QueryObject And Siemens Partner on 'Smart Warehouse' Software For Telecom Industry; QueryObject Systems to Facilitate Call Detail Record Analysis.UNIONDALE, N.Y.--(BUSINESS WIRE)--Dec. 2, 1998--QueryObject Systems Corporation (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :QUOB) today announced the release of QueryObject System for Siemens' family of UNIX UNIX Operating system for digital computers, developed by Ken Thompson of Bell Laboratories in 1969. It was initially designed for a single user (the name was a pun on the earlier operating system Multics). (R) servers. This software is of particular interest to telecommunication companies which need to provide analytical access to very large volumes of customer and network data, typically as call detail records (CDRs). QueryObject System version 2.0, will be sold as part of Siemens' Smart Warehouse(tm) offering. The software will run on the RM200, RM300, RM400 and RM600 UNIX servers from Siemens. Reaction "The QueryObject System is the leading analytical environment for large data analysis," said James Guilmart, senior vice president of Marketing for the Computer Systems division of Siemens Information and Communication Products LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control . "Its availability on the RM family of servers will significantly enhance the capabilities of our Smart Warehouse solutions program to deliver a high quality analytical environment to data intensive industries such as telecommunications - exactly why we entered into a partnership agreement with QueryObject earlier this year." "The reliability and scalability of the RM family of servers, along with the high information capacity of the QueryObject data mart A subset of a data warehouse for a single department or function. A data mart may have tens of gigabytes of data rather than hundreds of gigabytes for the entire enterprise. See data warehouse. , are ideally suited to the huge data capacity demands of the telecommunications market," added Robert Thompson Robert Thompson may refer to:
The Reseller Agreement An associated reseller agreement, signed last July, allows the QueryObject System to be sold on a worldwide basis, as a component of the Siemens' Smart Warehouse business intelligence solutions program. About The QueryObject System The QueryObject System allows users to rapidly analyze very large volumes of complex business data by easily transforming it into a compact, highly distributable analytical object - a QueryObject - that can be analyzed using industry standard tools and techniques. The System produces an analytical data mart that uniquely represents complex data relationships through polynomial polynomial, mathematical expression which is a finite sum, each term being a constant times a product of one or more variables raised to powers. With only one variable the general form of a polynomial is a0xn+a equations. This resulting QueryObject is a mathematical index of all the relevant dimensions and metrics, including direct keys back to the source data. The System provides a potentially high number of concurrent users with efficient and responsive access to higher information volumes than is available in traditional data marts, while maintaining a proportionally smaller, easier to distribute, footprint. The polymorphic polymorphic - polymorphism nature of the QueryObject schema allows simultaneous access -- through an ODBC (Open DataBase Connectivity) A database programming interface from Microsoft that provides a common language for Windows applications to access databases on a network. and OLE/DB interface - with most industry-standard analytical tools and techniques including spreadsheets, ad hoc queries A non-standard inquiry. An ad hoc query is created to obtain information as the need arises. Contrast with a query that is predefined and routinely performed. See query and ad hoc. , multidimensional analysis In statistics, econometrics, and related fields, multidimensional analysis is a data analysis process that groups data into two basic categories: data dimensions and measurements. and data mining. The QueryObject System engine, which transforms relational or flat-file data into QueryObjects, runs on MVS (Multiple Virtual Storage) Introduced in 1974, the primary operating system used with IBM mainframes (the others are VM and DOS/VSE). MVS is a batch processing-oriented operating system that manages large amounts of memory and disk space. , UNIX and NT servers. QueryObject data marts are then distributed to desktop or laptop clients, or UNIX or NT LAN (Local Area Network) A communications network that serves users within a confined geographical area. The "clients" are the user's workstations typically running Windows, although Mac and Linux clients are also used. and Web servers, for user analysis. Pricing for the engine, regardless of the number of users, ranges from $50,000 to $275,000 depending on platform. About Siemens Information and Communication Products Siemens Information and Communication Products LLC designs, manufactures, markets and supports advanced technology products for Fortune 1000 business, medium- to large-sized enterprises, retailers, small businesses and the consumer electronics market. Offerings include industry-leading computer systems and software, retail and banking systems, cordless phones, communication cables and information technology service. Siemens Information and Communication Products is part of the Siemens family of companies, which in the latest fiscal year had approximately $65 billion in combined revenues and 386,000 employees in more than 190 countries. Home page: www.icp.siemens.com. About QueryObject Systems Corporation QueryObject Systems Corporation is a publicly held company headquartered in Uniondale, New York Uniondale is a hamlet (and census-designated place) as well as a suburb of New York City in Nassau County, New York, United States, on Long Island, in the Town of Hempstead. The population was 23,011 at the 2000 census. , USA and with a wholly owned European subsidiary headquartered in the United Kingdom. For more information about QueryObject System Corporation and its technologies, visit the Web site at http://www.queryobject.com. QueryObject and QueryObject System are trademarks of QueryObject Systems Corporation. Smart Warehouse is a registered trademark of Siemens Information and Communication Products LLC. UNIX is a registered trademark of the Open Group in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and other countries. All other trademarks and registered trademarks referenced in this document are the property of their respective holders. This press release contains certain forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are intended to be covered by the safe harbors created hereby. Investors are cautioned that all forward-looking statements involve risks and uncertainty, including without limitation, the Company's development as a software products company, and the ability of certain partnerships to aid in that growth; the capability of the company's products to perform as optimized analytical data marts; and the ability of the company's products to support the performance of other business intelligence tools. Although the Company believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any of the assumptions could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking states included herein, the inclusion of such information should not be regarded as a representation by the Company or any other person that the objectives and plans of the Company will be achieved. |
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