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Conversion Services International Adds Designer Manufacturer to Client Roster
—CSI Selected to Conduct Information Management Strategy,
Proof of Concept and Tool Selection Engagement—
EAST HANOVER, N.J. (October 9, 2007)-- Conversion Services International, Inc. (AMEX: CVN), a premier professional services firm focused on business intelligence and business process optimization solutions to Global 2000 organizations and other businesses, today announced the addition of a $2.6 billion, global manufacturer of designer accessories to its growing client base. This S&P 500 company is one of CSI’s 16 retail clients with whom it has 26 engagements. In 3rd quarter 2007, Conversions signed 30 engagements with 30 clients.
This client wanted to provide a global view of corporate information that will deliver more value to the management team and users, while reducing overall costs and complexity, provide a scalable architecture, as well as understand the delicate balance between operational reporting and data warehouse reporting. They chose CSI for its expertise in operational business intelligence, extensive experience with prospective data warehousing tools, vendor neutral approach, and previous success with management. CSI’s Strategic Quick Start Information Management Solution, along with Tools Analysis and Selection, and an integrated Proof of Concept implementation provide immediate return on investment and a road map to gain long-term benefits.
When making product decisions for a data warehousing (DW) environment, the platform is critical. It should be chosen with care and active discernment over the issues and marketing messages. A culture is created around the selected platform, and organizations will hire and train people to support it. It becomes the primary driver for hardware and other software selections. Business users attend user group meetings and interact with others using the platform for similar purposes. Organizations also tend to consultancy on the platform and research how to most effectively exploit the technology, looking to vendor support to add relevant features and capabilities.
As leading information management practitioners with expertise in business-first information usage, CSI appreciates and recommends reporting, and various related data access activities, take place in the appropriate tier, be it operational or post-operational. Like many CSI clients, this retail company looks to CSI to deliver significant business value quickly and to reduce business and technology reconciliation and quality assurance effort. Benefits gained from this type of engagement are measured in consistent, reliable and standard information as a foundation for global business; and integrated and structured information enabling greater decision-support capacity; and increased business efficiency and reduced IT costs. CSI leverages its proven and documented best practices when performing strategic engagements. These best practices yield high value, low cost initial phases for Business Intelligence initiatives as well as short-, medium- and long-term project objectives
CSI offers a suite of professional services designed for organizations with existing data warehouse/business intelligence programs that want to improve service levels to the business and take their programs to a higher level of maturity. The Information Management Quick-Start Strategy Engagement includes analyzing clients’ needs and providing expert advice across the process, people, and technology dimensions' critical success factors. CSI brings real-world experience in effectively selecting and planning the next data warehouse success for our client’s businesses. Benefits that clients receive from CSI’s Information Management Quick-Start Strategy Engagements include gaining further insight to applicable advances in the business intelligence and data warehousing industry, the pros and cons of their current environment, the development of goals and company-specific critical success factors. In addition CSI focuses on understanding our clients’ unique requirements, and the underlying technologies of each vendor product. CSI’s Tool Analysis and Recommendation services can identify the most appropriate products for a client’s specific requirements and maximize the value each vendor delivers, while maintaining vendor independence. In this particular case, CSI will oversee a Proof of Concept (POC) using both Teradata and Netezza. CSI has a proven method for running POCs to ensure our clients are comfortable with this very important platform decision, and to show an immediate return on their investment.
CSI’s Proof of Concept approach ensures that fundamental elements necessary for a successful implementation can be established up-front through using a partially populated data warehouse/mart and a collection of business intelligence reports that provide a broad range of sophisticated cause-and-effect analysis. The proof of concept is based on a limited data model, which incorporates relevant business data to enable users to understand the value of a fully implemented data warehouse or mart. This service is often used to evaluate the tools and efforts necessary to integrate the selected tools. The prototype can be used as the foundation or starting point for a full production system.
According to Glenn Peipert, executive vice president and chief operating officer of CSI, added, “CSI’s expertise and keen focus on leveraging information as a strategic asset — along with our experienced senior staff of strategists — ensures our clients have access to the most comprehensive solutions for their information management needs. Our approach enables organizations to use the ‘enterprise information asset’ for strategic analysis, customer-centricity, performance and productivity analytics, and personalization, supporting the transition of an organization from operational and line-of-business oriented to an intelligent, learning, and agile global enterprise, in full leverage of one of their most important assets – information. Our clients recognize that an investment in data warehousing provides opportunities to create additional revenue and market share, and that these investments are a key component to differentiating itself in the market and indeed leading the market in product and services.”
Peipert added, “As a general rule, our data warehousing strategy and proof of concept engagements provide tremendous value and credibility typically resulting in further engagements with our clients, securing revenue both in the immediate term as well as in coming years.”
About Conversion Services International, Inc.
A Note on Forward-Looking Statements
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