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June 22nd, 2011
Vertica Accelerates Big Data Analytics with Vertica 5.0

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Vertica, an HP Company announced availability of Vertica 5.0, the latest version of the Vertica Analytics Platform, which offers greatly improved flexibility and real-time performance for customers’ most demanding business intelligence and analytic workloads.

The Vertica Analytics Platform analyzes data on a massive scale, with several customers analyzing more than a petabyte of data in real time. Vertica 5.0 delivers improved flexibility, extensibility and performance in how users analyze and manage their business-critical information by providing a software development kit (SDK). The kit provides the ability to customize and insert customer- and use case-specific query logic into the Vertica database for fully parallel execution.

“Catastrophic risk management is facing exploding demand for very large scale data sets to be analyzed quasi-real time through ever more complex algorithms,” said Philippe Stephan, chief technology officer at Risk Management Solutions (RMS), a leading provider of risk solutions for financial institutions. “RMS’ answer to this perfect storm relies on Vertica 5.0 and the SDK, resulting in phenomenal data and algorithmic scalability for the benefit of our most demanding customers.”