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Technology Stocks : SNDT - Sand Technology - A diamond in the sand

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To: Sleeper who wrote (1127)9/21/1999 8:51:00 AM
From: let  Read Replies (1) of 1200
 
This announcement is worth our time guys !

Sand Technology Systems International: NucleusGets the Thumbs Up From Arthur Andersen

September 21, 1999 08:24 AM
MONTREAL--(BUSINESS WIRE)--Sept. 21, 1999--SANDSNDT Nucleus, the award winning set of data warehousing tools from Sand Technology Systems International Inc. SNDT , has been chosen by Arthur Andersen, the global professional services organisation, to help clients understand their customer data.

"At Arthur Andersen we help companies determine products that can define smaller and smaller groups of customers, and in the end tailor products to an individual, personal level," explains David Stone, business consultant at Arthur Andersen. "Nucleus will be used to extract, cleanse and transform our clients' data to make it susceptible to information management.

"Historically, a computer system has not been installed to provide a holistic view of a business, however, we are confident that Nucleus does the job as an enabler of a more holistic report. With Nucleus, Arthur Andersen aims to help clients to understand their customer data and transform it into information that they can then use to compete in the marketplace."

Arthur Ritchie, President and Chief Executive Officer, added: "The fact that Arthur Andersen is using Nucleus to analyse its client data proves the flexibility, durability and reliability of our product as it will have to cope with a diverse range of data types across almost any industry."

"For example, in the financial sector customer accounts can be held on six different systems so the development and application of business rules is a key step and one where the power of Nucleus will come to the fore. Nucleus is not only highly cost effective, it enables the creation and recreation of data marts in days as opposed to years, and has more analytical power than most top-end solutions."

Nucleus comprises two tools. Nucleus Exploration Warehouse is a prototyping and development facility for data warehouse designers that allows fast and simple data acquisition, assimilation, and validation. It allows warehouse development to be completed within days, instead of the typical months or even years, and requires up to 70 per cent less manpower to complete a typical implementation. Further, using the Nucleus Exploration Warehouse, end users have access to the data throughout the process to allow required business questions to be structured from day one.

Nucleus Exploration Mart is a powerful analytical processing tool for end users of existing data marts and warehouses. This product addresses the need to perform iterative, ad hoc, forensic queries of data, involving drill down often not envisioned during the original design of the data warehouse/mart. The patented data storage techniques of Nucleus allow any question to be asked and answered in seconds or minutes instead of hours or days.

Nucleus has already received a succession of prestigious awards and was voted the 1998 World Class Solution, Database Engine of the Year for data warehousing and data mart by DM Review, North America's leading business intelligence and data warehousing magazine.

Nucleus is available for both 64-bit Unix and 32-bit Windows NT and 95/98 platforms.

About Arthur Andersen

Arthur Andersen is a global professional services organisation consisting of over 100 member firms in 81 countries. Its more than 70,000 people are united by a single worldwide operating structure and a common culture that fosters innovation, knowledge sharing and quality service. This unique "one-firm" approach qualifies the people of Arthur Andersen to serve clients by bringing together any of more than 40 services in a way that transcends geographic borders and organisational lines.

Arthur Andersen's people provide effective business solutions to more than 100,000 clients around the world. Since its beginning in 1913, Arthur Andersen has realised 85 years of uninterrupted growth. With revenues over $6 billion, it stands today as a world leader in professional services. Arthur Andersen is a business unit of Andersen Worldwide.

About Sand Technology

Sand Technology Systems International Inc. provides high performance, scaleable software solutions for data mining, data marts, data warehouses and online analytical processing (OLAP). Sand's Nucleus product suite brings patented technology to the business user allowing for more timely and accurate decision processing within the disconnected client, desktop, workgroup, departmental and enterprise computing environments. Supporting industries like retail, finance, healthcare, transportation, telecommunication, manufacturing, government and insurance, Nucleus is used for corporate initiatives such as customer relationship management, risk analysis and management, product trend and profitability analysis, fraud detection, emerging markets, competitive analysis and quality control. Sand has commercial relationships with IBM, Compaq Computer Corporation, Microsoft, Hitachi Data Systems, SAIC, GE, Brio Technology Information Builders Inc., and Wyle Systems. Sand Technology can be reached on the World Wide Web at sandtechnology.com.

All Rights Reserved. Nucleus, N-Vector, Nucleus Server are registered trademarks of Sand Technology Systems International Inc. and Nucleus Exploration Mart, Nucleus Exploration Warehouse and Nucleus Virtual Database are trademarks of Sand Technology Systems International Inc. Other trademarks are the property of their respective owners.




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