Conversion Services International Adds Designer Manufacturer to Client Roster
09 Octobre 2007 - 5:00PM
PR Newswire (US)
CSI Selected to Conduct Information Management Strategy, Proof of
Concept and Tool Selection Engagement EAST HANOVER, N.J., Oct. 9
/PRNewswire-FirstCall/ -- Conversion Services International, Inc.
(AMEX:CVN), a premier professional services firm focused on
business intelligence and business process optimization solutions
to Global 2000 organizations and other businesses, today announced
the addition of a $2.6 billion, global manufacturer of designer
accessories to its growing client base. This S&P 500 company is
one of CSI's 16 retail clients with whom it has 26 engagements. In
3rd quarter 2007, Conversions signed 30 engagements with 30
clients. (Logo:
http://www.newscom.com/cgi-bin/prnh/20060421/NYF015LOGO ) This
client wanted to provide a global view of corporate information
that will deliver more value to the management team and users,
while reducing overall costs and complexity, provide a scalable
architecture, as well as understand the delicate balance between
operational reporting and data warehouse reporting. They chose CSI
for its expertise in operational business intelligence, extensive
experience with prospective data warehousing tools, vendor neutral
approach, and previous success with management. CSI's Strategic
Quick Start Information Management Solution, along with Tools
Analysis and Selection, and an integrated Proof of Concept
implementation provide immediate return on investment and a road
map to gain long-term benefits. When making product decisions for a
data warehousing (DW) environment, the platform is critical. It
should be chosen with care and active discernment over the issues
and marketing messages. A culture is created around the selected
platform, and organizations will hire and train people to support
it. It becomes the primary driver for hardware and other software
selections. Business users attend user group meetings and interact
with others using the platform for similar purposes. Organizations
also tend to consultancy on the platform and research how to most
effectively exploit the technology, looking to vendor support to
add relevant features and capabilities. As leading information
management practitioners with expertise in business-first
information usage, CSI appreciates and recommends reporting, and
various related data access activities, take place in the
appropriate tier, be it operational or post-operational. Like many
CSI clients, this retail company looks to CSI to deliver
significant business value quickly and to reduce business and
technology reconciliation and quality assurance effort. Benefits
gained from this type of engagement are measured in consistent,
reliable and standard information as a foundation for global
business; and integrated and structured information enabling
greater decision-support capacity; and increased business
efficiency and reduced IT costs. CSI leverages its proven and
documented best practices when performing strategic engagements.
These best practices yield high value, low cost initial phases for
Business Intelligence initiatives as well as short-, medium- and
long-term project objectives. CSI offers a suite of professional
services designed for organizations with existing data
warehouse/business intelligence programs that want to improve
service levels to the business and take their programs to a higher
level of maturity. The Information Management Quick-Start Strategy
Engagement includes analyzing clients' needs and providing expert
advice across the process, people, and technology dimensions'
critical success factors. CSI brings real-world experience in
effectively selecting and planning the next data warehouse success
for our client's businesses. Benefits that clients receive from
CSI's Information Management Quick-Start Strategy Engagements
include gaining further insight to applicable advances in the
business intelligence and data warehousing industry, the pros and
cons of their current environment, the development of goals and
company-specific critical success factors. In addition CSI focuses
on understanding our clients' unique requirements, and the
underlying technologies of each vendor product. CSI's Tool Analysis
and Recommendation services can identify the most appropriate
products for a client's specific requirements and maximize the
value each vendor delivers, while maintaining vendor independence.
In this particular case, CSI will oversee a Proof of Concept (POC)
using both Teradata and Netezza. CSI has a proven method for
running POCs to ensure our clients are comfortable with this very
important platform decision, and to show an immediate return on
their investment. CSI's Proof of Concept approach ensures that
fundamental elements necessary for a successful implementation can
be established up-front through using a partially populated data
warehouse/mart and a collection of business intelligence reports
that provide a broad range of sophisticated cause-and- effect
analysis. The proof of concept is based on a limited data model,
which incorporates relevant business data to enable users to
understand the value of a fully implemented data warehouse or mart.
This service is often used to evaluate the tools and efforts
necessary to integrate the selected tools. The prototype can be
used as the foundation or starting point for a full production
system. According to Glenn Peipert, executive vice president and
chief operating officer of CSI, added, "CSI's expertise and keen
focus on leveraging information as a strategic asset -- along with
our experienced senior staff of strategists -- ensures our clients
have access to the most comprehensive solutions for their
information management needs. Our approach enables organizations to
use the 'enterprise information asset' for strategic analysis,
customer-centricity, performance and productivity analytics, and
personalization, supporting the transition of an organization from
operational and line-of-business oriented to an intelligent,
learning, and agile global enterprise, in full leverage of one of
their most important assets -- information. Our clients recognize
that an investment in data warehousing provides opportunities to
create additional revenue and market share, and that these
investments are a key component to differentiating itself in the
market and indeed leading the market in product and services."
Peipert added, "As a general rule, our data warehousing strategy
and proof of concept engagements provide tremendous value and
credibility typically resulting in further engagements with our
clients, securing revenue both in the immediate term as well as in
coming years." About Conversion Services International, Inc.
Conversion Services International, Inc. (CSI) is a leading provider
of professional services focusing on strategic consulting, data
warehousing, business intelligence, business process reengineering,
as well as integration and information technology management
solutions. CSI offers an array of products and services to help
companies define, develop, and implement the warehousing and
strategic use of both enterprise-wide and specific categories of
strategic data. CSI's customers include ADP, Coach, Goldman Sachs,
Liberty Mutual, Merck, Morgan Stanley, and Pfizer. Information
about CSI can be found on the web at http://www.csiwhq.com/ or by
calling its corporate headquarters at 888-CSI-5036. Note on
Forward-Looking Statements Except for the historical information
contained herein, this press release contains, among other things,
certain forward-looking statements, within the meaning of the
Private Securities Litigation Reform Act of 1995 that involve risks
and uncertainties. Such statements may include, without limitation,
statements with respect to CSI's plans, objectives, expectations
and intentions and other statements identified by words such as
"may," "could," "would," "should," "believes," "expects,"
"anticipates," "estimates," "intends," "plans" or similar
expressions. These statements are based upon the current beliefs
and expectations of CSI's management and are subject to significant
risks and uncertainties, including the ability of CSI to be in
compliance with all applicable American Stock Exchange continued
listing requirements, the ability to maintain revenue growth, the
ability to locate and acquire other businesses and to successfully
integrate such acquisitions, the ability to decrease operating
expenses, and those detailed in CSI's filings with the Securities
and Exchange Commission. Actual results may differ from those set
forth in the forward-looking statements. These forward-looking
statements involve certain risks and uncertainties that are subject
to change based on various factors (many of which are beyond CSI's
control). CSI undertakes no obligation to update publicly any
forward-looking statements. Investor Relations: Media Contact:
Porter, LeVay & Rose, Inc. Tracee Lee Beebe Andrew Berlin,
Account Executive Conversion Services International, Inc. Jeffrey
Myhre, VP - Editorial 973-560-9400 212-564-4700
http://www.newscom.com/cgi-bin/prnh/20060421/NYF015LOGO DATASOURCE:
Conversion Services International, Inc. CONTACT: Investors, Andrew
Berlin, Account Executive, or Jeffrey Myhre, VP - Editorial, both
of Porter, LeVay & Rose, Inc., +1-212-564-4700; or Media,
Tracee Lee Beebe of Conversion Services International, Inc.,
+1-973-560-9400, Web site: http://www.csiwhq.com/
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