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
Translating agile methodology into real-world best practices within the modern software factory has driven widespread DevOps adoption, yet much work remains to expand workflows and tooling across the enterprise. As models evolve from pockets of experimentation into wholescale organizational reinvention, practitioners find themselves challenged to incorporate the culture and architecture necessary to support DevOps at scale. In his session at @DevOpsSummit at 20th Cloud Expo, Anand Akela, Senior...
SYS-CON Events announced today that Super Micro Computer, Inc., a global leader in compute, storage and networking technologies, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Supermicro (NASDAQ: SMCI), the leading innovator in high-performance, high-efficiency server technology, is a premier provider of advanced server Building Block Solutions® for Data Center, Cloud Computing, Enterprise IT, Hadoop/...
In his keynote at @ThingsExpo, Chris Matthieu, Director of IoT Engineering at Citrix and co-founder and CTO of Octoblu, focused on building an IoT platform and company. He provided a behind-the-scenes look at Octoblu’s platform, business, and pivots along the way (including the Citrix acquisition of Octoblu).
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...
Bert Loomis was a visionary. This general session will highlight how Bert Loomis and people like him inspire us to build great things with small inventions. In their general session at 19th Cloud Expo, Harold Hannon, Architect at IBM Bluemix, and Michael O'Neill, Strategic Business Development at Nvidia, discussed the accelerating pace of AI development and how IBM Cloud and NVIDIA are partnering to bring AI capabilities to "every day," on-demand. They also reviewed two "free infrastructure" pr...
Judith Hurwitz is president and CEO of Hurwitz & Associates, a Needham, Mass., research and consulting firm focused on emerging technology, including big data, cognitive computing and governance. She is co-author of the book Cognitive Computing and Big Data Analytics, published in 2015. Her Cloud Expo session, "What Is the Business Imperative for Cognitive Computing?" is scheduled for Wednesday, June 8, at 8:40 a.m. In it, she puts cognitive computing into perspective with its value to the busin...
SYS-CON Events announced today that Hitachi, the leading provider the Internet of Things and Digital Transformation, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Hitachi Data Systems, a wholly owned subsidiary of Hitachi, Ltd., offers an integrated portfolio of services and solutions that enable digital transformation through enhanced data management, governance, mobility and analytics. We help globa...
Blockchain is a shared, secure record of exchange that establishes trust, accountability and transparency across supply chain networks. Supported by the Linux Foundation's open source, open-standards based Hyperledger Project, Blockchain has the potential to improve regulatory compliance, reduce cost and time for product recall as well as advance trade. Are you curious about Blockchain and how it can provide you with new opportunities for innovation and growth? In her session at 20th Cloud Exp...
Cognitive Computing is becoming the foundation for a new generation of solutions that have the potential to transform business. Unlike traditional approaches to building solutions, a cognitive computing approach allows the data to help determine the way applications are designed. This contrasts with conventional software development that begins with defining logic based on the current way a business operates. In her session at 18th Cloud Expo, Judith S. Hurwitz, President and CEO of Hurwitz & ...
The explosion of new web/cloud/IoT-based applications and the data they generate are transforming our world right before our eyes. In this rush to adopt these new technologies, organizations are often ignoring fundamental questions concerning who owns the data and failing to ask for permission to conduct invasive surveillance of their customers. Organizations that are not transparent about how their systems gather data telemetry without offering shared data ownership risk product rejection, regu...
Everyone wants to use containers, but monitoring containers is hard. New ephemeral architecture introduces new challenges in how monitoring tools need to monitor and visualize containers, so your team can make sense of everything. In his session at @DevOpsSummit, David Gildeh, co-founder and CEO of Outlyer, will go through the challenges and show there is light at the end of the tunnel if you use the right tools and understand what you need to be monitoring to successfully use containers in your...
Financial Technology has become a topic of intense interest throughout the cloud developer and enterprise IT communities. Accordingly, attendees at the upcoming 20th Cloud Expo at the Javits Center in New York, June 6-8, 2017, will find fresh new content in a new track called FinTech.
SYS-CON Events announced today that Interoute, owner-operator of one of Europe's largest networks and a global cloud services platform, has been named “Bronze Sponsor” of SYS-CON's 20th Cloud Expo, which will take place on June 6-8, 2017 at the Javits Center in New York, New York. Interoute is the owner-operator of one of Europe's largest networks and a global cloud services platform which encompasses 12 data centers, 14 virtual data centers and 31 colocation centers, with connections to 195 add...
@DevOpsSummit at Cloud taking place June 6-8, 2017, at Javits Center, New York City, is co-located with the 20th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long developm...
In recent years, containers have taken the world by storm. Companies of all sizes and industries have realized the massive benefits of containers, such as unprecedented mobility, higher hardware utilization, and increased flexibility and agility; however, many containers today are non-persistent. Containers without persistence miss out on many benefits, and in many cases simply pass the responsibility of persistence onto other infrastructure, adding additional complexity.