Demand for Sybase IQ Analytics Server Soars Worldwide
Hundreds of New Customers Help Leader in Column-Oriented Database
Market Reach Billion Dollar Mark
DUBLIN, Calif. (Business Wire EON) April 14, 2008 --
Sybase, Inc. (NYSE:SY), a leading provider of enterprise infrastructure,
mobile software and mobile services, today announced several hundred new
customers worldwide signed up for Sybase®
IQ analytics server, the market leader in column-oriented database,
in the last year. On the heels of Sybase’s
record-breaking revenue year where it reached the billion dollar mark, Sybase
IQ is gathering momentum across the globe by adding to its more than
1,200 existing customer base—and showing
tremendous growth in emerging markets.
“After years of development and gradual
customer base growth, Sybase
IQ has lately emerged as an important and growing analytic database
technology,” said Carl Olofson VP of
Information Management and Data Integration research at IDC. “The
column-oriented database concept is gaining more and more traction in
the marketplace, and pioneer Sybase
IQ has a huge lead in this area, as evidenced by Sybase's impressive
report that the product has accumulated over 1,200 customers.”
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 100-fold, raising the potential for
dramatically different ways of thinking about data-intensive businesses. Sybase
IQ supports massive amounts of data (including unstructured data)
and performs lightning-quick complex ad hoc queries at a significantly
lower cost than competitors.
Korea-based Woori Investment & Securities, a Teradata customer since
2002, said: “Last year, we started a ‘Next
Generation System’ project and looked to Sybase
IQ for an expanded enterprise data warehouse system. After benchmark
tests against IBM® DB2®,
we chose Sybase for its superior query functionality and TCO.”
Sybase
IQ, highly optimized for analytics, helps organizations drive the
most demanding business intelligence applications such as market data
analysis, customer and operations analysis, fraud detection, risk
insight and a range of revenue-producing services based on analytics.
The following companies are among the hundreds of new customers
worldwide who have chosen Sybase
IQ to open new business possibilities through greater intelligence:
CopperKey, Customer Solutions Online, Dexia BIL, Experian Integrated
Marketing, Epsilon, Garden Ridge, ICICI Bank, INEGI, ITG, Korea Exchange
Bank, Taiwan Mobile, Woori.
“As the National Census Bureau of Mexico, we
gather, analyze and deliver very comprehensive data to our business
users,” said Ignacio Trejo at INEGI. “We
purchased Sybase
IQ for its enhanced analytics performance when performing high
speed, complex queries against our large database.”
“Sybase
IQ truly changes the game for our customers. They can achieve
analytics feats they never dreamed possible with ordinary data bases,”
said Kathleen Schaub, vice president of product marketing at Sybase. “Sybase
IQ is especially suited for organizations with extreme analytics
requirements such as analytics service providers, financial services and
insurance companies. Unbeatable price/performance is why so many
customers all over the world are switching to Sybase
IQ.”
Organizations with very large data warehouses benefit from the
significant reduction in hardware and energy costs due to Sybase
IQ’s compression capability. In a recent
independent benchmark on a world’s record 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. http://www.sybase.com/detail?id=1054011
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, government, and
healthcare runs on Sybase. For more information, visit http://www.sybase.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.
IBM and DB2 are trademarks of International Business Machines
Corporation in the United States, other countries, or both.
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).
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