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January 10, 2010

Netezza launches Retail Analytic Appliance

To provide insight on inventory, profit, allocation and merchandising

By CBR Staff Writer

Netezza, a provider of data warehouse and analytic appliances, has launched Retail Analytic Appliance (RAA) for retail merchandisers, planners, allocators and store managers.

The new Netezza RAA, available as a single, pre-configured and pre-integrated offering, provides benefits such as 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.

According to Netezza, the RAA includes a MicroStrategy platform and merchandising analytics application from QuantiSense, all powered by Netezza’s data warehouse appliance in the retail industry. Joint Netezza /QuantiSense customers include Burlington Coat Factory, Casual Male Retail Group, The Guitar Center, Pacific Sunwear and Restoration Hardware.

Jim Kelly, vice president and GM of retail and CPG at Netezza, said: 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.

“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.

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