Monitoring can get expensive due to the huge quantities of data that need to be processed. In this blog post, you’ll learn the best ways to store and process monitoring metrics to reduce your costs, and how VictoriaMetrics can help. This blog post will only cover open-source solutions. VictoriaMetrics is proudly open source. You’ll get the most out of this blog post if you are familiar with Prometheus, Thanos, Mimir or VictoriaMetrics.

Financial institutions handle vast amounts of sensitive and confidential data, including customer information, transaction details, and regulatory compliance records. A trusted database ensures the security and privacy of this sensitive information, protecting it from unauthorised access, breaches, or cyber threats. MongoDB is the ideal fit, and it’s one of the most widely used databases in the financial services industry. It provides a sturdy, adaptable and trustworthy foundation.

Database Administrators (DBAs) rely on time series data every day, even if they don’t think of time series data as a unique data type. They rely on metrics such as CPU usage, memory utilization, and query response times to monitor and optimize databases. These metrics inherently have a time component, making them time series data. However, traditional databases aren’t specifically designed to handle the unique characteristics and workloads associated with time series data.

We recently launched the State of the Database Landscape 2024 survey results, with information from almost 4,000 database professionals from around the globe. A clear picture emerged from the results, suggesting that 2024 is the year that skill diversification among database professionals is imperative. There’s the need to manage multiple databases, to migrate to the cloud, to introduce continuous delivery with DevOps, and even incorporating Generative AI into the mix.

Azure Cosmos DB, a global, multi-model database by Microsoft Azure, ensures globally responsive and scalable applications with low-latency, high-throughput data access. With support for diverse data models, global distribution, flexible consistency models, automatic scaling, and comprehensive SLAs, it’s crucial for modern applications requiring agility, security, and compliance.

A large proportion of our customers rely on eG Enterprise to monitor and troubleshoot application and end-user experience problems caused by problems in underlying database dependencies. Our end-to-end unified monitoring and root-cause analysis platform supports all major database technologies. Over recent years, we have witnessed a significant shift from traditional on-premises databases to more dynamic, scalable solutions.