AspenTech signs global OEM with Informatica
Tuesday, 17 December 2002, 20:30 IST
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REDWOOD CITY: Informatica Corporation (Nasdaq: INFA) Tuesday announced an OEM alliance with Aspen Technology, Inc. (Nasdaq: AZPN). Under the terms of the alliance, AspenTech will embed Informatica's PowerCenter and PowerConnect software into its new Performance Management enterprise solution for manufacturing and supply chain operations. Using Informatica software, AspenTech customers can consolidate and standardize data within AspenTech's Performance Management solution, which is targeted in particular toward the chemical and petroleum industries. "By embedding Informatica software within our new Performance Management solution, customers can significantly reduce the customization needed to transform large amounts of relevant information across the value chain from demand to fulfillment," said Rainer Gawlick, vice president of corporate marketing for AspenTech. "Embedding Informatica's products will help our customers transform data in real time for presentation and analysis so that they can gain substantial insight into the performance of their operations." "Our partnership with AspenTech can help customers in the process industries achieve real-time, 360-degree analytic views that are critical to enhancing the performance of today's extended supply chains," said Sanjay Poonen, vice president of worldwide marketing at Informatica. "Pairing the leading solutions from AspenTech and Informatica can deliver a powerful analytics solution for global manufacturing networks." AspenTech's Performance Management solution, based on Informatica's products, will be available in the spring of 2003.
Source: IANS
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