PRINCETON, N.J.--July 24, 2006--Princeton Softech, the market leader in enterprise data management, today announced that the New York Department of Transportation, Software Spectrum and Tennessee Farmers Mutual Insurance Company have selected Princeton Softech Optim(TM) to improve the management of enterprise application data to meet their unique business objectives. With a focus on managing data growth, supporting data privacy and data retention compliance initiatives, meeting service levels, as well as ensuring business continuity, Optim enables these companies to improve performance, mitigate risk and control costs.
Mergers and acquisitions, organic business growth and compliance regulations all contribute to the accelerated expansion of ERP, CRM and custom application databases that support all business activities. Data volumes increase exponentially as application data is replicated for disaster recovery, backups, development, testing and training. This multiplicity of data can lead to strained capacity, sluggish performance and increased costs. Each of these companies selected Optim because its proven database archiving and test data management capabilities are scalable across applications, databases and hardware platforms. Implementing a consistent approach for managing enterprise application data delivers measurable benefits and cost savings across the enterprise.
The New York Department of Transportation manages an extensive network of more than 100 billion miles of vehicle roads, including highways and freeways, within the state. Software Spectrum, a subsidiary of Level (3) Communications, is one of the world's largest software resellers. For more than 20 years, this company has delivered business-to-business IT solutions and services to customers in large, multinational enterprises from the Fortune 500, as well as mid-sized organizations from a wide variety of industries. Tennessee Farmers Mutual Insurance Company is one of Tennessee's largest writers of personal lines, homeowner property insurance and private passenger automobile insurance since 1948.
"Globally, the enterprise data management market continues to see tremendous growth. The combination of data growth, regulatory impact and application upgrade cycles creates the need for organizations to manage databases more efficiently," said Brian Babineau, Analyst, Enterprise Strategy Group. "By proactively deploying an enterprise data management solution like Optim, companies can boost database and application performance, manage data growth and mitigate the cost and risk of keeping information online and accessible for longer periods of time."
When continued data growth leads to missed performance targets and increased maintenance burdens, implementing Optim enhances the performance of mission-critical applications, increases availability and reduces infrastructure costs. Optim manages continued data growth to reclaim valuable capacity, simplify complex infrastructures and leverage existing software and storage investments.
"As CEOs, CIOs and other senior executives continue to align IT resources and initiatives with their business objectives, companies will focus on a full-lifecycle approach for improving the way they manage enterprise application data, mitigating risk and lowering operating costs," said Paul Winn, chairman, chief executive officer and president of Princeton Softech. "Princeton Softech is committed to delivering proven enterprise data management solutions that help our clients achieve their business objectives."
Princeton Softech enterprise data management solutions are available for Oracle(R) E-Business Suite, PeopleSoft(R) Enterprise, JD Edwards(R) EnterpriseOne, Siebel(R) Applications and Amdocs(R) CRM, as well as all custom applications.
About Princeton Softech
Princeton Softech (www.princetonsoftech.com) provides enterprise solutions which align application data management with business objectives. Our industry leading Optim(TM) solution enables organizations to optimize performance, mitigate risks and control costs. Partnered with the market leaders in business technology, we deliver capabilities that scale and support your enterprise - applications, databases and platforms. More than 2,200 companies worldwide - including nearly half of the Fortune 500 - rely on Princeton Softech's proven solutions to maximize the business value of their enterprise applications and databases.
