[Sequoia] database SequoiaDB Sequoia re-recognized enterprise-class, distributed database lead "one hundred million mid-stream."

It is the world's most authoritative IT research and consulting firm Gartner predicts, DBMS (database management system) market from 2017 to 2018 grew by 18.4% to $ 46.1 billion, which is the most substantial growth ever, and is expected to 2019 more than $ 50 billion. Cloud DBMS year revenue growth to $ 10.5 billion, accounting for 22.8% DBMS total revenue by 2021, is expected to cloud database management system (DBMS) DBMS 50% of the total revenue will account for income market.

In addition, the report notes that in the face of high concurrency, mass data, and business scenario requires strong consistency strong expansion capability, the traditional database has been unable to meet demand, and distributed database can respond to such scenarios. Therefore, a distributed database products gradually become segments of business services are most concerned about.

Sequoia appeared in the "new one hundred million mid-stream" list

Recently, sponsored by the business entrepreneurs dark horse Twelfth Annual Meeting held in Beijing, one hundred million represents the revenue flows to reach one hundred million yuan level, the mainstay of science and technology innovation enterprise. 

 

Sequoia database as the industry's leading financial level distributed database vendors, the General Assembly elected "dark horse 2019 TOP100: The new one hundred million mid-stream" heavy list.

Theme of the conference "The new one hundred million mid-stream", calling for the return of commercial nature, the main push deep plowing industry, valuation is not hype, do serious revenue and profit, the real value-creating technology companies.

The list selected companies have three major characteristics:

1. from industry to industry as the foundation, on behalf of the Internet industry, with new models and new technologies for industrial innovation.

2. healthy and sustainable revenue, not to hype the valuation for the purpose of providing real value to users.

3. The use of new technologies AI, 5G, big data, the block chain, and industrial entities combined.

 

 Financial market acceptance level

As the mobile Internet and intelligent financial services, the traditional database has been unable to cope with large volumes of data, the rigid system architecture and the high cost of many other issues, at the same time, the existence of these problems has become a business to promote traditional distributed architecture transition the driving force. Meanwhile, in the trend of the future development and application of micro-service cloud platform, the application will not build a "chimney" middleware plus the database schema, instead of using thousands or even tens of thousands of micro-service program to construct complex mesh model.

As the first self-distributed database research team, redwood database from the outset positioned on the real level of financial products, distributed database application on research from the financial sector, we are a pioneer in the field of the entire database, also remain leading position. A few key words may well reflect our eight years in the financial industry, deep plowing results: 

2014: the first in 2014, the database giant Sequoia has taken the lead on the production line of a large joint-stock banking business, is one of the earliest large banks distributed database project, started the "first shot" from the financial industry research database applications.

544 billion: for high concurrent online business, giant sequoias largest single database cluster size of 141 physical servers, single-platform access 3441 table, the number of data records reach up to 544 billion, the total amount of data to achieve the PB level.

50+: Sequoia database already has more than 50 banking customers include large state-owned banks, joint-stock banks, rural credit agribusiness banks and city commercial banks, etc., distributed database market share in the financial sector to stay ahead.

Core transaction: Sequoia includes core database transactions, data sets, content management, and real-time data services, and other scenes in the bank user scenarios.

With the increasing maturity of the technology environment and the gap with the leading foreign companies continue to shrink, the domestic database industry entered a rapid growth phase. Sequoia database for three consecutive years Gartner report recommended, always adhere to independent research and development and technological innovation, after eight years of technological development and market temper, iterative developed a leading technology, product security and stability, versatility level of financial product. Currently bank customers redwood database has more than 50, including large state-owned banks, joint-stock banks, rural credit agribusiness banks and city commercial banks, covering 17 provinces, municipalities and autonomous regions, the domestic banking sector has become the most widely used financial level distributed database products.

Sequoia future deep foundation database software, insist on technological innovation, continue to provide real value to users.