Business Services Industry
Restoration Hardware Deploys Retail Business Intelligence Solution from Netezza and QuantiSense; Integrated Solution Brings a Single Business View to Multi-Channel Retailer in Less Than 100 Days
Business Wire, Jan 16, 2006
NEW YORK -- Netezza Corporation, the data warehouse appliance market leader, and its partner QuantiSense today announced the successful 100-day deployment of their integrated retail business intelligence (BI) solution at Restoration Hardware. The solution combines the Netezza Performance Server(R) (NPS(R)) system and the QuantiSense BI software suite. By deploying this solution, Restoration Hardware, a multi-channel retailer, has achieved a single view of critical business information down to a very granular level. Although still in the early stages of implementation, the integrated Netezza/QuantiSense solution has enabled Restoration Hardware to gain in-depth insight into its business through comprehensive analysis of merchandise, inventory and sales data.
Restoration Hardware is a provider of high-quality textiles, furniture, lighting, bathware, hardware and decorative accessories. With thousands of stock keeping units (SKUs) across multiple channels and a growing business, the retailer required a business intelligence system that would quickly return results. The NPS data warehouse appliance and QuantiSense enable Restoration Hardware to view merchandise information from retail, catalog, e-Store and outlet channels by simplifying and consolidating data into a central repository. As a result, the retailer can now query data such as sales, inventory, merchandise hierarchy and geography to make informed business decisions.
"The combination of QuantiSense's integrated multi-channel retail BI solution running on Netezza's powerful platform puts very detailed information at our fingertips and, in the short time we've been using this system, we're seeing benefits from the improved business intelligence," said Jeff Turner, chief information officer, Restoration Hardware. "The Netezza/QuantiSense solution delivered on the promise that it would be implemented and delivering results in less than 100 days."
Netezza and QuantiSense partnered in 2005 to provide retailers with an industry-specific business intelligence appliance that enables comprehensive retail analysis against a terabyte-sized data warehouse. QuantiSense's retail BI application offers easily-deployed yet sophisticated data modeling and an array of quickly configured dashboards, reports, metrics, agents and workflow options. The application also provides data extraction services that join a variety of data sources, providing an accurate and thorough picture of the entire retail operation. With the Netezza Performance Server system underneath, reports and queries come back with blinding speed.
"Retailers like Restoration Hardware, Ahold USA and Amazon.com fully understand the value that quickly and comprehensively analyzing merchandise, sales and inventory data brings to their business," said Andy Winans, vice president, retail and CPG, Netezza Corp. "Netezza, along with our partner QuantiSense, provides retailers with a complete view of their business via a solution that can be deployed quickly and at a lower cost."
"Our relationship with Netezza allows us to provide an infrastructure designed to deliver extraordinary performance for retailers who are building competitive advantage with business intelligence," said Jeff Buck, CEO of QuantiSense.
The Netezza Performance Server system is the market-leading data warehouse appliance, built specifically to analyze terabytes of detailed data 10 to 50 times faster than existing data warehouse options, at half the cost. The NPS system stores, filters and processes terabytes of records within a single unit, analyzing only the relevant information for each query. Netezza has placed the CPU power next to the data, allowing the NPS system to speed through processes that would occupy most data warehouse systems for hours, or even days, thereby enabling dramatic increases in productivity across the organization. Customers who have recognized the performance benefits of Netezza's approach include Ahold USA, Amazon.com, American Red Cross, Bank of America, Catalina Marketing, Cingular Wireless, CNET Networks, Epsilon, Neiman Marcus, Orange UK, Premier, Inc., Shoppers Drug Mart Corporation, The Carphone Warehouse and The TJX Companies.
About QuantiSense
Founded in 2001, QuantiSense delivers business intelligence and data warehousing applications specifically for retail organizations. Utilizing pre-built data loading components that integrate quickly with any other systems, QuantiSense provides retail businesses with packaged analytics built on the MicroStrategy business intelligence platform for Merchandising, Marketing, Finance, and Store Operations. The result is a comprehensive technology solution that provides retailers with the actionable information necessary to make effective decisions and improve bottom line business results. For more information about QuantiSense, please visit www.quantisense.com.
About Netezza Corporation
Netezza is the market-leading provider of enterprise-class data warehouse appliances that deliver breakthrough performance and ease-of-use at a fraction of the cost of traditional data warehouses. The Netezza Performance Server system enables Fortune 1000 customers with terabytes of dynamic, detailed data to dramatically simplify even the most complex Business Intelligence (BI) initiatives. By architecturally integrating database, server and storage within a single appliance, the NPS system delivers 10 to 50 times the performance at half the cost of existing systems. Based in Framingham, Mass., Netezza has offices in Washington, DC, the United Kingdom and Asia Pacific. The Company is backed by leading venture capital firms, including Matrix Partners, Charles River Ventures, Battery Ventures, Orange Ventures, Sequoia Capital and Meritech Capital Partners. For more information about Netezza, please visit www.netezza.com.
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