Bitcoin payments for database management

It may have had something of a bad press recently, but the Bitcoin movement is continuing to gather pace, and starting to creep into the mainstream as a medium for business transactions, especially in areas in and around the cloud.

Take, for example,Pythian, a US provider of data management consulting and managed services, which has just announced that it now accepts Bitcoin for database management services. The decision, it says, is an effort to better support its customers, especially retailers.

Under this new program, companies can now exchange their Bitcoins for Pythian services, such as database infrastructure management and support, consulting, and big data implementations.

“In the wake of Bitcoin announcements from public companies like Overstock and Zynga, we predict that more retailers will jump on the digital currency train”

A growing number of global companies—specifically retailers—are beginning to accept Bitcoin as a simplified form of payment, especially in international transactions. Although Bitcoin functions as universal payment method, these retailers sacrifice revenue by paying Bitcoin-processing companies to instantly convert Bitcoins to dollars.

By opening up Bitcoin payments for database management services, Pythian now offers retailers another option: to retain the full purchasing power of their Bitcoins by exchanging them for vital services that ensure their data infrastructures are secure and operating efficiently.

“In the wake of Bitcoin announcements from public companies like Overstock and Zynga, we predict that more retailers will jump on the digital currency train,” said Andrew Waitman, Chief Executive Officer of Pythian. “Since we serve such a large number of retail customers across the world, we’ve chosen to step in front of this trend and begin accepting Bitcoin as payment for services. This is yet another advancement in Pythian’s mission to provide high-level customer support to meet the needs of our global clientele.”

Pythian consults on and manages mission-critical data infrastructures for customers worldwide, and provides specialised expertise on Oracle, MySQL, Microsoft SQL Server, big data, MongoDB, Hadoop, and more.It offers a 24/7 support model, whichsets out to ensure customers receive crucial database support from industry-leading database administrators within minutes, no matter the geographical location.