WANdisco, the California-based collaboration software developer, has announced that the US Patent & Trademark Office (USPTO) has allowed the company's US patent application, meaning the company's core replication technology is now protected.
The patent covers distributed computing systems over a Wide Area Network (WAN), and states that "unlike conventional solutions, the multi-site computing system architecture does not rely on a central transaction coordinator that is known to be a single-point-of-failure". The patented technology is incorporated in WANdisco's product range.
The directors believe that this technology can be deployed in many other technology verticals including the Big Data market, which according to Wikibon is forecast to grow at a CAGR (compound annual growth rate) of 58% between now and 2017 or from $5bn to over $50bn.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
David Richards, WANdisco Chairman and Chief Executive Officer, said: "I am delighted the USPTO has allowed WANdisco's patent, which we believe to be a breakthrough in the field of data replication. This patent validates our leadership in distributed computing and our belief that no other company can achieve active-active replication over a Wide Area Network.
"We believe this patent is far reaching and will change storage area networks and their application. Presently, we have integrated this technology into our version control systems for software engineers and have plans, as previously stated, to apply the technology in the Big Data market - today's patent decision re-confirms our belief, as the leader in this field."
NR
-
Coventry Building Society bids £780m for Co-operative Bank - what could it mean for customers?Coventry Building Society has put in an offer of £780 million to buy Co-operative Bank. When will the potential deal happen and what could it mean for customers?
-
Review: Three magnificent Beachcomber resorts in MauritiusMoneyWeek Travel Ruth Emery explores the Indian Ocean island from Beachcomber resorts Shandrani, Trou aux Biches and Paradis
