Exasol: Taking a bet on the affordability of in-memory analytics
Based on a university spin-off looking at getting the maximum out of hardware, the unit was researching on computers with 1,000 core spec in the 1990s, Golombek said.
"They had the vision that main memory would become affordable [for these tasks] one day, so they invented a new database management system architecture completely based on in-memory processing," he said. The company started in 2000, on a technology premise which was bit of a gamble, Golombek admitted."Back then, main memory was expensive and limited. Architectures were still 32-bit so you could only address 2GB of main memory. Today that is tiny. But having the vision and thinking about the volume in a data warehouse, it was a bet on the future," he said.in 2020, achieving a valuation of €211.1 million, it might be a bet that is paying off.
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