GridGain Selected as an AlwaysOn Global 250 Winner

In-memory computing provider recognized for game-changing technology innovation

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Jul 16, 2014, 08:00 ET

FOSTER CITY, Calif., July 16, 2014 /PRNewswire/ -- Today GridGain™ Systems (GridGain.com), provider of the leading open source In-Memory Computing (IMC) Platform, announced that it has been chosen by AlwaysOn as a Global 250 Top Private Company winner. Inclusion in the AlwaysOn Global 250 signifies leadership amongst peers and game-changing approaches and technologies that are likely to disrupt existing markets and entrenched players in the Global Silicon Valley. GridGain was specially selected by the AlwaysOn editorial team and industry experts spanning the globe based on a set of five criteria: innovation, market potential, commercialization, stakeholder value, and media buzz.

"In-memory technology offers the only way to achieve today's exponentially growing data demands for speed, volume and ultimate scalability – traditional infrastructure just won't cut it," said Abe Kleinfeld, GridGain's CEO. "GridGain is changing the game by delivering previously unimaginable performance and unlimited scale to a broad range of applications and data stores through the most mature, tested and comprehensive IMC platform."

In 2014 the company broke ground on numerous fronts by making its In-Memory Computing Platform available through an Apache 2.0 open source license; offering the first true Hadoop Plug and Play In-Memory Computing Accelerator; and introducing some of the most advanced security functionality available in an IMC solution, enabling organizations to pinpoint, track and control exactly who is accessing their data.

GridGain and the AlwaysOn Global 250 companies will be honored at AlwaysOn's 12th annual Innovation Summit at the Computer History Museum on July 29th and 30th, 2014. This two-day exclusive event treats attendees to a high-level debate and discourse on top trends and opportunities in the booming digital media, entertainment, on-demand, and cloud computing sectors.

"As the expansion of the mobile and cloud markets continue, the companies on this year's AlwaysOn Global 250 are racing to provide business and consumer users with the best products and services. The new generation of hardware and software solutions is making it possible for businesses to become even more efficient and profitable. Consumer apps are teaming up with smart advertising and marketing solutions, pairing consumers with goods and services from all across the globe," says Tony Perkins, founder and editor of AlwaysOn. "More legacy industries are being redefined by the innovation community, making the companies on this year's AlwaysOn Global 250 the highest-growth opportunities in today's private company marketplace."

The AlwaysOn Global 250 winners were selected from among thousands of domestic and international technology companies nominated by investors, bankers, journalists, and industry insiders. The AlwaysOn editorial team conducted a rigorous three-month selection process to finalize the 2014 list.

A full list of all the AlwaysOn Global 250 winners can be found on the AlwaysOn website at: http://www.aonetwork.com/

In April, GridGain was named a 2014 Cool Vendor in In-Memory Computing by Gartner.

About GridGain™

GridGain develops the leading open source In-Memory Computing Platform, enabling organizations to conquer challenges that traditional technology can't approach. From high-performance data management and real-time streaming to an industry first in-memory Hadoop accelerator, GridGain provides the most complete end-to-end stack for low-latency, in-memory computing that allows customers to easily innovate ahead of the accelerating pace of business. Fortune 500 companies, top government agencies and innovative mobile and web companies use GridGain to achieve unprecedented computing performance and business insights. GridGain is headquartered in Foster City, California. To download the GridGain In-Memory Computing Platform, please visit http://www.gridgain.com/download/.

About AlwaysOn

AlwaysOn is the leading business media brand connecting and informing the entrepreneurial community in the Global Silicon Valley. Founded by Red Herring founding editor, Tony Perkins in 2003, AlwaysOn's mission is to continue to lead the industry by empowering its readers, event participants, sponsors, bloggers, and advertisers like no other media brand.

SOURCE GridGain Systems