Oakton buys SWAMI
- 10 April, 2001 10:38
ASX-listed Oakton Computing has acquired full intellectual property rights to data warehouse design and performance measurement tool, SWAMI (Simulation of data Warehouse and Mart Implementations). The deal involved an initial payment of $A120,000, with royalties capped at $A400,000 based on 20 per cent of license revenue.
SWAMI is considered a unique product in terms of identifying performance hot spots and testing and optimising design scenarios. The product takes an end-to-end view of the data warehouse environment and considers each component individually as well as their capacity to interact. This puts it yards in front of previous tools which only design and optimise isolated components of the data warehouse solution.
"This acquisition signals a strengthening of Oakton Computing's commitment to product development and a significant addition to our historical consulting services business model," said Steve Vizard, chairman of Oakton Computing.
"SWAMI is potentially the basis for a suite of leading performance management solutions designed to maintain the integrity of mission-critical business transactions and optimise the performance of information management applications."
SWAMI will be integrated into Oakton's own data warehousing consulting services and is expected to form the key differentiator to the current service offering of Charter Wilson, the strategy and architecture division of Oakton that specialise in data warehouse related services.
The company has already tabled plans to customise the product and launch a packaged licensed version for local installation at client sites or via an ASP-based subscription service provided over the Web. Oakton will provide ongoing development and support services for SWAMI from its Hawthorn based office.
Oakton shares closed at $0.98 yesterday, buoyed two cents by the announcement.