EDB Caps Successful Year of Hypergrowth
EDB, a leading contributor to PostgreSQL, announced that it marked 2020 with record growth. The company expanded its technology portfolio with the acquisition of UK-based 2ndQuadrant, establishing it as the largest dedicated provider of PostgreSQL products and solutions worldwide.
"The market for Postgres is exploding, with customers adopting it across all deployment platforms: on-premises, in the cloud, and in hybrid environments. Through our singular focus on Postgres, EDB is driving this growth, which led to another record year," said Ed Boyajian, president and CEO of EDB. "At this point, it's a two-horse race in open source databases. If you want a real independent open source database, then there's just one - Postgres."
Expanding leadership to support growth
Leslie O'Neil was promoted to senior vice president of human resources to manage the company's rapidly expanding global workforce. Simon Riggs, formerly CEO of 2ndQuadrant, joined the executive management team as the first EDB Fellow. Carrie Palin joined EDB's board of directors. Palin is a seasoned marketing executive having served as senior vice president and chief marketing officer at Box, SendGrid, and now market-leading data company Splunk (News - Alert). /p>
"Enterprises have seen the benefits of open source for reducing operational costs and enjoying the benefits of a standard, commonly accepted, and community supported technology. However, many have held back on using it for more ambitious projects over concern that they alone would bear the cost and risk," said Carl Olofson, research vice president, Data Management Software, IDC (News - Alert). "For enterprises to pursue their plans using open source technology such as PostgreSQL, they need the reliability and security afforded by a professional support organization, particularly when that organization demonstrates a high level of commitment and the resources to support them as required."
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