Amazon Web Services, Inc. (AWS), an Amazon.com company, announces the general availability of Amazon Timestream, a new time series database for IoT and operational applications. According to the company, Timestream could not only scale to process trillions of time series events per day, but do it 1,000 times faster than relational databases, and at as low as 1/10th the cost.

The technology organizations across the world are in constant pursuit to develop IoT, edge, and operational applications that mine, analyze, and churn out actionable information from enormous amounts of data that change over time (known as

time series data). Timestream will save the efforts & expense of such organizations by keeping recent data in-memory and periodically transferring historical data to a storage tier. Its query processing will enable customers the access to and combine recent and historical data transparently across tiers with a single query. They won’t be required to specify explicitly in the query whether the data resides in the in-memory or storage tier.

Timestream also incorporates analytics features that help customers identify trends and patterns in data in near real time. With no capex for customers, Timestream will charge only for the data the customers write, store, or query.

In a statement, Shawn Bice, VP, Databases, AWS, said, “What we hear from customers is that they have a lot of insightful data buried in their industrial equipment, website clickstream logs, data center infrastructure, and many other places, but managing time series data at scale is too complex, expensive, and slow. Solving this problem required us to build something entirely new. Amazon Timestream provides a serverless database service that is purpose-built to manage the scale and complexity of time series data in the cloud, so customers can store more data more easily and cost effectively, giving them the ability to derive additional insights and drive better business decisions from their IoT and operational monitoring applications.”

Amazon has currently made available Timestream across US East (N. Virginia), US East (Ohio), US West (Oregon), and EU (Ireland), and plans to expand to additional regions in the coming months.