|[March 25, 2014]
MarkLogic Poised for Continued Growth as the Industry Leader in NoSQL Marketplace
SAN CARLOS, Calif. --(Business Wire)--
Corporation today announced that growth in new markets including
Japan and Europe, steady customer acquisition, strategic partner
relationships and industry recognition, has further propelled the
company into the leadership position within the NoSQL database market.
MarkLogic finished its fiscal year 2014, which ended January 31, with
record financial results and in addition, introduced its most
full-featured enterprise platform to date, MarkLogic® 7.
The highlights from the year include:
Most profitable year, with record license, consulting bookings and
trend setting maintenance renewal rates that resulted in solid
Delivered MarkLogic 7 - the most powerful, feature-rich Enterprise
NoSQL database platform, which includes industry-first elasticity,
Tiered Storage, and Semantics capabilities
Continued market expansion with the steady addition of new customers
and partners in Japan, Europe and the United States, across new
Introduced new pricing and packaging, a free developer license and
cloud-ready hourly pricing for Amazon Web Services (News - Alert)
In April, raised $25 Million in new capital to increase go-to-market
capacity and global expansion
"The company's sustained momentum confirms the market's confidence in
our products as well as our commitment to customers and partners.
Partnerships in EMEA and Asia Pacific are driving expansion into new
markets across the globe," said Gary Bloom, CEO of MarkLogic Corporation.
"We've focused our resources developing MarkLogic 7, the most
comprehensive enterprise NoSQL database platform on the market, which
solidified our position as a leader. We continue to improve and enhance
our platform with new enterprise features and search capabilities to
further differentiate ourselves from the competition and provide
customers with the industry's best Enterprise NoSQL database platform
for solving the most complex data integration challeges."
In addition, the company engineered MarkLogic® Semantics into its
database platform, which helps customers gain better insight from their
data, and in turn allow them to deliver the most comprehensive,
contextually-relevant information to users. The MarkLogic 7 platform has
also been made available on the Amazon Web Services Marketplace - making
it the industry's only Enterprise NoSQL database that includes search
and application services engineered to harness the benefits of AWS, at
an affordable price.
"After we digitized and converted over 1 million pages of written word
and chemical formulae into XML we realized we needed to get more out of
the XML we'd been creating to expand and develop new products and
services. It was obvious a relational database model would not fit our
needs," said David Leeming, strategic innovation group solutions manager
at the Royal Society of Chemistry. "MarkLogic is more than just a
NoSQL database, it has an extremely powerful search engine to enable
logical associations between different types of content, helping us
launch new online journals very quickly and grow our publishing output
from 6,000 articles a year to over 30,000 a year today."
MarkLogic received many industry accolades during the last year. The
company was favorably positioned in Gartner's (News - Alert) "Magic
Quadrant for Operational Database Management Systems,"1
published in October 2013. In addition, MarkLogic was the only
enterprise NoSQL database vendor featured in the report that integrates
search and application services. The company was also recognized in the
April 2013 "Gartner
Magic Quadrant for Enterprise Search,"2- the only company
to have the same product featured on both reports. Other accolades
include the 2013 Computerworld Honors Laureate, by IDG's Computerworld
Honors Program. The annual award program honors visionary applications
of information technology promoting positive social, economic, and
educational change. Furthermore, MarkLogic was selected as one of the
2013 Red Herring (News - Alert) 100 Global Winners - recognized as a leading global
private company and an innovator in the technology industry.
Major companies across a variety of industries and around the globe are
avidly adopting MarkLogic® Enterprise NoSQL database platform, including
BBC, Dow Jones, McGraw-Hill Financial, Press Association, Federal
Aviation Administration (FAA), Centers for Medicaid and Medicare (CMS),
National Archives and Records Administration (NARA), U.S. Department of
Agriculture (USDA) and six of the top ten global banks rely on MarkLogic
for transactional operations.
For more than a decade, MarkLogic has
delivered a powerful, agile and trusted Enterprise NoSQL database
platform that enables organizations to turn all data into valuable and
actionable information. Organizations around the world rely on
MarkLogic's enterprise-grade technology to power the new generation of
information applications. MarkLogic is headquartered in Silicon Valley
with offices in Chicago, Frankfurt, London, New York, Tokyo, Utrecht,
and Washington D.C. For more information, please visit www.marklogic.com.
MarkLogic is a registered trademark of MarkLogic Corporation in the
United States and/or other countries.
*Other names and
brands may be claimed as the property of others.
1 Gartner Magic Quadrant for Operational Database Management
Systems by Donald Feinberg, Merv Adrian, Nick Heudecker, October 21, 2013
2 Gartner Magic Quadrant for Enterprise Search, Whit Andrews,
Hanns Koehler-Kruener, April 25, 2013
[ Back To Business Performance Management's Homepage ]