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Thinking Inside the Box

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"You stay classy, San Diego." -- Ron Burgundy (Will Ferrell) in "Anchorman" (2004)Will Ferrell Anchorman.gif


This morning a few others from the Netezza Marketing and Product Management teams and I are ensconced by the Marina in sunny San Diego, CA for the TDWI World Conference and for an news announcement or two. And who better to bring us "Breaking News!" than the Number 1 newsman in all of San Diego, Ron Burgundy. [For those of you who might have been "hoping for more" from Ron in a quote about San Diego, you can check out the IMDB database for some great ones, including Ron's own historical (and hysterical) etymology for the city's name.]


BANNER_TwinFin_3.gif

 

Though it’s not exactly a state-secret at this point, today we’re launching the 4th generation of Netezza data warehouse and analytic appliances and the first of four initial product lines in it: TwinFin™.

 

TwinFin logo name.jpg

Some of the core characteristics of the TwinFin and the overall platform are:

  • Resetting Netezza’s price-performance leadership position in the market and extending Netezza’s performance lead;
  • Disrupting the competitive data warehouse market among the incumbents, just as we did with our initial systems in 2003/’04;
  • Moving to a commercially-available, blade-based server and storage platform; and
  • Opening Netezza’s aperture on the broader market with a multi-product platform design to match customers’ data warehouse and analytics needs across their enterprise


After the market disruption Netezza caused with the introduction of the NPS® in 2003 and since, we have seen the entry of dozens of new startups in our wake and virtually every major incumbent data warehouse vendor has retooled its portfolio to include a “response” to the Data Warehouse Appliance (DWA) in a suddenly reenergized market. Several of them, to their credit, have advanced their value propositions and improved their competitive position.


TwinFin Board Image.gifNow it is Netezza’s time once again. With the introduction of TwinFin and the other members of the new family of products, Netezza is once again changing the game; widening the applicability of our systems to more types of customers, applications and partners in the market.

As stated in
my response to Curt Monash, my response to Curt Monash last week, we think of this 4th generation of the Netezza appliance as using “the same architecture with a new physical implementation”. Starting with TwinFin, we moved to a commodity blade-server based system framework, but one that still uses Netezza’s “secret sauce” to deliver as much as a 5X increase in performance over the previous generation of Netezza systems, namely:

· our balanced design and streaming architecture;

· the use of Field Programmable Gate Array (FPGA) technology as a query processing “turbocharger”; and

· our advanced MPP management and optimization software.

 

And there are more innovations and performance gains on the way! TwinFin, quite simply, will serve as a platform for expanding Netezza’s performance and price-performance advantage in the industry and as the basis for advancing the state-of-the-art for in-database, analytically intensive data processing; all without sacrificing any of the appliance simplicity with which our company is synonymous.

As
a couple of us said last week, Netezza has served as “the benchmark” for high-performance DWA pricing in the industry and we are now leading “the market in pivoting to a new competitive price-performance level”. With these new systems, we have embraced a trend that has been happening around the industry – the movement of marginal cost of a bit of disk storage toward $0 – with system-sizing, pricing and even system numbering focused on the performance delivered by a given platform.

 

We think the net effect of the new, simplified pricing structure for TwinFin and the other members of the Netezza product family will create a major disruption in the market. With starting (US-based) prices that equate to under $20,000 per terabyte, TwinFin’s list price is a fraction of other competitors’ performance-system pricing (after they’re all done playing price-obfuscation games around mirror, swap and index storage).

 

TwinFin and the other new Netezza data and analytic appliance products give us the opportunity to continue to lead the market and provide our customers with the best value and performance possible for all of their data warehouse and analytic processing needs. Netezza TwinFin - because two fins are faster than one.

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"Don't be afraid to try the greatest sport around

(catch a wave, catch a wave)
Everybody tries it once
Those who don't just have to put it down
You paddle out turn around and raise
And baby that's all there is to the coastline craze
You gotta catch a wave and you're sittin' on top of the world"
– from "Catch a Wave" by The Beach Boys (1963)

Surf's up! Summer seems to finally have arrived in the Boston area and a number of vendors in the data warehousing and analytics space are hoping to catch a wave riding on a flurry of industry announcements. A few trends continue to build in the news:

 

  1. Data sizes continue to grow alongside the pressure to increase performance & shrink data latencies;
  2. Workload complexity and user counts continue to grow;
  3. More and more, customers are seeing the value of running advanced analytical processing directly in their primary data repository (see item #1 for reasons why); and
  4. Industry prices for data warehousing and analytics have begun another shift downward.


Today I'd like to address this last point. According to more than one industry analyst, over the last several years, Netezza has served as "the benchmark" for DWA pricing in the industry. Several of our competitors have sought to match and/or undercut Netezza pricing in the market. Some of the incumbent players have tried to, with very limited success, hinge their pricing off Netezza prices, match the performance of the Netezza Performance Server® system, or inoculate their pricey "flagship" products by adding less-expensive, feature-deficient products to their portfolio. But Netezza has continued to succeed in the marketplace, becoming a profitable, publicly-traded company with nearly 300 customers and 400 employees worldwide and one that is listed among the "Leaders" in the Gartner Magic Quadrant.

 

When we disrupted the data warehousing market with our first generation product in 2003 and 2004, Netezza was one of very few startups in an otherwise moribund industry. Now, with established "street cred" and hundreds of loyal customers, we intend to once again upset our competitors and lead the market in pivoting to a new competitive price-performance level. We're about to launch the fourth generation platform of our data warehouse and analytic appliances, which will advance Netezza's performance leadership and once again establish a new price-performance benchmark.

 

Admittedly, we won't be the first vendor offering high-performance data warehouse systems to move to a lower pricing plateau. That task is usually done by early-stage start-ups looking to find a way to differentiate themselves. True to form, Dataupia probably can claim establishing a lower price point first and recently another multiyear "start-up" has also started lower. But those are offerings from very modestly-sized startups with no established market "track record". Netezza will be the first company with proven product maturity, customer base and financial viability to do so.

 

Just how and what are we doing to cause this disruption? Well, let's just say things around the "briefing table" have been quite hectic, and that I and others will have more news about that to follow shortly.

 

[As you might imagine, it's been getting more and more difficult to keep things under wraps – in recent weeks we've even had to fight people off from getting early "sneak peeks". ]

 

Until then hey, it's summertime! So here's what I'd recommend –

 

"So take a lesson from a top-notch surfer boy

(catch a wave, catch a wave)
Get yourself a big board
But don't you treat it like a toy
Just get away from the shady turf
And baby go catch some rays on the sunny surf
And when you catch a wave you'll be sittin' on top of the world


Catch a wave and you'll be sittin' on top of the world"

 

 

Twin Fin: A short board (usually 5'8" - 6'8") with a wide tail for maneuverability and a fin near each rail for stability in radical turns.

 

Purpose: A wider tail area provides more planing area and lift, which creates more speed by efficiently utilizing wave energy. Milking speed and energy from smart surf with extremely sensitive and responsive turning ability are this design's strong points

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