Softface and DataFlux Combine Efforts to Provide Automated Data Enhancement and Analysis.Business Editors & High-Tech Writers WALNUT CREEK Walnut Creek, residential city (1990 pop. 60,569), Contra Costa co., W Calif., in the San Francisco Bay area; inc. 1914. It is the trade and shipping center of an extensive agricultural area where walnuts are among the major product. , Calif.--(BUSINESS WIRE)--Aug. 27, 2002 Alliance Delivers Repeatable and Comprehensive Spend Analysis; Clients Benefit from Instant and Recurring Cost Savings Softface, Inc., The Procurement Intelligence Company, today announced DataFlux Corporation, a SAS (1) (SAS Institute Inc., Cary, NC, www.sas.com) A software company that specializes in data warehousing and decision support software based on the SAS System. Founded in 1976, SAS is one of the world's largest privately held software companies. See SAS System. Company and leading provider of data quality and data integration solutions that increase the accuracy and reliability of enterprise-wide data assets, has joined the Softface Partner Program as a Procurement Intelligence Partner. DataFlux clients leverage dfPower(TM)Studio, DataFlux's premier product that helps to fix data inconsistencies, match and integrate items within and across data sources, and identify and correct duplicate data in a data source, to normalize normalize to convert a set of data by, for example, converting them to logarithms or reciprocals so that their previous non-normal distribution is converted to a normal one. and enrich vendor names, addresses, and other vendor details within their supply chain systems. By combining DataFlux's product capabilities with Softface's comprehensive commodity and services clarification capabilities, clients will be instantly and automatically armed with the granular-level supplier and commodity details required to negotiate better contracts, reduce duplicate inventory, issue detailed request for quotes, and identify rogue expenditures. "DataFlux customers have regularly used dfPower(TM)Studio to normalize inconsistent data, eliminate and consolidate duplicate data, improve the merging capability of data from dissimilar data sources, and verify and correct addresses and identify critical data quality issues," said Katie Fabiszak, DataFlux director of marketing and business development. "Now with a combined solution, we offer our clients an automated solution that offers pattern recognition as well as free-form text Words and sentences, such as input to a word processor or text editor. Since text is already free form, the term is redundant, but is used to emphasize its unstructured nature. See free-form database. enhancement capabilities to transform previously unusable enterprise data into accurately enriched information, delivering comprehensive analyses to save businesses substantial expenditures." Fran Carlo, Director of Strategic Partnerships for Softface adds, "DataFlux's capabilities perfectly complement Softface's language processing
Language processing refers to the way human beings process speech or writing and understand it as language. and multi-dimensional analysis capabilities. Together, our solutions provide the only readily available, proven and complete scalable strategy for automated data enhancement and analysis. Our customers will benefit by having the only non-manual approach to repeatable and comprehensive spend analysis that results with instant and recurring cost savings." In any Global 2000 company, the sources of spend data are typically internal 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. , manufacturing, and inventory systems and external information providers such as Procurement card vendors and other supplier data, none of which deliver the data in a meaningful format for normalized spending analysis. The typical commodity and vendor information quality ranges from cryptic, free form text to indecipherable groupings of abbreviations and generic commodity codes. Softface's Procurement Intelligence Suite(TM) delivers a high-speed, repeatable data enhancement and analysis solution that builds intelligence into the data automatically. Unlike the manually intensive approach, which involves manually re-writing procurement history information at a rate of 30-40 lines of items per hour into a desktop spreadsheet, Softface's patent-pending core technology automatically generates analysis-ready spending information from multiple data sources at a rate of tens of thousands of entries per hour with a high degree of precision. About Softface's Partner Program The Softface partner program represents an elite group of companies offering market leading Supplier Relationship Management and Content Management solutions that realize their solutions, and in turn their customers' time-to-value, are fuelled by high quality structured information. Utilizing Softface's solutions that automate the enhancement of previously unusable data into perfectly structured content and analyses, our partners' customers benefit from a more compelling and faster return on investment. Better products, services, and vendor visibility results in smarter business decisions, as well as the ability to achieve the promised returns on investments from eSourcing, eProcurement, eCatalog, and Content Management infrastructures. Current Softface partners include Analytics, Austin-Tetra, CommerceOne, DataFlux, Fulltilt, iXmatch, Manugistics and Trigo Technologies. For more information about Softface's partner program, visit www.softface.com/partners. About DataFlux Corporation DataFlux is a North Carolina-based software company that provides leading edge technology for data cleansing See address cleansing and data hygiene. , data augmentation, data linking and consolidation, and data scrubbing (1) Making data more accurate and consistent; in other words, "cleaning it up". It refers to eliminating duplicate records, correcting misspellings and errors in names and addresses, ensuring consistent descriptions, punctuation, syntax and other content issues. . The versatile DataFlux products are designed to significantly improve the accuracy, consistency and reliability of an organization's critical data, enhancing the effectiveness of data-driven applications and initiatives such as data warehousing See data warehouse. data warehousing - data warehouse , business intelligence, e-commerce systems, data mining, customer information systems, sales force automation Automating the sales activities within an organization. A comprehensive SFA package provides such functions as contact management, note and information sharing, quick proposal and presentation generation, product configurators, calendars and to-do lists. , marketing databases, customer/prospect profiling and list management. DataFlux is a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of SAS Institute SAS Institute Inc., headquartered in Cary, North Carolina, USA, has been a major producer of software since it was founded in 1976 by Anthony Barr, James Goodnight, John Sall and Jane Helwig. . For more on DataFlux, visit: www.dataflux.com. About Softface, Inc. Softface is the Procurement Intelligence Company. Softface's solutions speed and simplify the transformation of previously unusable product, services, and supplier data into intelligence that helps our customers save millions of dollars. Our Global 2000 customers leverage our proven core technology to transform the data they already own, inside their transaction systems, into granular spending analysis and precise product content. The results of Softface's solutions drive cost-effective decisions, increase revenues, and enhance profits. Softface's products include the Procurement Intelligence Suite(TM) and the Enterprise Content Suite(TM). Global 2000 customers include Royal Caribbean Cruise Lines
Name Headquarters A'rosa Europe NCL America America AIDA Cruises Europe American Cruise Lines America , Cadence Design Systems (company) Cadence Design Systems - A company that sells electronic design automation software and services. http://cadence.com/. See also Verilog. , Hagemeyer North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , Wilson Supply and Sasol. Softface is a privately held company privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. located in Walnut Creek, Calif. For more information on Softface, visit the company's web site at www.softface.com or call 925/279-1097. Softface, Softface Content Console, Softface Procurement Intelligence Console, Softface Designer, Softface Engine, Softface Procurement Intelligence Suite, and Softface Enterprise Content Suite are trademarks of Softface, Inc. All other company and product names mentioned herein are trademarks or registered trademarks of their respective holders. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion