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22 May 2012
RainStor Edges Over 2000 Entrants Worldwide to Earn Prestigious Finalist Recognition in Award’s Software/Cloud Computing Category
San Francisco, CA, May 21, 2012 — /BackupReview.info/ — RainStor, provider of a database for Big Data management, today announced that it has been named a 2012 finalist in the prestigious TiE50 Awards, a highly influential list of the most innovative and promising startup companies worldwide. The TiE50 judging process included meticulous screening and evaluation by forty prominent entrepreneurs, venture capitalists, corporate executives and other domain experts, as well as voting by the wider segment community.
RainStor was picked from a pool of 2100 entrants as one of 131 finalists that competed in this year’s competition, comprising a list of some of the most visionary and market-aware startups to date. The recognition of RainStor as a “Software/Cloud Computing” offers further validation in the company’s status as a leading industry provider of Big Data management solutions.
As the first enterprise database running natively on Hadoop, RainStor Big Data Analytics on Hadoop enables faster, more flexible analytics on multi-structured data, without the need to move data out of the Hadoop environment. Built on RainStor’s patented database technology and proven experience managing complex data environments, RainStor Big Data Analytics on Hadoop combines industry-leading compression – up to 40x – along with 10-100x faster analytics. The solution provides the ability to conduct high-performance analytics at scale, allowing customers to meet their growing Big Data challenges without the premium cost of a traditional data warehouse.
“This recognition by TiE comes at a time when Big Data projects are top of mind for large enterprises. As data growth rates continue to rise and business users demand more value from transactions and interactions, companies want to take advantage of better managing multi-structured data to gain better business insights. Hadoop adoption is on the rise too as it enables low cost scale and more flexible analytics. RainStor is squarely focused on extending the value of Big Data for the enterprise and we are honored to be publicly acknowledged as a valuable part of the Hadoop ecosystem,” said John Bantleman, CEO of RainStor.
Follow RainStor on Twitter – twitter.com/#!/Rainstor
RainStor is a privately held company with offices in San Francisco, USA and Gloucester, UK. For more information, visit the website. Join the conversation at twitter.com/rainstor
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