Exeros Spends 2007 on the Cutting Edge of Data Trends
- Continued momentum demonstrates success in Master Data Management
environments, product innovation, partnerships, and services -
SANTA CLARA, Calif., Jan. 8 /PRNewswire/ -- Exeros(R), Inc., an innovator
in automated data relationship discovery software, today announced a record
year for 2007, resulting from the continued adoption of Exeros Discovery, the
latest version of the company's automated data relationship discovery
solution. This accomplishment is a direct result of tremendous growth in the
company's Fortune 1000 customer base, particularly among many of the nation's
leading credit card, insurance and global investment and asset management
institutions.
In addition to winning new customers and completing successful deployments
at several large, well-known companies, in 2007 Exeros entered into strategic
partnerships with several IT industry leaders, including Business Objects and
Siperian. The company also launched its annual "Fastest Data Mapper" contest,
which showcased the best human data analysts and the ways in which Exeros can
make them faster and more accurate.
"Exeros had an exciting year," said Piyush Gupta, CEO of Exeros. "We
enhanced our product, honed our services, grew our partnerships and showed the
value of the Exeros solution. Carving out a place in the market is something
that every new company must do, and Exeros has done that while positioning the
company for even greater achievements in the new year." Some of the
highlights from 2007 include:
Partnerships
-- Exeros technology is being used by VIP Consulting as part of a new
service - MDM Readiness Assessments. VIP's offering is based on Exeros
Discovery software and enables users to prepare for successful MDM
ventures.
-- Exeros, along with other leaders in data management, founded MDM
University, an online forum dedicated to exploring issues and providing
expertise and information to help enterprises prepare for successful
Master Data Management deployments.
-- Business Objects and Exeros joined forces to accelerate time to
deployment of data lineage projects for users of BusinessObjects(TM)
Metadata Manager XI in complex heterogeneous environments.
-- Princeton Softech and Exeros entered a reseller agreement that provides
the first complete solution for the discovery and de-identification of
confidential data within structured data sources.
-- Exeros and Siperian, developers of a leading master data management
(MDM) platform, joined in a strategic partnership to accelerate the MDM
deployment process and to deliver customers faster time to value.
Product announcements
-- In February, Exeros launched DataMapper 3.0, which gives business
decision-makers a more comprehensive and actionable look inside their
data than ever before. DataMapper 3.0 presents significant cost, time
and speed advantages to enterprises undertaking data governance,
integration and compliance initiatives.
-- Exeros Discovery, formerly known was Exeros DataMapper, was launched in
September. The latest version of this automated data relationship
discovery solution removes manual processes from the discovery of
forgotten business rules and data lineage, hidden sensitive data, and
unknown data inconsistencies. The new version also includes several
enhancements that give business decision-makers a more flexible,
comprehensive, and actionable look inside their data than ever before.
Events
-- Exeros' "Fastest Data Mapper Contest" took place online in February.
This challenge showcased the best human data analysts and the ways in
which Exeros can make them even faster, more accurate and free them to
concentrate on more valuable activities. More than 200 contestants
across six countries were judged on the number and accuracy of the
target table columns that were mapped.
-- Exeros sponsored a survey of IT decision-makers and uncovered
fascinating results, including the fact that two-thirds of IT
executives have delayed or abandoned data governance initiatives,
revealing an alarmingly high failure rate for projects managing a
company's most critical asset -- its data. The survey, conducted by
First Market Research, sought to understand the experiences of IT
executives implementing and managing data governance projects.
About Exeros
Exeros, the leading data relationship discovery and management company,
helps organizations accelerate time to market for their data governance
initiatives. Exeros' customers include some of the world's largest financial
institutions including investment banks, credit card issuers, and insurance
and financial management firms. The company's innovative data relationship
discovery engine and analyst work bench, Exeros Discovery, are the most
advanced and complete solutions for discovering business rules, data lineage,
hidden sensitive data and unknown data inconsistencies buried in corporate
data sources. For more information, call: 408-919-0191; email:
info@exeros.com, or visit www.exeros.com.
Exeros and Exeros Discovery are trademarks of Exeros, Inc.
The names of actual companies or products mentioned herein may be the
trademarks of their respective owners.
Contact:
Jim Baptiste
Davies Murphy Group, Inc.
(781) 418-2438
exeros@daviesmurphy.com
SOURCE Exeros, Inc.
Jim Baptiste of Davies Murphy Group, Inc., +1-781-418-2438,
exeros@daviesmurphy.com, for Exeros, Inc.
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