On October 24th, 2022, the OpenPie Product Launch Event was successfully held in Shanghai. Attendees of the event included Ray Von, Founder and CEO of OpenPie, Brian Lu, COO of OpenPie, Paul Guo, CTO of OpenPie, and Xi Pingjian, Co-General Manager of Investment Banking at Soochow Securities, along with industry experts. As one of the most anticipated product launch events of the year for OpenPie, the conference attracted numerous guests from the industry and institutions.

 Image: On-site photo of the event.

Unleashing the Infinite Possibilities of Data Computing, Empowering Enterprises to Achieve the "Trilogy of Digitalization" Continuous Advancement

Ray Von, Founder and CEO of OpenPie, shared the company's development strategy and product philosophy during his opening speech at the event. He stated that in the era of Cloud Computing 1.0, a group of IaaS giants emerged, and the wave of Cloud Computing 2.0 is now creating a group of cloud-native champions worldwide. In this wave, OpenPie adheres to the product philosophy of "ultimately realizing the big data vision" and has developed the cloud-native eMPP database, PieCloudDB, focusing on "data," "discovery," and "computing." As one of the few cloud-native analytical databases with a separation of storage and computation architecture globally, PieCloudDB breaks through the limitations of the PC-era computing platform and redefines the database kernel in the cloud, empowering enterprises to unleash the maximum value of data, build new advantages for high-quality development, and provide a reliable and controllable cloud database foundation in the field of new infrastructure.

 Image: Ray Von, Founder and CEO of OpenPie.

Ray mentioned that PieCloudDB, created with the new eMPP distributed technology, allows data to grow infinitely in the cloud. Cloud data is both isolated and interconnected. From a security perspective, it provides isolation while also enabling data sharing. Computing resources can be elastically allocated in the cloud, starting on-demand when there are query computing tasks. This eliminates the need to purchase a large number of servers that remain idle, resulting in additional costs for uncertain usage. This approach allows the cloud to provide exponential storage and computing resources at a lower cost, enabling the discovery of new insights or improved accuracy in business models, thereby establishing a competitive advantage. Furthermore, Ray also announced that the "Cloud on Cloud" version of PieCloudDB will be released in the first half of next year.

In his concluding remarks, Ray Von stated that with the explosive growth of data volume and computing power, more and more enterprises will migrate their applications to the cloud. Cloud-native databases will become a crucial strategic focus in the era of data clouds, and cloud-native architecture will receive increasing attention. In the future, OpenPie will continue to deepen its research and development of cloud-native database products, aiming to establish cutting-edge standards for the next generation of cloud-native data platforms by leveraging breakthrough innovative theories, original cloud-native database flagship products, algorithms, and mathematical models. They will contribute to the comprehensive transition of the database industry into the era of the cloud. Let us seize the opportunities presented by this trend and collectively create infinite possibilities for cloud-native databases and cloud-based data computing!

New eMPP Cloud-Native Database Released: Building a Comprehensive Product Ecosystem

During the product release session, Paul Guo, CTO of OpenPie, and the core technical team showcased the core technological advantages of PieCloudDB and shared the features of the community edition and enterprise edition. Paul Guo pointed out that traditional distributed database systems mostly adopt the MPP (Massively Parallel Processing) architecture. MPP-based databases scale storage and computation through clusters of PC servers. As data volume continues to rise, enterprises have higher requirements for databases. However, traditional database solutions face various bottlenecks, such as the inability to access data across clusters, the inability to activate more computing power for real-time computation of cold data, and the inability to concurrently run multiple high-dimensional enhanced BI computations.

 Image: Paul Guo, CTO of OpenPie, delivering a remote speech.

PieCloudDB is fully based on cloud computing architecture with elastic parallel computing, addressing the limitations of traditional PC-based MPP. In PieCloudDB, storage and computation are treated as two independent variables, each elastic and scalable within the cloud, allowing for instant scaling. The product enables users to perform data computation across multiple clusters simultaneously, facilitating true data sharing for existing and future applications. During the product release session, Paul Guo emphasized several key technological advantages of PieCloudDB:

• Storage-Compute Separation: PieCloudDB adopts a three-tier architecture of metadata-compute-data separation, enabling independent management of storage and compute resources in the cloud. Computing resources can be elastically allocated in the cloud, starting on-demand when there are query computing tasks, and cost is calculated based on usage time and scale.

• Elastic Computing: In the cloud, PieCloudDB utilizes the eMPP (elastic MPP) architecture to achieve concurrent execution of tasks across multiple clusters. Enterprises can flexibly scale up or down, efficiently adapting to changing workloads and effortlessly handling petabyte-scale data.

• Multi-Cloud Deployment: PieCloudDB can run on any IaaS platform based on customer requirements and can also be directly installed on bare metal using its built-in Kubernetes. With this "infrastructure-agnostic" cross-cloud deployment capability, enterprises can establish data pipelines across multiple clouds, eliminate dependence on specific IaaS providers, and gain negotiation power over cloud resources.

• Real-time Processing: PieCloudDB employs a novel storage caching architecture. At the compute layer, each computing node is equipped with multi-level cache structures for metadata and user data, minimizing network latency and data movement. This design improves computation efficiency, reduces system response time, and ensures real-time requirements for users.

• Data Security: PieCloudDB offers enterprise-grade transparent data encryption, employing real-time encryption, strong algorithms, and multi-level keys to protect data security. It also supports comprehensive security and permission management, including database and table-level authorization control, helping enterprises manage permissions at the table level.

In conclusion, Paul Guo stated that driven by the goal of data computation, OpenPie will continue to expand on the foundation of PieCloudDB. This includes assisting users in generating computational value through modeling, introducing new models, and making further innovative breakthroughs.

Image: Dr. Xi Pingjian, Co-General Manager of Soochow Securities Investment Banking.

Soochow Securities is one of the investors in OpenPie's Pre-A round of financing. Dr. Xi Pingjian, Co-General Manager of Soochow Securities Investment Banking, gave a presentation titled "Cloud-Native - Leading the Golden Era of Databases" at the conference. He introduced the latest developments in the capital market and the investment logic in the cloud-native field. Dr. Xi mentioned that OpenPie, as a shining star in the cloud-native field, has already begun testing its product, PieCloudDB, internally at Soochow Securities, and it has achieved the expected results. He expressed his anticipation for the OpenPie team to continue using technological innovation as a driving force, continuously refining their products, and leading the database industry into the era of cloud computing.

Building a Collaborative Partner Ecosystem and Continuously Creating Value for Customers

During the closed-door meeting, Brian Lu, COO of OpenPie, introduced the company's plans for the product ecosystem, community ecosystem, and business ecosystem. He emphasized that in the next phase, OpenPie will continue to prioritize both product and user-driven approaches, enhance the data ecosystem of PieCloudDB, and provide users with the latest product features, comprehensive technical support, and services. Mr. Lu stated that OpenPie always adheres to the principle of "openness, trust, cooperation, and win-win." In the future, they will release a series of community ecosystem and business ecosystem plans, building a rich and powerful product community, empowering community users and developers, and providing comprehensive support to partners. Together, they aim to build a collaborative partner ecosystem, assist partners in achieving success, and jointly create value for customers!

 Image: Photo from the closed-door meeting.

During the meeting, Brian Lu also shared the best practices and industry solutions of PieCloudDB's initial users in the finance, healthcare, automotive, and manufacturing industries. He mentioned that even before the official launch of PieCloudDB, it has garnered significant attention from the industry and users, accumulating a small group of seed users. Taking this product launch as an opportunity, they will collaborate with ecosystem partners to provide users with more comprehensive industry solutions. This will drive enterprises to progress from being "software companies" to "data companies" and further to "mathematics companies," accelerating their digital transformation and upgrade.

CSSC Hai-Zhou and OpenPie Sign Cooperation Agreement, Embarking on a New Chapter of Collaboration Together.

As an important part of the conference, China State Shipbuilding Corporation Hai-Zhou System Technology Co., Ltd. ("CSSC Hai-Zhou") and Hangzhou OpenPie Technology Development Co., Ltd. ("OpenPie") have signed a technical cooperation agreement. The signing ceremony was attended by Zhao Hongwu, General Manager of CSSC Hai-Zhou, and Brian Lu, COO of OpenPie, who signed the agreement on behalf of their respective companies. Zhu Yu, Chairman of CSSC Hai-Zhou, and Ray Von, Founder and CEO of OpenPie, witnessed the signing.

In the future, both parties will aim for long-term development, adhere to the principle of mutual benefit and win-win cooperation, fully leverage their respective resource advantages, collaborate closely, embrace innovation, and jointly contribute to the digital transformation of the shipbuilding industry.

Image: Photo of the signing ceremony

OpenPie taking this product launch as an opportunity, will continue to refine its products and services, collaborate with ecosystem partners, and create value for customers, driving the vigorous development of the Chinese cloud-native database market.