Rochester, NY 8/12/2009 5:45:53 PM
Pre Market - Netezza Corporation, NZ - Netezza Recently Release TwinFin Data Appliance
Netezza Corporation
Netezza Corporation one of the leading in data warehouse and analytic appliances, recently announced the release of its Netezza TwinFin(TM) appliance, the first in a family of new blade server-based appliances. The TwinFin appliance scales to more than a petabyte of user data and delivers orders of magnitude better performance over competing solutions. The TwinFin appliance is priced at less than $20,000 per terabyte, resetting the bar on price-performance in the industry.
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"Seven years ago, Netezza redefined the data warehouse market with a patented appliance that tightly integrated hardware, software and storage to deliver 10-100 times the performance at a fraction of the cost of traditional approaches," said Jim Baum, president and CEO of Netezza. "While many larger, incumbent vendors have embraced elements of Netezza's approach and improved their own price-performance, Netezza's TwinFin appliance once again extends our clear leadership in this market, from a position of strength as a mature global vendor."
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