Vertica update
Another TDWI conference approaches. Not coincidentally, I had another Vertica briefing. Primary subjects included some embargoed stuff, plus (at my instigation) outsourced data marts. But I also had the opportunity to follow up on a couple of points from February’s briefing, namely:
Vertica has about 35 paying customers. That doesn’t sound like a lot more than they had a quarter ago, but first quarters can be slow.
Vertica’s list price is $150K/terabyte of user data. That sounds very high versus the competition. On the other hand, if you do the math versus what they told me a few months ago — average initial selling price $250K or less, multi-terabyte sites — it’s obvious that discounting is rampant, so I wouldn’t actually assume that Vertica is a high-priced alternative.
Vertica does stress several reasons for thinking its TCO is competitive. First, with all that compression and performance, they think their hardware costs are very modest. Second, with the self-tuning, they think their DBA costs are modest too. Finally, they charge only for deployed data; the software that stores copies of data for development and test is free.
May 8th, 2008 at 3:36 pm
So you think they mean $150K / TB compressed user data? So assuming 10:1 compression, that would be more like $15K / TB user data?
May 8th, 2008 at 10:58 pm
Nope. It’s definitely raw data.
CAM
May 9th, 2008 at 4:26 am
Around a year ago I spoke to Vertica hn behalf of a telco looking for a CDR warehouse. The pricing given then was subscription based - $20k/TB/year, again user-data not compressed. Is this new pricing a one-off cost plus maintenance on top?
May 9th, 2008 at 6:56 am
A few of the hardware-independent vendors offered subscription pricing in their beta phase, and technically probably still do. I’m sure Greenplum is in that set; I vaguely remember that ParAccel might be as well.
Vertica was pretty much pre-revenue a year ago; I wouldn’t pay too much attention now to whatever their pricing was then.
That said — thank you very much for sharing! And yes, this is license fee, presumably with standard annual maintenance pricing percentages.
Best,
CAM