SOURCE: Zoomdata

February 09, 2016 07:00 ET

Zoomdata's Exponential Growth Driven by Enterprise Demand for Big Data Visual Analytics

Company Adds Dozens of New Customers, Grows ARR by 11X Year Over Year

REDWOOD CITY, CA--(Marketwired - Feb 9, 2016) - Zoomdata, developers of the world's fastest visual analytics solution for big data, today announced that annual recurring revenue (ARR) bookings grew more than 11X compared to the previous year, adding 35 new enterprise customer accounts -- including Cisco, Deloitte and Markerstudy among others.

"This was truly a milestone year for Zoomdata at a time when legacy BI vendors have been struggling to adapt to changing requirements in the industry," said Justin Langseth, CEO of Zoomdata. "In a world of big data, disparate data sources and demand for real-time and historical visual analytics, we offer a unique and compelling solution that is proven in both embedded applications at petabyte scale in public clouds and standalone in some of the world's largest data centers."

While the market for traditional BI tools continues to decelerate, adoption of solutions that can support the emerging modern data architecture at scale is exploding. More and more enterprises are beginning to see the competitive advantages of looking beyond their constrained legacy BI solutions to leverage the business benefits of big data in a market forecasted to exceed $60 billion by 2020*.

Zoomdata is the first Big Data Analytics solution natively architected for both cloud and on premises deployments using an optimized microservices approach that delivers visual analysis of big data sets in seconds. In 2015, according to Forrester Research, 36% of data and analytics decision-makers reported their firm had implemented streaming analytics.** Zoomdata's patented Data Sharpening™ technology delivers the industry's fastest visual analytics for real-time streaming or historical data, while Zoomdata Fusion enables the joining of big data with other modern and traditional datastores -- without the need to move or transform data.

Zoomdata's success in 2015 includes the following milestones:

Try out Zoomdata on a billion rows of data in our interactive demo environment, or learn how Markerstudy won the Data Impact Award by attending the upcoming Webcast, Big Data Visual Analytics In Action: Increasing Revenue and Reducing Risk, on March 2 at 10 am Pacific!

About Zoomdata, Inc.
Zoomdata develops the world's fastest visual analytics solution for big data. Using patented data sharpening and micro-query technologies, Zoomdata empowers business users to visually consume data in seconds, even across billions of rows of data. Zoomdata Fusion enables interactive analytics across disparate data sources, bridging modern and legacy data architectures, blending real-time streams and historical data, and unifying enterprise data with data in the cloud. Delivered in a micro-services architecture for elastic scalability, Zoomdata runs on premises, in the cloud or embedded in an application. With offices in Chicago, IL, New York, NY, Redwood City, CA and Reston, VA, Zoomdata is venture-backed by Accel Partners, Columbus Nova Technology Partners and NEA.

*Source: Executive Summary: Big Data Vendor Revenue and Market Forecast, 2011-2026.
**Source: Forrester Research, "TechRadar™: Big Data, Q1 2016 Big Data Is Critical Technology For Insights-Driven Businesses." February 2016

Contact Information

    Lonn Johnston for Zoomdata
    +1 650.219.7764