Redis, the leading real-time data platform, enhances its capabilities with the acquisition of Speedb, enabling faster data processing and supporting diverse enterprise applications, including generative AI.
Redis, a prominent real-time data platform, has announced its acquisition of Speedb, recognized as the world’s fastest data storage engine. This strategic move aims to bolster Redis’s ability to cater to a wide range of enterprise applications and use cases with varying performance requirements. By integrating Speedb, Redis aims to elevate real-time data processing, deliver low-latency user experiences, and ensure exceptional cost performance across critical applications, including generative AI.
Empowering Real-Time Generative AI Applications
In response to enterprises prioritizing real-time generative AI applications, Redis’s acquisition of Speedb signifies a strategic expansion beyond DRAM (Dynamic Random-Access Memory). Leveraging Speedb’s advancements in SSD (Solid State Drive) storage and transfer rates, Redis aims to offer a comprehensive solution focused on speed and scalability. This move enables Redis to address a broader spectrum of performance and cost requirements for enterprise applications, empowering developers within the Redis ecosystem to leverage Redis across a wider array of use cases.
Commentary from Redis CEO and Speedb Co-Founder
Rowan Trollope, CEO of Redis, highlighted the increasing demands on developers and data platforms amid modern application development and the emergence of generative AI. Trollope emphasized the significance of speed in meeting these demands, signaling the acquisition of Speedb as a pivotal moment for Redis to serve a crucial role in powering innovative applications and supporting developers.
Adi Gelvan, co-founder and CEO of Speedb, expressed excitement about scaling their technology to benefit organizations globally and playing a pivotal role in shaping future applications as part of the Redis team.
Integration and Future Plans
The acquisition of Speedb follows years of collaborative work between Redis and Speedb, with Speedb integrated as the default storage engine in Redis 7.2’s enterprise auto-tiering functionality. Moving forward, Redis plans to release the first version of its Speedb-integrated product with Redis 8, while also developing Redis Community Edition 7.4 with highly-requested features.
About Redis
Redis is recognized for its role in empowering businesses to process, analyze, predict, and take action on data in real-time. The platform delivers source-available and enterprise-grade data solutions, enabling developers to build high-performance, scalable, reliable, and secure applications. Redis’s acquisition of Speedb further solidifies its commitment to enhancing data processing capabilities and supporting emerging applications.
About Speedb
Speedb, renowned as the world’s fastest data storage engine, specializes in enhancing application performance and cost optimization. With a focus on speed and scalability, Speedb’s integration into Redis’s ecosystem promises to accelerate data processing and support diverse enterprise use cases.
This acquisition marks a significant milestone for Redis as it continues to evolve and innovate in the realm of real-time data processing and application development.
