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, January 8, 2008 Exeros®, 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™ 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. 

Contact:
Jim Baptiste
Davies Murphy Group, Inc.
(781) 418-2438
jbaptiste@daviesmurphy.com
http://www.daviesmurphy.com

About Exeros
Exeros, the leading data relationship discovery and management company, helps organizations accelerate time to market for their data governance and integration initiatives.  Exeros’ customers include some of the world’s largest financial institutions including investment banks, credit card issuers, 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 http://www.exeros.com.

NOTE: Exeros and Exeros DataMapper are trademarks of Exeros, Inc. in the United States and in jurisdictions throughout the world. All other company and product names may be trade names or trademarks of their respective owners.

Privacy Policy | Site Map | Products | Solutions | Partners | News & Events | Company | ROI Calculator

Copyright © 2008 Exeros, inc. All rights reserved.