PRZOOM - /newswire/ -
St. Louis, MO, United States, 2011/03/22 - Appistry announced that it has been chosen by AlwaysOn as an OnDemand Top 100 winner in the “Cloud Application Platforms” category.
Inclusion in the OnDemand 100 signifies leadership amongst its peers and game-changing approaches and technologies that are likely to disrupt existing markets and entrenched players. Appistry was specially selected by the AlwaysOn editorial team and industry experts spanning the globe based on a set of five criteria: innovation, market potential, commercialization, stakeholder value and media buzz.
“As the digital information created by businesses continues to explode at astronomical rates, the need to store, manage, socialize and share this information is becoming extremely challenging,” says Tony Perkins, founder and editor of AlwaysOn. “By providing innovative technologies that help enterprises better compete in this new era of information complexity and move their data out into the cloud, the OnDemand 100 represent some of the highest-growth opportunities in the private company marketplace.”
The OnDemand 100 winners were selected from among hundreds of other technology companies nominated by investors, bankers, journalists and industry insiders. The AlwaysOn editorial team conducted a rigorous three-month selection process to finalize the 2011 list.
Appistry's flagship CloudIQ Platform applies cloud architectures to the data storage and processing challenges associated with large-scale analytics. CloudIQ enables "computational storage," which dynamically migrates application workloads to relevant data, unifying the two and eliminating the gap that traditionally divides them. As a result, Appistry customers are able to quickly turn raw data into meaningful, actionable intelligence—faster, better and cheaper than ever before.
“The theme of this year’s OnDemand 100 is timely in its recognition of the ‘data deluge’ many organizations face today. To effectively deal with all this data—both to process it and to store it—requires a platform that’s purpose built to the task,” said Kevin Haar, Appistry chief executive officer. “That’s exactly what we’ve delivered with CloudIQ Platform: a highly scalable platform for analytical and data-intensive applications that allows our customers to both innovate more quickly and reduce costs.”
Appistry (appistry.com) and the OnDemand Top 100 companies will be honored at AlwaysOn’s OnDemand event on March 28th, 2011, at Hewlett-Packard’s Worldwide Headquarters in Palo Alto, CA. A full list of all the OnDemand Top 100 winners can be found on the AlwaysOn website.