Showing posts with label Industrial. Show all posts
Showing posts with label Industrial. Show all posts

Friday, June 22, 2012

Singapore International Water Week focuses on industrial water solutions

SINGAPORE : Companies can expect more business opportunities on industrial water solutions and innovative water technologies at the Singapore International Water Week 2012.

Now into its fifth year, the event is expecting record participation of more than 15,000 registrations.

Among the highlights is Water Expo, a showcase of water solutions from local and international companies.

It will boast the largest number of participating companies ever, with 650 companies and 16 international group pavilions.

At the first Industrial Water Solutions Forum, industrial giants will address challenges such as water scarcity and stringent environmental regulation.

The focus is on key sectors such as oil and gas, mining, chemical and food and beverage.

According to the Global Water Intelligence, the global industrial water sector ranks second in water consumption and takes up 25 per cent of global water demand.

Investors will also be on the lookout for promising water technologies at the TechXchange Workshop, which offers business matchmaking and commercialisation opportunities.

The Singapore International Water Week 2012 will be held from the July 1 to 5 in Singapore.

Maurice Neo, managing director of the Singapore International Water Week, said: "The goal of Water Week, or the goal of our efforts, is really to develop Singapore into a global hydro-hub.

"And what do I mean by that? It is to attract more companies to come to Singapore to set up base, not only offering their technologies and expertise to help Singapore, to help Singapore meet our water challenges, but also to use Singapore as a base to reach out to opportunities in the Asia region."

- CNA/de/ms


View the original article here

Friday, April 13, 2012

Opportunity for Industrial Firms Looking for Port Access and Infrastructure in Sept-Iles, Quebec, From Seven Islands Development Corp. - msnbc.com

SEPT-ILES, QC — Québec's soon-to-be-released $80 billion massive mining and industrial development plans, Plan Nord (plannord.gouv.qc.ca/english/), is the government's major effort to subsidize and expedite development of the huge mineral deposits in Québec. Much of this development will funnel through Canada's second-largest port city in tonnage shipped -- Sept-Îles. The massive Plan Nord project will revolutionize the area and maximize development of the huge mineral deposits throughout the area -- all flowing through Sept-Îles. Seven Islands Development Corp. is offering a substantial, strategically located site in the city for sale or development.

Plan Nord will generate at least 20,000 additional jobs per year for the next 25 years. It will create unprecedented, booming business opportunities and generate large population increases in Sept-Îles and the surrounding area. Sept-Îles has one of the finest all-weather harbors in the northern hemisphere. A $200 million expansion project is under way to allow the port facilities to accommodate ore carriers with capacities of up to 400,000 tons to handle the increased shipping activity.

Seven Islands Development Corp. is offering 5,000 acres for sale or development in Sept-Îles/Seven Islands. The land has 3 miles of ocean frontage and 2 miles of river frontage.

This large tract of continuous land, strategically located in the city, is expected to develop rapidly during the area's expected dramatic growth.

With the vast mineral wealth and the Canadian government's strategic Plan Nord, Sept-Îles will soon become one of the world's leading centers for mining, manufacturing and shipping.

SevenIslandsDevelopment.com

Add to DiggBookmark with del.icio.usAdd to Newsvine

© Marketwire 2012


View the original article here

Thursday, April 12, 2012

Industrial Opportunity Partners Closes Fund II at $275 Million - StreetInsider.com

EVANSTON, Ill.--(BUSINESS WIRE)-- Operations-focused private equity firm Industrial Opportunity Partners (“IOP”) of Evanston, Ill. today announced the final close of its second fund, Industrial Opportunity Partners II, L.P. (“Fund II”), with $275 million of committed capital. IOP achieved its hard cap of $275 million for Fund II and was oversubscribed at its final closing, exceeding its original target of $250 million. The first closing of Fund II was held on February 15, 2012. IOP’s investor base is comprised of a group of institutional investors, including university endowments, foundations, pension plans, and funds-of-funds.

Founded in 2005, IOP focuses on acquiring and overseeing middle-market manufacturing and value-added distribution businesses, typically with revenues between $30 million and $350 million. IOP targets businesses with strong product, customer, and market positions and provides management and operational resources to support sales growth and operational improvements.

“We are excited to have completed raising Fund II so quickly and with such strong demand,” said Kenneth M. Tallering, Senior Managing Director of IOP. “We appreciate the support and confidence of our Limited Partners, and we look forward to the opportunity to create value in our Fund II portfolio companies and to achieve strong returns for our investors.”

IOP is differentiated by its operating resources led by its dedicated, full-time Board of Operating Principals – a cadre of operating executives, each with over 30 years of experience, who guide and assist management teams in stabilizing, enhancing, and growing the value of their businesses.

“IOP’s committed Board of Operating Principals was a key factor in surviving the recession and in creating value in our portfolio companies. We believe the talents of our team truly resonated with our investors,” said IOP Managing Director Robert M. Vedra. “We believe IOP is well-positioned to pursue a broad spectrum of investment situations, ranging from profitable businesses that require management or other support to reach their full potential to businesses experiencing operational or financial distress.”

IOP’s first fund, Industrial Opportunity Partners, L.P. (“Fund I”), totaled $185 million of committed capital and was raised in 2006 and 2007. Fund I has completed 18 acquisitions: eleven portfolio companies and seven add-ons.

The portfolio companies serve a variety of end markets, including transportation, construction, agriculture, building products, energy, and general industrial. In December, 2011, IOP completed its first full realization in its Fund I portfolio with the sale of FAS Controls, Inc., a manufacturer of electromechanical devices, pneumatic control valves and lighting products.

“We believe that the strength of our Fund I investment portfolio was a significant factor in the success of our Fund II fund raising efforts,” commented Adam R. Gottlieb, IOP Managing Director. “It also is a testament to IOP’s value orientation and ability to execute on operational improvement strategies.”

Park Hill Group LLC and Sidley Austin LLP served as placement agent and legal counsel, respectively, to IOP.

For more information, visit IOP’s website at http://www.iopfund.com.

Industrial Opportunity PartnersKenneth M. Tallering, (847) 556-3462Adam R. Gottlieb, (847) 556-3463Robert M. Vedra, (847) 556-3464

Source: Industrial Opportunity Partners


Press Releases

Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!


View the original article here

Friday, April 6, 2012

Opportunity for Industrial Firms Looking for Port Access and Infrastructure in Sept-Iles, Quebec, From Seven Islands Development Corp. - msnbc.com

SEPT-ILES, QC — Québec's soon-to-be-released $80 billion massive mining and industrial development plans, Plan Nord (plannord.gouv.qc.ca/english/), is the government's major effort to subsidize and expedite development of the huge mineral deposits in Québec. Much of this development will funnel through Canada's second-largest port city in tonnage shipped -- Sept-Îles. The massive Plan Nord project will revolutionize the area and maximize development of the huge mineral deposits throughout the area -- all flowing through Sept-Îles. Seven Islands Development Corp. is offering a substantial, strategically located site in the city for sale or development.

Plan Nord will generate at least 20,000 additional jobs per year for the next 25 years. It will create unprecedented, booming business opportunities and generate large population increases in Sept-Îles and the surrounding area. Sept-Îles has one of the finest all-weather harbors in the northern hemisphere. A $200 million expansion project is under way to allow the port facilities to accommodate ore carriers with capacities of up to 400,000 tons to handle the increased shipping activity.

Seven Islands Development Corp. is offering 5,000 acres for sale or development in Sept-Îles/Seven Islands. The land has 3 miles of ocean frontage and 2 miles of river frontage.

This large tract of continuous land, strategically located in the city, is expected to develop rapidly during the area's expected dramatic growth.

With the vast mineral wealth and the Canadian government's strategic Plan Nord, Sept-Îles will soon become one of the world's leading centers for mining, manufacturing and shipping.

SevenIslandsDevelopment.com

Add to DiggBookmark with del.icio.usAdd to Newsvine

© Marketwire 2012


View the original article here

Friday, March 16, 2012

One-Click from CloudBuilder: Advantech's industrial cloud opens doors to huge business opportunities

One-Click from CloudBuilder: Advantech's industrial cloud opens doors to huge business opportunities

Sponsored content [Thursday 15 March 2012]

The cloud computing wave stirred up by strong demand for tablet PCs and smartphones will also spread to the Internet of Things (IoT) in the future, creating new business opportunities that everyone will crave a share of. But many small- to medium-size businesses (SMBs), particularly those from the embedded industry, will find it unaffordable to build up their own private cloud architecture because of limitations in terms of operational scale, funding and human resources. Leading embedded platform developer Advantech, eyeing such business opportunities, has launched its industrial cloud services to address the market. With the services, embedded devices that are difficult to manage because of their scattered locations - such as digital signage and monitors - can be controlled, switched on and off, installed and upgraded through cloud computing. This can improve efficiency and lower maintenance cost.

Industrial cloud enhances intelligent use of embedded devices

Speaking at the recent "Embedded Forum" (part of the Digitimes Technology Forum - DTF series) Advantech Embedded Core Group project manager, CL Chiang noted that in 2010 Advantech already realized cloud computing would be the direction of future industrial development, but that no solutions specifically designed for embedded/industrial systems were readily available on the market. Therefore Advantech decided to work toward this direction by developing industrial cloud services to help its business partners construct their own industrial cloud. He identified the industrial cloud elements as follows: identification; manageability; interconnectivity; security protection; intelligent system; vertical applications; and biz model & services.

Chiang also outlined Advantech's vision for embedded cloud computing. Under the existing embedded systems, an intelligent system with Internet connectivity and intelligent computing capabilities can be formed through industrial cloud build-in. The integration of the existing IoT and industrial cloud can turn connected devices worldwide into intelligent systems. The combination of the IoT and industrial cloud will give birth to "Smart Earth."

Focusing on developing intelligent platforms industrial cloud

Chiang pointed out that the focus of Advantech since inception was on the development of intelligent platforms, such as computers on modules, embedded single board computers (SBCs), multiple I/O extension SBCs, industrial motherboards, and slot SBCs. Another direction was to provide assistance for developing industrial cloud services, and for the segment it has so far launched Industrial Cloud Center, Embedded Apps, Cloud Pro Guidebook and CloudBuilder.

Cloud Pro Guidebook mainly offers detailed step-by-step instructions and in-depth analyses that, together with industry-specific cloud applications, embedded industry players can follow to quickly and correctly set up their own private clouds. There are three steps: first, Intelligent Devices; second, Network Performance and Security Protection; and third, Design for Industry, On-Demand Software and Embedded App.

CloudBuilder was the main focus of the speech. Advantech has designed the One-Click Installation to Industrial Clouds, which can be applied to embedded systems for a wide array of purposes ranging from the medical, gaming, POS, vehicle, machine automation, factory automation, signage, military, marine to transportation.

Embedded cloud applications to construct last mile of industrial cloud

Chiang then introduced members of Advantech's Embedded App series, each of which targets different industrial environments. Remote Monitoring is for surveillance purposes; Remote Desktop offers intelligent remote control; Remote On/Off allows the switching on and off of devices remotely; System Protection protects and licenses cloud software; and System Recovery restores cloud systems.

He went on to introduce a medical cloud application: a bed-side management system for hospitals. This system has an interactive LCD display installed beside the patient's bed. When making their rounds, doctors can click on buttons on the display's screen to review freshly completed diagnoses and explain them to the patient. After the doctors have left, the patient can pick up the remote control to play games, watch TV and movies, surf the Internet or make telephone calls to friends and relatives via the system. It provides professional assistance to medical personnel, as well as better and more comfortable hospital stay for patients.

Another example cited is a monitoring cloud: a police roadside monitoring system. The roadside monitoring system developed by Advantech employs a region-by-region management interface to allow personnel at the control center to operate all on the computer screen: they can switch between different regions, conduct necessary control and make sure each monitoring system is working normally. When there is perpetration or malfunction, technicians can be dispatched to conduct on-site repair. Some regional police stations have realized the benefits of industrial cloud services. They have adopted Advantech's cloud monitoring system and also employed the company for help in future maintenance work.

Demonstration of industrial cloud applications

Chiang noted that the Advantech-developed SUSIAccess retains the flexible features of the company's previous SUSI API software suites and integrates central monitoring functions. The SUSIAccess menu displays big icons for Remote Monitoring, Remote- On/Off, Remote Desktop, System Recovery and System Protection. System control personnel can also implement various API (application programming interface) functions to facilitate full remote control and access to the applications. In the future, there is also a chance that mobile devices, such as smartphones, can be employed to check for any system anomalies.

He also demonstrated the features of CloudBuilder, such as One-Click Installation, and Notification Center that can detect latest versions and download upgrades once Industrial Cloud Center is installed. Advantech can customize cloud services to meet clients' specific needs, such as Notification Center, Hardware Monitoring, Booting Manager, Smart Battery, SQflash Tools (flash burn tools) through back-end computers, tablet PCs and smartphones.

All product lines support intelligent management

Chiang mentioned that since March 2011 Advantech has equipped all its product lines with intelligent management chips. Business partners only need the Advantech-provided Embedded App of Remote Monitoring to enable a close monitoring of its devices. When Advantech releases new versions of drivers and firmware, the system will automatically tell the client. At the end of 2011, Advantech announced the ClopudBuilder solution for constructing an industrial cloud in three steps. The free CloudBuilder software is easy to install, maintain and use. Users only need to follow the instructions displayed on the screen and can complete the installation in three minutes.

The next step of Avantech's cloud service development is to extend the services to more different sectors, such as intelligent medicare, POS kiosks, on-board computers, security surveillance and the IoT. It will release relevant APIs to allow more system developers to participate in the development of cloud service projects. It will also let Taiwan's embedded industry seize business opportunities from this wave of cloud computing revolution, and achieve sustainable development.

Advantech embedded software manager Chiang Chin-ling

Advantech embedded software manager Chiang Chin-ling
Photo: Digitimes

Participants show keen interest in Advantech's industrial cloud that explores the potential and huge business opportunities of the Internet of Things.
Participants show keen interest in Advantech's industrial cloud that explores the potential and huge business opportunities of the Internet of Things.
Photo: Digitimes


View the original article here

Monday, March 12, 2012

Data Analysis Software helps users exploit market opportunities. - ThomasNet Industrial News Room


Business users can better drive innovation, exploit market opportunities, and react to competitive pressures.

SAN DIEGO, -- Teradata (NYSE: TDC), the leading analytic data solutions company, today introduced Teradata Data Lab software, a self-service, on-demand workshop within a Teradata warehouse that enables businesses to rapidly explore and test new ideas and data to innovate, identify trends, or immediately react to business conditions.

Please follow this link to view the full social media version of this news release on Teradata.com

http://www.teradata.com/News-Releases...

"The Teradata Data Lab empowers business users to start building new analytics in less than five minutes," said Scott Gnau, president, Teradata Labs, Teradata. "This agility pays off for business users looking to achieve competitive advantage, while benefiting IT organizations with the lowest total cost of ownership, embedded security and privacy controls, and ease of maintenance. In addition, our customers now have the ability to easily deploy the newly-developed analytics and applications."

"The Teradata Data Lab is another critical innovation for Bouygues Telecom. It provides each business unit with a private 'sandbox' for creating experimental designs, one-time business intelligence (BI) requests, and ad hoc queries," said Marielle Vo-Van Liger, director of Business Intelligence and Customer Knowledge, Bouygues Telecom. "Once established, the BI analytic is funneled back into the enterprise data warehouse where it can be shared. IT monitors the sandbox activity to ensure satisfactory performance of strategic queries, efficient data loading, and economical reporting processes."

"Self-service analytic workspaces, or sandboxes, offer a valuable and important alternative to uncontrolled data marts for building analytic prototypes and models, and experimenting with data," said Colin White, president of BI Research. "The Teradata Data Lab introduces a valuable and powerful tool for deploying and governing these sandboxes."

The Teradata Data Lab, a self-service analytic environment, provides business analysts and IT professionals with on-demand database space and system resources for short-term projects such as ad hoc analysis, proof-of-concept, application evaluation, or quality assurance testing. The lab enables quick assimilation of new data into a separate portion of the data warehouse, where it can be analyzed along with insight-rich data already in the warehouse, to quickly prove success or fail fast, and move on.

"Self-service business intelligence is a valuable step forward, but it often pits business users, who want unfettered access to data in order to drive innovation through new analytics, against IT managers who are responsible for the environment's security, performance, and quality," said Claudia Imhoff, president, Intelligent Solutions, Inc. "Teradata Data Labs gives both communities all that they need, business users have open access to valuable assets and IT managers are able to monitor and exert oversight."

Without the Teradata Data Lab, business users struggle to integrate untested data with their business data because of data warehouse governance policies and other safeguards. When business users make requests to their IT department for temporary data loads to the warehouse the wait time may be weeks or even months. As a result, users often deploy an expensive "skunk works" data mart. The data mart requires data replication on external servers, as well as, additional software, and places a burden on company resources to support the systems. These obstacles make it virtually impossible for users to test and explore new 'what if' scenarios that can lead to breakthrough business discoveries.

The Teradata Data Lab provides customers with this capability, which drives innovation and business advancement, as these examples demonstrate:

Media Company - The marketing director for a major media company has just launched a campaign to promote the bundling of phone, television, and Internet services. He needs to analyze marketing campaign results, so he can do an analysis to understand the impact on corporate revenue. However, the IT group has a two-month backlog of requests and can't meet the director's need to get the results within hours in order to plan his next move. Instead, the director uses the Teradata Data Lab to create a workspace within the production warehouse and immediately begins his analysis and realignment of the campaign to meet quarterly revenue expectations.

Retail Chain- To accelerate holiday sales volume from its retail outlets, a business analyst wants to use location data to identify strategic locations to open temporary holiday outlets. The analyst needs to test various scenarios in order to determine the optimum locations, but he can't test this without building a prototype. The Teradata Data Lab allows the analyst to build a prototype of the geospatial application and combine the company's existing data with new location data. Within hours, the proof of concept is performed within the Teradata data warehouse yields the most advantageous locations to open temporary holiday outlets and increase revenues.

Financial Institution - A financial institution wants to expand its small business loan portfolio and customer base by acquiring another institution. To make a timely decision, a due diligence review must be performed to include analysis of thousands of accounts and many product lines offered in multiple states. The acquiring institution's business analysts used the Teradata Data Lab to quickly combine relevant data from both institutions. Although the potential take-over target looked attractive, the analysts learned that it wouldn't be a profitable acquisition, because the customers were not in the appropriate market segment and offered limited growth potential.

"Business user accessibility to the data and analytic tools must keep pace with the demands of our business," said Renee DePalo, manager, Information Management and Business Insights, Pharmaceutical Segment, Cardinal Health. "The data lab within our Teradata data warehouse is accelerating our ability to turn big data into meaningful, valuable business insights for our internal customers."

The Teradata Data Lab simplifies implementation, governance, and management, and alerts the database administrators when it approaches expiration dates, or space limitations. It is subject to workload management criteria, which ensures that rogue or complex queries don't impact warehouse production users. From design to implementation, Teradata Professional Services help guide optimal results every step of the way.

Relevant Links

1. Teradata Magazine, Freedom to Explore, Gary Ryback

http://www.teradatamagazine.com/v11n0...

2. Customer Success: Bouygues Telecom: The Intelligence Telecommunications Company

http://www.teradata.com/case-studies/...

3. Hunt for Customer Insight - Cabelas Agile

Analyticshttp://www.teradatamagazine.com/v10n0...

4. BSI episode: Fragrant Sleeper

Hithttp://www.youtube.com/watch?v=XnYkQ9...

About Teradata

Teradata (NYSE: TDC) is the world's leading analytic data solutions company focused on integrated data warehousing, big data analytics, and business applications. Teradata's innovative products and services empower organizations to integrate, analyze and profit from data for competitive advantage. Visit teradata.com for details.

Get to know Teradata:Twitter: https://twitter.com/teradatanews Facebook: http://www.facebook.com/Teradata YouTube: http://www.youtube.com/user/teradata LinkedIn: http://www.linkedin.com/company/terad...

Teradata is a trademark or registered trademark of Teradata Corporation in the United States and other countries.


View the original article here

Friday, March 2, 2012

Onvia Reveals Two New Innovative Government Business Intelligence Tools Giving Companies More Opportunity to Win in the Competitive Government Market - ThomasNet Industrial News Room

Search Tool gives access to government procurement database. - ThomasNet Industrial News Room


Seattle-based Company Launches New Database Search Tool 'Onvia Navigator' and Shows Solid First-Quarter Results

SEATTLE, May 4 / -- In groundbreaking news for companies nationwide wishing to bolster their sales to government, clients of Onvia (NASDAQ:ONVI) can now direct their own research using Onvia Dominion(TM), Onvia's unparalleled government business sales intelligence database, in tandem with Onvia Navigator, the Seattle-based company's new, state-of-the art search tool. The move by Onvia to make its entire proprietary database -- consisting of millions of government procurement records gathered over five years -- directly searchable, customizable, and readily accessible with a cutting-edge search tool comes as welcome news to the company's 16,400 clients.

Onvia Dominion, a "gold mine" of qualified government contracting intelligence and hard-to-find historical data, is recognized by companies throughout the U.S. as the industry's leading government procurement database. The proprietary, ever-expanding database currently contains over 2.7 million categorized and linked procurement records, across 71,000 purchasing offices, representing 292,000 buyers, and connecting more than 181,000 companies. The breadth and depth of government contracting opportunities and intelligence, contact information, and logistical details for current and historical purchases within the Onvia Dominion database is unequalled - even within government itself. Onvia's reputation for providing cohesive, critical government business intelligence continues to grow, as companies see bottom- line success through researching competitors, exploring new or emerging markets, working to identify potential partners, or building sales pipelines for renewing annual contracts.

The millions of records within the Onvia Dominion database now are directly searchable online through Onvia Navigator, Onvia's new search tool which went live on April 3rd of this year. Onvia Navigator allows user-driven access to Onvia Dominion; it enables users to focus their research by rapidly drilling down into search results, and narrowing their research by groups such as industry, procurement type, contract location, agency, and contract value. Unlimited access to the database allows clients to find information critical to making business decisions that would otherwise be difficult-to-impossible to access without an extensive network of business contacts, a historical archive of government purchasing transactions, and a substantial investment of time and resources.

Prior to Onvia Dominion, companies often were simply unable to find the difficult-to-locate opportunities and necessary strategic intelligence they were seeking. When they were able to locate these opportunities, companies had to meticulously build, archive and sift through government contract information themselves -- missing out on countless opportunities, limiting their scope, and often locating opportunities too late and wasting precious hours of research time in the process.

Businesses nationwide have been quick to reap the rewards offered by Onvia Dominion and Onvia Navigator, such as Dunn Lumber, a Seattle-based, family- owned building materials chain founded in 1907.

"In under one year since subscribing to Onvia, we've increased our government contracts-related business using intelligence from the Dominion Database from $100,000 annually to nearly $3 million," according to Kelly Fox, Dunn Lumber's Store Manager. "In such a short timeframe we've won sizable government contracts and dozens of smaller contracts, as well.

"The Dominion Database and Onvia Navigator have added up to the solution we needed to proactively find the important intelligence we needed and secure contracts," Fox added. "In particular, Onvia Navigator is user-friendly, and it easily lets us customize and tailor our searches of Onvia's database for the many pieces of information we need, such as really solid leads, contact information, and contracts awarded annually. It's also definitely trimmed down on the amount of hours we spend researching; what used to take us 20 hours now takes us only three. We have so much more time now for other areas of our business, such as store management and personnel issues."

The Onvia Navigator search solution is the most recent in a host of user solutions that optimize the valuable intelligence that makes up the Dominion Database. In addition to Onvia Navigator, for example, clients also may easily research owners, buyers, vendors, and project histories for specific government procurement opportunities through Onvia Business Builder. Additionally, the popular Onvia Guide delivers leads and other important procurement data from thousands of federal, state, local and education agencies daily.

"There are literally millions of pieces of valuable data in the Onvia Dominion database that can translate into concrete government contracts for U.S. businesses," noted Onvia CEO Mike Pickett. "There's a reason so many businesses today are teaming with Onvia. What we're doing is different from any other company in the industry. We're offering a way for companies to 'mine' this incredibly large database of government procurement opportunities, which gives them an enormous advantage. They can now very easily tailor their searches for qualified leads, contract information, valuable business-to- business opportunities, even research their competitors -- and save an impressive amount of time in the process. All told, we're offering hundreds of millions of dollars in government contract opportunities for businesses today through our Onvia Dominion database. And that number is just waiting to be capitalized on by our clients."

On the financial front, Onvia has reported first-quarter results and metrics, showing 12 percent growth in annual contract value growth and 7 percent in revenue over the prior year. "Our results clearly reflect that Onvia recognized an unserved market need, and we are strategically tackling that opportunity," according to Pickett. "Companies nationwide were demanding more organized access to all of the government procurement intelligence and opportunities that exist today, and Onvia has been able to provide the solutions they've needed, plain and simple. Our results this quarter are a solid reflection of this dynamic."

About Onvia

Onvia (NASDAQ:ONVI) helps companies identify and win government business across such diverse markets as architecture, engineering, construction, IT/telecom, consulting services, operations and maintenance, office equipment, transportation and medical equipment. More than 16,600 Onvia clients across the United States enjoy significant competitive advantage through access to Onvia's Dominion(TM) database, the most comprehensive source of actionable government procurement intelligence available. With ever-expanding coverage of more than 71,000 federal, state and local purchasing entities, Onvia delivers timely, in-depth information and insight on requests for proposals and quotes, agencies, decision-makers, vendors and project histories to help companies focus their sales resources on the best opportunities and convert them into awards. Onvia was founded in 1996 and is headquartered in Seattle, Washington.

CONTACT: Jen Beltz of Infotech Strategies, +1-207-899-2750, jbeltz@itstrategies.com


View the original article here

Thursday, February 23, 2012

Data Analysis Software helps users exploit market opportunities. - ThomasNet Industrial News Room


Business users can better drive innovation, exploit market opportunities, and react to competitive pressures.

SAN DIEGO, -- Teradata (NYSE: TDC), the leading analytic data solutions company, today introduced Teradata Data Lab software, a self-service, on-demand workshop within a Teradata warehouse that enables businesses to rapidly explore and test new ideas and data to innovate, identify trends, or immediately react to business conditions.

Please follow this link to view the full social media version of this news release on Teradata.com

http://www.teradata.com/News-Releases...

"The Teradata Data Lab empowers business users to start building new analytics in less than five minutes," said Scott Gnau, president, Teradata Labs, Teradata. "This agility pays off for business users looking to achieve competitive advantage, while benefiting IT organizations with the lowest total cost of ownership, embedded security and privacy controls, and ease of maintenance. In addition, our customers now have the ability to easily deploy the newly-developed analytics and applications."

"The Teradata Data Lab is another critical innovation for Bouygues Telecom. It provides each business unit with a private 'sandbox' for creating experimental designs, one-time business intelligence (BI) requests, and ad hoc queries," said Marielle Vo-Van Liger, director of Business Intelligence and Customer Knowledge, Bouygues Telecom. "Once established, the BI analytic is funneled back into the enterprise data warehouse where it can be shared. IT monitors the sandbox activity to ensure satisfactory performance of strategic queries, efficient data loading, and economical reporting processes."

"Self-service analytic workspaces, or sandboxes, offer a valuable and important alternative to uncontrolled data marts for building analytic prototypes and models, and experimenting with data," said Colin White, president of BI Research. "The Teradata Data Lab introduces a valuable and powerful tool for deploying and governing these sandboxes."

The Teradata Data Lab, a self-service analytic environment, provides business analysts and IT professionals with on-demand database space and system resources for short-term projects such as ad hoc analysis, proof-of-concept, application evaluation, or quality assurance testing. The lab enables quick assimilation of new data into a separate portion of the data warehouse, where it can be analyzed along with insight-rich data already in the warehouse, to quickly prove success or fail fast, and move on.

"Self-service business intelligence is a valuable step forward, but it often pits business users, who want unfettered access to data in order to drive innovation through new analytics, against IT managers who are responsible for the environment's security, performance, and quality," said Claudia Imhoff, president, Intelligent Solutions, Inc. "Teradata Data Labs gives both communities all that they need, business users have open access to valuable assets and IT managers are able to monitor and exert oversight."

Without the Teradata Data Lab, business users struggle to integrate untested data with their business data because of data warehouse governance policies and other safeguards. When business users make requests to their IT department for temporary data loads to the warehouse the wait time may be weeks or even months. As a result, users often deploy an expensive "skunk works" data mart. The data mart requires data replication on external servers, as well as, additional software, and places a burden on company resources to support the systems. These obstacles make it virtually impossible for users to test and explore new 'what if' scenarios that can lead to breakthrough business discoveries.

The Teradata Data Lab provides customers with this capability, which drives innovation and business advancement, as these examples demonstrate:

Media Company - The marketing director for a major media company has just launched a campaign to promote the bundling of phone, television, and Internet services. He needs to analyze marketing campaign results, so he can do an analysis to understand the impact on corporate revenue. However, the IT group has a two-month backlog of requests and can't meet the director's need to get the results within hours in order to plan his next move. Instead, the director uses the Teradata Data Lab to create a workspace within the production warehouse and immediately begins his analysis and realignment of the campaign to meet quarterly revenue expectations.

Retail Chain- To accelerate holiday sales volume from its retail outlets, a business analyst wants to use location data to identify strategic locations to open temporary holiday outlets. The analyst needs to test various scenarios in order to determine the optimum locations, but he can't test this without building a prototype. The Teradata Data Lab allows the analyst to build a prototype of the geospatial application and combine the company's existing data with new location data. Within hours, the proof of concept is performed within the Teradata data warehouse yields the most advantageous locations to open temporary holiday outlets and increase revenues.

Financial Institution - A financial institution wants to expand its small business loan portfolio and customer base by acquiring another institution. To make a timely decision, a due diligence review must be performed to include analysis of thousands of accounts and many product lines offered in multiple states. The acquiring institution's business analysts used the Teradata Data Lab to quickly combine relevant data from both institutions. Although the potential take-over target looked attractive, the analysts learned that it wouldn't be a profitable acquisition, because the customers were not in the appropriate market segment and offered limited growth potential.

"Business user accessibility to the data and analytic tools must keep pace with the demands of our business," said Renee DePalo, manager, Information Management and Business Insights, Pharmaceutical Segment, Cardinal Health. "The data lab within our Teradata data warehouse is accelerating our ability to turn big data into meaningful, valuable business insights for our internal customers."

The Teradata Data Lab simplifies implementation, governance, and management, and alerts the database administrators when it approaches expiration dates, or space limitations. It is subject to workload management criteria, which ensures that rogue or complex queries don't impact warehouse production users. From design to implementation, Teradata Professional Services help guide optimal results every step of the way.

Relevant Links

1. Teradata Magazine, Freedom to Explore, Gary Ryback

http://www.teradatamagazine.com/v11n0...

2. Customer Success: Bouygues Telecom: The Intelligence Telecommunications Company

http://www.teradata.com/case-studies/...

3. Hunt for Customer Insight - Cabelas Agile

Analyticshttp://www.teradatamagazine.com/v10n0...

4. BSI episode: Fragrant Sleeper

Hithttp://www.youtube.com/watch?v=XnYkQ9...

About Teradata

Teradata (NYSE: TDC) is the world's leading analytic data solutions company focused on integrated data warehousing, big data analytics, and business applications. Teradata's innovative products and services empower organizations to integrate, analyze and profit from data for competitive advantage. Visit teradata.com for details.

Get to know Teradata:Twitter: https://twitter.com/teradatanews Facebook: http://www.facebook.com/Teradata YouTube: http://www.youtube.com/user/teradata LinkedIn: http://www.linkedin.com/company/terad...

Teradata is a trademark or registered trademark of Teradata Corporation in the United States and other countries.


View the original article here