NETEZZA CONTINUES TO EXPERIENCE GROWTH ACROSS VERTICAL MARKETS AND GEOGRAPHIES
Large, Brand-name Companies Worldwide Continue to Choose the Power and Simplicity of the Netezza Data Warehouse Appliance
Framingham, Mass. — February 28, 2007 — Netezza Corporation, a leading provider of data warehouse appliances, today announced continued worldwide growth for its Netezza Performance Server® (NPS®) system during fiscal 2007.
Leading companies across financial services, marketing, retail, e-business and telecom markets have leveraged Netezza’s data warehouse appliances to drive a new generation of data-intensive analytics not possible under the constraints of old, complex and expensive data warehouse systems. New companies joining the Netezza community in fiscal 2007 include Blue Cross & Blue Shield of Massachusetts, Center Parcs, Fair Isaac, KB Toys, Pacific Sunwear, Sherwin-Williams and Virgin Media (formerly NTL: Telewest).
“Companies worldwide continue to embrace the simplicity, high performance and low cost of our data warehouse appliances to power analyses on terabytes of detailed data, transforming the way they do business,” said Jit Saxena, CEO and co-founder of Netezza. “We thank our valued customers and partners for embracing Netezza’s approach and driving the data warehouse appliance market forward.”
A large number of existing customers are also expanding their commitment to Netezza with additional deployments. Companies purchasing additional NPS systems in fiscal 2007 include Orange UK, Epsilon, Ross Stores and The Carphone Warehouse.
"Database marketing is essential to providing the customer insight that marketers need to support their overall strategies," said Epsilon COO Bryan Kennedy. "Netezza's offering helps us optimize data storage and querying speeds so that our team can work with leading brands to turn data into insights that drive success across the enterprise."
“Since Netezza launched the first data warehouse appliance in 2002, we have watched the company, and the data warehouse appliance category in general, grow with strong momentum," said Richard Winter, president of WinterCorp, an independent consulting firm specializing in large scale data management. "Not only is Netezza’s customer base expanding rapidly, but so too are the databases being deployed on its systems, indicating that data warehouse appliances are gaining a foothold in larger scale data warehouse applications.”
The Netezza Performance Server system is built specifically to analyze terabytes of detailed data significantly faster than existing data warehouse options, at a much lower total cost of ownership. 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, Neiman Marcus, Orange UK, Premier, Inc., Ryder System, Inc., Shoppers Drug Mart Corporation and The Carphone Warehouse.
About Netezza Corporation
Netezza is a leading provider of data warehouse appliances. The Netezza Performance
Server data warehouse appliance integrates database, server and storage platforms
in a purpose-built system to perform detailed queries and analyses on large
volumes of stored data. Recognizing the limitations of traditional data warehouse
solutions, Netezza designed its NPS family of data warehouse appliances specifically
for analysis of terabytes of data at higher performance levels, a lower total
cost of ownership and with greater ease of use than can be achieved via traditional
solutions. 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.
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