StrikeIron Continues to Build Momentum as Consumption of Data as a Service
Grows
Revenue more than doubles as over 250 customers add to first
quarter growth
Research Triangle Park, NC – April 15, 2008 – StrikeIron, Inc., the leader in
providing innovative solutions for delivering data over the Internet, today
announced it continues to realize significant growth as the demand for quality
data in the enterprise rises. In the first quarter of 2008, StrikeIron added
more than 250 new customers bringing its total customer base to 1,500 and grew
revenue by 234 percent over first quarter 2007 figures.
“Our growth indicates that the market is reaching its tipping point. StrikeIron
is poised to deliver high business value services to companies looking to
innovate their businesses,” said Dave Linthicum, CEO of StrikeIron. “StrikeIron
brings the value of the next generation Web to businesses today, and they are
seeing a huge ROI when leveraging StrikeIron. This trend will only accelerate
in 2008.”
As the most advanced provider of delivering Data as a Service StrikeIron removes
the complexity involved in managing diverse data formats from multiple data
sources and provides data consistently and in exactly the format that can be
best utilized by the customers Web sites, business processes and applications.
Developers and business users now have the ability to build core applications
by mixing and matching services that are loosely coupled, using the Web as the
delivery platform and creating frictionless access to business data critical to
running a business.
StrikeIron’s growth can be attributed to the following key industry changes:
-
Larger Enterprises Embrace Data as a Service:
As more enterprises embrace Service Oriented Architecture (SOA), more data is
being consumed as a service by eCommerce sites, business applications and
enterprise mashups.
-
Expansion of The Web Services Marketplace:
StrikeIron has added new services for Business Intelligence, eCommerce,
Financial Applications as well as sports-specific offerings from data providers
such as Gale, Wall Street Horizon, Midnight Trader and The Sports Network.
-
Emergence of Stronger Mashup Tools:
StrikeIron Web Services can be easily integrated with any of the following
players in the mashup space Serena, Ratchetsoft, Kapow, JackBe, IBM, Dapper and
Apatar, making it easier to add and consume data as a service.
-
Data Cleansing Applications embrace DaaS: StrikeIron has also
seen an increase in its Service Bureau offerings where more companies use Data
as a Service for verifying, correcting and enhancing a company’s current
records.
”StrikeIron’s Sales and Use Tax Web service was easily integrated with our
E-Commerce system, ” said Brad Wymore, E-Commerce Manager of US Playing cards,
makers of Bicycle playing cards. “StrikeIron keeps up with the tax information
so we can concentrate on delivering the best products to our customers, not
spend time downloading and integrating tax tables each month.”
The value of using the Web as a platform to deliver timely, accurate information to
enterprise applications is being realized,” said Bob Brauer, president and
founder, StrikeIron. “We are pleased that we continue to reduce complexity,
increase opportunity and deliver tangible value to our current customers and
look forward to building lasting, beneficial relationships with new customers
who are turning to StrikeIron to achieve their business goals of frictionless
access to a broad range of data and Web services.”
About StrikeIron
StrikeIron is the leader in providing innovative solutions for delivering data
over the emerging Internet. The company’s innovative Web Services Marketplace
provides a technology platform, micro-transaction management and a consistent
interface across many XML-based Web services from multiple, diverse sources.
This allows business users, application developers and enterprise IT
professionals to customize and integrate external data sources and additional
external functionality into enterprise, Web, and composite applications.
Currently, StrikeIron provides over 100 live data sources and business
functions from organizations such as Cortera, D&B, Gale, MapQuest, Midnight Trader,
Tax Data Systems, The Sports Network, and Zacks.
StrikeIron also offers IronCloud™, the only comprehensive Web services delivery
platform that opens up new channels for data distribution and consumption
through Web Services. Enterprises of all sizes can now reduce the cost and
complexity of managing the challenges of data distribution which include
leveraging an existing external hardware and software architecture, controlling
and metering access and usage, external monitoring for 24x7 reliability, full
usage analytics, as well as multiple authentication scenarios and instead
concentrate their focus on making information easier for partners, customers,
and distributed business units to access and use. StrikeIron delivers value to
over 1,500 customers and partners such as Avaya, BEA, Delivery.com, IBM, Honda
Europe, D&B, Siemens, Nike, Swarovski, ShoeBuy, and Exclusive Resorts. For
more information, visit www.strikeiron.com.
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