Terracotta Doubles Business in 2011

SAN FRANCISCO -- (BUSINESS WIRE) -- Terracotta, Inc.

News

• Terracotta Inc. today announced record revenue for 2011. The company more than doubled annual revenue. Fourth quarter revenue tripled year over year.

Market Context

• Increased demand for Big Data in memory. Terracotta’s record revenue was fueled by growing demand for BigMemory, the company’s in-memory data management solution. Exploding data volumes and plunging RAM prices are pushing companies to keep more high-value business data in memory, where access speeds are near real-time.
• Widespread enterprise adoption. In 2011, market leaders in a variety of verticals turned to BigMemory to accelerate data-intensive applications and analysis. Customers deployed BigMemory in demanding, industry-critical use cases, including:
  • Financial services - Fraud detection, risk management, credit card authorizations
  • Internet - Highly available web services, scalable online gaming, e-commerce
  • Telecommunications - Billing, customer provisioning, online subscriber services
  • Government - Mission-critical applications, high-velocity data processing
  • Entertainment and Media – Streaming TV, dynamic content serving

• Huge user base. Terracotta’s Ehcache is the de facto in-memory data store for enterprise Java and the interface for snapping BigMemory into applications. Ehcache users run more than two million enterprise applications worldwide and a growing number are upgrading to BigMemory to store more application data in memory.

Analyst Perspective

• Current technology trends point to increasing demand for in-memory data management solutions. Leading analyst firm Gartner named Big Data and in-memory computing among the top 10 strategic technologies for 2012. According to Gartner*, “as cost and availability of memory intensive hardware platforms reach tipping points in 2012 and 2013, the in-memory approach will enter the mainstream.”

Supporting Quote

• “2011 was a breakthrough year for Terracotta. We became the go-to solution for Big Data in memory, landed new customers in key verticals, completed an acquisition by Software AG, and capped the year with record revenues,” said Ari Zilka, Terracotta founder and chief technology officer. “Looking ahead, what’s truly exciting are the unprecedented opportunities to transform business with in-memory data. Terracotta and Software AG are uniquely positioned to take in-memory data management to that next level.”

Supporting Resources

Terracotta
BigMemory
Enterprise Ehcache
Ehcache Community
Software AG

*Gartner Press Release, Gartner Identifies the Top 10 Strategic Technologies for 2012, October 18, 2011. http://www.gartner.com/it/page.jsp?id=1826214

About Terracotta, Inc.

Terracotta, a wholly-owned subsidiary of Software AG (Frankfurt TecDAX: SOW), is a recognized leader in in-memory data management solutions for the enterprise. The company’s flagship product, BigMemory™, manages terabytes of data in memory to improve application performance at any scale. Terracotta is also the lead developer of Ehcache, the de facto in-memory data store for enterprise Java. With millions of deployments, including in the majority of the Global 2000, Terracotta is behind some of the most widely used software for application performance and scalability. For more information, please visit www.terracotta.org.