I spoke with Chuck Berger, CEO of ParAccel, today about the Teradata acquisition of Aster Data. "ParAccel is the lone remaining stand-alone analytic appliance" said Chuck.
Chuck sees this as validation that companies have more data than they can process and that traditional architectures are not optimized for processing huge data in short amounts of time. "Companies are feeling the frustration about the value they are unable to realize from their data."
"HP, IBM, EMC and Teradata wouldn't be making high value acquisitions if they weren't seeing demand" said Chuck. He also talked about the "natural enemies" that these acquisions were making and how ParAccel was staying away from making natural enemies. As an example, Chuck said "All the BI guys are leary of IBM because of Cognos." Sales teams will bring in their overlay representatives to deals and this will keep doors open to ParAccel.
ParAccel's strategy is not changing. It is to "excel with the best product and maintain independence. Create no natural enemies. Many still need partners in the analytic space."
Finally, ParAccel will be free to continue to pursue "innovation and not integration" as a result of the merger activity, according to Chuck.
Posted March 3, 2011 3:36 PM
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