|By RealWire News Distribution||
|January 28, 2014 01:06 AM EST||
- Next-Generation Actian Analytics Platform™ Delivers Business Value for Leading Companies Worldwide
- Actian Annual Revenue 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:
- 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
- $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
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." 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.
"Our recent research report 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'™."
 Pro forma revenues include revenue from acquired companies dating to January 1, 2013.
 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.
 "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
 "Mindset over Data Set: A Big Data Prescription for Setting the Market Pace," Sand Hill Group, January 2014,
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.
# # #
Axicom for Actian
t: +44 (0)20 8392 8076
Manufacturers are embracing the Industrial Internet the same way consumers are leveraging Fitbits – to improve overall health and wellness. Both can provide consistent measurement, visibility, and suggest performance improvements customized to help reach goals. Fitbit users can view real-time data and make adjustments to increase their activity. In his session at @ThingsExpo, Mark Bernardo Professional Services Leader, Americas, at GE Digital, discussed how leveraging the Industrial Internet a...
Jul. 27, 2016 09:45 AM EDT Reads: 400
"We formed Formation several years ago to really address the need for bring complete modernization and software-defined storage to the more classic private cloud marketplace," stated Mark Lewis, Chairman and CEO of Formation Data Systems, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Jul. 27, 2016 09:30 AM EDT Reads: 1,613
Security, data privacy, reliability and regulatory compliance are critical factors when evaluating whether to move business applications from in-house client hosted environments to a cloud platform. In her session at 18th Cloud Expo, Vandana Viswanathan, Associate Director at Cognizant, In this session, will provide an orientation to the five stages required to implement a cloud hosted solution validation strategy.
Jul. 27, 2016 09:30 AM EDT Reads: 1,007
The cloud market growth today is largely in public clouds. While there is a lot of spend in IT departments in virtualization, these aren’t yet translating into a true “cloud” experience within the enterprise. What is stopping the growth of the “private cloud” market? In his general session at 18th Cloud Expo, Nara Rajagopalan, CEO of Accelerite, explored the challenges in deploying, managing, and getting adoption for a private cloud within an enterprise. What are the key differences between wh...
Jul. 27, 2016 09:30 AM EDT Reads: 2,053
Deploying applications in hybrid cloud environments is hard work. Your team spends most of the time maintaining your infrastructure, configuring dev/test and production environments, and deploying applications across environments – which can be both time consuming and error prone. But what if you could automate provisioning and deployment to deliver error free environments faster? What could you do with your free time?
Jul. 27, 2016 09:17 AM EDT
SYS-CON Events announced today that Venafi, the Immune System for the Internet™ and the leading provider of Next Generation Trust Protection, will exhibit at @DevOpsSummit at 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Venafi is the Immune System for the Internet™ that protects the foundation of all cybersecurity – cryptographic keys and digital certificates – so they can’t be misused by bad guys in attacks...
Jul. 27, 2016 09:15 AM EDT Reads: 1,346
The best-practices for building IoT applications with Go Code that attendees can use to build their own IoT applications. In his session at @ThingsExpo, Indraneel Mitra, Senior Solutions Architect & Technology Evangelist at Cognizant, provided valuable information and resources for both novice and experienced developers on how to get started with IoT and Golang in a day. He also provided information on how to use Intel Arduino Kit, Go Robotics API and AWS IoT stack to build an application tha...
Jul. 27, 2016 09:15 AM EDT Reads: 1,110
UpGuard has become a member of the Center for Internet Security (CIS), and will continue to help businesses expand visibility into their cyber risk by providing hardening benchmarks to all customers. By incorporating these benchmarks, UpGuard's CSTAR solution builds on its lead in providing the most complete assessment of both internal and external cyber risk. CIS benchmarks are a widely accepted set of hardening guidelines that have been publicly available for years. Numerous solutions exist t...
Jul. 27, 2016 09:00 AM EDT Reads: 597
Amazon has gradually rolled out parts of its IoT offerings in the last year, but these are just the tip of the iceberg. In addition to optimizing their back-end AWS offerings, Amazon is laying the ground work to be a major force in IoT – especially in the connected home and office. Amazon is extending its reach by building on its dominant Cloud IoT platform, its Dash Button strategy, recently announced Replenishment Services, the Echo/Alexa voice recognition control platform, the 6-7 strategic...
Jul. 27, 2016 09:00 AM EDT Reads: 428
For basic one-to-one voice or video calling solutions, WebRTC has proven to be a very powerful technology. Although WebRTC’s core functionality is to provide secure, real-time p2p media streaming, leveraging native platform features and server-side components brings up new communication capabilities for web and native mobile applications, allowing for advanced multi-user use cases such as video broadcasting, conferencing, and media recording.
Jul. 27, 2016 08:45 AM EDT Reads: 906
IoT generates lots of temporal data. But how do you unlock its value? You need to discover patterns that are repeatable in vast quantities of data, understand their meaning, and implement scalable monitoring across multiple data streams in order to monetize the discoveries and insights. Motif discovery and deep learning platforms are emerging to visualize sensor data, to search for patterns and to build application that can monitor real time streams efficiently. In his session at @ThingsExpo, ...
Jul. 27, 2016 08:45 AM EDT Reads: 1,049
Verizon Communications Inc. (NYSE, Nasdaq: VZ) and Yahoo! Inc. (Nasdaq: YHOO) have entered into a definitive agreement under which Verizon will acquire Yahoo's operating business for approximately $4.83 billion in cash, subject to customary closing adjustments. Yahoo informs, connects and entertains a global audience of more than 1 billion monthly active users** -- including 600 million monthly active mobile users*** through its search, communications and digital content products. Yahoo also co...
Jul. 27, 2016 08:00 AM EDT Reads: 587
"Avere Systems is a hybrid cloud solution provider. We have customers that want to use cloud storage and we have customers that want to take advantage of cloud compute," explained Rebecca Thompson, VP of Marketing at Avere Systems, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Jul. 27, 2016 08:00 AM EDT Reads: 2,082
Choosing the right cloud for your workloads is a balancing act that can cost your organization time, money and aggravation - unless you get it right the first time. Economics, speed, performance, accessibility, administrative needs and security all play a vital role in dictating your approach to the cloud. Without knowing the right questions to ask, you could wind up paying for capacity you'll never need or underestimating the resources required to run your applications.
Jul. 27, 2016 08:00 AM EDT Reads: 479
"We view the cloud not really as a specific technology but as a way of doing business and that way of doing business is transforming the way software, infrastructure and services are being delivered to business," explained Matthew Rosen, CEO and Director at Fusion, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Jul. 27, 2016 07:45 AM EDT Reads: 1,571