CAMBRIDGE, Mass., June 20, 2006 -- Endeca, a next-generation search and information access company, and Silver Creek Systems, a provider of enterprise Product Data Quality solutions, today announced a partnership to help manufacturing, distribution and retail businesses unlock the latent value of product data and content. The joint solution, which features Silver Creek Systems' DataLens™ System and the Endeca Information Access Platform (IAP), combines best-of-breed capabilities to standardize, enrich and integrate product information and rapidly deploy search and information access applications. As a result, businesses can increase and accelerate the return on product information management and master data management investments.
An October 2005 report entitled, "Worldwide Master Data Management Software and Services 2005-2009 Forecast", by independent research firm IDC stated the market for master data management (application and infrastructure software and related services) reached $5.4 billion in 2004 and should grow to $10.4 billion in 2009, a compound annual growth rate of 13.8 percent.
The joint Endeca and Silver Creek solution gives companies the ability to provide key users -- employees, customers, partners -- intuitive access to consistent, complete, contextual and accurate product data. This joint, integrated foundation gives end users the ability to quickly explore, find and analyze product data in ways not possible with traditional search and database approaches.
Silver Creek Systems has next-generation data quality software specifically designed to adapt product data to today's customer-driven sales and supply-chain business requirements. Their DataLens System standardizes and enriches product data irrespective of source, through a combination of data normalization, classification, mapping, cleansing and attribute extraction.
The Endeca IAP gives organizations the ability to unite disparate data sources while maintaining, augmenting and even creating relationships across data and content. This contextual information can then be dynamically exposed in an intuitive, Web-based search and browse interface.
Together, these applications normalize and unite product information from disparate enterprise systems to support a wide variety of business processes, including Supply Chain Management (SCM), Customer Experience Management (CEM), B2B eCommerce, online retail, inventory management, eProcurement, parts reuse, strategic sourcing, and more.
"PIM and MDM initiatives can yield substantial operational benefits as well as competitive advantages, but increasing and accelerating associated ROI requires making this data more usable and accessible across a variety of applications," said Chris Reisig, senior vice president of worldwide sales at Endeca. "By teaming with Silver Creek Systems we can offer customers a solution that addresses today's most pressing information access pains while providing the flexible foundation to solve a wide variety of current and future product information and master data challenges."
"Data is the lifeblood of any modern company," said Jim Wambach, vice president of worldwide sales and business development for Silver Creek Systems. "And companies are realizing that they can only get optimal results with high quality data that can be easily adapted for any business purpose -- from procurement to sales. Our partnership with Endeca enhances the quality of the data going into the Endeca Information Access Platform, further enhancing the customer benefits of their search, navigation and analysis capabilities."
Silver Creek Systems is a Gold Sponsor of the Endeca Discover 2006 User Conference and will be demonstrating the DataLens System and how it can be used to complement the Endeca IAP.
About Endeca
Endeca is a next-generation search and information access company.
Combining patented intellectual property, breakthrough science and
a deep focus on user experience, the Endeca Information Access
Platform helps people find, analyze and understand information in
ways never before possible. Leading global organizations like ABN
AMRO, Bank of America, Boeing, Costco, Cox Newspapers, The (US)
Defense Intelligence Agency, The Home Depot, Hyatt, IBM, John
Deere, Lehman Brothers, The Library of Congress, Texas Instruments,
and Walmart.com rely on Endeca to power business-critical
applications that increase revenue, reduce costs and streamline
operations.
Headquartered in Cambridge, MA, Endeca is a private company with operations in North America, Europe and Asia. For more information: www.endeca.com or info@endeca.com.
About Silver Creek Systems
Silver Creek Systems, the leader in enterprise Product Data Quality solutions, uses patented next-generation data quality software designed from the ground-up to adapt complex product data to today's customer-driven sales and supply-chain business requirements. Based on Data Refraction™ technology, the DataLens™ System resolves data incompatibility and delivers high quality, usable data for connecting the enterprise. From data standardization to item matching, attribute extraction to categorization and language translation, the DataLens System delivers the breakthrough in Product Data Quality that is critical for improved business performance. Silver Creek Systems is based in Westminster, Colo. For more information, visit www.silvercreeksystems.com.