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WhereScape, a provider of agile development solutions for building and extending data warehouses, announced today that MedAssets, a financial improvement partner for healthcare providers, has purchased WhereScape RED. Using WhereScape RED, MedAssets will be able to conduct agile, iterative development of its new Teradata Data Warehouse Appliance running the database from Teradata (NYSE: TDC), the analytic data solutions company.

MedAssets joins dozens of companies, including British multinational banking company Barclays, SUBWAY franchisee purchasing cooperative IPC, equipment rental company United Rentals, Australian telecommunications and media company Telstra, and multinational mobile communications company Vodafone, who are using WhereScape’s agile development environment to build or extend Teradata ^® data warehouses. WhereScape has been a Teradata partner since 2006.

The MedAssets Agile Data Warehouse

MedAssets, based in Atlanta, partners with more than 180 health systems, 4,000 hospitals and 90,000 non-acute healthcare providers. As one of the largest healthcare supply chain management companies, MedAssets manages more than $45 billion in total supply chain spending by hospitals and other healthcare providers. Upon acquiring a large competitor in 2010, MedAssets knew leveraging its expanded information assets would be a key differentiator. After selecting the Teradata Data Warehouse Appliance and Teradata Database as the platform for its integrated data warehouse, MedAssets chose WhereScape RED to help deliver its analytic data platform using an agile project approach and, working closely with the business units, to deliver a tailored solution.

“Our goal was to deliver demonstrable value to the business as quickly as possible and maximize our return on our Teradata investment,” said Chris Stewart, director, Architecture, Spend & Clinical Resource Management, at MedAssets. “WhereScape’s ability to fit into MedAssets’ agile development approach, work with dispersed teams, and capture valuable metadata were key factors in our selection. In WhereScape we were buying all of their Teradata data warehousing knowledge embedded in RED, along with a promise to absorb changes easily and be quick to learn and become productive. We have found WhereScape RED to be just what it promised and more,” Stewart said.

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