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Monday February 22, 7:03 am Eastern Time
FAIRFIELD, Conn.--(BUSINESS WIRE)--Feb. 22, 1999--SageMaker Inc., the foremost provider of enterprise-wide business intelligence solutions for the Energy industry, today released SageLink, the Energy industry's premiere automated end-of-day financial data service. Using Logical Information Machines' (LIM) technology, SageLink provides accurate and timely electronic transfer of pricing data from nearly all major industry sources to meet unique organizational needs.
The release of SageLink marks another industry first for SageMaker, who last year gave the Energy industry SageWave, the first Enterprise Information Portal (EIP) solution to categorize business information using industry-specific data models. SageWave and SageMaker's entire suite of products gives customers the ability to analyze information in new, more efficient ways, such as in making comparative queries across previously unconnected sources and types of information, like internal numeric databases, external subscriptions, and Internet sources. Currently, the Sagemaker solution is used worldwide by more than 60,000 corporate knowledge workers at customers like Amoco, Shell E&P, and other prominent companies.
SageLink fills a crucial void for those who depend on timely, accurate financial information for the Energy industry. In the past, portfolio managers, industry and corporate analysts, and Energy industry business managers and executives relied on slow, inaccurate manual input for financial data monitoring and risk assessment. Today, through SageLink, those mission-critical needs are met quickly and without the risk of error inherent with manual entry, saving time, money, and reducing an organization's exposure to copyright infringement.
``There existed a clear need in the Energy industry for an automated end-of-day financial reporting service to meet the informational needs of the Energy industries,'' explained Andrew White, SageMaker's Vice President of Marketing and Business Development. ``As the leading integrator of information services for the Energy industry we already carry virtually every high-value, respected source of data serving the industry - it was a natural extension for us to develop SageLink to meet that need and extend the ability of our customers to beat information overload.''
Working with data sources through the LIM database, SageLink combines to amass the most complete Energy industry end-of-day reporting:
--Natural Gas - FUTURES; Gas Daily; Platts Inside F.E.R.C.; Natural Gas Intelligence; Natural Gas Week; OPIS Domestic LPGs; Canadian Enerdata; DOE Natural Gas Liquids Inventory; DOE Natural Gas Info.; API Natural Gas Liquids Inventories; Petroleum Argus
--Power - FUTURES; MegaWatt Daily; Power Markets Week; Edison Electric Institute; DOE/EIA Energy Review, Electric Power, and Coal Production
--Crude/Products - FUTURES; Platts; OPIS; API; Petroleum Argus
--Petrochemicals - Platts
Through these and over 4,000 other high-value sources of industry-specific information, SageMaker promotes better decision-making by providing rapid access to accurate, trusted, and pertinent data on a robust analytical platform. SageMaker is the first EIP to provide the means to track the flow and use of information across the corporate enterprise, giving an acurate assessment of intellectual capital and measurement of Return on Information Investment (ROII).
SageMaker was one of the earliest companies in the enterprise information management arena and has become the de facto standard platform for information management in several key industry sectors.
About SageMaker: SageMaker, Inc., makers of SageServer, SageBlade, and SageWave, was founded in 1993 to provide companies with the tools to gather, analyze, and utilize industry-specific business intelligence. SageMaker delivers assimilated industry information across the corporate enterprise using a common data model. For more information, visit SageMaker on the World Wide Web at www.sagemaker.com. SageMaker, SageServer, SageBlade, and SageWave are trademarks of SageMaker, Inc.
Contact:
SageMaker, Inc.
Andrew White, 203/368 4888
andrew.white@sagemaker.com
or
Sterling Hager, Inc.
Mike Spinney, 617/926 6665 x 335
mike@sterlinghager.com
| Related News Categories: banking, oil/energy |
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