Driven by customer demand, market leaders invest in solutions and services integration
November 21, 2007
SAS, the leader in business intelligence and analytical software and services, and Teradata Corporation (NYSE:TDC), the global leader in enterprise data warehousing, today announced a strategic partnership that will enable customers to exploit the best of both companies' core strengths. This will be accomplished through deeper technical integration of their respective products, as well as through coordinated marketing, sales and services activities.
"This partnership of two former competitors brings together the respective strengths of both companies in business analytics and enterprise data warehousing," said Dan Vesset, Vice President, Business Analytics, IDC. "In-database analytics is a key development that promises to improve efficiency and effectiveness of business analytic solutions. It will decrease data movement and increase performance, thus enabling IT to better respond to the decision support needs of business decision makers."
In support of the recently announced SAS® In-Database initiative, the foundation of the partnership is to enable businesses to run and optimize key aspects of SAS solutions and analytic processes within the Teradata database engine. Customers will be able to leverage SAS capabilities and analytical functions to utilize the core parallel processing inherent in Teradata's architecture. Additionally, the joint road map also calls for selected SAS solutions targeting financial services and retail to be optimized with Teradata.
"As data volumes continue to grow exponentially, leading companies are making major investments in analytic solutions across the enterprise - from customer information, marketing, supply chain and risk to finance, IT and operations - to gain competitive advantages," said Jim Goodnight, Chief Executive Officer (CEO) of SAS. "This announcement with Teradata marks our first relational database partnership - one that will open up new opportunities for existing and future customers interested in utilizing the power of SAS' award-winning solutions and analytics within Teradata's industry-leading database engine."
Teradata's unique and unlimited ability to aggregate, parse and sort data, as well as handle large data sets, provides an excellent environment for the data integration, business intelligence and analytics capabilities of SAS. These technologies are the underpinnings for analytic solutions focused on specific business issues. For example, financial services organizations will be better equipped to analyze credit card fraud; retail companies will be able to improve their merchandise replenishment systems and better manage their inventory in near real time; and manufacturers will be able to more quickly pinpoint manufacturing problems to prevent costly product recalls.
"This new strategic partnership offers an exciting future for our mutual customers because they will benefit from the combined power of the leading BI and analytics provider and the leader in enterprise data warehousing," said Mike Koehler, President and Chief Executive Officer of Teradata. "Together, SAS and Teradata offer companies the ability to more effectively leverage their data as a strategic corporate asset for better, faster decision making throughout the enterprise. We clearly see the customer demand to optimize the processing and use of data throughout the enterprise."
In addition, SAS and Teradata have created a Center of Excellence (COE). This dedicated joint team of solution architects and technical consultants will help customers achieve increased performance and capabilities from their current and future SAS and Teradata IT infrastructure. The two companies will also establish a joint executive-level customer advisory group for product feedback, future direction and determination of subsequent integration priorities.
Teradata Corporation (NYSE: TDC) is the world's largest company focused on raising intelligence through data warehousing and enterprise analytics. Teradata is in more than 60 countries and on the Web at www.teradata.com. Teradata is a trademark or registered trademark of Teradata Corporation in the United States and other countries.
SAS is the leader in business intelligence and analytical software and services. Customers at 43,000 sites use SAS software to improve performance through insight from data, resulting in faster, more accurate business decisions; more profitable relationships with customers and suppliers; compliance with governmental regulations; research breakthroughs; and better products and processes. Only SAS offers leading data integration, storage, analytics and business intelligence applications within a comprehensive enterprise intelligence platform. Since 1976, SAS has been giving customers around the world The Power to Know®.
For more information, please contact:
CommuniGate Middle East
PO Box 66861, Dubai, UAE
Tel: +971 4 3988134
Fax: +971 4 3988137