Endeca Latitude Expands the Reach of Agile BI Across the Enterprise
LONDON. – June 14, 2011 – Endeca Technologies, Inc., an agile information management software company, today announced the availability of Endeca Latitude® 2, the latest major release of the company’s enterprise agile business intelligence (BI) platform. Latitude 2 offers Global 2000 organisations a dramatic improvement in the quality of enterprise-wide decision making by increasing the agility of IT and accelerating the delivery of agile BI solutions that integrate diverse data sets, including the blending of structured enterprise data with unstructured content, such as information from social media sites.
With the release of Endeca Latitude 2, Endeca is defining and leading an agile BI market that is solving the new Big Data challenges facing businesses today: more variety of data, more change, and more users asking the unanticipated questions that directly affect immediate business performance.
Interactive analytic applications, which are characteristic of agile BI, are transforming the BI market. According to Gartner, “The increased proliferation of interactive visualisation tools, more integrated data mining and packaged analytic applications that encapsulate the complexity of using sophisticated BI analysis tools from business users, are all pushing the power of analysis into the hands of a larger number of users than ever before.”1
Latitude is already transforming business processes at many of the world’s most respected organisations. For example, Toyota Motor Sales (TMS), USA, Inc., recently recognised as a semifinalist in Gartner’s BI Excellence Awards2 and profiled in Computerworld, has benefitted from an enterprise approach that allowed IT and the business to rapidly collaborate on analytic application development. Using Endeca Latitude, TMS developed an application at 20 percent of the cost/time of typical data warehouse/reporting solutions that responded to the urgent need for greater visibility to a wide variety of quality information that encompassed more than 75 dimensions of interest. The solution empowers hundreds of engineers to quickly navigate from alerts to individual transactions correlated across numerous input systems and is expected to save hundreds of thousands of hours annually in “wait time” for information.
Latitude 2 Delivers More Power for IT
Latitude 2 introduces new technology in the Endeca MDEX Engine™, and key capabilities that accelerate the time to deploy agile BI solutions, including:
• 10x increase in query performance enables interactivity on bigger data sets and more complex analytics. Latitude 2 introduces a new analytical core designed for intra-query parallelism that fully utilises today’s multi-core processors. This capability builds on Latitude’s pre-existing inter-query parallelism that can support thousands of concurrent users. Benchmarks demonstrate a 16 core system computing interactive responses 10 times faster than a single core.
• Real-time analytics over diverse and changing data. Latitude now supports real-time data-driven schema changes, which allows its faceted data model to instantly update at run-time time as new information is added to Latitude with no IT intervention to reflect changes in the data sources, data attributes, and settings.
• Industry standard ETL integration. Customers and partners can now leverage previous IT investments with Latitude’s newly enhanced open Web services API that streamlines the loading of data into Latitude from industry-standard ETL products, including Informatica, Hadoop, and SOA-based services.
• Semantic layer foundation. Latitude 2 introduces the foundation for a next-generation semantic interface unlike the legacy semantic approaches of the past. This capability will further help strike a balance between the authority requirements of IT and the flexibility and control desired by business users. Included in this release are tools for business users to identify and group data elements and tools for IT to manage applications.
“Latitude is being recognised as a disruptive technology creating entirely new ways of working and driving dramatic gains in organisational performance and productivity,” said John Rueter, vice president of Latitude Marketing at Endeca. “Our MDEX Engine technology has already revolutionised the eCommerce market where diverse and changing data is a characteristic at the world’s largest online retailers. Endeca Latitude is increasingly seen in the same light because it is changing the way BI is done and transforming the way information is accessed and analysed across the enterprise.”
Endeca Latitude 2 is generally available today. To learn more, visit www.endeca.com, watch the Agile BI Video Series, or read Reinvent Your Business with Agile BI Infrastructure.
Gartner Magic Quadrant for Business Intelligence Platforms by Rita L. Sallam, James Richardson, John Hagerty, Bill Hostmann Publication Date: 27 January 2011
2Gartner Business Intelligence Summit in Los Angeles, May 2-4, 2011. The identification of a Gartner Award winner or semifinalist is not an endorsement by Gartner of any vendor, product or service.
Endeca is a leading provider of agile information management solutions that guide people to better decisions. Our software products, Endeca InFront™ and Endeca Latitude®, help people and organisations make better decisions despite constantly changing business needs and data integration requirements. Agile information management enables IT departments to adapt rapidly to diverse and changing information, while consistently helping end-users find the information they need and understand what they found. Endeca solutions are built on our MDEX Engine™ technology, a patented hybrid search analytical database. This innovation drives the industry leading Guided Navigation® user experience. Every day, Endeca’s solutions guide millions of users and thousands of businesses to faster and better use of information for decisions in life and work. Headquartered in Cambridge, Mass., Endeca has operations in North America, Europe, and Asia.
For more information: endeca.com, http://searchfacets.endeca.com/ or email@example.com
Senior Director, Corporate Marketing
Endeca, Endeca Latitude, Guided Navigation, InFront and MDEX Engine are trademarks or registered trademarks of Endeca Technologies, Inc. in the United States and other countries. All other product and company names and marks mentioned in this document are the property of their respective owners and are mentioned for identification purposes only.