NETEZZA FEDERAL DIVISION RECORDS SIGNIFICANT GROWTH WITH ADDITION OF NEW CUSTOMERS
Department of Veterans Affairs and the United States Navy Join Other Government Agencies in Choosing the Netezza Data Warehouse Appliance
Boston — Netezza User Conference — September 19, 2006 — Netezza, the global data warehouse appliance market leader, today announced the addition of three new customers, including the Department of Veterans Affairs and the United States Navy, to its growing portfolio of Federal government agencies choosing the Netezza data warehouse appliance. Government agencies are leveraging the Netezza Performance Server® (NPS®) system to overcome the performance and time-to-mission limitations and the high cost of current data warehousing options.
The Department of Veterans Affairs Office of the Inspector General (OIG) is responsible for ensuring Veterans Affairs’ programs and operations are efficiently and effectively managed, and prevent and detect criminal activity, waste, abuse and mismanagement. Fraud detection, prevention and prosecution are critical elements in the monitoring of billions of dollars spent each year for monetary benefits and healthcare of veterans.
The Netezza system will reduce from weeks to hours the time it takes to run analyses that help pinpoint criminal activity for OIG. The flexibility and time savings that the Netezza system offers will have significant positive impact when accessing information that requires immediate attention and impacts the safety and well-being of the nation’s veterans. The Netezza data warehouse appliance will also simplify the OIG’s analytic operations, delivering results much faster and significantly reducing its operating costs.
“Government agencies face the same challenge that exists in the private sector - analyzing fast-growing volumes of mission-critical data quickly to arm their people with the information they need to make rapid, informed decisions,” said Steve Williams, vice president and general manager of Netezza’s Federal Division. “As our Federal customer base continues to grow, we look forward to helping government agencies more effectively manage and analyze exploding volumes of data at a cost that meets their tight budgetary restrictions for data-intensive initiatives.”
The Netezza Performance Server system is the market-leading data warehouse appliance built specifically to analyze terabytes of detailed data 10 to 100 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 benefits of Netezza’s approach include Ahold, Amazon.com, Cingular Wireless, CNET Networks, Debenhams, Epsilon, Orange UK, Premier, Inc., Ryder Systems, Inc., Shoppers Drug Mart Corporation, The Carphone Warehouse and The TJX Companies.
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.
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