Terracotta Doubles Business in 2011
Demand for BigMemory Propels Rapid Growth and Record Revenue
San Francisco, USA, February 2, 2012
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
*Gartner Press Release, Gartner Identifies the Top 10 Strategic Technologies for 2012, October 18, 2011.
About Terracotta, Inc.
Terracotta, a wholly-owned subsidiary of Software AG (Frankfurt TecDAX: SOW), develops breakthrough software that delivers snap-in performance, scale and availability
for enterprise applications. A recognized innovator of in-memory technologies, Terracotta's products include BigMemory, which bypasses Java garbage collection to enable
in-memory stores of over 1 terabyte; Ehcache, the de facto standard for enterprise Java and default caching solution for many popular applications, containers and
frameworks; and Quartz, a leading job scheduler. With more than 500,000 deployments, including the majority of the Fortune 2000, Terracotta is behind some of the most
widely-used software for application scalability, availability and performance. For more information, please visit www.terracotta.org.
For media inquiries, contact:
Merrill Freund
Schwartz MSL
(415) 817-2525
MFreund@schwartzmsl.com
Samantha Sok
Schwartz MSL
(415) 817-2549
SSok@schwartzmsl.com
