memory data management solutions. Leading
analyst firm Gartner named Big Data and in-memory computing among
the top 10 strategic technologies for 2012. According to Gartner*,
“as cost and availability of memory intensive hardware platforms
reach tipping points in 2012 and 2013, the in-memory approach will
enter the mainstream.”
Supporting Quote
- “2011 was a breakthrough year for
Terracotta. We became the go-to solution for Big Data in memory,
landed new customers in key verticals, completed an acquisition by
Software AG, and capped the year with record revenues,” said Ari
Zilka, Terracotta founder and chief technology officer. “Looking
ahead, what’s truly exciting are the unprecedented opportunities to
transform business with in-memory data. Terracotta and Software AG
are uniquely positioned to take in-memory data management to that
next level.”
Supporting Resources
TerracottaBigMemoryEnterprise EhcacheEhcache CommunitySoftware
AG
*Gartner Press Release, Gartner Identifies the Top 10 Strategic
Technologies for 2012, October 18, 2011.
http://www.gartner.com/it/page.jsp?id=1826214
About Terracotta, Inc.
Terracotta, a wholly-owned subsidiary of Software AG (Frankfurt
TecDAX: SOW), is a recognized leader in in-memory data management
solutions for the enterprise. The company’s flagship product,
BigMemory™, manages terabytes of data in memory to improve
application performance at any scale. Terracotta is also the lead
developer of Ehcache, the de facto in-memory data store for
enterprise Java. With millions of deployments, including in the
majority of the Global 2000, Terracotta is behind some of the most
widely used software for application performance and scalability.
For more information, please visit www.terracotta.org.
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