Independent Research Firm Names GigaSpaces Technologies as a Leader in Elastic Caching

Since the independent evaluation, GigaSpaces technology continues to drive the market with recent launch of eXtreme Application Platform 7.1.1 release

New York, June 24, 2010 –GigaSpaces was named by Forrester Research, Inc. an independent research company, as a leader in the elastic caching platform space in its May 2010 Wave report, The Forrester Wave™: Elastic Caching Platforms, Q2 2010. Forrester further cites GigaSpaces as one of the companies credited with creating the elastic caching category, with “the longest presence in the distributed caching market” and "has refocused its efforts with a new product and a broader platform strategy.”

Forrester named GigaSpaces' flagship product, eXtreme Application Platform (XAP), an end-to-end in-memory middleware, as a leader among elastic caching solutions because of its strong distributed caching features, platform administration and management tools, performance and scalability features, and development tools, as well as its strong performance and scalability references.

 Forrester’s analysis of GigaSpaces is based on hands-on lab evaluations, vendor surveys, and customer reference calls.

 “Fortune 100 companies have been relying on our elastic caching technology as a critical part of their IT infrastructures for quite some time,” says Zeev Bikowsky, GigaSpaces CEO.

"We believe that Forrester's recognition of us as a market leader further cements our position in the industry."

 Since Forrester evaluated the 7.0 version of XAP, GigaSpaces launched 7.1 in April, and last week raised the bar even further by releasing version 7.1.1. This latest version further simplifies development, deployment, and operations for the enterprise, speeding up time-to-value of business applications, and increasing ROI.

XAP now offers out-of-the-box security integration with widely used security frameworks, as well as new monitoring and management capabilities that streamline operations. XAP enables enterprises to maximize utilization of next-generation IT technologies without the challenge of adapting to a new development environment or altering business processes. XAP’s enterprise-grade dynamic scalability and performance, with better manageability and increased simplicity enable enterprises to meet the most demanding business requirements at much lower cost, providing vastly reduced TCO.

About GigaSpaces
GigaSpaces Technologies is a leading provider of a new generation of application platforms for Java and .Net environments that offers an alternative to traditional application servers. Its flagship product, XAP 7.1, is an enterprise-grade application server for deploying and dynamically scaling distributed applications under any requirement.

GigaSpaces customers depending on our reliability and millisecond latency include dozens of Global Fortune 100/500 companies, including Soci?t? G?n?rale and British American Tobacco; six of the world's top 10 investment banks and financial services companies like Dow Jones; leading telecommunications carriers and eCommerce companies like Nortel and eBay; and five of the world's top online gaming companies and Internet media organizations. GigaSpaces was founded in 2000 and has offices in the United States, Europe, and Asia.

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