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Riversand Selected by Cytec Industries, Inc. for Global, Multi-Domain Master Data Management Solutions
HOUSTON, TX – January, 2010 - Riversand Technologies Inc., a world-wide leader in the rapidly growing Master Data Management (MDM) Solutions sector, today announced that it has been selected by Cytec Industries, Inc. for Master Data Management, Data Quality and Advanced Workflow Solutions across Cytec’s global operations.Cytec Industries, a $3 Billion global leader in specialty chemicals and materials, selected Riversand after an exhaustive evaluation of MDM Solutions. The joint Cytec and Riversand MDM project is slated to begin in Q1, 2010 and will be rolled-out in multiple phases.
Cytec’s goals in implementing Riversand’s MDM Solution, MDMCenter, include improving productivity, reducing operational costs, increasing business agility, reducing time to market, increasing customer satisfaction, increasing sales, and facilitating mergers & acquisitions. "MDM is a strategic initiative within Cytec - it has the potential to have a significant impact on our business. We have selected Riversand because they proved their ability to help us realize our vision," stated Jeff Futterman, Cytec’s VP of IT. "Their technology, domain knowledge, focus and dedication, in addition to their low long-term Total Cost of Ownership – which is critical in today’s economy - helped us prove our business case for MDM."
Cytec is a key addition to Riversand’s growing client list of global industry leaders,"We are excited to be working with Cytec Industries, one of the world’s leading Chemical and Material Manufacturing companies," professed Upen Varanasi, CEO of Riversand Technologies."From our company’s beginning, we have been fortunate to work with industry-leading clients that share our dynamic culture and passion for excellence. Our relationship with Cytec will be a mutually beneficial one."
About Cytec Industries
Cytec Industries Inc. is a global specialty chemicals and materials company focused on developing, manufacturing and selling value-added products. Their products serve a diverse range of end markets including aerospace, adhesives, automotive and industrial coatings, chemical intermediates, inks, mining and plastics. They use materials technology and expertise to create chemical and material solutions that are formulated to perform specific and important functions in the finished products of our customers.
About Riversand Technologies, Inc
Riversand Technologies Inc. is a leading provider of MDM Solutions which enable global enterprises to manage multi-domain master data. Industry leaders such as ConocoPhillips, Overstock.com, GHX, Ingersoll Rand, and ExxonMobil leverage Riversand’s MDM Solutions to manage accurate, timely & up-to-date data across all corporate internal systems, customers, vendors and channel partners. Benefits of our Solutions include accelerated time-to-market, increase sales, improve order accuracy, reduce costs and enhance customer service. For more information please contact Riversand at (713) 934-8899 or visit www.riversand.com
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