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Volkswagen Financial Services Reduces Costs of SAP Data Warehouse Management with Nearline Solution from SAND


January 2007
 Filed under: VOLKSWAGEN CORPORATE Car News | VOLKSWAGEN CORPORATE Headlines

SAND/DNA Enables Highly Efficient Data Storage and Transparent Access to Data from SAP NetWeaver BI 2004s for Europe's Largest Provider of Automotive Financial Services

HAMBURG, Germany, Jan. 30 /PRNewswire/ -- Volkswagen Financial Services Aktiengesellschaft, a wholly owned subsidiary of Volkswagen Aktiengesellschaft and the largest provider of automotive financial services in Europe, has chosen to implement the SAND/DNATM nearline storage solution for SAP NetWeaver Business Intelligence Release 2004s (SAP NetWeaver BI 2004s). SAND Technology (BULLETIN BOARD: SNDTF.OB) is an international provider of solutions for intelligent information management for enterprise companies. The first customer worldwide to use the newest version of the SAP NetWeaver solution, Volkswagen Financial Services chose SAND/DNA for maximum nearline functionality enabling the company to store and effectively manage its rapidly growing volumes of data.
Certified for integration by SAP, the SAND software was developed to handle the increasing demands of data management that companies are experiencing as a result of their fast-growing SAP NetWeaver BI 2004s data warehouse solutions. Volkswagen Financial Services made the decision to invest in a nearline storage solution in January of 2005, when it determined that the approximately 2 terabytes of data it was currently warehousing would increase to roughly 10 terabytes by May of 2007.

"The solution we were looking for had to deliver relief for our existing system, cost-effective storage of our 'old data,' and transparent access to all of our data," said Adrian Bourcevet, responsible project manager in department I-SE4, Enterprise Management of the Information Technology Service Center at Volkswagen Financial Services Aktiengesellschaft. "Following an in-depth analysis of the marketplace in 2006, we decided to implement SAND/DNA. This solution addresses our needs perfectly."

The ability of SAND/DNA to compress selected data to an extremely high degree (approximately 90 percent on average) while making it available for use in reporting or as the basis for new DataStore objects or InfoCubes was the key factor in Volkswagen Financial Services' decision. The low total cost of ownership, due to the need for far less administrative support as compared with standard archiving solutions, was also very appealing.

"We are very pleased that Volkswagen Financial Services decided in favor of nearline storage with SAND/DNA for SAP NetWeaver BI 2004s," commented Roland Markowski, SAND Technology's managing director for central Europe. "This decision confirms our solution's ability to manage, provide rapid access to and store any volume of infrequently-used data extremely effectively as a fully integrated extension to SAP NetWeaver BI 2004s. SAND/DNA enables companies to reduce the total costs for users and supports their efforts to manage their rapidly growing data warehouses more efficiently."

Volkswagen Financial Services Aktiengesellschaft

Founded in 1994, Volkswagen Financial Services Aktiengesellschaft is a wholly owned subsidiary of Volkswagen Aktiengesellschaft and has its headquarters in Braunschweig, Germany. The company is responsible for coordinating the worldwide financial services activities of the Volkswagen Group. With its comprehensive range of financial services, Volkswagen Financial Services Aktiengesellschaft strengthens the link between its customers and its group brands, significantly contributing to the promotion and securing of group sales.

Volkswagen Financial Services Aktiengesellschaft is the largest automobile financial services provider in Europe. Total assets on December 31, 2005, reached 39.8 billion euros and approximately 4.2 million contracts. Presently, Volkswagen Financial Services Aktiengesellschaft has 4,968 employees worldwide, of which 3,595 work in Germany. Further information is available at http://www.vwfsag.de/ .

SAND Technology

SAND is an international provider of intelligent information management software. The SAND/DNA product suite scales to help any size enterprise cope with exploding data requirements, now and into the future. SAND/DNA Access allows for retaining all potentially relevant data in a tiny footprint while providing instant access to just what's required. SAND/DNA Analytics allows for complex what-if analysis to meet any planned and unplanned business need. Sharing SAND's patented "ask-anything" DNA, together they provide a just-in-time approach to data management with unparalleled productivity and cost-effectiveness.

SAND/DNA solutions include information management, CRM analytics, and specialized applications for government, healthcare, financial services, telecommunications, retail, transportation, and other business sectors.

SAND Technology has offices in the United States, Canada, the United Kingdom and Central Europe. For more information, visit http://www.sand.com/ .

NOTE: SAND Technology is a registered trademark, and SAND, SAND/DNA, SAND/DNA Access, and SAND/DNA Analytics are trademarks of SAND Technology Inc. All other product and service names mentioned are the trademarks of their respective companies.

Certain statements contained in this press release are "forward-looking statements" within the meaning of the United States Securities Act of 1933 and of the United States Securities Exchange Act of 1934. The forward-looking statements are intended to be subject to the safe harbor protection provided by these Acts. We have based these forward-looking statements on our current expectations and projections about future results, levels of activity, events, trends or plans. Such forward-looking statements are not guarantees and are subject to known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of SAND to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. All forward-looking statements included in this press release are based on current expectations and on information available to SAND on the date of this press release. For a more detailed discussion of these risks and uncertainties and other business risks, see SAND's current Annual Report and SAND's reports to the Securities and Exchange Commission. You are cautioned not to place undue reliance on forward- looking statements, which speak only as of the date made. We undertake no obligation to publicly release the result of any revision of these forward- looking statements to reflect events or circumstances after the date they are made or to reflect the occurrence of unanticipated events.

Source: SAND Technology Inc.

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