IDC has named a top provider of distributed database systems an IDC Innovator for 2022 in China’s Distributed Relational Database category. This honor highlights the company’s creative skills as well as its effect on the finance and banking industries. This award bolsters SequoiaDB’s reputation within the database industry for innovation, dependability, and technological leadership. This reputation was determined by a panel of IDC experts who reviewed factors such as market potential, client acceptance, and overall value offer.
SequoiaDB is a database technology company that was established in 2012 and is led by Jordan Tang, an experienced business leader and veteran of the database technology industry. SequoiaDB’s primary focus has been on researching and developing distributed databases in order to address the challenges that are presented by Big Data in the business world. The “lake-house integrated architecture” of the firm acts as a unified data source for decision-making, provides real-time access to cross-business data, and assists institutions in managing their data in a more efficient and safe manner so that they can stay ahead of the competition.
Tang is a serial entrepreneur, and throughout his career, he has continuously shown a great love for technological innovation as well as the determination to establish profitable organizations. Because of his enthusiasm for technological advancement and entrepreneurial endeavors, he has been able to put together a group of industry professionals who are committed to developing and providing innovative and dependable database products and solutions that are tailored to the specific requirements of financial institutions. Members of the team come from IBM DB2 and have vast experience as well as technical competence in the areas of designing, optimizing, and managing distributed databases. The Research and Development (R&D) team at SequoiaDB, which includes a research lab in Toronto, Canada, is dedicated to the advancement of technology and the creation of cutting-edge distributed database products and solutions that can be customized to meet the specific requirements of customers operating in a variety of geographic locations and business sectors.
“As digitalization becomes more pervasive in day-to-day life, we believe that the financial and banking industry not only needs a business-oriented ‘Transaction-Core’ that manages single-result data, but also needs to build a ‘Data-Core’ that is oriented towards the full amount of data generated during business,” said Tang. “This is because we believe that the full amount of data generated during business needs to be managed.”
Because of SequoiaDB’s dedication to innovation, the firm has been able to establish a solid reputation in the financial sector. SequoiaDB is able to provide its clients with reputable, cutting-edge technological solutions because of this devotion. The company’s reputation for technological brilliance has been further solidified as a result of their receipt of the IDC Innovator Award. Because the firm consistently strives to expand the capabilities of distributed database technology, there is every reason to believe that it will continue to be a market leader in the financial sector for many years to come.