BEDFORD, Mass., Oct. 21, 2015 /PRNewswire/ -- VoltDB, a leading provider of the industry's only in-memory fast data platform to power mission-critical real-time applications, today announced that it has been positioned by Gartner, Inc. in the 2015 Operational Database Management System Magic Quadrant for the third year in a row.[i]
VoltDB's position is based on its completeness of vision and ability to execute. More than half of VoltDB's customers use its hybrid transactional/analytical processing (HTAP) capabilities to power applications that rely on operational intelligence processing.
"We believe VoltDB's positioning in the 2015 Magic Quadrant is confirmation of our unique ability to enable customers to unlock the power of streaming, fast data to develop real-time applications that improve business performance," said Bruce Reading, president and CEO of VoltDB. "With the recent launch of VoltDB 5.6, we are delivering a revolutionary fast data platform for providing streaming analytics with transactions, providing the context and intelligence that drives better businesses decisions and actions. We look forward to extending the power of fast data across the enterprise."
To be included in this Magic Quadrant, vendors and products had to meet a number of criteria including ability to execute and completeness of vision. Ability to execute criteria are primarily concerned with vendors' capabilities and maturity. Criteria under this heading also consider products' portability and their ability to scale and run in different operating environments (giving the customer a range of options). Ability to Execute criteria are critical to customers' satisfaction and success with a product, so interviews with, and survey responses from, reference customers are weighted heavily throughout. Completeness of vision encompasses a vendor's abilities to understand the functional capabilities needed to support operational environments, to develop a product strategy that meets the market's requirements, to comprehend overall market trends, and to influence or lead the market when necessary.
A visionary leadership role is necessary for the long-term viability of both product and company. A vendor's vision may be demonstrated — and improved — by its willingness to extend its influence throughout the market by working with independent third-party application software vendors that deliver both added functionality for the operational environment and commercial off-the-shelf software. A successful vendor will be able not only to understand the competitive landscape of operational transactions but also to shape its future.
About Magic Quadrant
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.
[i] Gartner "Magic Quadrant for Operational Database Management Systems" by Donald Feinberg, Merv Adrian, Nick Heudecker, Adam M. Ronthal, Terilyn Palanca October 12, 2015.
VoltDB's in-memory SQL database combines streaming analytics with transaction processing in a single, horizontal scale-out platform. Customers use VoltDB to build applications that process streaming data the instant it arrives to make immediate, per-event, context-aware decisions. By delivering real-time in-transaction analytics that always produce correct results, VoltDB enables businesses to capture economic value and develop new revenue opportunities in the mobile, financial services, IoT, energy, advertising, and security industries. VoltDB is privately held with offices in Bedford, Massachusetts, and Santa Clara, California.
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