Industry executives and experts share their predictions for 2023. Read them in this 15th annual VMblog.com series exclusive.
Data trends that will dominate in 2023
By Shireesh Thota, SVP of Engineering, SingleStore
The world of data is constantly shifting and evolving, for the good, and 2022 was no different. We continued to see the database industry transform enterprises, helping it achieve growth and reach technology breakthroughs amidst a looming recession that’s casted a dark cloud over the economy as a whole.
As we approach the 2023 ball drop, the expectation is that we’ll continue to see innovation, transformation and breakthroughs throughout the year. Here are predictions from Shireesh Thota, SVP of Engineering, SingleStore, as he looks into the crystal ball for the database industry in 2023.
Ushering an era of unified databases.
2023 is going to be the year of unified databases.
Unified databases are designed to support large amounts of transactional and analytical workloads at the same time. This allows a simplified and flexible data architecture for companies to process massive workloads.
In 2023, we will witness a convergence of specialized databases that will be built on four primary characteristics: distributed, shared-nothing architecture, cloud-native, multi-model and relational foundation. Organizations will need one platform to transact and reason with data in milliseconds in a hybrid, multi-cloud environment.
2022 saw many popular vendors move in this direction, and it will pick up a significant pace in the coming year.
End in sight for legacy databases
2023 will see an acceleration of the end for legacy databases. With the world moving towards real-time unified databases, speed has been an important differentiator, and legacy systems can’t keep up anymore with the real-time nature we are seeing in this digital services economy. We have seen this trend in industries like finance up until this point, but it’s now becoming apparent to business leaders across sectors that the digital revolution begins with the tech stack that holds your company together: the database.
We are ushering in an era of unified, simple, modern data in real time. Without this, your company will likely not see 2024.
Distributed SQL will get a refresh and become mainstream
Distributed SQL as it is now defined will be challenged. The current cohort doesn’t include real-time, unified/HTAP capabilities. Along with the convergence of relational and non-relational, the increasing customer needs will force the convergence of transaction and analytical capabilities at scale, in what shall become the better version of distributed SQL.
This trend will disproportionately accelerate the other trends!
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ABOUT THE AUTHOR
Shireesh Thota is SVP, Engineering at SingleStore responsible for product design and development. Shireesh has experience on large scale, big data, scale-out, relational and schema agnostic distributed systems. He previously ran engineering efforts at Azure Cosmos DB, and PostgreSQL Hyperscale (Citus) services at Microsoft. Shireesh has a B.S in computer science from B.I.T.S Pilani, India and a M.S. in computer science from University of Connecticut.
