NETEZZA AND BUSINESS OBJECTS STRENGTHEN STRATEGIC RELATIONSHIP
Growing Joint Customer Footprint and a Shared Vision of Market Opportunities Reinforce Companies’ Commitment to High-Performance, Cost-Effective BI Solutions
Framingham, MA and San Jose — September 18, 2006 — Netezza Corporation today announced the continued strengthening of their partnership with Business Objects (Nasdaq: BOBJ; Euronext Paris ISIN code: FR0004026250 - BOB), the world’s leading provider of business intelligence (BI) solutions. The two companies remain committed to continued product integration and are working closely together to develop focused solutions for the BI and enterprise information management (EIM) markets. The combination of the high-performance Netezza Performance Server® (NPS®) system and Business Objects’ business intelligence platform results in a powerful BI foundation that delivers the full spectrum of BI capabilities, including reporting, analytics, dashboards and data integration.
Netezza and Business Objects are achieving strong success in targeting customers in retail/CPG, financial services, telecommunications and other data-intensive industries. Several leading companies, including CompuCredit Corporation, Debenhams and Epsilon are successfully leveraging the products from both companies to enhance their BI capabilities. The continued focus on enhanced integration between these products will make it even easier for organizations to deploy these solutions together and will allow new customers to quickly accrue greater benefits. “We see tremendous value in leveraging these solutions together,” said Guido Sacchi, Chief Information Officer and SVP, Corporate Strategies at CompuCredit. “The remarkable increase in performance which Netezza offers has resulted in more users benefiting from Business Objects applications and has increased the business value of our system.”
“We are proud to support the Netezza Performance Server Release 3 with
our BusinessObjects™ XI Release 2 platform – including high-speed
bulk loading capabilities using our BusinessObjects Data Integrator solution
for ETL,” said Donald McCormick, vice president, product marketing at
Business Objects. “With its appliance, Netezza has powerful price/performance
and simplicity advantages for data warehousing that challenge traditional assumptions
about the complexity and cost of data analysis. In particular, Netezza’s
recently introduced smaller data warehouse appliances open up the possibility
of an integrated BI solution for the mid-market that can deliver enterprise-level
performance without the complexity or administrative burden usually associated
with large enterprise systems. Business Objects will continue to work closely
with Netezza to bring game-changing BI capabilities to market.”
“As a result of our relationship with Business Objects, our customers
have access to a complete BI solution that empowers them to fully access and
utilize their enterprise data for strategic advantage,” said Jit Saxena,
CEO and co-founder, Netezza Corp. “As market adoption of our appliance
model continues to grow, we look forward to working with Business Objects to
further enhance the performance, value and ease-of-use of BI.”
About Netezza Corporation
Netezza, the global data warehouse appliance market leader, enables enterprises
to make all of their data actionable – quickly, simply and affordably.
The Netezza Performance Server family of products delivers breakthrough performance,
unmatched ease of deployment and operation, and innovative flexibility and scalability
at a fraction of the cost of traditional data warehouse solutions. By architecturally
integrating database, server and storage within a single appliance, the NPS
system delivers 10 to 100 times the performance at half the cost of existing
systems. 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.
About Business Objects
Business Objects is the world’s leading business intelligence (BI) software
company, with more than 39,000 customers worldwide, including over 80 percent
of the Fortune 500. Business Objects helps organizations of all sizes create
a trusted foundation for decision making, gain better insight into their business,
and optimize performance. The company’s innovative business intelligence
suite, BusinessObjects™ XI, offers the BI industry’s most advanced
and complete solution for performance management, planning, reporting, query
and analysis, and enterprise information management. BusinessObjects XI includes
the award-winning Crystal line of reporting and data visualization software.
Business Objects has also built the industry’s strongest and most diverse
partner community, and offers consulting and education services to help customers
effectively deploy their business intelligence projects.
Business Objects has dual headquarters in San Jose, Calif., and Paris, France. The company’s stock is traded on both the Nasdaq (BOBJ) and Euronext Paris (ISIN: FR0004026250 - BOB) stock exchanges. More information about Business Objects can be found at www.businessobjects.com.
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