As these four critical mistakes made by major businesses prove, utilizing the appropriate database will allow your business to run more efficiently and successfully. A good database system will save your company time and money.
New York, NY (PRWEB) December 04, 2013
Dell World is a critical venue that will address the future direction of IT for global enterprises. Dell servers are ideal for Altibase to further grow its innovative In-Memory solutions in today’s demanding data-centric world. The event will showcase Altibase’s maturity, reliability and unmatched expertise in the In-Memory Database field.
“We are extremely excited to present our data management solutions at Dell World. Our partnership with Dell is invaluable and we look forward to evangelizing Altibase’s 15 years of In-Memory Database experience with Dell.”–Chris Chung, CEO of Altibase Inc.
Altibase is the pioneer in In-Memory Database solutions with over 500 enterprise clients and thousands of mission-critical deployments. IT leaders recognize Altibase for its excellence in database management software, revolutionary R&D and leadership in the In-Memory computing space. Altibase, with its beginnings as a government-sponsored research initiative, has been perfecting the craft of In-Memory Databases for 20 years. It is this maturity, coupled with best-in-class global support that has paved the way for Altibase to be unilaterally considered as the most dependable, battle-tested, high performance In-Memory database.
“Altibase’s support is world-class which speaks volumes about their dedication to excellence.” –U.S. Pharmaceutical Leader
“Our technology partnership with Dell punctuates Altibase’s core strengths in high-performance databases. Gartner’s Magic Quadrant for Operational DBMSs 2013 notes our strengths in world-class support, customer satisfaction, maturity and wide use-case applicability. As such, I am deeply proud that Altibase is front and center in the minds of leading enterprises worldwide. Altibase’s superiority in software, unparalleled support and Dell’s expertise in hardware serve as a springboard to further promote Altibase’s swift global penetration.” – Chris Chung, CEO of Altibase, Inc.
Visit Altibase at the Dell Partner Pavilion, booth #408 from December 10th to 13th 2013 in Austin, Texas. Altibase presents on Friday 13th December 2013 at 10:15 am. To learn more about how you can have data speed and storage capacity in a unified solution: http://partnerdirect.dell.com/sites/channel/en_us/Pages/FAP.aspx
About Dell World 2013:
Dell World takes place every year at the Austin Conference Center. It hosts 4,500 attendees, consisting of customers, partners, resellers, as well as distinguished speakers (Bill Clinton was a speaker in 2012). According to Dell the most compelling reasons to attend the show are: (i) You will gain clarity on how IT services can accelerate your business’s ability to innovate, (ii) You will meet thousands of IT professionals and influential thought leaders, (iii) You will witness the most current IT trends that affect business. For more information, please visit
http://dellworld.com
About Altibase:
Altibase is the pioneer in In-Memory databases and provides high performance computing solutions to top companies worldwide.
Altibase has helped hundreds of enterprise clients in Telecommunications, Financial Services, Manufacturing, and Government, with their growing database management needs.
For more information call 888-837-7333 or visit Altibase at http://www.altibase.com
A company’s data is of utmost importance, contributing to assets, insights into the business, and much more. Data security is a prominent topic in organizations today, as it is vital for data to be easily accessible to those within the organization, but also, protected from those who are not.
Altibase, the premiere provider of in-memory data solutions for real-time access, collaborated with E*Trade to solve a critical issue with their DBMS that prevented E*Trade from expanding their platform offline. Altibase has proven success in the financial field and was able to provide them with a DBMS that could handle the expansion and opportunities that has driven E*Trade to success. Read more →
Altibase, the go-to source for mission critical in-memory database management strategies, teamed with Samsung to solve an issue with the foundation of their DBMS. With experience solving database related issues for global leaders in various industries, we were the optimal choice to provide them with a scalable, satisfying, high-performance product to solve their database concerns.
Since 1999, Altibase has pioneered the In-Memory Database space with its beginnings as a government-sponsored research initiative on In-Memory computing 20 years ago. Altibase is widely considered as the most battle-tested In-Memory Database solution in the world with over 500 enterprise clients and thousands of deployments that primarily focus on the most mission-critical, core systems.
Gartner’s Hype Cycle for Business Intelligence and Analytics, 2013 notes “Others such as Altibase…focus on high-intensity transactional processing.”
“We are thrilled to be part of the Gartner ITxpo 2013. The Gartner Emerging Technology Pavilion is the perfect venue for Altibase to demonstrate its deep, time-proven maturity in In-Memory Database management solutions. The In-Memory space is heating up and as Altibase approaches In-Memory Database solutions from a position of maturity and years of unmatched experience, we look forward to helping companies across all verticals strategize their In-Memory deployments effectively and with absolute peace of mind.” –Chris Chung, CEO of Altibase Inc.
Gartner Symposium/ITxpo sets itself apart as the ultimate setting for thought leadership and relevant technologies by bringing the most influential business and technology leaders together. Altibase Inc.’s CEO, Chris Chung will present “Speed or Size? Data Management Compromise?Altibase’s Hybrid Solution,” on Monday October 7, 2013 at 6:40PM, in the Emerging Technology Pavilion Theater. Mr. Chung will discuss how companies can realize the benefits of both real-time data processing and mass storage capabilities with one simple solution, ALTIBASE HDB™. “Speed or Size? With Altibase HDB™ There is no choice – There is no compromise.”
ALTIBASE HDB™ combines the extreme speed of In-Memory with the storage capacity of On-Disk in a single unified engine. The net effect allows companies to manage and utilize multi-temperature data easily and as needed. ALTIBASE HDB™ offers extreme-performance, Big Data storage, zero-latency, 100% uptime, absolute data integrity and massive scalability in a unified solution.
“IMC [In-Memory Computing] provides enhanced features such as reduced latency level and provision of real-time data on demand. Major vendors in the IMC market space include SAP, Oracle, IBM, Altibase…” according to “In-Memory Computing Market by (Data Management, Databases, Data Grids, Application Platforms) worth $13.23 Billion by 2018.”
“Gartner Symposium/ITxpo is the world’s most important gathering of CIOs and senior IT executives. Our 2013 agenda offers 500+ analyst sessions, workshops, roundtables and mastermind keynotes across five full days. With 10 role-based tracks and 11 industry tracks, the agenda targets your specific title responsibilities and ways to adapt new ideas and strategy to your industry, along with insight on what’s next in IT.” http://www.gartner.com/technology/symposium/orlando/
Altibase Inc. at Gartner Symposium/ITxpo
Visit Atlibase Inc. at the Gartner Symposium/ITxpo
October 7-9 in Orlando, Florida
Booth #ET22 in the Emerging Technology Pavilion
For more information, please visit http://www.gartner.com/us/symposium
The Korean National Police Agency (KNPA) handles all of South Korea’s policing. The KNPA monitors, investigates and fights crime for over 50 million citizens. The KNPA has deployed Altibase’s In-Memory database to fortify its criminal investigations by leveraging the benefits of real-time data that is at the ready.
According to the United Nations, South Korea is one of the safest countries in the world while having the 15th largest GDP. In the United Nations Office of Drugs and Crime’s “Global Study on Homicide,” South Korea has less than half of the “intentional” homicide rate as compared to the rest of the world with 2.8 intentional homicides per 100,000 inhabitants vs. the worldwide average of 6.9 homicides per 100,000 inhabitants. Additionally, the same study shows the United States with 4.8 per 100,000 inhabitants.
Since 1999, Altibase has proven its ability to provide high-performance, reliable, and scalable In-Memory database solutions with over 500 enterprise clients and thousands of deployments commercially as well as public sectors. It is through this maturity that the most discerning global organizations rely on Altibase for their mission-critical data management needs.
“Altibase is thrilled to be a vital part in preventing and solving crime for the KNPA. ALTIBASE HDB’s ™ intrinsic hybrid architecture combines the power of real-time speed with massive storage capacity and is the perfect solution for live fingerprints and palms that occur at the scene of the crime to cross reference with historical fingerprints and palms – all to hone in on suspects quickly and accurately. ” – Chris Chung, CEO of Altibase Inc.
According to the KNPA, it chose Altibase for its fingerprint and palm data management due to Altibase’s proven capability to join stability and speed in a single solution. Further, the KNPA indicated that forensic investigation in real-time is critical to swiftly narrow down suspects by utilizing fingerprint and palm data and analysis at the time of the crime.
“Fingerprints started out as ways to identify criminals, not in terms of evidence in court, but to tell Tom from Joe. When scientists found out that every person’s fingerprints were different, even identical twins, then prints became crime scene evidence.” – Tom Burr, Fingerprint Analyst
“As real-time forensic data increases the chances of criminal apprehension, I am especially pleased that the KNPA adopted ALTIBASE HDB™ after already replacing its Oracle database for other applications in recent years. The confidence that the KNPA has in Altibase is what motivates Altibase to do more each and every day to assure absolute data integrity, extreme performance and 100% uptime.” –Chris Chung, CEO of Altibase Inc.
For nearly 15 years, Altibase has cemented its position as the most battle-tested solution in the In-Memory database space by leveraging its rich sets of installations and focusing on only In-Memory computing. ALTIBASE HDB’s ™ In-Memory and On-Disk database resides in a single unified engine combining speed and storage in one flexible solution. Altibase has received numerous awards and recognitions from both government and IT leaders for its excellence in In-Memory database management software solutions, pioneering R&D and leadership in In-Memory Computing.
Altibase, the World Leader in In-Memory Data Management Systems provides high performance computing solutions to leading enterprise companies worldwide, and Akeydor Limited, the Global Integrator of Secure and Robust Software Technologies, Systems and Devices, announce today a Global Partnership. The partnership marks further propagation of the world’s fastest high performance In-Memory database with hybrid architecture to the Global market.
Organizations today need technologies which can store more data while efficiently utilizing CPU, memory and optimizing disk space. Scalability and Big Data processing are core requirements of the growing demands of data management strategies. Global companies are participating in a major shift from traditional database technologies to new possibilities. Such changes lead to the adoption of breakthrough technologies such as Altibase’s In-Memory Computing (IMC), which replace the traditional methods and are reshaping the way data is managed. Altibase’s unique, proprietary technology combines the essentials of traditional disk-based relational databases such as absolute ACID compliance, data integrity, zero-latency and 100% uptime with the power of In-Memory, RAM based performance.
“Altibase’s solutions coupled with its 18 years of R&D experience are the go-to solution for thousands of deployments for the most discerning clients in the world. We are literally at the doorstep of comprehensive, mainstream adoption by all of the Global 2000. Our partnership with Akeydor is a milestone that designates Altibase’s commitment to rapidly growing Altibase’s In-Memory solutions throughout the world. Akeydor is a partner that symbolizes a truly valuable relationship that allows for rapid adoption of Altibase’s time-proven In-Memory solutions in today’s demanding data market” – Chris Chung, CEO of Altibase Inc.
A recent study by Forrester Research found that downtime costs of a leading security company exceeded 8 million dollars per hour. 49% of the Fortune 500 experience at least 1.6 hours of downtime per week, which equates to 80 hours annually according to a Dunn & Bradstreet. National Archives & Records Administration in Washington cites that 93% of companies that lost their data center for 10 days or more due to a disaster filed for bankruptcy within one year of the disaster. Further, 50% of businesses that found themselves without data management for this same time period filed for bankruptcy almost immediately. Altibase and Akeydor will play an important role towards equipping Enterprise Customers with the World’s Fastest and Best In-Memory Database with Hybrid Architecture.
Altibase
For 18 years, with its beginnings as a government sponsored In-Memory Computing Research Initiative, Altibase has been and remains entrenched in rigorous R&D. Known for mission-critical solutions when money and lives are at stake, Altibase delivers peace of mind. With over 500 enterprise Clients, and thousands of deployments, Altibase has stood the test of time comprehensively understanding speed, scalability and reliability.
“Data stability, integrity and uninterrupted service are the hallmarks of successful integration of core data management strategies. Altibase understands how to deliver on these fundamentals, without fail, through the years of experience garnered by thousands of successful deployments in mission critical environments. Our new Global Partnership with Akeydor strengthens our communication to the Global markets and enables us to promote greater profitability, market share and comprehensive technological readiness for our customers in Retail, Finance, Banking and Government faster and efficiently” – Chris Chung, CEO of Altibase Inc.
ALTIBASE HDB™ with its Hybrid architecture combines the extreme speed of an In-Memory database with the storage capacity of on-disk database management in a single unified engine. Altibase is not only vertically scalable but has virtually no limitations to horizontal scalability with absolute ACID compliance. Its solutions have optimized performance, profitability and reliability in areas such as online trading, pairs trading, Algorithmic Trading, authentication, single sign-on, options trading, FX margin trading and FOREX exchanges including but not limited to E*TRADE, Samsung, HP and ministries of defense.
Akeydor announces it will employ the new High Performance in-Memory DBMS as one of its main, core and Innovative Technologies for the years to come, enabling its Customers globally to receive Real Time Data Management with zero latency, 100% Uptime, and Microsecond Big Data Speed.
“Data Management becomes increasingly complex, and therefore, it is a necessity for organizations to deploy mature and proven technologies that have stood the test of time. The explosion of new data requirements demands new and innovative products. Altibase can handle over 1.4 million transactions per second and no human can intercede at that speed. Altibase understands how to deliver stability, data integrity and an uninterrupted service, through years of experience and through thousands of successful deployments in mission critical environments”, – Michael Chatzilias, CEO of Akeydor Limited in London, England.
According to Reuters on August 22, 2013, the technology failure that halted trading on the NASDAQ for more than three hours this past Thursday brought the nation’s second largest exchange to its knees. The technical glitch further showcases how fragile the U.S. trading platforms are. It was the latest in a series of failures to disrupt increasingly complicated markets that rely on and are driven by spiraling data loads. The potential for a financial calamity is prompting the Securities and Exchange Commission to push for rules requiring executives to improve the reliability of their technology.
“These outages are absolutely going to continue,” said Neil MacDonald, a fellow at technology research firm Gartner. “There has been an explosion in data across all types of enterprises. The complexity of the systems created to support big data is beyond the understanding of a single person and they also fail in ways that are beyond the comprehension of a single person.”(The Guardian on August 23, 2013)
“As data management becomes increasingly complex, and in the wake of multiple outages, it is an absolute necessity for organizations to deploy mature, proven technologies that have stood the test of time. Human oversight alone cannot keep up with the explosion of data demands. Altibase can handle over 1.4 million transactions per second and no human can intercede at that speed. With the introduction of a litany of unproven and immature products, the real fear is that so many organizations are adopting nascent technologies.” –Chris Chung, CEO of Altibase Inc.
The NASDAQ outage came on the heels of a series of meltdowns at Amazon, Apple, Google and the New York Times. Amazon’s estimated 45 minute crash led to upwards of $5 million in losses according to VentureBeat on August 19, 2013. Google’s five minute outage earlier this month led the search giant to hundreds of thousands of dollars in ad revenue losses and up to 40% of decreased internet traffic during the episode according to CIO Today on August 19, 2013.
“Robust data management, high availability and fail-safe, non-stop operation are the pillars of today’s ecommerce, financial exchanges and industry’s core infrastructure. Altibase simply does not take short-cuts to achieve strict durability, extreme speed and zero-downtime. With over 15 years of pure dedication to In-Memory computing optimization, Altibase has proven itself as the most battle-tested, scalable, mission-critical solution in In-Memory database applications time and time again.” –Chris Chung, CEO of Altibase Inc.
A recent study by Forrester Research found that downtime costs of a leading security company exceeded 8 million dollars per hour. Further, 49 percent of the Fortune 500 experience at least 1.6 hours of downtime per week, which equates to 80 hours annually according to a Dunn & Bradstreet. National Archives & Records Administration in Washington cites that 93% of companies that lost their data center for 10 days or more due to a disaster filed for bankruptcy within one year of the disaster. Further, 50% of businesses that found themselves without data management for this same time period filed for bankruptcy almost immediately.
These outages underscore how tenuous the U.S. stock markets, retailers and core business architectures truly are. With almost $20 trillion dollars traded on over 50 stock exchanges and related electronic platforms, the domino effect of a faulty automated trade execution system can roil the global markets suddenly and without warning.
The impending damage to today’s business is not quantifiable if core systems fail. Altibase is wholly focused on coupling its unmatched expertise in In-Memory databases with the demands of seamless scalability for the geometric growth in data. Altibase has handled the load of quadrillions of transactions in finance, military and manufacturing since 1999, without issue and fortified by a zero failure rate.
For 18 years, with its beginnings as a government sponsored In-Memory computing research initiative, Altibase has been and remains entrenched in rigorous R&D. Known for mission-critical solutions when money and lives are at stake, Altibase delivers peace of mind. With over 500 enterprise clients, and thousands of deployments, Altibase has stood the test of time and comprehensively understands speed, scalability and reliability.
“There are no short-cuts to stability, data integrity and uninterrupted service. Altibase understands how to deliver on these requirements, without fail, through years of experience reinforced by thousands of successful deployments in mission-critical environments.” –Chris Chung, CEO of Altibase Inc.
ALTIBASE HDB™ with its Hybrid architecture combines the extreme speed of an In-Memory database with the storage capacity of on-disk data management in a single unified engine. Altibase is not only vertically scalable but has virtually no limitations to horizontal scalability with absolute ACID compliance. Its solutions have optimized performance, profitability and reliability in areas such as online trading, pairs trading, Algorithmic Trading, authentication, single sign-on, options trading, FX margin trading and FOREX exchanges including but not limited to E*TRADE, Samsung, HP and ministries of defense.
It is widely known that shaving even a millisecond can be worth millions. Altibase defines itself in microseconds. ALTIBASE HDB™ provides ways to drastically increase speed, reduce spend, increase revenue while ensuring complete data integrity, zero-latency and zero-downtime.
Since 1999, Altibase has been a global leader in In-Memory Database solutions and is pleased to announce its inclusion in Gartner’s “Hype Cycle for Business Intelligence and Analytics, 2013.”
“As a pure In-Memory Database company, Altibase is thrilled to be part of Gartner’s ‘Hype Cycle.’ In addition, as Gartner has identified In-Memory Database Management Systems as ‘transformational’ and predicts ‘mainstream adoption’ in 2 to 5 years, Altibase looks forward to stratospheric growth in the coming years. I am especially pleased that the best is yet to come. Altibase looks forward to leveraging its product maturity to help customers with their In-Memory database integrations.” Chris Chung, CEO of Altibase Inc.
“Others such as Altibase…focus on high-intensity transactional processing.” Gartner’s Hype Cycle for Business Intelligence and Analytics, 2013.
With the massive growth in data and the associated requirements to process that data in real-time, companies no longer have the option to rely on legacy database systems. The early adopters of In-Memory database technologies will simply see positive results earlier and pass the competition. It is well known that real-time database management is still only a small part of the vast majority of the Fortune 500.
According to the financial research and consulting firm Aite Group, 20% of banks [companies] that do not upgrade their core systems are at a competitive disadvantage and have reached a high level of urgency to replace their core system. In addition, Aite Group indicates that over 50% would benefit from a core systems upgrade as well.
“Strategic, real-time data management is critical to open new-lines of business and maintain customer satisfaction. Consumers are no longer tolerant of data latency. The problems companies now face with quasi-real-time processing, if left unaddressed, will only grow as time passes.” Chris Chung, CEO of Altibase Inc.
“We have no reservations when it comes to Altibase’s performance. We’ve verified that Altibase delivers higher performance, higher than other competitors in multiple benchmark tests. For integrated authentication systems, stability is the most important factor. We were concerned because authentications are frequent accessed through sessions on internet networks. We process more than 50,000 concurrent transactions in active sessions daily. We were very satisfied with the distributed utilization of memory resources within the Altibase solution. Altibase uses less CPU resources than the existing on-disk DBMS and is more stable while using these resources. We expect to develop more monitoring functions in the near future.” Manager of EBS
Altibase has solved a litany of problems in Telecommunications, Financial Services, Manufacturing and Government. Widely considered as the most-battle tested In-Memory database solution, Altibase is ready to forge deeper, on an agile basis, into the multi-faceted data pain-points that companies encounter.
“Our 15 years of proprietary In-Memory database experience has taught us how to handle and solve even the most complex application challenges that our clients face. We are expanding on that experience with persistent and rigorous R&D to be the single-point solution for all mission-critical operations for years to come.” Chris Chung, CEO of Altibase Inc.
Real-time processing, Big Data and targeted solutions are here to stay and Altibase is poised to help companies with low TCO (Total Cost of Ownership), strict data integrity, zero downtime and utmost speed.