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Business :- Data warehouse appliance

Listing :- New York  Stock Exchange (NYSE)

Symbol:- "NZ"

Overview

Valuations

Offer/Objects

The Offering ( can be change at last moment, subject to demand )

Common stock offered :-  9,000,000 shares of common stock par value $0.01

Common stock outstanding after this offering :-  55,631,079 shares of common stock par value $0.01 

Offer price range :- $09.00 and $11.00 per share

Overview/Business

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Business / Industry

Netezza is a leading provider of data warehouse appliances . Its product, the Netezza Performance Server, or NPS, integrates database, server and storage platforms in a purpose-built unit to enable detailed queries and analyses on large volumes of stored data. Netezza data warehouse appliance are specifically designed for analysis of terabytes of data, that is, it not only provides appliances for data storage but it provide a complete, compact and  easy to install solution by which its customers can store, access, analyze & sort their data in a faster, cost effective and easier way.

 

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Business/Industry outlook

 

The amount of data that is being generated and stored by organizations is growing and will continue to grow in future also. As the volume of data continues to grow, enterprises have recognized the value of analyzing such data to significantly improve their operations and competitive position. This increasing amount of data and importance of data analysis has led to heightened demand for data warehouses that provide the critical framework for data-driven enterprise decision-making and business intelligence.

 

Data warehouse business is growing at rapid pace and expected to keep or rather extend its pace in future. Netezza will be benefited from this growing demand and also will be benefited for replacement of traditional data wharehouse appliances.

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This article reflects personal view of the author about the company and one must read offer prospectus and consult its financial adviser before making any investment decision

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