Momentum from Big Data Analytics and Cloud Initiatives Establish Platform for Aggressive Growth
Redwood City, CA, July 25, 2011 – Ingres Corporation, pioneers of the breakthroughanalytic database Vectorwise, today announced Steve Shine has been named Chief ExecutiveOfficer and President of Ingres Corporation effective immediately.
‘Steve is well qualified to lead Ingres into its next phase of growth,’ said Terry Garnett,Chairman of the Board and Managing Partner at Garnett & Helfrich. “He has not only been amajor force in driving Ingres to its position of strength today, but has shown the board all theattributes required to transform this business into a market leading provider in the emergingmarkets driven by the confluence of Cloud Computing, Social Media and Mobile Analytics.”
Shine joined Ingres in August 2007 as Executive Vice President, Worldwide Sales and hassince held the positions of EVP, Worldwide Operations and latterly as Co-President. Duringthis time he has helped establish the company’s leadership in Open Source Data Managementand as a challenger in the Business Analytics market with the launch of the record breakingVectorwise technology, which is tracking a 100 percent plus quarter over quarter revenueand new customer growth by delivering substantial business value at some of the world’sleading Social Media, eCommerce, Retail and Utilities companies. Steve’s contribution hasbeen instrumental in establishing Ingres as the innovative, profitable and growing company itis today.
“I am thrilled with the opportunity to lead Ingres at this seminal time. The company is poisedfor accelerated growth and I greatly appreciate the confidence shown by the board,” saidSteve Shine CEO and President of Ingres Corp. “I am looking forward to working with allthe great people within Ingres, our partners and most importantly our customers to drivefurther growth, innovation and business value.”
Prior to joining Ingres Steve was Senior Vice President and General Manager for SybaseEMEA where he was responsible for all aspects of the $200 million business and chartedsignificant growth in the business intelligence market, helping Sybase establish itself as acategory leader in that space. Steve has also held senior management positions includingPresident of the worldwide $240 million enterprise resource planning solutions portfolio atGEAC Computer Corporation where he joined from Andersen Consulting.
About Ingres CorporationIngres is a leading provider of data management solutions enabling companies to derive thehighest value from their data. Whether it is by supporting their business with transactionalsystems running mission critical workloads on Ingres DB, providing rapid insight fromhistorical data using the record breaking Vectorwise or innovating with applications inthe cloud using SkySafe managed services, thousands of organizations around the worldrely on Ingres’ products and services to deliver disruptive price/performance. Ingressolutions are in use at more than 10,000 customers worldwide including Lufthansa, Philips,Lockheed Martin, Fujitsu, Irish Revenue, Sainsbury, Logica and many government anddefense departments around the world. Ingres is headquartered in Redwood City, California,with offices in New York, London, Paris, Frankfurt, Amsterdam, Leeds and Melbourne.www.ingres.com