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ParAccel Selected as a "Hot 100 Best Privately Held Software Company" by JMP Securities(May 22, 2012)
CAMPBELL, CA -- (Marketwire) -- 05/22/12 -- ParAccel, Inc., a leading enterprise analytic platform provider, today announced it has been chosen by JMP Securities as a "Hot 100 Best Privately Held Software Company." ParAccel was selected based on its success in helping companies deliver big data analytics across their enterprise on ParAccel's analytic database platform.
The Hot 100 list is compiled by senior software analysts Pat Walravens, Greg McDowell, and Peter Lowry at JMP Securities, a San Francisco-based, full-service investment bank. The report is published annually to highlight some of the best private companies in the software industry.
The Hot 100 list is selected each year based on the evaluation of multiple criteria, including financial growth, products and services, quality of leadership, customers and market potential. As a leading provider of big data analytics, ParAccel aligns with all four of the report themes: SaaS, big data, mobility, and social platforms.
"ParAccel is pleased to be included in The Hot 100," said Chuck Berger, chief executive officer of ParAccel. "The speed of growth and innovation we are experiencing this year speaks to the growing demand for big data analytics. Our customers continue to push the bounds of unconstrained analytics with new analytic applications. The credit goes to our team of more than 100 talented, innovative, and motivated people here at ParAccel. The recognition from JMP, a thought-leader in financial analysis, is invaluable for our company."
To gain a competitive advantage in a fast paced, data-driven world, companies need immediate answers to any business question they decide to ask. As the leading analytic platform provider, ParAccel accelerates analytics and opens the door for companies to accelerate, innovate and compete. ParAccel Analytic Platform is an analytic database surrounded by extensibility and integration technology as a foundation for running big data analytics, anytime, anywhere. ParAccel's Fortune 1000 customers, in digital media, retail, financial services, healthcare and government, are testing the bounds of unconstrained analytics with the most prolific, most powerful, most expansive analytic platform in the world. For more information please contact us at [email protected] or 866-903-0335.
Eastwick for ParAccel
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