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Attunity Wins $1.0 Million Deal with Large European Insurance Company to Enable Cloud Data Lake for Real-time Customer and Fraud AnalyticsBURLINGTON, Massachusetts, May 15, 2017 /PRNewswire/ -- Attunity Ltd. (NASDAQ: ATTU), a leading provider of data integration and Big Data management software solutions, announced today that a large insurance company operating across several European countries (the "Customer") has selected Attunity Replicate as its data ingestion solution supporting a strategic data lake initiative. The solution includes Attunity Replicate for SAP and was chosen to enable real-time analytics across several domains including customers, fraud and compliance. This deal includes revenues of $1.0 million in license, maintenance and services. The majority of the revenue from the agreement will be recognized in the second half of 2017. Seeing an opportunity to deliver differentiated service to its customers using real-time data, the Customer built a data lake in the Cloud to enable a 360-view of its customers for upsell opportunities and improved customer service. The data lake is also designed to enable more timely fraud detection and improved compliance. The solution required efficient and real-time data ingestion at scale from several heterogeneous systems, including SAP, Mainframe, and Oracle data sources. The Customer chose Attunity Replicate, a universal and real-time data ingestion solution designed to seamlessly support various source systems. The solution is designed to provide data in real-time to the Customer's data lake in the Microsoft Azure cloud. This includes the need to deliver SAP data in real-time, for which the Customer selected Attunity Replicate for SAP to leverage its application-level integration that supports SAP's data model and proprietary data structures. Using the Attunity solution, the Customer expects to scale with data growth and meet its goal to provide high customer and employee satisfaction. "Enabling real-time analytics on large-scale data has become a common requirement for corporations across many industries, and is the foundation for enabling competitive capabilities through analytics," explained Shimon Alon, Chairman and Chief Executive Officer at Attunity. "Attunity continues to be selected as the vendor of choice. This is due to our universal, real-time and hybrid data ingestion solution providing unique value in complex environments, including SAP, Mainframe and the Cloud. We are proud to partner with these leading companies and see additional opportunities for growth with these large-scale and strategic deals." About Attunity Attunity has supplied innovative software solutions to its enterprise-class customers for over 20 years and has successful deployments at thousands of organizations worldwide. Attunity provides software directly and indirectly through a number of partners such as Microsoft, Oracle, IBM and Hewlett Packard Enterprise. Headquartered in Boston, Attunity serves its customers via offices in North America, Europe, and Asia Pacific and through a network of local partners. For more information, visit http://www.attunity.com or our blog and join our community on Twitter, Facebook, LinkedIn and YouTube. Important Note: The announcement of any particular selection or implementation of Attunity products is not necessarily indicative of the timing of recognition of revenue therefrom or the level of revenue for any particular period. Safe Harbor Statement © Attunity 2017. All Rights Reserved. Attunity is a registered trademark of Attunity Inc. All other product and company names herein may be trademarks of their respective owners. Press contact: Dror Harel-Elkayam, CFO SOURCE Attunity Ltd. |