Netezza Corporation

Netezza Corporation

May 24, 2005 08:00 ET

Netezza and QuantiSense Partner to Power Business Intelligence for Specialty Retailers; Joint Solution Will Cut Implementation Times in Half, Reduce Costs by Two-Thirds

CHICAGO--(CCNMatthews - May 24, 2005) -

In a move that will create a complete data warehouse solution for the specialty retail market, Netezza Corporation today announced that it has formed a partnership with retail software provider QuantiSense. Through the partnership, Netezza will combine its data warehouse appliance, the Netezza Performance Server® (NPS®) system, with QuantiSense's QS-Retail software package to provide full-scale Business Intelligence (BI) to specialty store organizations. The joint solution will enable customers to thoroughly measure the performance of their complex businesses and uncover actionable information to improve operations.

The partnership allows retailers of all sizes to utilize a complete, low-cost data warehousing solution, which can handle data sizes ranging from hundreds of gigabytes to tens of terabytes. The joint solution includes comprehensive data modeling, extract/transform/load (ETL), retail analytics and best practices for retail business intelligence consulting. Additionally, the Netezza/QuantiSense solution requires minimal ongoing support and can be fully operational in half the time it would take to implement systems from IBM, Oracle and Teradata. For example, a one terabyte implementation of the joint solution can be up and running in about 100 days for approximately $750,000 - a significant time and cost savings over other product offerings on the market.

"This partnership provides a complete BI solution with unprecedented power and flexibility," said Andy Winans, vice president of Retail & CPG at Netezza. "QuantiSense's comprehensive data model, data extraction capabilities and full analytics coupled with the speed, flexibility and low cost of the NPS system provide a breakthrough in data warehousing. Netezza and QuantiSense have effectively torn down the time and cost barriers to Business Intelligence, creating a comprehensive solution from 'silicon to dashboard."

The solution's advantages result from using an appliance-based model rather than more traditional data warehousing architectures. The NPS system, which is being used by leading retailers including Ahold USA, Amazon.com, Shoppers Drug Mart Corporation and The TJX Companies, delivers breakthrough price/performance because it stores, filters and processes terabytes of records within a single unit, while also leveraging commodity hardware and open source technologies. In addition, the flexibility of the NPS system requires minimal database and system administration and frees users from the need to build aggregates or create indexes.

QuantiSense's QS-Retail 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. QuantiSense's pre-sales discovery process is also among the best in the industry.

"Comprehensive access to actionable BI information is crucial for retailers to make decisions about merchandising, inventory management and store operations," said Jeff Buck, co-founder of QuantiSense. "Our partnership with Netezza means that a complete BI solution is now within reach for almost any corporate retailer - at a cost and implementation speed never before possible."

About QuantiSense

Founded in 2001, QuantiSense builds 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.

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. Founded in 2000 and based in Framingham, Mass., Netezza has offices in Washington, DC, the United Kingdom and Asia Pacific. The Company has raised more than $68M from 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 http://www.netezza.com.

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