Syntel to Offer Integration Services for Netezza Platform Along With
Existing Portfolio of Business Intelligence Services
TROY, Mich., Dec. 3, 2009 (GLOBE NEWSWIRE) — Syntel (Nasdaq:SYNT), a global
information technology services and Knowledge Process Outsourcing (KPO)
firm, today announced an agreement with Netezza Corporation (NYSE:NZ), the
global leader in data warehouse and analytic appliances, to deliver
high-performance data warehousing and business intelligence solutions.
Syntel will offer system integration services for the Netezza platform along
with its existing portfolio of data warehousing and business intelligence
services. Syntel’s Data Warehousing and Business Intelligence Center of
Excellence offers services including assessment, product and architecture
selection, product implementation, data modeling, Enterprise Data
Management, data mining, and migration services.
“Syntel represents a key relationship for Netezza as an implementation and
integration partner,” said Kim Strayer, account executive of partner
alliances at Netezza. “Syntel has an excellent track record of executing
large-scale data warehousing projects for their customers and our
high-performance appliances like the Netezza(R) TwinFin(TM) appliance are an
excellent fit for Syntel’s suite of services.”
The Netezza data warehouse appliance is built specifically to analyze
petabytes of detailed data significantly faster than existing data warehouse
options, at a much lower total cost of ownership. It stores, filters and
processes terabytes of records within a single unit, analyzing only the
relevant information for each query.
“Netezza’s data warehousing appliance is a powerful tool for today’s
enterprises to increase the throughput, speed and scalability of data
intensive operations,” said Syntel CEO Keshav Murugesh. “Today’s companies
can gain a real competitive advantage by leveraging their data assets, and
we are confident that Netezza’s products will give our clients an edge in
the marketplace.”
About Netezza Corporation
Netezza Corporation (NYSE:NZ) is the global leader in data warehouse and
analytic appliances that dramatically simplify high-performance analytics
across an extended enterprise. Netezza’s technology enables organizations to
process enormous amounts of captured data at exceptional speed, providing a
significant competitive and operational advantage in today’s data-intensive
industries, including digital media, energy, financial services, government,
health and life sciences, retail and telecommunications. Netezza is
headquartered in Marlborough, Massachusetts and has offices in Northern
Virginia, the United Kingdom, Germany, France, Japan, Korea, Australia and
Singapore.
For more information about Netezza, please visit www.netezza.com.
About Syntel
Syntel (Nasdaq:SYNT) is a leading global provider of integrated information
technology and Knowledge Process Outsourcing (KPO) solutions spanning the
entire lifecycle of business and information systems and processes. The
Company is driven by its mission to create new opportunities for clients by
harnessing the passion, talent and innovation of Syntel employees worldwide.
Syntel leverages dedicated Centers of Excellence, a flexible Global Delivery
Model, and a strong track record of building collaborative client
partnerships to create sustainable business advantage for Global 2000
organizations. Recently named one of the “50 Best Managed Global Outsourcing
Vendors” by The Black Book of Outsourcing, Syntel is assessed at SEI CMMi
Level 5, and is ISO 27001 and ISO 9001:2000 certified. As of September 30,
2009, Syntel employed more than 11,400 people worldwide. To learn more,
visit us at: www.syntelinc.com.
Safe Harbor Provision
This news release includes forward-looking statements, including with
respect to the future level of business for Syntel, Inc. These statements
are necessarily subject to risk and uncertainty. Actual results could differ
materially from those projected in these forward-looking statements as a
result of certain risk factors set forth in the Company’s Annual Form 10-K
document dated March 12, 2009 and the Company’s Quarterly Report on Form
10-Q for the period ending September 30, 2009.
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