Started by a major contributor to the Ingres and Postgres projects, Vertica is implementing a read-optimized database that is an excellent fit for the data warehouse world. Given the founder’s support of open-source, I expect this company will follow the hybrid commercial/FOSS model of MySQL and others. Some core design features include highly compact storage, total ad-hoc read optimization, and using a shared-nothing grid design that is dead easy to implement with commodity (not High-Availability) hardware. Via Slashdot.

New database company raises funds, nabs ex-Oracle bigwigs – Network World

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