HANGZHOU, China–(BUSINESS WIRE)–OceanBase, an enterprise-level distributed relational database provider, has been acknowledged as a notable vendor by Forrester in its report “The Translytical Data Platforms Landscape, Q3 2022”, published in July, 2022.
Technology and data leaders should use this Forrester report to understand the value they can expect from a translytical data platform provider, learn how providers differ, and select one based on size and market focus.
According to the report, a translytical data platform is “a unified real-time data platform that simultaneously supports multiple workloads… enabling data consistency, concurrency, transactional integrity, self-service and automation, and analytical accuracy while leveraging in-memory, multimodel, in-built-analytics, and AI/ML capabilities.”
The report states that, “vendor offerings in the translytical market support technology and business groups, enabling organizations to deliver unified, consistent data across various business application development initiatives.”
“OceanBase is honored to be recognized as a notable vendor by Forrester for its translytical database capabilities. This reflects OceanBase’s strong transaction processing capabilities to support multiple real-time analytical workloads,” said Yang Chuanhui, Chief Technology Officer of OceanBase. “With its ‘product-led growth’ business model, OceanBase will continue to make database system management and operation easier and more seamless for our customers around the world.”
To date, approximately a quarter of the top 200 financial institutions in China have chosen OceanBase as a preferred technology provider to upgrade their core IT systems, including the Industrial and Commercial Bank of China, China Construction Bank, Bank of Nanjing, among others. OceanBase also serves prominent companies from non-financial services industries such as energy, telecommunication and transportation.
To read the entire Forrester report, click here (available to Forrester subscribers and for purchase).
Launched in 2010, OceanBase is an enterprise-level distributed relational database. OceanBase’s strengths over alternative solutions include strong data consistency, high availability, high performance, low cost, online scalability, and high compatibility with SQL standards and other mainstream relational databases. Its performance has been proven in many Alipay large-scale business scenarios, as well as at the annual 11.11 Global Shopping Festival. In May 2020, OceanBase set the world record for online transaction processing performance, with 707 million transactions per minute in a TPC-C benchmark test.
OceanBase’s open-source community was officially launched on June 1, 2021, and since then, developers across the world that have joined the community have contributed more than 500 code commits and 600 original posts on technical practices.
To learn more, please visit: https://www.oceanbase.com/en
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