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NuoDB’s Avant-Garde Database Drives Revenue Growth
2015 punctuated by industry recognition, product innovations, and expanded management team support
Cambridge, MA – January 28, 2015 – NuoDB, the database for cloud-enabled global applications, has continued to reshape how the market thinks about databases. Recognized as a visionary in the Gartner Magic Quadrant for Operational Database Management Systems (DBMS)* in October 2015, NuoDB marries the simplicity and transactional consistency customers expect from traditional databases with the elasticity, scalability, and flexibility they need to serve an increasingly growing, global, and mobile customer base.
Over the past 12 months, the company has strengthened its support for global and cloud-based applications by bolstering its product offering, with massive improvements to its scale-out capabilities and formal support for container-based environments, and expanded the management team to further build out the product and ensure customers success. As a result, NuoDB revenue increased by nearly 85 percent year-over-year, driven by demand from new customers, as well as expansions of existing customer deployments.
Doing Things Differently Garners Industry Validation
Traditional databases are powerful systems that have served the needs of on-premise applications, but as organizations increasingly seek to lower costs, increase availability, and gain greater flexibility for their applications, they quickly find their existing database systems cannot handle today’s requirements. In contrast, NuoDB’s SQL database was designed for distributed environments such as the cloud or Docker, enabling customers to maintain the enterprise management capabilities and transactional integrity they need, but with the flexibility to elastically scale on commodity hardware across multiple data centers.
In addition, Gartner named NuoDB as a visionary in the 2015 Magic Quadrant for Operational Database Management Systems and also placed NuoDB in the top four for all use cases analyzed in a follow on report entitled, “Critical Capabilities for Operational Database Management Systems**”. In fact, NuoDB received the highest product score (4.35 out of 5) out of 20 vendors evaluated for the Distributed Variable Data use case. NuoDB believes these findings reinforce the company’s mission and position as an innovator in an increasingly crowded marketplace.
Elasticity as Core to Our Product DNA
In 2015, NuoDB further advanced its market-leading support for distributed environments and elastic scalability. The DBT-2 benchmark test conducted in June demonstrated NuoDB’s ability to continually scale out the database and reach more than one million new order transactions per minute – reinforcing the database’s powerful performance and scalability capabilities, which is critical for enterprises running high-transaction business applications, globally.
In December, NuoDB expanded native support for Docker. Built around the same principles that have driven Docker’s widespread adoption – flexibility, scalability, and ease of deployment – NuoDB’s Durable Distributed Cache (DDC) architecture enables customers to add capacity on-demand across multiple hosts, containers, and even data centers, making it easier for the database to work naturally within and with containers.
Expanded Leadership for Expanded Market Opportunities
NuoDB’s ongoing innovation has been led by the company’s expanded management team. Under the leadership of newly appointed President and Chief Executive Officer Bob Walmsley, the company bolstered its executive roster naming industry veterans Roger Blanchette as chief financial officer, Jim Watson as senior vice president of engineering, and promoted Dirk Hamstra to vice president of services along with Charles Lamb to vice president of software development. NuoDB Founder Barry Morris in his role as executive chairman continues to lead company strategy and strategic alliances for the company. With decades of experience among them, collectively, the group will continue to evangelize NuoDB’s innovative approach to database management and capitalize on emerging market opportunities.
To further support company growth and increased customer adoption, NuoDB also expand their presence across the globe with the opening of a development center in Dublin, Ireland to serve as the hub of operations across Europe, Middle East and Africa (EMEA) and relocated the company’s worldwide headquarters to new, larger office space in Kendall Square, Cambridge MA.
Bob Walmsley, President and CEO of NuoDB:
“It is an exciting time to be a part of the database market. Across the industry, customer demand for systems and applications that are cloud-ready increases. We are thrilled to be considered a visionary for our avant-garde database and continue to be driven by the opportunity to help our customers leverage an innovative database system that can grow and change with them as their business demands. ”
- See how NuoDB scores in the Gartner report, “Gartner Critical Capabilities in Operational DBMS”
- Check out our blog post to see what it means to be named an “Avant-Garde RDBMS” vendor
NuoDB’s purpose-built SQL database combines the simplicity, rigor, and reliability of a traditional relational database with the elasticity, agility, and global accessibility provided by the cloud.
As application vendors and enterprises increasingly turn to the hybrid cloud to support their growing, global, and increasingly mobile, customer base, they rely on NuoDB as the only database that can maintain transactional consistency and integrity at global scale. These organizations trust NuoDB to meet all their needs – active-active deployment, elastic scalability, data residency, and more – as they run applications in the cloud.
NuoDB is headquartered in Cambridge, MA, USA, with offices in Dublin and Belfast. For more information, visit nuodb.com.
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
*Gartner, Magic Quadrant for Operational Database Management Systems — Donald Feinberg, Merv Adrian, Nick Heudecker, Adam M. Ronthal and Terilyn Palanca. Published October 2015.
**Gartner, “Critical Capabilities for Operational Database Management Systems” by Merv Adrian, Donald Feinberg, Nick Heudecker, Adam M. Ronthal and Terilyn Palanca, December 9, 2015.