The following announcement is being released by SingleStore today on the news that SingleStore is being shortlisted as a finalist in two categories for the 2020 SaaS Awards: Best SaaS for Business Intelligence or Analytics, and Best SaaS Innovation in the Internet of Things.

SingleStore Shortlisted as a Finalist in the 2020 SaaS Awards

International Software Awards Program Recognizes SingleStore Managed Service for Best SaaS for Business Intelligence or Analytics and Best SaaS Innovation in the Internet of Things
SAN FRANCISCO – AUGUST 10, 2020 – SingleStore, The Database of NowTM for operational analytics and cloud-native applications, is a finalist in the 2020 Software as a Service Awards program in two categories: Best SaaS for Business Intelligence or Analytics, and Best SaaS Innovation in the Internet of Things. Hundreds of organizations applied for these awards, with entries coming from North America, Europe, the U.K., the Middle East, and Australia. SaaS Awards winners will be announced on August 25, 2020.
SingleStore was named as a finalist for its unique combination of the world’s fastest in-memory rowstore, world’s fastest disk-based columnstore, predictive low-latency analytic query capability, and MySQL compatibility, offered in a single cloud database, SingleStore Managed Service. SingleStore calls its blend of multiple datatypes SingleStore Universal StorageTM. Universal Storage can eliminate the need for separate databases and separate tables for transactions, analytics, and caching. SingleStore is able to ingest and process millions of real-time events per second, while simultaneously serving thousands of highly-concurrent requests from API calls, and queries from real-time BI dashboards and machine learning models, all within milliseconds.
“We are honored to be named a finalist in the 2020 SaaS Awards,” said Raj Verma, co-CEO of SingleStore. “SingleStore Managed Service delivers instant, effortless access to the world’s fastest, most scalable data platform for operational analytics, machine learning, and AI. Growth in the database market is moving towards the cloud. To survive in the era of COVID-19, successful businesses are pivoting towards immediate digital transformation. Those businesses that had already begun are accelerating their efforts. SingleStore Managed Service brings real-time decision-making to a new level, and unlike our competitors, we are built for this very use case, and offer the lowest latency in the marketplace.”
James Williams, head of operations for the SaaS Awards, said: “Software-as-a-service’s force for positive disruption never seems to abate, with seemingly unending solutions for modern business. This year is a special case. SaaS is not only at the forefront of remodeling existing business processes; it’s also helping organizations to use pioneering solutions to respond to unavoidable global disruptions. Indeed, SaaS technologies are now celebrated as providing new and inventive ways for organizations to perform complex tasks in a changing international landscape. From fulfilling orders, to arranging meetings, to delivering new business services, SaaS technologies are more important than ever.”
Williams added that the program donated entry fees from shortlisted entrants in this year’s Communication, Collaboration and Conferencing category to the World Health Organization’s COVID-19 Response Fund. “Together, we have raised $3,555 for the fund, an achievement we hope underscores the vital need for sustained organizational innovation across all sectors,” he said.
To view the full shortlist, please visit: https://www.cloud-awards.com/2020-software-awards-shortlist/
About SingleStore
SingleStore is The Database of NowTM, powering modern applications and analytical systems with a cloud-native, massively scalable architecture. SingleStore delivers maximum ingest, accelerated transaction processing, and blisteringly fast query performance, including AI integration and machine learning models, all at the highest concurrency. Global enterprises use the SingleStore distributed database to easily ingest, process, analyze, and act on data, to thrive in today’s insight-driven economy. SingleStore is optimized to run on any public cloud, or on-premises with commodity hardware. Visit www.singlestore.com or follow us @SingleStoreDB.
About the SaaS Awards
The SaaS Awards is a sister program to the Cloud Awards, which was founded in 2011. The SaaS Awards focuses on recognizing excellence and innovation in software solutions. Categories range from Best Enterprise-Level SaaS to Best UX or UI Design in a SaaS Product.
About the Cloud Awards
The Cloud Awards is an international program which has been recognizing and honoring industry leaders, innovators, and organizational transformation in cloud computing since 2011. The awards are open to large, small, established, and start-up organizations from across the entire globe, with an aim to find and celebrate the pioneers who will shape the future of the Cloud as we move into 2021 and beyond. Categories include the Software as a Service award, Most Promising Start-Up, and “Best in Mobile” Cloud Solution. Finalists are selected by a judging panel of international industry experts. For more information about the Cloud Awards and SaaS Awards, please visit https://www.cloud-awards.com/
Media Contact
Gina von Esmarch
415-203-4660
gvon@singlestore.com