Acta Wins World Class Solution Award for Implementation of Business Intelligence Solution; DM Reviews Honors Acta for Its Work With Leading Chemical Company, Albemarle Corporation.MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--July 10, 2000 Acta Technology, Inc., the first and only provider of an eCommerce data platform designed to deliver the back-office data essential for business-to-business (B2B (Business to Business) Refers to one business communicating with or selling to another. See B2B e-commerce, B2C and B2G. B2B - business to business ) eCommerce, announced today that it has been awarded the DM Review World Class Solution Award for Business Intelligence. Acta is being honored for its work with Albemarle Corporation Albemarle Corporation is chemical company with corporate headquarters in Richmond, Virginia and operation headquarters in Baton Rouge, Louisiana. It is a globally recognized specialty chemical manufacturing enterprise. , a leading chemical company. Acta recently implemented its new eCommerce Data Platform for both eCommerce and business-intelligence projects at Albemarle. "We view the DM Review award as strong vote of confidence for our work with cutting-edge eBusinesses," said Acta 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 Carol Mills Baldwin. "Albemarle is leading the way in eCommerce solutions in the chemical industry and we are proud to provide the data infrastructure for their ongoing efforts. Albemarle is an international leader in the development, manufacture and marketing of complex and innovative chemicals. The company's eCommerce strategy includes using Acta's data platform to analyze customer revenue across business areas and geographies--comparing actual, booked and forecast revenue to enhance production and inventory planning--and using direct system-to-system integration to allow select customers to directly update Albemarle forecasts to more accurately manage inventory levels. "Acta has been outstanding work in helping us realize our potential as an eBusiness," said John McChesney, manager of Customer Connect at Albemarle Corporation. "The Acta platform is helping us access the back-office data that is needed for true B2B eCommerce and for a better understanding of our evolving and rapidly changing business." Leader in 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. data extraction/movement The Acta platform resolves one of the principle issues in eCommerce today: that back-office systems are not designed to meet the data demands of B2B eCommerce and business intelligence. The Acta platform consists of ActaWorks(TM), an award-winning data movement-and-management server, and eCaches(TM), a suite of packaged data caches that speed the delivery of back-office data in specific subject areas of eCommerce and business intelligence. For the DM Review award, Acta was chosen as the winner in the "data acquisition and integration" category. Recently, the company won honors from the HurwitzGroup, which ranked Acta number one for extracting and moving data from SAP R/3, the leading 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) system from SAP (NYSE NYSE See: New York Stock Exchange : SAP). The company was also selected for this year's Hot 100 list in UPSIDE Upside The potential dollar amount by which the market or a stock could rise. Notes: This is basically an educated guess on how high a stock could go in the near future. See also: Bull, Downside Magazine, a leading business publication. In a recent press announcement, DM Review wrote, "these world class implementations represent some of the most strategic initiatives in the business intelligence, data warehousing See data warehouse. data warehousing - data warehouse and e-business industry." The five winners were chosen from more than 50 case studies by a panel of judges Panel of Judges is an indie pop band from Melbourne, Australia. Members
Bank of America (NYSE: BAC TYO: 8648 ) is the largest commercial bank in the United States in terms of deposits, and the largest company of its kind in the world. , David Raab of Raab Associates, Marcia Rhode of Braun Consulting, Beth Terlip of Terlip Information Engineering Resources and Dr. Barbara Wixom from the McIntire School of Commerce/University of Virginia. About Acta Technology, Inc. The Acta eCommerce Data Platform is the first and only solution designed to make enterprise data eCommerce-ready for all channels in the Networked Economy. With Acta's highly scalable data platform, enterprises can maintain a real-time, online dialogue with customers and partners- providing them the critical information they need for transactions and business analysis. Acta partners with leading vendors offering enterprise resource planning (ERP), front-end eCommerce, and eAnalytic solutions. Headquartered in Mountain View, CA, Acta has international offices in London, Frankfurt, Paris, Stockholm, the Netherlands, and Zurich. 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 http://www.acta.com Acta, ActaWorks, and eCache 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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