Beiersdorf AG Awards Two-Year Predictive Analytics and Optimization Contract to NuTech Solutions.Business Editors/High-Tech Writers CHARLOTTE, N.C.--(BUSINESS WIRE)--March 11, 2003 Leading European Supplier of Consumer Personal Care Goods Embraces NuTech Solutions For Adaptive Business Intelligence Technology NuTech Solutions, Inc., a leading provider of advanced predictive analytics Predictive analytics encompasses a variety of techniques from statistics and data mining that process current and historical data in order to make “predictions” about future events. and profit optimization software Free and Open Source software
"NuTech Solutions has served Beiersdorf since 1999 as a supplier of predictive analytics and optimization solutions, and we are pleased to extend our relationship with Beiersdorf through the signing of this new contract," said Matthew Michalewicz, 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. , NuTech Solutions. "We look forward to providing Beiersdorf with our leading-edge business intelligence solutions as well as working with them on joint development initiatives." Beiersdorf was established in Hamburg in 1882 and today is a leading European supplier of branded consumer products for cosmetics and personal care, wound care and adhesive tapes. Beiersdorf markets its products in more than 100 countries around the world, employs over 17,500 people, and achieved sales of more than 4.7 billion euros in fiscal year 2002. NuTech Solutions specializes in software products and services that enable companies like Beiersdorf to make faster and more profitable decisions. Based on evolutionary processes and other leading edge technologies, the company's applications extract emerging trends and patterns as they occur and then recommend the best possible course of action. With products and services that can make optimal decisions under uncertainty and constant change, as well as "learn" from previous experiences and "adapt" to changes in the marketplace, NuTech Solutions arms its customers with a real competitive advantage. NuTech Solutions' recently extended its ability to provide adaptive business intelligence solutions to world-class organizations such as Beiersdorf with its acquisition of the software development and consulting operations of BiosGroup, Inc. About NuTech Solutions, Inc.NuTech Solutions, Inc. provides predictive analytics and profit optimization software products for Global 1000 companies in the financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. , manufacturing and retail industries as well as for governmental departments and agencies. Based in Charlotte, N.C. and with offices around the world, NuTech Solutions' products produce measurable increases in revenue and reductions in cost. The company's client roster includes General Motors, Ford Motor Company, Bank of America
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. , Siemens, BB&T, ChevronTexaco, BMW BMW in full Bayerische Motoren Werke AG German automaker. Founded as an aircraft engine manufacturer in 1916, the company assumed the name Bayerische Motoren Werke and became known for its high-speed motorcycles in the 1920s. , Beiersdorf, U.S. Department of Defense, Honda, Air Liquide
Southwest Airlines Co. , Proctor and Gamble, Boeing, Dupont, Safeway, Corning, Polish National Air Force, FujiTec, Wells Fargo Wells Fargo armored carriers of bullion. [Am. Hist.: Brewer Dictionary, 1147] See : Protectiveness Wells Fargo company that handled express service to western states; often robbed. [Am. Hist. , and Unilever. Forward-looking (safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. ) statement Statements made in this news release that relate to future plans, events or performances are forward-looking statements. Any statement containing words such as "believes", "plans", "expects" or "intends" and other statements which are not historical facts contained in this release are forward-looking, and these statements involve risks and uncertainties and are based on current expectations. Consequently, actual results could differ materially from the expectations expressed in these forward-looking statements. |
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