DataArt Partners with GridGain to Offer Big Data Software Solutions

Partnership Delivers Superior Data Processing and Analytics Insight

NEW YORK – August 15, 2012 DataArt, a custom software development firm that builds advanced solutions for select industries, today announced a strategic partnership with GridGain, a real time Big Data software company. The collaboration will give DataArt clients the expert real time business data processing, data mining and MapReduce processing technology needed to address mounting data volumes.

Enterprises continue to seek new ways to effectively manage real time analytics, reporting and processing applications which uncover hidden correlations, earmark industry insights and drive competitive advantage. The collaboration with GridGain allows DataArt to provide its enterprise clients in financial services, travel and hospitality and green energy sectors with a combination of data analysis disciplines to recognize and respond to changing market dynamics. DataArt clients can tap into GridGain’s flexible JVM-based in-memory data platform for high performance computing to support both current and future real time data sets.

“We are very pleased to be partnering with DataArt,” said Jon Webster, Vice President of Business Development at GridGain. “DataArt’s domain expertise in building custom software solutions across capital markets, travel and hospitality, healthcare and other industries complements our products which are geared towards processing large volumes of high velocity data at very low latencies.”

The partnership opens new horizons for companies seeking cost effective, short time to market agile custom software solutions. Clients across industries can customize analysis for risk modeling, recommendation engines, ad targeting customer behavior, trade surveillance, point of sale, real-time sentiment and business intelligence. With GridGain’s unique in-memory data platform financial services offerings, implementation of pre-and post- trade compliance, trade capturing, scalable risk computation, and middle-tier data access is drastically simplified.

“Our clients constantly face exploding volumes of financial and business data but are hampered by data unstructured repositories and real-time computation scalability,” said Oleg Komissarov, SVP of Enterprise Solutions at DataArt. “GridGain’s sheer speed and ease of implementation means our clients can now prioritize and act on crucial market opportunities. Together we will work to define foundational necessities and architectures to sustain long-term Big Data solutions.”

About DataArt

DataArt (www.dataart.com) is a custom software development firm that builds advanced solutions for the financial services, healthcare, hospitality and other industries. Combining domain knowledge with offshore cost advantages and resource flexibility, DataArt develops industry-defining applications, helping clients optimize time-to-market and minimize software development risks in mission-critical systems. With an unrivaled talent pool of highly skilled software engineers in New York, London, Russia and Ukraine, DataArt provides the technical skill, accountability and industry knowledge needed to deliver custom applications on time and on budget.

DataArt clients include Standard & Poor’s, Harmonic Fund Services, Ogilvy, artnet, Panasonic, Cancer Research, Ocado, Charles River Laboratories, Betfair, Misys, leading asset management firms and three of the world’s top ten investment banks. http://www.twitter.com/DataArt

About GridGain

GridGain develops scalable, distributed, in-memory data platform technology for real time data processing. The company’s Java-based middleware products enable development of applications and services that can instantly access terabytes to petabytes of information from any data source or file system, distribute computational tasks across any number of machines, and produce results orders of magnitude faster than traditionally architected systems. GridGain’s customers include innovative web and mobile businesses, leading Fortune 500 companies, and top government agencies. The company is headquartered in Foster City, California. Learn more at www.gridgain.com and follow GridGain on Twitter @gridgain.

Media Contacts:

Laura Anderson
Articulate Communications
212.255.0080, ext. 11
dataart@articulatecomms.com

Jon Webster
GridGain Systems, Inc.
+1 (650) 241-2281, ext. 2011
jwebster@gridgain.com