Energetech powers commodity trading strategies with QuestDB

Energetech leverages QuestDB to enhance its commodity trading strategies by efficiently managing real-time energy market prices and forecasts. The company deals with significant market volatility and high data volume, requiring robust data ingestion and processing capabilities, which QuestDB provides through its powerful deduplication, compression, and time-series data handling features. This architecture allows Energetech to achieve high ingestion rates of over 10 million messages per minute while maintaining minimal database growth, leading to significant cost savings. The database's built-in deduplication ensures forecast accuracy, and its materialized views facilitate instant analytics for energy and commodity prices. After a successful proof of concept, Energetech transitioned to a Bring Your Own Cloud deployment, adopting features like read-replicas and materialized views to enhance system availability and query efficiency.