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Features - Financial Plays Of The Week:KXEN ENTERS INTO TECHNOLOGY AGREEMENT WITH TERADATAKXEN Inc has announced a technology partner agreement with Teradata, a division of NCR Corporation. The agreement means that KXEN has access to Teradata's latest product offerings and will continue to integrate both companies' best in class technologies. KXEN's Analytic Framework offers enhancing, unique features that leverage and optimize Teradata data warehouse solutions. KXEN delivers powerful predictive and descriptive analytic software. Based on a new and revolutionary mathematical approach, called Statistical Learning Theory, KXEN builds precise, accurate data models in a fraction of the time of traditional technologies. For Teradata customers, this partnership offers new analytical capabilities for business users. KXEN taps the Teradata database to identify key drivers and build fast, reliable models for business questions that they couldn't afford to model in the past. Data mining professionals will continue to use Teradata Warehouse Miner to build and deploy production data models based on the results of KXEN. Ken Reed, associate partner, Accenture Customer Insight Practice, had these comments, "We have standardized on KXEN as the preferred tool for data mining applications. We have chosen Teradata as the core technology for our CRM laboratory and have a strong partnership with Teradata. We strongly support a tight relationship between Teradata and KXEN." Roger Haddad, CEO, KXEN, said, "For the third consecutive year, Teradata has been named as the overall leader in the Gartner Data Warehouse Application Server Evaluation Model. Together, KXEN and Teradata's synergy will accelerate ROI and increase the value that customers get from their Teradata investment." About KXENKXEN (Knowledge eXtraction ENgines) is a global software company that provides advanced analytics for business decision-makers and data mining professionals. KXEN's powerful modeling technology transforms data quickly and easily into knowledge resulting in better everyday business decisions. KXEN partners with leading systems integrators and original equipment manufacturers to integrate analytic software components into enterprise applications and business processes. KXEN offers a state-of-the-art suite of predictive and descriptive modeling engines for scoring, classification and clustering, based on Vapnik's Statistical Learning Theory. KXEN is headquartered in San Francisco, CA, with Research and Development facilities in Paris, France and additional offices throughout the US and Europe. Visit the KXEN Website at www.kxen.com. About Teradata Division Teradata, a division of NCR Corporation, is the global leader in enterprise data warehousing and enterprise analytic technologies and services. For more information, visit www.teradata.com. |
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