Study Reports CACHÉ Post-relational Database Surpasses Oracle in Market Share
Cambridge, Mass. – January 12, 2005 – InterSystems Corporation today announced its CACHÉ post-relational database has the highest growth rate among the top ten products in the embedded database sector, according to a recently released report from IDC.
The leading database provider in healthcare and a significant player in other industry segments, InterSystems develops and markets the CACHÉ post-relational database and the Ensemble universal integration platform worldwide.
Fast Growth in Post-relational Database Segment
The new IDC report, “Worldwide Embedded Database Management Systems 2003 Vendor Shares, IDC Doc#32468, December 2004”, cites the post-relational database component as the fastest growing segment of the worldwide embedded database market, which grew by 11 percent to $1.128 billion in 2003. In addition to surpassing other market leaders with a growth rate of 38 percent, InterSystems outstripped Oracle to move into the number two slot for embedded database market share with revenues of about $141 million. “As IT systems move increasingly toward deployment of service-oriented architectures (SOAs)…CACHÉ stands to gain ground across the board going forward,” according to the report.
“This report reflects the strong growth we’ve seen for CACHÉ in multiple target markets,” says InterSystems vice president of strategic planning Paul Grabscheid. “Rapid development and deployment capabilities combined with strong SOA support and minimal, if any, database administration requirements make CACHÉ very attractive to CIOs as well as to our application partners. These competitive differentiators are clearly resulting in a growth trend as customers focus on maximizing ROI for IT investment.”
Headquartered in Cambridge, Massachusetts, InterSystems Corporation (www.InterSystems.com) has served the needs of IT organizations and independent software vendors for more than two decades. InterSystems’ showcase products, the CACHÉ post-relational database and the Ensemble universal integration platform, enable the rapid creation and fast integration of high-performance applications.
Over four million people use mission-critical applications based on InterSystems’ software. Twenty regional offices serve application developers and integrators around the world, and 24 x 7 support is provided for all InterSystems products.
A free, fully functional, no-time-limit copy of CACHÉ can be downloaded or requested on CD from the InterSystems Web site.
Trademark Notes: Caché is a trademark of InterSystems Corporation. Other trademarks belong to their respective owners.
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