Swarm64

Swarm64 is founded by a team of experts on DBMS PostgreSQL parallel processing data and optimization. hardware The company's products make analytics available big data to the mass consumer.

History

2021: ServiceNow bought Swarm64

On August 5, 2021, the company ServiceNow announced the acquisition of Swarm64, ON an open source provider that speeds up transactions and SQL queries in. DBMS PostgreSQL It is planned to complete the transaction in the third quarter of 2021, the terms of the acquisition were not disclosed.

According to Joe Davis, senior vice president of platform development at ServiceNow, the Now platform is where ServiceNow provides a wide range of software applications as a service (SaaS) for a large number of databases and repositories. The acquisition of Swarm64 allows you to add a database that allows you to embed analytics in an online transaction processing (OLTP) database, which can help, for example, expand the range of customer service applications on the Now platform.

ServiceNow acquired Swarm64

ServiceNow also plans to expand its presence in the Open Source Community (OSS). On August 5, 2021, extensions created by Swarm64 are available as part of a separate open source project. Davis said ServiceNow will assess the extent to which it makes sense to put the specific technologies developed by Swarm64 into the broader PostgreSQL community.

The PostgreSQL database is unique in that it is designed as easily extensible, which allows other open source projects to exist next to it. Where the boundary between the main database and other projects runs is always work.

Joe Davis notes that Swarm64, in collaboration with the rest of the PostgreSQL community, makes databases capable of handling analytics alongside transactions at affordable prices. Proprietary databases that can embed analytics in transactions have been around for decades. They simply did not become widespread due to the high cost.

By August 2021, as noted by ZDNet, it is still necessary to analyze data using a separate database or storage, but there are many examples of use when analytics applied to transactions in real time (possibly with a ping of up to a few seconds) will contribute to the implementation of various initiatives for digital business transformation. ServiceNow clearly signals its intention to enable organizations to take advantage of the new class of SaaS applications provided by ServiceNow, and to allow IT teams to build a wider range of user applications on the Now platform using low-code tools without the need for extensive database management experience.^[1]

Notes