SingleStore Strengthens Executive Team with Key SAS Hire

Database of Now Adds Analytics and AI Leader Schabenberger, Former COO & CTO of SAS, to Advance Innovative Vision

SAN FRANCISCO--(BUSINESS WIRE)--SingleStore, The Database of Now^TM for cloud-native modern applications, has announced the addition of a seasoned executive to push forward the company’s innovative vision. Oliver Schabenberger joins as chief innovation officer, reporting to CEO Raj Verma.

“SingleStore is experiencing tremendous growth and has an amazing customer base and an incredible group supporting the development of our innovative technology,” said Verma. “Oliver will strengthen the creative connection between the two to push us to achieve even more. He understands industry innovation and has the business acumen that will drive our success with an eye to the future.”

Schabenberger’s expertise spans technology vision and direction, and business execution. Most recently, he served in a dual role as chief operating officer and chief technology officer at analytics and AI leader SAS. He has been instrumental in building and integrating data-driven tools and solutions and bringing emerging analytics and AI technologies to market. Under his leadership, SAS developed massively scalable architectures for analytics and AI.

“Digital transformation is an urgent need across industries,” said Schabenberger. “At the heart of it are data-driven processes. Many organizations face a big gap between digital transformation vision and reality. SingleStore closes this gap with a platform that makes batch and real-time processing converge to deliver real-time, data-driven insights. I am fortunate to join SingleStore’s innovative culture and excited to help the company and its customers achieve even greater potential.”

About SingleStore

SingleStore is The Database of Now^TM, powering modern applications and analytical systems with a cloud-native, massively scalable architecture for maximum ingest and query performance at the highest concurrency. SingleStore envisions a world where every business can make decisions in real time and every experience is optimized through data. Global enterprises use the SingleStore distributed database to easily ingest, process, analyze, and act on data in order to thrive in today’s insight-driven economy. SingleStore is optimized to run on any public cloud or on premises with commodity hardware. Visit www.singlestore.com or follow us @SingleStoreDB.