SOURCE: Objectivity, Inc.

Objectivity, Inc.

January 30, 2014 08:00 ET

Objectivity, Inc. Reports Strong Growth in the First Half of FY14

SAN JOSE, CA--(Marketwired - Jan 30, 2014) - Objectivity, Inc. announced today that revenues increased 42% in the first half of FY14 over the same period a year ago. In addition, bookings were up 62% over the same period a year ago.

"We are very happy with the significant growth in our revenue and increased adoption of our products and technology. This is a great indicator of our strengths in the Big Data market as a leading enterprise technology," says Gary Lewis, CFO.

Recently acknowledged by Database Trends and Applications (DBTA) as Trendsetting Products of 2014, Objectivity/DB, an object oriented database and InfiniteGraph, a distributed graph database, have enabled the development of solutions for some of today's most complex, data-intensive problems in industries including telecommunications, networking, healthcare, government, manufacturing and finance.

"Our strength as a technology partner is highlighted by our maintenance and support renewal rate of 94% during the first half of FY14," states Jay Jarrell, CEO. "We are excited about the company's future potential and continue to support our customers' solution needs with improved performance, features and functionality to provide insight and value."

About Objectivity, Inc.

Objectivity, Inc. is the Enterprise Database leader of real-time, complex Big Data solutions. Our leading edge technologies: InfiniteGraph®, The Distributed Graph Database™ and Objectivity/DB®, a distributed and scalable object management database, enable organizations to develop scalable solutions to discover hidden relationships for improved Big Data analytics, develop new ROI opportunities and improve inter-departmental business processes to achieve greater return on data related investments.

Objectivity, Inc. is committed to our customers' success, with representatives worldwide. Our clients include: AWD Financial, CUNA Mutual, Draeger Medical, Ericsson, McKesson, NEC, Vodafone xone, Siemens and the US Department of Defense. Visit http://www.objectivity.com.

Contact Information

  • Press Contact:
    Patricia Stamos
    Director, Marketing
    408-992-7100
    Email Contact

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