HPCwire: ParAccel, JasperSoft Build High Performance BI Solution

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May 14, 2008

ParAccel, JasperSoft Build High Performance BI Solution

CHICAGO, May 14 -- ParAccel, Inc., provider of the ParAccel Analytic Database, a high-speed, low-effort, columnar database management system, and JasperSoft Corporation, the market leader in open-source business intelligence (BI), today announced a partnership and plans to make available JasperSoft's Business Intelligence Suite for the ParAccel Analytic Database. The joint solution will provide customers with a flexible, open suite of analytic tools that deliver supercomputer-class performance. Customers will be able to perform complex, detailed analysis and reporting on multi-terabyte databases in seconds, leading to improved decision-making capabilities.

"Companies are looking for ways to decrease costs while continuing to innovate and evolve," said Claudia Imhoff, president of Intelligent Solutions. "The combination of a flexible, standards-based BI tool with a powerful cost-effective analytic database is unbeatable."

The ParAccel Analytic Database combines a columnar approach with massively parallel processing and patent-pending performance techniques. The JasperSoft Business Intelligence Suite provides integrated reporting and analysis and data integration so organizations can make faster, better decisions.

"The amount of enterprise data being generated is skyrocketing, and companies are being challenged to deliver information expediently, pervasively and efficiently. They need not only performance, but also tools to help them rapidly develop and flexibly deploy business intelligence capabilities throughout the enterprise," said Kim Stanick, ParAccel vice president of marketing. "JasperSoft's Business Intelligence Suite provides ParAccel customers with a complete set of open, portable BI solutions so they can more effectively deliver analytic and BI capabilities to a broader constituency."

"JasperSoft has been widely known as the leader in embedded and operational open source BI due to our open and pluggable architecture," said Jose Morales, JasperSoft vice president of business development. "Traditional, stand-alone BI is a strategic and fast-growing segment for JasperSoft. The price to performance ratio is a critical factor for our customers, and therefore we are pleased to work with ParAccel due to their superior analytic performance and tremendous value."

About JasperSoft Corporation

JasperSoft is the market leader in open source business intelligence (BI). With more than 3 million downloads worldwide and more than 8,000 commercial customers in 96 countries, JasperSoft offers the most widely used open source business intelligence software in the world. The JasperSoft Business Intelligence Suite is comprised of an interactive reporting server, graphical and ad hoc report design interfaces, OLAP analysis, an ETL tool for data integration, and a Java reporting library for use with either stand-alone or embedded business intelligence applications. JasperSoft is based in San Francisco and is backed by leading venture capital firms Morgenthaler Ventures, DCM, Partech International, Scale Venture Partners and SAP Ventures. More information is available at www.jaspersoft.com and www.jasperforge.org.

About ParAccel

ParAccel, Inc. is the proven leader in scalable analytic performance and price-performance. The ParAccel Analytic Database combines patent-pending innovations with a columnar, compressed, massively parallel, all-in-memory-capable architecture and is available as a virtual or packaged appliance on standard hardware from all major vendors. It can be implemented stand-alone, or as a drop-in accelerator to extend an existing SQL Server or Oracle investment. ParAccel's management team includes technical founders and industry veterans from noted data management companies Netezza, Oracle, Teradata, Gupta, SenSage, PointBase, and IBM. ParAccel recently shattered prior TPC-H benchmark performance and price-performance records at 100GB, 300GB and 1TB using a single configuration at each scale factor. ParAccel is headquartered in San Diego, Calif. For more information, contact info@paraccel.com or 866-903-0335, or visit www.paraccel.com.

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Source: JasperSoft Corp.; ParAccel, Inc.

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