ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

EDB Announces EDB Postgres® AI, an Intelligent Platform for Transactional, Analytical and AI Workloads

BEDFORD, Mass., May 23, 2024 (GLOBE NEWSWIRE) -- Marking 20 years of technological progress and innovation, EDB, the leading Postgres data and AI company, today launched EDB Postgres® AI, an intelligent platform for transactional, analytical and AI workloads. This is the industry's first platform that can be deployed as cloud, software or physical appliance, all powered by the same Postgres engine.

The launch of EDB Postgres AI also comes with a new corporate identity aimed at the belief that Postgres can solve the AI generation’s most complex data challenges. In this new era, Postgres and EDB will enable customers to break data silos and launch new AI initiatives across any cloud, anywhere with the confidence of enterprise-grade security, compliance and availability.

Nearly 75% of U.S. companies have adopted AI, but businesses still need a foundational technology that will allow them to quickly and easily access their abundance of data and fully embrace AI - and that’s where EDB Postgres AI comes in,” says Kevin Dallas, CEO, EDB. “We are harnessing the agility of Postgres across transactional, analytical and AI workloads and meeting customers wherever they are - on premises, any clouds, anywhere, or physical appliance.”

Key capabilities of EDB Postgres AI include:

  • Rapid Analytics: Roll out rapid analytics for your transactional data, while maintaining business as usual from core to edge. Go straight to the data source and spin up on-demand analytics clusters. With EDB Postgres Lakehouse capabilities, operational data can be stored in a columnar format, optimizing it for lightning-fast analytics.
  • Intelligent Observability: Manage both on-premises and cloud databases using a single set of interfaces. Change the way data insights are managed and operationalized into value assets for the organization.
  • Support for Vector Databases: Trust in hardened enterprise support, security, high availability, and compliance around pgvector in a new way. Vectorize data to support GenAI applications and LLMs, while keeping that data in a well governed estate.
  • Continuous High Availability: Redefine high availability with up to 99.999% uptime and 24/7/365 access to the most seasoned Postgres experts. Take Postgres from experiments to essential with hardened security, support and compliance tools to help standardize Postgres across the enterprise.
  • Legacy Modernization: Modernize legacy systems with the most comprehensive Oracle Compatibility Mode, allowing customers to replatform existing applications to a modern solution for transactional, analytical, and AI workloads. EDB’s Oracle Migration Co-pilot leverages AI to predict roadblocks along the migration path.

Today’s announcement comes with news of EDB’s expanded network of strategic alliances, including Nutanix, SADA, and Red Hat. It also comes on the heels of EDB’s appointment of former Microsoft executive and CEO of Wind River, Kevin Dallas, as its new CEO, and acquisition of Splitgraph, which was a foundation for EDB’s analytics capability.

EDB Postgres AI is available today to existing and future customers. To learn more, visit EDB’s website: www.enterprisedb.com.

About EDB
EDB provides a data and AI platform that enables organizations to harness the full power of Postgres for transactional, analytical, and AI workloads across any cloud, anywhere. EDB empowers enterprises to control risk, manage costs and scale efficiently for a data and AI led world. Serving more than 1,500 customers globally and as the leading contributor to the vibrant and fast-growing PostgreSQL community, EDB supports major government organizations, financial services, media and information technology companies. EDB’s data-driven solutions enable customers to modernize legacy systems and break data silos while leveraging enterprise-grade open source technologies. EDB delivers the confidence of up to 99.999% high availability with mission critical capabilities built in such as security, compliance controls, and observability. For more information, visit www.enterprisedb.com.

EnterpriseDB and EDB are registered trademarks of EnterpriseDB Corporation; Oracle is a registered trademark of Oracle Corporation. Postgres and PostgreSQL are registered trademarks of the PostgreSQL Community Association of Canada and used with their permission. All other trademarks are owned by their respective owners.

Media Contact
Shane Smith
Offleash PR for EDB
edb@offleashpr.com


Primary Logo

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.