Welcome!

News Feed Item

EnterpriseDB Announces Record 70% Increase in Software Subscription Revenue

Expanding Deployments of Postgres Among Global Enterprises and ISVs Helped Drive Record Subscription Sales Growth

BEDFORD, MA -- (Marketwired) -- 02/18/14 -- EnterpriseDB (EDB), the leading worldwide provider of enterprise-class Postgres products and Oracle database compatibility solutions, today announced a record 70 percent increase in software subscription revenue in 2013. The year capped 16 consecutive quarters of growth in subscription revenue as global enterprises continued to expand their deployments of Postgres to contain or reduce spending on more costly, traditional database vendors.

Deepening relationships with existing users, growth in new subscriptions, expanded relationships with independent software vendors and partners, and revenue growth in the cloud all played a role in EDB's record year. EDB added more than 400 customers in 2013 and the ranks now exceed 2,400. The prevalence of larger enterprises adopting EDB proves that larger enterprises continue to expand their success with open source software in the data center to drive down costs. This is an important trend, with companies looking further up the infrastructure software stack to the database layer for opportunities to leverage open source.

EDB counts among its customers 50 of the Fortune 500 list of the largest US companies and 98 of the Forbes Global 2000 list of the largest companies in the world. EDB's customers worldwide now include ABN AMRO Bank, Grupo BBVA, Deutsche Börse AG, Ericsson, Fujitsu, KT Corp., Lockheed Martin, McKesson Corp., Nippon Telegraph & Telephone (NTT), RSA Security and the Alaska Department of Health and Social Services.

"Revenue figures tell our story for us. We've had 16 consecutive quarters of growth during some tough years for the global economy," said Ed Boyajian, CEO and President of EnterpriseDB. "EnterpriseDB is celebrating its 10th year in business this year and with that comes the proven track record, experience and expertise that global organizations recognize and value in a strategic database solution provider. That same ability to deliver won us recognition this past year from Gartner as the only relational database in the Challenger quadrant in the Magic Quadrant for Operational Database Management Systems."

Key Contributors to EDB Growth

Expanded ISV Program
Independent software vendors (ISVs) were a key contributor to EDB's growth during 2013 with a significant increase in activity. These companies are either working with EDB to certify the performance and compatibility of Postgres Plus Advanced Server for their products or they are embedding EDB software into their own products to increase margins and deliver more cost-effective solutions to customers. HP, for example, has certified its mission critical clustering solution HP Serviceguard for Postgres Plus Advanced Server as well as its HP Service Activator, which telecommunications companies use to create and activate new service accounts.

EDB is also currently working with ACI Worldwide, CA Technologies, Dell, Informatica, PinkRoccade, Symantec and Tata Consultancy Services.

New Partnership Milestones
EDB is a partner in the HP Intel Solution Centers and has a build for the HP-UX operating environment on Intel Itanium-based HP Integrity servers. The partnership marked a major deployment with Deutsche Börse AG, which operates the largest financial exchange in Germany. In recognition of the Deutsche Börse deployment, HP awarded EnterpriseDB with an HP AllianceOne Partner of the Year Award for Mission Critical Computing at the HP Discover event in Las Vegas in June 2013.

EDB also deepened its longtime relationship with IBM with the announcement in July 2013 that EDB's flagship Postgres Plus Advanced Server was available on its IBM Power Systems servers running Linux, and on the new high-performance Linux-based system, the PowerLinux 7R4. The collaboration was pivotal in expanding the range of open source based alternatives.

Growth in Postgres Plus Cloud Database
Postgres Plus Cloud Database usage skyrocketed in 2013 and revenue from the product increased by 200 percent as the demand for Postgres among enterprises and governments extended to the cloud. While the cloud database expanded its ranks of customers conducting initial trials, a significant portion of existing customers reported plans to move from development to production deployment and to deploy new workloads.

Product and Technology Advances
EDB released its Postgres Plus Advanced Server 9.3 with performance enhancements that are not available in community PostgreSQL. Major performance improvements in partitioning expand the workloads that Postgres Plus Advanced Server can handle, including large datasets that require scaling to hundreds and even thousands of table partitions.

The newest version of Postgres Plus Advanced Server also expanded the solution's capacity to support JSON data types. The new capabilities strengthened Postgres' ability to support both unstructured and semi-structured data and as well as many applications that NoSQL technologies had been developed to support.

EDB also launched one of its most important new products in December. EDB Failover Manager fulfills a critical need among Postgres users for an automated failover solution that integrates seamlessly with the company's flagship Postgres Plus Advanced Server as well as community PostgreSQL deployments. The product is crucial for meeting enterprise High Availability demands by monitoring the health of a streaming replication cluster and initiating failover in the event the master database fails.

Supporting Quotes

"Our customers are looking to expand their open ecosystems to support more demanding and more complex workloads. The strength and reliability of EDB's Postgres Plus Advanced Server, combined with our Linux-based HP ProLiant and HP-UX-based Integrity offerings, provide data-driven enterprises with a powerful open solution to alternative platforms," said Vineeth Ram, VP Product Marketing, HP Servers.

"We are always pleased to see Red Hat partners deliver powerful open source solutions to the enterprise, especially long-time members of the Red Hat ecosystem like EnterpriseDB. Red Hat and EnterpriseDB joint customers can benefit from the performance gains, cost savings and enterprise-class support provided by the partner certified and supported solution," said Mike Werner, Sr. Director, Global Technology Programs, Red Hat.

"We've witnessed a dramatic increase in performance with Postgres Plus Advanced Server version 9.3 when inserting massive amounts of data into partitioned tables. With this new feature, we were able to easily and successfully deploy a real-time signal acquisition project that would have been a significant challenge using another technology," said Juan Alberto Cuadros, Competence Center Manager, Indra, a global technology solutions provider based in Madrid.

Connect with EnterpriseDB
Learn more about EnterpriseDB: http://www.enterprisedb.com
Read the blog: http://blogs.enterprisedb.com/
Follow us on Twitter: http://www.twitter.com/enterprisedb
Become a fan on Facebook: http://www.facebook.com/EnterpriseDB?ref=ts
Join us on Google+: https://plus.google.com/108046988421677398468
Connect on LinkedIn: http://www.linkedin.com/company/enterprisedb

About EnterpriseDB Corporation
EnterpriseDB is the leading worldwide provider of Postgres software and services that enable enterprises to reduce their reliance on costly proprietary solutions and slash their database spend by 80% or more. With powerful performance and security enhancements for PostgreSQL, sophisticated management tools for global deployments and Oracle compatibility, EnterpriseDB software supports both mission and non-mission critical enterprise applications. More than 2,400 enterprises, governments and other organizations worldwide use EnterpriseDB software, support, training and professional services to integrate open source software into their existing data infrastructures. Based in Bedford, MA, EnterpriseDB is backed by top-tier venture capitalists and strategic investors like Red Hat and IBM. For more information, please visit http://www.enterprisedb.com.

EnterpriseDB Media Contact:
Renee Deger
Corporate Public Relations Manager
Email Contact

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
IoT offers a value of almost $4 trillion to the manufacturing industry through platforms that can improve margins, optimize operations & drive high performance work teams. By using IoT technologies as a foundation, manufacturing customers are integrating worker safety with manufacturing systems, driving deep collaboration and utilizing analytics to exponentially increased per-unit margins. However, as Benoit Lheureux, the VP for Research at Gartner points out, “IoT project implementers often ...
SYS-CON Events announced today that Pulzze Systems will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Pulzze Systems, Inc. provides infrastructure products for the Internet of Things to enable any connected device and system to carry out matched operations without programming. For more information, visit http://www.pulzzesystems.com.
There is growing need for data-driven applications and the need for digital platforms to build these apps. In his session at 19th Cloud Expo, Muddu Sudhakar, VP and GM of Security & IoT at Splunk, will cover different PaaS solutions and Big Data platforms that are available to build applications. In addition, AI and machine learning are creating new requirements that developers need in the building of next-gen apps. The next-generation digital platforms have some of the past platform needs a...
If you’re responsible for an application that depends on the data or functionality of various IoT endpoints – either sensors or devices – your brand reputation depends on the security, reliability, and compliance of its many integrated parts. If your application fails to deliver the expected business results, your customers and partners won't care if that failure stems from the code you developed or from a component that you integrated. What can you do to ensure that the endpoints work as expect...
As ridesharing competitors and enhanced services increase, notable changes are occurring in the transportation model. Despite the cost-effective means and flexibility of ridesharing, both drivers and users will need to be aware of the connected environment and how it will impact the ridesharing experience. In his session at @ThingsExpo, Timothy Evavold, Executive Director Automotive at Covisint, will discuss key challenges and solutions to powering a ride sharing and/or multimodal model in the a...
Is your aging software platform suffering from technical debt while the market changes and demands new solutions at a faster clip? It’s a bold move, but you might consider walking away from your core platform and starting fresh. ReadyTalk did exactly that. In his General Session at 19th Cloud Expo, Michael Chambliss, Head of Engineering at ReadyTalk, will discuss why and how ReadyTalk diverted from healthy revenue and over a decade of audio conferencing product development to start an innovati...
WebRTC adoption has generated a wave of creative uses of communications and collaboration through websites, sales apps, customer care and business applications. As WebRTC has become more mainstream it has evolved to use cases beyond the original peer-to-peer case, which has led to a repeating requirement for interoperability with existing infrastructures. In his session at @ThingsExpo, Graham Holt, Executive Vice President of Daitan Group, will cover implementation examples that have enabled ea...
SYS-CON Events announced today that Numerex Corp, a leading provider of managed enterprise solutions enabling the Internet of Things (IoT), will exhibit at the 19th International Cloud Expo | @ThingsExpo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Numerex Corp. (NASDAQ:NMRX) is a leading provider of managed enterprise solutions enabling the Internet of Things (IoT). The Company's solutions produce new revenue streams or create operating...
DevOps and microservices are permeating software engineering teams broadly, whether these teams are in pure software shops but happen to run a business, such Uber and Airbnb, or in companies that rely heavily on software to run more traditional business, such as financial firms or high-end manufacturers. Microservices and DevOps have created software development and therefore business speed and agility benefits, but they have also created problems; specifically, they have created software sec...
Fifty billion connected devices and still no winning protocols standards. HTTP, WebSockets, MQTT, and CoAP seem to be leading in the IoT protocol race at the moment but many more protocols are getting introduced on a regular basis. Each protocol has its pros and cons depending on the nature of the communications. Does there really need to be only one protocol to rule them all? Of course not. In his session at @ThingsExpo, Chris Matthieu, co-founder and CTO of Octoblu, walk you through how Oct...
SYS-CON Events announced today that Tintri Inc., a leading producer of VM-aware storage (VAS) for virtualization and cloud environments, will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Tintri VM-aware storage is the simplest for virtualized applications and cloud. Organizations including GE, Toyota, United Healthcare, NASA and 6 of the Fortune 15 have said “No to LUNs.” With Tintri they mana...
More and more companies are looking to microservices as an architectural pattern for breaking apart applications into more manageable pieces so that agile teams can deliver new features quicker and more effectively. What this pattern has done more than anything to date is spark organizational transformations, setting the foundation for future application development. In practice, however, there are a number of considerations to make that go beyond simply “build, ship, and run,” which changes ho...
"My role is working with customers, helping them go through this digital transformation. I spend a lot of time talking to banks, big industries, manufacturers working through how they are integrating and transforming their IT platforms and moving them forward," explained William Morrish, General Manager Product Sales at Interoute, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Kubernetes is a new and revolutionary open-sourced system for managing containers across multiple hosts in a cluster. Ansible is a simple IT automation tool for just about any requirement for reproducible environments. In his session at @DevOpsSummit at 18th Cloud Expo, Patrick Galbraith, a principal engineer at HPE, discussed how to build a fully functional Kubernetes cluster on a number of virtual machines or bare-metal hosts. Also included will be a brief demonstration of running a Galera M...
According to Forrester Research, every business will become either a digital predator or digital prey by 2020. To avoid demise, organizations must rapidly create new sources of value in their end-to-end customer experiences. True digital predators also must break down information and process silos and extend digital transformation initiatives to empower employees with the digital resources needed to win, serve, and retain customers.