World-Class Companies Across Industries More Effectively 'Profit From Their
Content' Through Highly-Targeted ECM Solutions for Financial Services,
Professional Services, Legal, Compliance, Marketing, and IT
ORLANDO, Fla., Gartner Symposium/ITxpo (booth #1424), Oct. 17
/PRNewswire-FirstCall/ -- Interwoven, Inc. (Nasdaq: IWOV), provider of
Enterprise Content Management (ECM) solutions for business, today announced
that it is providing proven content-centric ECM solutions that are enabling
world-class customers across industries and around the world to streamline key
business processes for improved revenue growth, reduced business risk, and
lower costs. As a result, Interwoven customers are better able to effectively
profit from their content.
(Logo: http://www.newscom.com/cgi-bin/prnh/20030430/IWOVLOGO )
Interwoven's strategy is to develop and deliver deep domain expertise ECM
solutions that are easy to implement, empower both business users and IT, and
solve specific business process challenges for rapid return on investment. ECM
solutions from Interwoven are designed to address the content management needs
of: financial services companies, professional services firms, corporate
legal departments, marketing departments, IT departments, and business users
across an organization involved in compliance.
According to leading industry analyst firm Gartner, Interwoven has
positioned itself well for the future through its strong solution focus and
balanced approach to building out the company's solutions and underlying ECM
platform: Rather than "simply producing a horizontal content management
platform [Interwoven] is providing content solutions that will leverage
vertical domain expertise and process management capabilities."*
Interwoven's ECM solutions include:
Financial Services Industry Solutions
-- Deal Management -- The Interwoven Deal Management solution is a
collaborative application to manage proposals, contracts,
negotiations, deal processes, and all forms of communications,
including email, to keep extended functional teams on the same page
around an account, ultimately decreasing deal closing time.
-- OTC Derivatives Trading Automation -- As a result of Interwoven's
recently-announced acquisition of Scrittura -- the leading provider
of document automation technology for the complex non-exchange based
trading operations of financial services institutions -- Interwoven
is the first ECM vendor to offer a complete solution for the
automation of over-the-counter (OTC) derivatives trading. As a
result, financial services customers can more quickly and easily
conduct complex non-exchange based trades with other financial
institutions, reducing costs and increasing process efficiencies.
Professional Services Industry Solutions
-- Matter-Centric Collaboration for Law Firms -- Interwoven's
Matter-Centric Collaboration (MCC) solution for law firms is based
on a unique user-centric design which, for the first time, enables
professional services practitioners to manage client and
matter-related content in the electronic world the way they have
done for more than 100 years in the physical world. Legal
professionals can consolidate documents, records, e-mails, billing,
contacts, and all other relevant content for any given client or
matter in a single integrated file that is accessible both
internally and externally across departments and locations.
-- Electronic Content Management for Accounting Firms -- The Interwoven
Electronic Content Management solution enables accounting firms to
easily and efficiently create and manage complete client engagement
files -- including electronic documents, scanned paper documents,
e-mails, and records -- in one central Web-based system. As a result,
firms can expedite client service, maintain financial growth, and
retain talent.
Legal Solution
-- Document Management for Corporate Legal Departments -- The Interwoven
Document Management for Corporate Legal Departments solution provides
an easy and cost-effective way for attorneys to manage matter files
electronically, manage e-mail as part of matter files, improve
contract management, and consolidate work product received from
outside counsel.
Marketing Solutions
-- Web Content Management -- The Interwoven Web Content Management
solution enables organizations to: empower business users with
distributed Web contribution capabilities; ensure brand consistency
and control across all Web-based initiatives; and comply with
corporate governance standards by keeping auditable records of all
Web sites throughout time.
-- Intranet Management -- The Interwoven Intranet Management solution
provides a complete intranet foundation -- including a reference
intranet site, pre-built site components, and best practices -- that
enables organizations to realize rapid implementations and
accelerated time to value with minimal upfront investment from IT.
Customers can also purchase the Interwoven Salesforce Productivity
Intranet solution to rapidly launch intranet initiatives, ensuring
sales teams have the most up-to-date and compelling information they
need to be effective.
-- Extranet Management -- The Interwoven Extranet Management solution
empowers companies to expand revenue channels and reduce partner
support costs by enabling business users to easily build and roll out
extranets, while providing IT with the tools to maintain a high
degree of control and security. Customers can purchase the Interwoven
Channel Extranet solution, which empowers sales and marketing
executives to support channel partners as effectively as their own
internal salesforce by ensuring channel partners have easy access to
the most accurate and relevant information.
-- PowerPoint Presentation Management -- The Interwoven PowerPoint
Presentation Management solution extends the power of corporate brand
management by enabling anyone who uses PowerPoint within an
organization -- marketing, sales, engineering, financial services,
human resources, and any other group that's suffering from having too
many presentations -- to quickly and easily assemble, manage, and
distribute custom presentations using brand approved content and
corporate templates.
-- Digital Asset Management -- The Interwoven Digital Asset Management
solution is used by leading marketing organizations worldwide to
manage the thousands of digital assets and marketing content used to
promote their products and brands. The Interwoven solution enables
marketing teams to easily catalog, manage, transform, and distribute
digital assets, including photographs, logos, audio, video,
datasheets, advertisements, presentations, and documents.
IT Solutions
-- Content Provisioning -- The Interwoven Content Provisioning solution
standardizes the way code and content changes are aggregated,
synchronized and deployed throughout testing, staging and production
environments. By streamlining this previously resource-intensive
process, the Interwoven solution is empowering IT Operations to slash
provisioning costs by an average of 40 percent, bring new
revenue-generating applications to market more quickly, and meet key
compliance requirements.
-- IT Project Management -- The Interwoven IT Project Management
solution provides IT departments with a common Web-based dashboard
through which they can automate and standardize their numerous
projects. By having a consolidated view of all project-related
information, project managers are better able to enforce standards
for managing relevant content and approvals for each project.
Compliance Solution
-- Records Management-The Interwoven Records Management solution
delivers comprehensive records management capabilities across paper,
e-mail, and electronic records, providing organizations with an
effective way to manage records retention across an increasing
variety of electronic and physical records content and media-all
within one unified Web-based environment.
Global ECM Solution Customer Success
Customers around the world across virtually every vertical industry
continue to benefit from the many targeted business solutions currently
offered by Interwoven.
Web Content Management -- Chrysler:
Chrysler is using Interwoven's Web Content Management solution to drive a
higher performance customer experience online by creating and maintaining a
consistent look and feel across 4,000 Chrysler brand and dealer sites.
"As Chrysler's Internet marketing and advertising continues to expand, Web
Content Management represents a key piece of infrastructure and a solution to
many of our most pressing business needs," said Mike Morton, senior manager,
Interactive Communications, Chrysler. "Interwoven has been the right solution
for the right job."
Content Provisioning -- Blue Cross Blue Shield of Massachusetts:
Blue Cross Blue Shield of Massachusetts is leveraging the Interwoven
Content Provisioning solution to ensure that all application code and content
changes are deployed efficiently, on time, and in compliance with industry
regulations.
"Web applications have become increasingly essential to our business, but
the challenge has been to manage this highly-complex provisioning environment
in a way that empowers people across the organization to contribute content
effectively, ensure the continuous operation of all our applications and
achieve full regulatory compliance," said Frank Enfanto, vice president of
healthcare service delivery at Blue Cross Blue Shield of Massachusetts. "The
Interwoven Content Provisioning solution can help us achieve all of these
goals-ensuring that our Web applications provide continuous service to
customers and providers, while enabling us to meet the dynamic business needs
of our own organization."
OTC Derivatives Trading Automation -- Commerzbank:
Leading financial services institutions such as Commerzbank in Europe are
improving business process efficiencies and streamlining compliance with
Interwoven solutions. Faced with a heightened industry focus on compliance and
risk reduction, Commerzbank is using the Interwoven OTC Derivatives solution
to streamline the complex and time-consuming OTC derivatives trading process.
"Commerzbank is dedicated to delivering straight-through-processing
throughout its operations, and this particular initiative is in line with the
International Swaps and Derivatives Association's 'Strategic Plan' for the
industry to control operational risk, given the rise in popularity of these
instruments," said Stephen Andress, global head of OTC derivatives operations,
Commerzbank. "Following the implementation of Scrittura -- now the Interwoven
OTC Derivatives solution -- Commerzbank is beginning to reap the benefits of
increased efficiency and risk reduction in equity derivatives processing."
"Interwoven's strategy and key focus is to provide a robust collection of
highly-targeted ECM solutions that are based on proven industry best practices
to help customers realize immediate ROI from their ECM implementations," said
Kevin Hayden, vice president of corporate marketing, Interwoven.
"Industry-leading ease-of-use, rapid time-to-value, and a deep understanding
of end user business processes are what set Interwoven apart from other ECM
vendors, and with such strong continued solution adoption, it's clear that our
world-class customer base agrees."
*Gartner, "Vendor Rating: Interwoven Strengthens Its Position With ECM
Suite and Solutions Vision," March 2005
About Interwoven
Interwoven, Inc., provider of Enterprise Content Management solutions for
business, enables organizations to unify people, content and processes to
minimize business risk, accelerate time-to-value and sustain lower total cost
of ownership. Interwoven delivers deep industry-specific solutions which
reduce business process cycle time from initial collaboration through design,
production, sales, marketing, legal review, IT and service. Interwoven leads
the industry with a service-oriented architecture today and easy-to-use,
best-in-class components and solutions. Today, nearly 3,400 enterprises, law
firms, and professional services organizations worldwide are Interwoven
customers including BT, Ford, Freshfields Bruckhaus Deringer, General Motors,
Jones Day, Motorola and Yamaha. Interwoven is headquartered in Sunnyvale,
Calif., with offices around the world. For more information visit
http://www.interwoven.com.
SOURCE Interwoven Inc.
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Related links:
http://www.interwoven.com
Photo Notes:
NewsCom:
http://www.newscom.com/cgi-bin/prnh/20030430/IWOVLOGO
AP Archive: http://photoarchive.ap.org
PRN Photo Desk, photodesk@prnewswire.com
CONTACT:
Catherine Brew of Interwoven, Inc,
+1-408-530-7043, or cbrew@interwoven.com
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