Core Insights - OceanBase emphasizes the importance of stability and correctness in its technology path, stating that efficiency alone is insufficient for critical business applications [1] - The company has surpassed 4,000 clients in five years of commercialization, with an annual growth rate exceeding 100% [1] - OceanBase is transitioning from a "technology follower" to an "architecture leader" in the context of AI and globalization [1] Group 1: Engineering Capability - OceanBase's growth is fundamentally linked to its engineering capabilities, particularly in sectors with high stability requirements like finance and government [2] - The company has experienced three waves of development: technology emergence driven by the internet, productization spurred by domestic demand, and architectural restructuring due to AI and globalization [2] - The compression of the database maturity cycle has been described as reducing a ten-year process to two or three years [2] Group 2: Unique Engineering Culture - Over 50% of OceanBase's code is dedicated to fault tolerance and exception handling, showcasing its commitment to reliability [4] - The company avoids direct operating system calls, opting instead to interact directly with hardware, which increases R&D costs but enhances reliability [4] - The true barrier in foundational software lies in unseen investments, which OceanBase has accumulated through comprehensive engineering capabilities [4] Group 3: AI and Database Paradigm Shift - OceanBase is not pursuing a single vector database but is developing an AI-native database that supports multi-modal mixed search capabilities [5] - The integration of various data processing capabilities is essential for future enterprise needs, moving away from multiple databases to a unified platform [5] - The launch of the open-source AI-native database, seekdb, aims to innovate while maintaining the stability of the core product [5] Group 4: Globalization Strategy - OceanBase's overseas revenue currently accounts for about 10%, with a target to increase this to 20% next year [6] - The company is adapting its global strategy to address challenges in different markets, focusing on brand messaging, service systems, and organizational structure [6] - OceanBase has successfully served over 50 overseas clients, including fintech companies in Southeast Asia, demonstrating its ability to adapt to local needs [7] Group 5: Market Positioning and Challenges - The transition from "product output" to "ecosystem integration" is a key strategy for OceanBase in its international expansion [7] - Competing with top global database vendors in North America and Europe requires not only technical capabilities but also a robust global support system and brand recognition [7] - OceanBase's journey from its origins in Alipay's core system to facing new challenges in AI and globalization reflects its evolution in the database market [8]