Marlow, United Kingdom (PRWEB) October 24, 2006
Kognitio, a leading provider of solutions to business problems that require acquisition, rationalisation and analysis of both large and complex data, today shook the database market by offering businesses to take the ‘Data Challenge’.
According to the initiative, with the help of IBM and HP as well as BI and ETL vendors, in under 14 days Kognitio will build a full scale, fully functional data warehouse hosting the challengers’ data that will be ready to be analysed. Organisations are invited then to run complex data analytics operations on their data for a further 14 days. Kognitio is not putting a limit on the scale of the challenge in terms of data volumes and complexity of queries.
Throughout 2006 a number of new technologies and services bringing to life the load-and-go approach to data analytics have landed on the market and Kognitio is at the forefront of the industry. With its WX2 analytical database, one of the very few that runs on industry-standard hardware, Kognitio frees organisations from deploying specific hardware in conjunction with the database software, thus dramatically reducing the financial investment whilst increasing flexibility. WX2 parallel processing technology allows clients to start with just a few servers and scale up as the demand for data analytics grows. This means that Kognitio can schedule tens or even hundreds of servers to run the ‘Data Challenge’ warehouse and, for 14 days, a client can run any number of servers analysing their data, giving full scale results from a very low-cost test environment.
“This proposition is unique in the data warehousing market. High implementation costs are often a stumbling block for organisations looking to implement a data warehouse or run data analytics projects hence these businesses stand to benefit greatly from this risk-free proposition which enables them to save time, resources and money,” said Roger Llewellyn, Managing Director, Kognitio. “One of our customers took the ‘Data Challenge’ and within two weeks was able to clear a seven month backlog of analysis and reporting and move into pre-emptive analytical work. Another organisation was struggling with month-end and year-end reporting regimes and after taking the ‘Data Challenge’ all the year-end tasks were completed in under 12 minutes. Service groups can ignore this unique opportunity at their own risk!”
In order to take the ‘Data Challenge’ businesses should visit http://www.datachallenge.com.
Kognitio is an innovative, technology-rich company, providing leading-edge solutions to businesses that require the acquisition, rationalisation and analysis of large or complex data. Kognitio’s offering is centred around three areas: WX2, the fastest and most scalable analytical database on the market, managed services and data migration expertise. All three areas are complemented by an extensive professional services team focused on ensuring businesses gain competitive advantage from their data.
With a strong specialisation in the insurance and financial services sectors, Kognitio’s data migration services offer lower risk and lower cost solutions to companies that are rationalising and consolidating operational platforms. Kognitio has the largest independent migration services team in the UK.
With its industry-leading analytical database offering, WX2, Kognitio is quickly able to turn a company's raw data into valuable business insight, empowering them to obtain comprehensive answers to critical business questions. Kognitio’s data warehouse managed services model allows its customers to focus on running their businesses and increasing the bottom line. By adopting Kognitio’s outsourced approach, customers are able to reduce management time and costs, as well as avoid expensive product acquisition outlays.
Headquartered in Marlow, UK, Kognitio delivers competitive advantage to its clients in various industries, including telecommunications (BT, ntl:), the financial sector (Marks & Spencer Money, Norwich Union, Prudential) and utilities (Scottish Power). For more information, visit http://www.kognitio.com, call +44 (0)1628 400 000.