Gartner Positions SingleStore in the Visionaries Quadrant of the Magic Quadrant for Operational Database Management Systems
SingleStore scores high for its completeness of vision, technology innovation and ability to execute against its R&D model
San Francisco, CA - October 13, 2015 - SingleStore (www.singlestore.com), the leader in real-time databases for transactions and analytics, today announced it has been positioned by Gartner, Inc. in the Visionaries quadrant of the “Magic Quadrant for Operational Database Management Systems”.
Gartner Positions SingleStore in the Visionaries Quadrant of the Magic Quadrant for Operational Database Management Systems - Click to Tweet
The report states the strategic planning assumption that by 2017, all leading operational DBMSs will offer multiple data models, relational and NoSQL, in a single DBMS platform. It also cites that by 2017, the "NoSQL" label will cease to distinguish DBMSs, which will result in it falling out of use.
SingleStore received top marks for innovation, rich functionality, and ease of programming and implementation. The database is deployed across industries such as financial services, manufacturing, e-commerce, and adtech, driving business value for customers by processing and analyzing data in real time. SingleStore achieves these results by offering multiple models including relational, document, key-value, and geospatial data; real-time streaming with integrated Apache Spark; and a user-friendly web-based Ops interface for easy deployments.
“Gartner is defining a strong architectural foundation for enterprises to meet today’s operational database needs, specifically a flexible architecture with multiple data models”, said Eric Frenkiel, CEO and co-founder, SingleStore. “Our approach of delivering an in-memory, distributed database with full transactional SQL provides these models to our customers, and we are pleased to be recognized as the leading relational database in the Visionaries Quadrant for Operational Database Management Systems.”
About the Magic Quadrant
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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 deployed 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.
1 Gartner “Magic Quadrant for Operational Database Management Systems” by: Donald Feinberg, Merv Adrian, Nick Heudecker, Adam M. Ronthal, Terilyn Palanca, 12 October 2015.