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GoodData scales cloud analytics platform with HP Vertica

26/06/2014 by


Cloud analytics rising star GoodData has signed up as a customer of HP Vertica to better address the performance and scalability requirements of enterprise customers amid increasing demand for its service. The deal represents a notable development in HP’s partner ecosystem, garnering support during a turbulent time of reorganisation.

Vertica is a high-performance columnar database built to handle large amounts of data that Hewlett-Packard obtained in the acquisition of Vertica Systems in 2011. The platform is a cornerstone of the vendor’s long-term software strategy and is among the handful of businesses where it is seeing tangible revenue growth, albeit from a small base. As a result, every new client counts, especially if it’s on as aggressive a trajectory as GoodData.

The venture-backed startup reported that it doubled the size of its customer base last year and generated $78 million in sales, according to Wikibon research. Approximately one-third of those sales came from Big Data projects. Its recently introduced Open Analytics Platform, which is available both in the cloud and on-premise, provides a comprehensive set of services spanning the entire analytics lifecycle, from the initial collection phase to data processing, visualization and business intelligence.

GoodData claims that migrating from the unnamed traditional data warehouse to Vertica will lead to performance improvements, with some queries now being executed orders of magnitude faster then before and dashboards and reports seeing  dramatic improvements as well.

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