HELSINKI, Finland — March 20, 2024 — Aiven, the open source cloud data platform company, today announced the general availability of Aiven for Dragonfly®, enabling organizations to handle high volumes of data and user traffic, fast.
Aiven for Dragonfly is ideal for businesses that require high-performance, in-memory data storage, real-time processing capabilities, and the ability to significantly scale. It is an advanced Redis®-compatible in-memory database service that handles massive data workloads with ease and speed. Aiven for Dragonfly delivers nearly 700 percent higher throughput (requests per second) and uses around 25 percent less memory compared to open source Redis on similar hardware, according to our benchmark study [1].
Aiven for Dragonfly adds additional features and performance boosters, including an AI vector search function that delivers super fast response times for modern AI applications. Aiven for Dragonfly is available on any cloud a customer chooses, making it easy for businesses to get started and focus on innovating and developing applications rather than managing data infrastructure.
According to Gartner®, "The database management system (DBMS) market experienced 14.4% growth in 2022, beating the overall software market growth of 11.3%. Growth was again primarily driven by cloud database platform as a service (dbPaaS), whose share has now reached over half (55%) of the overall market." [2] The DBMS market has exploded as a critical business system for data, contributing to better business decision-making, improved customer experiences, and increased cost-efficiency.
Jonah Kowall, VP Product Management, Aiven, said, “Businesses have an endless thirst for data, efficiency, and high performance. Aiven for Dragonfly, now available on the Aiven cloud data platform, delivers low latency and high performance to handle large-scale in-memory data workloads efficiently. This technology can power use cases from caching to gaming leaderboards, and ecommerce to highly personalized media experiences. The service further demonstrates our commitment to delivering the most innovative core data infrastructure technologies to enable our customers to focus on their core business.”
Aiven for Dragonfly delivers:
Conrad Electronic provides an advanced sourcing platform for technical supplies to 21 million customers worldwide. Janek Wonner, Head of SRE and Cloud technology, said, “Speed and scale are absolute necessities for our business. Our experience using Aiven for Dragonfly has been really valuable to support these business needs, from the ease of migration to improved performance and scalability. Being able to move from Aiven for Redis to Aiven for Dragonfly as our data needs grow, with ease and familiarity, is a real advantage of the Aiven platform. We can focus on our business growth with the confidence that our data infrastructure is as robust, scalable, and as fast as our business requires.”
Oded Poncz, Co-Founder and CEO, Dragonfly said, “We’re excited to welcome Aiven to the Dragonfly community. Aiven has shown a commitment to delivering high-performance, scalable data services to their customers, and we’re very pleased that they are able to utilize Dragonfly to deliver a service that will satisfy large, complex workloads that Redis could not scale to support.”
About Aiven
Aiven is the trusted open source data platform for everyone. Aiven enables anyone to create, use, and manage data applications with confidence. With Aiven, customers can drive business results from open source data technologies that trigger true transformations on a global scale. Valued at $3 billion, Aiven is backed by Atomico, Earlybird, Eurazeo, IVP, Lifeline, Salesforce Ventures, and World Innovation Lab. The company is headquartered in Helsinki with hubs in Amsterdam, Berlin, Boston, Paris, Singapore, Sydney, Tokyo, and Toronto. To learn more about Aiven, visit aiven.io and follow @aiven_io on X.
About Dragonfly
DragonflyDB is a software company with dual headquarters in Tel Aviv and San Francisco. DragonflyDB is the inventor and maintainer of the Dragonfly project on GitHub, which is a highly scalable and cost-effective alternative to Redis. DragonflyDB also offers Dragonfly Cloud, a fully managed in-memory data store.
Media Contacts
press@aiven.io
[1] Benchmark performed on an AWS environment, with instance types that vary from 8 CPUs and 64GB RAM, 16 CPUs and 256GB RAM, and 32CPUs and 512GB RAM.
[2] Gartner, Market Share Analysis: Database Management Systems, Worldwide, 2022, 8 June 2023. GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved