The history of Altibase goes back to 1991 when ETRI, a government research organization in South Korea, embarked on researching the effects of RAM on traditional relational databases. In 1999, Altibase was founded with an MOU between ETRI and Altibase. Since then, Altibase has pioneered In-Memory databases:
- Altibase now has the richest installation base in the world with over 500 global enterprise clients and thousands of mission critical deployments.
- Altibase realized from the beginning that In-Memory database was the only way to future-proof businesses. Altibase did not chase what was hot, but in stark contrast invented it.
- Altibase is the only In-Memory database provider in the world to offer absolute ACID compliance with a rich set of features and extensive eco-system.
- Altibase now has 185 employees of which143 are in R&D.
Chronology on How Altibase Has Become a Global In-Memory Database Leader
1991-1997ETRI, a government research organization in South Korea, researches the effects of RAM on traditional relational databases – Version 1.0 with project name of “Mr. RT.”
1997-1999Seoul National University, a top university in South Korea, develops version 2.0 of “Mr. RT.” The results were positive, and the extensive research indicated vast potential in commercial utilization of RAM-based relational databases.
2000Altibase creates the first In-Memory database for commercial use: Version 1.0 called Spiner.
Altibase closes its first global customer which places academic findings into a commercial environment.
Altibase version 1.3.1 High Availability and Replication
2001Daewoo Securities deploys Spiner 1.0 for its trading systems.
2002Altibase releases the second version of Spiner and renames the product ALTIBASE v2.0.
Altibase releases the first In-Memory database with Multi-Version Concurrency Control (MVCC) called ALTIBASE v3.0.
2003Altibase establishes partnership with ITEC, China.
2004Altibase receives “Best Global Product 2004” from the Korean Ministry of Commerce Industry and Energy.
Altibase releases version 4 and renames it ALTIBASE HDB v4.0. ALTIBASE HDB is the first In-Memory database with “hybrid” architecture, combining RAM and Disk in a single database.
2005Altibase establishes its leadership being the first to deploy an In-Memory database with “hybrid” architecture for commercial use.
Altibase launches its HybridDB database management system. 1+1=1.
Altibase’s HybridDB database introduces its proprietary MOVE technology
Altibase lands all 3 major Chinese telecommunications companies: China Telecom, China Mobile and China Unicom.
100+ enterprise clients
2006Altibase releases ALTIBASE HDB v4.1 with “Spatial” functionality.
Altibase receives “Presidential Award for Best Software” from the Ministry of Government Administration and Home Affairs.
2007Altibase forms partnership with Science Arts, Japan.
Altibase releases ALTIBASE HDB v5.0.
2008Altibase receives “Superior Software Award” from China for excellence in the Chinese telecommunications industry.
200+ enterprise clients
2009Altibase releases Data Stream Middleware product for complex events processing, called DSM 1.0.
IT TIMES recognizes Altibase’s dominance in telecommunications, finance, manufacturing, education and government.
Altibase opens office in China.
2010Open Geospatial Consortium certifies Altibase for excellence in geospatial functionality.
IT DAILY identifies Altibase as a leader in DBMSs with “Set to be the Number One Database Company in the World.”
Altibase opens office in Singapore.
Altibase opens USA technology center in Palo Alto, California.
Altibase surpasses 20 global partnerships.
2011A global medical equipment manufacturer embeds ALTIBASE HDB in all of its MRI, CT, Ultrasound and X-Ray machines.
Altibase releases ALTIBASE HDB v5.5.1.
IT TIMES notes, “Fastest, Most Efficient Database Imaginable with Altibase.”
400+ enterprise clients
2012Altibase establishes USA/EMEA headquarters in Greater New York City.
Gartner recognizes Altibase in “Who’s Who in In-Memory Databases 2012.”
Advanced Technology Korea notes, “Altibase, the Top Data Performance Solutions Provider.”
Altibase is deployed in Amazon EC2 Cloud for Samsung App Stores Authentication.
Altibase releases ALTIBASE HDB v6.0.
Altibase releases ALTIBASE CEP.
2013Altibase releases ALTIBASE XDB (Extreme Database), the fastest pure In-Memory database in the world.
Gartner recognizes Altibase in its Magic Quadrant for Operational DBMSs 2013 for “Product Maturity, Support, Customer Satisfaction and Wide Use-Case Applicability.”
Gartner recognizes Altibase in its “Who’s Who in In-Memory Databases 2013.”
Gartner recognizes Altibase in its “Hype Cycle for Business Intelligence and Analytics, 2013” for expertise in “High-Intensity Transactional Processing.”
500+ enterprise clients
Altibase passes 85% In-Memory DBMS market share in South Korea.
Altibase forms partnership with Amazon AWS Technology Partner.
Altibase forms partnership with Dell.
Altibase introduces analytic functions in ALTIBASE HDB.
Dell certifies ALTIBASE HDB v6.1.1 as “Certified Technology Partner.”
Altibase forms partnership with HP.
Altibase inks partnership with Southpartner, Brazil.
Altibase inks partnership with Akeydor, UK and Greece.
Altibase inks partnership with Intracom, Africa.
Altibase surpasses 40 global partnerships.
Altibase closes a top national bank in India for e-banking.
A leading research firm, Markets and Markets, recognizes Altibase as “Major Player” alongside Oracle, IBM, Microsoft and SAP.
2014Altibase inks global partnership with Intel.
Altibase inks partnership with Intel distribution for Apache Hadoop.
Altibase inks global partnership with Red Hat Inc. as its Advanced Business Partner.
Altibase featured on Amazon AWS Financial Services
Altibase inks partnership with Integral Financial Technology
Altibase inks global partnership with JBoss as its Advanced Business Partner
Altibase inks global partnership with UAT
Altibase recognized by Gartner’s Who’s Who for In-Memory Databases 2014