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MariaDB Corporation has joined the Open Geospatial Consortium (OGC) following its acquisition of CubeWerx, enhancing its commitment to open geospatial standards. This move aims to make geospatial information Findable, Accessible, Interoperable, and Reusable (FAIR). MariaDB plans to collaborate with OGC members to advance cloud-native geospatial standards, leveraging its SkySQL cloud platform. MariaDB's database solutions support hybrid and multicloud deployments, reaching over a billion users globally, demonstrating the recognition of geospatial data as crucial across applications.
MariaDB Corporation has appointed Christine Napoli as CFO and Christine Russell as a board member during a crucial growth period. The company reported a 42% increase in annual recurring revenue for the six months ending March 31, 2022, exceeding market growth forecasts. MarioDB now serves over 600 clients across various industries. Both Napoli and Russell bring extensive financial experience, with Napoli previously serving as CFO at Peacock, and Russell having held CFO roles in several publicly traded firms. The company plans to go public via a merger with Angel Pond Holdings Corporation (NYSE:POND).
MariaDB Corporation has launched a database challenge to showcase the superior performance of its distributed SQL database, Xpand, against competitors such as CockroachDB. If Xpand fails to show better throughput and lower latency, MariaDB will donate $25,000 to a nonprofit or for testing costs. Recent benchmarking indicated that Xpand achieved up to 10x better throughput compared to CockroachDB. Xpand is designed to handle millions of transactions per second, ensuring high availability and significant cost savings for users. Further details about the challenge are available on MariaDB's website.
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MariaDB Corporation has been awarded 'Database of the Year' in the LinuxQuestions.org Members Choice Awards for the ninth consecutive year, reflecting strong user support. The company also received a finalist position for Cloud Product of the Year at the National Technology Awards for its cloud database, SkySQL, praised for scalability and cost-efficiency. Notably, SkySQL has demonstrated outstanding performance and reliability for clients, further strengthening MariaDB's market position. Earlier this year, MariaDB announced plans to go public via a merger with Angel Pond Holdings Corporation (NYSE:POND).
MariaDB Corporation released Xpand 6, enhancing database performance with new operational analytics and faster parallel data replication. This upgrade allows businesses to handle unpredictable demand and diverse workloads while ensuring data consistency. Xpand now supports columnar data models, improving ad hoc query speeds by up to 50x. Furthermore, parallel replication increases throughput, enabling global deployments and resilience against service outages. Xpand 6 is available for trial now.