Conversion Services International Completes Information Management Best Practices Site Assessment, Strategy and Planning Engagem
21 August 2007 - 3:47AM
PR Newswire (US)
- Engagement provides road map, recommendations and implementation
plan for improving reporting structures across its global
enterprise - EAST HANOVER, N.J., Aug. 20 /PRNewswire-FirstCall/ --
Conversion Services International, Inc. (AMEX:CVN), a premier
professional services firm focused on business intelligence and
business optimization solutions to Global 2000 organizations and
other businesses, today announced its completion of a Information
Management Best Practices Site Assessment, Strategy and Planning
strategy engagement for a $3 billion, Fortune 1000 company that
trades on the New York Stock Exchange. (Logo:
http://www.newscom.com/cgi-bin/prnh/20060421/NYF015LOGO ) This
leader in the manufacturing industry wanted to improve its use of
business intelligence and consolidate its reporting structures
across its global enterprise, leveraging the help of a firm
specializing in best practices business intelligence and data
warehouse solutions. They chose CSI because its business
intelligence strategy methodology considers the client's entire
information management environment and develops a strategy culled
from recent experience enabling best practices worldwide and
considering advances in the vendor community. This strategy
assessment identified several key initiatives focused on
consolidating their reporting structures and implementing more
effective enterprise reporting and information utilization
throughout the business. CSI's strategy assessment engagements
consist of facilitated interview sessions with a diverse group of
information technology business professionals across the client
organization and are designed to research, identify and target
goals, critical success factors and challenges in implementing an
enterprisewide data warehousing and business intelligence solution.
The result was a comprehensive road map that outlined vision,
approach, and architecture requirements, along with a phased
implementation approach based on the client's business and
technology environment. Benefits that this client received from
CSI's Information Management Best Practices Site Assessment,
Strategy and Planning Engagement include gaining further insight to
applicable advances in the business intelligence and data
warehousing industry the pros and cons of their, current
environment, the development of goals and company-specific critical
success factors. Challenges impeding the realization of objectives
were addressed with risk- mitigating action items as well as a
multi-phase approach for implementing their architecture, tools and
technology and realizing business objectives rapidly and
repeatedly. According to William McKnight, CSI's senior vice
president of Information Management, "CSI's Information Management
Best Practices Site Assessment, Strategy and Planning engagements
are a way to bridge the IT and business sides of the house. We
partner with our clients to identify not only specifically and
realistically what a client's situation is in regards to its
information exploitation ability, but we also translate the future
direction of the business into ramifications on its information
architecture. We develop plans to propel our clients into leading
positions in their respective industries based on the use of
information, which we regard as the primary means of
differentiation and the competitive frontier which we are uniquely
poised to help our clients excel at." Scott Newman, president and
CEO, added, "These types of engagements are very strategic in
nature, both for our clients and our organization. In the past
year, CSI has performed 12 strategy engagements with 12 clients in
six different industries including, insurance, retail, publishing
technology, manufacturing and real estate. As a general rule, they
result in further engagements with our clients as they move to
full-scale implementation - securing revenue both in the immediate
term as well as in coming years." About Conversion Services
International, Inc. Conversion Services International, Inc. (CSI)
is a leading provider of professional services focusing on
strategic consulting, data warehousing, business intelligence,
business process reengineering, as well as integration and
information technology management solutions. CSI offers an array of
products and services to help companies define, develop, and
implement the warehousing and strategic use of both enterprise-wide
and specific categories of strategic data. CSI's customers include
ADP, Coach, Goldman Sachs, Liberty Mutual, Merck, Morgan Stanley,
and Pfizer. Information about CSI can be found on the web at
http://www.csiwhq.com/ or by calling its corporate headquarters at
888-CSI-5036. Note on Forward-Looking Statements Except for the
historical information contained herein, this press release
contains, among other things, certain forward-looking statements,
within the meaning of the Private Securities Litigation Reform Act
of 1995 that involve risks and uncertainties. Such statements may
include, without limitation, statements with respect to CSI's
plans, objectives, expectations and intentions and other statements
identified by words such as "may," "could," "would," "should,"
"believes," "expects," "anticipates," "estimates," "intends,"
"plans" or similar expressions. These statements are based upon the
current beliefs and expectations of CSI's management and are
subject to significant risks and uncertainties, including the
ability of CSI to be in compliance with all applicable American
Stock Exchange continued listing requirements, the ability to
maintain revenue growth, the ability to locate and acquire other
businesses and to successfully integrate such acquisitions, the
ability to decrease operating expenses, and those detailed in CSI's
filings with the Securities and Exchange Commission. Actual results
may differ from those set forth in the forward-looking statements.
These forward-looking statements involve certain risks and
uncertainties that are subject to change based on various factors
(many of which are beyond CSI's control). CSI undertakes no
obligation to update publicly any forward-looking statements.
Investor Relations: Porter, LeVay & Rose, Inc. Andrew Berlin,
Account Executive Jeffrey Myhre, VP -- Editorial 212-564-4700 Media
Contact: Tracee Lee Beebe Marketing & Communications Conversion
Services International, Inc. 973-560-9400
http://www.newscom.com/cgi-bin/prnh/20060421/NYF015LOGO
http://photoarchive.ap.org/ DATASOURCE: Conversion Services
International, Inc. CONTACT: Investors, Andrew Berlin, Account
Executive, or Jeffrey Myhre, VP - Editorial, both of Porter, LeVay
& Rose, Inc., +1-212-564-4700, for Conversion Services
International; or Media, Tracee Lee Beebe, Marketing &
Communications, of Conversion Services International, Inc.,
+1-973-560-9400, Web site: http://www.csiwhq.com/
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