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Interwoven Delivers Proven Content-Centric ECM Solutions, Enabling Enterprises to Streamline Key Business Processes for Improved Revenue Growth, Reduced Risk, and Lower Costs
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, FL - Gartner Symposium/ITxpo (booth #1424) - October 17, 2005 - 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, reduce business risk, and lower costs. As a result, Interwoven customers are better able to effectively profit from their content.
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
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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.
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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
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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.
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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
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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
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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.
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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.
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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.
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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.
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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
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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.
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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
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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, approximately over 3,300 enterprises, law firms and professional services organizations worldwide are Interwoven customers including British Telecom, 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 www.interwoven.com.tw.
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