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OceanBase Is Named an "Honorable Mention" Again in the Report *Magic Quadrant™ for Cloud Database Management Systems* Released by Gartner

Recently, Gartner, a global IT market research and consulting company, released its latest report, Magic Quadrant™ for Cloud Database Management Systems. OceanBase is one of the 10 companies worldwide named an "Honorable Mention" in the report for two consecutive years. In another Gartner report, Voice of the Customer for Cloud Database Management Systems, released in 2024, OceanBase was recognized as a "Customers' Choice" in the Asia-Pacific region and ranked as a "Strong Performer" globally.

1 OceanBase Cloud is Coming to the Fore, Serving More Than 700 Customers in Just Two Years​

The global market share of cloud databases is growing. According to Forecast Analysis: Database Management Systems, Worldwide, research conducted by Gartner in August 2024, the spending on cloud dbPaaS will increase from 61% of the entire database management system (DBMS) market in 2023 to 78% in 2028.

As early as 2022, OceanBase officially launched OceanBase Cloud, its cloud database product, taking a key step in its cloud strategy. Based on its capabilities such as multi-level auto scaling, large-scale cost reduction, hybrid transaction/analytical processing (HTAP) real-time analysis, and multi-infrastructure, OceanBase Cloud provides customers with integrated cloud database services.

In 2024, OceanBase Cloud emerged as the second growth curve within OceanBase, serving more than 700 customers with an annual customer growth rate of up to 130%. At the same time, OceanBase Cloud has accelerated its global expansion, covering more than 100 zones in more than 30 geographic regions in the Americas, Europe, and Asia, providing consistent cloud database services to customers worldwide. It also supports the infrastructure of mainstream public clouds including Alibaba Cloud, Amazon Web Services (AWS), Google Cloud, Huawei Cloud, and Tencent Cloud.

OceanBase Cloud has achieved leapfrog development, expanding globally within two years after its launch. Among the existing clusters of OceanBase Cloud customers, the largest number of CPU cores in a single cluster exceeds 6,400 and the largest amount of data in a single cluster exceeds 1.2 PB. Service specifications ranging from 1C to 104C are available to meet the business requirements of developers and enterprises.

2 OceanBase Cloud Provides Optimal Solutions to Five Core Scenarios​

Based on rich industry practices, OceanBase Cloud has developed solutions to five typical scenarios for enterprises, including conventional database migration to the cloud, high concurrency, HTAP real-time analysis, multi-model integration, and multi-cloud disaster recovery. OceanBase Cloud aims to provide an optimal path for customers to migrate their databases to the cloud, simplify the technology stack, reduce costs, and increase efficiency.

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  • Conventional database migration to the cloud: Fully compatible with MySQL and Oracle, OceanBase Cloud provides an automatic upgrade solution that integrates data migration, real-time data synchronization, and incremental data subscription. This solution ensures smooth migration of applications in scenarios such as the migration of offline databases to the cloud, replacement of self-managed databases on the cloud, and hybrid database deployment on and off the cloud.

  • High concurrency: OceanBase Cloud has developed a log-structured merge-tree (LSM-tree) architecture for storage and computing based on more than ten years of experience from Alipay in the extreme scenarios of "Double 11." This architecture supports multi-level auto scaling to flexibly use cloud resources and provide nearly unlimited processing capabilities. During off-peak hours, quick scale-in is performed to significantly reduce resource usage costs.

  • HTAP real-time analysis: OceanBase Cloud joins online transaction processing (OLTP) and online analytical processing (OLAP) workloads to meet the requirements for transaction processing and real-time analysis. This year, OceanBase Database V4.3.3, the first General Availability (GA) version of OceanBase Database, is released for real-time analytical processing (AP) scenarios, which uses columnstore replicas to greatly improve data processing efficiency.

  • Multi-model integration: In addition to traditional structured data, OceanBase Cloud also supports a variety of data types including JSON, XML, and GIS. It can store massive data in key-value pairs and is compatible with multi-model database systems such as HBase and Redis. In OceanBase Database V4.2.5, the long-term support (LTS) version released this year, OBKV-Redis and OBKV-HBase are supported to provide more efficient data processing capabilities for key business scenarios.

  • Multi-cloud unified technology stack: As a native distributed database service, OceanBase Cloud does not rely on underlying hardware and is compatible with infrastructure, such as load balancers and object storage, of major cloud vendors. This prevents customers from being affected by the instability of single-cloud infrastructure and ensures business stability and continuity.

3 OceanBase Cloud Builds a Cloud Foundation for Data from Various Industries​

OceanBase Cloud is widely favored in the retail, manufacturing, and Internet finance industries. Many enterprises in the industries use OceanBase Cloud to build their modern data architecture, including domestic leading enterprises such as Ideal Auto, vivo, Haidilao, Didi, Ctrip, and XGIMI Technology, as well as overseas enterprises such as DANA, GCash, and PalmPay.

🚀 In the retail industry, OceanBase Cloud has become the preferred multi-cloud database service for the top 100 retail enterprises and leading independent software vendors (ISVs) in China.

In 2022, Haidilao adopted OceanBase Cloud for its membership system. After the system ran stably for one year, Haidilao continued to use OceanBase Cloud to upgrade its inventory management databases, achieving a 45% increase in real-time analysis computing power and a 50% reduction in database overall costs. OceanBase Cloud helps Haidilao significantly reduce costs, increase efficiency, and handle traffic peaks with ease.

POP MART also uses OceanBase Cloud to build a next-generation distributed system for blind box drawing. The new system reduces the scaling time by 90% and ensures system continuity of up to 99.999% in high-concurrency scenarios such as product releases. This enables the system to flexibly handle hundredfold increases in traffic, providing users with a smoother box-drawing experience.

🚀 In the Internet finance industry, OceanBase Cloud is serving more than 60% of payment customers whose transaction amount reaches CNY 100 billion.

OceanBase Cloud powers Haier Consumer Finance to complete the upgrade of its core business systems, including the credit core system, accounting engine, active accounting system, passive accounting system, clearing platform, and messaging platform. The upgrade has enabled automated O&M for Haier Consumer Finance, shortened the response time of paging queries from 4 to 5 seconds to less than 1 seconds, and saved 85% of the storage space.

Flyway, a one-stop cross-border payment service platform, deploys clusters across the China (Hong Kong) and US (Silicon Valley) regions based on OceanBase Cloud to achieve real-time two-way data synchronization, covering multiple core systems such as the risk control and compliance system and intelligent risk control system. For disaster recovery scenarios, the recovery point objective (RPO) reaches 0, the recovery time objective (RTO) is less than 8 seconds, and the response speed of complex query requests is significantly improved.

In 2023, African payment company PalmPay officially launched its core systems powered by OceanBase Cloud, which ran normally with a growth of tens of millions of users. The core accounting database achieved an 86% cost reduction and the monthly database expenditure decreased by 80%.

🚀 In the smart manufacturing industry, over 60% of consumer electronics enterprises whose transaction amount reaches CNY 100 billion in China are using OceanBase Cloud.

Currently, vivo has partnered closely with OceanBase Cloud to intelligently upgrade 17 core business modules of the inventory center in its marketing system, improving the SQL performance by more than 10 times, increasing the storage compression ratio by 5.7 to 15.3 times, and saving storage resources by about 80%.

In July 2023, XGIMI Technology upgraded and transformed more than 40 RDS for MySQL databases for key business fields such as procurement and media resource management, together with OceanBase Cloud. After the upgrade, the RDS for MySQL databases were merged into only two clusters, greatly reducing computing power costs, and the throughput of index-based single-table scans was increased to 10 times that of MySQL.

In the future, OceanBase Cloud will further enhance its integrated service capabilities, accelerate service adaptation with cloud vendors, and seamlessly connect more cloud technology stacks to help enterprises build modern data architectures. OceanBase Cloud will also continue exploring new technologies and application scenarios to deliver more innovative solutions to customers.

Gartner, Magic Quadrant for Cloud Database Management Systems, December 18, 2024

Gartner, Voice of the Customer for Cloud Database Management Systems, May 24, 2024

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