11.05.2005 18:01:00
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Teradata and i2 Partner to Provide Enterprise-Class Master Data Manage
Business Editors/Technology Editors
i2 Planet 2005
PHOENIX--(BUSINESS WIRE)--May 11, 2005--Teradata, the world's leader in enterprise data warehousing and a division of NCR Corporation (NYSE: NCR), and i2 Technologies, Inc. (OTC: ITWH), a leading provider of demand-driven supply chain solutions designed to enable business agility, announced a strategic partnership today. This partnership will promote easier and improved data management and enterprise analytics.
Driven by customer needs, Teradata and i2 plan to create an enterprise data platform that can enable customers to collect all master data into an enterprise data warehouse for streamlined business processes. The agreement includes certification of i2 applications to Teradata and joint sales, marketing and services. The partners are initially targeting the retailing, manufacturing and transportation industries around the world.
When i2's Master Data Management (MDM) solution is certified for the Teradata(R) Warehouse, data management can be integrated into the enterprise data warehouse (EDW), thus enabling the Teradata EDW to serve as the data integration point for i2 applications. This can help businesses to reduce architectural complexity, data latency and costs. Initial porting and certification to Teradata will include i2 MDM as well as Performance Manager, the i2 analytic and reporting application, and Supply Chain Visibility, i2's supply chain event-management application.
"This partnership offers value for companies by integrating their enterprise data management platforms and helping simplify their architecture and reduce implementation costs," said Mark Lahr, manager, IT data and integration, 3M.
Many of the world's largest and most recognized businesses use Teradata data warehousing and enterprise analytics for a single, integrated view of their businesses in order to make better, faster decisions that drive growth and profitability as well as decrease costs.
"Teradata and i2 share an enterprise vision, making this partnership a good fit for both organizations," said Bob Fair, chief marketing officer of Teradata. "Integrating a leading comprehensive MDM application on the leading enterprise data warehouse will provide synchronized visibility across the business. Companies will benefit because they will be able to strengthen customer service, improve asset utilization and reduce time-to-market."
Master Data Management technology is designed to gather, synchronize, cleanse, synthesize, and distribute critical reference data about products, customers, suppliers, organizations, and resources. i2 developed its MDM technology to provide a common platform for its supply chain customers to exchange real-time data internally and externally with partners to achieve supply chain agility. MDM technology can help provide IT flexibility and responsiveness, as well as support emerging technology markets such as Product Information Management (PIM), Customer Data Integration (CDI) and Enterprise Information Integration (EII).
"Teradata has enterprise credibility," said Pallab Chatterjee, i2 president, Solutions Operations. "Companies are finding it increasingly difficult to effectively manage their complex supply chains without enterprise-class visibility and control. Providing the ability to synchronize data across multiple disparate systems and manage a master data repository can enable businesses to be more agile and to more easily and efficiently maintain enterprise information. Through our collaboration with Teradata as a preferred data warehousing partner, we intend to provide a holistic infrastructure that drives cost and decision-making efficiency across the entire business - in near-real time."
According to a Gartner note, Management Update: Predicts 2005: New SCM Markets for Business Applications, November 2004, the demand for MDM solutions at the enterprise level is rising. "Business processes within and among companies are becoming more complex, and the need to manage the data environment is growing. The greatest competitive advantage often emerges from true collaboration among trading partners ... Companies need to create a holistic view of master data management and can no longer relegate it to individual IT projects."
The combined solution is planned to be available beginning in the second half of 2005.
About i2
i2 is a leading provider of demand-driven supply chain solutions designed to enable business agility. i2's flexible solutions can synchronize demand and supply across an ever-changing global supply network. Nineteen of the AMR Research Top 25 Global Supply Chains belong to companies who are i2 customers. Seven of the Fortune global top 10 are also customers of i2. Founded in 1988 with a commitment to customer success and supply chain innovation, i2 has a history of delivering value by implementing solutions designed to provide a rapid return on investment. Learn more at www.i2.com.
i2 is a registered trademark of i2 Technologies US Inc. and i2 technologies, Inc.
i2 Cautionary Language
This press release may contain forward-looking statements that involve risks and uncertainties, including forward-looking statements regarding the companies' plan to develop an enterprise data platform that can enable customers to collect all master data into an enterprise data warehouse, the certification of i2 application to Teradata standards, the marketing plan of the partnership, the planned availability of the combined solution, customers' ability to implement or integrate the joint solutions successfully and in a timely fashion or receive expected functionality and performance, or achieve benefits attributable to the solutions of the partnership. These forward-looking statements involve risks and uncertainties that may cause actual results to differ from those projected. For a discussion of factors which could impact i2's financial results and cause actual results to differ materially from those in forward-looking statements, please refer to i2's recent filings with the SEC, particularly the Quarterly Report on Form 10-Q filed May 10, 2005 and the Annual Report on Form 10-K filed March 15, 2005. i2 assumes no obligation to update the forward-looking information contained in this news release.
About Teradata Division
Teradata (www.teradata.com), a division of NCR Corporation (NYSE: NCR), is the global technology leader in enterprise data warehousing, analytic applications and data warehousing services. Organizations around the world rely on the power of Teradata's award-winning solutions to get a single, integrated view of their business to enhance decision-making, customer relationships and profitability.
About NCR Corporation
NCR Corporation (NYSE: NCR) is a leading global technology company helping businesses build stronger relationships with their customers. NCR's ATMs, retail systems, Teradata(R) data warehouses and IT services provide Relationship Technology(TM) solutions that maximize the value of customer interactions and help organizations create a stronger competitive position. Based in Dayton, Ohio, NCR (www.ncr.com) employs approximately 28,000 people worldwide.
NCR and Teradata are trademarks or registered trademarks of NCR Corporation in the United States and other countries.
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CONTACT: i2 Technologies, Inc. Kirsten Monberg, 469-357-4966 Email: kirsten_monberg@i2.com Website: www.i2.com or Teradata Division NCR Corporation Keith Wiederhold, 937-445-9659 Email: keith.wiederhold@teradata-ncr.com Website: www.teradata.com
KEYWORD: ARIZONA TEXAS INDUSTRY KEYWORD: HARDWARE SOFTWARE ADVERTISING/MARKETING RETAIL NETWORKING TRADESHOW MARKETING AGREEMENTS SOURCE: i2 Technologies, Inc. and Teradata
Copyright Business Wire 2005
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