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Korean Telecom Giant KT Corporation Steps Up Its Cooperation With EnterpriseDB on Their Open Source-Based Database SolutionsKT Corp. Concludes a One-Year Evaluation of Postgres Plus Advanced Server, Eyeing to Replace Proprietary Databases With a New Standard (April 18, 2012)
BEDFORD, MA -- (Marketwire) -- 04/18/12 -- EnterpriseDB, the leading worldwide provider of PostgreSQL and Oracle compatibility products and services, today announced a partnership with KT Corporation (NYSE: KT). The partnership will deepen the two companies' cooperation related to the deployment of Postgres Plus Advanced Server (PPAS) for non-mission critical needs, and will gradually expand the use of PPAS for mission critical deployments within KT.
The largest telecommunications provider in South Korea with a market cap of $8.7 billion, KT is specifically seeking to deploy open source-based database management products to replace its current databases, representing one of the largest migrations from proprietary databases onto such a new standard. KT and EnterpriseDB intend to partner in promoting the use of Postgres Plus Advanced Server throughout KT's network of services.
"Integrated telecommunications providers worldwide are increasingly in the business of selling technology solutions and they're seeking innovative new ways to offer services at a lower cost," Ed Boyajian, President and CEO of EnterpriseDB, said. "Postgres Plus is enterprise-class at a fraction of the cost of traditional databases so we've become the most attractive database solution for mission and non-mission critical deployments."
KT is the largest telephone and broadband services provider in Korea. KT also provides enterprise IT services, including consulting and systems integration. The company's newest enterprise services leverage data stored in a cloud system.
"We made a careful and detailed evaluation of the Postgres Plus Advanced Server by EnterpriseDB and determined the solution makes much better business sense than our continuing with the expense of current software," Jae-Ho Jang, Ph.D., Senior Vice President, IT Strategy BU, KT Corporation, said. "We are looking forward to a rewarding partnership with EnterpriseDB as we continue to expand our services and increase the demands on our database."
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About EnterpriseDB Corporation
EnterpriseDB, the Enterprise PostgreSQL Company, provides enterprise-class PostgreSQL products and PostgreSQL services to help IT organizations be successful with the world's most advanced open source database. The company's Postgres Plus products are ideally suited for transaction-intensive applications requiring superior performance, massive scalability and compatibility with proprietary database products to reduce overall database costs. EnterpriseDB has offices in North America, Europe and Asia. The company was founded in 2004 and is headquartered in Bedford, MA. For more information, please call +1-781-357-3390, or visit www.enterprisedb.com.
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