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About Hazelcast Stock
Hazelcast is a provider of an open-source in-memory computing platform used for caching, stream processing, and microservices. It aims to address the growing demand for enhanced application performance, data processing speed, and scalability. Hazelcast's in-memory computing platform is comprised of two core products, the Hazelcast IMDG and Jet. Hazelcast IMDG is an in-memory data grid that provides high availability and scalability by distributing data across multiple nodes. Hazelcast Jet is an ultra-fast, application embeddable, stream and batch processing engine capable of supporting real-time streaming data. The company also offers Hazelcast Cloud, a fully managed, low latency data layer for cloud-based workloads at any scale. Hazelcast’s customers include 50 of the largest financial institutions, seven of the top telecommunications providers and six of the biggest e-commerce retailers.
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