Demand for Big-Data Velocity Drives VoltDB to Success in 2012
Enterprise, News, Storage
Total customer accounts grew by greater than 1000 percent in 2012 and total customer bookings grew at an even faster rate year over year. VoltDB's customers include marquee enterprises such as AOL, Booyah, Bursa Malaysia, Cowen Group, Pinger, Quality Health, Sakura Internet, Shopzilla, SignMeUP, Social Game Universe, Yahoo! and Yellowhammer.
Product and technology momentum:
In preparation for its January 2013 commercial launch, the company announced in November the beta version of VoltDB v3.0 to its open source community. The commercial offering was recently released to market earlier this month. With significant technology enhancements in the newly-released version, VoltDB is furthering its claim as the leading high-velocity OLTP database for big data applications.
"By solving the data velocity challenge, we are enabling a new class of applications able to perform analytics and decisioning on massive amounts of data in real-time," continued Reading. "It is clear that the business value that we enable was the key to our market adoption and success in 2012 and we are optimistic that we can accelerate our success in 2013."
VoltDB provides a fully durable, in-memory relational database that combines high-velocity data ingestion and real-time data analytics and decisioning to enable organizations to unleash a new generation of big data applications that deliver unprecedented business value. Organizations in markets ranging from financial services and Web media, to public utilities and national defense, use VoltDB to narrow the "ingestion-to-decision" gap from minutes, or even hours, to milliseconds. Founded by database legend Dr. Michael Stonebraker, VoltDB is privately held with offices in Billerica, Mass. and Santa Clara, Calif.