GBase, together with top IT application innovation vendors, has been named to the 2023 Top 100 IT Application Innovation Unicorns.

Recently, the "Internet Weekly" of the Chinese Academy of Sciences, the eNet Institute of the Information Research Center of the Chinese Academy of Social Sciences, and Deben Consulting jointly released the "2023 Top 100 IT Application Innovation Unicorns" list.GBase (General Data Technology Co., Ltd.) has been selected among the 2023 Top 100 IT Application Innovation Unicorns, thanks to its independent R&D capabilities in the database field, comprehensive product portfolio, mature solutions, and outstanding performance in the IT application innovation market.

As China's "IT Application Innovation" strategy is being implemented in depth, the IT application innovation market is growing rapidly. The next five years will be a critical period for the development of large-scale IT application innovation. With combined efforts from government promotion and enterprise initiatives, China's IT application innovation industry will accelerate its integration with the digital economy, continuously expand in scale, and unleash greater vitality in the IT application innovation market.

As a critical foundation for information systems, databases hold a vital position in the entire IT application innovation industry. Under the current circumstances where IT application innovation and digital transformation have become core drivers of the "Digital China" initiative, the Chinese database market is experiencing rapid growth and has developed mature replacement capabilities.

According to the "Database Development Research Report (2023)" released by the Big Data Technology Standards Promotion Committee, the Chinese database market size was USD 5.97 billion (approximately RMB 40.36 billion) in 2022. It is projected to reach RMB 128.68 billion by 2027, with a compound annual growth rate (CAGR) of 26.1%.

GBase has been deeply engaged in core database technology for twenty years, building a comprehensive product matrix that covers major business scenarios, including: the distributed logical data warehouse GBase 8a for data warehousing, the shared-storage transactional database cluster GBase 8s for high-consistency scenarios, the distributed transactional database GBase 8c for highly elastic scenarios, the cloud data warehouse GBase GCDW for DBaaS scenarios launched in the past two years, and the vector database GBase Cloud Vector DB for AI large-model scenarios. Today, GBase provides locally-developed alternative products and services for key sectors such as finance, telecommunications, government, energy, and transportation, with over 35,000 deployed nodes and managing more than 400 PB of data.

As one of the earliest foundational software companies to respond to and participate in driving China's IT application innovation industry, GBase continues to deepen its involvement in this field. It focuses on building a digital IT application innovation ecosystem, has completed compatibility certification with mainstream software and hardware across the entire IT application innovation supply chain, and maintains deep cooperation with ecosystem partners. Together, they create satisfactory and applicable information products and services for IT application innovation users across various industries, accumulating numerous mature application cases in typical IT application innovation sectors such as finance, telecommunications, government, and transportation. In recent evaluations by authoritative institutions, five of GBase's solutions were selected as "Financial IT Application Innovation Outstanding Solutions" (in core business, office management, and general business categories) by the Financial IT Application Innovation Ecosystem Laboratory. Three projects led by GBase were recognized as "2022 Excellent and Good Projects" by the Innovation Application Committee. Being named to the 2023 Top 100 IT Application Innovation Unicorns is once again a recognition and commendation of the company's comprehensive strengths and its support for the IT application innovation industry.

Currently, GBase has established a strategic development plan to address new situations and trends. Committed to its core business and innovating with integrity, GBase targets the hundreds-of-billion-yuan market for IT application innovation and digital transformation, as well as the broader trillion-yuan market for data as a factor of production. It is advancing in technology directions such as high security, high performance, high concurrency, multimodal, distributed, cloud-native, virtualization, intelligent data lakehouse, and the integration of database and AI technologies. Keeping pace with the times, GBase remains dedicated to building database products and services that users love, and will work hand in hand with customers and partners for sustainable development.