Business Services Industry
Netezza Charts Course for the Future of Business Analytics
Business Wire, Sept 25, 2007
Data Warehouse Appliance Pioneer and Market Leader Redefines and Broadens Appliance Role; Netezza Analytic Appliances Enable Users Across the Extended Enterprise to Leverage the Power of Business Analytics
BOSTON -- Netezza Corporation (NYSE Arca: NZ), the global analytic appliance market leader, today unveiled a vision for the future of analytics for organizations of any size and analytic requirements that leverage information for real-time decision making. Netezza's vision, built on the Company's high-performance, streaming analytic[TM] appliance architecture, brings appliance simplicity to a broad range of complex data warehouse and analytic challenges and gives data-intensive organizations the ability to leverage business analytics across the extended enterprise.
Netezza redefined the data warehouse industry in 2002 by introducing the performance, value and simplicity of appliances that enabled organizations to analyze terabytes of data 10 to 100 times faster than they could before, simply and affordably. Today, over 100 market-leading organizations in retail, healthcare, financial services, e-commerce, telecommunications and government rely on the Netezza Performance Server[R] (NPS[R]) family of appliances to more effectively run their businesses.
As the business landscape continues to evolve, organizations are now in need of more advanced analytics to understand not only past trends but also future patterns to predict what's going to happen next, before it happens, so they can take action. This requires immediate access to terabytes of information by thousands of users across the enterprise - from power users doing advanced, deep analytics, to business users running a broad range of operational analytics, to those distributed physically or functionally at the "edges" of the organization. Netezza's streaming architecture and appliance approach provide a unique combination of high performance, simplicity and affordability to make this possible, resulting in a much broader, more distributed way in which the NPS systems will be deployed.
"In order to be competitive today, businesses need to do more than collect and analyze large amounts of data in one monolithic system," said Jim Baum, president and COO of Netezza. "Companies must 'compete on analytics' through better, deeper insights into their customer and operational data. Netezza's vision is that users across the extended enterprise should be able to leverage the power of high-performance business analytics anytime, anywhere to transform the way organizations use information for competitive advantage."
Netezza's appliance innovation was to place processing power right at the source, next to the data, so it could be processed "on stream" - at streaming speeds with minimal data movement. Now, Netezza carries this innovation to the next step: bringing analytic functions to the data, by embedding them within its intelligent processing nodes so they can run at streaming speeds. Through this ongoing innovation, and working with partners worldwide in analytic development, Netezza is opening the door to a new generation of advanced analytics, including ones that were not previously possible.
About Netezza Corporation
Netezza (NYSE Arca: NZ) is the global leader in analytic appliances that dramatically simplify high-performance analytics for business users across the extended enterprise, delivering significant competitive and operational advantage in today's information-intensive marketplaces. The Netezza Performance Server[R] (NPS[R]) family of streaming analytic[TM] appliances brings appliance simplicity to a broad range of complex data warehouse and analytic challenges. Customers who are realizing the benefits of Netezza's appliance approach include Ahold, Amazon.com, CNET Networks, Debenhams, Department of Veterans Affairs, Epsilon, Neiman Marcus, Orange UK, Premier, Inc., Ross Stores, Ryder System, Inc., The Carphone Warehouse and Virgin Media. Based in Framingham, Mass., Netezza has offices in Washington, DC, the United Kingdom and Asia Pacific. For more information about Netezza, please visit www.netezza.com.
Netezza Performance Server, NPS and streaming analytic are trademarks of Netezza Corporation. Other names may be trademarks of their respective owners.
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