According to a new press release, “data Artisans, founded by the original creators of Apache Flink®, today unveiled at the Flink Forward Berlin conference a new patent-pending technology that extends the scope of stream processing with fast, serializable ACID transactions directly on streaming data. With the introduction of data Artisans Streaming Ledger, data Artisans is the first company to bring distributed ACID transactions to stream processing, transcending a long-standing limitation of existing stream processing technology. With serializable transactions across multiple tables, rows, and streams, programmers can focus on the application logic, rather than worrying about consistency models.”

The release continues, “The global streaming analytics market is projected to reach USD 47.75 billion by 2025, growing at a CAGR of 34.98% from 2017 to 20251. This growth is fueled by companies across industries that are transitioning from a product-centric business model towards becoming more customer and services-centric. As enterprises build out their streaming data architecture, they are seeking to broaden their use cases and deploy a greater variety of real-time applications. data Artisans Streaming Ledger goes beyond today’s exactly-once stateful stream processing model and brings multi-row, multi-state, cross-stream transactions to data stream processing. Designed to meet the needs of today’s data-driven industries, it offers high throughput, so large-scale applications like inventory management, pricing, billing, supply-demand matching, logistics or position keeping can be efficiently transformed to consistent streaming applications without requiring an underlying relational database. These applications can now take full advantage of all benefits of data stream processing and blend naturally into a streaming data architecture.”

Read more at Globe Newswire.

Photo credit: data Artisans