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Wednesday, January 12, 2005

InterSystems' Growth Rate in Worldwide Embedded Database Market Highest Among Top Ten Vendors

InterSystems' Growth Rate in Worldwide Embedded Database Market Highest Among Top Ten Vendors

Study Reports CACHE Post-relational Database Surpasses Oracle in Market Share

CAMBRIDGE, Mass., Jan. 12 /PRNewswire/ -- InterSystems Corporation today announced its CACHE 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 CACHE 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) ... CACHE stands to gain ground across the board going forward," according to the report.

"This report reflects the strong growth we've seen for CACHE 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 CACHE 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."

About InterSystems

Headquartered in Cambridge, Massachusetts, InterSystems Corporation ( http://www.intersystems.com/ ) has served the needs of IT organizations and independent software vendors for more than two decades. InterSystems' showcase products, the CACHE 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 CACHE can be downloaded or requested on CD from the InterSystems Web site.


Source: InterSystems Corporation

CONTACT: Editorial, Tiffany Knight of Shoor & Company, +1-803-699-0710,
or tknight@shoorpr.com ; or Maureen Flaherty of InterSystems, +1-617-621-0600,
or flaherty@intersystems.com

Web site: http://www.intersystems.com/


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