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ACXM Acxiom Holdngs (delisted)

48.48
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Acxiom Holdngs (delisted) NASDAQ:ACXM NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 48.48 48.34 51.50 0 01:00:00

Acxiom Signs Development Agreement for Ongoing use of Kognitio's WX2 Analytical Database

15/12/2008 1:30pm

PR Newswire (US)


Acxiom (NASDAQ:ACXM)
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CHICAGO, Dec. 15 /PRNewswire/ -- Kognitio(R), a leading global provider of business intelligence (BI) and data warehousing solutions, today announced it has signed a development agreement with Acxiom(R) Corporation (NASDAQ:ACXM), a global leader in IT infrastructure, data management and interactive marketing services. Under terms of the agreement, Acxiom has certified Kognitio's WX2 purpose-built analytical database during a 20-week-long testing period, and will continue to test WX2 per the terms of the agreement. Acxiom provides business-critical IT infrastructure services and business intelligence solutions that enable clients' growth and profitability. As part of its ongoing research efforts, Acxiom continually evaluates new, leading-edge database technologies such as WX2, seeking solutions that give the company a wider range of offerings that provide clients with true competitive advantage. "Acxiom is constantly on the lookout for better, faster, more reliable and more resource-efficient means of delivering our best-in-class solutions. Acxiom's Technology Evaluation Laboratory subjects candidate products and technologies to an exhaustive battery of performance and functionality testing prior to certification for use," said James Coyne, Acxiom Technical Advisor for Infrastructure. "We are pleased that Kognitio WX2 has successfully completed the benchmark test suite and achieved certification. Its success provides us another powerful option for deployment in Acxiom clients' solutions." Now in its sixth generation, Kognitio WX2 is the most mature analytical database of its type on the market today, capable of helping mid-sized and larger enterprises alike gain unprecedented analytical access to, and insight from, massive amounts of data, thus allowing them to remain ahead of their competitors. More than twenty years of development enables Kognitio WX2 users to reliably gain greater benefits in less time; by enabling users to query, in detail, vast amounts of granular data in just seconds, tests have shown WX2 consistently obtains results several times faster than competing data warehouse appliances and up to 60 times faster than typical software-only databases. "Acxiom's certification of WX2, with its sophisticated data analytics and powerful performance, provides the market with further proof that our database is capable of handling the highest, most intense level of analytic queries with ease," said John K. Thompson, Kognitio's Chief Executive Officer for North American Operations. "Companies like Acxiom must be able to routinely query multiple terabytes of information and obtain answers within seconds. Our development agreement with Acxiom gives them that ability, and gives us a further foothold in a significantly competitive market." About Kognitio Kognitio (http://www.kognitio.com/) is an innovative, technology-rich company, providing leading-edge solutions to business problems that require the acquisition, rationalization and analysis of large or complex data. Kognitio's WX2 is the industry's fastest and most scalable analytical database on the market, giving firms the ability to turn their raw data into valuable business insight fast, and empowering its customers to realize comprehensive answers to critical business questions. Globally headquartered in Bracknell, UK, with North American headquarters in Chicago and offices in New York, Kognitio delivers competitive advantage to its clients across a wide range of industries, including telecommunications, financial services and utilities. More information is available by phone at 312.268.5725. About Acxiom IT Services Information intensive companies rely on Acxiom to provide business- critical IT infrastructure services and business intelligence solutions that enable our clients' growth and profitability. Mission-critical systems are delivered through Acxiom's agile, highly secure and cost-effective services ranging from fully managed solutions such as mainframe, server and BI technology platforms to point solutions such as online backup and email archiving. Because we process more consumer data than anyone in the world, companies that place high value on information depend on our comprehensive IT infrastructure, data management and marketing services competencies to provide true competitive advantage. DATASOURCE: Kognitio CONTACT: John K. Thompson, Kognitio, +1-312-268-5727, ; or Steve Friedberg, MMI Communications, +1-610- 518-7474, Web site: http://www.kognitio.com/

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