Volvofinans Drives New IT Strategy with Software AG Technology

Business Wire,  May 14, 2008  

Tags: information technology, Software AG

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* Software AG to provide the foundation for Volvofinans's more flexible IT infrastructure

* CentraSite from Software AG will provide the service visibility and control critical to the success of the new IT strategy

* Swedish auto financer expects to provide dealers with greater customization while accommodating corporate customers' unique business requirements more easily

NEW YORK -- Software AG SOA Governance Summit - Software AG, a global leader in business infrastructure software, today announced that Volvofinans has selected CentraSite[TM] as its enterprise platform for service-oriented architecture (SOA) governance and metadata management. CentraSite will serve as the foundation for the new IT infrastructure being implemented by Volvofinans to accelerate the delivery of new products and services.

With total assets of approximately EU2.5 billion, Volvofinans provides financing and related services for Volvo and Renault vehicles throughout Sweden. Volvofinans currently manages nearly 250,000 loans and leases, including 350 corporate programs, with an additional one million Volvo credit cards in circulation as well.

"We've long recognized the business benefits of a more adaptive and reusable IT infrastructure. However, our development of an SOA has been limited until now by the lack of suitable enterprise technologies for managing and governing the resulting complexity," said Johan Nordin, IT Manager, Volvofinans. "CentraSite from Software AG delivers the visibility and control that we need to manage a very granular, dynamic and fast-paced IT environment. This will allow us to meet new business requirements faster by rapidly reconfiguring existing systems into new processes and applications."

Volvofinans had been moving towards an SOA-based IT infrastructure for a number of years. This would allow the company to more quickly and cost-effectively create new processes and applications from reusable service components. As a result, Volvofinans could more easily offer its seventy dealers and its fleet administrators customized and personalized IT services based on their size or the mix of different automobile brands being sold.

The challenge that Volvofinans faced was dealing with the interdependencies created by this more loosely-coupled approach to application development. After years of searching for a product that could effectively synchronize service changes throughout their environment, Volvofinans selected CentraSite. As Nordin explains, "We were thrilled to find CentraSite. It removed a fundamental show stopper for implementing a more flexible and adaptable IT infrastructure."

"The basic principles of SOA are rather straightforward. The challenge is making these concepts sustainable and manageable within complex and rapidly changing IT environments," said Dr. Peter Kurpick, Member of the Executive Board and Chief Product Officer, Software AG. "What forward-looking organizations like Volvofinans recognize is that governance is a very powerful tool. Rather than constraining users or adding layers of bureaucracy, governance is really a vehicle for applying the power of SOA in a very controlled and targeted manner."

CentraSite is a joint trademark of Fujitsu Limited and Software AG in the United States and other countries.

Software AG | Uhlandstrasse 12 | 64297 Darmstadt | Germany

Software AG is the world's largest independent provider of Business Infrastructure Software. Our 4,000 global enterprise customers achieve business results faster by modernizing, integrating and automating their IT systems and processes. As a result, they rapidly build measurable business value and meet changing business demands. Based on our solutions, organizations are able to liberate and govern their data, systems, applications, processes and services - achieving new levels of business flexibility.

Our leading product portfolio includes solutions for high performance data management, developing and modernizing applications, enabling service-oriented architecture, and improving business processes. By combining our technology with industry expertise and best practices experience, our customers improve and differentiate their businesses - faster.

Software AG has almost 40 years of global IT experience and over 3,600 employees serving customers in 70 countries. The company is headquartered in Germany and listed on the Frankfurt Stock Exchange (TecDAX, ISIN DE 0003304002 / SOW). Software AG posted total revenues of EU621 million in 2007.

Software AG - Get There Faster

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