Acxiom Continues Major Data Center Management Agreement with TransUnion; Transformational Technology Enhances Longstanding Partnership.LITTLE ROCK, Ark. -- Acxiom Acxiom is a customer and data information management company, offering a range of products and services including information technology outsourcing. It has been described as "one of the biggest companies you've never heard of. (R) Corporation (Nasdaq:ACXM) today announced a five-year extension of its data center management outsourcing (1) Contracting with outside consultants, software houses or service bureaus to perform systems analysis, programming and datacenter operations. Contrast with insourcing. See netsourcing, ASP, SSP and facilities management. agreement with TransUnion(R), a leading global information solutions company. The contract renewal extends through 2010 with an estimated average annual revenue of $60 million to $70 million. "The most successful business relationships are forged forge 1 n. 1. A furnace or hearth where metals are heated or wrought; a smithy. 2. A workshop where pig iron is transformed into wrought iron. v. when both companies share values, a commitment to success, and a vision of the future," said TransUnion Chief Executive Officer Harry Gambill. "That is exactly where TransUnion and Acxiom stand together. Both companies possess the energy and the innovation required for success in today's complex global economy." Acxiom Company Leader Charles D. Morgan Morgan, American family of financiers and philanthropists. Junius Spencer Morgan, 1813–90, b. West Springfield, Mass., prospered at investment banking. said he appreciates the continued partnership with TransUnion and the confidence the Chicago-based company has placed in Acxiom since the companies' relationship began in 1992. In the partnership, Acxiom and TransUnion combine their data and technology expertise to help clients create consistent information across an enterprise, decrease application processing run times and enhance customer-centric marketing efforts. While continuing to operate TransUnion's massive and sophisticated mainframe, client server and network operations, Acxiom also is in the process of migrating initial TransUnion applications to a grid-enabled information management platform. This will provide TransUnion the ability to store more data, update it quicker and perform analytics faster and more cost effectively. "We are particularly proud TransUnion has recognized the growing value of a scalable and configurable grid-enabled information management platform and how that technology will help them transform how products and services are created and delivered," Morgan said. "This new proprietary platform will serve as the foundation for us to collaborate and build future applications for the transformational technology." Earlier this year, TransUnion and Acxiom announced their strategic collaboration Working together on a project. See collaborative software. to create the Fraud Management Platform, a comprehensive, enterprise-wide approach to combating the growing problem of fraud. The Fraud Management Platform uses TransUnion and Acxiom data plus business rules from both companies, and is marketed by both companies. About Acxiom Corporation Acxiom Corporation (Nasdaq: ACXM) integrates data, services and technology to create and deliver customer and information management solutions for many of the largest, most respected companies in the world. The core components of Acxiom's innovative solutions are Customer Data Integration (CDI CDI compact disc interactive: a system for storing a mix of software, data, audio, and compressed video for interactive use under processor control ) technology, data, database services, IT outsourcing, consulting and analytics, and privacy leadership. Founded in 1969, Acxiom is headquartered in Little Rock, Arkansas Little Rock, Arkansas required military intervention to desegregate schools (1957–1958). [Am. Hist.: Van Doren, 556–557] See : Bigotry , with locations throughout the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and Europe, and in Australia and Japan. For more information, visit www.acxiom.com. Acxiom is a registered trademark of Acxiom Corporation. About TransUnion TransUnion is a leading global information solutions company that customers trust as a business intelligence partner and commerce facilitator. TransUnion offers a broad range of financial products and services that enable customers to manage risk and capitalize on Cap´i`tal`ize on` v. t. 1. To turn (an opportunity) to one's advantage; to take advantage of (a situation); to profit from; as, to capitalize on an opponent's mistakes s>. market opportunities. The company uses leading-edge technology coupled with extensive analytical analytical, analytic pertaining to or emanating from analysis. analytical control control of confounding by analysis of the results of a trial or test. capabilities to combat fraud and facilitate credit transactions between businesses and consumers across multiple markets. Founded in 1968, Chicago-based TransUnion employs 4,100 associates that support clients in 29 countries. Visit us at www.transunion.com. |
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