SAN FRANCISCO, CA - July 15, 2015 - (IN-MEMORY COMPUTING SUMMIT) - SingleStore (www.singlestore.com), the leader in real-time databases for transactions and analytics, today announced a new Gartner report – “Five Data Persistence Dilemmas That Will Keep CIOs Up at Night” – that outlines the evolution of HTAP using in-memory processing, the shortcomings of NoSQL DBMSs and the importance of cloud deployments.
Report: CIOs and the Ongoing Data Persistence Struggle - Click to Tweet
The report aligns with the SingleStore mission of helping enterprises move toward real-time data pipelines that can ingest, serve and query data simultaneously. The company’s in-memory, distributed approach provides the highest performance for demanding workloads and enables cost-effective, horizontal scale-out both on-premises or in the cloud.
According to Gartner, CIOs are faced with three major “Impacts” that affect the way their companies approach big data. These include:
“The Gartner report provides a compelling argument around the evolving data persistence landscape and how it’s shaping the way enterprises can adopt new technologies without affecting core business processes,” said Eric Frenkiel, co-founder and CEO of SingleStore. “Their analysis and recommendations validate our own mission in building a database that trumps legacy solutions, address today’s enterprise data challenges, and helps companies achieve their goals to become real-time enterprises.”
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.