Scalefree Sees A Strong End To 2017 As Data Vault 2.0 Aims To Redefine The Big Data Space

As the success of Data Vault 2.0 continues to exceed expectations; revenue, application growth, and excitement for what lays ahead in 2018 continues to soar...

HANOVER, Germany, Feb. 16, 2018 /PRNewswire-iReach/ -- As the last financial quarter of 2017 is finally put to rest, the statistics gathered from the year point to a trend in which Scalefree and it's new iteration of limitless data warehousing solutions, Data Vault 2.0, have exceeded original revenue projections of € 1,200,000 as total revenue reached € 1,676,876.90 boasting a 200% increase from last year.  This both validates the original mission set forth by the founders to build success by creating it within others while also proving the viability of Data Vault 2.0 itself.

Designed as the much needed solution to gathering, analysing, and storing data for corporations, large and small, Data Vault 2.0's implementation across numerous industries within the global market has proven that interest within applicable solutions to addressing scalability in the era of Big Data will continue to grow as corporations continue to move forward into the future.

The wave of success surrounding Data Vault 2.0 has been fueled by Scalefree's focus on creating programs in which professionals within the industry can learn to implement the tech for themselves in a hands-on setting as well as builds upon the company's efforts to create effective consulting divisions within Germany.

Michael Olschimke, CEO of Scalefree, projected the trend towards expansion will only continue as the company moves into the new year, "In 2018, we expect a constant growth of revenue as our Big Data services around Data Vault 2.0 enjoy high demand from the industry". As the end of the first quarter for 2018 draws near, the numbers will soon be present to support that projection.

SCALEFREE

Created by founders Dan Linstedt and Michael Olschimke, Scalefree focuses its efforts on creating tools which allow businesses to apply the science of Business Intelligence to their day to day operations. The company's latest tool, Data Vault 2.0, has already helped bring scalable and limitless Big Data solutions to numerous large automobile manufacturing corporations, organizations within the financial sector, as well as several branches of government. Originally designed and created for the US government, Scalefree has taken that original tool and adapted it for use within every industry and market.

For more information regarding Data Vault 2.0 and the team behind its implementation visit www.scalefree.com. All other inquiries can be directed towards finance@scalefree.com.

This press release is also available at scalefree.attach.io/Hy7lmmmDf.

Media Contact: Christof Wenzeritt, Scalefree, +49 511 87989341, finance@scalefree.com

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SOURCE Scalefree



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Computer Electronics, Computer Software, Banking & Financial Services, Earnings


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