San Diego, CA and Orlando, FL – June 24, 2008 – ParAccel, Inc., provider of the ParAccel Analytic Database, a high-speed, low-effort, columnar database management system, and Pentaho Corporation, the commercial open source alternative for business intelligence (BI), today announced a partnership to deliver an extremely high performance, integrated database platform and BI environment for analytic applications. The integration of the ParAccel Analytic Database and Pentaho's comprehensive BI suite will provide organizations with a cost-effective, end-to-end solution for analyzing and reporting on business-critical information at record-breaking speeds, leading to faster and more optimized decision-making.
The ParAccel Analytic Database uses a columnar approach with massively parallel processing and patent-pending performance techniques to deliver significant performance and price-performance gains over other database management systems. The Pentaho Open BI Suite provides a full spectrum of business intelligence (BI) capabilities including reporting, analysis, dashboards, data mining and data integration, and a BI platform, that have made it the world's most popular open source BI suite.
"For BI to become more pervasive within organizations, price-performance must continue to improve," said Mark Madsen, president of Third Nature, a leading IT consultancy specializing in BI and information delivery. "At the same time, we also need to see a decrease in overall system complexity. This partnership between ParAccel and Pentaho has the promise to deliver a compelling analysis and reporting solution that combines extremely high performance with ease of use and low cost," Madsen said.
"It is a business imperative to make data available to a wider range of knowledge workers for detailed analysis and reporting, even as the amount of enterprise data continues to skyrocket," said ParAccel Vice President of Business Development Tim Milovich. "Together with Pentaho, we will deliver a comprehensive, affordable, yet extremely high performance solution for complex data analysis to help companies gain – or maintain – competitive advantage through keen business insights."
Added Erik Hoogerhuis, vice president of Business Development at Pentaho, "Making world-class BI affordable so that more data is available to more users in a simple, efficient manner is the Pentaho mission. The ParAccel Analytic Database is highly complementary with the Pentaho BI suite and will help enhance our customers' business results by delivering an extremely fast-yet-simple database platform for analytic queries."
Pentaho Corporation is the commercial open source alternative for Business Intelligence (BI). Pentaho Open BI Suite provides comprehensive reporting, OLAP analysis, dashboards, data integration, data mining and a BI platform that have made it the world's leading and most widely deployed open source BI suite. Pentaho's commercial open source business model eliminates software license fees, providing support, services, and product enhancements via an annual subscription. In the years since Pentaho's inception as the pioneer in commercial open source BI, Pentaho's products have been downloaded more than three million times, with production deployments at companies ranging from small organizations to The Global 2000. For more information, visit www.pentaho.com
ParAccel, Inc. is the proven leader in scalable analytic performance and price-performance. The ParAccel Analytic Database™ combines patent-pending innovations with a columnar, compressed, massively parallel, all-in-memory-capable architecture and is available as a virtual or packaged appliance on standard hardware from all major vendors. It can be implemented stand-alone, or as a drop-in accelerator to extend an existing SQL Server or Oracle investment. ParAccel's management team includes technical founders and industry veterans from noted data management companies Netezza, Oracle, Teradata, Gupta, SenSage, PointBase, and IBM. ParAccel recently shattered prior TPC-H benchmark performance and price-performance records at 100GB, 300GB and 1TB using a single configuration at each scale factor. ParAccel is headquartered in San Diego, CA. For more information please contact us at firstname.lastname@example.org
or 866-903-0335, or visit us at www.paraccel.com