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GridGain Systems, Foster City, California

Company: Compel - an outside firm submitting on behalf of clients
Nomination Category: Company / Organization Categories
Nomination Sub Category: Company of the Year - Computer Software - Medium
2023 Stevie Winner Nomination Title: GridGain Systems
  1. Which will you submit for your nomination in this category, a video of up to five (5) minutes in length about the achievements of the nominated organization since January 1 2021, OR written answers to the questions for this category? (Choose one):

    W
    ritten answers to the questions

     

  2. If you are submitting a video of up to five (5) minutes in length, provide the URL of the nominated video here, OR attach it to your entry via the "Add Attachments, Videos, or Links to This Entry" link above, through which you may also upload a copy of your video.

    GridGain revolutionizes real-time data access and processing by offering an enterprise-grade cloud-native in-memory computing platform. Common use cases for the GridGain platform include high-speed operational analytics, application acceleration, AI/ML model training, and digital integration hubs for real-time data access across data sources and applications. GridGain is used by global enterprises in a variety of sectors, with a client list that includes ING, Citibank, American Express, AutoZone, UPS, 24 Hour Fitness and American Airlines. GridGain can be deployed on premises, in private clouds, in hybrid multi-cloud environments, and as a SaaS or fully managed service. This has enabled extremely diverse applications. For example, GridGain helped to enable:

    - CERN, the European Organization for Nuclear Research, to easily handle data acquisition, monitoring, and control of computing and industrial systems throughout the organization via 200,000 endpoints that generate up to two million messages a day.

    - Expedia Group to move from a Cassandra caching architecture with an impressive 3 second response time for airline flight queries to an Ignite architecture with an earth-shattering 150 MS response time – a 95% improvement multiplied by millions of queries every day on the Expedia platform.

    An open source software and services company, GridGain generates revenue from Support and Services for the GridGain In-Memory Computing Platform and Apache Ignite. 

  3. If you are providing written answers for your submission, you must provide an answer to this first question: Briefly describe the nominated organization: its history and past performance (up to 200 words):

    Total 187 words used.

    Unfazed by global challenges of the last couple of years, GridGain continued to deliver efficiently on its product roadmap, meeting rapidly evolving customer requirements and new business models with new innovations. In 2022 GridGain:

    - Enhanced the replication and high-availability capabilities of the platform to support customers’ evolving requirements in the financial services and telco industries.

    - Enhanced the platform’s Snapshot and disaster recovery capabilities to further increase cluster durability, and make it even easier to recover data stored in a GridGain cluster.

    - Enhanced the platform’s HTAP capabilities to simplify and accelerate combining OLTP and OLAP processing in a single data platform.

    - Delivered deeper integrations with the major cloud providers – AWS, Google Cloud and Microsoft Azure – to further support cloud-based scale and simplify the development and migration of such use cases.

    - Expanded its training efforts, including establishing GridGain University, which offers a flexible curriculum to help participants gain the specific GridGain and Apache Ignite knowledge they need.

    - Hosted two free virtual Ignite Summits that featured speakers from CERN, Expedia, HPE, IBM, iFood, JP Morgan Chase, Motorola, AWS Aurora, GridGain and more.

  4. If you are providing written answers for your submission, you must provide an answer to this second question: Outline the organization's achievements since the beginning of 2021 that you wish to bring to the judges' attention (up to 250 words):

    Total 198 words used.

    GridGain continues to distinguish itself from the competition through successful execution and excellent customer service – claims supported by the performance numbers below. The company has always gone above and beyond execution, committing tremendous resources to our thought-leadership efforts to help companies and developers better understand how to take advantage of a rapidly evolving technology – and we demonstrated this commitment again in 2022.  

    - GridGain’s core business has averaged 42% annual sales growth since 2017.

    - Bookings from existing customers increased by 68% in 2022.

    - Net revenue retention rate was 123% in 2022, reflecting GridGain’s exceptional customer satisfaction.

    - The number of companies that have purchased over $1 million from GridGain increased by 22% in 2022.

    - GridGain and Apache Ignite were downloaded more than 21 million times,with an average of 250,000 downloads per month.

    - The company was ranked among the Top 100 Fastest Growing Private Companies in Silicon Valley for the sixth consecutive year by Silicon Valley Business Journal.

    - More than 1,200 attendees from around the world participated in the virtual Ignite Summits, hearing talks and participating in discussions on a wide range of topics and leading industry use cases. 

  5. If you are providing written answers for your submission, you must provide an answer to this third question: Explain why the achievements you have highlighted are unique or significant. If possible compare the achievements to the performance of other players in your industry and/or to the organization's past performance (up to 250 words):

    Total 49 words used.

    GridGain Systems - www.gridgain.com

    GridGain In-Memory Computing Platform - https://www.gridgain.com/products/in-memory-computing-platform

    Customers - https://www.gridgain.com/solutions/customers

    GridGain University - https://www.gridgain.com/services/training

    Momentum - https://www.gridgain.com/company/news/press-releases/gridgain-continues-to-deliver-strong-growth-in-2022

    Ignite Summit - https://ignite-summit.org/?_gl=1

    Ignite Summit - https://www.gridgain.com/company/news/press-releases/gridgain-releases-full-conference-schedule-for-2022-ignite-summit-europe

  6. You have the option to answer this final question: Reference any attachments of supporting materials throughout this nomination and how they provide evidence of the claims you have made in this nomination (up to 250 words):

    Total 37 words used.

    https://www.forbes.com/sites/forbestechcouncil/2022/11/02/data-driven-enterprises-redefining-the-problem-statement/?sh=2eaa798543ba

    https://www.cio.com/article/405055/the-rise-of-the-data-lakehouse-a-new-era-of-data-value.html

    https://www.techtarget.com/searchdatamanagement/news/252523749/GridGain-Apache-Ignite-founder-talks-in-memory-databases

    https://www.datanami.com/2022/01/31/in-memory-tech-at-the-heart-of-digital-integration-hub/

    https://www.iotcentral.io/blog/how-in-memory-computing-with-htap-powers-iot

    https://vmblog.com/archive/2022/02/01/gridgain-systems-2022-predictions-distributed-clouds-and-digital-integration-hubs-take-center-stage.aspx#.ZAZ57S-B30o

    https://vmblog.com/archive/2022/02/02/gridgain-systems-2022-predictions-demand-ramps-up-for-processing-and-acting-on-data-at-the-edge-in-real-time.aspx#.ZAZ59i-B30o

    https://www.forbes.com/sites/forbestechcouncil/2022/01/18/16-expert-tips-to-help-businesses-optimize-their-data-analytics/?sh=32abd6f676d6

Attachments/Videos/Links:
GridGain Systems
URL www.forbes.com/sites/forbestechcouncil/2022/11/02/data-driven-enterprises-redefining-the-problem-statement/?sh=2eaa798543ba