Company Acknowledged for Delivering Affordable Customer Intelligence
Framingham, Mass.—March 28, 2005—Netezza Corporation today announced that CMP Media LLC’s Intelligent Enterprise selected it as a Company to Watch in 2005 because it provides organizations with affordable customer intelligence. Netezza’s selection further validates the Company’s momentum in the data warehousing industry as its market-leading Netezza Performance Server® (NPS®) data warehouse appliance continues to be deployed by leading organizations across the globe.
CMP Media LLC’s Intelligent Enterprise’s seventh annual Editors’ Choice Awards spotlight companies that provide exceptional vision, technology innovation and customer leadership in attaining the objectives of the intelligent enterprise. According to Editor-in-Chief David Stodder, “offering an ‘appliance’ that bundles advanced database, storage and server technology, Netezza creates affordable customer intelligence.”
“We are pleased to be recognized by the editors of CMP Media LLC’s Intelligent Enterprise as a Company to Watch,” said Jit Saxena, CEO and co-founder, Netezza Corporation. “To be acknowledged in the Customer Intelligence category is important because it substantiates the business value the NPS system provides to organizations that leverage customer data to make informed business decisions.”
The Netezza Performance Server system is the market-leading data warehouse
appliance, built specifically to analyze terabytes of detailed data 10 to 50
times faster than existing data warehouse options, at half the cost. 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 performance benefits of Netezza’s approach include
Ahold USA, Amazon.com, Cingular Wireless, CNET Networks, Epsilon, Orange UK,
Premier, Inc., Shoppers Drug Mart Corporation and The TJX Companies.
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. Founded in 2000 and based in Framingham, Mass., the
Company has raised more than $68M from leading venture capital firms, including
Matrix Partners, Charles River Ventures, Battery Ventures, Orange Ventures,
Sequoia Capital and Meritech Capital Partners. For more information about Netezza,
please visit www.netezza.com.
# # #