Innovation Excellence Awards 2022
Cio Bulletin
The Altinity journey began in San Carlos, California. Alexander Zaitsev, the company's CTO, ran into a fundamental problem with analytics for ad networks: data to make ad placement decisions is increasing far more rapidly than business revenue. At the time, ClickHouse was the only database that could scale economically, beating out far more mature analytical products. But it was far from enterprise quality.
Alexander teamed up with Peter Zaitsev and Vadim Tkachenko, founders of Percona and world-renowned open source database experts. Like Alexander, Peter and Vadim saw the potential of ClickHouse as "MySQL for analytics." Together they founded a company to provide guidance to enterprise ClickHouse users and make ClickHouse itself better. Mindaugas Zukas, an experienced manager, joined as the fourth founder to run the company, which began business in 2017.
Alexander also bugged his friend Robert Hodges about the great new database he was working on. And so, Robert joined the team in 2019 as CEO. Like the rest of the group, he saw the opportunity to create a unique offering in the database world that could open up new data applications and enable new markets. Altinity is building a team of like-minded colleagues to make this vision a reality.
"It is a rare privilege to work on a product that fundamentally alters data management. Such breakthroughs are possible when trends across economics, social organization, and technology intersect to enable new synergies," said Robert Hodges, CEO.
Today, Altinity focuses on enabling any developer to add real-time analytics to any application, regardless of where it runs, how much data it needs to answer questions, or how quickly the data arrives. Unleashing a wave of innovation at the level of individual analytic apps will open new economic opportunities for Altinity's customers and benefit users worldwide.
"We feel so fortunate to have found Altinity. We were faced with perplexing challenges with our Clickhouse clusters. The Altinity team helped us navigate through these issues and we now have a more stable, supportable environment. This was a great boost for our product and business as it gave us headroom to scale even further on an optimized configuration," said Basil Hashem, VP Product Development, Yotascale.
A Fantastic 2021
Early this year, Altinity announced the results form 2021, which included 78% increase in year-over-year bookings, explosive uptake of the Altinity.Cloud platform for ClickHouse in AWS and GCP, and a 130% year-over-year increase in subscription customers.
Altinity also achieved numerous product milestones over the course of 2021. The Altinity.Cloud platform for ClickHouse received SOC 2 Type 2 certification in November. Altinity Stable Builds guarantee production-ready, ClickHouse releases with three years of maintenance. Altinity’s Kubernetes Operator for ClickHouse now has its own web UI.
“ClickHouse is enabling a new wave of business innovation based on sub-second query response over enormous pools of data. We help development teams focus on business value rather than managing infrastructure. Altinity offerings cover every aspect of ClickHouse from training to cloud operation,” said Robert Hodges.
Altinity customers span multiple industries and include Fintech innovators like Featurespace, a world leader in self-learning technologies that prevent fraud and financial crime. Featurespace’s mission is to make the world a safer place to transact and ClickHouse is a key technology in their arsenal. Karthik Tadinada, COO, said "ClickHouse is an important part of our technology stack and Altinity has been a great partner along our journey. From providing training, through to easily deployable stable packages all the way through upstreaming features important to us and our customers, they have been a great partner every step of the way."
In March 2022, Altinity will celebrate its fifth anniversary. 2022 promises to be another year of rapid growth as more customers learn about the power of ClickHouse to deliver flexible, real-time analytics. Altinity.Cloud subscriptions already jumped by over 20% in the first weeks of 2022. The company projects that cloud subscriptions will comprise half the customer base by end of the year. s
Alexander Zaitsev, Altinity CTO, sketched out plans for the coming year. “We’re particularly excited by Kubernetes. Altinity.Cloud–and 20% of our self-managed customers–have proved that Kubernetes is an outstanding platform to operate high performance analytics. The next big opportunity is to bring cloud management into all Kubernetes clusters, as part of enabling customers to run analytics anywhere for any business purpose.”
About the Leader
Robert Hodges, CEO
Robert has decades of experience working with database systems and enterprise software. Robert was formerly CEO of Continuent, which was acquired by VMware in 2014. He spent four years at VMware working on cloud products before joining Altinity in 2019.