Nevis Develops NFactum with Vertica
Originally published July 8, 2009
Italian software developer, Nevis, has developed a new kind of data analytics tool, called NFactum that combines Vertica's high-performance analytic database with its own parametric modeling software to analyze terabytes of multidimensional data in seconds. The software allows executives to gain better, more immediate insight into profitability and other key performance through NFactum's easy-to-use dashboard.
The company chose the Vertica Analytic Database to power the NFactum software due to its ability to answer business intelligence queries faster than competitors while running on low-cost, standard hardware. The NFactum system is designed to give business managers a simple but complete view of their companies' performance by analyzing all the relevant data driving their businesses. It includes point-and-click analytic modules for sales, marketing, geo-marketing, purchasing, production, distribution and administration performance. The Vertica-powered NFactum system is used by dozens of companies in the fashion, transportation, manufacturing, travel and food industries, as well as government organizations. For example, a world famous winery uses NFactum to optimize production and sales for 15 million bottles a year composed of 50 different labels. And an Italian shoe maker is using the technology to analyze terabytes of consumer data to determine which new markets to enter.
"Our customers could not get an accurate view of how their businesses were performing because the volume of data had far outstripped the capabilities of their traditional ERP systems. We built NFactum to give them high quality business intelligence capabilities at much less cost than traditional systems. We needed a very high performance database that could crunch terabytes of data with ease, and scale as our customer base and needs grow. We evaluated a number of data warehouse appliances, but Vertica outperformed them all and at significantly lower cost," said Enrico Grisello, President of Nevis.
This BeyeNETWORK news item contains information from a recent press release by the company mentioned.
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