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DGAP-News: EXASOL AG : Faster and More Stable: Helsana Versicherungen AG Relies on Exasol for its Data Analytics

DGAP-News: EXASOL AG / Key word(s): Sales Result/Miscellaneous
EXASOL AG : Faster and More Stable: Helsana Versicherungen AG Relies on Exasol for its Data Analytics

09.03.2021 / 10:34
The issuer is solely responsible for the content of this announcement.


Faster and More Stable: Helsana Versicherungen AG Relies on Exasol for its Data Analytics

Exasol's analytics database replaces previous solution at Swiss health insurance provider

Nuremberg, Germany - 09 March, 2021 - , the high-performance analytics database, today announced that Helsana Versicherungen AG, a Swiss insurance group specializing in health insurance, has replaced its previous data warehouse with Exasol's database. With more than 2.1 million customers and premium income of 7.1 billion Swiss francs, the Helsana Group is one of the leading health and accident insurers in Switzerland.

"We are very happy that Helsana Versicherungen AG, an important player in the insurance industry, is trusting Exasol and our solution," says Mathias Golombek, CTO at Exasol. "We are excited about supporting the company in its digital transformation journey in the long term."

Thanks to Exasol's solution with its in-memory technology, which is far superior to competitors as demonstrated in independent benchmark tests, the new technology stack at Helsana Versicherungen AG is now more stable. It has also resulted in higher performance and increased flexibility.

Like so many others, the insurance industry is in the midst of digital transformation. One of the biggest challenges is the exponential growth of data volumes, which Helsana Versicherungen AG ultimately wants not only to store, but also to use meaningfully. The basic prerequisite for this is a high-performance analytics database.

"Smart data usage is also essential in the insurance industry for long-term success in the market," says Steffen Scheller, Head of BI & Analytics at Helsana AG. "With Exasol's solution, we finally have an infrastructure that makes comprehensive analyses possible quickly - and for every employee who needs it."

Helsana Versicherungen AG decided to replace the previous datawarehouse solution because it could not cope with the increasing workloads. With Exasol's analytics database Helsana's data can be analyzed and evaluated in near real time and the data warehouse can be loaded much faster.

"In addition, we have found that we can develop loading routes more easily and release cycles are also shorter," says Scheller. "This also helps us enormously in efficient data evaluation."

Helsana Versicherungen AG uses WhereScape for the ETL process and MicroStrategy for reporting and analysis. These systems are integrated with the Exasol database, which helps accelerate their performance.
 

About Exasol
The Exasol high-performance analytics database is built to run faster than any other database, delivering next-level performance, scale and ease of use. Analyze billions of rows in seconds; run high-performance analytics securely in the cloud or on-premise; deliver frictionless analytics with self-indexing that automatically tunes performance; and scale out analytics for one transparent price.

To learn more, please visit:

 

PR Contacts:
Carla Gutierrez, Global Head of Communications at Exasol
Email:

Gail Scibelli, fama PR for Exasol
Email:



09.03.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
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Language: English
Company: EXASOL AG
Neumeyerstraße 22-26
90411 Nuremberg
Germany
Internet:
ISIN: DE000A0LR9G9
WKN: A0LR9G
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1174116

 
End of News DGAP News Service

1174116  09.03.2021 

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