SAN FRANCISCO, CA - August 3, 2015 - SingleStore (www.singlestore.com), the leader in real-time databases for transactions and analytics, today announced that its in-memory database has been named a Strong Performer in The Forrester Wave TM: In- Memory Database Platforms, Q3 2015.
SingleStore Named Strong Performer Among In-Memory Database Platforms by Independent Research Firm - Click to Tweet
SingleStore was among the select companies that Forrester invited to participate in its 2015 Forrester Wave TM evaluation of In-Memory Database Platforms. In this evaluation, SingleStore received some of its top scores in the performance and scale, data management features and product road map criteria. According to Forrester, “today’s in-memory database platforms are changing the way we build and deliver systems of engagement and are transforming the practice of analytics, predictive modeling and business transaction management.”
With SingleStore, modern businesses can process and analyze real-time and historical data together in a single database. The company enables organizations across industries to transform into real-time enterprises, with data pipelines that can ingest, serve and query data up to the last transaction. SingleStore provides an in-memory, distributed approach that delivers high performance for demanding workloads and enables cost-effective, horizontal scale-out on-premises or in the cloud.
“We see in-memory computing as the key to solving complex real-time business challenges that enterprises experience today, particularly as data accumulates from mobile, web applications and the Internet of Things,” said Eric Frenkiel, co-founder and CEO of SingleStore. “Our in-memory, relational, distributed database gives our customers and partners a significant competitive advantage in their respective industries with the ability to concurrently process and analyze data for tangible business impact. We believe this recognition from Forrester validates our approach to make in-memory databases readily available to all enterprises and is further evidence of the company’s industry momentum.
Please visit the SingleStore blog for more at www.singlestore.com/blog/in-memory-database-platform-forrester-wave-report
SingleStore is the leader in real-time databases for transactions and analytics.
As a purpose built database for instant access to real-time and historical data, SingleStore uses a familiar SQL interface and a horizontally scalable distributed architecture that runs on commodity hardware or in the cloud.
Innovative enterprises use SingleStore to better predict and react to opportunities by extracting previously untapped value in their data to drive new revenue.
SingleStore is proven in production environments across hundreds of nodes in high velocity Big Data environments.
Based in San Francisco, SingleStore is a Y Combinator company funded by prominent investors including Accel Partners, Khosla Ventures, First Round Capital and Data Collective. Follow us @SingleStoreDB or visit at www.singlestore.com.