The Gateway to Algorithmic and Automated Trading

McObject positioned in Gartner's Operational DBMS Magic Quadrant

First Published 5th February 2014

McObject recognised in Gartner's Magic Quadrant for Operational Database Management Systems report.

Steve Graves, CEO and co-founder, McObject

Steve Graves, CEO and co-founder, McObject

"McObject greets its inclusion in Magic Quadrant for Operational Database Management Systems as what we believe is important validation for the product development course we've charted since launching eXtremeDB."

Federal Way, WA - McObject, developer of the eXtremeDB In-Memory Database System (IMDS) product family, has announced it has been recognized by Gartner, Inc. through inclusion in Gartner's Magic Quadrant for Operational Database Management Systems report, published on October 21, 2013.

The new edition of Gartner's report on operational DBMSs - formerly called OLTP, or on-line transaction processing DBMSs - is the first in which McObject has appeared. The report "deals with the key capabilities of information management for transaction processing. It should therefore interest anyone involved in defining, purchasing, building or managing a transaction processing environment; notably, CIOs, CTOs, infrastructure management, database and application architects, database administrators and IT purchasing managers," it states.

"Previously, the OLTP DBMS was very mature with few new entrants to challenge the status quo. Over the past five years or so, this market has changed rapidly, hence Gartner's redefinition of the market to the operational DBMS market," the report states. "With the introduction of NoSQL in support of unstructured data in transactions and the viable use of in-memory computing, many organizations are beginning to use these new DBMS engines for specific use cases (such as global scalability of Web applications)," it says.

"McObject greets its inclusion in Magic Quadrant for Operational Database Management Systems as what we believe is important validation for the product development course we've charted since launching eXtremeDB more than a decade ago," said Steve Graves, McObject CEO and co-founder. "Originally a tiny-footprint in-memory database for embedded systems and C/C++ developers, eXtremeDB has evolved into a scalable, highly flexible solution used to meet a wide range of computing challenges, far beyond the initial target markets, that demand maximum speed and reliability."

As milestones in eXtremeDB's evolving development, Graves cited the addition of 64-bit support; SQL/ODBC/JDBC and native language interfaces including Java, C# (.NET) and Python; high availability and clustering editions; hybrid in-memory and persistent storage; multi-version concurrency control (MVCC) transaction management; platform support including Linux, Windows and many server, mobile and real-time operating systems(RTOSs); integrated performance monitoring; optional columnar, row-based and hybrid data layouts; and vector-based processing of time series data, including the ability to pipeline vector-based statistical functions.

  • Copyright © Automated Trader Ltd 2017 - Strategies | Compliance | Technology

click here to return to the top of the page