Company
Date Published
Author
SingleStore
Word count
809
Language
English
Hacker News points
None

Summary

SingleStore recently announced its 7.5 release, which marks a significant milestone in the industry by introducing the world's first hybrid multi-cloud, unified analytical and transactional database. This new category of database addresses both analytical and transactional workloads for today's multi-cloud world, providing separation of storage and compute, point-in-time recovery, and universal storage with multicolumn key support. The CEO, Raj Verma, emphasized the need to address database sprawl and enterprise complexity, highlighting SingleStore's ability to unshackle enterprises from these complexities through its no-compromise database approach. Additionally, SingleStore introduced patented Universal Storage, which allows developers to focus on solving problems without worrying about data models. This marks a shift towards modern economics in databases, with credit-based pricing and flexible consumption models, ultimately empowering users rather than vendors.