EnterpriseDB Closes 2012 With Record 62% Sales Growth
EnterpriseDB, the leading worldwide provider of enterprise-class PostgreSQL products and Oracle database compatibility solutions, today announced 2012 closed with a record 62 percent increase in sales on a customer base that now numbers more than 2,000 companies. What's more, EnterpriseDB saw an 82 percent increase in recurring subscription-driven revenue, reflecting the long-term commitments that customers are making to Postgres and EnterpriseDB.
EnterpriseDB's success comes as global brands increase their recognition that Postgres reliably meets their database needs, and at a fraction of the cost of traditional databases. Highly scalable and packed with advanced, enterprise-class features and capabilities, Postgres is replacing Oracle or is being deployed in lieu of expanding Oracle at some of the world's largest companies. EnterpriseDB counts 32 of the Fortune 500 list of global companies and 47 of the Global 1000 among the 600 new customers added in 2012. These companies include one of the three largest brands in global hosting, security software and government contractors. Globally recognized brands in banking, insurance and telecom have also made significant investments in Postgres with EnterpriseDB.
"Demand for Postgres has been rising exponentially as more and more enterprises realize its business value and technical depth," said Ed Boyajian, CEO and President of EnterpriseDB. "We have also continued to expand the ecosystem of database features, support, training and tools that database administrators need to manage large deployments. 2012 was a remarkable year for our company and we look forward to continuing our promise of delivering exceptional Postgres products and services for our partners and customers."
Other key developments for the company from the past year include:
- Expanded the ranks of community Postgres expertise at the company with the hire of Kevin Grittner, a committer. He joined EnterpriseDB's dedicated team of PostgreSQL community contributors. The company increased total employee headcount by 12 percent to meet the surging demand of Postgres.
- Expanded its partnership with HP by making the Postgres Plus Cloud Database available on HP Cloud Services and giving developers access to a Postgres database that is point-and-click simple to set up and manages scaling automatically.
- Deepened relationship with KT Corporation on their deployment of Postgres Plus Advanced Server for non-mission critical needs.
- Recognized as a "Strong Performer" and leader in the category in the Forrester Wave: Enterprise Cloud Database Q4 '12. Achieved top ranking (4th place) for second consecutive year in the industry's popular Future of Open Source Survey.
Key Product Highlights: