Ascential (NASDAQ:ASCL)
Historical Stock Chart
From Jun 2019 to Jun 2024
Owens Corning Information Access Project Powered by Ascential
Software and Kalido Delivers Impressive ROI
Owens Corning IT Executive to Showcase Rapid Enterprise Data Integration
Deployment
BURLINGTON and WESTBORO, Mass., Jan. 25 /PRNewswire-FirstCall/ -- Ascential
Software Corporation (NASDAQ:ASCL), the enterprise data integration leader, and
its strategic technology partner Kalido, a leading provider of adaptive
enterprise data warehousing software, today announced a joint web presentation
of an in-depth case study on Owens Corning. The company, a $5 billion leading
provider of building materials systems and composite systems with 130
manufacturing plants across the globe, built in just 10 weeks a flexible
enterprise data warehouse to support price optimization. Owens Corning
implemented its Information Access Project (IAP) using the Ascential Enterprise
Integration Suite(TM) to profile, cleanse, transform and move data from
disparate systems and multiple applications into the KALIDO(R) application
suite for adaptive enterprise data warehousing. The Webinar will take place on
Wednesday, January 26 at 11:30 a.m. EST. Register online at:
http://www.ascential.com/events/webcast.html or
http://www.kalido.com/newsandevents/event.asp?event_ID=117.
Klaus Mikkelsen, global development leader, Information Systems, Owens Corning,
will discuss how his organization overcame business challenges and IT
technology infrastructure problems, and built strong partnerships with business
leaders within the organization. Mikkelsen will also discuss Owens Corning's
process for selecting technology partners for this project, the work undertaken
during the 10-week project, and the significant business and IT benefits Owens
Corning has achieved. These include streamlining operations, maximizing gross
margin, and providing management with a single-view of the entire enterprise.
"To effectively compete in today's aggressive environment, Owens Corning
required a comprehensive and detailed understanding of its global operations.
Given the size, complexity and geography of our business, we needed a best-in-
class enterprise data warehousing solution that could provide us with timely
decision support," said Mikkelsen. "The combined solution from Ascential
Software and Kalido has provided us with a game-changing infrastructure within
a short timeframe."
"With the global Information Access Project (IAP), Owens Corning realized
substantial improvement in productivity and operational efficiency in addition
to reducing the sales cycle," said Mark Smith, CEO and senior vice president of
research for Ventana Research. "The solution from Ascential Software and
Kalido provides a flexible enterprise data warehousing solution with which
Owens Corning powers this unique business intelligence initiative."
"We continue to see a strong need for data integration solutions in the
manufacturing industry as global organizations such as Owens Corning seek to
unify data from dozens of manufacturing plants and suppliers in order to
support effective business processes," said Thracy Varvoglis, executive
director of industry solutions at Ascential Software. "The Ascential
Enterprise Integration Suite enables Owens Corning to gain a single view of
its global business and make confident business decisions based on accurate,
consistent and reliable data."
"We highly commend the efforts of the Owens Corning business and IT teams, who
collaborated closely to design a fully working enterprise data warehouse that
met their business requirements within just 10 weeks -- a project that won them
the InfoWorld100 award last year. The iterative nature of the KALIDO
application suite supported the team by allowing them to rapidly build and
modify their data warehouse in this short timeframe. The implementation has
enabled Owens Corning executives to deliver millions of dollars in profits by
acting upon the clear view of the business provided," added Andy Hayler,
founder and chief strategist, Kalido.
About Owens Corning
Owens Corning is a world leader in building materials systems and composites
systems. Founded in 1938, the company had sales of $5 billion in 2003.
Additional information is available on Owens Corning's Web site at
http://www.owenscorning.com/ or by calling the company's toll-free General
Information line: 1-800-GETPINK.
About Kalido
Kalido provides adaptive enterprise data warehousing software to Global 2000
companies. The KALIDO(R) application suite (KALIDO) delivers consolidated
views of enterprise performance and can immediately adapt them to major changes
in the business such as mergers and acquisitions, reorganization, market
consolidation, or new regulatory requirements. This improves the speed and
accuracy of management and financial reporting without the cost and delay of
operational system standardization. Kalido customers who have measured the
business benefits of their projects have typically found they have derived
annual savings of millions, and in some cases tens of millions, of dollars
through improved management of their company performance and reduction of IT
costs.
With KALIDO, companies can rapidly create and manage adaptive data warehouses
and associated master data throughout their lifecycle, benefiting from the
software's strategic flexibility, low cost and speed of deployment. An
independently audited study shows that KALIDO saves as least 55 percent in
ownership costs compared to custom-built approaches, a figure surpassed by
real-life customer experiences. A typical KALIDO data warehouse implementation
takes 2-5 months, as opposed to 9-18 months for conventional methods.
Kalido customers include some of the largest companies in the world, such as
BP, Cadbury Schweppes, HBOS plc, Intelsat, Labatt Breweries of Canada, Owens
Corning, Philips, Royal Dutch/Shell Group of Companies (Shell) and Unilever.
These companies and many others use Kalido's award-winning software in over 100
countries for their enterprise-wide data warehousing and master data management
projects.
A privately-held company, Kalido is headquartered in Burlington, Mass. and
London, UK and has regional sales offices throughout the United States, United
Kingdom, and France. More information about Kalido can be found at:
http://www.kalido.com/.
About Ascential Software
Ascential Software Corporation (NASDAQ:ASCL) is the leader in enterprise data
integration. Customers and partners worldwide use the Ascential Enterprise
Integration Suite to confidently transform data into accurate, reliable and
complete business information to improve operational performance and
decision-making across every critical business dimension. Our comprehensive
end-to-end solutions provide on demand data integration complemented by our
professional services, industry expertise, and methodologies.
Ascential Software is headquartered in Westboro, Mass., and has more than 3,000
customers and partners globally across such industries as financial services
and banking, insurance, healthcare, retail, manufacturing, consumer packaged
goods, telecommunications and government. For more information call
1-800-966-9875 (or 1-508-366-3888 from outside the U.S. or Canada) or visit the
Ascential Software website at http://www.ascential.com/.
Media and industry analysts, contact Chas Kielt, director of media and analyst
relations, at 1-508-599-7256 or .
Safe Harbor Statement under the Private Securities Litigation Reform Act of
1995: This release contains forward-looking statements based on current
expectations or beliefs, as well as a number of assumptions about future
events, and these statements are subject to important factors and uncertainties
that could cause actual results to differ materially from those described in
the forward-looking statements. The forward-looking statements in this release
address a variety of subjects including, for example, the functionality,
characteristics, quality and performance capabilities of Ascential Software's
products and technology; results achievable and benefits attainable through
deployment of Ascential Software's products and provision of services; the
ability of Ascential Software's products to streamline operations, improve
customer support, expedite business transactions, and make better tactical and
strategic decisions on the basis of the best available information; and
improvements in operational performance and decision-making. The following
factors, among others, could cause actual results to differ materially from
those described in these forward-looking statements: the ability of the company
to expand its market share; growth rates for the enterprise data integration
software market; general business conditions in the software industry, the
technology sector, and in the domestic and international economies; rapid
technological change in the markets served by the company; dependence on
international operations; global and geopolitical instability; compliance costs
associated with regulations to which the company is subject, including the
Sarbanes-Oxley Act of 2002, and the impact of such regulations; and
difficulties that the company may experience integrating technologies,
operations and personnel of completed or future acquisitions. For a detailed
discussion of these and other cautionary statements, please refer to the
filings made by Ascential Software with the Securities and Exchange Commission,
including, without limitation, the most recent Quarterly Report on Form 10-Q.
Ascential Software disclaims any intent or obligation to update any
forward-looking statements made herein to reflect any change in Ascential
Software's expectations with regard thereto or any change in events,
conditions, or circumstances on which such statements are based. Ascential
Software is not responsible for statements attributed to third parties within
this release or in any materials referenced herein. Partnerships described
herein shall be deemed to be strategic alliances only, and shall not imply the
power of either partner to bind the other partner or to incur obligations on
behalf of the other partner.
Ascential and Ascential Enterprise Integration Suite are trademarks of
Ascential Software Corporation or its affiliates and may be registered in the
United States or other jurisdictions. Other marks are the property of the
owners of those marks.
DATASOURCE: Ascential Software Corporation
CONTACT: Chas Kielt of Ascential Software Corporation, +1-508-599-7256,
; or Zoe White of Kalido, +44 20 7934 4432,
; or Mary Keith of Porter Novelli, +1-617-897-8200,
Web site: http://www.ascentialsoftware.com/