iWay Debuts New Information Management Suite

February 24, 2009 Alex Woodie

iWay Software last week announced the Enterprise Information Management (EIM) suite, a new product that aims at solving the disparate IT integrations tasks that are required to support standard batch-oriented reporting needs, which tend to be well defined, as well as real-time reporting requirements, which has a wider scope that varies according to need.

As a subsidiary of business intelligence (BI) software vendor Information Builders, iWay Software is accustomed to using its assortment of data integration tools in support of data warehouses and data marts. However, as the requirements for BI have evolved from the batch-oriented extract, transform, load (ETL) processes of yesterday to today’s more real-time BI that incorporates a wider variety of data–including data from external systems and unstructured data–iWay Software has been forced to evolve, too.

The result of that pressure, according to iWay, is the new EIM suite. The new suite pairs two existing products, the iWay Service Manager business process engine and the iWay Universal Adapter Suite, with two new products, the Data Quality Center (DQC) and Master Data Center (MDC) products.

iWay says the goal of its new DQC product is to evaluate, monitor, and manage data quality in different information systems, and to prevent incorrect data from entering these systems in the first place. The MDC product, meanwhile, helps users consolidate mass amounts of records according to business rules, and then extend these master data management techniques to all enterprise applications, including BI and ERP.

The new suite delivers rich functionality and makes the “difficult easy,” says Gerald Cohen, president and CEO of Information Builders. “By leveraging modern platforms and code-optimization techniques, this solution requires a significantly lower initial investment” than other ETL tools, he says.

The iWay EIM Suite is available now. Pricing was not available. For more information, visit www.iwaysoftware.com.