Vertica: World's Fastest Growing Data Warehouse Vendor Lands Its 100th Customer in Record Time


BILLERICA, Massachusetts, September 30 /PRNewswire/ --

Vertica continues to share tangible proof points of its rising leadership
in the data warehouse market by announcing today the signing of its 100th
customer. This achievement firmly establishes Vertica as the fastest growing
company in the data warehouse market.

Since its launch in 2007, some of the world's largest organizations --
such as Comcast, JP Morgan Chase and Verizon -- as well as aggressive smaller
companies have deployed the Vertica Analytic Database to solve large-scale
business intelligence problems at a fraction of the time and cost of
traditional database systems and proprietary data warehouse appliances.

The competitive advantage these customers have gained with this
new-generation technology is a key reason why Vertica hit the 100 customer
milestone in significantly less time than previous generation data warehouse
vendors such as Netezza.

With triple digit sales growth last year, Vertica's customer roster has
grown to include the best and brightest in communications, financial
services, marketing, retail, healthcare and Internet companies. Vertica has
also expanded globally winning new customers outside the U.S., such as
Europe's BlueCrest Capital Management, Nevis and Australia-based nMetrics.

Merv Adrian (http://www.itmarketstrategy.com/), market analyst and
blogger at IT Market Strategy said of Vertica in a recent blog post: "The
true test of credibility for a company in an emerging space is its ability to
deliver features to customers, and keep them happy. Vertica has invested
steadily and wisely to ramp up sales and marketing efforts. Marketing is a
critical component, but punchy campaigns and flashy Web sites mean nothing
unless companies buy and keep investing in a technology. Vertica has proven
that it is delivering what enterprises want -- fast database technology that
solves real-world business problems."

For example, Pink OTC Markets Inc., the company that operates the OTCQX
and Pink Sheets over-the-counter equity marketplace, has slashed the time it
takes to generate market reports from hours to seconds while also saving big
on reduced hardware and programming costs with Vertica. Similarly,
contemporary apparel and consumer products manufacturer Guess?, Inc. has
selected Vertica to analyze dozens of terabytes of point-of-sale (POS),
manufacturing, inventory, customer and store performance data in several
global data centers. And market intelligence firm Diio is enabling airlines
to make wiser network planning decisions and potentially greater profits,
thanks in part to its use of the Vertica Analytic Database.

The Vertica Analytic Database relies on a unique columnar, MPP
architecture and pioneering data compression to reduce storage requirements
for customers' data warehousing and BI software by as much as 90 percent,
dramatically cutting hardware overhead and energy consumption so customers
can analyze larger amounts of data at a fraction of the cost. The Vertica
Analytic Database can operate directly on that compressed data, delivering
query results 50 to 200 times faster than other databases.

"The market no longer questions whether we need a new kind of database
system to solve today's new business challenges. Our remarkable customer
acquisition rate fueled by both large and rapidly growing companies is
evidence of that. Our technology is proven and delivering real business value
for customers today," said Ralph Breslauer, president & CEO of Vertica.

About Vertica

Vertica Systems is the market innovator for high-performance analytic
database management systems that run on industry-standard hardware.
Co-founded by database pioneer Dr. Michael Stonebraker, Vertica has developed
column-oriented analytic database technology with an MPP architecture that
lets companies of any size store and query very large databases orders of
magnitude faster and more affordably than other solutions. The Vertica
Analytic Database is available as software only, as a hardware based
appliance, as a virtual appliance on VMware or online as a cloud computing
solution. The technology's unmatched speed, scalability, flexibility and ease
of use helps customers like JP Morgan Chase, Verizon, Mozilla, Comcast,
Level(3) Communications and Vonage capitalize on business opportunities in
real time. Vertica is headquartered in Billerica, Mass. For more information,
visit the company's Web site at http://www.vertica.com.

© PR Newswire Association LLC.

News archive

Subscribe to AfterDawn's weekly newsletter.