from DSSResources.comNetezza and Business Objects strengthen strategic relationshipFRAMINGHAM, Mass. & SAN JOSE, Calif., Sept. 18, 2006--Netezza Corporation today announced the continued strengthening of their partnership with Business Objects (Nasdaq: BOBJ; Euronext Paris ISIN code: FR0004026250 - BOB), the world's leading provider of business intelligence (BI) solutions. The two companies remain committed to continued product integration and are working closely together to develop focused solutions for the BI and enterprise information management (EIM) markets. The combination of the high-performance Netezza Performance Server(R) (NPS(R)) system and Business Objects' business intelligence platform results in a powerful BI foundation that delivers the full spectrum of BI capabilities, including reporting, analytics, dashboards and data integration. Netezza and Business Objects are achieving strong success in targeting customers in retail/CPG, financial services, telecommunications and other data-intensive industries. Several leading companies, including CompuCredit Corporation, Debenhams and Epsilon are successfully leveraging the products from both companies to enhance their BI capabilities. The continued focus on enhanced integration between these products will make it even easier for organizations to deploy these solutions together and will allow new customers to quickly accrue greater benefits. "We see tremendous value in leveraging these solutions together," said Guido Sacchi, Chief Information Officer and SVP, Corporate Strategies at CompuCredit. "The remarkable increase in performance which Netezza offers has resulted in more users benefiting from Business Objects applications and has increased the business value of our system." "We are proud to support the Netezza Performance Server Release 3 with our BusinessObjects(TM) XI Release 2 platform - including high-speed bulk loading capabilities using our BusinessObjects Data Integrator solution for ETL," said Donald McCormick, vice president, product marketing at Business Objects. "With its appliance, Netezza has powerful price/performance and simplicity advantages for data warehousing that challenge traditional assumptions about the complexity and cost of data analysis. In particular, Netezza's recently introduced smaller data warehouse appliances open up the possibility of an integrated BI solution for the mid-market that can deliver enterprise-level performance without the complexity or administrative burden usually associated with large enterprise systems. Business Objects will continue to work closely with Netezza to bring game-changing BI capabilities to market." "As a result of our relationship with Business Objects, our customers have access to a complete BI solution that empowers them to fully access and utilize their enterprise data for strategic advantage," said Jit Saxena, CEO and co-founder, Netezza Corp. "As market adoption of our appliance model continues to grow, we look forward to working with Business Objects to further enhance the performance, value and ease-of-use of BI." About Netezza Corporation Netezza, the global data warehouse appliance market leader, enables enterprises to make all of their data actionable - quickly, simply and affordably. The Netezza Performance Server family of products delivers breakthrough performance, unmatched ease of deployment and operation, and innovative flexibility and scalability at a fraction of the cost of traditional data warehouse solutions. By architecturally integrating database, server and storage within a single appliance, the NPS system delivers 10 to 100 times the performance at half the cost of existing systems. Based in Framingham, Mass., Netezza has offices in Washington, DC, the United Kingdom and Asia Pacific. The Company is backed by leading venture capital firms, including Matrix Partners, Charles River Ventures, Battery Ventures, Orange, Sequoia Capital and Meritech Capital Partners. For more information about Netezza, please visit www.netezza.com. About Business Objects Business Objects is the world's leading business intelligence (BI) software company, with more than 39,000 customers worldwide, including over 80 percent of the Fortune 500. Business Objects helps organizations of all sizes create a trusted foundation for decision making, gain better insight into their business, and optimize performance. The company's innovative business intelligence suite, BusinessObjects(TM) XI, offers the BI industry's most advanced and complete solution for performance management, planning, reporting, query and analysis, and enterprise information management. BusinessObjects XI includes the award-winning Crystal line of reporting and data visualization software. Business Objects has also built the industry's strongest and most diverse partner community, and offers consulting and education services to help customers effectively deploy their business intelligence projects. Business Objects has dual headquarters in San Jose, Calif., and Paris, France. The company's stock is traded on both the Nasdaq (BOBJ) and Euronext Paris (ISIN: FR0004026250 - BOB) stock exchanges. More information about Business Objects can be found at www.businessobjects.com. The Business Objects logo, BusinessObjects, Crystal Reports, Intelligent Question, and Xcelsius are trademarks or registered trademarks of Business Objects in the United States and/or other countries. All other names mentioned herein may be trademarks of their respective owners.
Contacts For Netezza Corporation Dawn Sullivan or Lisa Astor, 781-684-0770 Netezza@schwartz-pr.com |