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CompanyFebruary 6, 2006
Pervasive Enables Leading P&C Insurance Solution Provider to Cost-Effectively Address Complex Customer Data Migrations AUSTIN, TEXAS - February 6, 2006 - Pervasive Software® Inc. (NASDAQ: PVSW), a global value leader in data infrastructure software, today announced that Guidewire Software, a leading provider of solutions for property and casualty and workers' compensation insurers, has selected Pervasive® Data Integrator™ for converting legacy data into its ClaimCenter and PolicyCenter applications. Pervasive provides a data conversion link between Guidewire applications and customers' legacy systems. This enables Guidewire to improve on the already rapid implementation times of its Web-based claims and policy administration systems. Data Integrator is used to perform complex many-to-one migrations including data stored in legacy systems to transform, cleanse and load the data into a single system. Sophisticated applications from companies like Guidewire often require conversion of data stored in complex legacy systems that include critical historical policy and claims data as well as third-party data. An article in DM Review stated that the migration of data from these systems can take months – even years – and cost up to 40 percent of the project budget. Industry research has shown that the typical company uses more than 50 core lines of business applications, with larger enterprises having as many as 500. Using best-of-breed migration tools can significantly lower costs and increase speed to value by moving a company from a custom-coded services methodology to a specialized tools- and process-based methodology, with reusable components and mappings. "We chose Pervasive Data Integrator because it provides us with a valuable and affordable toolset for data conversion," said Priscilla Hung, vice president of alliances and business development at Guidewire. "Our customers are often migrating from legacy applications that require hours of custom coding to convert legacy data to modern data formats. Data Integrator streamlines the conversion process, saving us significant time and costs. It simplifies our conversion efforts so we can deploy faster with less risk, allowing us to focus our attention on our customers' core business objectives." Guidewire ClaimCenter® and Guidewire PolicyCenter™ are Web-based solutions that reduce costs and increase productivity among insurance organizations. Data Integrator provides a data conversion link that streamlines the process of converting data from customers' legacy systems into Guidewire applications. "Data Integrator is useful because it provides out-of-the-box adapters that understand the intricacies of data formats," said Hung. "It can easily interpret and transform data from virtually any IT environment, allowing for a smoother conversion process." Pervasive Data Integrator provides cost-effective extraction, cleansing and standardization of data from disparate sources. The reusable and easy-to-use components help lower total cost of ownership and can relieve the technical burden that often challenges overwhelmed IT staff. "With more than two decades of data integration experience, we have seen the problems that heterogeneous IT environments can cause when trying to apply new applications and technology," said Chip Harmon, general manager, Integration Division for Pervasive Software. "Data Integrator is a tool specifically designed to connect legacy and hard-to-reach data to newer applications for improved productivity and cost reductions. It makes it cost-effective to run systems in parallel – old and new – until older systems are no longer needed." "The replacement and modification of legacy systems will be a top priority among insurers in 2006. System functionality, the high cost of ongoing maintenance, skills shortages, and the costs of redundant systems due to M&As are all factors that are driving the urgency," said Kimberly Harris-Ferrante, Research Vice President at Gartner. "Data migration will be essential in claims and policy replacement and enhancement projects. Software tools that help automate the process by providing reusable components can reduce the costs and schedules as insurers move to best-in-class applications." Pervasive is widely used by ASPs and ISVs to solve integration challenges for their customers. Pervasive provides easy-to-use, cost-effective software for data integration along with services, training and support through its partner programs. These programs help ISVs, ASPs and systems integrators focus on creating value by leveraging their own core competencies and domain expertise in business applications, while leaving the data management, migration and integration challenges to Pervasive. The foundation of these partner services is a flexible business model for partners to OEM, resell or co-market Pervasive technology for a comprehensive customer solution with low total cost of ownership. For more information, visit http://www.pervasive.com/solutions/isv. About Guidewire Software About Pervasive Software Cautionary Statement All Pervasive brand and product names are trademarks or registered trademarks of Pervasive Software Inc. in the United States and other countries. Salesforce.com is a registered trademark of, and AppExchange and Successforce are trademarks of salesforce.com, Inc., San Francisco, California. Other names used may be trademarks of their respective owners. |