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Zavarovalnica Maribor enhances analytics with Netezza

Sloveniaís second largest insurance company moves enterprise data warehouse to Netezza appliance

Ljubljana, Slovenia, 6th August, 2008 -- Netezza (NYSE Arca: NZ), today announced that Slovenia's second largest insurance company, Zavarovalnica Maribor (ZM), has moved its enterprise data warehouse from Oracle to Netezza in order to perform analysis such as long-term car and home insurance trends, not previously possible on its legacy systems. All corporate business intelligence (BI) and operational reporting has been migrated to a Netezza data warehouse appliance that is delivering significantly improved performance. ZM expects to not only future-proof its business against rising data volumes, but to better support its marketing function with more sophisticated and targeted segmentation for campaign management.

Darko Veleski Bratec, Head of Business Intelligence explained, "We faced a complex challenge to deliver rich content, superior functionality and better performance from the data warehouse. It had been our single biggest ongoing IT challenge for several years. Against a backdrop of budget pressures, the business was demanding better data, more regularly; wanting to switch from monthly to daily reports."

Joe Napoli, Director of International Distribution at Netezza added, "Working with one of Slovenia's most advanced BI and data warehousing consultancies, crmT, ZM started this project with more than six months of extensive testing. This covered the three basic challenges of ZM's BI environment; achieving a stable high performance, enabling real-time analysis and improving ETL performance. It was a comprehensive process that included varied analysis testing; from standard queries to the very complex and detailed, so that ZM could be confident of the outcome."

"We were left in no doubt at the end of testing period, and have started using Netezza for real-time analysis with relational and dimensional data models," continued Bratec. "It is the backbone of our BI environment and is enabling us to extend the functionality of our infrastructure. The increasing volume of data within the organisation had brought our older systems to a halt and prevented us from performing any sophisticated analysis. The Netezza system has freed us from those restraints and provided a growth path for the future development of our BI and data warehousing environment, while driving down our total cost of ownership."

The Netezza Performance Server?(NPS? family of data warehouse appliances is designed specifically for high-performance, terascale analytics and architecturally integrates a relational database, server and storage into a single compact and power-efficient unit. The systemís advantage comes from its patented streaming architecture. Netezza has placed processing power next to the data, so analysis occurs at the source at streaming speeds, delivering an unprecedented 10-100 times the performance of traditional systems at a fraction of the cost. Analyses that took days now take just seconds. This means a dramatic increase in productivity across the enterprise and faster time to value for business initiatives. Netezza appliances are changing the way organizations leverage information, creating a powerful analytic foundation for a new generation of business analytics that improve strategic decision-making and drive results.

About ZM

Zavarovalnica Maribor (ZM) d.d. (Maribor Insurance Company, joint-stock company) is a Slovenian insurance company backed up by 180 years of experience, with the current organisational structure present in the insurance market since 1991. Its head office is located in Maribor, while the Companyís business network includes nine business units, 43 representative offices in 111 agencies all over Slovenia. The scope of ZMís operations ranks it to the second place among the Slovenian insurance companies. It also has business links with the French insurance company AXA Assistance and Pozavarovalnica Sava. The underlying principle of all its activities is to help people in misfortune and to alleviate the burden of loss, which is illustrated also ZMís slogan: "Whatever may happen, life goes on, with ZM on your side to help you out". The Companyís corporate values, which are a driving force its work, derive from ensuring the feeling of security to partners, customers and employees. ZMís vision is to become a Slovenian insurance company offering the highest quality of services, judged by the satisfaction of its customers. Its mission is to achieve success in all the areas of operations. By doing this ZM will meet the expectations of its owners, employees and the society in general. It strives to make profits and by doing this to ensure further development of the company and diversification of services, and for all employees to ensure appropriate salaries and the possibilities for their personal growth and development.

About Netezza Corporation

Netezza is the global leader in data warehouse appliances that dramatically simplify high-performance analytics for business users across the extended enterprise, delivering significant competitive and operational advantage in todayís information-intensive marketplaces. The Netezza Performance Server?(NPS? family of streaming analytic?appliances brings appliance simplicity to a broad range of complex data warehouse and analytic challenges. Customers who have realized the benefits of Netezza appliances include Ahold, Amazon.com, CNET Networks, Debenhams, Epsilon, Nationwide, Neiman Marcus, Orange UK, Premier, Inc., Ross Stores, Ryder System, Inc., The Carphone Warehouse, Telekom Slovenia, TUS Telekom and Virgin Media. Based in Marlborough, Mass., Netezza has offices in Washington, DC, Canada, the United Kingdom, France, Germany, Italy and Asia Pacific. For more information about Netezza, please visit www.netezza.com.

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Netezza, Netezza Performance Server, NPS and streaming analytic are trademarks of Netezza Corporation. Other names may be trademarks of their respective owners.



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