Solving Speed and Scale problems while reducing IT ownership costs.
Gigaspaces is one of the most mature in-memory computing platforms in the markets place.
Gigaspaces has been around for 20 years and being a market leader our clients include Goldman Sachs, Bank of America, American Airline, Avanza Bank, the PSA group (Owners of Peugeot) to name a few. Gigaspaces is partially owned by Intel and cashflow positive.
In addition to being mature, Gigaspaces in-memory platform, Insight Edge is one of the most feature rich platforms in the market place, its ability to handle any data structure type and be easily be deployed.
COVID-19 has created two unique and opposite business problems for companies.
The first is demand overload and stretch IT systems. Financial and trading companies like Goldman Sach, Morgan Stanley, IG and Plus 500 have seen volatility spike there trading volumes stretching their IT infrastructure. Additionally companies like Ocado and Waitrose websites have a waiting of 3 hours as they are unable to manage their demand spike.
We call this problem a speed and scale problem. Gigaspaces is able to address this problem with an out of the box solution. Our Insight Edge Product is specifically designed to manage these demand spikes.
The second issue company facing is the complete evaporation of demand for example airlines, clothing retail. Many of these companies are running on old main frame systems like Oracle servers and IBM DB2. We can bring down these cost with a quick switch over option. Some examples of saving delivered to customers are:
– Mainframe -Save up to 85% on costs incurred with IBM DB2
– Hadoop-Reduce footprint by up to 70%
– CapEx/OpEx -Save to 25% an OPEX and up to 40% on CapEx for DB licenses including Oracle and MongoDB
– Oracle and IBM – Lower application costs such as Oracle WebLogic and and IBM Websphere by 30%
Gigaspaces is the most feature rich and stable in memory platform in the market place. It is easily deployed without need to rip and replace your current IT architecture.
If you have a question or want to reach out to any of the companies, please contact us:
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