SAN JOSE, Calif.--(BUSINESS WIRE)--DataTorrent, a real-time Big Data analytics company founded by the creators of the leading enterprise-grade, open-source batch and stream processing engine Apache Apex, are excited by the unprecedented growth of the Apache Apex community and traction that DataTorrent is getting with production customers.
DataTorrent YoY Highlights
- 6x growth of customers in production
- 105% growth of subscription bookings dollars
- 83% growth of in-production Gb
In addition to the company’s exceptional growth, DataTorrent has experienced 0% loss of production customers as a result of its obsessive focus.
DataTorrent has seen a tremendous uptick in customer demand and adoption – fueling 6x growth in production customers in just one year. Companies in production with DataTorrent and Apache Apex in mission-critical operations include Fortune 10 companies to early stage startups. With solutions applicable for a variety of business needs, DataTorrent has proven itself as a nimble partner offering transformative data ingestion and analytics solutions for companies from financial services to the IoT industry and beyond.
“Although we see increased understanding of the potential benefits Big Data projects can have on the bottom line, many enterprises struggle to take Big Data projects into production due to a variety of factors including time, complexity and cost,” said Matt Aslett, Research Director Data Platforms & Analytics, 451 Research. “DataTorrent’s recent customer successes illustrate its ability to help customers build and deploy production applications to take advantage of both batch and real-time stream processing.”
Growth of Apex Community
Apex became a top level Apache project in 2016 and in a such a short period of time has become a global phenomenon with over 50,000 members spread across 17 countries—all pushing the boundaries to revolutionize data analytics with Apex. And with a quarterly growth of 70%, the Apex community continues to thrive.
“As more and more connected devices come to market, data volume is growing exponentially, making ingesting and analyzing this data in real-time very complex, let alone garnering insight and taking real-time actions,” said Guy Churchward, CEO & President, DataTorrent. “I believe we are uniquely poised to help customers derive immediate value. Add the explosive growth of the Apache Apex community and the addition of key talent and we really help time to value and total cost of ownership in delivering real-time data insight and actions for our customers.”
Expanded Leadership Team
DataTorrent previously announced the appointment of Guy Churchward as its new CEO. Joining Churchward’s management team along with co-founders Phu Hoang and Amol Kekre are:
Nathan Trueblood, VP of Product Management, bringing his deep experience in product management of large-scale distributed processing and years of working with open-source technologies, including Hadoop 2.0 and OpenStack, to bear at DataTorrent.
Jeff Bettencourt, SVP of Marketing and Business Development from Dell EMC Corporation, where he served as VP of Marketing for EMC’s Data Protection & Availability Division.
For more information about DataTorrent, go to datatorrent.com/growth.
DataTorrent is the leader in real-time Big Data ingestion and analytics enabling businesses to take their Big Data into production faster and lower the total cost of ownership. The company was founded by the creators of the open-source stream processing engine Apache Apex (apex.apache.org). DataTorrent’s real-time platform is designed to ingest data as soon as it is created, to build and to deploy production applications rapidly and easily with enterprise-grade reliability.
DataTorrent’s solution is proven in production environments to reduce time-to-market, development costs and operational expenditures for companies of all sizes. For more information, visit our website (www.datatorrent.com) or follow us on Twitter at @datatorrent.