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Frost & Sullivan Recognizes GigaSpaces with the 2012 New Product Innovation Award for In-Memory Distributed Data-Grid Caching Solution
By: Business Wire
Jan. 14, 2013 09:00 AM
GigaSpaces Technologies, a pioneer of next-generation application platforms for mission-critical applications, today announced that it has received the prestigious 2012 North American New Product Innovation Award from Frost & Sullivan. The award recognizes GigaSpaces’ product XAP (eXtreme Application Platform), an efficient in-memory data-grid platform for fast, scalable, high-availability data access for applications as well as real-time event processing.
Frost & Sullivan conducted an extensive research on several in-memory data-grid technologies available on the market and selected GigaSpaces XAP as the highest-performing solution.
“GigaSpaces XAP provides the best alternative for enterprises to achieve faster data processing of applications and to improve the overall performance of the system,” said Swapnadeep Nayak, research analyst, Technical Insights at Frost & Sullivan. “XAP can seamlessly scale according to business needs, reduce latency of the system, and leverage benefits of storing data directly into the memory, all through a single platform. The innovative elements and great feature sets of XAP can prove to be a very effective tool to handle issues with large, real-time data processing for several application segments, such as mission-critical applications, financial applications, gaming applications and, most importantly, analytical applications for various industries.”
Criteria used by Frost & Sullivan to benchmark GigaSpaces Technologies’ performance against key competitors included:
“We are honored to receive such a prestigious award,” said Adi Paz, GigaSpaces EVP of Business Development & Marketing. “Having objective validation of the excellent feedback we’ve already received from customers about XAP’s capabilities, especially those related to processing massive data sets for real-time applications, confirms we are on the right path. We will continue to deliver solutions that keep ahead of enterprises’ need to deal with the continual, rapid increase of streaming data in the mission-critical aspects of their business.”
GigaSpaces Technologies is the pioneer of a new generation of application virtualization platforms and a leading provider of end-to-end scaling solutions for distributed, mission-critical application environments, and cloud enabling technologies. GigaSpaces is the only platform on the market that offers truly silo-free architecture, along with operational agility and openness, delivering enhanced efficiency, extreme performance and always-on availability. The GigaSpaces solutions are designed from the ground up to run on any cloud environment – private, public, or hybrid – and offer a pain-free, evolutionary path to meet tomorrow’s IT challenges.
Hundreds of organizations worldwide are leveraging GigaSpaces’ technology to enhance IT efficiency and performance, among which are Fortune Global 500 companies, including top financial service enterprises, e-commerce companies, online gaming providers and telecom carriers. For more information, visit http://www.gigaspaces.com, or our blog at http://blog.gigaspaces.com/.
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