Network Computing is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Netezza Nudges IPO

Data warehousing specialist Netezza is the latest IT vendor to bust an IPO move, filing its S-1 with the Securities and Exchange Commission (SEC) last night. (See Netezza Files S-1.)

Netezza is one of a number of vendors playing in the data warehousing space, which includes IBM, Teradata, and startups DATallegro and Greenplum. (See IBM Streamlines BI , LSI Powers Teradata, and Greenplum Eyes Data Warehouses.) The Framingham, Mass.-based firm's flagship product is its NPS appliance, a combination of storage and database technology that offloads tasks often done by storage gear. (See Netezza Boosts Data Appliance and Netezza Unveils New System.)

Last year Netezza unveiled a high-end 100-Tbyte version of its NPS device and it is touting the platform as a faster way for users to load, access, and query data, compared to traditional data warehouses. (See Netezza Extends Series, Netezza Boosts Data Appliance, Netezza Breaks Up the Family, and Netezza Spawns a Monster.)

According to yesterday's SEC filing, Netezza has shipped over 200 of its appliances to 87 customers. These include AOL, Amazon, Capital One Services, the U.S. Army Corps of Engineers, and the Department of Veterans' Affairs. (See Netezza Adds Customers and Netezza Launches Federal Division .)

At least one analyst told Byte and Switch that he is not surprised by Netezza's S-1 and its growing momentum amongst users. "They apply more intelligence to the data itself [than other vendors]," said Steve Duplessie, senior analyst at the Enterprise Strategy Group, explaining that this produces faster queries. "They offload a lot of the work that a traditional database would have to do [because] they already have the data indexed and categorized."

  • 1