Welcome!

Blog Feed Post

Market Adoption Propels Actian to Global Prominence in Big Data Software

  • Next-Generation Actian Analytics Platform™ Delivers Business Value for Leading Companies Worldwide
  • Actian Annual Revenue[1] Grows to $140 Million
  • Actian Ranks among Top Global Big Data Software Companies by Revenue

Redwood City, Calif. - January 27, 2014 - Actian Corporation ("Actian"), the big data software platform company, announced the launch of the next-generation, integrated Actian Analytics Platform™ and ends 2013 with revenues double those of the prior year. By relentlessly focusing on business outcomes for customers transforming data to value, Actian overcomes the known limitations of legacy and point solutions for big data that are costly, cumbersome and siloed. As a result, the company is enjoying significant revenue growth, continued profitability, customer traction and a growing pipeline.

"The first-phase big data projects were complex, expensive and lengthy to implement. As new capabilities like the Actian Analytics Platform have come to market, the opportunity for transformational business outcomes from big data projects is open to far more organisations without needing scarce skills, radically accelerating time to value," said Steve Shine, Actian CEO and President. "This heralds much broader adoption of big data - i.e. Big Data 2.0. We've been thrilled with the amount of innovation our customers have delivered on our platform."

Actian Announces Market Momentum Including:

Customer Success
- Rapid growth from new and deepened relationships with industry-leading customers including Evernote, Future Group, Opera Solutions, and Rally Software
- Large cross-sell and upsell opportunity across its global customer base to deliver tangible business benefit through data-driven business processes
- Increased vertical market penetration in financial services, digital media, retail, healthcare and SaaS
- Established global presence with strong international sales, support, services and partner footprint and more than 50 percent of revenues originating outside of the United States

Company Success
- $140 million in annual revenues
- 150 percent quarter-over-quarter Actian Analytics Platform pipeline growth
- Bolstered executive, sales and engineering bench strength with key hires
- Grew global Big Data Analytics sales headcount by more than 85 percent

Platform Launch
Launched the Actian Analytics Platform to enable accelerated business impact from high-performance analytics on varied data sources at a fraction of the cost of traditional solutions while addressing the need to run multiple and integrated high-performance, low-latency analytics applications on a single end-to-end platform including simplified and accelerated Hadoop performance and adoption

Accelerating Big Data 2.0™: Traditional Solutions Falling Short
According to Gartner's "Predicts 2014: Big Data," "Through 2017, 90% of the information assets from big data analytic efforts will be siloed and unleveragable across multiple business processes."[2] This results in the full utilisation of enterprise-wide data being confined to an elite set of deep-pocketed companies, leaving up to $15 trillion of potential opportunity from data untapped.[3]

"Our recent research report[4] reveals that although businesses want to harness big data, the hype, noise confusion and cost make it difficult to move forward in a thoughtful and responsible way," said M.R. Rangaswami, co-founder and managing director of Sand Hill Group. "The market is ripe for a practical, lightweight and scalable solution for driving business value from big data, and the Actian Analytics Platform delivers just that, making the value of big data accessible to a full range of organisations."

About the Actian Analytics Platform
Company leaders are delivering on a multi-year vision that businesses need an end-to-end completely modern platform to garner business value from their ever-expanding data assets. The Actian Analytics Platform has been adopted by innovators in multiple industries to deliver sustainable competitive advantage. The architecture of the platform focuses on today's big data needs to:

- Drive broad adoption and deliver faster time to value with rich, easy-to-use capabilities that are enterprise grade and deliver disruptive price-performance
- Complement existing infrastructures without requiring rip-and-replace
- Make it possible to deploy in the cloud, on-premises or hybrid environments
- Provide flexible licensing models to fit distinct business requirements

In addition, the company:
- Launched the Actian Analytics Database - Matrix 5.0 with adaptive workloads and up to 10x performance increase
- Improved enterprise Hadoop implementations by solving adoption challenges created by MapReduce skills shortages, design-time friction and run-time performance
- Responded to a growing base of cloud-focused customers by securing industry-leading SSAE 16 SOC 1 Type 1 security attestation for the Actian Analytics Platform

"Big Data 2.0 means that the technology needed to derive bottom-line improvements from data is easy to acquire, use and implement, and is broadly adopted across lines of business. It means that organizations of all sizes can use their data to change their businesses and lead their respective industries," said Shine. "We need to move to Big Data 2.0 as quickly as possible so that more organizations can unlock big data value that has traditionally been accessible only by a privileged few. Actian makes it easy for organizations to realize benefits of big data with rapid time to value. In short, Actian is delivering 'Big Data for the Rest of Us'™."

[1] Pro forma revenues include revenue from acquired companies dating to January 1, 2013.
[2] Gartner Predicts 2014: Big Data; Nick Heudecker, Mark A. Beyer, Douglas Laney, Michele Cantara, Andrew White, Roxane Edjlali, Andrew Lerner, Angela McIntyre; November 20, 2013.
[3] "Industrial Internet: Pushing the Boundaries of Minds and Machines," Peter C. Evans and Marco Anunziato, GE, November 2012, http://files.gereports.com/wp-content/uploads/2012/11/ge-industrial-internet-vision-paper.pdf
[4] "Mindset over Data Set: A Big Data Prescription for Setting the Market Pace," Sand Hill Group, January 2014,
http://sandhill.com/reports/mindset-over-data-set-a-big-data-prescription-for-setting-the-market-pace-enterprise-edition/

About Actian: Accelerating Big Data 2.0™
Actian transforms big data into business value for any organization - not just the privileged few. Actian provides transformational business value by delivering actionable insights into new sources of revenue, business opportunities, and ways of mitigating risk with high-performance in-database analytics complemented with extensive connectivity and data preparation. The 21st century software architecture of the Actian Analytics Platform delivers extreme performance on off-the-shelf hardware, overcoming key technical and economic barriers to broad adoption of big data. Actian also makes Hadoop enterprise-grade by providing high-performance ELT, visual design and SQL analytics on Hadoop without the need for MapReduce skills. Among tens of thousands of organizations using Actian are innovators using analytics for competitive advantage in industries like financial services, telecommunications, digital media, healthcare and retail. The company is headquartered in Silicon Valley and has offices worldwide. Stay connected with Actian Corporation at www.actian.com or on Facebook, Twitter and LinkedIn.

Actian, Actian Analytics Platform, Accelerating Big Data 2.0, and Big Data for the Rest of Us are trademarks of Actian Corporation and its subsidiaries. All other trademarks, trade names, service marks, and logos referenced herein belong to their respective companies.

# # #

Contact:
James Ward
Axicom for Actian
t: +44 (0)20 8392 8076
[email protected]

Source: RealWire

Read the original blog entry...

More Stories By RealWire News Distribution

RealWire is a global news release distribution service specialising in the online media. The RealWire approach focuses on delivering relevant content to the receivers of our client's news releases. As we know that it is only through delivering relevance, that influence can ever be achieved.

Latest Stories
22nd International Cloud Expo, taking place June 5-7, 2018, at the Javits Center in New York City, NY, and co-located with the 1st DXWorld Expo will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud ...
@DevOpsSummit at Cloud Expo, taking place November 12-13 in New York City, NY, is co-located with 22nd international CloudEXPO | first international DXWorldEXPO and will feature technical sessions from a rock star conference faculty and the leading industry players in the world.
Without lifecycle traceability and visibility across the tool chain, stakeholders from Planning-to-Ops have limited insight and answers to who, what, when, why and how across the DevOps lifecycle. This impacts the ability to deliver high quality software at the needed velocity to drive positive business outcomes. In his general session at @DevOpsSummit at 19th Cloud Expo, Eric Robertson, General Manager at CollabNet, will discuss how customers are able to achieve a level of transparency that e...
"DivvyCloud as a company set out to help customers automate solutions to the most common cloud problems," noted Jeremy Snyder, VP of Business Development at DivvyCloud, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
More and more brands have jumped on the IoT bandwagon. We have an excess of wearables – activity trackers, smartwatches, smart glasses and sneakers, and more that track seemingly endless datapoints. However, most consumers have no idea what “IoT” means. Creating more wearables that track data shouldn't be the aim of brands; delivering meaningful, tangible relevance to their users should be. We're in a period in which the IoT pendulum is still swinging. Initially, it swung toward "smart for smart...
"We were founded in 2003 and the way we were founded was about good backup and good disaster recovery for our clients, and for the last 20 years we've been pretty consistent with that," noted Marc Malafronte, Territory Manager at StorageCraft, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
As data explodes in quantity, importance and from new sources, the need for managing and protecting data residing across physical, virtual, and cloud environments grow with it. Managing data includes protecting it, indexing and classifying it for true, long-term management, compliance and E-Discovery. Commvault can ensure this with a single pane of glass solution – whether in a private cloud, a Service Provider delivered public cloud or a hybrid cloud environment – across the heterogeneous enter...
We all know that end users experience the internet primarily with mobile devices. From an app development perspective, we know that successfully responding to the needs of mobile customers depends on rapid DevOps – failing fast, in short, until the right solution evolves in your customers' relationship to your business. Whether you’re decomposing an SOA monolith, or developing a new application cloud natively, it’s not a question of using microservices - not doing so will be a path to eventual ...
We all know that end users experience the internet primarily with mobile devices. From an app development perspective, we know that successfully responding to the needs of mobile customers depends on rapid DevOps – failing fast, in short, until the right solution evolves in your customers' relationship to your business. Whether you’re decomposing an SOA monolith, or developing a new application cloud natively, it’s not a question of using microservices - not doing so will be a path to eventual ...
DXWorldEXPO LLC announced today that ICC-USA, a computer systems integrator and server manufacturing company focused on developing products and product appliances, will exhibit at the 22nd International CloudEXPO | DXWorldEXPO. DXWordEXPO New York 2018, colocated with CloudEXPO New York 2018 will be held November 11-13, 2018, in New York City. ICC is a computer systems integrator and server manufacturing company focused on developing products and product appliances to meet a wide range of ...
Michael Maximilien, better known as max or Dr. Max, is a computer scientist with IBM. At IBM Research Triangle Park, he was a principal engineer for the worldwide industry point-of-sale standard: JavaPOS. At IBM Research, some highlights include pioneering research on semantic Web services, mashups, and cloud computing, and platform-as-a-service. He joined the IBM Cloud Labs in 2014 and works closely with Pivotal Inc., to help make the Cloud Found the best PaaS.
We all know that end users experience the Internet primarily with mobile devices. From an app development perspective, we know that successfully responding to the needs of mobile customers depends on rapid DevOps – failing fast, in short, until the right solution evolves in your customers' relationship to your business. Whether you’re decomposing an SOA monolith, or developing a new application cloud natively, it’s not a question of using microservices – not doing so will be a path to eventual b...
Sanjeev Sharma Joins November 11-13, 2018 @DevOpsSummit at @CloudEXPO New York Faculty. Sanjeev Sharma is an internationally known DevOps and Cloud Transformation thought leader, technology executive, and author. Sanjeev's industry experience includes tenures as CTO, Technical Sales leader, and Cloud Architect leader. As an IBM Distinguished Engineer, Sanjeev is recognized at the highest levels of IBM's core of technical leaders.
Headquartered in Plainsboro, NJ, Synametrics Technologies has provided IT professionals and computer systems developers since 1997. Based on the success of their initial product offerings (WinSQL and DeltaCopy), the company continues to create and hone innovative products that help its customers get more from their computer applications, databases and infrastructure. To date, over one million users around the world have chosen Synametrics solutions to help power their accelerated business or per...
Dion Hinchcliffe is an internationally recognized digital expert, bestselling book author, frequent keynote speaker, analyst, futurist, and transformation expert based in Washington, DC. He is currently Chief Strategy Officer at the industry-leading digital strategy and online community solutions firm, 7Summits.