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GigaSpaces Closes Strong 2020, Doubling Annual Recurring Revenues, Fueled by New Product Innovations to Drive Customers Digital Transformation
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NEW YORK, Jan. 20, 2021 /PRNewswire/ GigaSpaces, the leading provider of in-memory computing platforms that drive digital transformation announced today its 2020 results. The company doubled annual recurring revenues and doubled the number of subscription customers for the second year in a row. In 2020, GigaSpaces continued its rapid growth fueled by new product innovations, and the expansion of global partnerships, driving forward digital transformation initiatives with the fastest, most scalable, and easiest to deploy in-memory computing platforms that meet the most challenging enterprise data and analytics processing needs.
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Unmanned aerial vehicles (UAVs), or drones, are transforming how businesses in a wide range of industries operate. Initially considered something exclusively for military purposes, the drone industry has branched out, developing a multitude of commercial applications, including in oil & gas, mining, agriculture, retail, delivery services and health care. Many companies are realizing the unlimited ways drones can be used, such as data acquisition, aerial photography, remote sensing, mapping and surveying, disaster risk management, environmental monitoring and logistics and operations.
Bennett Jones Canada-Israel Initiative partnered with Aviram Hazak, M&A partner of the prominent Israeli law firm Herzog, Fox and Neeman to host the latest Maple and Honey Forum