Frequently Asked Questions
Can we install the 1010data solution in our own data center?
Yes, it is possible to situate the hardware and software behind your firewall. 1010data personnel will then manage all support and maintenance of the system via a secure VPN.
Do I need to sign a multi-year contract to use 1010data?
No, 1010data knows that you will be completely satisfied with the speed and flexibility of its system so long term contracts are not required.
Can customers continue to use their Microstrategy or Cognos systems along with 1010data?
Yes, 1010data's ODBC driver will enable you to continue to use standard BI reporting tools like WebFocus, Cognos, and so on.
Is customer data secure when it is sent to 1010data?
Yes, 1010data takes the security and confidentially of data very seriously. As a first step, a non-disclosure agreement (NDA) is put in place. Customer data is never intermixed and the company has multiple data centers located in several hardened, secure locations. User access is via user name/password authentication, is fully encrypted, and can be restricted to specific sets of client IP addresses.
How long does it take to get benefits from the system?
Typical enterprise installations take two months or less from contract signing to business use. In cases where the data is a standard vended database already hosted for other customers, the installation can be almost immediate. In any case, 1010data can take the raw data and load it into the database to minimize the work for you. A secure data transmission link can be established to enable ongoing transmissions of data updates from your system to 1010data's system.
How often does 1010data update its system? How are new features identified?
1010data is continually updating the system to make it even faster, more flexible and more scalable. The company is committed to working with customers and prospects to identify new features and functionalities that raise the bar on analytic breadth and depth.
How many customers do you have?
1010data has more than 100 active customers. The company's technology has been in use for years by compute-intensive organizations in the financial services, retail, insurance and pharmaceutical industries. In fact, 1010data is capable of high-speed, low-cost data analytics for any type of business.
How have customers been able to justify the cost of using 1010data's solution?
The answer is varied and depends on the systems and analytics the customer already has in place. Since 1010data is often an alternative to other, more expensive solutions, the savings are obvious. In other cases, 1010data's analytics unlock information that can increase sales and other metrics that directly affect the bottom line. 1010data will work with you on the ROI analysis and feel confident you will see the difference.
When a customer first starts using the system, will a 1010data staff member be on site to help with ad hoc analysis and report writing?
Yes, that can be arranged if a customer feels it is needed after 1010data's initial training. However, the system is so easy to use that most customers are able to support their analytics unassisted.
Who are the larger organizations in terms of size that are currently using 1010data?
Many of our customers are well-known names such as The New York Stock Exchange, Bank of America, Sallie Mae, Goldman Sachs and Dollar General.
What is the largest database in use by a 1010data customer?
The largest single table currently in use has well over 30 billion rows (records) but much larger tables can easily be accommodated. We manage hundreds of tables that have hundreds of millions or billions of rows. Even the largest tables can be queried in real time with basic summarizations taking less than a minute.