More New Customers for GridGain in 1H18 Than in 2017

GridGain Systems, Inc., provider of enterprise-grade in-memory computing solutions based on Apache Ignite, announced continuing momentum for the first half of 2018.

Key achievements during the first half of the year included more new customer wins in the first half of 2018 than in all of 2017, launching major new products including GridGain Professional Edition 2.4 and GridGain Cloud, winning several industry accolades, and driving continued growth of the popular In-Memory Computing Summit in Europe.

Growth
New customer acquisition surged during the first half of 2018 with the company acquiring 40% more new customers than were signed in all of 2017. New customers acquired in 2018 include companies in financial services, transportation, telecommunications, retail, healthcare, government, adtech and more.

The company continued its worldwide expansion, opening a sales office in China and doubling its sales team in Europe.

Product Innovation
The firm unveiled GridGain Professional Edition 2.4, a product update that introduced a new Continuous Learning Framework to the company’s in-memory computing platform. The Continuous Learning Framework includes machine learning and a multilayer perceptron (MLP) neural network that enable companies to run machine and deep learning algorithms against their petabyte-scale operational datasets in real-time. The firm also enhanced its native Apache Spark integration to include storage and management of Spark DataFrames.

GridGain announced the beta release of GridGain Cloud. It is an in-memory cache-as-a-service that allows users to rapidly deploy a distributed in-memory cache and access it using ANSI-99 SQL, key-value or REST APIs. The result is in-memory computing performance in the cloud, which can be deployed in minutes and massively scaled out.

Free trial of GridGain Cloud beta

Company’s awards

received Bronze Stevie Awards in the categories company of the Year – Computer Software – Medium and New Product or Service of the Year – Software – Other for the GridGain In-Memory Computing Platform.
was named to The Silicon Review – 50 Most Valuable Brands of the Year 2018.
was included on The insideBIGDATA IMPACT 50 List for Q2 2018.
Database Trends & Applications (DBTA) included GridGain in its annual DBTA 100 list of the Companies That Matter Most in Data.

GridGain founded and produces in-memory computing conferences. The second annual In-Memory Computing Summit Europe took place June 25-26, 2018 at the Park Plaza Victoria London, UK. More than 300 registrants from 22 countries heard speakers from ING, FSB Technology, 451 Research, CG Consultancy, ScaleOut Software, the Storage Networking Industry Association, GridGain and more.

The fourth annual In-Memory Computing Summit North America will take place October 2-3, 2018 at the Hyatt Regency San Francisco Airport, CA.

“GridGain is rapidly emerging as a leading software platform for enabling the digital enterprise,” said Abe Kleinfeld, president and CEO, GridGain. “GridGain is also embedded in a growing number of widely-adopted enterprise applications from major software vendors. Combined, GridGain is in use by nearly half of the Fortune 500.”

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In first half of 2017 compared to 2016
2017.07.19 | Press Release