Wednesday, July 9, 2008

Zilliant and Acorn Systems Partner to Deliver Improved Customer Profitability

Zilliant and Acorn Systems Partner to Deliver Improved Customer Profitability

Zilliant, the leading provider of strategic pricing applications, today announced a partnership with Acorn Systems, a costing and Enterprise Performance Measurement solution provider to integrate best-of-breed applications and further improve customer margins.

AUSTIN, TX (PRWEB) June 24, 2005

Zilliant, the leading provider of strategic pricing applications, today announced a partnership with Acorn Systems, a costing and Enterprise Performance Measurement solution provider to integrate best-of-breed applications and further improve customer margins. The integration of products and services will provide corporate decision-makers, for the first time, a full and accurate ability to determine and maximize true customer profitability.

The integration of AcornÂ’s and ZilliantÂ’s technology will bring companies a 360- degree view of profitability in a new way. Companies will now be able to combine costs to serve, cost allocation and profit analysis at the internal business process level with an external analysis of customer segments and their elasticity to price, discount and promotional changes. This holistic approach will give companies the most granular view possible of customer profitability.

The partnership is enabled by the fluid integration of service-oriented architecture products based on prevailing industry standards. Acorn and Zilliant customers benefit tremendously from these capabilities as well as interoperability provided by many of the Microsoft platforms, including SQL ServerÂ’s advanced OLAP features. Based on the complementary focus, Zilliant and Acorn will jointly target manufacturing and distribution customers.

“Zilliant and Acorn are taking aggressive steps in enabling companies to accurately and dynamically determine true profitability by customer, product and transaction,” said Augustin Manchon, pricing practice leader, Accenture. “As more companies realize the value of both cost and price optimization, we expect this type of alliance to play an important role in how the industry defines profit optimization.”

“The Zilliant-Acorn partnership brings a compelling “whole product” solution to the market. Effective pricing requires visibility both inside and outside of a company’s four walls,” said Greg Peters, CEO, Zilliant. “To truly have a complete offering, a company needs to look at what the market will bear when it comes to what you can charge your customers, but also total cost to serve, right down to the transactional level.”

“We are eager to be working with Zilliant and integrating our solutions,” said Leland Putterman, CEO, Acorn Systems. “The combination of demand-side price optimization and supply-side price analysis will provide companies with full visibility for their pricing decisions and ultimately lead to a more profitable business.”

About Zilliant

Zilliant, a leader in strategic pricing applications, provides software and services that aid companies in defining and managing their pricing for improved financial results. The Zilliant Pricing Suite delivers a full solution for Price Analytics, Price Execution and Price Modeling. By utilizing the Zilliant suite of pricing applications, companies are able to maximize revenue and margins through optimized segmentation, precision price setting, effective discount guidelines, successful price promotions and effective price policy enforcement. Headquartered in Austin, Texas, Zilliant is a privately held company. Investors include Cardinal Venture Capital, JP Morgan Partners, Austin Ventures and Trellis Partners. Zilliant is a registered trademark of Zilliant, Inc. For more information contact the company toll free at 877.893.1085 or visit www. zilliant. com.

About Acorn Systems

Acorn Systems provides continuous enterprise-wide visibility into business performance enabling profit improvement at a low total cost of ownership. Acorn delivers a solution that is verifiably accurate, auditable and actionable. Acorn's solution is flexible and dynamic and provides a sustainable, scalable platform for Enterprise Performance Measurement. Acorn's clients come from many companies in the Fortune 500 and numerous industries including Financial Services, Retail, Manufacturing, and Distribution in the Metals, Foods, Electronics, Paper, Healthcare and Chemicals industries. For more information, visit www. acornsys. com, or call 1-800-98ACORN

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