Netezza’s Unmatched Performance Enables Top Provider
of Revenue Management Solutions to
Detect Leakage in Near Real-Time for Global Telecommunications Carriers
Framingham, Mass.—October 28, 2002—Netezza Corporation today announced that Vibrant Solutions, the leading provider of Cost and Revenue Management solutions, has purchased the Netezza Performance Server™ (NPS™) 8100—the world’s first purpose-built, tera-scale data appliance for Fortune 1000 companies and other data-intensive organizations that need faster, more sophisticated Business Intelligence (BI).
Vibrant is the worldwide leader in Cost and Revenue Management for telecommunications providers. Its software and services increase efficiencies, optimize networks and reduce costs for telecommunications providers, helping them save millions annually. Vibrant is using the Netezza system in its own organization and is leveraging its unique price/performance benefits to enable a whole new generation of assurance solutions that weren’t previously possible with an older, inefficient and expensive patchwork of database, server and storage technologies. Vibrant’s latest solution—Network Usage Assurance (NUA)— was recently recognized at Telestrategies’ Revenue Assurance and Margin Management as the industry’s first service provider offering to detect billing event leakage and discrepancies.
“Today’s telecommunications companies are moving full-steam ahead with Cost and Revenue Management projects that are worth millions of dollars to the bottom line. Unfortunately, shrinking budgets, an explosion in data and very little time to capitalize on this information can hinder these efforts,” said Rick Mahuson, CTO of Vibrant Solutions. “Netezza removed the price/performance bottleneck, making it possible to reduce the analysis of billions of call detail records from more than 36 hours to just 26 minutes, without a multi-million-dollar, forklift upgrade to our systems. Our customers will be able to do things they couldn’t do before, making it fast and affordable to revisit data warehousing initiatives and implement a new generation of more effective cost and revenue assurance operations.”
The NPS appliance delivers 10 to 20 times the performance for large, complex and constantly growing BI efforts at half the cost of existing systems. Netezza started with a clean sheet of paper and designed a breakthrough architecture, Asymmetric Massively Parallel Processing™ (AMPP™). It combines servers, storage and database into a single powerful and scalable appliance created from the outset to process queries faster—and enable complex data analysis that was not previously possible because of large and fast-growing data sizes. This new architecture shatters traditional performance benchmarks and many of the technical roadblocks that paralyze today’s patchwork of general-purpose offerings.
“The explosion in data has dramatically changed the technical and business needs of dozens of industries, particularly telecommunications companies and their providers,” said Jit Saxena, co-founder and CEO of Netezza Corp. “Vibrant is at the forefront of helping telecommunications companies maximize their revenue opportunities—and we’re pleased that the Netezza solution is fueling a new generation of previously impossible business initiatives that deliver even more revenue opportunities for carriers.”
To view widespread praise of the NPS appliance from industry experts, partners and early customers, click here.
About Netezza Corporation
Netezza has created the world’s first purpose-built, tera-scale data appliance
that enables real-time Business Intelligence (BI). The NPS appliance runs ad
hoc and complex queries in a fraction of the time of existing solutions, delivering
fast and affordable BI to data-intensive organizations in financial services,
retail, communications and other markets. Based on a patent-pending architecture,
the NPS system delivers faster, more sophisticated analysis while allowing companies
to leverage their existing infrastructure. Founded in 2000 and based in Framingham,
Mass., Netezza is led by an experienced management team from several leading
technology companies. The Company is financed by Matrix Partners, Charles River
Ventures and Battery Ventures. Please visit Netezza on the Web at www.netezza.com
or call Netezza toll free at 1.866.Netezza.
About Vibrant Solutions
Vibrant Solutions is the recognized worldwide leader in providing Cost and Revenue
Management solutions for service providers. The company has repeatedly been
first to market with best-of-class solutions that enable wireline, wireless
and content providers to reduce network costs and increase revenue. Through
the utilization of its world class software and professional services, Vibrant
Solutions’ proven results include over $1.3 billion in cost savings and
increased revenue generated for its customers. Privately held, the company is
backed by Bessemer Venture Partners, Columbia Capital and Grotech Capital Group.
Vibrant Solutions is headquartered in Fairfax, VA and has offices worldwide
including Rochester, NY; St. Louis, MO; Dallas, TX; Denver, CO; Toronto, Ontario;
and London, England. For more information on Vibrant Solutions, please visit
www.vibrantsolutions.com.
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Netezza, the Netezza logo, NPS, Performance Server, Netezza Performance
Server, Intelligent Query Streaming, Asymmetric Massively Parallel Processing
and AMPP 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.