OceanBase CEO Yang Bing Emphasizes Openness, Reliability and Accessibility in Technological Development at ATxSummit in Singapore


Yang Bing, the Chief Executive Officer of OceanBase, attended a panel discussion at ATxSummit in Singapore this week and emphasized the importance of openness, reliability, and accessibility for the future development of the technology industry. OceanBase, an Ant Group company, is a distributed relational database provider that serves over 400 customers worldwide.

During the panel “The Convergence of Technology: Enlarging Our Digital Commons”, Yang Bing shared his views on the significance of openness as the foundation of the internet and digital technologies. He noted that, “At Ant Group, we strongly believe that technology will create greater value when it is open.” Therefore, OceanBase was transformed into an open-source project, which is the best way to promote technological openness, ensure global knowledge sharing and drive the advancement and innovation of the entire industry.

Furthermore, Yang Bing also highlighted the importance of reliability and accessibility of technologies.

According to Yang Bing, OceanBase is committed to investing in security and reliability, enabling the company to cater to diverse needs across various industries including financial services, telecommunications, energy, transportation, retail, and digital natives, both on-premise and on the cloud. In 2022, OceanBase obtained a System and Organization Controls 2 (SOC2) Type II report issued by Ernst & Young, validating the security capabilities of the database kernel in areas such as access management, security auditing, and encrypted transmission and storage.

Established in 2010, OceanBase is the only native distributed database that topped in global results of both TPC-C and TPC-H benchmark tests. Over the last decade, it has evolved into a general-purpose database that supports the full lifecycle of businesses of varying sizes. Its integrated single-machine distributed architecture and hybrid-cloud compatibility make OceanBase an ideal choice for small and medium-sized enterprises (SMEs) seeking cost-effective database services. Today, SME customers make up 70 percent of OceanBase’s total customer base, and this number continues to grow.

Supporting customers in their database modernization journey, OceanBase’s business has extended across ChinaSoutheast Asia, and more markets. In the Southeast Asian market, OceanBase serves customers including DANA and GCash, e-wallets in Indonesia and the Philippines respectively. For example, OceanBase helped GCash reduce costs, improve efficiency, and implement financial-grade disaster recovery amid GCash’s rapid business growth. Following the migration of business to OceanBase, the required storage space of the GCash’s database was reduced by 70% due to OceanBase’s high compression ratio. In addition, OceanBase’s large cluster mode significantly improves resource utilization, and as a result GCash’s database resource cost was reduced by more than 40% on average.

Additionally, OceanBase regularly hosts technical meetups in Singapore and other Southeast Asian countries to help the development of local database technology and engineering community.


Singapore to host largest tech event since reopening of its borders


From 31 May to 3 June, Singapore is hosting Asia Tech x Singapore (ATxSG), Asia’s flagship technology event that convenes global leaders and decision-makers across the technological ecosystem to debate and address opportunities and challenges as the world taps into the potential of digital to power the next bound of global economic growth while building an inclusive digital future.

ATxSG is headlined by the exclusive invitation-only ATxSummit to be held at The Ritz-Carlton, Millenia Singapore on 31 May, where Mr. Heng Swee KeatSingapore’s Deputy Prime Minister and Coordinating Minister for Economic Policies will be the Guest of Honour. With a powerhouse line up of more than 50 speakers and some 2,000 guests from government, business and industry, the event will see robust discussion on a wide gamut of topics such as quantum computing, metaverse, and sustainability for a green digital future. On the same evening, Mr. Teo Chee HeanSingapore’s Senior Minister and Coordinating Minister for National Security, will be the Guest of Honour for the inaugural ATxSummit Social – an exclusive, by-invitation-only dinner for the Summit’s speakers and guests.

The line-up of speakers includes Mrs. Josephine TeoSingapore’s Minister for Communications and Information, Guest of Honour for the ATxAI Conference (1 Jun), as well as a panellist at ‘Trust in the Digital Economy’ (31 May) and ‘Changing Roles of Women in Tech (1 Jun) and Mr. Ong Ye KungSingapore’s Minister for Health, who will be speaking at a panel session on ‘Rethinking Healthcare Within a Digital Landscape’. They will be joined by Ministers from BrazilEstonia, European Commission, IndonesiaMalaysiaMongolia and the United States. ATxSG will also host senior executives from the world’s biggest and fastest-growing technology companies such as Amazon Web Services, Epic Games, Google, IBM, Microsoft and Ping An Group.

“Digital and tech brings many opportunities but also challenges. That impact is felt at the intersection of Tech and Governance, Tech and Businesses, and Tech and Society. This involves building a trusted digital environment, creating economic growth, seeding innovations, and tackling society’s pressing problems. It is therefore key to bring together thought leaders across these domains, to shape that shared digital future,” said Mr. Lew Chuen Hong, Chief Executive, Singapore’s Infocomm Media Development Authority.

ATxAI and ATxInspire: Women in Tech

On 1 June, ATxSG will feature ATxAI conference that will look at the future of AI technologies, trust in AI, and how AI can be leveraged for social good. On the same day, participants at ATxInspire will hear from distinguished female leaders in the technology space. They will share their views on how to bolster the progress of women professionals in the industry while promoting greater diversity across the tech workforce. The panellists include Mrs. Josephine TeoH.E. Bolor-Erdene BattsengelMongolia’s Secretary of State, Ministry of Digital Development and Communications, H.E. Makishima KarenJapan’s Minister for Digital, Ms. Jessica Tan, Co-CEO of Ping An Group and Ms. Kathy Baxter, Principal Architect, Ethical AI practice at Salesforce.

At the side-lines of ATxSG, Mr. Tan Kiat HowSingapore’s Minister of State for Communications and Information, will be giving the keynote address as Guest of Honour at the Founders Forum (31 May), and Ms. Rahayu MahzamSingapore’s Parliamentary Secretary will be giving the keynote address at the InnovFest x Elevating Founders (ATxImpact) (1 Jun) as Guest of Honour.

ATxEnterprise and ATxImpact

ATxSG will showcase two popular segments: ATxEnterprise and ATxImpact, organised by Informa Tech, scheduled from 1 to 3 June, at the Singapore EXPO. Spanning 3 halls of more than 500 exhibitors from 32 countries/regions and 200 conference sessions featuring more than 350 speakers.

The three-day event will see more than 10,000 attendees and business leaders from across Asia’s Tech, Media, Telecoms and Start-up ecosystem convene in Singapore for a long-awaited return to in-person events.

The ATxEnterprise Headliners will kick-off the event with Dr Janil PuthuchearySingapore’s Senior Minister of State, Ministry of Communications and Information & Ministry of Health, Singapore, delivering the opening address on 1 June, at 9.30am.

Tony Blair, former Prime Minister of Great Britain and Northern Ireland, and Executive Chairman of the Tony Blair Institute for Global Change, will also join virtually to deliver a keynote on Supporting Global Change through Technology.

ATxEnterprise, the flagship collection of industry events at ATxSG, features BroadcastAsia, CommunicAsia, SatelliteAsia, and TechXLR8Asia, led by top sponsors Huawei, NCS and Singtel. ATxImpact featuring InnovFest x Elevating Founders, organised in partnership with NUS Enterprise, the official start-up event of ATxSG, and largest gathering of its kind in the region, brings together more than 100 promising regional start-ups, and top names in venture capital.

“Boasting a strong line-up of renowned speakers and over 500 exhibitors from various industries including business, technology, and telecommunications, we are excited to partner with IMDA for this year’s ATxSG, the first to be conducted physically. We look forward to insights and conversations across business, tech and government leaders that will shape our shared digital future,” said Mr. Tom Cuthell, Vice President of Festivals, Informa Tech.