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MySQL Doubles Revenues Again; MySQL 5.0 Alpha Debuts

MySQL Doubles Revenues Again; MySQL 5.0 Alpha Debuts

MySQL AB doubled its revenues to $12.6 million (10 million euros) in 2003 for the second year in a row but it still wound up in the red for the year as a whole though things changed in the last few months, according to CEO Marten Mickos, when the company turned profitable.

Mickos thinks the company can double revenues again this year whether or not it stays in the black. "Right now we operate on a profitable basis, but we may naturally make investments," Mickos said.

The 120-man outfit isn't planning to seek funding this year.

MySQL, the company, also put out an alpha version of its MySQL 5.0 open source database for test and evaluation.

New features in the upgrade include stored procedures as well as functionality to enhance portability and migration, internationalization and usability.

Stored procedures, which facilitate the adoption of MySQL in existing database applications, are SQL statements stored in the database in a compiled form so they can be accessed in a standard way across multiple applications.

MySQL stored procedures are based on SQL:2003, a common SQL standard covering syntax, data structures and retrieval processes. Besides better accessibility, stored procedures are supposed to improve data integrity and developer productivity.

The way MySQL 5.0 handles stored procedures scalability reportedly gets a boost because server side cursor support is integrated. MySQL 5.0 is scheduled to move into production in the latter part of the year.

MySQL, the company, said that some of the features planned for rev 5.0 might end up in 4.1, which is also in development. Release 4.1 is expected to move into production in the second quarter.

The version currently shipping is Release 4.0.

MySQL, the company, puts out early versions of its database software for "battle testing" before it's released for production use.

Under MySQL's dual-licensing scheme, all MySQL production releases are available under the GPL as well as a commercial license.

The company claims it's got four million active installations worldwide. The MySQL database is used in a range of applications including Web databases, e-commerce applications, data warehousing, logging applications and distributed applications as well as being embedded in third-party software.

See www.mysql.com/downloads/mysql-5.0.html to get the alpha.

More Stories By Maureen O'Gara

Maureen O'Gara the most read technology reporter for the past 20 years, is the Cloud Computing and Virtualization News Desk editor of SYS-CON Media. She is the publisher of famous "Billygrams" and the editor-in-chief of "Client/Server News" for more than a decade. One of the most respected technology reporters in the business, Maureen can be reached by email at maureen(at)sys-con.com or paperboy(at)g2news.com, and by phone at 516 759-7025. Twitter: @MaureenOGara

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