Netezza Sasses Oracle As Sales And Share Price Jump
Predicting 20% revenue growth next year, data-warehouse appliance vendor Netezza said its win rate versus Oracle and Teradata has been rising over the past year and will continue to do so throughout 2010. For a company whose revenue is about 1% of Oracle's, that's pretty impressive.
Predicting 20% revenue growth next year, data-warehouse appliance vendor Netezza said its win rate versus Oracle and Teradata has been rising over the past year and will continue to do so throughout 2010. For a company whose revenue is about 1% of Oracle's, that's pretty impressive.After reporting that growth, Netezza's stock jumped 20%, and for the past 52 weeks Netezza's shares are up 61%, according to a Reutersarticle, in spite of its daily competition against much larger and better-known rivals.
From that Reuters article:
Cost benefits, performance benefits and strong demand for business intelligence applications in the market are driving the strong demand for TwinFin, Brigantine Advisors analyst Mark Kelleher said.
"The reason TwinFin is doing so well is because Netezza has done a great job at lowering the price-performance metric on that: the performance is up and the price is down," Kelleher added. . . . "I think Netezza is going to continue to take market share against Oracle."
For Netezza, the key is to grow as big and as fast as possible. Oracle CEO Larry Ellison's vision for the new Oracle-Sun combination is to create a fleet of integrated and optimized systems one of which, in theory, could be aimed directly at the markets Netezza serves.
For now, though, Oracle's focus is on its high-end Exadata Database Machine, which Ellison has said will become a billion-dollar business for Oracle.
The Business of Going DigitalDigital business isn't about changing code; it's about changing what legacy sales, distribution, customer service, and product groups do in the new digital age. It's about bringing big data analytics, mobile, social, marketing automation, cloud computing, and the app economy together to launch new products and services. We're seeing new titles in this digital revolution, new responsibilities, new business models, and major shifts in technology spending.
In this special, sponsored radio episode we’ll look at some terms around converged infrastructures and talk about how they’ve been applied in the past. Then we’ll turn to the present to see what’s changing.