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
Artificial intelligence, machine learning, neural networks. We’re in the midst of a wave of excitement around AI such as hasn’t been seen for a few decades. But those previous periods of inflated expectations led to troughs of disappointment. Will this time be different? Most likely. Applications of AI such as predictive analytics are already decreasing costs and improving reliability of industrial machinery. Furthermore, the funding and research going into AI now comes from a wide range of com...
It is ironic, but perhaps not unexpected, that many organizations who want the benefits of using an Agile approach to deliver software use a waterfall approach to adopting Agile practices: they form plans, they set milestones, and they measure progress by how many teams they have engaged. Old habits die hard, but like most waterfall software projects, most waterfall-style Agile adoption efforts fail to produce the results desired. The problem is that to get the results they want, they have to ch...
No hype cycles or predictions of zillions of things here. IoT is big. You get it. You know your business and have great ideas for a business transformation strategy. What comes next? Time to make it happen. In his session at @ThingsExpo, Jay Mason, Associate Partner at M&S Consulting, presented a step-by-step plan to develop your technology implementation strategy. He discussed the evaluation of communication standards and IoT messaging protocols, data analytics considerations, edge-to-cloud tec...
Cloud Expo, Inc. has announced today that Andi Mann and Aruna Ravichandran have been named Co-Chairs of @DevOpsSummit at Cloud Expo Silicon Valley which will take place Oct. 31-Nov. 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. "DevOps is at the intersection of technology and business-optimizing tools, organizations and processes to bring measurable improvements in productivity and profitability," said Aruna Ravichandran, vice president, DevOps product and solutions marketing...
"When we talk about cloud without compromise what we're talking about is that when people think about 'I need the flexibility of the cloud' - it's the ability to create applications and run them in a cloud environment that's far more flexible,” explained Matthew Finnie, CTO of Interoute, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
"Loom is applying artificial intelligence and machine learning into the entire log analysis process, from start to finish and at the end you will get a human touch,” explained Sabo Taylor Diab, Vice President, Marketing at Loom Systems, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
When growing capacity and power in the data center, the architectural trade-offs between server scale-up vs. scale-out continue to be debated. Both approaches are valid: scale-out adds multiple, smaller servers running in a distributed computing model, while scale-up adds fewer, more powerful servers that are capable of running larger workloads. It’s worth noting that there are additional, unique advantages that scale-up architectures offer. One big advantage is large memory and compute capacity...
We build IoT infrastructure products - when you have to integrate different devices, different systems and cloud you have to build an application to do that but we eliminate the need to build an application. Our products can integrate any device, any system, any cloud regardless of protocol," explained Peter Jung, Chief Product Officer at Pulzze Systems, in this SYS-CON.tv interview at @ThingsExpo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA
With major technology companies and startups seriously embracing Cloud strategies, now is the perfect time to attend 21st Cloud Expo October 31 - November 2, 2017, at the Santa Clara Convention Center, CA, and June 12-14, 2018, at the Javits Center in New York City, NY, and learn what is going on, contribute to the discussions, and ensure that your enterprise is on the right path to Digital Transformation.
The Internet giants are fully embracing AI. All the services they offer to their customers are aimed at drawing a map of the world with the data they get. The AIs from these companies are used to build disruptive approaches that cannot be used by established enterprises, which are threatened by these disruptions. However, most leaders underestimate the effect this will have on their businesses. In his session at 21st Cloud Expo, Rene Buest, Director Market Research & Technology Evangelism at Ara...
In his session at @ThingsExpo, Eric Lachapelle, CEO of the Professional Evaluation and Certification Board (PECB), provided an overview of various initiatives to certify the security of connected devices and future trends in ensuring public trust of IoT. Eric Lachapelle is the Chief Executive Officer of the Professional Evaluation and Certification Board (PECB), an international certification body. His role is to help companies and individuals to achieve professional, accredited and worldwide re...
Wooed by the promise of faster innovation, lower TCO, and greater agility, businesses of every shape and size have embraced the cloud at every layer of the IT stack – from apps to file sharing to infrastructure. The typical organization currently uses more than a dozen sanctioned cloud apps and will shift more than half of all workloads to the cloud by 2018. Such cloud investments have delivered measurable benefits. But they’ve also resulted in some unintended side-effects: complexity and risk. ...
"We are a monitoring company. We work with Salesforce, BBC, and quite a few other big logos. We basically provide monitoring for them, structure for their cloud services and we fit into the DevOps world" explained David Gildeh, Co-founder and CEO of Outlyer, in this SYS-CON.tv interview at DevOps Summit at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
21st International Cloud Expo, taking place October 31 - November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA, 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 strategy. Me...
With major technology companies and startups seriously embracing Cloud strategies, now is the perfect time to attend 21st Cloud Expo October 31 - November 2, 2017, at the Santa Clara Convention Center, CA, and June 12-14, 2018, at the Javits Center in New York City, NY, and learn what is going on, contribute to the discussions, and ensure that your enterprise is on the right path to Digital Transformation.