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Nationwide Chooses Netezza

FRAMINGHAM, Mass. -- Netezza Corporation, a leading provider of data warehouse appliances, today announced that Nationwide Financial Services, Inc., the holding company for Nationwide Life Insurance Company, is migrating its existing data warehouse platform onto the Netezza Performance Server (NPS®) data warehouse appliance. The financial services giant plans on using data warehouse tools like Netezza to more quickly and efficiently analyze data from its sales and marketing systems, helping drive business performance to meet their growth targets.

"Improving informational data management, with tools like the NPS system, will help expand our Business Intelligence capabilities. As we elevate the impact of marketing and sales processes going forward, BI capabilities will become an essential and increasingly important area of investment. We fully expect this technology to result in better performance, enhanced flexibility and increased cost savings across the organization," stated Tim Lyons, vice president, Business Solution Services at Nationwide Financial.

“We’re seeing a dramatic increase in financial institutions adopting Netezza’s data warehouse appliance into their environments,” said Jit Saxena, CEO and co-founder of Netezza. “More and more businesses in this industry segment are realizing the value that technologies such as the Netezza appliance can provide.”

Netezza Corp.