Altibase and Akeydor Limited Announce Global Partnership
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.
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.
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