2013 Winner Profile

Equifax, Inc.

Project Description:
Equifax developed an online NoSQL database technology called NoDB to power several of its products. including Connexus, a customer data integration solution for its clients in the telecommunications and financial services industries. NoDB provides up to seven times the processing capabilities of commercially available massively parallel processing technologies. It allows Equifax to meet increasing customer business volumes while dramatically reducing its own operational costs. With NoDB, the time it took a typical customer transaction to be processed through Connexus was reduced from 500 milliseconds to 20 milliseconds. Moreover, products using NoDB technology have generated nearly $4.35 million in new annual revenue and $7.5 million in cost avoidance.
Project type:
Cloud Computing Services or Software as a Service (SaaS)
Business Functions:
Research & Development, Product Development, New Product/Market
Business Goal:
Strategic Impact or Competitive Advantage
CIO:
Dave Webb, CIO
CEO:
Richard Smith, Chairman & CEO
Headquarters:
Atlanta, Ga.
Industry:
Financial Services (e.g. Banking, Broker or Dealers, Exchanges)
Revenue (2012):
$2.2 billion
Website:
www.equifax.com
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