Acta Technology Reports Continued Revenue Growth -- 82% Year-to-year Growth.Business Editors/High-Tech Writers MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Oct. 23, 2001 Demand continues for enterprise-wide data integration; company announces new reseller An organization that sells hardware and software to the general public. Resellers purchase products from software publishers and hardware manufacturers. and technology partnerships and aligns sales team to drive focused partner initiatives Acta Technology, Inc., provider of the first real-time data Real-time data denotes information that is delivered immediately after collection. There is no delay in the timeliness of the information provided. Some uses of this term confuse it with the term dynamic data. integration platform that provides enterprise data for analytic, eCommerce, supply chain and customer relationship management uses, today announced third quarter 2001 revenue growth results, citing 82% growth over the same nine-month period last year. Acta, a privately held, venture-backed company, also reported a revenue increase in the third quarter 2001 over the third quarter of 2000. "We continue to see demand from companies worldwide for our data integration solutions -- in fact, we received the biggest contract in the history of the company this quarter," stated Carol Mills Baldwin, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. and President for Acta Technology. "Both current customers and prospects are telling us they must integrate more than just transactions between applications -- they need to integrate the critical data in them -- to fully realize the potential of these enterprise applications." By using Acta's data integration platform, companies can lower the cost, speed the deployment and improve the business value of CRM (Customer Relationship Management) An integrated information system that is used to plan, schedule and control the presales and postsales activities in an organization. , eCommerce, SCM (1) (Software Configuration Management, Source Code Management) See configuration management. (2) See supply chain management. and analytic initiatives. Acta's data integration platform utilizes the power of data extraction Data extraction is the act or process of retrieving (binary) data out of (usually unstructured or badly structured) data sources for further data processing or data storage (data migration). , transformation and loading (ETL (Extract, Transform, Load) The functions performed when pulling data out of one database and placing it into another of a different type. ETL is used to migrate data, often from relational databases into decision support systems. ) technology for batch data requirements, and applies it to real-time environments -- all within a single platform. Acta's data caching assures high-performance data access that is always available. Acta also provides pre-packaged data applications that enable rapid, low-risk implementations and deployments. In Q3, Acta has also announced reseller and technology-based agreements with several partners, which are expected to drive significant future revenue opportunities, including: -- An agreement with Manugistics, a leading provider of supply chain and revenue optimization solutions, to integrate and resell ActaWorks the core integration technology in WebConnect Integrate High Volume Edition (HVE) for large-scale data transfers for application-to-application integration and data warehousing -- An agreement with Business Objects to integrate and resell ActaWorks(TM), Acta's data movement-and-management server, with the BusinessObjects(TM) Application Foundation, the new analytic applications framework from Business Objects -- A development and technology partnership with Infogain to develop additional software adapters, using Acta's Adapter SDK, further broadening the integration capabilities of ActaWorks to enterprise applications and technologies. Aligning with Partners for Growth Additionally, Acta has re-aligned their sales teams worldwide, reflecting the growing importance of their System Integrators See systems integrator. (SIs), technology and reseller partnerships. Recent changes include: -- A restructure of the European and North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. sales teams to better align align ( v to move the teeth into their proper positions to conform to the line of occlusion. with geographies and leverage ongoing partnerships throughout Europe. -- The appointment of John Burns This article covers the British politician. For other people with the same name see John Burns (disambiguation) John Elliot Burns (20 October 1858 – 24 January 1943) was a prominent English trade unionist, anti-racist, socialist and politician of the late 19th and as Senior Vice President of Business Development, where he will be responsible for agreements with worldwide partners, focusing on application growth areas of customer relationship management, supply chain management and business intelligence. -- Bill Vergantino will be promoted to Vice President of Global Sales, replacing Burns. Vergantino has been with Acta for three years, serving as Senior Director of Sales and Director of Sales and Business Development. He will have direct responsibility for the Acta worldwide field organization. "We're fortunate to have a strong, established presence in Europe with strong demand for real-time data integration. By closely aligning our structure with key partners, we are perfectly positioned to deliver upon the growth opportunity in global accounts," added Mills Baldwin. "Our proven technology delivers long-term business benefits to our customers and partners by enabling them to leverage existing systems and other application investments for lasting, long-term value." Positioned for Continued Success Acta's continued success in selling its data integration platform around the globe underscores the growing need for enterprise data integration, a key technology component for businesses who are buying, selling and collaborating online. Analysts have sized the data integration market at $15 billion (cumulative) by 2005. Companies today are seeing an explosion of data being generated by applications including supply chain, CRM, eCommerce, business intelligence and more. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the Gartner Group (company) Gartner Group - One of the biggest IT industry research firms. Address: Connecticut, USA. , by 2005 the average enterprise will need to manage 100 terabytes of data and very large enterprises will have to manage over 500 terabytes. Gartner Group also projects that 30 to 40% of IT budgets are being used to integrate applications. "Our customers are realizing value by increasing their supply chain efficiencies, streamlining their business processes with customers and partners and creating a better understanding of their own business through data analytics for improved decision-making on costs structures, inventory levels, capital management and more," said Mills Baldwin. "The data integration requirements are just now beginning to hit major corporations." About Acta Technology, Inc. Acta provides the industry's first and only real-time data integration platform to drive today's new generation of real-time analytic, supply chain management, eCommerce and customer relationship management applications. With Acta's highly scalable data platform, enterprises can maintain a real-time, online dialogue with customers, suppliers, employees and partners, providing them with the critical information they need for transactions and business analysis. Acta partners with system integrators and leading vendors offering enterprise resource planning See ERP. (application, business) Enterprise Resource Planning - (ERP) Any software system designed to support and automate the business processes of medium and large businesses. (ERP (Enterprise Resource Planning) An integrated information system that serves all departments within an enterprise. Evolving out of the manufacturing industry, ERP implies the use of packaged software rather than proprietary software written by or for one customer. ), sell-side eCommerce, analytic and enterprise application solutions. The company's 200+ customers include IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) , Hewlett-Packard, Chevron, Shell, Monsanto and other leaders in the Global 1000. Headquartered in Mountain View, CA, Acta has international offices in London, Frankfurt, Paris and Rotterdam. Sales and partnership inquiries should be directed to Acta's toll-free phone number 1-888-613-3282. For more information, visit the company's Web site at www.acta.com. Acta, ActaWorks and eCaches are trademarks of Acta Technology, Inc. All other product and company names mentioned herein are the property of their respective owners. |
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