Software vendor Kalido is preparing to launch the next version of its data warehouse lifecycle management (DWLM) suite.
The company aims to reduce the cost of data warehousing and master data management for businesses with a common approach to rapidly changing and distributed data.
Kalido founder and chief strategist Andy Hayler explained that the company sits between the enterprise application integration and the extract, transform and load (ETL) and business intelligence vendors.
"Business intelligence and ETL vendors will have difficulty in fully addressing this space without a business engine," he said. "Ascential and Business Objects would not [otherwise] be partnering with us."
Kalido is planning to release a second product to complement its DWLM suite to address the management of master reference data.
"[Customers] have been telling us that master data management is a big deal," said Hayler.
"It was not popular last year, but now every vendor has its own version. [Kalido's] is a workflow engine around our patented [data warehousing] storage engine."
Hayler added that the firm is looking to add major new features to its DWLM product every 18 months to two years, with an interim upgrade also available.
The current version, 7.1, is due to be replaced by version 8.0 in June, with an intermediate (version 8.1) in the first or second quarter of 2005.
Ian Charlesworth, senior research analyst at Butler Group, said: "Kalido has a relatively good product for data management with rapidly changing data needs.
"[But] if you have multiple vendors involved it can be hard to point the finger of blame if something goes wrong.
"The overall combination of Kalido and its partners sounds good, but I wonder if Kalido will be squeezed."
Hayler insisted that the company had no intention of being acquired, and that its venture capital investors are targeting an initial public offer in the future.
Robot can assemble Ikea furniture in under 10 minutes - several hours less than the average human
Researchers claim to be one step closer to developing flexible screen televisions, tablets and phones
Thanks to the creation of an ultrafast, nanoscale transistor
The 'first demonstration' of a scalable method for manufacturing graphene
Lifted off on a SpaceX Falcon 9 rocket today following postponement on Monday