CrateDB is a distributed SQL database that combines the familiarity of SQL with the scalability and flexibility of NoSQL. It offers features like simple scalability through automatic data rebalancing, transactional capabilities, real-time data ingestion with millisecond query performance, and time series analysis through automatic table partitioning. CrateDB can be run anywhere, connected to from various languages and applications, and extended through plugins. It is well-suited for IoT applications involving millions of data points per second with real-time queries.