CHARLOTTE, N.C., June 2 /PRNewswire/ -- Kognitio®, a leading global provider of business intelligence (BI) and data warehousing solutions, and Hosted Solutions, the East Coast's premier provider of IT infrastructure as a Service (IaaS), today announced that the two companies will partner to offer Kognitio's award-winning, on-demand Data Warehousing as a Service (DaaS) solution to organizations throughout North America.
Hosted Solutions is Kognitio's first hosting partner in North America, making DaaS, centered around its WX2 analytical database, available to a far wider range of companies than previously possible. The partnership was announced today at the SaaS Users Group Spring Roadshow, being held this week in Charlotte and Raleigh. Hosted Solutions is the title sponsor of the event, and Kognitio is a silver sponsor.
Under the terms of the partnership, Kognitio will use Hosted Solutions' five SAS-70 Type II data centers along the East Coast to securely host data from its DaaS customers. "Hosted Solutions' data centers provide the reliability and security we were seeking. Its customers already recognize the value in outsourcing key infrastructure capabilities, thus making it easier for us to convey to them the benefits in letting us handle their business analytics. We were impressed that Hosted Solutions recognized the value it could offer to its existing customers and prospects with DaaS. We were seeking more than a hosting provider; we wanted a partner and we found that in the Hosted Solutions team," said John K. Thompson, Kognitio's Chief Executive Officer of North American operations.
"Kognitio's focus on the use of data analytics to empower its customers to gain competitive business advantage is consistent with our strategic business approach," said Kip Turco, Hosted Solutions' Chief Operating Officer. "Outsourcing key IT functionalities allows our customers to focus on their core business functionality. By offering DaaS, we are extending that positioning. Simply put, DaaS and Hosted Solutions are a good fit in the marketplace. Our partnership with Kognitio allows us to deliver powerful data analytics to organizations across North America, while remove the risk and cost usually associated with such deployments. We're proud to be working with Kognitio in making DaaS the pre-eminent BI SaaS solution."
Hosted Solutions will make Kognitio's DaaS available to companies that want to benefit from deep-dive analytics, but may not have the upfront capital expenditures to run data analytics and data warehousing implementations on premise. Powered by Kognitio's WX2 database, DaaS gives organizations the ability to access and analyze their data, using, via Hosted Solutions' Stratus Trusted Cloud™ environment, with end-users simply paying via a terabyte-per-month-based model for the analytics they use. The hosted architecture offers a risk-free and low-cost entry into deep-dive analytics on big data; the scalable infrastructure offer enterprises an on-demand service that rapidly grows with their needs.
Whether for pricing analysis, customer insight, retail analytics or the myriad of other business areas that require analytics, the cost savings that can be realized via Kognitio's DaaS means companies can meet their analytical needs without having to implement large-scale infrastructures themselves. Organizations can load their data and being analyzing it in less than forty-eight hours. Since DaaS is provided on a monthly contracted basis, the initial risk and costs during the proof periods are dramatically reduced; instead, companies can leverage operational expenditure (OpEx) funds to finance this service.
Kognitio is an innovative, technology-rich company, providing leading-edge solutions to business problems that require the acquisition, rationalization and analysis of large or complex data. Kognitio's award-winning WX2, a 2008 SearchDataManagement.com "Product of the Year," is the industry's fastest and most scalable analytical database on the market, giving firms the ability to turn their raw data into valuable business insight fast, and empowering its customers to realize comprehensive answers to critical business questions.
Globally headquartered in Bracknell, UK, with North American headquarters in Chicago and offices in New York, Kognitio delivers competitive advantage to its clients across a wide range of industries, including telecommunications, financial services and utilities. More information is available by phone at 312.268.5725 and at www.kognitio.com.
About Hosted Solutions
Based in Raleigh, NC, Hosted Solutions is the East Coast's premier provider of IT infrastructure as a service (IaaS). Its high quality Data Center and Managed Hosting services, including its exclusive Stratus Trusted Cloud™ offering, maintain and protect customers' mission-critical IT systems and applications, enabling them to reduce operating costs, lower the risk of downtime, focus on core competencies, and achieve their top business objectives. The company operates SAS 70 Type II Certified facilities in Boston MA, Charlotte NC, Raleigh NC, and Cary NC, providing best-of-breed data center operations with hardened physical infrastructure, the highest level of security, and a complete managed services portfolio. Winner of the prestigious 2009 Channel Insider "Bull's Eye MSP of the Year" award, Hosted Solutions is backed by Boston-based private equity firm ABRY Partners. For more information, please visit www.hostedsolutions.com.
SOURCE Kognitio; Hosted Solutions