SnapLogic’s Investment in Elastic Integration Leads to a Record Quarter
San Mateo, CA (PRWEB) April 23, 2014 -- SnapLogic, the Elastic Integration company, today announced that the company is experiencing tremendous growth following the launch of its new, built-from-the-ground-up Elastic Integration platform. In the first quarter of 2014, the company grew year-over-year bookings by over 100 percent, with 93 percent of new subscriptions coming from the company’s new integration platform as a service (iPaaS). Recent customer wins and expanded business in the first quarter were fueled by the “cloudification” of enterprise IT, with companies such as Axciom, Blackberry, Bloomin’ Brands, CapitalOne, iRobot, Netflix and Northgate Markets investing in a modern approach to integrating enterprise and cloud applications, APIs, and data.
“The software-defined integration platform is a breakthrough approach for savvy CIOs looking to speed up and simplify data and application integration,” said Gaurav Dhillon, CEO of SnapLogic. “The new hybrid enterprise is investing in social, mobile, analytics and cloud technologies to drive innovation and growth. I’m excited to see our customers and partners adopting our fast, multi-point and modern approach to integration in order to power these new initiatives.”
First Quarter 2014 Highlights
Continuing its momentum since the launch of the SnapLogic Elastic Integration platform, in Q1 2014 SnapLogic:
- Was listed as a Visionary in Gartner Magic Quadrant for Enterprise Integration Platform as a Service.
- Was named a “Vendor to Watch” by Enterprise Management Associates.
- Was highlighted in Ovum’s On the Radar.
- Launched the SnapLogic Integration Cloud Spring 2014 Release, adding API management features, performance monitoring dashboards and many new and updated pre-built connectors, called Snaps.
- Introduced Snap Patterns, which are reusable process and data integration templates that simplify connecting cloud services.
- Introduced a free trial of its cloud integration service for Amazon Redshift.
About SnapLogic
SnapLogic is the leader in Elastic Integration, helping companies connect enterprise applications and data in the cloud and on-premise for improved business agility and faster decision-making. With the award-winning SnapLogic Integration Cloud, organizations can more quickly and affordably accelerate the “cloudification” of enterprise IT with a fast, multi-point and modern integration platform as a service (iPaaS). Funded by leading venture investors, including Andreessen Horowitz and Ignition Partners, and co-founded by Gaurav Dhillon, former CEO and co-founder of Informatica, SnapLogic is used by prominent companies in the Global 2000.
For more information, call +1.888.494.1570 or visit http://www.SnapLogic.com.
Dana Dye, SnapLogic, http://www.snaplogic.com, +1 (415) 928-1310, [email protected]
Share this article