Framingham, Mass.—January 12, 2004—Netezza Corporation today announced that The TJX Companies, Inc. (NYSE: TJX), the leading off-price retailer of apparel and home fashions in the U.S. and worldwide, has chosen the Netezza Performance Server™ (NPS™) data warehouse appliance as part of its data warehouse solution.
The TJX Companies, with $12 billion in revenues and over 94,000 associates worldwide, includes T.J. Maxx and Marshalls, the two largest off-price retailers in the United States. TJX turned to Netezza to overcome the storage and processing capabilities of traditional solutions, and to find a cost-effective way to handle the large amounts of data generated by the company’s steady growth.
The enterprise-class, breakthrough NPS appliance promises to enable TJX to efficiently store and access terabytes of data. At TJX, the NPS appliance demonstrated exceptional performance improvement for large, complex queries in data warehouse and data mart repositories.
“Netezza will make it possible for TJX to process and analyze extraordinary volumes of data,” said Jit Saxena, co-founder and CEO of Netezza Corp. “Netezza’s groundbreaking architecture provides both unparalleled performance and the lowest cost of ownership. Retail leaders who choose Netezza can have faster access to the relevant information they need to make crucial business decisions related to inventory and customer service.”
About The TJX Companies
The TJX Companies, Inc. is the leading off-price retailer of apparel and home
fashions in the U.S. and worldwide. The Company operates 749 T.J. Maxx, 674
Marshalls, 182 HomeGoods and 99 A.J. Wright stores in the United States. In
Canada, the Company operates 160 Winners and 25 HomeSense stores, and in Europe,
147 T.K. Maxx stores. TJX's press releases and financial information are also
available on the Internet at www.tjx.com.
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 event he 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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Netezza, the Netezza logo, NPS, Netezza Performance Server, Intelligent Query Streaming, Asymmetric Massively Parallel Processing, AMPP and SQL-BLAST are trademarks or registered trademarks of Netezza Corporation in the U.S. and/or other countries. All rights reserved. All other company, brand and product names contained herein may be trademarks or registered trademarks of their respective holders.