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Altibase fortifies its international presence via a partnership with a major Turkish ISV

(MENAFN - GetNews) Leading provider of Enterprise Grade Open Source Database/DBMS, Altibase, enters into a strategic partnership with Ziraat Yatirim to consolidate the company\'s global presenceAltibase recently partnered with Ziraat Yatirim, a major Turkish securities firm, as part of the company\'s goal of strengthening its international presence. The deal was sealed in February 2020, with the Turkish firm opting to adopt Altibase for its online trading system.James Jang, CEO of Altibase, says that the deal epitomizes a strategy a non-legacy database vendor should take to penetrate and succeed in the international market. \'To tap into the overseas markets requires a great deal of efforts and capital expenditures for non-legacy software vendors particularly when their brand awareness is low. Although Altibase is well known and its product stability and maturity are second to none in the APAC market, its presence in the western hemisphere has been minimal, James said. \'Rather than DIYs, working with local partners is a most effective and cost-efficient way to succeed in overseas markets particularly as database business has a very long sales cycle, he continued.ATP, an Altibase\'s local partner in Turkey, originated the deal and executed PoCs and BMTs. The PoCs and BMTs were executed via remote online support of Altibase experts. ATP, which is a subsidiary of Ata Holding of Turkey, is a leading technology solutions provider in Turkey, with several clients from the enterprises in the finance and hospitality industries in Turkey and EMEA.Over the years, Altibase has demonstrated the willingness to nurture overseas partners through online training and knowledge transfer. In a similar vein, the company recently revamped its website to make it more user-friendly and informative, with more content for users. Also, Altibase provides on-site training for international value-added-sellers who are incentivized by revenue split in their favor.\'The ATP deal is a product of long-term relationship and mutual support between Altibase and its partner and is expected to lead to more deals in the EMEA market, James Jang said.Since it started operations in 1999, Altibase has served over 650 enterprise clients, including 9 Fortune Global 500 companies in the international database market.For more information about Altibase and its wide range of solutions, please visit - http://www.altibase.com/ .About AltibaseAltibase was founded in 1999. Headquartered in Seoul and New York, the Enterprise Grade Open Source Database/DBMS, the company\'s solution has been deployed in over 6000 use cases in industries ranging from telecommunications, finance, manufacturing, and public service.Altibase recently partnered with Ziraat Yatirim, a major Turkish securities firm, as part of the company\'s goal of strengthening its international presence. The deal was sealed in February 2020, with the Turkish firm opting to adopt Altibase for its online trading system.James Jang, CEO of Altibase, says that the deal epitomizes a strategy a non-legacy database vendor should take to penetrate and succeed in the international market. \'To tap into the overseas markets requires a great deal of efforts and capital expenditures for non-legacy software vendors particularly when their brand awareness is low. Although Altibase is well known and its product stability and maturity are second to none in the APAC market, its presence in the western hemisphere has been minimal, James said. \'Rather than DIYs, working with local partners is a most effective and cost-efficient way to succeed in overseas markets particularly as database business has a very long sales cycle, he continued.ATP, an Altibase\'s local partner in Turkey, originated the deal and executed PoCs and BMTs. The PoCs and BMTs were executed via remote online support of Altibase experts. ATP, which is a subsidiary of Ata Holding of Turkey, is a leading technology solutions provider in Turkey, with several clients from the enterprises in the finance and hospitality industries in Turkey and EMEA.Over the years, Altibase has demonstrated the willingness to nurture overseas partners through online training and knowledge transfer. In a similar vein, the company recently revamped its website to make it more user-friendly and informative, with more content for users. Also, Altibase provides on-site training for international value-added-sellers who are incentivized by revenue split in their favor.\'The ATP deal is a product of long-term relationship and mutual support between Altibase and its partner and is expected to lead to more deals in the EMEA market, James Jang said.Since it started operations in 1999, Altibase has served over 650 enterprise clients, including 9 Fortune Global 500 companies in the international database market.For more information about Altibase and its wide range of solutions, please visit - http://www.altibase.com/ .About AltibaseAltibase was founded in 1999. Headquartered in Seoul and New York, the Enterprise Grade Open Source Database/DBMS, the company\'s solution has been deployed in over 6000 use cases in industries ranging from telecommunications, finance, manufacturing, and public service.Media ContactCompany Name: Altibase Corp.Contact Person: Richard NahmEmail: Send EmailPhone: +82-10-5788-4748Country: United StatesWebsite: http://www.altibase.com/

Altibase has Signed a Contract with MobiCom to Provide its Database Solutions

By Matthew WilesAltibase has signed a contract with MobiCom in order to provide its database solutions to the Mongolian telecommunications giant. The contract was signed in the March month of 2020 with MobiCom in order to adopt Altibase’s 7.0 version for its mobile platform for storing the infrequently used data.Altibase has made its name for providing excellent database solutions to everyone. MobiCom has chosen the Altibase for it avoids the need to purchase separate caching solutions. Altibase offers high performance, an in-memory database that simply eliminates the common issues associated with commercial caching solutions.MobiCom is a Mongolia based telecommunications giant and it got established as the first mobile operator in Mongolia in the year 1996. The largest telecommunications company has a 33% share in the Mongolian mobile service market and it is also involved in various other businesses such as international calls, the internet, and satellite communications.Altibase has been providing database solutions to different clients since the year 1999. It is noted for its in-memory database capabilities to provide extremely high throughput with low latency. In the year 2005, Altibase introduced its hybrid database in order to combine an in-memory database with a disk-resident database into a single unified engine. And by doing so, it has eliminated the need to purchase the two disparate databases separately.Altibase, the enterprise grade open source DBMS has been receiving a lot of positive responses in the telecommunication sector and it has got many clients due to its cost-effective and high-performance database solutions. Just like MobiCom, it has got China Mobile, China Telecom, China Unicom, KT, SKT, and LG Uplus on its customers’ list.

HomeBusinessAltibase is Providing Cost-Effective and High Performance Database Solutions in the Telecommunications Industry Altibase is Providing Cost-Effective and High Performance Database Solutions

by Alex PritchardApril 10, 2020Altibase, an enterprise grade open source database company has been into the news for providing cost-effective and high-performance hybrid database solutions in the telecommunications industry. Recently, it signed a contract with MobiCom, the largest telecommunications company based in Mongolia. Altibase is noted for its in-memory database capabilities that ensure the high throughput with low latency.Over the last few years, it has made revolutionary changes in its database solutions due to which it enjoys customers from across the world. Various mega telcos namely, China Mobile, China Telecom, China Unicorn, KT, SKT, and LG Uplus are using Altibase database solutions. And Mongolian telecommunication giant, MobiCom is also engaged with Altibase for its database solutions.MobiCom, the largest and the first telecommunication operator based in Mongolia has also opted for Altibase database solutions for storing data related to its business such as international calls, the internet, and satellite communications. MobiCom signed a contact with Altibase as there is no requirement for purchasing separate caching solutions for enterprises. And MobiCom can easily adopt and utilize Altibase’s traditional relational principles and paradigms.Altibase database has got hybrid architecture that combines an in-memory database with a disk-resident database into a single unified engine. And there is no need to purchase the two disparate databases separately. In comparison to other database vendors, Altibase provides flexible and cost advantages database solutions due to which lots of telecommunications companies are approaching it from across the world.Altibase, an enterprise grade open source database provides database-related TCO down and it also improves performance and stability. One of the major reasons for its rising demand is that it doesn’t have any license cost. Moreover, paying the subscription fees is optional and the amount varies according to clients’ IT budget by taking into consideration the specific DB needs and requirements.

SD Times news digest: Microsoft’s AI Business School, Altibase’s sharding technology, and Kony Quantum

in News, 2019 /SD Times news digest: Microsoft’s AI Business School, Altibase’s sharding technology, and Kony QuantumPublished: March 12th, 2019– Jenna Sargent In an effort to help business leaders answer questions related to their AI journeys, Microsoft has launched its AI Business School. The course was designed with the goal of empowering business leaders to confidently lead in the age of AI.The course includes case studies and guides, lectures, perspectives, and talks that can be viewed in small doses to accommodate busy schedules.“There is a gap between what people want to do and the reality of what is going on in their organizations today, and the reality of whether their organization is ready,” said Mitra Azizirad, corporate vice president for AI marketing at Microsoft in Redmond, Washington. “Developing a strategy for AI extends beyond the business issues. It goes all the way to the leadership, behaviors and capabilities required to instill an AI-ready culture in your organization.Altibase open sources its sharding technologyAltibase has open sourced its scale-out sharding technology. According to Altibase, a common challenge with sharding is that it requires coordinators to manage and administrate nodes between servers, but those coordinators often end up being a bottleneck. Altibase aims to address this problem by minimizing the use of coordinators, resulting in accelerated performance.“We expect that our sharding should appeal to those clients who want to scale out their systems at a fraction of cost of another option, scale-up, which requires to purchase very expensive, high-end servers in dealing with big data,” said Paul Nahm, chairman of Altibase.Kony Quantum low-code platform launchesLow-code provider Kony has launched a new, advanced low-code apps development platform. Kony Quantum combines the ease of use and speed of low-code development with the power of a digital experience development platform.According to Kony, the solution will allow businesses to build mission-critical web and mobile solutions for internal and external apps. 

Altibase is Deployed for Data Management Platform for Airport Traffic Control

in News, 2019 /Altibase is Deployed for Data Management Platform for Airport Traffic ControlNEW YORK, April 1, 2019 /PRNewswire/ — Altibase announces that Korea Airports Corporation (KAC) has adopted Altibase for its big data platform harnessing various IoT technologies.KAC carries out construction, management and operation of airports and manages and controls airport traffic. It manages and operates total of 14 airports in Korea.Altibase is an enterprise grade open source databaseAltibase is adopted by an airport company for airport traffic controlKAC has long been looking for databases for its big data platform to utilize cutting-edge IoT technologies to improve the efficacy of collecting and analyzing of data such as passenger and airport flow. However, KAC’s legacy DBMSs failed to meet its requirements:KAC is inundated with a huge amount of data influx from its 14 airports. The legacy DBMSs did not meet the throughput requirement, a minimum of 100,000 transactions per second in storing and manipulating formal data. As a result, the whole system often fell into arrears.Even mere seconds of database downtime cannot be tolerated with KAC, which could lead to fatal casualties, not to mention lost revenues and reputation. Consequently, an extremely high level of stability is required of its DBMSs.The new DBMS should be compatible and interoperable with other core systems of Hadoop and the platform as well.KAC conducted a number of BMTs and eventually chose Altibase over Oracle.Altibase’s 19 years’ accumulated knowhow in the field of MES and experience in storage and analysis of big data gained high scores.Altibase’s in-memory capabilities allow for high throughput and low latency, particularly high processing performance of big data.High performance was a requisite in the use of UI/UX.KAC’s zero tolerance of database downtime was met by Altibase.As a result, KAC is now able to collect and analyze big data (i.e. flight status and passenger flow) in real time, to anticipate airport congestion, improve passenger convenience and to more efficiently operate airport resources. Moreover, with cooperation with mobile service providers, KAC has added new passenger services by providing the shortest routes from their departing points to their airports to avoid heavy traffic.After nearly 20 years as a closed-source database, Altibase is now open source, and that includes its state-of-the-art scale-out technology, sharding.For more information and download, please visit: http://altibase.comCompany Name: Altibase Corp.Address: 40 Wall Street, 28th FloorCity: New YorkState: New YorkCountry: United States

Altibase has open-sourced its scale-out technology, sharding

in News, 2019 /Altibase Has Open-Sourced Its Scale-Out Technology, ShardingThe sharding is now included in its open source database.“Our sharding is a major technological breakthrough given its unique design, adoptability and cost effectiveness,” says Altibase chairman, Paul Nahm.Altibase is a highly scalable open source database.“Relational databases are known to lack horizontal scalability when compared to NoSQL. But Altibase is now one of only a very small subset of relational database vendors that are highly scalable by providing sharding.”“As the data size enterprises handle is growing exponentially and there is a grave concern over IT expenditures, the ability of effectively scale should be a key variable in the choice of database in this age of big data and cloud computing,” adds Paul Nahm.In sharding technologies, coordinators are needed to manage and administrate nodes between servers. But the coordinators themselves are often a bottleneck and the performance deteriorates as a result.Altibase resolves the problem as its sharding is designed to super-minimize the use of coordinators and thus can accelerate performance. As a result, the users can add as many servers as necessary without experiencing coordinator-related performance degradation.“In addition, we expect that our sharding should appeal to those clients who want to scale out their systems at a fraction of cost of another option, scale-up, which requires to purchase very expensive, high-end servers in dealing with big data,” says Paul Nahm.“The best way to evaluate database vendors regarding their sharding is to see who is adopting it,” adds Paul Nahm. Altibase’s sharding was adopted by China Mobile in 2018 and is now under review by many other major telcos.Altibase is a mature, battle-tested open source database. For nearly 20 years, Altibase has served over 600 enterprise clients, including 8 Fortune Global 500 companies, in more than 6000 deployments.More information about Altibase is available at its website. (www.altibase.com)Company Name: Altibase Corp. Address: 40 Wall Street, 28th Floor City: New York State: New York Website: http://altibase.com

Altibase is Adopted by CoreDAX, a Cryptocurrency Exchange

in News, 2019 /Altibase is Adopted by CoreDAX, a Cryptocurrency Exchange, for Management of Key IT Functions of Matching, Data Distribution and LedgersNEWS PROVIDED BYAltibase Corp. Jan 07, 2019, 08:38 ETCoreDAX currently trades 17 cryptocurrencies including Bitcoin and Etherium.Altibase on Cryptocurrency ExchangeCoreDAX wanted to gain its competitive advantages over existing cryptocurrency exchanges by providing high performance and reliable services. Its legacy disk-resident databases, however, were far from satisfying the requirements.Its system should not tolerate any downtime. Thus, the new database should provide an extremely high level of product maturity and stability.The new database should provide robust disaster recovery and high availability features.The new database should be able to process millions of transactions per second and response times measured in microseconds.It should also be able to process transactions for over 300,000 concurrent logons.For CoreDAX, Altibase was a textbook database. Altibase’s in-memory capabilities met CoreDAX’s requirements for high performance, product reliability competitive pricing. In addition, Altibase’s quality reference customer list was a critical factor for the choice – over 600 global enterprise clients including 8 Fortune Global 500 companies.Net results were:CoreDAX currently processes over 2 million transactions per second in matching engine and over 100,000 orders per second with latency in under 100 microseconds.It can handle over 300,000 concurrent logons.By applying Altibase’s encryption algorithm to protect data, CoreDAX secures a high level of security required of financial institutions.CoreDAX is enabled to provide its “Cool Wallet” which allows coin transmission only when time control technology and authentication value are confirmed.CoreDAX has lowered its TCO as Altibase reduces hardware costs as it in-memory capabilities allow for better performance on equivalent servers and hardware than disk-resident databases.After nearly 20 years as a closed-source database, Altibase is now open source, and that includes its cutting-edge scale-out technology, sharding.For more information and download, please visit: http://altibase.comCompany Name: Altibase Corp.Address: 40 Wall Street, 28th FloorCity: New York

Altibase Announces that Samsung Electronics Has Replaced Oracle with Altibase for its Refurbishment System

Altibase is pleased to announce that Samsung Electronics has adopted Altibase for its factories to produce refurbished products. By switching to Altibase, Samsung Electronics has significantly reduced its total cost of ownership, while taking advantage of high data processing speeds and hybrid features of Altibase over Oracle.Samsung Electronics has recently set up factories to produce refurbished products. The company had found Oracle databases onerously expensive. Its license costs were too high, and so were its maintenance fees. After conducting a series of intensive benchmark tests to look for an alternative to Oracle, the company finally chose Altibase in 2018.“We are pleased to announce that Samsung Electronics has adopted Altibase for its refurbishing factories. This is a major milestone for the product, and we are excited to offer the cutting-edge features of Altibase along with a very low total cost of ownership,” said James Jang, CEO of Altibase Corp.The Samsung factories are meant for refurbishing unused customer returns or defective products returned under warranty. Consequently, keeping manufacturing/operation costs as low as possible is the key to successful refurbishment. Databases comprise one of the largest and the most expensive segments of the enterprise software landscape and over 50% of the cost of its total application stack.From its past experience of deploying Altibase, Samsung Electronics had no doubt as to Altibase’s product maturity, functionality and reliability. In addition, Altibase has its own unique advantage compared to Oracle: Altibase’s hybrid architecture allows for utilization of memory tables for high performance and disk tables for economical storage, and consequently it eliminates the need for Samsung Electronics to purchase an in-memory database and an on-disk database separately, further lowering total cost of ownership.Highlights of Altibase adoption at Samsung Electronics: Altibase’s in-memory capabilities and advanced query optimization techniques provide Samsung Electronics with high performing data processing speed, which is mandatory for its MES with high throughput requirements.Utilizing Altibase’s Migration Center, it was easy to convert complex Oracle procedures to Altibase procedures, and the migration from Oracle to Altibase was easy and straightforward.High availability was achieved by reconfiguring with Altibase’s shared-nothing replication.Altibase’s replication replaced the enormously expensive Oracle’s Real Application Cluster (RAC), eliminating the need to deploy an unnecessary 3rd party redundancy solution. The result is lower total cost of ownership.Samsung Electronics made the most of Altibase’s scalar subquery caching technique. Using the technique, it could enhance the performance by over 100%, as its scalar subqueries have relatively smaller number of distinct values (NDV).After nearly 20 years as a closed-source database, Altibase is now open source, and that includes its cutting-edge scale-out technology, sharding.Learn more about Altibase at: https://youtu.be/pooexk0glK8, and download its open source database including sharding at: http://altibase.com.For more information, please visit: http://altibase.comMedia ContactCompany Name: Altibase Corp.Contact Person: Richard Nahm – Chief Marketing OfficerEmail: Send EmailCity: New YorkState: New YorkCountry: United StatesWebsite: http://altibase.com/

Samsung Electronics set the bar in embracing new 5G network technology

By SEAN GALEA-PACE . Jul 16, 2018, 6:24AMThe South Korea-based technology giants, Samsung Electronics, are set to become the first company to welcome new 5G network technology, The Investor reports.The firm will embrace the new era of fifth-generation network systems with equipment that is said to “sit above the competition.”At a press conference on Friday, Kim Young-ki, head of Samsung Electronics’ network business division, stated: “Right now, Samsung is really becoming a ‘first-mover’ in 5G, a technology that will bring new value to the world.”“Samsung is an attractive equipment vendor for telecommunication companies working to successfully deploy fifth-generation services worldwide.”Kim Young-ki also announced that by 2020, Samsung would aim to control 20% of the global 5G equipment market.By enabling the new 5G network, 28 Gigahertz will be required in order to meet the networks demands. This is in addition to 800 megahertz of bandwidth that will be utilised in order to receive the maximum speed of 10 gigabytes per second.See more:Daimler and Bosch self-driving pilot will be held in CaliforniaCanon and AVEVA form imaging technologies joint venture for smart factoriesAirbus and Boeing to combine $3.1bn order of 19 jets from VistaraRead the latest issue of Manufacturing Global hereSamsung used Multi-Input Multi-Output technologies through radio frequency to create and form the basis of 5G without the necessity of buying more spectrum or adding new base stations.The multinational conglomerate used a total of 1,024 antennas to complete the process.“A technology that can handle a bandwidth as wide as this and achieve a throughput of 10 Gbps is what should truly be considered as 5G technology,” Kim Young-ki confirmed.“And it’s important to note that this is a technology that is not undergoing tests, but is set for (imminent) commercialization.”Korea anticipates a nationwide 5G network to be in operation by March 2019.

Altibase Enables a Mega Telco to Have Big Data at Its Fingertips Through Its Cutting-Edge Scale-Out Technology, Sharding

A common belief is that relational databases lack horizontal scalability and have limitations in handling large data sets. Altibase has proven that this belief is no longer valid.NEWS PROVIDED BYAltibase Corp. Sep 17, 2018, 08:45 ETNEW YORK, Sept. 17, 2018 /PRNewswire/ — This September, Altibase announces that a mega telco with hundreds of millions of subscribers has recently adopted Altibase for its sharding.The telco had reached the breaking point due to an ever-increasing influx of data as its subscribers were rising exponentially, and the company had to add more and more services to stay competitive.Altibase: Highly Scalable Open Source DatabaseThe company once considered adding new, more powerful high-end servers, but soon abandoned the option because it would break the telco’s budget. Instead, the telco decided to scale out its databases with the addition of cheap/economical commodity servers.However, this option posed a problem too. Very few database vendors provided sharding technologies. And those that did were not relational databases. The vast majority of the telco’s applications ran on relational databases.Then, the telco found Altibase — a relational database providing sharding technology.Using Altibase’s sharding, the telco kept its existing servers and just added inexpensive commodity servers as needed — at a small fraction of the cost of the first option’s expensive high-end servers.And using Altibase’s sharding, the telco didn’t have to make any changes to its existing systems running on relational databases. The execution was easy and quick.With Altibase, the telco experienced almost no coordinator-related bottlenecks. And no matter how many servers were added, linear performance enhancement was maintained.In sharding, coordinators are needed to manage and administer nodes between servers. But coordinators themselves are often a bottleneck, and the performance deteriorates as a result. Altibase is designed to super-minimize the use of coordinators and thus can accelerate performance.Thanks to Altibase, the telco got just what it needed: big data at its fingertips.After nearly 20 years as a closed source database, Altibase is now open source — and that includes its state-of-the-art sharding.Learn more about Altibase at https://youtu.be/pooexk0glK8, and download its open source database including sharding at http://altibase.com.

How does Altibase compare to Oracle TimesTen and other in-memory databases

Sep 13, 2018Altibase provides superior performance in comparison to Oracle TimesTen and other in-memory DBMSs. Representative examples include 99.999% HA, horizontal and vertical scalability, hybrid DB technology and more. When compared against Oracle TimesTen, Altibase excels in overall performance and especially in complex queries, and its data durability in system failure situations is more stable.Altibase provides various communication channels (TCP/IP, SSL/TLS, Unix Domain Socket, IPC and IPC-DA) to optimize performance.Altibase’s IPC-DA and Oracle TimesTen’s DA are similar in that both allow applications to directly read and write data to shared memory, which minimizes memory access and maximizes access performance. However, Altibase’s IPC-DA compares favorably to Oracle TimesTen’s DA because the former is safer than the latter. With Altibase’s IPC-DA, a client program accesses only a communication buffer, not data itself, so that it is not possible for the data to be exposed to corruption whereas Oracle TimesTen’s DA accesses a database directly so that data in the database is always potentially exposed to corruption.Altibase has competed neck and neck particularly with Oracle TimesTen. The following case studies include related stories.Manufacturing Execution System and Process Control System – POSCO : chosen through benchmark tests over Oracle TimesTen and IBM SolidDBBilling and Order Support System – One of the World’s Largest Mobile Telecommunications Providers : chosen over Oracle Exadata and Oracle TimesTenAltibase vs. Other In-Memory DatabasesCategoryItemsAltibaseOracle TimesTenIBM SolidDBSAP HANACommunication ChannelDirect AccessSupportedSupportedNot SupportedNot SupportedLock MechanismMVCCSupportedSupportedSupportedSupportedFunctionalitySQLSQL92, SQL99SQL92, SQL99SQL92, SQL99, SQL2003SQL92, SQL99ReplicationSupportedSupportedSupportedSupportedPerformance(Complex Queries)TPC-HHigh performanceLow performanceLow performanceHigh performanceProductivityDevelopmentConvenienceAPRE, PSM(PL/SQL)ProC, PL/SQLSA API, procedurePrecompiler Not offered, stored procedureUsabilityManagement ToolsOrangeOracle Enterprise ManagerSolid consoleSPS 07PlatformsFully supportedFully supportedFully supportedFully supportedInteractive SQL ToolSupportedSupportedSupportedSupportedStorage ManagementOn-Disk TableSupportedNot supportedNot supportedNot supportedMultiple DB Files ConfigurationSupportedNot supportedNot supportedSupportedDB AutoextendSupportedNot supportedNot supportedSupportedReplication1:N waySupportedSupportedSupportedSupportedReplication b/t Heterogeneous SystemsSupportedSupportedSupportedSupported