Tech

The Steel Maker, POSCO Opted for Altibase in-Memory Database; its Database Related TCO Decreased by 60%

Published

6 years ago

July 22, 2019

POSCO, the world’s largest steelmaker had opted for Altibase in-memory database over Oracle to get real-time data from its blast furnaces. Due to this, POSCO’s total cost of ownership reduced by 60 percent. The South-Korean steel maker company went for Altibase to upgrade its IT infrastructure for its aging blast furnaces.

The step was taken by POSCO to get a database to detect any flaws in the inner linings of blast furnaces with the help of analyzing a real-time database. Oracle, Oracle TimesTen, and Altibase were the options available for POSCO to choose one. The company rejected both Oracle and Oracle TimesTen after conducting a series of BMTs due to cost issues. Altibase was selected after taking into consideration its performance, high reliability and a reasonable cost of its service.

POSCO’s free utility, Migration Center helped Altibase to shift its data from different data objects from Oracle in a convenient way. Altibase’s ODBC/JDBC drivers facilitated the integration with various other applications. Due to Altibase’s unique parallel receiver apply technique helped to improve the easy replication of data.

There are several other factors which prompted POSCO to choose Altibase than other options. All-in-one hybrid technology of Altibase was the one reason for the company to go for Altibase. This facilitated the storage and manipulation of data in the main memory only which reduced the total cost of ownership as it prevents the need for POSCO to buy an in-memory and a disk-resident database separately. Altibase, being an open-source helped to reduce the costs of a database for POSCO significantly.

Tech

Norovex Mobile Trading: The New Edge for Aussie Investors

Published

2 days ago

December 12, 2025

Jonathan Grilli

Australia has always been a nation of savvy traders—whether it’s equities, commodities, or the fast-moving crypto market. With markets increasingly global and the world operating 24/7, Aussie traders are shifting rapidly toward mobile-first trading, where timing and execution matter just as much as strategy.

That’s where Norovex steps in. Designed for traders who need real speed, clean usability, and access to global markets at any hour, Norovex’s mobile platform is gaining traction among Australian investors looking for a modern edge.

Let’s explore why Norovex is becoming a standout choice for traders across Sydney, Melbourne, Perth, Brisbane, and beyond.

A Platform Made for Australia’s Fast-Paced Trading Style

Australian traders don’t just follow markets—they follow multiple markets:

Crypto runs 24/7
US stocks open overnight
Asian markets move early
Forex never sleeps

Norovex’s mobile platform is built precisely for this reality.Whether you’re checking charts over your morning flat white or monitoring crypto swings late at night, the app gives you:

Live pricing
Fast execution
Smooth charts
Full market access
Instant notifications

It’s designed for traders who don’t want to miss an opportunity—no matter what time zone drives it.

Crypto Trading on Mobile: A Strong Match for Australian Traders

Australia has one of the highest crypto adoption rates globally, and Norovex caters directly to that demand.The platform offers:

Bitcoin, Ethereum, and a wide selection of altcoins
Margin trading for amplified opportunities
Real-time volatility alerts
Tight spreads even during peak market moves

For Australian traders who love catching dips during US trading hours or riding weekend altcoin momentum, Norovex’s mobile app provides the kind of speed and fluidity these markets demand.

Trade Global Markets From Anywhere in Australia

Beyond crypto, Norovex gives Aussies access to: