Choosing the right database is a critical choice when building any software application. All databases have different strengths and weaknesses when it comes to performance, so deciding which database has the most benefits and the most minor downsides for your specific use case and data model is an important decision. Below you will find an overview of the key concepts, architecture, features, use cases, and pricing models of M3 and TimescaleDB so you can quickly see how they compare against each other.

The primary purpose of this article is to compare how M3 and TimescaleDB perform for workloads involving time series data, not for all possible use cases. Time series data typically presents a unique challenge in terms of database performance. This is due to the high volume of data being written and the query patterns to access that data. This article doesn’t intend to make the case for which database is better; it simply provides an overview of each database so you can make an informed decision.

M3 vs TimescaleDB Breakdown


 
Database Model

Time series database

Time Series Database

Architecture

The M3 stack can be deployed on-premises or in the cloud, using containerization technologies like Kubernetes or as a managed service on platforms like AWS or GCP

TimescaleDB is built on top of PostgreSQL and inherits its architecture. It extends PostgreSQL with time-series-specific optimizations and functions, allowing it to manage time series data efficiently. It can be deployed as a single node, in a multi-node setup, or in the cloud as a managed service.

License

Apache 2.0

Timescale License (for TimescaleDB Community Edition); Apache 2.0 (for core PostgreSQL)

Use Cases

Monitoring, observability, IoT, Real-time analytics, large-scale metrics processing

Monitoring, observability, IoT, real-time analytics, financial market data

Scalability

Horizontally scalable, designed for high availability and large-scale deployments

Horizontally scalable through native support for partitioning, replication, and sharding. Offers multi-node capabilities for distributing data and queries across nodes.

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M3 Overview

M3 is a distributed time series database written entirely in Go. It is designed to collect a high volume of monitoring time series data, distribute storage in a horizontally scalable manner, and efficiently leverage hardware resources. M3 was initially developed by Uber as a scalable remote storage backend for Prometheus and Graphite and later open-sourced for broader use.

TimescaleDB Overview

TimescaleDB is an open source time series database built on top of PostgreSQL. It was created to address the challenges of managing time series data, such as scalability, query performance, and data retention policies. TimescaleDB was first released in 2017 and has since become a popular choice for storing and analyzing time series data due to its PostgreSQL compatibility, performance optimizations, and flexible data retention policies.


M3 for Time Series Data

M3 is specifically designed for time-series data. It is a distributed and scalable time-series database optimized for handling large volumes of high-resolution data points, making it an ideal solution for storing, querying, and analyzing time-series data.

M3’s architecture focuses on providing fast and efficient querying capabilities, as well as high ingestion rates, which are essential for working with time-series data. Its horizontal scalability and high availability ensure that it can handle the demands of large-scale deployments and maintain performance as data volumes grow.

TimescaleDB for Time Series Data

TimescaleDB is specifically designed for time series data, making it a natural choice for storing and querying such data. It provides several advantages for time series data management like horizontal scalability, columnar storage, and retention policy support. However, TimescaleDB may not be the best choice for all time series use cases. One example would be if an application requires very high write throughput or real-time analytics, other specialized time series databases like InfluxDB may be more suitable.


M3 Key Concepts

  • Time Series Compression: M3 has the ability to compress time series data, resulting in significant memory and disk savings. It uses two compression algorithms, M3TSZ and protobuf encoding, to achieve efficient data compression.
  • Sharding: M3 uses virtual shards that are assigned to physical nodes. Timeseries keys are hashed to a fixed set of virtual shards, making horizontal scaling and node management seamless.
  • Consistency Levels: M3 provides variable consistency levels for read and write operations, as well as cluster connection operations. Write consistency levels include One (success of a single node), Majority (success of the majority of nodes), and All (success of all nodes). Read consistency level is One, which corresponds to reading from a single nod

TimescaleDB Key Concepts

  • Hypertable: A hypertable is a distributed table that is partitioned by time and possibly other dimensions, such as device ID or location. It is the primary abstraction for storing time series data in TimescaleDB and is designed to scale horizontally across multiple nodes.
  • Chunk: A chunk is a partition of a hypertable, containing a subset of the hypertable’s data. Chunks are created automatically by TimescaleDB based on a specified time interval and can be individually compressed, indexed, and backed up for better performance and data management.
  • Distributed Hypertables: For large-scale deployments, TimescaleDB supports distributed hypertables, which partition data across multiple nodes for improved query performance and fault tolerance.


M3 Architecture

M3 is designed to be horizontally scalable and handle high data throughput. It uses fileset files as the primary unit of long-term storage, storing compressed streams of time series values. These files are flushed to disk after a block time window becomes unreachable. M3 has a commit log, equivalent to the commit log or write-ahead-log in other databases, which ensures data integrity. Client Peer streaming is responsible for fetching blocks from peers for bootstrapping purposes. M3 also implements caching policies to optimize efficient reads by determining which flushed blocks are kept in memory.

TimescaleDB Architecture

TimescaleDB is an extension built on PostgreSQL, inheriting its relational data model and SQL support. However, TimescaleDB extends PostgreSQL with custom data structures and optimizations for time series data, such as hypertables and chunks.

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M3 Features

Commit Log

M3 uses a commit log to ensure data integrity, providing durability for write operations.

Peer Streaming

M3’s client peer streaming fetches data blocks from peers for bootstrapping purposes, optimizing data retrieval and distribution.

Caching Mechanisms

M3 implements various caching policies to efficiently manage memory usage, keeping frequently accessed data blocks in memory for faster reads.

TimescaleDB Features

Partitioning

TimescaleDB automatically partitions time series data tables using hypertables and chunks, which simplifies data management and improves query performance.

Time series focused SQL functions

TimescaleDB provides several specialized SQL functions and operators for time series data application scenarios, such as time_bucket, first, and last, which simplify querying and aggregating time series data.

Query optimization

As mentioned earlier, TimescaleDB extends PostgreSQL’s query planner for writing and querying time series data, including optimizations like time-based indexing and chunk pruning.


M3 Use Cases

Monitoring and Observability

M3 is particularly suitable for large-scale monitoring and observability tasks, as it can store and manage massive volumes of time-series data generated by infrastructure, applications, and microservices. Organizations can use M3 to analyze, visualize, and detect anomalies in the metrics collected from various sources, enabling them to identify potential issues and optimize their systems.

IoT and Sensor Data

M3 can be used to store and process the vast amounts of time-series data generated by IoT devices and sensors. By handling data from millions of devices and sensors, M3 can provide organizations with valuable insights into the performance, usage patterns, and potential issues of their connected devices. This information can be used for optimization, predictive maintenance, and improving the overall efficiency of IoT systems.

Financial Data Analysis

Financial organizations can use M3 to store and analyze time-series data related to stocks, bonds, commodities, and other financial instruments. By providing fast and efficient querying capabilities, M3 can help analysts and traders make more informed decisions based on historical trends, current market conditions, and potential future developments.

TimescaleDB Use Cases

Monitoring and metrics

TimescaleDB is well-suited for storing and analyzing monitoring and metrics data, such as server performance metrics, application logs, and sensor data. Its hypertable structure and query optimizations make it easy to store, query, and visualize large volumes of time series data.

IoT data storage

TimescaleDB can be used to store and analyze IoT data, such as sensor readings and device status information. Its support for automatic partitioning and specialized SQL interfaces simplifies the management and querying of large-scale IoT datasets.

Financial data

TimescaleDB is suitable for storing and analyzing financial data, such as stock prices, exchange rates, and trading volumes. Its query optimizations and specialized SQL functions make it easy to perform time-based aggregations and analyze trends in financial data.


M3 Pricing Model

M3 is an open source database and can be used freely, although you will have to account for the cost of managing your infrastructure and the hardware used to run M3. Chronosphere is the co-maintainer of M3 along with Uber and also offers a hosted observability that uses M3 as the backend storage layer.

TimescaleDB Pricing Model

TimescaleDB is available in two editions: TimescaleDB Open Source and TimescaleDB Cloud. The open-source edition is free to use and can be self-hosted, while the cloud edition is a managed service with a pay-as-you-go pricing model based on storage, compute, and data transfer usage. TimescaleDB Cloud offers various pricing tiers with different levels of resources and features, such as continuous backups and high availability.