3i Infotech Integrates with Oracle(R) Applications to Offer an End to End Insurance Solution.EDISON, N.J. -- 3i Infotech, a global provider of IT solutions and services, announced today that it has integrated its PREMIA[TM] insurance business solution to the Oracle[R] E-Business Suite and Oracle's Siebel CRM (Customer Relationship Management) An integrated information system that is used to plan, schedule and control the presales and postsales activities in an organization. for analytics and customer facing requirements using Oracle Fusion Middleware  This article may contain improper references to .Please help [ improve this article] by removing . as the integration technology. This integration will enable rapid and seamless integration An addition of a new application, routine or device that works smoothly with the existing system. It implies that the new feature or program can be installed and used without problems. Contrast with "transparent," which implies that there is no discernible change after installation. of 3i Infotech's PREMIA. 3i Infotech is a Certified Partner in Oracle PartnerNetwork. A number of today's large insurance companies have grown through mergers and acquisitions and have traditionally relied on legacy system integration layers to provide business intelligence and internet enablement. PREMIA offers a refreshing alternative, being a robust, flexible and scalable end to end insurance solution, PREMIA also offers end customers, self service benefits particularly beneficial to those who plan a phased migration away from legacy solutions, PREMIA, together with Oracle Fusion Middleware's Oracle BPEL Process Manager Oracle BPEL Process Manager is a BPEL engine that is a member of the Oracle Fusion Middleware family of products. It enables enterprises to orchestrate disparate applications and Web services into business processes. and Oracle Business Activity Monitoring See BAM. (BAM Bam (bäm), town (1996 pop. 70,100), Kerman prov., SE Iran, on the intermittent Bam River. Located on the western edge of the Dasht-e Lut, Bam is a trade center in a henna-growing region. Dates and other fruits are also grown; camels are raised. ), empowers the customer to migrate to a service oriented architecture platform in an incremental manner, bringing with it additional benefits such as helping to reduce operating costs operating costs npl → gastos mpl operacionales , including infrastructure. "Using Oracle Fusion Middleware we quickly and easily migrated our existing application to an SOA (1) (Start Of Authority) The first record in a DNS zone file. See DNS records. (2) (Service Oriented Architecture) The modularization of business functions for greater flexibility and reusability. ," said Hari Padmanabhan, Deputy Managing Director, 3i Infotech. "The platform's comprehensive SOA and business process management capabilities enabled us to seamlessly integrate our industry leading Premia software with Oracle E-Business Suite A group of integrated Internet-based applications from Oracle. Introduced in 2001 as Version 11i, it includes modules for CRM, finance, human resources, supply chain management as well as applications for business intelligence. and Siebel CRM to create a comprehensive insurance solution for our customers." "Insurance companies are looking to protect their legacy investments and migrate to a services oriented architecture in a phased manner," said John Gawkowski, vice president, Partner Technology Solutions at Oracle. "Oracle Fusion Middleware provides insurance companies a very cost-effective platform to leverage their legacy systems, integrate PREMIA with Oracle E-Business Suite and Siebel CRM, and build new composite services." About 3i Infotech 3i Infotech (www.3i-infotech.com) provides information technology solutions through its range of solutions for insurance, banking, finance, retail & distribution, manufacturing and e-governance. It is one of India's top 4 software product companies. The company is SEI CMMI See CMM. Level 5-compliant for its Software Services and the company is ISO (1) See ISO speed. (2) (International Organization for Standardization, Geneva, Switzerland, www.iso.ch) An organization that sets international standards, founded in 1946. The U.S. member body is ANSI. 9001:2000 certified for its Infrastructure and Business Process Outsourcing Business process outsourcing (BPO) is the contracting of a specific business task, such as payroll, to a third-party service provider. Usually, BPO is implemented as a cost-saving measure for tasks that a company requires but does not depend upon to maintain its position in Services. Using its domain knowledge and through continuous investment in technologies, 3i Infotech helps corporations in their businesses through its expertise in enterprise-class software solutions, software services, information security consulting, system integration services, IT infrastructure and disaster recovery solutions. 3i Infotech serves customers in 45 countries and has a presence across 5 continents. (a) Source: Dataquest Special Issue (July 15, 2006) About the Oracle PartnerNetwork Oracle PartnerNetwork is a global business network of more than 19,000 companies who deliver innovative software solutions based on Oracle software. Through access to Oracle's premier products, education, technical services, marketing and sales support, the Oracle PartnerNetwork program provides partners with the resources they need to be successful in today's global economy. Oracle partners are able to offer to their customers, leading-edge solutions backed by Oracle's position as the world's largest enterprise software company. Partners who are able to demonstrate superior product knowledge, technical expertise and a commitment to doing business with Oracle can qualify for the Oracle Certified Partner levels. Trademarks Oracle, JD Edwards See J.D. Edwards. , PeopleSoft, and Siebel are registered trademarks of Oracle Corporation and/or its affiliates. Disclaimer: Except for the historical information contained herein, statements in this release, which contain words or phrases such as "will," "would," etc., and similar expressions or variations of such expressions may constitute 'forward-looking statements'. These forward-looking statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially from those suggested by the forward-looking statements. These risks and uncertainties include, but are not limited to, the performance of the Indian economy and of the economies of principal international markets, the performance of the industry sectors in which our clients are based, the performance of the information technology industry sector world-wide, competition, our ability to obtain statutory and regulatory approvals and to successfully implement our strategy, future levels of our growth and expansion in business, technological implementation, changes, advancements, and redundancies, the actual demand for software products and services, or the future potential or feasibility thereof, changes in revenue, income or cash flows, our market preferences and our exposure to market risks, as well as other risks. 3i Infotech undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date thereof. |
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