Zilliant Delivers ''Price Engine Ready'' Recommendations to Packaged Order Management Applications.AUSTIN, Texas -- Latest Release of Zilliant's Price Integration Framework Provides Seamless Integration An addition of a new application, routine or device that works smoothly with the existing system. It implies that the new feature or program can be installed and used without problems. Contrast with "transparent," which implies that there is no discernible change after installation. to Quote and Order Applications from SAP, Oracle and Siebel Zilliant, the leading provider of data-driven price management applications, today announced the general availability of its Price Integration Framework 5.4, which enables the Zilliant Precision Pricing Suite (ZPPS) to accept and publish pricing rules from leading enterprise order management applications. A component of the recently released ZPPS 5.4, the Price Integration Framework provides easy, upgradeable integration support between Zilliant's science-based pricing setting and execution applications and transaction-oriented order management systems from leading 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. and CRM (Customer Relationship Management) An integrated information system that is used to plan, schedule and control the presales and postsales activities in an organization. vendors. It extracts transaction, product, and customer data from the order management application, uses the data to produce optimized price recommendations, and then feeds pricing rules and conditions back into the application in the native format of its pricing engine. "Most companies have deployed packaged order management applications from vendors such as SAP, Oracle and Siebel. These investments have improved the integrity and scalability of pricing administration, but have done little to enhance pricing intelligence and profitability," said Eric Hills, Zilliant VP of Marketing. "That is why so many customers are integrating ZPPS with their order management applications, to create a holistic Holistic A practice of medicine that focuses on the whole patient, and addresses the social, emotional, and spiritual needs of a patient as well as their physical treatment. Mentioned in: Aromatherapy, Stress Reduction, Traditional Chinese Medicine , data-driven system for price setting, execution, and fulfillment ful·fill also ful·fil tr.v. ful·filled, ful·fill·ing, ful·fills also ful·fils 1. To bring into actuality; effect: fulfilled their promises. 2. that unleashes the full power of pricing. Our investment in the Price Integration Framework helps our customers achieve this goal in a scalable, supportable fashion." Price Integration Framework 5.4 supports SAP's Java Connector A programming interface (API) that provides an interface between a Java program and a legacy application such as CICS and R/3. Java Connectors, which are part of the J2EE platform, make legacy applications look like an Enterprise JavaBean (EJB) to the Java program. See J2EE. (SAP JCo) to connect directly to pricing-related RFC/BAPI interfaces. This "price engine ready" feature enables Zilliant's many customers who run SAP to integrate Zilliant's price recommendations into SAP's pricing module. This integration approach will accelerate deployment, increase adoption, and maximize business benefits for these customers without introducing risk or complexity to their order management processes. About Zilliant Zilliant is the leading provider of data-driven price management solutions that enable our customers to fully exploit their enterprise transactional history to improve price setting and execution. Zilliant's Precision Pricing Suite combines proprietary price segmentation and optimization optimization Field of applied mathematics whose principles and methods are used to solve quantitative problems in disciplines including physics, biology, engineering, and economics. science with easy-to-use business applications to help customers determine and negotiate the "best" pricing for every sales transaction. Greater price differentiation and smarter price strategies have helped Zilliant's customers increase profits by tens of millions of dollars. Headquartered in Austin, Texas, Zilliant 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. . Investors include Austin Ventures, Cardinal Ventures, JP Morgan Partners, and Trellis 1. Trellis - An object-oriented language from the University of Karlsruhe(?) with static type-checking and encapsulation. 2. Trellis - An object-oriented application development system from DEC, based on the Trellis language. (Formerly named Owl). Partners. For more information contact Zilliant at 877.893.1085 or visit www.zilliant.com. |
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