BURLINGTON, Massachusetts, August 24, 2017 /PRNewswire/ --
Attunity Ltd. (NASDAQ CM: ATTU), a leading provider of data integration and Big Data management software solutions, announced today that a leading medical claims processing solution company (the "Customer") has recognized significant improvement in IT productivity and technology efficiencies very quickly by switching to Attunity Replicate. The customer, who implemented the Attunity solution to enable more agile Oracle data replication, also reported significant cost savings on software maintenance and services, IT development, and license cost over time by displacing their legacy data integration solution, Oracle GoldenGate, with Attunity, realizing millions of dollars in ROI.
A premier provider of enterprise, cloud-based business process and automation solutions for payers of all types and sizes, the Customer helps health plans and other risk-bearing entities by automating key business functions. The Customer represents millions of covered lives across all lines of business-commercial, Medicaid, Medicare, as well as traditional insurers and managed care plans.
Previously, when the Customer realized that its organization was spending hundreds of thousands of dollars each year on skilled contractors to maintain proprietary scripting - required to keep their incumbent solution running - the IT team knew that it had to make a change. This was in addition to millions of dollars spent to renew the licenses of Oracle GoldenGate every three years. The team began researching alternative solutions and ultimately chose Attunity Replicate. The Attunity solution provides real-time data replication with change data capture (CDC) technology that accelerates data replication and ingestion to enable faster claims processing for clients. The Customer is now moving Oracle and SQL Server data quickly and easily for real-time analytics and client reporting, required to meet SLAs for its healthcare clients.
"We are thrilled to see our customers realize fast ROI, reduce total cost of ownership (TCO) significantly, and optimize their operations by leveraging Attunity Replicate, our universal data replication platform," explained Itamar Ankorion, Chief Marketing Officer at Attunity. "We continue to focus on data integration innovation and bringing competitive solutions to market that enable customers to deliver more value to their business."
Attunity is a leading provider of data integration and Big Data management software solutions that enable availability, delivery, and management of data across heterogeneous enterprise platforms, organizations, and the cloud. Our software solutions include data replication and distribution, test data management, change data capture (CDC), data connectivity, enterprise file replication (EFR), managed file transfer (MFT), data warehouse automation, data usage analytics, and cloud data delivery.
Attunity has supplied innovative software solutions to its enterprise-class customers for over 20 years and has successful deployments at thousands of organizations worldwide. Attunity provides software directly and indirectly through a number of partners such as Microsoft, Oracle, IBM and Hewlett Packard Enterprise. Headquartered in Boston, Attunity serves its customers via offices in North America, Europe, and Asia Pacific and through a network of local partners. For more information, visit http://www.attunity.com or our blog and join our community on Twitter, Facebook, LinkedIn and YouTube.
Important Note: The announcement of any particular selection or implementation of Attunity products is not necessarily indicative of the timing of recognition of revenue therefrom or the level of revenue for any particular period.
Safe Harbor Statement
This press release contains forward-looking statements, including statements regarding the anticipated features and benefits of Replicate and Visibility Solutions, within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 and other Federal Securities laws. Statements preceded by, followed by, or that otherwise include the words "believes", "expects", "anticipates", "intends", "estimates", "plans", and similar expressions or future or conditional verbs such as "will", "should", "would", "may" and "could" are generally forward-looking in nature and not historical facts. Because such statements deal with future events, they are subject to various risks and uncertainties and actual results, expressed or implied by such forward-looking statements, could differ materially from Attunity's current expectations. Factors that could cause or contribute to such differences include, but are not limited to: risks and uncertainties relating to our history of operating losses and ability to achieve profitability; our reliance on strategic relationships with our distributors, OEM, VAR and "go-to-market" and other business partners, and on our other significant customers; risks and uncertainties relating to acquisitions, including costs and difficulties related to integration of acquired businesses; our ability to expand our business into the SAP market and the success of our Gold Client offering; timely availability and customer acceptance of Attunity's new and existing products, including Attunity Compose and Attunity Visibility; risks and uncertainties relating to fluctuations in our quarterly operating results, which may not necessarily be indicative of future periods; changes in the competitive landscape, including new competitors or the impact of competitive pricing and products; a shift in demand for products such as Attunity's products; the impact on revenues of economic and political uncertainties and weaknesses in various regions of the world, including the commencement or escalation of hostilities or acts of terrorism as well as cyber-attacks; and other factors and risks on which Attunity may have little or no control. This list is intended to identify only certain of the principal factors that could cause actual results to differ. For a more detailed description of the risks and uncertainties affecting Attunity, reference is made to Attunity's latest Annual Report on Form 20-F which is on file with the Securities and Exchange Commission (SEC) and the other risk factors discussed from time to time by Attunity in reports filed with, or furnished to, the SEC. Except as otherwise required by law, Attunity undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
© Attunity 2017. All Rights Reserved. Attunity is a registered trademark of Attunity Inc. All other product and company names herein may be trademarks of their respective owners.
Press contact: Melissa Kolodziej, Senior Director of Marketing Communications, Attunity, [email protected], Tel. +1-603-305-3664
SOURCE Attunity Ltd.