BURLINGTON, Massachusetts, June 7, 2017 /PRNewswire/ --
Attunity Ltd. (NASDAQ: ATTU), a leading provider of data integration and Big Data management software solutions, announced today that Verizon Data Services uses Attunity Replicate for SAP to deliver data in real-time from its SAP systems to its financial reporting and analytics data lake on Hadoop. The real-time Attunity offering, being highlighted by Verizon in two upcoming presentations, provides universal data ingestion and replication from several business systems at Verizon including SAP. The solution delivers data continuously and makes it available for analytic processing in a Hortonworks data lake platform. This creates a
consolidated and central repository for financial reporting and analytics across the business, improving overall business insights. Arvind Rajagopalan, Director, Global Technology Services (GTS) at Verizon, will present the real-time data for analytics solution this week in a webinar on June 8, as well as in a session on June 15 at the DataWorks Summit 2017 in San Jose, CA.
As one of the largest providers of information technology services in the world, Verizon is a multi-billion dollar company that ranks 13th on the Fortune 500 and has over 161,000 employees. It offers Internet protocol, data, voice, and wireless communication solutions to both businesses and federal government agencies. To increase efficiency with their financial reporting, Verizon's business leaders knew that they needed more in-depth understanding and knowledge of its financial data. In response, Verizon's Global Technology Services (GTS) team decided to create new reporting and analytical tools, and select a real-time data ingest solution that would enable them to move data from several sources into a Hortonworks data lake for business intelligence in real-time.
Verizon's financial IT landscape, consisting of two separate SAP ERP systems as well as a PeopleSoft system, delivers financial information and business transactions across the enterprise. Ingesting this information in real-time into the Hadoop data lake proved challenging from an integration, performance, and implementation perspective. Verizon began to search for real-time Hadoop data integration solutions that could continuously capture data as it changes in SAP, including SAP's proprietary Pool and Cluster tables. The team discovered Attunity Replicate for SAP and found that it successfully met all their needs.
"Previously, getting data in real-time for our financial reports was very time-consuming and labor intensive," explained Arvind Rajagopalan, Director, Global Technology Services, at Verizon. "Using Attunity Replicate we can provide timely access to the SAP data in our data lake, which is invaluable to our financial analytics and modeling teams. They now have instant visibility for financial reporting across business lines - key to optimizing decision support, as well as being responsive to customers. We're also pleased to be able to simplify our architecture and eliminate middle-tier systems we previously used for significant cost savings and fewer developer resources required to manage data ingestion."
"We are proud to be a strategic partner to Verizon, a world market leader, to help them capitalize on the value of having timely data in a central data lake to support real-time analytics," stated Itamar Ankorion, Chief Marketing Officer at Attunity. "With Attunity Replicate's universal data ingestion capabilities, Verizon can benefit from expanding its solution to additional data sources and analytic platforms, and we are excited about the potential of enabling Verizon to discover more insights as they grow their corporate initiative."
Verizon offers Internet protocol, data, voice, and wireless communication solutions to both businesses and federal government agencies. Its holding company, Verizon Communications, Inc., headquartered in New York, NY, is ranked #13 in the Fortune 100 with $126B in revenue in 2016 and 161,000 employees worldwide. The company engages in the provision of broadband and communication services and operates through the Wireless and Wireline segments. The Wireless segment provides wireless communications services and products on a postpaid and prepaid basis which are provided to consumer, business, and government customers. The Wireless segment offers broadband video and data; corporate networking solutions; data center and cloud services; security and managed network services; and local & long distance
voice services. For more information, visit http://www.verizon.com.
Attunity is a leading provider of data integration and Big Data management software solutions that enable availability, delivery, and management of data across heterogeneous enterprise platforms, organizations, and the cloud. Our software solutions include data replication and distribution, test data management, change data capture (CDC), data connectivity, enterprise file replication (EFR), managed file transfer (MFT), data warehouse automation, data usage analytics, and cloud data delivery.
Attunity has supplied innovative software solutions to its enterprise-class customers for over 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 Hewlett Packard Enterprise. 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 http://www.attunity.com or our blog and join our community on
Twitter, Facebook, LinkedIn and YouTube.
Important Note: The announcement of any particular selection or implementation of Attunity products is not necessarily indicative of the timing of recognition of revenue therefrom or the level of revenue for any particular period.
Safe Harbor Statement
This press release contains forward-looking statements, including statements regarding the anticipated features and benefits of Replicate and Visibility Solutions, 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, expressed or implied by such forward-looking statements, 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 our history of operating losses and ability to achieve profitability; our reliance on strategic relationships with our distributors, OEM, VAR and "go-to-market" and other business partners, and on our other significant customers; risks and uncertainties relating to acquisitions, including costs and difficulties related to integration of acquired businesses; our ability to expand our business into the SAP market and the success of our Gold Client offering; timely availability and customer acceptance of Attunity's new and existing products, including Attunity Compose and Attunity Visibility; risks and uncertainties relating to fluctuations in our quarterly operating
results, which may not necessarily be indicative of future periods; 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; 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 as well as cyber-attacks; 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 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 with, 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 2017. 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, Senior Director of Marketing Communications, Attunity
SOURCE Attunity Ltd.