Sybase and KXEN to Deliver Next Generation Advanced Analytics and Data Mining
June 16 2008 - 9:00AM
Business Wire
Sybase, Inc. (NYSE:SY), the largest enterprise software and
services company exclusively focused on managing and mobilizing
information, today announced that Sybase and KXEN, the global
provider of automated data mining technology, will deliver next
generation advanced analytics. KXEN�s advanced analytics,
predictive modeling and data mining software is now fully certified
to interoperate with analytics server Sybase� IQ, the market leader
in column-oriented databases. This relationship gives data mining
professionals the ability to quickly build and deploy advanced data
models, and drastically reduce the time necessary for data
preparation and discovery. Customers report that they are shifting
from traditional database solutions in favor of innovative data
warehouse solutions based on a column-oriented architecture in
order to address performance issues and support business growth. In
some cases, the performance delta between the old and new
architecture is up to 100-fold, raising the potential for
dramatically different ways of thinking about data-intensive
businesses. By empowering customers to build new revenue-generating
services and offerings, this partnership meets the most challenging
requirements in business intelligence, advanced analytics,
predictive modeling, and fast reporting. �KXEN is pleased to join
forces with Sybase IQ. Together, the revolutionary performance and
scalability of Sybase IQ and KXEN's next generation data mining
automation technology change the game for companies that rely on
analytics for their competitive advantage,� said Roger Haddad,
president, KXEN. �Our joint solution gives our customers the power
to seamlessly embed predictive analytics in strategic business
processes, dramatically increasing business performance.� �The
relationship between KXEN and Sybase IQ will change the analytics
and data mining landscape, by providing business intelligence
professionals with dramatic time savings�from weeks to days, even
hours�while creating and deploying advanced analytic models against
large datasets,� said Dr. Raj Nathan, Chief Marketing Officer at
Sybase. Designed from the start as an analytics server, Sybase IQ
produces incredible results because of its unique column-oriented
architecture combined with patented indexing and a scalable grid.
Organizations with very large data warehouses benefit from the
significant reduction in hardware and energy costs due to Sybase
IQ�s compression capability. Sybase IQ recently set a Guinness
World Record for the world�s largest data warehouse with one
petabyte of raw data�Sybase IQ compressed data 85 percent resulting
in a �green� data environment with 90 percent less CO2 emissions
over the data warehouse�s life time. About Sybase, Inc. Sybase is
the largest enterprise software and services company exclusively
focused on managing and mobilizing information. With our global
solutions, enterprises can extend their information securely and
make it useful for people anywhere using any device. The world's
most critical data in commerce, communications, finance, and
government runs on Sybase. For more information, visit
http://www.sybase.com. Join us August 4-8 at Mandalay Bay Resort
and Casino in Las Vegas for TechWave 2008, Sybase�s annual user
conference. For more information, visit
http://www.sybase.com/techwave. About KXEN KXEN, The Data Mining
Automation Company, drives next-generation Customer Lifecycle
Analytics for enterprises that depend on analytics as a competitive
advantage. The KXEN Data Mining Automation Solution delivers
significant improvements in customer acquisition, retention and
cross-sell applications. Our solution integrates predictive
analytics into strategic business processes, allowing our customers
to drive greater value in their business. Founded in 1998, KXEN has
corporate offices in San Francisco, California and Paris, France,
with Fortune 1000 customers around the world. For more information
please visit www.kxen.com. Sybase is a registered trademark of
Sybase, Inc. All other company and product names mentioned may be
trademarks of the respective companies with which they are
associated. Special Note: Statements concerning Sybase�s future
growth, prospects and new product releases are, by nature,
forward-looking statements that involve a number of uncertainties
and risks, and cannot be guaranteed. The words �anticipate,�
�believe,� �estimate,� �expect,� �intend,� �will� and similar
expressions relating to Sybase and its management may identify
forward-looking statements. Such statements are intended to reflect
Sybase�s current views with respect to future events and may
ultimately prove to be incorrect or false. Factors that could cause
actual events or results to differ materially include shifts in
customer demand, rapid technology changes, competitive factors and
unanticipated delays in scheduled product availability. These and
other risks are detailed from time to time in Sybase�s Securities
and Exchange Commission filings, including, but not limited to, its
annual report on Form 10-K and its quarterly reports on Form 10-Q
(copies of which can be viewed on Sybase�s Web site).
Sybase (NYSE:SY)
Historical Stock Chart
From Jun 2024 to Jul 2024
Sybase (NYSE:SY)
Historical Stock Chart
From Jul 2023 to Jul 2024