News Column

Market Adoption Propels Actian to Global Prominence in Big Data Software

February 13, 2014

By a News Reporter-Staff News Editor at Computer Weekly News -- Actian Corporation ("Actian"), the Big Data software platform company, announced the launch of the next-generation, integrated Actian Analytics Platform™ and ends 2013 with revenues double those of the prior year. By relentlessly focusing on business outcomes for customers transforming data to value, Actian overcomes the known limitations of legacy and point solutions for Big Data that are costly, cumbersome and siloed. As a result, the company is enjoying significant revenue growth, continued profitability, customer traction and a growing pipeline.

"The first-phase Big Data projects were complex, expensive and lengthy to implement. As new capabilities like the Actian Analytics Platform have come to market, the opportunity for transformational business outcomes from Big Data projects is open to far more organizations without needing scarce skills, radically accelerating time to value," said Steve Shine, Actian CEO and President. "This heralds much broader adoption of Big Data - i.e., Big Data 2.0. We've been thrilled with the amount of innovation our customers have delivered on our platform." Actian Announces Market Momentum Including: Customer Success Rapid growth from new and deepened relationships with industry-leading customers including Evernote, Future Group, Opera Solutions, and Rally Software

Large cross-sell and upsell opportunity across its global customer base to deliver tangible business benefit through data-driven business processes

Increased vertical market penetration in financial services, digital media, retail, healthcare and SaaS

Established global presence with strong international sales, support, services and partner footprint and more than 50% of revenues originating outside of the United States Company Success $140 million in annual revenues

150 percent quarter-over-quarter Actian Analytics Platform pipeline growth

Bolstered executive, sales and engineering bench strength with key hires

Keywords for this news article include: Actian Corporation, Information Technology, Information and Data Software.

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Source: Computer Weekly News

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