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ciobulletin gridgain abe kleinfeld president ceo

GridGain Systems: Transforming Big Data into Fast Data with In-Memory Computing

In-Memory Computing, the storage of information in RAM of dedicated servers, is gaining popularity among many tech companies recently. It helps businesses analyze massive data volumes and perform operations quicker than ever before. In-Memory Computing is exceptionally faster than the traditional computing that involves databases operating on slow disk drives. While this innovation is gaining momentum amongst large businesses, GridGain Systems comes to the rescue with the first-ever enterprise-grade in-memory computing platform. The 2007-founded company is headquartered at Foster City, California.

GridGain – The Great Transformer of Big Data

The GridGain In-Memory Computing platform addresses today’s many Big Data challenges including high-volume transactions, real-time analytics and hybrid transactional/analytical processing (HTAP). The clientele of GridGain Systems is spread across various business sectors and majorly includes Financial Services, Fintech, Software, E-commerce, Retail, Telecom, Online Business Services and Healthcare. GridGain, with the support of its many investors, thus far, has successfully collaborated with Barclays, ING, Sberbank, Microsoft, IBM, Huawei, RingCentral, Newegg, Finestra, Advent, Workday, and E-Therapeutics.

GridGain Systems is the brain behind the In-Memory Computing Summit for North America and Europe regions. The Summit which focuses on IMC related technologies and solutions is taken up by hundreds of thousands of technology and business decision makers, architects, CTOs, developers, and others. The meet doesn’t only educate and influence decisions of IMC aspirants, but it also serves a stage for many vendors to showcase their Big Data, Fast Data, IMC, IoT, and other technology solutions.

GridGain received several awards and recognition from leading organizations including the American Business Awards, Database Trends & Applications, AlwaysOn, Red Herring, and Gartner. The GridGain Solution which was recently recognized as one of the Top 50 Most Valuable Brands of the Year was Gartner’s Cool Vendor of IMC Technologies in 2014. The company which is termed as one of the Fastest Growing Private Companies by America’s Inc. 500, Silicon Valley Business Journal, Bay Area and others has won several American Business Awards in multiple categories.

The GridGain In-Memory Computing and the GridGain Cloud

In-Memory Computing, the power that transforms Big Data into Fast Data, is crucial to businesses generating high volumes of data. GridGain, the sole provider of an IMC platform, help overcome the slow and expensive data analysis techniques. In-memory computing platforms such as the GridGain In-Memory Data Fabric offer data grid and compute grids within a distributed cluster of server nodes. The Big Data entering the GridGain IMC platform can be queried at in-memory speeds, thus reducing the query processing time from hours to seconds. Furthermore, the IMC platform can also be scaled to integrate any number of cluster nodes. By unleashing the power of all CPUs in the cluster, the massive parallel processing will greatly help accelerate the analytics process. Also, the GridGain In-Memory Accelerator for Hadoop can be instilled in any Hadoop deployment to accelerate Hadoop queries.

It is fast and easy to manage cache data with GridGain Cloud’s distributed In-Memory data caching solution. Give it a few minutes and a couple of clicks, the GridGain Cache is deployed and ready. The GridGain service can then be monitored and managed from a central console. The GridGain Cloud is a PaaS Solution, and unlike other common Cloud Caching solutions, it improvises on the ease of use with a powerful SQL API. By using SQL or key-value pairs with GridGain Cloud you can create, read, update and delete data from anywhere. It’s that easy! With the infusion of AI, the IMC platform creates a continuous learning framework. It clearly is a winner compared to the GridGain Cloud which is in Beta and has a limited set of features.

The GridGain Gaffer – Abe Kleinfeld

Abe Kleinfeld, the President and CEO of GridGain since 2013, has transformed the company into a leading open-source IMC platform provider. Under his leadership, the company has averaged triple-digit annual sales growth and rose $16M in Series B venture financing. Prior to joining GridGain, Abe was president & CEO of nCircle, the Network Security Leader. Before nCircle, Abe was president & CEO of Eloquent, a leading provider of rich media communications solutions. Mr. Kleinfeld, a Computer Science graduate from the State University of NY at Oswego, has spent at least four decades of his career life to guide these organizations to triumph from its early stages. With Mr. Kleinfield’s unalterable support, GridGain will continue to add many golden feathers, like the IMC Summit, in its crown.

“We enable data-intensive applications to scale out to hundreds of millions of transactions per second and petabyte of in-memory data by significantly reducing the query times, and without changing the data or application layers.”

 “GridGain is rapidly emerging as a leading software platform for enabling the digital enterprise.”

“GridGain is also embedded in a growing number of widely-adopted enterprise applications from major software vendors. Combined, GridGain is in use by nearly half of the Fortune 500.”

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