- Siperian Demonstrates Significant Market Momentum - Signs More than Six
New Customers in the First Quarter of 2007 While More Than 90% of Existing,
Multi-Industry Customers Have Gone Live
Siperian, a developer of an award-winning master data management (MDM)
platform, today announced that more than six new customers in the financial,
pharmaceutical and high-tech industries chose Siperian MDM Hub(TM) to manage
their global master data entities in the first quarter of 2007. As a highly
scalable master data management solution, Siperian MDM Hub has evolved into
the only operational hub capable of managing hundreds of different types of
master data entities -- including product, customer, location, and associated
hierarchies -- all within a single integrated software platform. Siperian's
proven high performance and scalable architecture enables companies to build
and run master data hubs containing billions of records. With the ability to
scale horizontally, vertically and through distributed architectures, there
is no limit to the number of records that can be handled using the Siperian
platform.
Siperian MDM Hub is architected to support a rapid implementation, so
organizations can achieve the fastest time to value -- typically within a few
months. With more than 90% of Siperian users already live, Siperian meets
both current and future customer' needs by enabling them to start small with
a business-sponsored project to demonstrate a high return on investment (ROI)
and then evolve the technology into an enterprise-wide MDM platform over
time.
In a recent product review by Steve Iddings, Manager of Application,
Integration and Self-Services for LexisNexis, the Siperian solution was
recognized for its ability to meet the ever changing needs of an
organization. According to Iddings, "In 2006, Siperian became the cornerstone
architecture for our major CRM initiative. In fact just last year, we
significantly extended the number of sources that populate Siperian MDM Hub
and as a result have integrated other sales systems within the company. In
doing so, we can now identify which products our customers currently own
across our various business units so that we can communicate more
effectively, minimize unnecessary or duplicate customer outreach efforts and
identify possible product bundles based on actual user preferences. This
project was a major strategic initiative and in some ways was bigger than the
original deployment we did back in 2004 due to the increase in volume and
data sources and the overall value it provides to our sales organization."
"Master data management initiatives are now a top priority for any
organization seeking to maximize and manage their numerous master data types
such as customers, products, pricing policies, etc.," said Aaron Zornes,
chief research officer of The CDI-MDM Institute. "Unlike most other
approaches, Siperian provides organizations with a flexible migration path
that enables them to start with a single master entity type such as customer
or supplier and then expand to the various other master data entities using
the same platform."
Siperian MDM Hub has met the complex requirements for market-leading
companies in the health and life sciences, financial services, high
technology, manufacturing and publishing industries. Customers use Siperian
for a variety of business purposes, ranging from large-scale, enterprise-wide
master data management solutions to smaller business unit-specific roll-outs.
Further, the company's various business-to-business and business-to-consumer
customers leverage Siperian MDM Hub to address both their customer and
product data management needs and to support their analytic and transactional
business requirements. Recognized for their proven, field-tested and flexible
MDM platform, Siperian is used in a number of industries and for a variety of
strategic business initiatives including:
-- A global financial services firm uses Siperian as their centralized
reference data hub that enables them to match fund, counterparty and asset
data in order to reduce credit risk and remain in compliance.
-- A multi-location, global pharmaceutical company uses Siperian MDM Hub
to match physician information, clinical protocols, products and compounds in
order to maintain their leadership status in light of increased competition,
government regulations, and corporate consolidation.
-- A leading high technology innovator uses Siperian to optimize and
align their multi-national sales accounts and product offerings and to
improve their campaign targeting and market segmentation activities.
"Our flexible, integrated, model-driven approach enables our customers to
respond to their changing business and regulatory requirements regardless of
their industry, job function or line of business," said Peter Caswell,
President and CEO of Siperian.
About Siperian, Inc.
Siperian offers the most flexible software platform for master data
management (MDM) across heterogeneous IT environments. With Siperian MDM
Hub(TM) companies can reconcile any master data type, whether customer,
product or location-and present real-time unified views to business users
within existing business applications and reports. Siperian solutions deliver
significantly lower total cost of ownership, faster time-to-value, and
superior return on investment while helping companies increase profitability,
reduce operational costs, and improve compliance. Siperian solutions for
Financial Services, Health & Life Sciences, High Tech, Communications and
Media, and Manufacturing industries improve customer relationship management,
marketing, regulatory compliance, and order-to-cash processes. For further
information, visit us on the Web at http://www.siperian.com or call
+1-866-SIPERIAN (+1-866-747-3742).
MEDIA CONTACTS:
Chris McCoin or Richard Smith
McCoin & Smith Communications LLC
+1-508-429-5988 (Chris) or +1-978-433-3304 (Rick)
chris@mccoinsmith.com or rick@mccoinsmith.com
Web site: http://www.siperian.com
Siperian, Inc.
Chris McCoin, +1-508-429-5988, or chris@mccoinsmith.com, or Richard Smith, +1-978-433-3304, or rick@mccoinsmith.com, both of McCoin & Smith Communications LLC
About Aaron Reed Aaron Reed is an assistant professor specializing in software architecture and design and .NET development at Neumont University in Salt Lake City, UT. He has worked professionally in the industry for over 12 years as a lead architect/designer, development manager, and VP of development. When he isn't spending time reading up on the latest in software development, Aaron loves spending time with his beautiful wife and three children.
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