Imtac signs partnership deal with Sybase

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The leading regional IT solutions and services company chooses Sybase IQ for their data warehousing initiatives for Banks and financial institutions.
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May 1, 2006 (Press Release) -- Dubai, United Arab Emirates, May 1, 2006: Imtac LLC, the leading regional IT Solutions and Services Company, today announced that they have signed a partnership deal with Sybase Products Middle East, the leading provider of enterprise infrastructure, information management and mobile software, to market Sybase IQ for their Data Warehousing initiatives for the Banking and Financial sector.

Speaking on the partnership, Mr. George Thomas, Practice Manager, Imtac LLC said, “We were looking for the best of breed solutions for our data warehousing initiatives. We evaluated various solutions in the market today and found Sybase IQ fitting our requirements. Sybase IQ delivers unsurpassed query performance, provides outstanding data compression, and offers the lowest total cost of ownership.”

“With this partnership, we will be able to help our banking customers achieve a high level of efficiency in managing risks and performance. This will also make integration of new software add-ons seamless and less tiresome." Mr. Thomas added.

Sybase is one of the largest global independent software companies, pioneering e-business solutions in enterprise integration, mobile and wireless, databases and development tools. Sybase IQ is a highly scalable analytical engine that combines extraordinary speed and agility with low total cost of ownership, enabling enterprises to perform analysis and reporting that was previously impossible, impractical, or cost-prohibitive. Sybase IQ delivers unsurpassed query performance and storage efficiency for structured and unstructured data. Unlike traditional databases, Sybase IQ is architected for analytics - not transactions - with a column-based structure and patented indexing that make it the pertinent choice for data warehousing.

“We are happy that Imtac will be our partner for data warehousing. Imtac’s choice of Sybase IQ, in preference to other data warehousing solutions, is a vote of confidence for us that our product is the best-of-breed and offers the best return on investment for the end customer. We are confident that Imtac’s customers will be extremely satisfied with the high level of efficiency and performance of Sybase IQ just like many others have over the years.” Mr. Hisham Malak, Channel and Marketing Manager, Sybase Products Middle East commented.

Imtac has over 22 years of diversified experience of providing turn-key IT solutions to customers in the Middle East. Imtac has implemented IT solutions for various Banks and Enterprises in the Middle East. Sybase Products Middle East and Imtac look forward to extend their relationship in the future to include more of the Sybase technologies and solutions that are currently offered to the banking and financial sector especially in the areas of datawarehousing, mobility, financial middleware and many others.



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Publisher: Nirmala D'souza/Oak Consulting




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