Kapow Software's Record Quarter Driven By New Market Need to Consumerize Big
Data Now, Not in 24 Months
Big data integrator signed dozens of new contracts with market leaders such as
Autodesk, EMC, John Deere, Pricewaterhouse Coopers, SuccessFactors and Warner
Bros. during last quarter
PALO ALTO, Calif., Jan. 31, 2013
PALO ALTO, Calif., Jan. 31, 2013 /PRNewswire/ -- Kapow Software, a leading
innovator in the big data integration market, today announced its second best
quarterly bookings in the company's history with new subscriptions to its
Kapow Katalyst Big Data Integration platform rising more than 57 percent
quarter over quarter compared to Q1-FY2013, ending September 30, 2012. In
addition, Kapow Software achieved historical highs with a 96 percent customer
renewal rate and its highest-ever average selling price, up 30 percent year
The company's biggest Q2 revenue drivers were based on market need to
consumerize big data in three key categories that customers struggle with
today: transforming big data to actionable intelligence (Web intelligence),
business process automation and content integration. Business leaders realize
the potential of big data to create competitive differentiation and enable
sales and marketing teams to drive topline growth. They simply don't have the
luxury of waiting for IT departments to figure out long-term strategies such
as Hadoop Data Warehousing that can take up to two years to research and
"No matter what industry they're in, our enterprise customers are constantly
telling us they need big data solutions that deliver now, not in 24 months,"
says John Yapaola, CEO of Kapow Software. "They need to rapidly generate
custom, automated research across a complex web of internal and external data
sources that deliver valuable business insights in real time. From competitive
pricing checks, brand monitoring and regulatory compliance to automation of
manual processes and transactions across legacy, cloud, email, partners and
suppliers. Companies of all kinds are now laser focused on creating
efficiencies and margins to scale the business and drive topline growth."
As the complexity and volume of unstructured data grows, so does the need to
marry internal and external data to enable corporate leaders to move forward
and make decisions today. With Kapow Software, business leaders can manage the
collection and integration of legacy, cloud, social and big data and visualize
the results, extract value and take action. Its powerful, intuitive platform
delivers significant value without massive investments in data warehousing and
Kapow Software's ability to consumerize big data is now being recognized more
broadly. Using Kapow Katalyst, customers can create a "synthetic API" where no
API currently exists. Whereas a traditional API is created and published by
the owner of the application, Kapow Software's platform can create an API with
similar functionality when an API doesn't already exist or as a complement to
existing API functionality. Often, using a synthetic API generated by Kapow
Katalyst is faster and easier than working with existing APIs and can
significantly accelerate time to value for big data investments.
About Kapow Software
Kapow Software is a leading innovator in the big data integration market with
its intuitive, powerful integration platform that harnesses the power of
legacy, cloud, social and big data. Its Kapow Katalyst integration platform
helps modernize the workplace, increase agility and improve business results.
Kapow Software is trusted by hundreds of large global enterprises, including
Audi, Intel, Fiserv, Deutsche Telekom and more than a dozen federal agencies.
For more information, please visit: www.kapowsoftware.com.
SOURCE Kapow Software
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