San Mateo, Calif. (PRWEB) August 4, 2009
Greenplum Software, the pioneer of Enterprise Data Cloud™ solutions for large-scale data warehousing and analytics, today announced 50 percent growth in sales and 70 percent increase in customers for the first half of 2009 over the comparable period, one year ago. In the first half of the year, Greenplum also continued to assert its leadership in the data warehousing infrastructure market, introducing several significant product innovations during this period and signing many new large-scale customers in the U.S. and overseas.
Key 1H 2009 milestones include:
1. Strong sales and customer growth:
- Greenplum saw 50 percent sales growth in the first half of the year and a 70 percent increase in the customer base.
- Greenplum revealed that the largest database in the world, eBay's 6.5 petabytes of data, runs on Greenplum Database.
- Greenplum has assembled an impressive list of large-scale customer deployments at market leaders including NASDAQ, NYSE, Zions Bancorporation, FOX Interactive Media/MySpace, eBay, and Reliance Communications, and recently signed additional leading companies in the telecommunications, insurance, government, banking, and travel industries as new customers.
2. Product innovation:
- Greenplum announced its Enterprise Data Cloud Initiative, a bold new vision for bringing the power of self-service to data warehousing and analytics.
- Earlier in the year, Greenplum introduced MPP Scatter-Gather Streaming technology designed to accelerate data loading for companies dealing with exponential data growth.
- Greenplum shared that its customers are achieving production loading speeds of over four terabytes per hour.
3. Continued international expansion:
- In the first half of the year, Greenplum announced a number of new international customers, such as OnMobile and Future Group in India and Bakrie in Indonesia.
- The company also opened a UK office, added Keith Budge as General Manager for Asia-Pacific and Japan and hired Kalyan Roy as Regional Director for India.
"While many software companies have struggled to keep up their momentum in the current economic climate, Greenplum has actually seen accelerated adoption," said Bill Cook, CEO of Greenplum. "We are winning business against larger competitors such as Teradata and Netezza because companies dealing with explosive data growth and new business challenges see that Greenplum Database, running on commodity hardware, delivers the most cost-effective, scalable and flexible solution for the long term."
"We anticipate continued strong demand with our introduction of the Enterprise Data Cloud (EDC) Initiative and additional new product innovations," said Scott Yara, president and co-founder of Greenplum. "With eBay, the worlds largest database, running on Greenplum, we are proving our product's robustness and agility--and this is just the beginning. We are aggressively investing to drive the future of Data Warehousing with the industry-wide Enterprise Data Cloud Initiative."
About the Greenplum Enterprise Data Cloud™ Initiative
The Greenplum EDC™ Initiative is a response to the costly and inflexible solutions that have dominated the market for the past 30 years. The focus of the initiative is transforming how companies think about storing, managing and analyzing data within the enterprise. The initiative comprises three core elements:
1. The Platform - At the core, Greenplum Database enabling self-service provisioning, elastic scalability, and massively parallel processing
2. The Methodology - New agile and pragmatic best practices that capitalize on the ability to leverage extreme scale and self-service infrastructure.
3. The Ecosystem - Working with customers and partners to bring to market new capabilities and standards that build on top of the EDC platform.
About Greenplum Software
Greenplum Software is the pioneer of Enterprise Data Cloud™ solutions for large-scale data warehousing and analytics, providing customers with next-generation capabilities including elastic expansion and sandboxing, multi-petabyte scale on commodity hardware, and massively parallel analytic processing. Data-driven businesses around the world, including NASDAQ OMX, NYSE Euronext, Reliance Communications, eBay and Fox Interactive Media/MySpace, have adopted the Greenplum Database to support their mission-critical business functions. For more information visit http://www.greenplum.com.