Netezza Launches Retail & Consumer Packaged Goods Division
CHICAGO — Netezza Corporation today announced it has established a focused Retail & Consumer Packaged Goods (CPG) Division to serve this fast growing market segment. The dedicated unit comes in response to the growing number of leading retail organizations, such as Ahold USA, Amazon.com, Shoppers Drug Mart, The TJX Companies and others, that have selected the high-performance, low-cost Netezza Performance Server(R) (NPS(R)) system to meet their enterprise data warehousing needs.
According to AMR Research, Business Intelligence (BI) needs and demand forecasting have been designated as the two most important technology infrastructure investments for retailers in 2005. However, controlling the cost of these technology expenditures remains paramount for many retail CIOs.
“Netezza deserves credit for addressing the critical data warehousing pain points that have constrained retailers recently – strong technical performance to deal with increasing amounts of data and query complexity coupled with aggressive platform pricing that fits retailer budgets,” said Scott Langdoc, vice president of research, AMR Research.
Amazon.com recently deployed the NPS data warehouse appliance and according to Mark Dunlap, director of Business Intelligence, “Amazon.com is at the forefront of analyzing business information to enhance our customers’ ability to find and discover anything they want to buy online. With the Netezza system, we can conduct valuable, iterative analysis much faster then ever before possible.”
Andy Winans, an industry professional with more than 20 years experience in retail technology and solutions for data warehousing, will head the Netezza Retail & CPG Division. Along with Jim Kelly, director eastern region, and John Carlson, director western region, the team will leverage more than 60 years of retail and data warehousing experience to promote the NPS system’s ability to help retailers identify and deploy solutions for market-basket, in-depth merchandise, customer segmentation, loyalty card and clickstream analysis programs.
Netezza plans to leverage its extensive network of partnerships with leading Business Intelligence software providers such as Ascential, Business Objects, Cognos, Informatica, and MicroStrategy, as well as systems integrators such as Adastra, Claraview, Edgewater Technology, Headstrong, Lancet Software, Project Performance Corporation and Systech Solutions, to deliver retailers a robust Business Intelligence foundation. Netezza has also partnered with solutions providers including QuantiSense and VRMS to provide end-to-end BI solutions. These partners maximize the value of Netezza’s data warehouse system by enabling retailers to query substantially more data in real-time than traditional data warehouse systems. This is especially crucial to the retail enterprise where faster and deeper analysis of growing granular data is critical for improving the overall customer experience.
“Retail organizations are among the most data-intensive in the world,” said Andy Winans, vice president, Retail & CPG at Netezza. “They capture a tremendous amount of customer and operational data, which is growing exponentially. Until now, retailers have had to pay a tremendous premium to rapidly analyze this data at the granular level necessary to make pinpoint business decisions. Even with major investments in infrastructure, retailers’ data warehouses have not provided the speed and flexibility to meet the business needs of these enterprises. With our extensive ecosystem of partners and our high-performance data warehouse appliance, Netezza is well-equipped to meet the data warehousing needs of virtually every type and size of retailer, with complete offerings that are easy to implement, flexible to meet changing business requirements, and low cost.”
The Netezza Performance Server system is the market-leading data warehouse appliance, built specifically to analyze large, complex amounts 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 the market-leading 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 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., Netezza has offices in Washington, DC, the United Kingdom and Asia Pacific. 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.
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