3.0
May 14, 2025
Current employee
Recommend
CEO approval
Business Outlook
Pros
The technology is extremely strong, with a great pedigree, and that has attracted a strong following of blue-chip FinServ customers. They use Hazelcast to manage use cases where databases just wouldn't be fast enough. Like payments, where response times need to be in the low milliseconds to be competitive. Hazelcast also does both caching of data and processing of data with its Jet stream processing engine. Jet is really useful for these kind of datasets as many of the operations are really stages of a pipeline. They have made some strong hires recently.
Cons
There have been many leadership changes in the last six months, but things seem to have stabilized now.