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GoldenGate Customer Overstock.com Honored with InfoWorld 100 Award
Leading Online Retailer Recognized for Innovation in Transactional Data Management Using GoldenGate Software for Real-time Data Warehousing
San Francisco, Calif - November 14, 2005 - GoldenGate Software Inc., the leading provider of transactional data management solutions, today announced that customer, Overstock.com was a winner in this year's InfoWorld 100 Awards for its implementation of GoldenGate's transactional data management solutions to support real-time data warehousing.
Overstock.com, one of the world.s leading online retailers, was honored for its innovative approach to capturing and leveraging real-time transactional data, to produce up-to-the minute reports and analytics and drive better informed business decisions. GoldenGate's transactional data management solution allows Overstock.com to move large volumes of customer data from Oracle production databases to a Teradata Warehouse, in order to quickly determine the results of marketing campaigns.
"Day-old data is no use to us," said Jack Garzella, who runs all of Overstock.com's IT operations, data warehousing and reporting. "GoldenGate allows access to transactional data in real time, so we can run current reports around the clock without tying up our systems. By using GoldenGate we now have the ability to track customer behavior as it happens and check our responses to marketing activities with our return on investment," added Garzella.
"We are delighted that Overstock.com has been honored with this prestigious IT Solutions award," said Tim Rathbun, executive vice president of product management and marketing for GoldenGate. "This award reflects the growing customer support for GoldenGate and transactional data management," added Rathbun. "The Overstock.com real-time data warehousing project is a great example of how companies can almost immediately improve business decision-making by having access to the business transactions, as they happen."
The InfoWorld 100 "celebrates real-world IT projects that use technology in smart, innovative, creative ways to meet business and technical objectives." Companies were nominated by InfoWorld readers, technology partners, and end-user companies in early Fall 2005. Winners were formally announced in InfoWorld's November 14, 2005 edition. The full article is available online at http://infoworld.com/3573
About InfoWorld Media Group
InfoWorld Media Group helps senior technologists connect technology and business strategy for maximum impact at their organizations. Through integrated channels including online, events, demand generation and a weekly print magazine, InfoWorld reaches the most influential senior-level information technologists -- those who drive their enterprises' strategies and technology purchases. Powered by a continued investment in an independent Test Center, InfoWorld analysts and editors provide both hands-on analysis and evaluation, as well as expert commentary on issues surrounding emerging technologies and products. Visit InfoWorld at http://www.infoworld.com.
About Overstock.com
Overstock.com, Inc. is an online "closeout" retailer offering discount, brand-name merchandise for sale over the Internet. The company offers its customers an opportunity to shop for bargains conveniently, while offering its suppliers an alternative inventory liquidation distribution channel. Overstock.com, Inc., headquartered in Salt Lake City, is a publicly traded company listed on the NASDAQ National Market System and can be found online at www.overstock.com. Overstock.com is a registered trademark of Overstock.com, Inc.
About GoldenGate Software
GoldenGate Software Inc. is the leader in transactional data management. GoldenGate provides technology for capturing, transforming and moving transactional data in real time across major databases and environments. Fortune 500 companies use GoldenGate solutions to manage critical initiatives such as high availability and disaster recovery, high performance distributed computing, transactional data integration, and compliance. Customers include Bank of America, Visa, Merrill Lynch & Co., Sabre Holdings, Comcast, Overstock.com and Dell. GoldenGate broadens its global market reach through key relationships with ISV's, database providers and systems integrators, including ACI Worldwide, IDX Systems Corporation, MySQL AB, Teradata, a division of NCR, and HP. A private company, GoldenGate is headquartered in San Francisco and can be found on the web at www.goldengate.com.
Contact:
Robin Bulanti
Kulesa Public Relations/ for GoldenGate
robin@kulesapr.com
(650) 340-1986
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