Foster City, California (PRWEB) June 18, 2013
GridGain Systems, the leader in in-memory computing, was named a finalist for the 2013 Red Herring North America Awards in the Big Data/Storage sector. The awards celebrate the top private tech companies in North America.
“We are honored by Red Herring’s recognition of GridGain as a finalist for this prestigious award,” said Nikita Ivanov, founder and CEO, GridGain. “We are excited to be recognized for our innovative technology that is changing the way data is processed and analyzed in the Big Data industry.”
Red Herring 100 Awards are widely recognized as one of the industry’s more prestigious recognitions, with up to 1,400 candidates from each continent competing each year. Finalist for the 2013 Red Herring 100 North America Awards are based on high ratings in overall technological innovation, management strength, market size, investor record, customer acquisition and financial health.
GridGain develops next generation In-Memory Computing and Data Management software that provides storage and processing, with stream processing for operational Big Data in a single platform. It combines distributed and transactional In-Memory NoSQL and MapReduce technologies – delivering a 10x – 1000x performance increase over traditional disk-based systems.
The top 100 were asked to be part of the final phase of the award process – a live presentation at the Red Herring North America Forum in Monterey, California, from May 21 to 23.
About Red Herring
Red Herring is a global media company which unites the world’s best high-tech innovators, venture investors and business decision-makers in a variety of forums: a leading innovation magazine, an online daily technology news service, technology newsletters and major events for technology leaders around the globe. Red Herring provides an insider’s access to the global innovation economy, featuring unparalleled insights on the emerging technologies driving the economy.
GridGain develops scalable, distributed, in-memory data platform technology for real time data processing. The company’s Java-based middleware products enable development of applications and services that can instantly access terabytes to petabytes of information from any data source or file system, distribute computational tasks across any number of machines, and produce results orders of magnitude faster than traditionally architected systems. GridGain’s customers include innovative web and mobile businesses, leading Fortune 500 companies, and top government agencies. The company is headquartered in Foster City, California. Learn more at http://www.gridgain.com.