CLEVELAND, June 9 /PRNewswire/ -- Electron Database Corporation (Electron) has announced that it will expand its operations to Asia with support from Infocomm Development Authority (IDA) and its wholly-owned subsidiary, Infocomm Investments Pte Ltd. Electron will set up its engineering and development centre in Singapore to focus on product development with industry partners.
Electron's technology, Electron DB, is highly advanced, enterprise class database software that will dramatically improve the performance of enterprise applications and cloud computing infrastructures. Current database software does not fully leverage many hardware innovations introduced over the last 10 years and will not be capable of leveraging upcoming advancements. Compared to current software, Electron's patented technology is expected to deliver faster performance on today's hardware and dramatically faster performance with hardware innovations over the next few years.
"Singapore has a very powerful ecosystem for technology companies to be successful and with the help of IDA, we are collaborating with industry leaders in hardware technology," said Gokul Soma, VP of Product Development.
Andrew Khaw, Senior Director, Industry Development Group for IDA said, "In recent years, we have seen an increase of foreign venture capital backed technology start-ups setting up their engineering centres on our shores to attack business opportunities in Asia-Pacific. Electron's decision to come to Singapore shows that as an international infocomm innovation hub, Singapore is able to provide the right business, infrastructure and support to develop their businesses here."
About Electron Database Corporation
Electron Database Corporation (Electron) is a US based company building advanced database software designed to dramatically improve the performance of enterprise applications and cloud computing infrastructure. Electron's patented technology is expected to deliver over 40 times faster performance on existing disk-based hardware and over 400 times faster performance on advanced, solid-state based hardware currently in development. Once released, Electron's technology will be the only database that fully leverages multi-core technology, 64-Bit computing, and advanced solid-state memory drives that are expected to transform the hardware market and deliver material gains in energy efficiency.
The IDA is committed to growing Singapore into a dynamic global infocomm hub. It uses an integrated approach to developing info-communications in Singapore. This involves nurturing a competitive telecoms market as well as a conducive business environment with programs for both local and international companies. For more news and information, visit www.ida.gov.sg.
SOURCE Electron Database Corporation