SOURCE: Zoomdata

September 26, 2016 09:00 ET

Zoomdata and Cloudera Deliver Fastest Big Data Analytics for 360 Degree Customer Insight

New Joint Offering Customer Insights Solution Saves Leading UK Insurer More Than $7 Million in Fraud and Cuts Churn Rate in Half

NEW YORK, NY--(Marketwired - Sep 26, 2016) - Strata+Hadoop World -- Zoomdata, developers of the world's fastest visual analytics platform for big data, today announced a partnership to deliver a Customer Insights Solution with Cloudera, the global provider of the fastest, easiest, and most secure data management and analytics platform built on Apache Hadoop and the latest open source technologies. The Customer Insights Solution combines the visual analytics of Zoomdata with the power of Cloudera Enterprise as an Analytic Database to provide an optimally configured and high performance solution for businesses to better understand the needs of even the largest customer bases.

Markerstudy, a fast-growing provider of specialized auto insurance in the U.K., sells through thousands of agents and brokers, who request tens of millions of customized price quotes daily. The quotes must be customized because of widely diverse risk factors, demographics, and coverage needs. Using the customized combination of Cloudera and Zoomdata, the company quickly deployed a system to more effectively analyze customer buying behavior.

"We can now analyze billions of quote transactions in seconds -- instead of processing only a small subset over a seven-hour period," said Nick Turner, enterprise data architect, Markerstudy. "The time savings lets us respond almost instantly to quote requests, resulting in greater sales and enhanced service to both customers and agents. We've also reduced claims costs by £5-million (USD$7.1-million) thanks to enhanced fraud detection. And because we better understand our customers and can provide instant, accurate pricing, customer cancellation rates have been cut in half."

"Most companies aspire to have a 360º view of their customers, but fail," said Nick Halsey, chief marketing officer of Zoomdata. "Now with Zoomdata and Cloudera every company has the opportunity, with the Customer Insights Solution, to achieve significant business benefits. And partners can quickly customize this solution for their clients."

"With the extensibility and programmability of Zoomdata, we can customize the Customer Insight Solution to meet the specific needs of each client," said Chandra Ambadipudi, founder and chief executive officer at Clairvoyant LLC, a leading technology consulting and services company with presence in North America and Asia. "The more our clients know about their customers, the better they can serve them."

The Customer Insights Solution is available now, and will be showcased at Strata+Hadoop World, New York City at 6:00pm, Tuesday, September 27 at the Cloudera booth #721. Visitors can also see the solution throughout the show at the Zoomdata booth #332. Visit Zoomdata Customer Insights to learn more.

Zoomdata is an open platform that provides visual analytics solutions for big data. Natively architected for both cloud and on-premises deployments, its microservices architecture delivers visual analysis of big datasets in seconds. Zoomdata's patented Data Sharpening™ technology delivers the industry's fastest visual analytics for real-time streaming and historical data. Zoomdata's streaming architecture makes this possible by using Apache Spark as a complementary high performance engine. Zoomdata Fusion enables users to perform analytics across disparate data sources in a single view -- without the need to move or transform data.

About Zoomdata, Inc.
Zoomdata, with five granted patents and one pending, develops the world's fastest visual analytics solution for big data. Using data sharpening and micro-query technologies, Zoomdata empowers business users to visually consume data in seconds, even across billions of rows of data. Zoomdata Fusion enables interactive analytics across disparate data sources, bridging modern and legacy data architectures, blending real-time streams and historical data, and unifying enterprise data with data in the cloud. Delivered in a microservices architecture for elastic scalability, Zoomdata runs on premises, in the cloud or embedded in an application. With offices in Chicago, IL, New York, NY, Redwood City, CA and Reston, VA, Zoomdata is venture-backed by Accel, Columbus Nova Technology Partners, Comcast Ventures, Goldman Sachs, In-Q-Tel, NEA and Razor's Edge.

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    Lonn Johnston for Zoomdata
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