BURLINGTON, MA– October 23, 2012 - Attunity Ltd. (NASDAQ: ATTU), a leading provider of information availability software solutions, announced today that it has partnered with Teradata, one of the world’s leading analytic data solutions companies, to offer Attunity Replicate for Teradata, a Big Data replication solution designed to enable loading of heterogeneous data to Teradata with high performance, efficiency and ease-of-use. Attunity is currently collaborating with Teradata to optimize the Attunity Replicate for Teradata solution, which will be introduced at Attunity Booth #112 during the Teradata Partners Conference in Washington, DC, occurring October 22-24, 2012.
According to market research firm IDC, the business analytics market grew 14% in 2011 and will hit $50.7 billion in 2016, driven by Big Data. And, by IDC’s estimates, one of the top segments of the worldwide business analytics software market is the business intelligence and analytic tools segment, which grew 13.2% in 2011 year over year since 2007.1
While the market growth prediction is impressive, the fact remains that organizations today continue to struggle with the challenge of moving Big Data. This is because loading Big Data to data warehouses in support of Big Data analytics is often complicated, expensive and time-consuming. This Big Data bottleneck can significantly limit a company’s productivity and competitive edge, so using technologies that are optimized for moving Big Data is of paramount importance.
“Big Data Analytics has become a significant enabler for business success. Organizations are looking for solutions that can quickly and efficiently process a variety of data and handle volumes that are growing at unprecedented rates,” explains Itamar Ankorion, Vice President Business Development and Corporate Strategy at Attunity. “By partnering with Teradata, we enable organizations to capitalize on Big Data analytics. We believe that Attunity Replicate is the cost-effective solution for moving the data that moves your business.”
Attunity is a leading provider of information availability software solutions that enable access, sharing and distribution of data, including Big Data, across heterogeneous enterprise platforms, organizations, and the cloud. Our software solutions include data replication, change data capture (CDC), data connectivity, enterprise file replication (EFR) and managed-file-transfer (MFT). Using Attunity’s software solutions, our customers enjoy significant business benefits by enabling real-time access and availability of data and files where and when needed, across the maze of heterogeneous systems making up today’s IT environment.
Attunity has supplied innovative software solutions to its enterprise-class customers for nearly 20 years and has successful deployments at thousands of organizations worldwide. Attunity provides software directly and indirectly through a number of partners such as Microsoft, Oracle, IBM and HP. Headquartered in Boston, Attunity serves its customers via offices in North America, Europe, and Asia Pacific and through a network of local partners. For more information, visit www.attunity.com or our In Tune blog and join our community on Twitter, Facebook, LinkedIn and YouTube.
Safe Harbor Statement
This press release contains market data and industry forecasts that were obtained from industry publications. We believe that these market data and industry forecasts are reliable; however, we have not independently verified such information.
This press release also contains forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 and other Federal Securities laws. Statements preceded by, followed by, or that otherwise include the words "believes", "expects", "anticipates", "intends", "estimates", "plans", and similar expressions or future or conditional verbs such as "will", "should", "would", "may" and "could" are generally forward-looking in nature and not historical facts. Because such statements deal with future events, they are subject to various risks and uncertainties and actual results could differ materially from Attunity’s current expectations.
Factors that could cause or contribute to such differences include, but are not limited to: risks and uncertainties relating to the acquisition of RepliWeb, including costs and difficulties related to integration of acquired businesses, the combined companies’ financial results and performance, and ability to repay debt and timing thereof; our liquidity challenges and the need to raise additional capital in the future; market acceptance of the Attunity Replicate and the development of a market for such product; timely availability and customer acceptance of Attunity’s new and existing products; any unforeseen developmental or technological difficulties with regard to Attunity’s products; changes in the competitive landscape, including new competitors or the impact of competitive pricing and products; a shift in demand for products such as Attunity’s products; unknown factors affecting third parties with which Attunity has formed business alliances; the impact on revenues of economic and political uncertainties and weaknesses in various regions of the world, including the commencement or escalation of hostilities or acts of terrorism; and other factors and risks on which Attunity may have little or no control. This list is intended to identify only certain of the principal factors that could cause actual results to differ.
For a more detailed description of the risks and uncertainties affecting Attunity, reference is made to Attunity’s latest Annual Report on Form 20-F/A, which is on file with the Securities and Exchange Commission (SEC) and the other risk factors discussed from time to time by Attunity in reports filed or furnished to the SEC. Except as otherwise required by law, Attunity undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
© Attunity 2012. All Rights Reserved. Attunity is a registered trademark of Attunity Inc. All other product and company names herein may be trademarks of their respective owners.
Melissa Kolodziej, Director of Marketing Communications, Attunity