CeBIT, the world’s largest computer exhibition, just wouldn’t be complete without Software AG, the fourth largest software vendor in Europe. The German company and its subsidiaries brought some of their top executives to Hanover, including Robin Gilthorpe, recently appointed CEO of Terracotta.
Terracotta is a provider of in-memory technologies for enterprise big data, bought by Software AG in 2011. Our French colleagues talked to Gilthorpe about the growth of big data and the company’s relationship with Java. The CEO says the acquisition gave Terracotta access to capital, but more importantly, it gave it access to marketing and distribution channels which allowed for rapid growth.
Software AG has been making enterprise management software since 1969, but why did it buy Terracotta, a small (under 100 employees) software company, for something it defined only as “the midrange of double-digit millions of euros“?
After the acquisition, Terracotta’s technology was promptly integrated into the Software AG product stack and now powers the company’s cloud offerings.
In the video below, Gilthorpe talks about the company’s innovative BigMemory platform, the growth of big data, and explains why the company keeps Java as the development environment. He also provides more details about the upcoming In-Genius in-memory platform.
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