Feb 24, 2009 (05:02 AM EST)
Sybase Upgrades Its Analytic Server IQ 15
Read the Original Article at InformationWeek
Sybase has announced Sybase IQ Analytic Server 15, the next version of its column-oriented business intelligence engine, with new tools for data monitoring and management, as it comes off a strong fiscal year powered by mobile database and IQ Server sales.
Raj Nathan, chief marketing officer at Sybase, said in the announcement that the new version scales more readily across a grid of commodity hardware. It includes enhanced query algorithms for improved speed of query execution. IQ 15 is scheduled to be available on March 31.
While column-oriented databases are fast at retrieving similar information stacked in columns, they can also be slow to load data. IQ 15 can load data across multiple nodes simultaneously for improved performance in shared-disk, multiplexed grid environments.
IQ 15 also includes new tools and utilities for improving usability and management of the analytic database that aid deployment and monitoring capabilities, Nathan explained in the announcement Monday.
For improved security, the system now uses FIPS-certified encryption algorithms (the federal standard), Kerberos-based authentication, and user-determined passwords.
In a blog post Feb.22, product manager Joydeep Das said the company's column-oriented system IQ 15 now has 1,500 active customers, after adding 200 in 2008. Those customers use 3,000 systems in data warehouses and analytical projects, he wrote. The new version was unveiled at TDWI, the Data Warehousing Institute Conference, which began Monday in Las Vegas.
Sybase is executing the IQ upgrade as it comes off the first quarter in its history that yielded more than $300 million in revenue. It ended 2008 with surprising strength in its iAnywhere mobile databases.
Sybase leads the market for the sixth consecutive year in the sale of mobile systems. IQ is a leading column-oriented system whose main competition comes from startups, such as Vertica. Sybase charges less per terabyte of data, $18,000 to $20,000, per system than Vertica, which charges $100,000 per terabyte.
At the close of its fourth quarter, which ended Dec. 31, Sybase turned in a year with revenue of $1.13 billion, up 10%; its operating income was $210 million for the year. Operating margins were 19%, with $1.64 earnings per share. New license revenue was up 11% at 383.7 million with database revenue, its core business, up 28%, according to chairman and CEO John Chen in his fourth-quarter report Jan. 28.
Sybase is projecting slowing sales growth and slightly more total revenue in 2009 than 2008, or $1.14 billion for the year to come, Chen said.