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The Evolution of Time Series Databases: InfluxDB and Amazon Timestream Partnership
Companies in need of tracking assets, services, and products in real-time down to microseconds have turned to InfluxDB, the open-source time series database introduced in 2013. InfluxDB has seen wide adoption among tech giants like PayPal, Cisco, and Adobe, as well as financial institutions such as Capital One, and even astronomical projects like the Vera C. Rubin Observatory.
The flexibility and scalability of InfluxDB have made it a go-to solution for over 2,000 developer operations teams worldwide. Evan Kaplan, CEO of InfluxData, the company behind InfluxDB, stated in an interview that they are the leading time series platform by a significant margin.
Amazon Timestream: A Game-Changer
Now, InfluxData has partnered with Amazon Web Services (AWS) to provide a managed service offering through Amazon Timestream. This collaboration aims to simplify database management for AWS customers, eliminating the complexities of installation, upgrades, storage management, and more.
Amazon Timestream for InfluxDB is designed to handle applications requiring millisecond response times, making it ideal for real-time alerting and infrastructure monitoring. Brad Bebee, GM of Amazon Neptune and Timestream at AWS, emphasized the value of managed open-source offerings and the benefits of a managed version of InfluxDB.
Target Customers and Use Cases
A select group of private beta customers are already benefiting from the InfluxDB via Timestream offering. Energy companies have been at the forefront, integrating devices for consumer energy monitoring with successful outcomes. Additionally, sectors like transportation and fleet management are poised to leverage the capabilities of this partnership.
Individuals, including hobbyists monitoring personal infrastructure, may also find value in Timestream for InfluxDB. The potential market for this collaboration extends to any engineer seeking to optimize systems over time.
Value Proposition and Pricing
At a time when attention often focuses on AI and large language models, InfluxDB and AWS underscore the importance of real-world data. Pricing for Amazon Timestream for InfluxDB varies depending on usage and frequency, with examples ranging from $373.21 to $11,969 per month for applications like video streaming monitoring, fraudulent payment detection, and IoT home security monitoring.
In the face of competition from Microsoft Azure, AWS’s commitment to time series data and open-source tools through partnerships like the one with InfluxData demonstrates a holistic approach to serving diverse customer needs.
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