Thursday 17 July 2014

Netezza Sells For Nearly Two Billion

Recently, tech giant IBM has made a huge move that may completely change the platform or scale of the entire tech industry. The tech giant has gone on and acquired one of the most widely used data management companies in the world. Experts have said that IBM’s move to buy Netezza just proves that tech ware is not just limited to hardware anymore. The firms that acquire software companies and are increasing their software activities are quickly rising as masters of the tech ware world. Business intelligence is increasingly becoming a huge part of the tech world and all firms are competing to lead the market.

Based in Marlborough in Massachusetts, the acquired firm specializes in business intelligence and has become, in the last two years, a big part of this fest-growing industry. It works be combining hardware and software technologies that help business analysts in their jobs. It aids business analytics by doing the more trivial tasks for them and they ensure that the entire data management aspect of the firm works smoothly and quickly. It makes sure that the all problems faced by the firm are promptly solved by taking help from the vast reserves of the World Wide Web.

Now, this may sound like something that anyone will easily be able to do but it is important to note that the methods and uses that Netezza adopts is far more complex, advanced and progressive than the sorts of technologies that are available to the general public. The programs are specifically designed to ensure that the minutest of details are taken into account when the research is conducted so that only the things that are required show up in the results.
The acquired company has been one of the greatest influences in the business intelligence arena. Before the launch of the firm, business intelligence was simply referred to as a technology that was mainly dominated by hardware – that is, get as many computers as possible. The focus was always on the capital. However, the acquired firm has played a huge role in ensuring that business intelligence establishes itself as amongst the most coveted (if not the most coveted) business aspect in the corporate world.

The storage facilities that used to dominate the world of IT corporates is now long gone since that approach had become far too slow for the fast-paced companies. Today, they not only want fast-paced software solutions but also need hardware that makes the software faster as well. To achieve this goal, many firms have increasingly been trying to acquire the emerging firms in the past few years that have been rising in the arena. The firms are quickly trying to acquire tailor made software technologies that not only help in the IT department but integrate entire enterprise databases.

Informatica MDM is a competitor of the acquired firm that has also played a huge role in business intelligence. It is also considered to be a quickly rising aspect of the industry and Informatica MDM has also seen a fast increase in sales that has, ultimately, led to better facilities.

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