A Momentous 2023, Headlined by a 19% increase of ARR, Positions Percona for Even Greater Success in the Year Ahead
27.3.2024 16:00:00 EET | Business Wire | Press release
Percona, a leader in enterprise-grade, open source database software, support, and services, has entered 2024 fresh off a year marked by sustained customer growth, multiple prestigious award wins, and innovative product enhancements. The company's impressive 2023 has further solidified its standing as a go-to provider of open source database solutions and support services.
Having predicted the database market to clear $100 billion in 2023, Gartner forecasts the market to grow at a compound annual growth rate (CAGR) of 16.8% through 2027 and reach $203.6 billion. This underscores sustained demand for sophisticated database management expertise to ensure optimal performance, security, and reliability. Uniquely qualified to address these needs, Percona has capitalized on the expanding opportunity, realizing a 19% increase in Annual Recurring Revenue (ARR).
Customer-Led Growth
Fueled by ongoing innovation and an unwavering commitment to customer success, Percona has continued to broaden its customer base — with both new customer acquisitions and expanded relationships with existing customers contributing to its fully organic growth.
One notable example, EveryMatrix, a prominent iGaming software provider, has benefited from Percona's managed services expertise, optimizing their database management for MySQL, MariaDB, and PostgreSQL. This collaboration has resulted in enhanced database performance, resilience, and security, empowering EveryMatrix to focus on innovation and customer satisfaction within the highly competitive online gaming industry.
Similarly, PagerDuty relies on Percona's support for MySQL, ensuring reliable and high-performance database instances critical to PagerDuty's operations. Percona's proactive assistance, including end-of-life support for MySQL 5.7 and migration planning, underscores its commitment to delivering exceptional support and expertise to its clientele.
2023 also saw some of the world’s most recognizable brands signing on with Percona or expanding the scope of their engagement. Percona began supporting companies such as Netflix and the United States Geological Survey. The company expanded its scope further by partnering with Merchant Warrior, Otto Office, and Kontron, among others.
Awards and Recognition
Percona’s track record as a leader in the open source database community yielded several prestigious awards and acknowledgments in 2023.
Most recently, the company secured the title of "Best DevOps for DataOps/Database Solution" at the Devops Dozen awards, illustrating its commitment to delivering cutting-edge solutions tailored to modern DevOps practices. Additionally, Percona's innovative products have been featured among the trend-setting products in data and information management for 2024 by DBTA (Database Trends and Applications), further validating its position as an industry trailblazer.
Moreover, Percona thought leaders like CEO Ann Schlemmer and Technology Evangelist Dave Stokes have garnered attention in publications such as Forbes, Computer Weekly, InfoWorld, The New Stack, The Register, and more. In these thought pieces Percona’s leaders have spearheaded discussions on data and open source, shaping the discourse around emerging trends and best practices.
Innovations and Enhancements
Percona continued to push the boundaries of database innovation with the recent Beta release of Percona Everest, an open source cloud-native database platform. Percona Everest is the first open source solution that combines multi-cloud and multi-database capabilities in one platform. With an intuitive user interface (UI) and command-line interface (CLI), Percona Everest offers advanced database provisioning and management features at no cost while providing control over infrastructure expenses, eliminating vendor lock-in.
Percona Everest allows users to enjoy flexible features such as provisioning, scalability, performance optimization, and high availability with full automation. By integrating with Kubernetes Operators, Percona Everest empowers users to run databases anywhere, liberating them from the constraints of public cloud platforms.
In addition to the Beta release of Percona Everest, Percona introduced numerous enhancements and updates to its product lineup over the course of 2023, including:
- A complete post-EOL support program for MySQL 5.7, which allows participating customers to continue to operate on a fully supported Percona Server for MySQL 5.7 until upgrading to later major versions becomes more convenient. Within this program, Percona continues to release the CVE-patched versions of MySQL 5.7 to participating customers.
- Percona Monitoring and Management (PMM) introduced MongoDB backup monitoring capabilities, which provide users with a streamlined backup and restore process and improved inventory management.
Primed for Growth
Looking ahead, Percona is poised for continued expansion. The company remains steadfast in its mission to make enterprise databases run better through a unique blend of expertise and open source software.
"As we reflect on our recent achievements and the strides we've made in 2023, it's clear that all the attributes customers value in a vendor – dedication to innovation, customer-centric solutions, and fostering meaningful relationships – are moving Percona in the right direction," said Ann Schlemmer, CEO of Percona. "We are proud of each milestone we’ve reached and the incredible team that has gotten us here, and we look forward to continuing our commitment to driving progress."
Percona will reaffirm its leadership within the open source database community by participating in key industry events throughout 2024, including KubeCon North America and Open Source Summit North America. At these events, and many others, Percona will continue to expand its impact on the open source database community.
Learn more about how databases perform better with Percona.
About Percona:
Percona is a world-class open source database software, support, and services company. The organization is dedicated to helping businesses ensure their databases — and the applications that depend on them — are secure, compliant, performant, and highly available.
Through a unique combination of database expertise and enterprise-grade open source software, Percona empowers organizations with the freedom to choose, the freedom to create, and the freedom to innovate with speed as they grow. For more information, visit www.percona.com.
To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240327240035/en/
Contact information
Jacob Manchester
Senior Account Executive, PR
Scratch Marketing + Media
Percona@scratchmm.com
About Business Wire
For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
Saudi Fund for Development Announces Progress on Pristina–Mitrovica Highway Project in Kosovo13.10.2026 16:36:00 EEST | Press release
The Saudi Fund for Development (SFD) today joined the Government of Kosovo to inaugurate the Pristina–Mitrovica Highway, marking SFD’s first completed project in Kosovo and an important milestone in the partnership between both sides. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20261013433726/en/ SFD CEO and Kosovar's minsters sideline meeting (Photo: AETOSWire) His Excellency Sultan bin Abdulrahman Al-Marshad, Chief Executive Officer of the Saudi Fund for Development, inaugurated the upgraded highway section by cutting the ribbon at the newly completed road. He subsequently held a sideline meetings with His Excellency Hekuran Murati, Minister of Finance, His Excellency Dimal Basha Minister of Infrastructure and Transport, and His Excellency Arben Vitia, Minister of Health, to discuss the development projects and the continued SFD- Kosovo partnership. The project upgrades a 9.87 km section of the Prishtina–Mitrovica Highway
KAST Selects Kiln’s Claire Wells as Chief Legal Officer13.10.2026 16:30:00 EEST | Press release
KAST, the global money app, announced today that Claire Wells has joined the company as Chief Legal Officer. Wells will lead KAST’s global legal operations, and the company’s compliance, regulatory, fundraising and licensing initiatives are under her remit. Wells is a proven legal and compliance leader with deep experience building and scaling legal, regulatory and policy functions across fintech, payments and digital assets. She has navigated complex, multi-jurisdictional environments, all while delivering growth. “I’m thrilled that Claire has joined the KAST team as our new Chief Legal Officer,” said KAST Founder & CEO Raagulan Pathy. “Claire is joining us at a truly pivotal time for the company as we enter our next phase of growth. We are continuing to expand our product set rapidly, and her strategic leadership will be instrumental in scaling our operations into a truly global powerhouse.” This is a significant hire for KAST. To meet fast-growing global demand, the company now has
Ohana Development Announces Erling Haaland as a Proud Homeowner at Manchester City Yas Residences by Ohana, During Phase 2 Launch13.10.2026 16:00:00 EEST | Press release
Ohana Development has announced Erling Haaland as a proud homeowner at Manchester City Yas Residences by Ohana during the launch of the project’s second phase. Featuring two- and three-bedroom townhouses, duplex villas, and four- and five-bedroom villas, Phase 2 sales will commence on 19 October 2026. The event at Etihad Arena welcomed over 4,000 guests, including Pep Guardiola, who was announced as the project’s official brand ambassador. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20261013790618/en/ Manchester City Yas Residences by Ohana Launches Phase 2 (Photo: AETOSWire) Located along Yas Canal, adjacent to Yas Island, the development spans 1.67 million square metres and will feature more than 2,000 residences. The world’s first Manchester City-branded residential community has already broken ground, with phased delivery scheduled by 2029. In a video appearance by Manchester City star Erling Haaland, he announced that
Tigo Energy Enables over 11MW of Repowering as Legacy Solar Service Market Grows13.10.2026 16:00:00 EEST | Press release
Tigo Energy, Inc. (NASDAQ: TYGO) (“Tigo” or “Company”), a leading provider of intelligent solar and energy software solutions, today announced that Tigo technology has helped enable over 11MW of solar repowering projects as demand grows for upgrades, replacement components, and services across the installed base of aging residential solar systems. To help installers capture this opportunity, Tigo is also introducing a practical repowering playbook and installer resources designed to support both business development and the technical execution of legacy-system upgrades through repowering. The Tigo Repowering Business Playbook gives installers a step-by-step framework for building a repowering business across four stages: Discover, Build, Sell, and Grow. The guide addresses how to evaluate the market opportunity, create repeatable service offerings, identify and qualify customers, package services around homeowner needs, launch a repowering program, and develop ongoing service and upgra
Xsolla Announces Direct Co-Marketing Campaigns Between Payment Providers and Video Game Developers13.10.2026 16:00:00 EEST | Press release
Xsolla, a global commerce company, today unveiled plans for Co-Marketing Campaigns, an upcoming self-serve tool in Xsolla Business Account for Payment Providers that lets payment providers initiate and manage marketing campaigns directly with video game developers. Xsolla will preview it at Money20/20 USA in Las Vegas, October 18 - 21, 2026, in meeting room Veronese 2505. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20261013246989/en/ Graphic: Xsolla Video games drive major consumer spending, but payment providers that process many of those payments have had limited ways to participate in the marketing and engagement opportunities that follow. With access to more than 1,500 video game developers and their players, Xsolla will help payment providers turn payment insights into direct marketing partnerships through Co-Marketing Campaigns. Available directly within Xsolla Business Account for Payment Providers, the new capabilit
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom