IBM Buys DBaaS Provider Compose
IBM acquires another database-as-a-service (DBaaS) provider, Compose, in its play to flesh out its cloud services.Continuing on its recent tear in the cloud space, IBM today announced it has acquired another database-as-a-service (DBaaS) provider, Compose. Compose offers auto-scaling, production-ready databases to help software development teams deploy data services quickly and easily. The company supports five popular open-source databases: MongoDB, Redis, Elasticsearch, PostgreSQL and RethinkDB. IBM did not disclose financial terms of its acquisition of the privately held San Mateo, Calif.-based company. The acquisition of Compose furthers IBM's commitment to accelerate developer productivity and innovation around open-source and cloud data services. It comes on the heels of IBM announcing several new initiatives this week to fuel open cloud innovation, including contributing technology and developers to open-source cloud projects across analytics, mobile and cloud data services. It also comes a year after IBM acquired Cloudant, another DBaaS provider. "Compose's breadth of database offerings will expand IBM's Bluemix platform for the many app developers seeking production-ready databases built on open source," said Derek Schoettle, general manager of IBM Cloud Data Services and former CEO of Cloudant. "Compose furthers IBM's commitment to ensuring developers have access to the right tools for the job by offering the broadest set of DBaaS services and the flexibility of hybrid cloud deployment."
The cloud database arena is projected to be worth $14 billion by 2019, and open-source databases like MongoDB play a significant part—and are a rapidly growing portion —in this sector. Driving this popularity among developers is the ability to make Web and mobile applications easy to build and grow, without the distraction of back-end database and systems administration. Thousands of customers across a variety of industries, including retail, the Internet of things (IoT), higher education, marketing services and e-commerce, have created more than 100,000 databases with Compose. More than 3,600 companies rely on Compose-hosted databases for keeping their apps in production.