{"id":12150,"date":"2022-09-26T21:00:00","date_gmt":"2022-09-26T21:00:00","guid":{"rendered":"https:\/\/www.prnasia.com\/story\/archive\/3880769_AE80769_0"},"modified":"2022-09-26T21:00:00","modified_gmt":"2022-09-26T21:00:00","slug":"weka-exceeds-its-fiscal-year-2022-financial-targets-in-record-third-quarter","status":"publish","type":"post","link":"https:\/\/transmediavictoria.net.au\/?p=12150","title":{"rendered":"WEKA Exceeds Its Fiscal Year 2022 Financial Targets in Record Third Quarter"},"content":{"rendered":"\n\n\n
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Company Maintains Hyper Growth Trajectory as Concerted Expansion In Korea and APAC Continues <\/i><\/p>\n

CAMPBELL, Calif.<\/span>, Sept. 27, 2022<\/span> \/PRNewswire\/ — WEKA<\/a>, the Data Platform for AI company, today announced it has closed a record-breaking third quarter (Q3) of financial results and global expansion in its fiscal year 2022 (FY’22). Following the launch of its fourth generation WEKA\u00ae Data Platform<\/a> unveiled in June, the company closed the largest financial quarter in its history \u2013 exceeding combined business from all four quarters of its fiscal year 2021. At the same time, WEKA celebrated the continued growth of its global team and steady expansion into the Asia-Pacific<\/span> (APAC) region, where it added top sales, engineering, and customer success talent across several key markets, including Korea.<\/p>\n

As global organizations continue to embrace digital-first strategies at a record pace, many are looking to harness artificial intelligence (AI) and machine learning (ML), and other high-performance computing (HPC) workloads to unlock transformational insights that fuel new business models and new frontiers of innovation, scientific breakthroughs, research, and discoveries. The unfortunate reality, however, is that many AI, ML, and HPC projects never make it from pilot to production. This is often due to the limitations of traditional data infrastructures that cannot provide the required performance, scale, and seamless data portability needed to support complex computing in modern distributed data environments. Increasingly, organizations are turning to WEKA to help them overcome these challenges, accelerate their data-driven initiatives, and deliver first-to-market results with these next-generation workloads. <\/p>\n

As customer demand for its WEKA 4 Data Platform intensifies, the company is seeing tremendous success across multiple indexes that are contributing to a period of sustained hypergrowth:<\/p>\n

Record-Breaking Financial Results: <\/b> <\/p>\n