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

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

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