Netezza annouced Retail Analytic Appliance

 29.01.2010 Netezza Corporation (NYSE: NZ), the global leader in data warehouse and analytic appliances, introduced Netezza® Retail Analytic Appliance™ (RAA), a breakthrough solution in retail business intelligence. The Netezza RAA is a turnkey analytic application solution for retail merchandisers, planners, allocators and store managers.

Available immediately as a single, pre-configured and pre-integrated solution, it includes all the required components for powerful retail business intelligence. The business benefits of the Netezza RAA include:
  • Streamlining inventory to reduce overstocks;
  • Proactively finding and reducing out of stocks;
  • Finding and removing stale inventory to increase margins; and
  • Enabling customer-centric retailing for retailers without a loyalty card.
"The components of the Netezza RAA let us make more profitable decisions when executing our critical merchandising processes," said Dennis Hernreich, COO and CFO of Casual Male Retail Group. "From localized assortments to seasonal inventory management, the key decision-makers in our organization use best-practices retail Playbooks to improve our business."

The Netezza RAA also offers a chance for retailers without loyalty cards to engage in the same customer-centric retailing best practices used by card retailers. Through use of market basket analytics and understanding profitability and inventory, the Netezza RAA can help retailers see the effects on consumer segments of specific merchandising and promotion decisions. The Netezza RAA ships with more than 1,200 metrics and dozens of reports, many tied to specific business processes, making it easy and effective for even the newest merchants to recognize and handle out of stocks, plan and order inventory and keep all key performance indicators (KPI's) in successful ranges.

"Netezza continues to enjoy our strategic relationship with our growing number of customers in the retail industry. The Netezza RAA is a direct result of what customers want—lowered cost and fast deployment, while meeting the dynamic needs of the business users," said Jim Kelly, vice president and GM of Retail & CPG at Netezza. "Netezza developed a single, integrated, business solution with low-risk, fast and simple delivery. We've pre-packaged a retail analytic solution enabling customers to get up and running quickly by simply loading their data and unleashing the business users."

CRMT is regional distribution and implementatin partner for Netezza products. Please contact us on: info@crmt.com or visit www.netezza.com for more information.
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