Kognitio Positioned in Leading Industry Analyst Firm's 'Magic Quadrant'

CHICAGO, Feb. 2 /PRNewswire/ -- Kognitio®, a leading global provider of business intelligence (BI) and data warehousing solutions, today announced that it has been positioned in Gartner Inc.'s latest "magic quadrant" of data warehouse database management systems (DBMS) vendors.  

In its "Magic Quadrant for Data Warehouse Database Management Systems,"(1) Gartner analysts evaluated 15 separate vendors of DBMS systems, including Kognitio. The report singles out BI Software as a Service (SaaS) offerings, saying, "We have seen more activity in the market with this model. There are two reasons for this. First, some business units are dissatisfied with their IT departments. Buying a managed service for their BI needs bypasses the IT department. Second, some small companies cannot afford their own data warehouse infrastructure but have large volumes of data to process for analytics. This is a growing segment of the data warehouse DBMS market."

Kognitio's WX2 analytic database, now in its seventh generation, is the worldwide leader in delivering superior performance through the use of in-memory processing, while coupling it with the highest level of reliability and continuous operation available on the market.  Kognitio's WX2 makes it possible for companies that want to benefit from high-intensity, high-performance data analytics to obtain the results they need in a fraction of the time and at a fraction of the cost of competing products.  Moreover, they gain from WX2's automated recovery and the database's ability to carry out key maintenance operations online as automated background operations driven by system status, both of which dramatically increase system uptime.

Kognitio continues to gain large clients installing large, analytic data warehouses on-site, demonstrating its ability to supply a data warehouse DBMS capable of competing with those of many of the market leaders whose products can cost up to three times as much as a WX2 -based solution.

In addition, Kognitio offers customers the added flexibility of moving to or from a hosted model as desired, through its industry-first BI SaaS offering, Data Warehousing as a Service (DaaS™).  As a result, Kognitio gives its customers the widest range of options, having designed WX2 so that it can be installed in any of three methods:  as software-only, with capacity-based licensing; as an appliance built on commodity hardware, or in a DaaS implementation.

The company also has customer wins at global leaders such as TRA, Kelkoo, bet365, Segmetrix, Match2Lists.com and more, while retaining BT as an ongoing DaaS client, underscoring its continued profitability and 25% year-over-year growth.

"In a year marked by significant troubles at other data warehousing vendors, we continued a strong pattern of growth," said John K. Thompson, Kognitio's Chief Executive Officer of North American Operations.  "Our steady approach to market growth, focused on delivering a solution for companies where the intensive use of data is at the core of what they do, has begun paying dividends.  More and more companies are discovering the value that Kognitio and WX2 provide, and we expect 2010 to be a banner year."

About Kognitio

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 recipient of the 2009 BeyeNETWORK "Vision Award," and SearchDataManagement.com's 2008 "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 the Magic Quadrant

The Gartner Magic Quadrant is copyrighted 2010 by Gartner, Inc., and is reused with permission.  The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period.  It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner.  Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the "Leaders" quadrant.  The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action.  Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

(1) "Magic Quadrant for Data Warehouse Database Management Systems," Donald Feinberg and Mark Beyer, published January 28, 2010

SOURCE Kognitio