Convoy Corporation Establishes Operations in Europe; Convoy/DM Slashes up to 75% of PeopleSoft Data Migration Costs for Global Customers.EMERYVILLE, Calif.--(BUSINESS WIRE)--Jan. 4, 1999--European PeopleSoft customers can now reduce their project risks and cut their data migration costs by up to 75 percent or more with Convoy/DM(TM), the data migration tool from Convoy Corporation. Convoy, the premier data migration and integration solutions leader for PeopleSoft applications in the U.S., today launches an aggressive market introduction for its products and services in Europe. Included in this introduction are significant investments in European resources and services that are now in place in the UK and the Netherlands. The success of an 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. (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. ) implementation project depends on timely and effective data migration, which can represent one-third of project costs and time. The complexity of PeopleSoft data migration can be overwhelming, with many hidden obstacles and complexities. Yet, one of the main reasons businesses move to ERP systems is to unify data spread out all over the business. Rick Flood, Convoy's European general manager, explains the problems facing companies implementing ERP solutions, "Data migration is typically one of the most troublesome steps in any ERP implementation. It can take months to manually design the data conversion and interface programs without a tool like Convoy's." With Convoy's migration tool, Convoy/DM, a company can cut the time and cost associated with converting legacy data to PeopleSoft applications. 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. Flood, "Convoy's experience with over 100 customers shows that a data migration effort that would have taken six months is typically completed in less than two months using Convoy/DM, which translates into a large implementation advantage." PeopleSoft Certification Convoy's flagship product A primary product of a company, which is typically why the company was founded and/or what made it well known. For example, MS-DOS, Windows and the Microsoft Office suite have been flagship products of Microsoft. CorelDRAW is a flagship product of Corel Corporation. , Convoy/DM, has become the standard data migration tool for PeopleSoft implementations, having been used by over 100 PeopleSoft customers. In addition, Convoy/DM facilitates the rapid development of interfaces to legacy systems and other third party applications. Convoy already has a substantial partner relationship with PeopleSoft, and Convoy/DM received formal certification from PeopleSoft last year -- the only migration tool to earn such an endorsement. PeopleSoft's certification signifies Convoy/DM's compatibility with the entire PeopleSoft suite of enterprise applications. According to Flood, Convoy's mission is simple, "To provide in-house and consultancy project implementation teams with the data migration and integration tools necessary to ensure the success of PeopleSoft application implementation." 100+ Customers Convoy Corporation signed its 100th worldwide customer last November and already boasts a number of high-profile European customers 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, professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. , and retail markets. John Valencia, Convoy president and 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. , is determined that the company will be "the PeopleSoft standard for data migration and integration in the PeopleSoft ecosystem." With Convoy's track record in the US, PeopleSoft's European customers can now achieve significant savings in terms of time and money. "In targeting PeopleSoft, we are going after one of the fastest growing ERP marketplaces worldwide," commented Valencia. Data migration is the key to ERP implementations, year 2000 solutions, and data warehousing See data warehouse. data warehousing - data warehouse . While several other vendors offer tools to simply move data, according to Valencia, one way Convoy differentiates itself is that the product automatically learns about the data requirements of the legacy and PeopleSoft systems. "Most of our competitors can move and transform data, but Convoy has the ability to dynamically extract knowledge of the source and target applications. Users do not have to build the transformation and validation rules on their own. All relationships in the data, whether customized by the user or obtained from the base PeopleSoft application, are found by Convoy/DM and used to quickly and accurately migrate information, removing the need for users to be application experts." Fastest Growing Company in Middleware Convoy is ranked as the fastest growing company in the middleware business sector in Software Magazine's prestigious Software 500 list for 1998. With worldwide revenue growth from 1996 to 1997 of 670 percent, Convoy is also listed as the 6th fastest growing software vendor overall. About Convoy Corporation Convoy Corporation, headquartered in Emeryville, California Emeryville is a small city located in Alameda County, California , in the United States. It is located in a corridor between the cities of Berkeley and Oakland, extending to the shore of San Francisco Bay. , is the leader in providing sophisticated rapid implementation products and services for moving data between PeopleSoft and other enterprise applications. Convoy's flagship product, Convoy/DM, has become the standard tool for PeopleSoft implementations, with over 100 organizations worldwide successfully using it in mission-critical applications. These companies include 3M, Allied Signal, American Express American Express (NYSE: AXP), sometimes known as "AmEx" or "Amex", is a diversified global financial services company, headquartered in New York City. The company is best known for its credit card, charge card and traveler's cheque businesses. , Boise Cascade Boise Cascade Holdings, LLC, which uses the trade name Boise, is an American pulp and paper company, ranked as the thirteenth largest forest products company in the world. , Campbell Soup, Chase Manhattan Bank The Chase Manhattan Bank, now part of JPMorgan Chase, was formed by the merger of the Chase National Bank and the Bank of the Manhattan Company in 1955. The bank is headquartered in New York City. , Cornell University Cornell University, mainly at Ithaca, N.Y.; with land-grant, state, and private support; coeducational; chartered 1865, opened 1868. It was named for Ezra Cornell, who donated $500,000 and a tract of land. With the help of state senator Andrew D. , Federal Express, Goldman Sachs, Kaiser Permanente, KMART, Marriott, Rockwell, Sears, TRW TRW The Real World (TV reality show) TRW The Right Way TRW Tactical Reconnaissance Wing TRW The Retriever Weekly (University of Maryland, Baltimore, MD) TRW Thompson Ramo Wooldridge Inc , Weyerhauser, and many others. Convoy/DM supports a client/server architecture and the entire suite of PeopleSoft applications including Human Resources, Financials, Manufacturing, Distribution, and Student Administration. In addition, Convoy/DM facilitates the rapid development and maintenance of interfaces between PeopleSoft and other applications, including legacy systems. Convoy is a Software Alliance Partner in PeopleSoft's Global Alliance Program, and is the only data movement tool certified for use with PeopleSoft applications. Convoy has strong relationships with key consulting organizations and systems integrators including IBM Global Services IBM Global Services is the world's largest business and technology services provider. It is the fastest growing part of IBM, with over 190,000 professionals serving customers in more than 160 countries. , Ernst & Young, Megasys, Sierra Systems, Noblestar, and Atlantic Duncans, all of which use Convoy products in their application implementations. Convoy products are sold worldwide through Convoy Corporation and can be found on the Web at www.convoy.com. Note to Editors: Convoy and Convoy/DM are trademarks of Convoy Corporation. All other company or product names are the property of their respective holders. |
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