Business Services Industry
Netezza Positioned in Visionary Quadrant in 2006 Data Warehouse Database Management Systems Magic Quadrant; Data Warehouse Appliance Vendor Also Positioned in Data Warehouse DBMS Server Magic Quadrant
Business Wire, Sept 15, 2006
FRAMINGHAM, Mass. -- Netezza, the global data warehouse appliance leader, today announced it has been positioned by Gartner, Inc. in the Visionary quadrant in the Magic Quadrant for Data Warehouse Database Management Systems, 2006 report(1). In addition, Netezza announced its positioning in the Gartner Magic Quadrant for Data Warehouse DBMS Servers, 2006 report(2). These reports follow the July 2006 Gartner "Hype Cycle for Data Management," which projected data warehouse appliances to achieve mainstream market adoption within two to five years(3).
The Gartner Magic Quadrant positions a company based on its vision and ability to execute and is a graphical representation of a marketplace at and for a specific time period. According to Gartner, "Visionaries have a clear vision of market direction and are focused on preparing for that, but they still can improve in terms of optimizing service delivery." In the 2006 Data Warehouse Database Management Systems Magic Quadrant report, Gartner states, "Although this is a mature market with the full attention of large vendors seeking to make inroads with scale and innovation, smaller entrants often deliver a more focused, innovative solution."
"We believe Gartner's positioning of Netezza in the visionaries quadrant is confirmation of the tremendous momentum we have been experiencing in the market and the truly disruptive impact of our data warehouse appliances," said Jit Saxena, CEO and co-founder of Netezza. "With more than 70 customers around the world and a growing list of partners, integrators and resellers, we are confident that we will continue to demonstrate our ability to deliver data warehouse appliances that are faster, easier to use and more cost-effective than any other data warehouse solution on the market."
The Netezza Performance Server(R) (NPS(R)) system is the market-leading data warehouse appliance built specifically to analyze terabytes of detailed data 10 to 100 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 benefits of Netezza's approach include Ahold, Amazon.com, Cingular Wireless, CNET Networks, Debenhams, Epsilon, Orange UK, Premier, Inc., Ryder, Shoppers Drug Mart Corporation, The Carphone Warehouse and The TJX Companies.
About the Magic Quadrant
The Magic Quadrants are copyrighted 2006 by Gartner, Inc. and is reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the "Leaders" quadrant.
The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
About Netezza Corporation
Netezza, the global data warehouse appliance market leader, enables enterprises to make all of their data actionable - quickly, simply and affordably. The Netezza Performance Server (NPS) family of products delivers breakthrough performance, unmatched ease of deployment and operation, and innovative flexibility and scalability at a fraction of the cost of traditional data warehouse solutions. By architecturally integrating database, server and storage within a single appliance, the NPS system delivers 10 to 100 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, Sequoia Capital and Meritech Capital Partners. For more information about Netezza, please visit www.netezza.com.
(1) Publication Date: 12 September 2006/ID Number: G00138797
(2) Publication Date: 25 August 2006/ID Number: G00141428
(3) Gartner, "Hype Cycle for Data Management, 2006," Ted Friedman, et al. July 2006.
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