Insurance & Technology News
|
FAIR Health Selects Oracle Exadata Database Machine and Oracle's Sun ZFS Storage Appliance
REDWOOD SHORES, CA, Jan 16, 2013 (MARKETWIRE via COMTEX) --
Oracle (NASDAQ: ORCL)
News Facts
-- FAIR Health, an independent not-for-profit corporation dedicated to
bringing transparency to healthcare costs and out-of-network
reimbursement, has selected the Oracle Exadata Database Machine with a
cluster of Oracle's Sun ZFS Storage 7420 appliances for backup to
support its database of more than 15 billion claims. An additional Sun
ZFS Storage Appliance supports remote disaster recovery and
development.
-- FAIR Health's data are used by multiple stakeholders in health
insurance, including insurance carriers, third party administrators,
healthcare providers, employers, researchers and consumers to process
claims, inform pricing models, offer cost transparency and to
understand geographic variation in cost and utilization.
-- FAIR Health sought a solution to streamline performance and eliminate
the storage bottlenecks in its existing environment.
-- With Oracle Exadata, FAIR Health tested its existing code and achieved
significant performance improvements, including a 5x reduction in
claims processing time(1) and a 10x faster average performance
improvement in applying complex statistical methodologies(2).
-- Using Oracle Exadata's Hybrid Columnar Compression technology combined
with the Sun ZFS Storage Appliance, FAIR Health achieved an average of
14x reduction in physical storage space for its primary Oracle
Database storage, database backups, and disaster recovery site.
-- The Sun ZFS Storage Appliance's direct InfiniBand connection to the
Oracle Exadata and its high-throughput design enables FAIR Health to
reduce their backup windows and increase resources available for
production workloads.
-- FAIR Health also uses the Sun ZFS Storage Appliance's snapshot and
replication capabilities to replicate compressed data to a third
remote Sun ZFS Storage Appliance at its disaster recovery location
where clones of the Hybrid Columnar Compressed data are used to
develop proof-of-concepts for new application functionality.
-- With the increased performance and capacity delivered by the Oracle
Exadata and Sun ZFS Storage Appliance solution, FAIR Health will be
able to reallocate resources to focus on product development and
enhancement, including its expanded custom analytics capability.
Supporting Resources
-- FAIR Health
-- Oracle Exadata Database Machine
-- Oracle's Sun ZFS Storage Appliances
-- Oracle Hardware on Facebook, Twitter
Footnotes
(1) Oracle Exadata improvement on Upstate Health Research Network
Variance Analysis.
(2) Oracle Exadata improvement in product
creation when applying statistical methodologies to the Healthcare
Common Procedure Coding System product.
About Oracle
Oracle engineers hardware and software to work together
in the cloud and in your data center. For more information about
Oracle (NASDAQ: ORCL), visit www.oracle.com.
Trademarks
Oracle and Java are registered trademarks of Oracle and/or its
affiliates. Other names may be trademarks of their respective owners.
Contact Info
Michelle Jenkins
Oracle
+1.425.945.8306
Email Contact
Drew Smith
Blanc & Otus
+1.415.856.5127
Email Contact
SOURCE: Oracle Corporation
http://www2.marketwire.com/mw/emailprcntct id=49028554EF07B577
http://www2.marketwire.com/mw/emailprcntct id=0B3067E82C864795
[ Back To Insurance Technology's Homepage ]
|
UPDATED 6:05 PM EST - May 20, 2013
|
|
Featured Editorial
Subscribe to eNews
Insurance Technology eNews delivers the latest news impacting technology in the insurance industry each week. Sign up to receive FREE breaking news today!
Online Demo
Insurance Technology RSS
|