MIAMISBURG, Ohio —
Teradata Corporation (NYSE:
TDC), the global leader in
enterprise data warehousing, announced today that Australia's largest health insurance provider, Medibank Private, has selected Teradata for a company-wide enterprise data warehouse (EDW). The project is part of a larger legacy replacement program being undertaken by the insurer, which operates over 100 retail centers nationally.
Andrew Clark, manager of Medibank Private's Business Intelligence Competency Centre, said the new EDW will include the
Teradata MPP 5500 server providing up to five terabytes of user data. Clark said that in addition, a development and test system will use the
Teradata SMP 550P server with up to one terabyte of user space.
As a completely integrated data warehouse with "optimized system performance," he said the solution "will form part of Medibank Private's Business Intelligence (BI) capability." After extensive evaluation of EDW providers, Clark said this solution was selected to support its multifaceted business through faster information delivery and reporting. He said a major factor in the selection was
Teradata's Health Care Logical Data Model (HC-LDM), which reduces the time and cost for implementing the EDW. An LDM serves as a blueprint for building an enterprise data structure that provides common business definitions for all entities, resulting in a single, integrated view across the organization. It also documents business rules at the corporate level, supports consistent reporting and analytical results, and helps eliminate data redundancy.
"The implementation is part of a larger legacy replacement program which includes replacing reporting systems based on IBM dB2 and MS SQL databases," Clark said. "We expect a significant improvement with the implementation of the Teradata EDW. It will provide a range of regular reports in a timely fashion as well as enable staff to perform ad-hoc analysis with self-service access to information."
Noel Pettitt, vice president of Teradata Australia and New Zealand, said this project highlights a trend by Australian businesses to view the data warehouse as an essential business tool and part of their wider IT infrastructure.
The healthcare industry is experiencing broad transformation, driven by pressure to improve the economics as well as the quality of healthcare. This begins with more complete visibility to all relevant detailed data needed to identify opportunities to improve quality of care as well as opportunities to increase efficiencies and reduce costs. Healthcare organizations are striving to provide vital healthcare data to the right professional at the right moment.
Core initiatives clearly underscore the industry-wide shift from being transaction-based to consumer-centric and increasingly require collective cross-organizational intelligence. These initiatives include:
- greater customer involvement in healthcare decisions
- more accountability by healthcare professionals
- the global move to electronic medical records and interoperability of health information
Teradata's momentum continues in the
healthcare and pharmaceutical industries as companies centralize and integrate critical information. Teradata's presence in healthcare and life sciences industries is global and includes such organizations as the BKK Health Association (Germany), BUPA (U.K.), and in the U.S., the Centers for Medicare and Medicaid Services, Highmark Inc., Harvard Pilgrim Health Care, WebMD, Kaiser Permanente, WellPoint and a number of pharmaceutical companies.
About Medibank Private
Medibank Private is Australia's largest and only national private health insurer covering nearly three million people and representing about 30% of the private health insurance market. The insurer operates over 100 retail centers across Australia, offering private health coverage for hospital and ancillary services and travel insurance. For more information please visit the web site at
http://www.medibank.com.au/About-Us.aspx.
About Teradata
Teradata Corporation (NYSE:
TDC) is the world's largest company solely focused on raising intelligence through data warehousing and enterprise analytics. Teradata is in more than 60 countries and on the web at
Teradata.com.
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Teradata is a trademark or registered trademark of Teradata Corporation in the United States and other countries.
