Redis Enterprise Addresses the Growing Need for a Multi-model Database Companies Require to Deliver instant Customer Experiences
Mountain View, Calif., November 16, 2018—Redis Labs, the home of Redis and provider of Redis Enterprise, today announced for the second consecutive year it has been named to Deloitte’s North America Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and energy tech companies in North America. The company ranked 126th overall, outpacing the median revenue growth of 412 percent for the software sector.
Redis Labs co-founder and CEO, Ofer Bengal, credits the growing need for a database that powers enterprises of all sizes and across all industries to deliver the instant customer experience as the driving force behind the company’s impressive growth trajectory. Bengal adds, “It is crucial for every enterprise managing and operating in the cloud, on-premises or hybrid setting to deliver a fast experience. These businesses are increasingly choosing Redis Enterprise as the database for their new applications because we offer what others cannot – the instant experience.”
“Congratulations to the Deloitte 2018 Technology Fast 500 winners on this impressive achievement,” said Sandra Shirai, vice chairman, Deloitte LLP, and U.S. technology, media and telecommunications leader. “These companies are innovators who have converted their disruptive ideas into products, services and experiences that can captivate new customers and drive remarkable growth.”
“Software, which accounts for nearly two of every three companies on the list, continues to produce some of the most exciting technologies of the 21st century, including innovations in artificial intelligence, predictive analytics and robotics,” said Mohana Dissanayake, partner, Deloitte & Touche LLP, and Industry Leader for technology, media and telecommunications, within Deloitte’s audit and assurance practice. “This year’s ranking demonstrates what is likely a national phenomenon, where many companies from all parts of America are transforming the way we do business by combining breakthrough research and development, entrepreneurship and rapid growth.”
About Deloitte’s 2018 Technology Fast 500™
Deloitte’s Technology Fast 500 provides a ranking of the fastest growing technology, media, telecommunications, life sciences and energy tech companies — both public and private — in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2014 to 2017.
In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company’s operating revenues. Companies must have base-year operating revenues of at least $50,000 USD, and current-year operating revenues of at least $5 million USD. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.
About Redis Labs
Modern businesses depend on the power of real-time data. With Redis Labs, organizations deliver instant experiences in a highly reliable and scalable manner. Redis Labs is the home of Redis, the world’s most popular in-memory database, and commercial provider of Redis Enterprise that delivers superior performance, matchless reliability and unparalleled flexibility for personalization, machine learning, IoT, search, ecommerce, social and metering solutions worldwide.
Redis Labs, ranked as a leader in top analyst reports on NoSQL, in-memory databases, operational databases, and database-as-a-service, is trusted by over 8,500 enterprise customers, including six Fortune 10 companies, three of the four credit card issuers, three of the top five communication companies, three of the top five healthcare companies, six of the top eight technology companies, and four of the top seven retailers.
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