GridGain Continues Its Strong Momentum in 2020
FOSTER CITY, Calif., Jan. 21, 2021 (GLOBE NEWSWIRE)
GridGain
® Ignite
®, today announced continued strong growth for the 2020 calendar year across all phases of the company. Key achievements included the 7th consecutive year of revenue growth, net-new business growth of 53% with just 6% churn, a 63% increase in the number of transactions over $250,000 compared to 2019, and more than 500% sales growth in Apache Ignite support subscriptions. GridGain also launched key product and service innovations, received multiple industry honors, and hosted the In-Memory Computing Summit 2020 virtual worldwide conference – with record attendance – as well as other virtual events.
“The extraordinary events of 2020 accelerated digital transformation projects in most companies, especially those in e-commerce and retail, financial services, fintech, healthcare, telecommunications and transportation,” said Abe Kleinfeld, president and CE
GridGain Systems: GridGain Continues Its Strong Momentum in 2020 Systems, provider of enterprise-grade in-memory computing solutions based on Apache
Ignite
, today announced continued strong growth for the 2020 calendar year across all phases of the company. Key achievements included the 7th consecutive year of revenue growth, net-new business growth of 53% with just 6% churn, a 63% increase in the number of transactions over $250,000 compared to 2019, and more than 500% sales growth in Apache Ignite support subscriptions. GridGain also launched key product and service innovations, received multiple industry honors, and hosted the In-Memory Computing Summit 2020virtual worldwide conference - with record attendance - as well as other virtual events.
®, today announced continued strong growth for the 2020 calendar year across all phases of the company. Key achievements included the 7th consecutive year of revenue growth, net-new business growth of 53% with just 6% churn, a 63% increase in the number of transactions over $250,000 compared to 2019, and more than 500% sales growth in Apache Ignite support subscriptions. GridGain also launched key product and service innovations, received multiple industry honors, and hosted the In-Memory Computing Summit 2020 virtual worldwide conference – with record attendance – as well as other virtual events.
“The extraordinary events of 2020 accelerated digital transformation projects in most companies, especially those in e-commerce and retail, financial services, fintech, healthcare, telecommunications and transportation,” said Abe Kleinfeld, president and CEO of GridGain. “I’m proud of our team’s continued drive to innovate our in-memory computing solutions, respond to the gr