Retek Data Warehouse Now Available on Teradata; Solution Provides Retailers With Integrated Decision-Management Capabilities.Business Editors & High Tech Writers DAYTON, Ohio--(BUSINESS WIRE)--Oct. 1, 2002 Teradata, a division of NCR Corporation (company) NCR Corporation - Electronics company mainly active in the midrange server market. NCR was founded 1884 as National Cash Register Company. It joint the computer industry in th 1950s. (NYSE NYSE See: New York Stock Exchange :NCR (NCR Corporation, Dayton, OH, www.ncr.com) A technology company specializing in financial terminal transactions, retail systems and data warehousing. Until the late 1990s, NCR was heavily invested in the hardware side of the industry, known worldwide as a major manufacturer of computers ), announced today that it has joined forces with Retek Inc. (Nasdaq:RETK) to provide retailers with a complete analytical software Analytical software is software that is designed specifically for and development of a particular environment or object. solution. The Retek data warehouse solution will be powered by Teradata's highly scalable database to give retailers an enterprise-wide view of their business, lowering database administrative costs administrative costs, n.pl the overhead expenses incurred in the operation of a dental benefits program, excluding costs of dental services provided. and reducing total cost of ownership. "We have received a great deal of interest from retailers about the Retek data warehouse running on Teradata so it was a natural fit to provide a joint solution," said Rick Schultz, Teradata vice president of industry marketing. "Adding Retek data warehouse support for Teradata helps us respond to our customers and brings a winning offer to the market." Earlier this year, rigorous volume testing Volume Testing belongs to the group of non-functional tests, which are often misunderstood and/or used interchangeably. Volume testing refers to testing a software application for a certain data volume. was successfully completed at Teradata's Rancho Bernardo, Calif., facility to validate the Retek 10 Retek data warehouse on Teradata's database platform. "Successful retailers require the ability to extract key information from large volumes of data," said Peter Espinosa, Retek's senior vice president of worldwide field operations. "Retek 10 solutions are built on an infrastructure which handles the high volume of transactions needed by leading global retailers. We expanded our support of the Retek data warehouse to Teradata in order to offer additional technology options for retailers seeking enterprise-wide data warehousing See data warehouse. data warehousing - data warehouse ." The Retek data warehouse is a strategic, business-intelligence solution built specifically for retailers. The solution melds massive amounts of data from different systems into user-friendly reporting that provides a single version of the truth In computerized business management, svot, or Single Version of the Truth, is a technical concept describing the sequence and structure of a database formed by a particular but arbitrary sequencing of records. . With its flexible and scalable foundation, the Retek data warehouse provides a place to store and analyze key transaction-level information efficiently and helps retailers improve customer loyalty and product performance across multiple retail channels. Teradata offers powerful analytical solutions, such as the Teradata database, to help businesses drive growth. Teradata's database software is widely regarded by industry analysts and proven in industry benchmarks to be the best at analyzing large amounts of data and superior in its ability to grow in size without performance issues. Porting the Retek 10 Retek data warehouse to Teradata's database platform creates a highly scalable, powerful and flexible solution offering for the retail market. The solution is generally available, has already been adopted by one retailer and is under evaluation by a number of others. "With retailers' requirements for scalable data warehouse solutions, this type of relationship will enable them to extend their data warehouse beyond business intelligence and into the more closed-loop decision support they need," said Gene Alvarez, META Group analyst. "Moreover, this relationship will coalesce co·a·lesce intr.v. co·a·lesced, co·a·lesc·ing, co·a·lesc·es 1. To grow together; fuse. 2. To come together so as to form one whole; unite: three core requirements for an effective solution - data, analytics and a scalable environment." About Retek Retek Inc. (Nasdaq:RETK) is the leading provider of mission-critical software and services to the retail industry. Retek 10 integrates collaborative software This is a list of collaborative software (or list of groupware) applications. Wiki software is on a list of wiki software. Open source or free software The following are open source or free software applications. with patented predictive technologies, consulting services, and the best practices of customers and partners to help retailers create, manage and fulfill consumer demand. Leading global retailers including Tesco, Best Buy, Gap Inc., Sainsbury's, Eckerd Corp. and Selfridges use Retek solutions. On the net: Retek at www.retek.com. About Teradata Division Teradata, a division of NCR Corporation (NYSE:NCR), is the global leader in enterprise data warehousing and enterprise analytic technologies and services. For more information visit www.teradata.com. About NCR Corporation NCR Corporation (NYSE: NCR) is a leading global technology company helping businesses build stronger relationships with their customers. NCR's ATMs, retail systems, Teradata data warehouses and IT services provide Relationship Technology(TM) solutions that maximize the value of customer interactions. Based in Dayton, Ohio Dayton is a city in southwestern Ohio, United States. It is the county seat and largest city of Montgomery County. As of the 2005 census estimate, the population of Dayton was 158,873. , NCR (www.ncr.com) employs approximately 30,400 people worldwide. NCR and Teradata are trademarks or registered trademarks of NCR Corporation in the United States and other countries. |
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