Database Leader FairCom Continues Growth in 2020
COLUMBIA, Mo., Dec. 15, 2020 — Global database technology provider FairCom announced today that it is concluding another year in which the company set records for growth in revenue, product offerings and employees.
The focal point of FairCom activities occurred on Nov. 10 when the company launched new versions of its major product lines: FairCom DB V12 for high-speed transactions, FairCom EDGE V3 IoT and Industry 4.0 environments, and c-treeRTG V3 for legacy system enhancement. The announcement also included the release of the FairCom EDGE IIoT Hub, strengthening FairCom’s position as a pioneer in edge-computing data management.
Despite the ongoing pandemic, FairCom continued to add employees to its workforce, with the company now having offices in, Columbia, Mo., Milan, Sao Paolo, Salt Lake City, and Carson City, Nev. FairCom also continued its sound fiscal position as it expanded its global customer base.
“During this past year, FairCom’s two major strengths —products and people—allowed us to reach new heights. First, our products are fast, reliable and designed to allow customers to have the database solutions they need. Second, our employees proved that they are among the best in the industry as they overcame numerous pandemic-related challenges to deliver new products, provide timely customer support and increase sales,” said Alysha Brown, FairCom’s chief officer of operations. “The most exciting thing for FairCom is that we will continue to grow in 2021 and beyond and will deliver more innovative products in the very near future.”
In addition to enhancing its product line, FairCom continued to be a leader in the database industry by accepting an invitation to join the INCITS technical committee that develops standards for SQL (structured query language) and GQL (graph query language). It is one of the InterNational Committee for Information Technology Standards (INCITS) committees, which is the central U.S. forum dedicated to creating technology standards for the next generation of innovation.
Currently, FairCom products are used by 42 percent of the Fortune 100. Among the global organizations that use FairCom are Verizon, UPS, Rockwell Automation, Henry Schein, the European Space Agency, Motorola Solutions, the U.S. Federal Aviation Administration and Thomson Reuters.
FairCom database technology is among the fastest and most trusted on the market today. Since the company’s founding in 1979, FairCom products have been powering mission critical systems for global entities in a broad spectrum of industries, ranging from small and medium-sized businesses to high-profile enterprise-level companies and government agencies. Currently, more than 40 percent of the Fortune 100 use FairCom for its database needs. FairCom’s product line is comprised of solutions for high-speed transactions, IIoT environments, and legacy system modernization and migration. The product line includes FairCom DB, FairCom EDGE for IoT and Industry 4.0 environments and c-treeRTG data management solution for COBOL. Additional information about FairCom is available at FairCom.com.