Latest news with #TemporalTechnologies
Business Wire
28-05-2025
- Business
- Business Wire
Total Economic Impact™ Study Finds 201% ROI for Companies Using Temporal Cloud
SEATTLE--(BUSINESS WIRE)-- Temporal Technologies, the inventors of open-source durable execution platform and Temporal Cloud, today announced the results of a new Total Economic Impact™ (TEI) study conducted by Forrester Consulting. Commissioned by Temporal, the study found that organizations using Temporal Cloud, the company's enterprise-grade managed service, achieved a 201% return on investment over three years with a payback period of just 14 months. The study is based on interviews with multiple Temporal Cloud customers across financial services, transportation, entertainment, and food services. By analyzing these real-world deployments, Forrester found that Temporal Cloud significantly improved reliability, development velocity, and engineering productivity. Key quantified benefits include: Improved reliability: Avoided up to two major outages per year, preserving $14.3M in revenue and $1.5M in operating profit Faster time to market: Cut feature development time in half, driving $1.7M in additional operating profit Higher developer productivity: Freed up engineers to focus on innovation, delivering $1M in productivity gains over three years 'Temporal has added a level of clarity and reliability to some of our most complicated and critical processes and, (with Temporal Cloud), the cost is a fraction of what it would cost to pay a team to manage those resources internally,' said a Senior Engineering Manager in the transportation industry. Customers also cited advantages of adopting Temporal Cloud, including: Better employee experience and retention by reducing cognitive load on developers and increasing team satisfaction Cost savings from retiring legacy workflow infrastructure and homegrown orchestration tools Scalability and speed to support critical business workflows during high-volume events or AI-driven workloads Improved compliance and data security through encryption and architectural flexibility 'Engineering teams need to move faster without sacrificing reliability,' said Samar Abbas, co-founder and CEO of Temporal. 'Temporal Cloud gives them that foundation. Ready to scale, battle-tested, and easy to adopt – it's why we're seeing growth across AI, payments, and every system where failure isn't an option.' The release of the TEI study follows a banner year for Temporal. The company recently announced a $146 million Series C funding round at a $1.72 billion valuation, 4.4x growth in Temporal Cloud revenue, and adoption by more than 2,500 customers globally. The full Forrester TEI study is available for download here: To learn more about Temporal Cloud, visit: About Temporal Temporal is changing how modern software is built through its open-source Durable Execution platform. By guaranteeing the execution of complex workflows even in the face of system failures, Temporal allows developers to focus entirely on business logic rather than infrastructure complexities—increasing developer velocity. Its polyglot capabilities allow seamless orchestration across multiple programming languages, making it ideal for both traditional enterprise applications and next-generation AI workloads. Temporal Cloud, the company's managed service backed by the originators of the project, has been adopted by thousands of leading enterprises. Learn more at
Reuters
31-03-2025
- Business
- Reuters
Temporal Technologies raises $146 million at $1.7 billion valuation
March 31 (Reuters) - Temporal Technologies on Monday said it has raised $146 million led by investment firm Tiger Global, valuing the software firm at $1.72 billion. Venture capital funding has remained muted in the early months of 2025, with financing for a few artificial intelligence startups contributing to a potential rebound. The Technology Roundup newsletter brings the latest news and trends straight to your inbox. Sign up here. The round, which brings the company's total funding to $350 million, also saw participation from names such as Index Ventures, MongoDB Ventures and Sequoia Capital.
