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Teradata and Steelwedge Software Team Up to Offer the First Scalable Sales and Operations Planning (S&OP) Solution for Fortune 500 Companies
(Market Wire Via Thomson Dialog NewsEdge) PLEASANTON, CA, January 8 / MARKET WIRE/ --
Steelwedge Software, a market leader
in Sales & Operations Planning, announced today that it has entered
into an agreement with Teradata
Corporation (NYSE: TDC), the global leader in enterprise data
warehousing, to incorporate its Sales and Operation Planning solution
(S&OP) capabilities to the Teradata Warehouse(TM) solutions portfolio. This
addition will enable large enterprises, many for the first time, to realize
the significant business benefits of Demand-Driven Supply Networks (DDSN).
"Our collaboration with Teradata is a great opportunity to help the large
corporate enterprise improve Sales & Operations Planning and corporate
performance," said Steelwedge CEO Glen Margolis. "Teradata is the gold
standard in data warehousing and now with Steelwedge S&OP, these large
companies will become more agile, productive and profitable."
S&OP continues to be viewed by manufacturing enterprises as a key source of
competitive advantage. In a recent survey of 210 companies about supply
chain technology strategies conducted by the Aberdeen Group, Sales and
Operations Planning ranked among the top three application focus areas for
four major industry segments: High-Tech, Discrete, Consumer and Process
industries.
Steelwedge S&OP is a total solution that supports secure,
version-controlled, multiple views of forecasts and plans in a single environment to facilitate
collaboration, eliminating uncontrolled spreadsheets and limited point
applications from ERP, CRM, APS and BI.
"Even though S&OP excellence is primarily driven by process excellence,
having a technology backbone that supports the management of data from
multiple sources as well as the ability to leverage the data to manage
forecasts across sales, marketing and supply chain is critical. In
addition, the solution should support the ability to balance supply and
demand based on profitability," said Nari Viswanathan, Research Director,
Supply Chain and Logistics, Aberdeen Group. "Steelwedge and Teradata bring
together a practical approach to solving this critical problem."
"As more companies are pursuing demand-driven supply networks to improve
performance, there's a significant need for technology to support the
people and process changes that are required for more robust sales and
operations planning," said Michael DeBrosse, Teradata Vice President of
Demand and Supply Chain Solutions Marketing. "Steelwedge S&OP is an
excellent fit for our portfolio, and a critical component for leading edge
supply chain management."
The S&OP software is available immediately for use with the Teradata
Warehouse.
ABOUT STEELWEDGE
Steelwedge Software Inc. links
Sales & Operations Planning (S&OP) processes to existing systems through familiar desktop
applications including email and Excel. Steelwedge helps companies improve
the effectiveness of their S&OP, Collaborative Planning, Forecasting, and
Performance Management activities. Leading companies including EDS,
Enterasys Networks, Harley-Davidson, Hewlett-Packard, Honeywell
International, Juniper Networks, Monster Cable, Nvidia, Spansion, Tellabs,
Psion, Qlogic and Teledyne have deployed Steelwedge innovative planning
solutions. For more information, please visit www.steelwedge.com.
Steelwedge and all Steelwedge product names are trademarks or registered
trademarks of Steelwedge Software, Inc. All other company and product names
are trademarks of their respective holders.
About Teradata
Teradata Corporation (NYSE: TDC) is the world's largest company focused on
raising intelligence through data warehousing and enterprise analytics.
Teradata is in more than 60 countries and on the Web at www.teradata.com.
Teradata is a trademark or registered trademark of Teradata Corporation in
the United States and other countries.
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Contact:
Dick Hackenberg
RBH Consulting
415-710-7570dhackenberg@steelwedge.com
Copyright 2008 Market Wire, Incorporated
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