nextanalytics Corp.

nextanalytics Corp.

October 07, 2008 09:07 ET

Nextanalytics Announces Version 4.0 of its Powerful "Bolt-on" Analytics for Software Vendors and Solution Providers

OTTAWA, ONTARIO--(Marketwire - Oct. 7, 2008) - Nextanalytics today announced the release of Version 4.0 of its "bolt-on" embeddable analytic engine, especially suited to software vendors and solution providers who seek analytic data processing and dashboards for their products and solutions at minimal cost and fast time to market.

At under one megabyte total download, Version 4.0 continues to lead in small footprint embedded analytics. Despite its small size, an impressive range of analytic data processing is available to support most needs for superior charting and dashboards and performance scorecards.

Because Version 4.0 is compact and highly focused, it is easy to learn and implement. Adding analytics to a product line takes a few weeks, a sharp contrast to custom development or using BI vendor product stacks which take much longer, cost much more to purchase, implement, and maintain, and produce an inferior result.

Internally, nextanalytics delivers speed and scalability through innovative in-memory column-oriented data processing and proprietary disk caching. Many analytic functions can be blended with a unique iterative sequential user-controlled programming approach.

"Nextanalytics v.4.0 changes the dynamics of the analytical game. The solution provides users with a great tool to process and view queried data volumes in a wide variety of customizable and useful ways. Coupled with a fast, analytical database engine, users get a level of business analytics and insight previously unheard of. Nextanalytics is quickly proving to be a disruptive force for good in the BI space," said Roger Llewellyn, CEO and President, Kognitio.

The true potential for business customers begins with combined use nextanalyticsOS Open Source and a commercial proprietary analytic engine as an extension. This combination allows customers to exceed the limited value of displaying query results, and free themselves of constantly tuning queries and reporting databases for their customers. This is for those who seek analyzed data for dashboards that were easily built, supported commercially, at a minimal cost of deployment.

"I find that your product offers a refreshing approach to providing real-world business analytics. I can see how it would help a lot of SMBs out there struggling to derive useful information from their data. It's very clear to me that most SMBs do not have the time, resources and skills required to design and maintain a data warehouse, cubes, and ETL routines, and then somehow figure out how to create useful reports with MDX for example," said NVG, United Kingdom.

About Nextanalytics

Nextanalytics has been in operation since 2003, founded by Ward Yaternick a true industry veteran having held senior development roles since 1991 at IBM Cognos, http://www.olapatwork.com/ and then SAP Business Objects. Version 4.0 is available today in both Java and .NET. Open Source is available at CodePlex.

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