The combination of IBM's new award-winning DB2 9 data server and Skytide's XML-based analytical software will help companies uncover previously hidden information that can be used to improve business performance and execution
Boston, MA (PRWEB) December 5, 2006
Skytide, a leading provider of next-generation analytical solutions, today announced a sales and marketing partnership with IBM to jointly promote the XML standard to leading organizations in multiple industries. This announcement, made at the XML 2006 conference in Boston, comes on the heels of Skytide's recently announced extended integration with IBM DB2 9 to provide IBM customers with exceptionally fast analysis of their XML data.
Initial focus areas for the initiative are: the ACORD standard for the insurance industry; the FIXML and FpML standards for the financial services industries; and the MISMO standard which is used in Mortgage Banking.
The two companies are each working on accelerators that reduce the time and effort required for companies to automate their key business processes to take advantage of XML standards. IBM DB2 9 features patented pureXML technology that provides industry-leading enterprise-class storage and management of XML data, and Skytide provides the critical insight that enables users to rapidly understand and optimize their XML-enabled business processes.
IBM pureXML combined with Skytide's support for native XML analytics enables joint customers to achieve a substantial performance improvement when analyzing XML as compared to a traditional relational database paired with a conventional BI platform. In addition, the tight technical integration between Skytide and DB2 9 greatly reduces the amount of data DB2 needs to send back to the Skytide analytical engine and dramatically accelerates analysis.
"The combination of IBM's new award-winning DB2 9 data server and Skytide's XML-based analytical software will help companies uncover previously hidden information that can be used to improve business performance and execution," said Bernie Spang, Director, Data Servers, IBM. "IBM and Skytide are eager to demonstrate what companies can achieve with pureXML."
"IBM and Skytide are working to remove the barriers to XML adoption. Now that IBM and Skytide have enabled enterprise-class management and direct analysis of XML, we expect to see a rapid increase in the rate of adoption of industry-specific XML standards," said Chris Davis, VP of Business Development for Skytide.
Skytide Analytical Platform 2.0 allows companies to understand the root causes behind changes in key business metrics by concurrently analyzing traditional and non-traditional sources of data. By using XML as a common layer to tie together different pieces of the BI stack into an integrated, "virtual" technology stack, Skytide dramatically reduces system complexity while offering advanced functionality that cannot be achieved by traditional BI technology.
Skytide is exhibiting its solutions at the IBM booth (#1) at the XML 2006 conference.
Skytide is a leading provider of next-generation analytical solutions that provide an unprecedented view into what is driving business performance. Skytide's breakthrough technology uses XML as a common layer to dramatically reduce system complexity while offering advanced functionality that cannot be achieved by traditional BI technology. Application areas for Skytide technology include contact centers, risk and security management, compliance, and other areas of business that generate significant volumes of mission-critical unstructured and semi-structured data. Skytide partners include IBM, Sun Microsystems and Inxight. Based in San Mateo, Calif., Skytide is a privately held company funded by Granite Ventures and El Dorado Ventures. For more information about Skytide, please visit http://www.skytide.com.
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