ECHO supports 40 percent business growth projection with Violin Memory Flash Arrays
Violin Memory®, Inc., (NYSE: VMEM), a leading provider of all-flash storage arrays and appliances delivering application solutions for the enterprise, was chosen by ECHO Health to enhance its implementation of SQL Server 2008. ECHO's health care payment systems required long overnight batch processing that impacted next-day business operations. Switching to a Violin All Flash Array reduced its nightly report runtimes by 3X, from ten to three hours, improving efficiency to support ECHO's projected 40 percent business growth.
Before the deployment of the Violin All Flash Array, ECHO's Online Transaction Processing (OLTP) application was hindered by long overnight Extract, Transform and Load (ETL) batch processing, sometimes affecting business operations the next day. With the Violin All Flash Array, nightly reports that had taken up to 10 hours to complete now run in about three hours. This improvement has allowed ECHO to focus on operations the next day without impediment, as well as, consolidate other data sets, including patient image retrievals.
"We needed a storage solution that would help us maintain our SLAs and grow our business," said Chad Davis, vice president and chief information officer at ECHO Health. "With the performance of the Violin All Flash Array, we spend less time on report generation, which allows us to focus on more strategic business initiatives."
Payers, employers, health care providers and members (patients) benefit from ECHO's services through reductions in the costs of fulfillment and customer service. ECHO consolidates payments and related statements to providers and members by delivering them electronically. Maintaining these service level agreements (SLAs) requires a robust OLTP application with fast-backend storage to support it.
"ECHO Health is a perfect example of how Violin Memory's All Flash solutions optimized OLTP and other important business workloads," said Eric Herzog, chief marketing officer at Violin Memory, "By reducing processing time with Violin, ECHO Health was able to eliminate long drawn out processing that impacted ECHO's daily business workflow."
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About Violin Memory, Inc.
Business in a Flash. Violin Memory transforms the speed of business with high performance, always available, low cost management of critical business information and applications. Violin's All Flash optimized solutions accelerate breakthrough CAPEX and OPEX savings for building the next generation data center. Violin's Flash Fabric Architecture (FFA) speeds data delivery with chip-to-chassis performance optimization that achieves lower consistent latency and cost per transaction for Cloud, Enterprise and Virtualized mission-critical applications. Violin's All Flash Arrays and Appliances, and enterprise data management software solutions enhance agility and mobility while revolutionizing data center economics. Founded in 2005, Violin Memory is headquartered in Santa Clara, California. For more information, visit www.violin-memory.com. Follow us on Twitter at twitter.com/violinmemory.
About ECHO Health, Inc.
ECHO Health, Inc. was founded in 1997 by William Davis, a health care payment visionary and pioneer with over 30 years industry experience. In cooperation with Chase Manhattan Bank and Tandem Computers, Mr. Davis developed a proprietary payment system for the health care industry. ECHO offers revolutionary payment solutions for health care payers of all sizes. ECHO's services comply with ERISA (Employee Retirement Income Security Act), HIPAA (Health Insurance Portability and Accountability Act), CORE (Committee on Operating Rules for Information Exchange) and Taft-Hartley regulations. ECHO's unique consolidation and electronic settlement services reduce costs for health care payers throughout the United States. Today, ECHO processes over $7 billion in payments annually, serving more than 45,000 ERISA health plans and fully insured groups. For more about ECHO Health, click here.
This public announcement contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements with respect to the performance and the results that may be achieved by the use of Violin Memory's products, the business, financial and other results that may be achieved by the use of Violin Memory's products, and statements relating to Violin Memory's business plans and strategy. There are a significant number of factors that could cause actual results to differ materially from statements made in this public announcement, including: Violin Memory's limited operating history, particularly as a new public company, the competition faced by Violin Memory in the marketplace; Violin Memory's history of large purchases by a limited number of customers; risks associated with a transition in executive leadership; its relationship with Toshiba as its sole supplier of flash-based memory; risks associated with the development, production and support of Violin Memory's products; and numerous other market, political, economic and business conditions. Additional risks and uncertainties that could affect Violin Memory's business performance and financial results are included under the captions "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations," in Violin Memory's annual report on Form 10-K, which was filed with the U.S. Securities and Exchange Commission, and which is available on the Violin Memory's investor relations website at investor.violin-memory.com and on the SEC's website at www.sec.gov. All forward-looking statements in this public announcement are based on information available to Violin Memory as of the date hereof, and Violin Memory does not assume any obligation to update the forward-looking statements provided to reflect events that occur or circumstances that exist after the date on which they were made.
All Violin Memory news releases (financial, acquisitions, manufacturing, products, technology, etc.) are issued exclusively by Business Wire and are immediately thereafter posted on the company's external website, www.violin-memory.com. Violin, Violin Memory and the Violin Memory logo are trademarks of Violin Memory, Inc. in the U.S. and other countries. All other brand or product names used in this public announcement may be trademarks of their respective owners.
Contacts:
US Press Contact:
Eastwick Communications
Jayne Scuncio, 415-820-4164
violin@eastwick.com
