SINGLESTORE
“ The database market is now growing at around seventeen percent ( 17 %) a year and it is currently worth between $ 100 - $ 125bn ”
RAJ VERMA CEO , SINGLESTORE
It is just a different era and I think a lot of those companies are now struggling . History is littered with them . These companies went on to dominate for fifty or sixty years and they are still a force to be reckoned with – that ’ s nothing short of phenomenal really .”
Phenomenal it may be , but Verma leaves us in no doubt that he believes there is now a revolution in the evolution of the database business . SingleStore has sharp teeth and the hunting instinct for survival while the old guard of Oracle and IBM are stumbling as they carry the heavy burden of outdated legacy systems .
Legacy in chains “ I do believe there is a better way of handling modern data and building applications . I also believe SingleStore is one of those companies to do this , if not the best option among the better options .”
Verma says this is down to a fundamental problem faced by the database world and those who use its technology .
“ This is not about a willingness to change ,” he says . ‘ It is just the amount of legacy these businesses carry to make that change .
86 November 2021