FOSTER CITY, Calif., Nov. 18, 2019 (GLOBE NEWSWIRE) — GridGain Systems, provider of enterprise-grade in-memory computing solutions based on Apache® Ignite™, today announced it ranked number 147 on the Deloitte 2019 Technology Fast 500™, a list of the 500 fastest growing technology, media, telecommunications, life sciences and energy tech companies in North America. GridGain, which grew 797 percent over the past four years, was ranked 25th among San Francisco Bay Area companies.
“In-memory computing technologies have become the foundation for modern, high performance, data-driven IT infrastructure. This award recognizes GridGain’s continued leadership in innovation, execution and customer experience,” said Abe Kleinfeld, President and CEO of GridGain Systems. “We’re honored to be recognized by Deloitte and look forward to continued success by helping customers achieve successful digital transformations through the use of our market-leading software and services.”
“This year marks the 25th anniversary of Deloitte’s Technology Fast 500, so we are especially pleased to announce and congratulate the 2019 winners,” said +Sandra Shirai, Vice Chairman, Deloitte LLP, and U.S. technology, media and telecommunications leader. “Once again, we saw innovation across the board, with software companies continuing their dominance of the top ten. It’s always inspiring to see how the Fast 500 companies are transforming business and the world we live and work in.”
“As technology innovation trends towards ‘everything as a service,’ it’s no surprise that software companies dominate the winners list yet again this year,” said Mohana Dissanayake, Partner, Deloitte & Touche LLP, and industry leader for technology, media and telecommunications, within Deloitte’s audit and assurance practice. “What’s exciting about celebrating 25 years of the Tech Fast 500 is we now have a quarter century of innovation stories to draw and reflect upon. These are the companies that push boundaries, help organizations become more efficient and productive, and ultimately enable businesses to drive growth and revenue. We congratulate all the well-deserving winners.”
The GridGain In-Memory Computing Platform
The GridGain In-Memory Computing Platform provides in-memory speed and massive scalability for data-intensive applications and data hub use cases. It requires no rip-and-replace of existing databases and can be deployed on-premises, on a public or private cloud, or on a hybrid environment. The GridGain in-memory computing platform is based on the open source Apache Ignite project and offers up to a 1,000x improvement in performance versus approaches based on disk-based databases. Built on a memory-centric architecture that can leverage ongoing advancements in memory and storage technologies, the solution allows companies to future-proof their applications. GridGain can function as an in-memory data grid or as an in-memory SQL database. GridGain supports data processing APIs including ANSI-99 SQL, key-value, compute, machine learning and more and supports ACID transactions, all at in-memory speeds.
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