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The Gartner Worldwide IT Spending Forecast predicts that spending in the enterprise software market will hit $335bn in 2015, a 5.5 percent increase on 2014. This growth will be driven by lower prices and vendor consolidation of software, as providers of cloud-based Software-as-a-Service (SaaS) offerings compete with vendors of traditional software for the attention of IT decision makers.
“Enterprise customers and application vendors have built their business on 1980s traditional databases,” stated Barry Morris, NuoDB President and CEO. “Now they are looking to NuoDB for a next generation SQL database solution that is architected to exploit the promise of next generation data centers and cloud computing.”
“I am very familiar with the EMEA market from my tenure as CEO of IONA Technologies, when we grew the company to be a top 5 European software vendor,” continued Morris. “The extraordinary degree of EMEA interest I see in NuoDB puts us in an similarly advantageous position for success in the region,” concluded Morris.
Customer Wins Fuel Expansion
Today, NuoDB also announced customer wins in both the United Kingdom (UK) and the United Arab Emirates (UAE):
UAE Exchange, headquartered in Abu Dhabi, offers money transfer, a foreign currency exchange, remittance, and related financial services. The company is a major player in these segments with over 725 branches in 32 countries serving 7.9 million customers. UAE Exchange handles 6.1% of the world’s total remittances.
1E is a leader in IT Cost Optimization, headquartered in London, with regional offices in New York and New Delhi. 1E has more than 26 million licenses deployed worldwide, and 1,700 organizations in 42 countries trust 1E to find and deliver savings from their IT infrastructure.
UAE Exchange an 1E join an established customer roster of NuoDB customers that includes Paris-based Dassault Systèmes, the second largest software vendor in Europe, and over 3,500 development organizations throughout EMEA.
