BURLINGTON, Massachusetts,
July 19, 2016 /PRNewswire/ --
Attunity Ltd. (NASDAQ: ATTU), a leading provider of Big
Data management software solutions, announced today that a global
corporation (the "Company") has chosen Attunity Replicate for
Hadoop as a strategic technology to enable large-scale data ingest
for the Company's corporate data lake and for customer analytics
projects.
Through the agreement with the Company, Attunity will generate
more than $4 million as license and
support fees over a period of 3 years. The agreement includes
expansion opportunities for other data sources for additional
consideration.
Driven by its customer analytics projects, the Company
formulated a new Big Data strategy that required them to move large
volumes of business data into a single platform. Given the cost of
traditional data platforms and the large volumes of data, the
Company decided to build a data lake based on Hadoop. The Company
was then challenged to find a method to ingest data from thousands
of data sources to the data lake in an efficient and productive
manner while minimizing the burden on operations.
After a competitive selection process, the Company chose
Attunity Replicate for Hadoop due to its end-to-end automation and
zero-footprint architecture. Those innovative capabilities
accelerate implementation and eliminate the burden and complexity
of installing software on every source system, which is required by
competitive solutions. This ultimately results in significant
lowering of the "Total Cost of Ownership" and accelerated time to
insight.
"Big Data Analytics and Hadoop are changing the landscape of
data management as the world's largest companies build solutions
that store and analyze extremely large volumes of data. We believe
Attunity is uniquely positioned to align with the critical needs
and challenges presented by these large-scale initiatives,
leveraging our innovative product suite to support this class of
customers and projects," said Shimon Alon, Chairman and Chief Executive
Officer at Attunity. "Being selected by this customer for such
a large- scale global enterprise initiative demonstrates our
ability to provide competitive and reliable solutions that enable
this new class of Big Data management solutions. We aim to
continue to serve as a strategic vendor to large organizations for
enterprise-wide deployments, which, in this case, resulted in a
lucrative, long-term, multi-million dollar contract."
About Attunity
Attunity is a leading provider of Big Data management software
solutions that enable access, management, sharing and distribution
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
communities 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 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. For example,
when we say that we believe Attunity is uniquely positioned to
align with the critical needs and challenges presented by large
scale initiatives, we are using a forward-looking statement.
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: our
reliance on strategic relationships with our distributors, OEM and
VAR partners, and on our other significant customers; risks and
uncertainties relating to acquisitions, including costs and
difficulties related to integration of acquired businesses; timely
availability and customer acceptance of Attunity's new and existing
products, including Attunity Maestro; 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; 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 2016. 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.
Press contacts:
Melissa Kolodziej, Sr. Director of
Marketing Communications, Attunity
melissa.kolodziej@attunity.com
Tel. +1-603-305-3664
SOURCE Attunity Ltd.