Smart Wallet Application – SK Planet

SK Planet adopted Altibase due to open source databases being unable to meet its real time requirements for smart wallet.

Use Case: Smart Wallet

Current Customers: SK Planet

Industry: Services

Who

SK Planet, a subsidiary of SK Telecom, is Korea’s largest mobile content provider engaged in mobile app stores, mobile maps, online music services and social network services.

Problem

SK Planet adopted open source databases when it opened its smart wallet beta service. The main motive for the adoption was that SK Planet did not have to pay any licensing costs for the databases. However, the result was disastrous.

  • Its system went down whenever there was an increase in the amount of concurrent users.
  • SK Planet had nobody to rely on or call for technical support. SK Planet concluded that open source databases were not an option at all as enterprise solutions.
  • The company incurred no upfront license cost, but eventually got what it paid for: poor features and no support.
  • Its TCO ended up spiraling out of control.

Solution

SK Planet did not hesitate to adopt Altibase in 2010: it knew Altibase was a trusted name in terms of reliability, feature-rich functions, performance and support. No other database vendors were invited for benchmark testing. The relationship between Altibase and SK Telecom goes back to 2002, when it adopted Altibase v3 for its Real Time Rating System.

Results

  • SK Planet was able to stabilize its smart wallet service regardless of the number concurrent users. Without Altibase‘s hybrid architecture, the service would not have been possible.
  •  CPU utilization was reduced by over 50% compared to open source databases.
  •  Its service speed increased to 700 TPS from 100 TPS that would have been the case with open source databases.
  •  SK Planet now can always rely on Altibase support 24/7.

Smart Wallet

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