MonetDB vs TimescaleDB

We are building an IOT service with heavy write throughput and fewer reads (we need downsampling records). We prefer to have good reliability when comes to data and prefer to have data retention based on policies.

So, we are looking for what is the best underlying DB for ingesting a lot of data and do queries easily

Developing a solution that collects Telemetry Data from different devices, nearly 1000 devices minimum and maximum 12000. Each device is sending 2 packets in 1 second. This is time-series data, and this data definition and different reports are saved on PostgreSQL. Like Building information, maintenance records, etc. I want to know about the best solution. This data is required for Math and ML to run different algorithms. Also, data is raw without definitions and information stored in PostgreSQL. Initially, I went with TimescaleDB due to PostgreSQL support, but to increase in sites, I started facing many issues with timescale DB in terms of flexibility of storing data.

My major requirement is also the replication of the database for reporting and different purposes. You may also suggest other options other than Druid and Cassandra. But an open source solution is appreciated.

I chose TimescaleDB because to be the backend system of our production monitoring system. We needed to be able to keep track of multiple high cardinality dimensions.

The drawbacks of this decision are our monitoring system is a bit more ad hoc than it used to (New Relic Insights)

We are combining this with Grafana for display and Telegraf for data collection