What Happened?
Bedford, MA-based VoltDB has Appointed Michael R. Stonebraker as Chief Technology Officer
About the Company
Time is the enemy of data. Data that has enormous value the moment it`s created will have less value — even no value — an hour, a minute, or even a second from now. And that time-to-value is becoming more urgent every day. Just ask organizations in e-commerce, in financial services, and in energy to name a few. Companies who can ingest the ever-increasing amounts of data coming in — whether it`s customer data, trading data, or sensor data — and act on a transaction opportunity faster than anyone else are the ones who will win. Today, organizations of all types are trying to gain a competitive advantage or become more effective by devising new ways to identify and act on fast-moving, valuable data. This is what drives the Big Data trend – by ingesting and analyzing large volumes of a variety of data, organizations hope to be able to find and act on every single piece of data at a point of maximum value. And to date, there has been an enormous amount of frustration in this quest because these same organizations have not been able to achieve the velocity required to act on data at anything approximating the point of maximum value: real time. Their systems are simply too slow at data ingestion, analysis and decisioning. VoltDB solves this critical velocity problem. It is an in-memory relational database that combines high-velocity data ingestion, massive scalability, and real-time analytics and decisioning to enable organizations to unleash a new generation of applications that act on data at its point of maximum value. Organizations in markets ranging from financial services and media, to energy and telecommunications, use VoltDB to narrow the “ingestion-to-decision” gap from minutes, or even hours, to milliseconds. That, in any line of work, is a big deal.
About the Person
Michael R. Stonebraker, known as Mike, Ph.D., serves as Chief Technology Officer of Paradigm4 Inc. Dr. Stonebraker co-founded VoltDB, Inc. in 2009 and serves as its Advisor and served as its Chief Technology Officer. Dr. Stonebraker co-founded Vertica Systems, Inc. in 2005 and serves as its Chief Technology Officer. He serves as a Technology Advisor of SenSage, Inc. He co-founded Scout in 2008. He co-founded ByLedge, Inc. He is the Founder of INGRES Corporation. Dr. Stonebraker co-founded StreamBase Systems, Inc. in 2003 and also served as its Chief Technology Officer. He is a Co-Founder at DataTamer, Inc. Dr. Stonebraker was Founder of Cohera Corporation and served as its Chief Technology Officer. He was the main architect of the INGRES relational DBMS, and the object-relational DBMS, POSTGRES. He co-founded Illustra, a database management software company acquired by Informix in February 1996, and served in a consulting capacity and as its Chief Technology Officer until February 1996. He was employed by Ascential Software Corp. He is recognized as one of the world's foremost experts in database technology and is noted for his insight into operating systems and expert systems. Dr. Stonebraker served as a co-architect of the Aurora stream processing engine as well as the C-Store high-performance read-oriented database engine. He serves as Member of the Technical Advisory Board at StreamBase Systems, Inc. Dr. Stonebraker serves as a Director at Vertica Systems, Inc. and VoltDB, Inc. He served as a Member of Technology and Operations Advisory Team of Valchemy, Inc. He served as a Director of StreamBase Systems, Inc. He serves as an Adjunct Professor of Computer Science at M.I.T. and a Leading Architect of prototype development at leading institutions such as University of California. Dr. Stonebraker serves as Professor Emeritus of Electrical Engineering and Computer Sciences at the University of California, Berkeley, where he joined the faculty in 1971. He is the author of scores of research papers on data base technology, operating systems and the architecture of system software services. He was awarded the 2005 IEEE John vonNeumann Medal as well as the ACM System Software Award in 1992, for his work on INGRES. He was awarded the first annual Innovation award by the ACM SIGMOD special interest group in 1994, and was elected to the National Academy of Engineering in 1997. He is also an ACM Fellow. Dr. Stonebraker studied B.S.E.E. degree from Princeton University in 1965 and M.S. and Ph.D. in Computer Information and Control Engineering from the University of Michigan in 1971.
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