Breakthrough Data Warehouse Appliance Enables Leading Canadian Retail Drug Marketplace to Strengthen Customer Loyalty Programs and Provide Improved Health Care Options
Framingham, Mass.—May 17, 2004—Netezza Corporation today announced that Shoppers Drug Mart Corporation (TSX: SC), the leader in Canada’s retail drugstore marketplace, has chosen the Netezza Performance Server™ (NPS™) system to anchor its data warehousing initiative. Shoppers Drug Mart will rely on the NPS system for faster, deeper analysis of information related to its customer loyalty program, financial applications and pharmaceutical data repository.
“Netezza’s dramatic improvement in querying and reporting performance means we can make accurate, actionable data available to end users faster than ever before,” said Joe Cira, vice president of production services at Shoppers Drug Mart. “Netezza’s unique integration of database, server and storage into a single appliance enables us to reduce the time it takes to analyze data from days or hours to minutes or seconds. In addition to this unprecedented performance, the NPS system is extremely easy to administer and comes at a fraction of the cost of traditional data warehouses.”
Shoppers Drug Mart, with sales of over $6 billion, through its associate system, operates more than 875 retail drug stores and is the largest Canadian retailer of health care products and services. Shoppers Drug Mart will use the NPS system to support its customer loyalty program, its financial analytics programs and the HealthWatch data repository. HealthWatch maintains medication profiles of individual patients and generates alerts and warnings for possible allergies or drug interactions when a prescription is filled. Data powered by Netezza will give Shoppers HealthWatch pharmacists the most timely, detailed information possible as they work with other health care professionals to provide patients with first-rate health care services.
“Netezza makes it possible for companies like Shoppers Drug Mart to cost-effectively use data to provide customers with the very best health care options possible,” said Jit Saxena, co-founder and CEO of Netezza Corp. “Conventional approaches to managing data simply can’t keep pace with the NPS appliance. Netezza gives Shoppers Drug Mart pharmacists the opportunity to leverage Business Intelligence applications that couldn’t run on traditional set ups, providing deeper insight into customer and market trends and helping Shoppers Drug Mart maintain its position as Canada’s premier retail drug store company.”
Since its introduction last year, the Netezza Performance Server data warehouse appliance has been deployed by leading companies in retail, telecommunications, the life sciences and other industries to power their business intelligence efforts. Worldwide customers include The TJX Companies, AT&T Wireless, Premier, Inc., Orange UK, Caudwell Communications and Epsilon.
About Shoppers Drug Mart
Shoppers Drug Mart Corporation is one of the most recognized and trusted names
in Canadian retailing. The Company is the licensor of full-service retail drug
stores operating under the name Shoppers Drug Mart. With more than 875 Shoppers
Drug Mart and Pharmaprix stores operating in prime locations in each province
and two territories, the Company is one of the most convenient retailers in
Canada. The Company also owns and operates 48 Shoppers Home Health Care stores,
making it the largest Canadian retailer of home health care products and services.
About Netezza Corporation
Netezza is a fast-growing 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™ (NPS™)
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. The NPS appliance is being used by data-intensive
organizations in telecommunications, financial services, retail, the life sciences,
government and other markets to enable faster, more sophisticated analysis while
allowing companies to leverage their existing infrastructure. Founded in 2000
and based in Framingham, Mass., the Company has raised more than $53M from leading
venture capital firms, including Matrix Partners, Charles River Ventures, Battery
Ventures, Orange Ventures and Sequoia Capital.
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