SAN FRANCISCO – June 22, 2022 – SingleStore, which delivers SingleStoreDB, the real-time distributed SQL database designed for data-intensive applications, today announced the latest updates to its offering. The new capabilities extend its position as the industry’s leading database for unified transactions and analytics by empowering customers to build and scale real-time applications and analytical workloads with simplicity and efficiency. With its pioneering technology, SingleStoreDB has been helping customers create fast, interactive modern SaaS applications while lowering the costs and complexity of data infrastructure.
“It has become essential for companies to reevaluate their data strategies to better support modern SaaS applications and also remain competitive in an era dominated by data intensity. With our new suite of updates, we’re empowering businesses to do that, as we bring analytics to applications, scale effectively and deliver superior real-time data experiences - all must-haves for modern databases,” said SingleStore CEO Raj Verma.
Key product announcements include:
"Workspaces is very exciting to us because the separation of storage and compute makes it possible to serve even more tenants while ensuring their workloads are isolated and don't affect each other, and allows us to fine tune resources and cost (via workspace size) to match their specific requirements and SLAs.”, said Mauricio Aristizabal, Principal Data Architect, Impact.com.
“The code engine for Wasm in SingleStore is a catalyst for extracting value from our data faster and cheaper by leveraging our enterprise code base in real-time SQL,” said Abel Mascarenhas, IT Unit Manager, Millennium BCP.
“SingleStore is the leader in powering modern real-time applications and analytics, and these features are a testament to our differentiation from other players in the space,” said SingleStore’s SVP, Engineering Shireesh Thota. “We have worked to enhance our technology to make it enterprise and cloud ready with the ability to run anywhere, which is vital for the next era of databases. With these new capabilities of security, scale, real-time analytics, and developer productivity we are set up to deliver a better experience to our customers.”
SingleStore will also announce these and other exciting new updates at (R)Evolution 2022, which will be hosted in San Francisco later this Summer. This event will highlight the new product updates for SingleStoreDB along with demos, and panel discussions with customers and industry leaders discussing the future of databases.
"SingleStore is super easy to implement and use. You can deploy a cluster in a matter of clicks. The UI is very intuitive, and everything is easy to configure even for a new user. The source configuration is very easy. The query engine is very fast and responsive, computes huge datasets, and delivers results in seconds. It is fast, robust, and has a good IDE. Both MySQL and SingleStore are relational databases but when comparing performance and stability, SingleStore is significantly better in handling large datasets and the UI is also much better than that of MySQL,” said Syed Muneeb Hussain, Big Data Engineering Lead, Alibaba Group.
Momentum continues to build for SingleStore with most recently being recognized by user review site, TrustRadius as a winner of four Top Rated Awards in Relational Databases, Database-as-a-Service (DBaaS), In-Memory Databases and Operational Analytics. The company’s headcount has jumped to nearly 400 employees, and it is quickly expanding into Europe and Asia. Finally, SingleStore recently hired Shireesh Thota to lead engineering efforts and closed Series E and F funding rounds late last year.
Finally, SingleStore is hosting a virtual launch event, [r]evolution 2022 on July 13, where the latest product release will be featured and demoed. Register for the event here.
The world’s leading brands rely on data — to make the right business decisions, to deliver exceptional customer experiences and to stay ahead of the competition. This reliance on data brings with it a need for simplicity, speed and scale. SingleStore delivers the world’s fastest distributed SQL database for data-intensive applications, SingleStoreDB. By combining transactional and analytical workloads, SingleStore eliminates performance bottlenecks and unnecessary data movement to support constantly growing, demanding workloads. Digital giants like Hulu, Uber and Comcast, and many more of the world’s leading SaaS providers choose SingleStore to unleash the power of their data — supercharging exceptional, real-time data experiences for their customers. Follow us @SingleStoreDB and @SingleStoreDevs on Twitter or visit www.singlestore.com.
SingleStore is a trademark of SingleStore, Inc. dbt, dbt Labs and dbt Core are registered trademarks of dbt Labs, Inc. All other trademarks, trade names, or service marks used or mentioned herein belong to their respective owners.