MCLEAN, Va., June 21 /PRNewswire-FirstCall/ -- MicroStrategy® Incorporated (Nasdaq: MSTR), a leading worldwide provider of business intelligence (BI) software, and Netezza Corporation (NYSE: NZ), a global leader in data warehouse, analytic, and monitoring appliances, today announced the delivery of a state-of-the-art Netezza data warehouse appliance to MicroStrategy. MicroStrategy will conduct high-volume, high-scale tests on the Netezza appliance as part of its High Performance initiative launched earlier this year.
Netezza has provided a TwinFin data warehouse and analytics appliance with more than 100 terabytes of user data capacity to MicroStrategy's High Performance and Scalability Lab. MicroStrategy's Performance Engineering team will use the Netezza appliance to run hundreds of large-scale tests to research, identify, and resolve potential performance obstacles for customers.
MicroStrategy's high performance initiative includes the formation of its High Performance and Scalability Lab, the creation of a dedicated Performance Engineering team, and specific R&D efforts solely focused on providing MicroStrategy customers with the highest levels of performance for BI applications of all sizes. With its high performance initiative, MicroStrategy plans to deliver up to 10x faster BI applications, provide faster than 3-second response times for most predictable queries and analyses, and provide faster than 5-second response times for the majority of ad hoc queries.
The combination of MicroStrategy and Netezza enables joint customers to perform advanced analytics on large volumes of data with maximum performance. Approximately one-third of Netezza's customers use MicroStrategy for their business intelligence requirements. Mutual customers of MicroStrategy and Netezza include: Ahold, AutoTrader.com, Burlington Coat Factory, Con-way Freight, LoanPerformance, Pacific Sunwear, Ryder System, and Thomas Cook.
"Netezza is delighted to provide MicroStrategy with the TwinFin data warehouse appliance, which is designed for rapid analysis of extremely high data volumes," said Matt Rollender, Director of Strategic and Technology Partnerships at Netezza. "The complementary technologies of MicroStrategy and Netezza provide leading enterprises with the power to analyze expanding data warehouses and distribute actionable information to thousands of diverse users."
"MicroStrategy and Netezza have a strong business and technology relationship focused on providing customers with high performance and scalability at a low total cost of ownership," said Sanju Bansal, MicroStrategy's COO. "The new TwinFin appliance from Netezza represents a significant addition to our High Performance and Scalability Lab and to our major initiative to deliver even greater enhancements in performance and scalability for our customers' enterprise-wide BI deployments."
For more details on MicroStrategy's high performance initiative, visit http://www.microstrategy.com/high-performance-BI.
About Netezza Corporation
Netezza Corporation (NYSE: NZ) is the global leader in data warehouse, analytic and monitoring appliances that dramatically simplify high-performance analytics across an extended enterprise. Netezza's technology enables organizations to process enormous amounts of captured data at exceptional speed, providing a significant competitive and operational advantage in today's data-intensive industries, including digital media, energy, financial services, government, health and life sciences, retail and telecommunications. Netezza is headquartered in Marlborough, Massachusetts and has offices in Northern Virginia, the United Kingdom, Germany, France, Japan, Korea, Australia and Singapore. For more information about Netezza, please visit www.netezza.com.
Founded in 1989, MicroStrategy is a global leader in business intelligence (BI) technology. MicroStrategy provides integrated reporting, analysis, and monitoring software that helps leading organizations worldwide make better business decisions every day. Companies choose MicroStrategy for its ease-of-use, sophisticated analytics, and superior data and user scalability. MicroStrategy offers free reporting software that can be downloaded from its website, http://www.microstrategy.com/freereportingsoftware. More information about MicroStrategy (Nasdaq: MSTR) is available at www.microstrategy.com.
MicroStrategy and MicroStrategy Business Intelligence Platform are either trademarks or registered trademarks of MicroStrategy Incorporated in the United States and certain other countries. Other product and company names mentioned herein may be the trademarks of their respective owners.
SOURCE MicroStrategy Incorporated