Company
Date Published
Author
Company
Word count
1201
Language
English
Hacker News points
None

Summary

InfluxData, a company behind the time series database InfluxDB, has experienced significant growth in 2020, with exponential cloud expansion, an expanded user base, and major new customers including Zoom, Rolls-Royce, China Mobile, Virgin Money, and GoPay. The demand for time series platforms continues to rise, driven by the increasing volume of data produced each year, especially from IoT sensors and applications. InfluxDB has seen a 13x increase in paying cloud customers and a nearly 5x increase in developers using its free tier, with over 450,000 daily active instances running globally. The company's open source community has also grown, with the launch of a new project, InfluxDB IOx, which expands possibilities for projects running on InfluxDB. New customers include major companies like Disney and Merck & Co., demonstrating the platform's versatility and adoption across various industries.