Vitria and KPMG Consulting Form Worldwide Alliance to Deliver E-business Solutions to Global 1000 Companies.
SUNNYVALE, Calif.--(BUSINESS WIRE)--Dec. 6, 2000
Vitria Technology, Inc. (Nasdaq:VITR), a leading E-business platform provider, and KPMG Consulting, LLC, a leading Internet integration services company, today announced a global alliance to provide new E-business solutions to KPMG Consulting customers worldwide.
The alliance pairs KPMG Consulting's experience in Internet-based business operations with Vitria's industry-leading E-business platform. Together, the two companies have established a cross-industry practice and powerful reference architecture to help enable customers to quickly implement high-performance ebusiness solutions across an Internet-enabled network of trading partners and suppliers.
This worldwide alliance could help companies achieve long-term competitive advantages, by reducing time-to-market for products and services, lowering the cost of operations, and simplifying business interaction with partners, suppliers and end-customers.
Vitria's BusinessWare E-business platform streamlines and automates product and service supply chains, in a seamless modeling and execution environment. KPMG Consulting will harness BusinessWare for horizontal initiatives such as the creation of an enterprise application integration framework to benefit a wide range of customers. BusinessWare also will help enable KPMG Consulting to create end-to-end E-business solutions for specific industry sectors including communications, financial services, high tech manufacturing and utilities. For example, KPMG Consulting may use BusinessWare to link its operational support system (OSS) platform with the business processes driven by other function-specific software components -- such as customer care and billing -- to create a platform that will streamline customer acquisition and management.
Because BusinessWare is based on open industry standards such as XML, it allows companies to electronically bond with their suppliers, business partners and customers, to conduct automatic, system-to-system exchange of business information and transactions in real-time, and to establish flexible trading partner networks. This capability could give KPMG Consulting's clicks-and-mortar and business-to-business customers the advantage of an E-business platform with out-of-the-box functionality. In addition, electronic bonding could give all KPMG Consulting customers the potential to expand their business through access to the Vitria Business Network of other Vitria-enabled trading communities and their exchanges, hubs and trading partners.
"KPMG Consulting is committed to helping our clients leverage new technologies to achieve long-term business benefits," said Jerry Iacouzzi, managing director, KPMG Consulting. "Vitria's BusinessWare is a flexible platform that can be quickly adapted to meet our service provider customers' needs, helping them to secure and sustain competitive advantage. The Vitria Business Network brings additional value to our customers by helping to create more agile business relationships that can exploit new market opportunities. We look forward to building and deploying industry-leading solutions with Vitria that could help our customers rapidly achieve strategic business benefits."
To speed the roll-out of these joint solutions, seek innovation and work to provide consistent support, Vitria and KPMG Consulting will collaborate on extensive training for KPMG Consulting professionals and establish a BusinessWare specialization in design and implementation of E-business platforms. BusinessWare will be deployed in KPMG Consulting's five U.S. Solution Centers in Dallas; Denver; Liberty Corner, N.J.; Mountain View, Calif. and McLean, Va.
"KPMG Consulting and Vitria are aligned in their vision to provide customers with a platform for the next generation of E-business, which Vitria calls 'business-to-network' or B2N, activity," said JoMei Chang, president and CEO of Vitria. "We are pleased to partner with KPMG Consulting to enable their customers to bond electronically with trading partner networks and communities, as well as tap into the larger Vitria Business Network for significant and instantaneous expansion of business opportunities."
Cable Industry Success
KPMG Consulting worked with a leading Cable provider to select BusinessWare as the key EAI tool for the integration of the company's various business systems. The goal was to integrate several parallel systems spanning multiple business units resulting in a single view of the customer. The intensely competitive nature of the cable industry is pushing participants to bring cutting-edge technological solutions to customer service. Customers do not see the internal systems interacting, but feel the end-result: Better customer service and sustained loyalty to their cable provider.
Communications eBusiness Success
A leading global provider of communications services turned to KPMG Consulting and Vitria's BusinessWare for the foundation of its ebusiness initiatives. The solution is targeted to eliminate time-consuming, error-prone manual processes, and integrate and streamline business functions driven by multiple back-office systems -- such as billing, customer care and service provisioning -- enabling the communications leader to advance E-business initiatives including offering greater customer service options via the Web, and completing service provisioning with partner providers more efficiently.
About KPMG Consulting
KPMG Consulting, LLC is a leading provider of Internet integration services. For more information, visit us on the Web at http://www.kpmgconsulting.com.
Vitria Technology, Inc. is a leading ebusiness platform provider. Vitria's eBusiness platform, BusinessWare, automates mission-critical business processes across the extended enterprise, reducing time to market, shortening lead times, lowering operating costs, and increasing customer satisfaction. Vitria is a publicly traded company (Nasdaq:VITR) based in Sunnyvale, Calif. For more information, call 408/212-2700, visit the company's Web site at www.vitria.com, or send email to email@example.com.
This press release includes forward-looking statements that are subject to risks, uncertainties and other factors that could cause actual results to differ materially from those referred to in the forward-looking statements. Such factors include, but are not limited to, risk as related to market acceptance of Vitria's product, deployment delays or errors associated with these products, hardware platform incompatibilities, reliance on a limited number of customers for a majority of revenue, need to maintain and enhance certain business relationships with system integrators and other parties, ability to manage growth, activities by Vitria and others regarding protection of proprietary information, release of competitive products and other actions by competitors, Year 2000 problems and economic downturns in either domestic or foreign markets. These forward-looking statements are generally identified by words such as "expect," "anticipate," "intend," "believe," "hope," "assume," "estimate" and other similar words and expressions.
Note to Editors: BusinessWare(R) is a trademark of Vitria Technology, Inc. All other names may be trademarks of the companies with which they are associated.
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|Date:||Dec 6, 2000|
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