Attributes Over 200% Revenue Growth to Increased Demand for its Next-Generation NoSQL Database to Power Data-intensive Digital Transformation
MOUNTAIN VIEW, CALIF.—November 23, 2020—Aerospike Inc., the global leader in next-generation, real-time NoSQL data solutions, today announced it has been named to Deloitte’s Technology Fast 500™, a ranking of the 500 fastest-growing technology, media, telecommunications, life sciences, and energy tech companies in North America. Ranked No. 91 in the San Francisco Bay Area and No. 452 overall, this marks Aerospike’s first inclusion on the list as it grew revenue over 200% from 2016 to 2019.
“Customers today expect a reliable real-time online experience,” said John Dillon, CEO, Aerospike. “Everyday, people around the world rely on real-time, mission critical, online applications powered by Aerospike. We’re honored to be named to the Deloitte Technology Fast 500.”
In today’s data-driven digital economy, enterprises need to deliver the right customer experience at the right moment. Traditional NoSQL systems lack the reliability and consistency at scale, and relational systems don’t have the performance to meet today’s growing online workloads. Aerospike Database overcomes these challenges with a fraction of the infrastructure complexity and cost of legacy systems. Aerospike is the first NoSQL database capable of powering globally distributed business transactions, without the conventional trade-offs associated with consistency and scale. Aerospike’s patented Hybrid Memory Architecture™ unlocks the potential of modern hardware to manage vast amounts of data from all corners of the enterprise – the edge, the core, and in the cloud. With Aerospike, enterprises are better equipped to fight fraud, increase shopping cart size, deploy global digital payment networks, and deliver instant personalization for millions of customers.
“For more than 25 years, we’ve been honoring companies that define the cutting edge and this year’s Technology Fast 500 list is proof positive that technology — from software and digital media platforms, to biotech — truly does permeate so many facets of our lives,” said Paul Silverglate, vice chairman, Deloitte LLP and U.S. technology sector leader. “We congratulate this year’s winners, especially during a time when innovation is needed more than ever to address the monumental challenges posed by the pandemic.”
“Each year the Technology Fast 500 listing validates how important technology innovation is to our daily lives. It was interesting to see this year that while software companies continued to dominate, biotech companies rose to the top of the winners list for the first time, demonstrating that new categories of innovation are accelerating in the pursuit of making life easier, safer and more productive,” said Mohana Dissanayake, partner, Deloitte & Touche LLP, and industry leader for technology, media and telecommunications, within Deloitte’s audit and assurance practice. “We extend sincere congratulations to these well-deserved winners — who all embody a spirit of curiosity, and a never-ending commitment to making technology advancements possible.”
About Deloitte’s 2020 Technology Fast 500™
Now in its 26th year, Deloitte’s Technology Fast 500 provides a ranking of the fastest-growing technology, media, telecommunications, life sciences and energy tech companies — both public and private — in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2016 to 2019.
In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company’s operating revenues. Companies must have base-year operating revenues of at least $US50,000, and current-year operating revenues of at least $US5 million. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.
Aerospike is the global leader in next-generation, real-time NoSQL data solutions for any scale. Aerospike’s customers overcome seemingly impossible data bottlenecks to compete and win with a fraction of the infrastructure complexity and cost of legacy NoSQL databases. Aerospike’s patented Hybrid Memory Architecture™ delivers an unbreakable competitive advantage by unlocking the full potential of modern hardware, delivering previously unimaginable value from vast amounts of data at the edge to the core and in the cloud. Aerospike empowers customers to instantly fight fraud; dramatically increase shopping cart size; deploy global digital payment networks; and deliver instant, one-to-one personalization for millions of customers. Aerospike customers include Airtel, Nielsen, PayPal, Snap, Verizon Media and Wayfair. The company is headquartered in Mountain View, Calif., with additional locations in London; Bengaluru, India; and Tel Aviv, Israel.
For more information, please visit https://www.aerospike.com.
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Chris Poisson Look