A Press Release
‘IoT Vendor of the Year’ and ‘Outstanding Structured Database’ Winner McObject Ends Another Successful Year
18 December 2018, London, New York, Seattle: McObject®, developer of the ultra-fast and scalable eXtremeDB® database management system, has recorded an excellent 2018, consolidating its market-leading position with multiple award wins. The year also marked increased industry focus on the innovative eXtremeDB system with new partnerships, new clients, product releases and new industry benchmark records being set.
McObject had two impressive award successes this year: winning the ‘Outstanding Structured Database’ category of the Computing Big Data Excellence Awards and being named ‘IoT Vendor of the Year’ in the Computing Technology Products Awards. It was also shortlisted by the IoT Global Awards in two categories: ‘Big Data and Analytics’ and ‘Industry and Construction’.
The company set multiple performance benchmark records with eXtremeDB v8.0 (running on E8 Storage) in the independently audited STAC-M3™ test suite; the fastest test was 17x faster than the previous best results. STAC® (Securities Technology Analysis Center) is a highly-respected benchmarking organization and its benchmark suite is the standard for independent industry testing of high-speed time series data analytics.
Andrei Gorine, CTO of McObject, said: “2018 has been an excellent year for McObject and I’m confident it’s an indicator of even bigger and better things to come. With AI and Machine Learning likely to take center stage in 2019, we are ideally placed to support these trends and the resulting proliferation of increasingly data-intensive systems.”
Gorine continued: “The demand for ultra-fast data processing is growing in numerous verticals, from financial markets, where regulations such as FRTB demand an enormous increase in storage and processing capabilities, to industrial, transportation, and other sectors where the use of IoT is increasing at break-neck speeds.”
2018 saw the launch of its eXtremeDB Financial Edition v8.0 for HPC (high performance computing). Designed specifically with speed and efficiency in mind, the system offers major improvements in both areas along with a suite of further benefits, including an ultra-fast and flexible market data feed handler.
Chris Mureen, COO of McObject, adds: “We’ve signed some very interesting new clients, who are all seeing enormous benefits. A great example of this is Aurea, which adopted eXtremeDB as a cache for its workflow and process automation RDBMS, which in one case resulted in processing time just %.0002 of the time required before eXtremeDB was adopted.” Mureen concludes: “Aurea is by no means the only client seeing such dramatic improvements, and I’ve no doubt that 2019 will see many more clients using eXtremeDB.”
McObject has over 28 million deployments world-wide and is honored to be included in quality products from industry leaders such as F5 Networks, GoPro, Boeing, Motorola, DirecTV and ViaSat.
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Alla Lapidus / Piers Grassmann
Tel: +44 (0) 20 7250 4770
Founded by database and real-time systems experts, McObject offers proven, ultra-fast data management technology, used across a wide range of industries and market segments. The company’s background and expertise in defense and aviation sectors means that its technology is exceptionally reliable and robust.
McObject counts among its customers industry leaders such as BAE Systems, TradeStation, Siemens, Philips, EADS, JVC, Pentair, F5 Networks, CA, Motorola and Boeing, along with NSE.IT, SunGard, Transaction Network Services, and Dalian Commodity Exchange.
eXtremeDB uses powerful, industry-standard tools and languages, such as SQL, Python, C/C++, Java and C#.
McObject and eXtremeDB are registered trademarks of McObject LLC. STAC and all STAC names are trademarks or registered trademarks of the Securities Technology Analysis Center, LLC. All other company or product names mentioned herein are trademarks or registered trademarks of their respective owners.