Latest product release, new partner ecosystem and continued industry accolades further prove real-time leadership
SAN FRANCISCO, December 13, 2022–(BUSINESS WIRE)–SingleStore, the cloud-native database built for speed and scale to power real-time applications, today announced the general availability of its 8.0 release, which features even faster analytics, improved developer experience and greater ease of use. The new release is a testament to the company’s speed of innovation and impressive momentum. SingleStore was also recently recognized as a ’Strong Performer’ in the Forrester Wave™: Translytical Data Platforms, Q4 2022 and launched SingleStore Connect, a cloud-based partner ecosystem showcasing the extensive SingleStore partner network and empowering customers to create fast and interactive real-time applications. SingleStore Connect already lists AWS, IBM, Intel, Looker (Google Cloud), SAS and TIBCO, among others, in its ecosystem.
SingleStoreDB powers real-time data innovation for hundreds of customers including more than 100 Fortune 500, Forbes Global 2000 and Inc. 5000 brands across fintech, ad-tech, martech and cybertech segments. Companies like Siemens, Uber, Palo Alto Networks, SiriusXM and others use SingleStoreDB to fuel real-time customer experience analytics, supply chain monitoring, sales and inventory management and interactive dashboards.
"The need for real time is here, but it doesn’t just happen through sheer will," said Raj Verma, CEO, SingleStore. "Real time has been baked into our foundational design from very early on, and the continued innovation with the latest announcement sets us apart as the world’s only unified database that allows you to transact and reason with data in real time in a multi-cloud hybrid distributed environment."
Some of the new product capabilities include:
Real-time analytics:
With new fast seeking JSON for columns, customers can now expect to see up to 100x improvements in query performance for transactional applications that work with semi-structured data such as JSON.
Cloud first:
Dynamic Workspace Scaling: Customers can now scale workspace compute up or down seamlessly (on AWS, Azure, Google Cloud) and autonomously with no manual user actions and can Suspend & Resume workspaces as needed so users only pay for what they use.
Monitoring and observability: New real-time and historical monitoring capabilities provide customers with up-to-the second visibility into cluster performance to ensure seamless operations and business continuity.
Programmability and developer experience:
Recursive CTEs (Common Table Expressions): While SingleStoreDB has always supported regular (non-recursive) CTEs, the 8.0 release will include support for Recursive CTEs as well, which makes it easier to perform analytics on hierarchical data such as in-database graph and tree expansions using one SQL statement
New native Laravel driver: SingleStore also recently launched a native driver for Laravel, which is open-sourced and is now available on GitHub, that enables developers to easily and securely build new applications using Laravel and PHP.
New Python connector: SingleStoreDB’s new native client for Python helps developers create up to 10x faster connections to the database (compared to a vanilla MySQL connector such as PyMySQL), ensuring blazing-fast applications and analytics.
Wasm Everywhere: With the current release, SingleStoreDB support for Wasm (WebAssembly) will be available for both cloud and self-managed deployments, essentially opening up availability of this key feature to all customers – making it easy to port code libraries or routines (in Rust, C or C++ and soon other languages) into SingleStoreDB.
Security and compliance:
Federated Authentication with OAuth: SingleStore also now provides extended SSO support for federated authentication using OAuth on the SingleStore cloud service (in addition to SAML). With OAuth support, customers now have a simpler and more secure authentication mechanism. This eases the management of secure connections, especially for mission-critical applications.
"Our new security and networking capabilities enable customers to protect their mission-critical applications. Improvements to fast analytics on structured and semi-structured data give businesses the power they need to deliver real-time applications," said Shireesh Thota, senior vice president of engineering at SingleStore.
"From the Universal Storage capability to accelerating analytical queries including > 100x performance on JSON analytics, SingleStore is on a path of continuous product innovation to ensure customers can quickly and easily derive value from all of their data in real time," said Yatharth Gupta, senior vice president of products at SingleStore.
"SingleStore understands that business happens in real time. This is appealing to organizations like ours that require a modern data infrastructure to deliver best-in-class services," said Premal Shah, senior vice president of engineering and infrastructure and co-founder at 6sense. "SingleStore offers cutting-edge enhancements through its real-time, mission-critical applications that support our technology needs."
"Historically, and based mainly on technical limitations, transactional applications and analytical applications have been segregated," said Nuno Reis, IT director of architecture and transformation at Millennium bcp. "This has brought complexity, ontological misalignment and latency on using data. With the rise of hybrid technologies – where we found SingleStore to be the fastest and nimblest – we are now able to augment transactional applications with analytics, unlocking a real-time architecture by design. This architecture is already supporting mission-critical workloads at scale and speed. SingleStore plays a critical role in the overall architecture in this new applicational topology, which is key in building intelligent differentiated capabilities that drastically improve the customer experience."
"Because of how we now consume data, companies and customers have a growing expectation of immediate, relevant, interactive experiences and communication," said Amy Machado, research manager, Streaming Data Pipeline at IDC. "Real-time datastreams and processing will become the norm, not the exception1."
Finally, SingleStore was recently invited to join the World Economic Forum's (WEF) Global Innovators Community to contribute to new solutions that overcome current crises and build future resiliency in data policy. Companies invited as Global Innovators engage with one or more of the WEF’s platforms to help define the global agenda on key issues.
Additional Resources
Attend the webinar with the heads of engineering and product at SingleStore and our customer LiveRamp on December 15
Download Forrester Wave™: Translytical Data Platforms, Q4 2022 report
Read the SingleStore blog
Try SingleStoreDB for free today
Follow SingleStore on Twitter, LinkedIn and Instagram
1
"Worldwide Continuous Analytics Software Forecast, 2021–2025" July 2021
About SingleStore
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 real-time 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.
View source version on businesswire.com: https://www.businesswire.com/news/home/20221213005382/en/
Contacts
Media Contact
Jessica Rampen
Director of Communications & PR at SingleStore
[email protected]
Yahoo Finance tech editor Dan Howley details how Apple is considering to allow third-party app stores on its devices, while the tech company plans changes to comply with the new E.U. tech bill.
Benzinga Sam Bankman-Fried Arrested In The Bahamas Disgraced crypto mogul Sam Bankman-Fried was arrested in the Bahamas on Monday following the receipt of formal notification from the U.S. Bahamian authorities said that the U.S. is likely to request his extradition. "The Bahamas and the United States have a shared interest in holding accountable all individuals with FTX who may have betrayed the public trust and broken the law," Phillip Davis, Prime Minister of The Bahamas, said in a statement.
Shares of Broadcom (NASDAQ: AVGO) have been an incredible investment over the last decade, handily beating both the market overall and the high-growth semiconductor industry. Total return (which includes dividends paid) sits at over 1,900%.
One irony of Microsoft battle to acquire Activision Blizzard is that the deal’s fate may hang on the company’s ability to convince regulators—and now judges—that it has moved beyond the Xbox. Microsoft was a latecomer to the videogame scene, having launched the first Xbox console in late 2001—years after Sony Group and Nintendo had established strong businesses with their own videogame devices. Fears about what Microsoft might do with “Call of Duty” now hang over the company’s proposed acquisition of Activision Blizzard, owner and publisher of the franchise.
Whether it’s Verizon courting government contracts for its 5G upgrade, blockchain startups deploying routers with crypto mining incentives, or Elon Musk making Starlink available to the Ukrainian resistance, broadband and internet of things (IoT) are the new battleground for companies, ideologies and visionaries. Crypto and freedom advocates should ensure decentralization as a principle is enshrined, and cooperate to realize and expand on Nikola Tesla’s vision of a decentralized, ubiquitous network. In the late 1800s, Thomas Edison, Nikola Tesla and George Westinghouse found themselves in an ideological battle over the future of electricity.
Available as of Dec. 13, with the latest iOS, Freeform is a blank canvas that you can use as a vision board to plan future trips.
China’s largest chip maker SMIC is ramping up production of a decade-old chip technology, key to many industries' supply chains, setting off alarm bells in the United States and prompting some lawmakers to try to stop them. The United States and allied nations could further step up restrictions if China announces a trillion yuan ($144 billion) support package for its chip industry, as Reuters exclusively reported on Tuesday, said TechInsights' chip economist Dan Hutcheson. Starting with the Trump administration, the United States has been tightening the noose around China's high-tech ambitions.
The U.S Department of Commerce will add the Chinese companies to a so-called Entity List as early as this week, the report said, citing a person familiar with the matter. YMTC declined to comment, and the U.S. Department of Commerce did not immediately respond to Reuters' request for comment outside business hours. Dozens of other Chinese entities, including YMTC, were "at risk" of being added to a trade blacklist as soon as Dec. 6, a U.S. Commerce Department official said in prepared remarks seen by Reuters last month.
Three senior VMware, Inc (NYSE: VMW) executives exited the enterprise software company that Broadcom Inc (NASDAQ: AVGO) aims to acquire for $61 billion. VMware CEO Raghu Raghuram said the senior vice presidents of cloud infrastructure, Mark Lohmeyer; applications and management business, Ajay Patel; and networking and advanced security, Tom Gillis, departed an internal memo, the Wall Street Journal reports. In May, Broadcom shared its plans of scooping VMware as part of a broader push by the chi
If you're in a devilish mood and want to stop a party in its tracks (holiday or otherwise), just try bringing up the ethics of Amazon in polite conversation. While you may or may not be greeted with fiery opinions or even stone-cold silence over the awkwardness of it all, there's one thing for sure: Americans have an unreasonably high level of tolerance when it comes to supporting Amazon despite claims of terrible working conditions, stacks of lawsuits and a long list of other troubles over the years.
In this article, we discuss the 15 biggest artificial intelligence (AI) companies in the world. If you want to read about some more AI companies, go directly to 5 Biggest AI Companies In The World. Artificial intelligence tools have been rapidly evolving across the world to personalize experiences for individuals, helping businesses with digital adoption, […]
The S&P 500 and the Nasdaq Composite have plunged into a bear market this year. Since the beginning of the year, billionaire Ken Fisher of Fisher Asset Management more than doubled his stake in Zoom Video Communications (NASDAQ: ZM). Meanwhile, billionaire Louis Bacon of Moore Capital Management started a position in Paycom Software (NYSE: PAYC) in the second quarter, then more than doubled the size of that position in the third quarter.
A report indicated that the companies behind popular mobile apps helped push Spotify (NYSE: SPOT) stock higher on Tuesday. The share price of the music service operator, whose app is enduringly popular on mobile platforms, rose by 1.5% on the day, more than double the percentage rate gain of the S&P 500 index. In an article published this mid-afternoon and updated shortly before market close, Bloomberg wrote that Apple (NASDAQ: AAPL) is gearing up to allow third-party app stores on its devices.
IPhone users can contact 999 even in mobile blackspots via a first-of-its-kind satellite service.
With apps like Uniswap exploring Layer 2s, dYdX building on Cosmos and the rise of appchains on Cosmos next year seems fit for an explosion of EVM experimentation.
Apple (NASDAQ: AAPL) is clamping down on the apps available on its App Store, potentially cutting off disruptive technology in the process. Coinbase (NASDAQ: COIN) recently saw this firsthand, and it highlights how devices with blockchain technology and security engrained could be a disruptive force on Apple's smartphone dominance.
Apple shares were set to fall slightly on Wednesday after a report was released saying the company may allow others to have app stores on its mobile and tablet devices. The move would come in response to pressure from European regulators after high-profile complaints that Apple’s cut on anything sold through its app store is a barrier to competition, Bloomberg reported. Allowing other app stores would mark a shift in its business model, but analysts at ISI Evercore said it won’t necessarily make a big dent because Apple’s app store will remain the main hub.
Meta sees a huge metaverse business potential in Africa—$40 billion added to the continent’s GDP by 2031. This ambitious goal has one major caveat, “only if the metaverse were to be adopted and grow in a similar way as mobile technology.”
(Bloomberg) — Uber Technologies Inc. said it’s investigating the hack of a third-party vendor that reportedly resulted in the leak of data from the ride-hailing company, including employee email addresses.Most Read from BloombergApple to Allow Outside App Stores in Overhaul Spurred by EU LawsMusk Loses World’s Richest Title to Arnault With Tesla UnwindingElon Musk Is Ruining Trump’s Presidential CampaignTesla Stock Has Never Been This Cheap — And It Could Still Drop FurtherUS Core Inflation Slo
The tech giant plans to let iPhone and iPad users install apps from outside the App Store, a new report claims, due to EU regulations.
