Ingres Signs Global Partner Agreement with MicroStrategy
Collaboration on ‘Performance2’ Joint Initiative to Deliver More Decision Making Power to Business Users
MONACO, MONTE CARLO, July 11, 2011 – Ingres, pioneers of the breakthrough analytic database Vectorwise, today announced that they have signed a global partner agreement with MicroStrategy® Incorporated (Nasdaq: MSTR), a leading worldwide provider of business intelligence (BI) software. In addition, the Vectorwise analytic database has passed MicroStrategy’s comprehensive test suite, certifying it as a supported database for the MicroStrategy platform.
As part of the newly established partnership agreement, the two companies are collaborating to launch Performance2 (Performance Squared), an initiative which offers high performing and affordable analytics that enable organizations to divert investment from expensive back-end data infrastructure to front-line business users. MicroStrategy with Vectorwise allows companies to deploy more BI to more people by shifting data storage to the cloud, reducing costs and offering insights to business users on any mobile device. Vectorwise’s record breaking price performance will enable joint clients to implement this infrastructure at significantly less cost than existing options.
"We are pleased with Ingres’ official certification as a MicroStrategy partner," said Sanju Bansal, MicroStrategy Chief Operating Officer. "MicroStrategy’s mobile platform enables organizations to build a wide variety of mobile apps that deliver business intelligence, transactions, and exciting multimedia content. Together with Ingres, our customers can run intuitive reports and dashboards, and act quickly on data stored across their enterprise with next-generation mobile apps that speed their businesses forward."
"The demand for BI systems with faster data access continues to grow and requires dramatically more efficient technology," said Terry Garnett, Chief Executive Officer at Ingres. "Vectorwise is the first analytic database to exploit the power of the modern chip to deliver record breaking performance. When you combine that performance with MicroStrategy’s BI platform, you get a powerful solution that allows companies to achieve insights faster than ever before wherever they are. I believe this is an essential step in redefining how people work today."
Vectorwise, a record breaking database for interactive reporting, unlocks the power of modern commodity CPUs with a database engine that leverages vector-based processing and on-chip memory to provide dramatic performance gains over other databases. No other database enables faster performance without the requirement of more hardware or extensive tuning. Customers and partners have reported 10-70X improvements.
Mobile BI has evolved from basic reports and dashboards on a mobile device to action-enabled apps that change the way companies do business and the way people work. A leader in mobile intelligence, MicroStrategy provides a powerful platform to build enterprise and consumer mobile apps. To highlight the power of mobile BI, Ingres will showcase a hosted 5 terabyte demo on the iPad at MicroStrategy World 2011, being held in Monte Carlo.
For more information about the Ingres and MicroStrategy initiative, visit http://www.ingres.com/partners/partner-directory/isv-oem/microstrategy or stop by the Ingres booth # 16 during the MicroStrategy World 2011 Conference in Monaco, July 11-14.
About Ingres Corporation
Ingres is a leading provider of data management solutions enabling companies to derive the highest value from their data. Whether it is by supporting their business with transactional systems running mission critical workloads on Ingres DB, providing rapid insight from historical data using the record breaking Vectorwise or innovating with applications in the cloud using SkySafe managed services, thousands of organizations around the world rely on Ingres’ products and services to deliver disruptive price/performance. Ingres solutions are in use at more than 10,000 customers worldwide including Lufthansa, Philips, Lockheed Martin, Fujitsu, Irish Revenue, Sainsbury, Logica and many government and defense departments around the world. Ingres is headquartered in Redwood City, California, with offices in New York, London, Paris, Frankfurt, Amsterdam, Leeds and Melbourne. www.ingres.com, Ingres, Vectorwise, SkySafe, SkyInsight and SkyArchive are trademarks of Ingres Corporation. All other trademarks, trade names, service marks, and logos referenced herein belong to their respective companies.
Founded in 1989, MicroStrategy is a global leader in business intelligence (BI) technology. MicroStrategy software enables leading organizations worldwide to analyze the vast amounts of data stored across their enterprises to make better business decisions. The MicroStrategy platform delivers actionable information to business users via the web and mobile devices, including the iPad, iPhone, and BlackBerry. Companies choose MicroStrategy for its ease-of-use, sophisticated analytics, and superior data and user scalability. MicroStrategy offers free reporting software that can be downloaded from its Website, http://www.microstrategy.com/freereportingsoftware. To learn more about MicroStrategy (Nasdaq: MSTR), visit www.microstrategy.com and follow us on Facebook and Twitter.
This press release may include statements that may constitute “forward-looking statements,” including estimates of future business prospects or financial results and statements containing the words “believe,” “estimate,” “project,” “expect” or similar expressions. Forward-looking statements inherently involve risks and uncertainties that could cause actual results of MicroStrategy Incorporated and its subsidiaries (collectively, the “Company”) to differ materially from the forward-looking statements. Factors that could contribute to such differences include: the ability of the Company to effect a timely general release of products incorporating the Mobile Intelligence, Cloud Intelligence and Social Media technologies described in this press release; the ability of the Company to implement and achieve widespread customer acceptance of each of these technologies if and when products incorporating these technologies are released for general availability; continued acceptance of the Company’s products in the marketplace; delays in the Company’s ability to develop or ship new products; market acceptance of new products; competitive factors; general economic conditions, including significant downturns in industries, including the financial services and retail industries, in which we have a significant number of customers; and other risks detailed in the Company’s registration statements and periodic reports filed with the Securities and Exchange Commission. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.
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