EnterpriseDB Powers Subscription Growth for 40th Consecutive Quarter; Signs IBM Agreement

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EnterpriseDB also signed a multi-year agreement with IBM to sell the EDB Postgres™ platform, the company’s enterprise-ready version of the popular PostgreSQL database management system. EDB builds on Postgres to enable enterprises to manage and deploy their most complex workloads wherever they choose, whether on premise, in containers or in the cloud. “ It is also an integral part of our mission to help customers modernise their data landscape and utilise artificial intelligence (AI) through IBM Watson, as well as Cloud Pak for Data.” New Global Customers In the past quarter, EDB won significant business with government agencies, state governments, financial firms, and retailers. Prior to EDB, he served as vice president of product design for the Cloudant database as a service, which was acquired by IBM. EDB Postgres makes organisations smarter while reducing risk and complexity with enterprise-proven management tools, security enhancements and Oracle compatibility.

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Database Software AI Data Platform SaaS

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EDB
$50M to $100M
IBM
$1B+