Data Warehousing and Analytics Firm Signs Major OEM Partner and Grows 2009 Bookings by 100 Percent

SAN MATEO, Calif., Feb. 10 /PRNewswire/ -- Greenplum Software, the pioneer of Enterprise Data Cloud™ solutions for large-scale data warehousing and analytics, today announced that the company achieved two significant milestones in 2009: the signing of a major OEM partnership with Silver Spring Networks and year-over-year bookings growth of 100 percent. This growth can be directly attributed to Greenplum's application of "MAD Skills" analytics to more quickly derive substantive results and greater business value from the massive amounts of data that businesses must manage today. Organizations from around the world, including large enterprises, government agencies and OEM partners, are relying on Greenplum's technology to implement a modern approach to data warehousing and analytics.

Applying MAD Skills

MAD Skills analytics refers to "magnetic, agile and deep" – three characteristics of Greenplum's philosophy and approach to data warehousing and analytics. These characteristics are at the heart of Greenplum's Enterprise Data Cloud initiative, which is an enterprisewide, private cloud, distributed system architecture designed to offer extreme scale, elastic expansion, self-service provisioning of data marts for IT and analysts and unified data access for efficient publishing, discovering and sharing of data.

Smart grid platform provider Silver Spring Networks is using the analytics technology to help parse data from millions of smart meters deployed at its utility clients. "To bring our clients an integrated view of energy consumption across their service territories, we have to evaluate massive amounts of data," said Judy Lin, chief product officer at Silver Spring. "Greenplum's data warehousing and analytics platform helps us efficiently turn metering data into actionable information."

Greenplum and the BeyeNetwork recently conducted a study on MAD Skills analytics entitled, "The MAD Skills Survey."  Findings from this survey will be released on February 16, 2010, but the research conducted suggests that a majority of respondents feel that the performance of their current database solutions hinders their ability to do their job, and that those solutions do not fully capture the value of the data generated. The respondents also noted that they believe it is not realistic to unify everything in a single enterprise database.

A Year of Growth

"The past year has been one of dramatic growth for Greenplum, in which we have won business over our larger competitors by delivering innovations to the data warehousing and analytics market with our Enterprise Data Cloud platform," said Bill Cook, Greenplum's CEO. "We have high expectations for 2010, as we continue to grow our market share and work with the some of the world's largest enterprises to transform their data analytics capabilities."

Greenplum has seen accelerated growth with significant customer wins, including U.S. government agencies, large telecommunications firms, leading retailers, global banks and data-intensive Internet media companies. Greenplum expects this momentum to continue into 2010, as more companies realize the benefits of deep analytics and existing customers extend their usage of Greenplum's solutions.

About Silver Spring Networks

Silver Spring Networks is a leading Smart Grid solution provider that enables utilities to achieve operational efficiencies, reduce carbon emissions and empower their customers with new ways to monitor and manage their energy consumption. Silver Spring provides the hardware, software and services that allow utilities to deploy and run multiple advanced applications, including Smart Metering, Demand Response, Distribution Automation and Distributed Generation, over a single, unified network. Silver Spring's Smart Energy Platform is based on open, Internet Protocol (IP) standards, allowing continuous, two-way communication between the utility and every device on the grid. Silver Spring has numerous deployments with leading utilities in the US and abroad, including Florida Power & Light, Pacific Gas & Electric, Pepco Holdings, Inc., Jemena Electricity Networks Limited and United Energy Distribution, among others. For additional information, please visit www.silverspringnetworks.com.

About Greenplum Software

Greenplum Software is the pioneer of Enterprise Data Cloud™ distributed system solutions for large-scale data warehousing and analytics, providing customers with next-generation database capabilities including multi-petabyte scale on commodity hardware, elastic expansion and self-service provisioning, and massively parallel analytic processing. Data-driven businesses around the world, including NASDAQ OMX, NYSE Euronext, Reliance Communications, eBay and Fox Interactive Media/MySpace, have adopted the Greenplum Database to support their mission-critical business functions. For more information visit www.greenplum.com.

SOURCE Greenplum Software

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