MariaDB Reimagines How Databases Deliver Geospatial Capabilities with Acquisition

Rhea-AI Summary

MariaDB has acquired CubeWerx, a leader in geospatial solutions, to enhance its cloud-native, scalable geospatial capabilities. The acquisition aims to integrate geospatial data into applications, unlocking new services for businesses. MariaDB's approach contrasts with traditional database vendors, offering open standard APIs for easy integration. This strategic move positions MariaDB to broaden its market in geospatial application development, tapping into the increasing demand for geographic data across various industries.

Positive

• Acquisition of CubeWerx enhances cloud-native geospatial capabilities.
• Positioning in the geospatial development market with unique API-driven approach.
• Potential to provide new product offerings in numerous industries.

Negative

• None.

Making it easy and quick for developers to build geospatial applications with a cloud-based, scalable open standard API-driven approach

REDWOOD CITY, Calif. & HELSINKI--(BUSINESS WIRE)-- MariaDB^® Corporation today announced it has acquired CubeWerx, leaders in geospatial solutions, for an undisclosed amount. With the acquisition, MariaDB adds cloud-native, scalable geospatial capabilities that the company plans to offer through its fully managed cloud service MariaDB SkySQL. Applications that leverage geospatial data are truly transformative, enabling businesses to offer new products or services that are highly engaging and tailored to end users.

“We’re taking a unique, developer-centric approach to delivering geospatial capabilities that no other database vendor has taken,” said Jags Ramnarayan, VP and general manager for SkySQL at MariaDB Corporation. “While other databases such as PostgreSQL and Oracle have added geospatial capabilities directly into the database, we are taking a modern cloud-native approach of managing virtually infinite amounts of geospatial data on low-cost, durable cloud storage and providing OGC standards-based REST APIs to access the data. We believe this approach will allow MariaDB to leapfrog the database world for geospatial application development.”

Geospatial: Unlocking New Value

​​Geographic data and information is becoming increasingly important and critical to businesses everywhere. New drones, satellites and sensors are contributing to the growing amount of location-based and imagery data available. This presents a unique opportunity for businesses to integrate geospatial data into their applications to offer services and capabilities that they couldn’t previously.

The use cases are endless – from mapping services for everything from location awareness to route optimization, to applications that improve forecast accuracy, inventory management, and even equity trading. Up to 90% of all government information includes geospatial data. Beyond the public sector, industries such as manufacturing, financial services, gaming, insurance, construction and energy are finding novel uses for geospatial to deliver better services and new offerings. Geospatial data and services are key to tracking climate change, carbon emissions and their impact on global ecosystems.

Geospatial: A Modern API-driven Approach for Developers

Geospatial application development has moved from traditional geospatial interfacing with databases to off-the-shelf geospatial library use and web APIs. This web services approach is extremely easy to use and makes integration with applications a breeze.

With CubeWerx, MariaDB will provide geospatial the way developers use geospatial through modern, open standard APIs. CubeWerx manages data in tiers for extreme scale and high performance. It uses MariaDB to manage frequently used vector data (e.g., a geolocation) and for intelligent caching while relying on unlimited cloud storage for raster data which tends to be voluminous (e.g., satellite imagery). Data volume is no longer a limiting factor with this approach and geospatial data is able to grow to any scale.

“MariaDB’s vision for how to deliver geospatial capabilities aligns perfectly with what we’ve built at CubeWerx,” said Edric Keighan, co-founder at CubeWerx and VP for geospatial engineering at MariaDB Corporation. “Our team brings significant experience in geospatial to MariaDB, having worked as the original implementers of Oracle Spatial. We’ll be able to help execute MariaDB’s vision to bring the best geospatial experience to developers and end users, reaching an even broader audience.”

“We’re at the tipping point for geospatial to be a must-have dimension in building new applications,” said Lynne Schneider, research director, location and geospatial intelligence, IDC. “In the past, relatively few people were capable of building geospatial applications. Now people are waking up to the possibilities that geospatial affords and open standard API-driven approaches will let more people take advantage of these rich capabilities. With the acquisition of CubeWerx, MariaDB is stepping into a really great spot.”

MariaDB is committed to open geospatial standards and is joining the Open Geospatial Consortium (OGC). Learn more about MariaDB’s commitment to open standards.

Additional Resources

• Get started with MariaDB in the cloud with MariaDB SkySQL
• Visit mariadb.com
• Follow @mariadb on Twitter
• Read MariaDB’s blog
• Earlier this year MariaDB announced the intent to become a publicly traded company via combination with Angel Pond Holdings Corporation (NYSE:POND). To learn more, go to https://mariadb.com/IPO.

About MariaDB

MariaDB frees companies from the costs, cloud lock-in, constraints and complexity of proprietary databases, enabling them to reinvest in what matters most – rapidly developing innovative, customer-facing applications. MariaDB uses pluggable, purpose-built storage engines to support workloads that previously required a variety of specialized databases. With complexity and constraints eliminated, enterprises can now depend on a single complete database for their needs, whether on commodity hardware or their cloud of choice. Deployed in minutes for transactional, analytical or hybrid use cases, MariaDB delivers operational agility without sacrificing key enterprise features, including real ACID compliance and full SQL. Trusted by organizations such as Bandwidth, DigiCert, InfoArmor, Oppenheimer, Samsung, SelectQuote, SpendHQ – MariaDB meets the same core requirements as proprietary databases at a fraction of the cost. No wonder it’s one of the fastest-growing database management systems companies. Real business relies on MariaDB™.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220818005311/en/

James Meredith

pr@mariadb.com

Source: MariaDB

FAQ

What is the significance of MariaDB acquiring CubeWerx?

The acquisition enhances MariaDB's geospatial capabilities, allowing for modern, scalable solutions in cloud environments.

How does the acquisition affect MariaDB's stock symbol POND?

The acquisition could positively impact POND by expanding MariaDB's market offerings and increasing its competitive advantage.

When was the acquisition of CubeWerx announced by MariaDB?

The acquisition was announced on August 18, 2022.

What strategic advantages does CubeWerx provide to MariaDB?

CubeWerx offers advanced geospatial solutions and expertise that can elevate MariaDB's service offerings to developers.

How will MariaDB's acquisition of CubeWerx benefit developers?

Developers will benefit from a modern, easy-to-use API for integrating geospatial data into applications, enhancing functionality and usability.