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September 28, 2005
Onyx Launches Siebel, PeopleSoft and Oracle CRM Customer Migration Offer
Offers up to $500K in Migration Assistance to Rapidly Move Siebel, PeopleSoft and Oracle CRM Customers to Onyx Customer Management Solution
According to one customer, "When it came time to retire our aging Vantive system, we looked seriously at the options available, including upgrading to PeopleSoft CRM," said Cenk Ipeker, Vice President, Financial Operations, Fundtech Corporation. "PeopleSoft represented too much technology and infrastructure for us and, given the Oracle acquisition, the future of the product was murky. Once we saw the flexibility of the Onyx platform, we felt it would be easier to work with and less expensive to maintain in the long run."
Onyx is offering Siebel Enterprise, PeopleSoft CRM, Oracle CRM, as well as Vantive and JD Edwards customers a credit of up to $500,000 towards professional services to assist in their migration to Onyx's Customer and Process Management solutions.
"Oracle's move to acquire Siebel has created uncertainty in the market, and it is unclear what the future holds for customers in terms of product innovation, delivery times and ultimate cost," said Janice Anderson, Chair and CEO of Onyx. "We are talking to a number of enterprises, especially on earlier versions of Oracle, Siebel and PeopleSoft, who are seriously considering their options."
According to industry analyst Rebecca Wettemann of Nucleus Research, "With the market consolidating, companies are under more pressure than ever to justify and validate their IT investments. With so much of the market in flux, enterprises should opt for solutions that can be rapidly deployed at a low cost, and easily modified over time."
Anderson continued, "Customers want a solution to help drive profitable revenue growth, and Onyx can meet that need by delivering a comprehensive solution portfolio that blends CRM, analytics and business process management. By offering solutions that can be implemented quickly, that integrate seamlessly with existing IT infrastructure, and that require fewer resources to manage, Onyx has recently won several large deals against PeopleSoft and Siebel. I believe Onyx is the choice for enterprise customers who want to effectively and efficiently orchestrate customer operations to help them better innovate and grow revenue."
This offer is available worldwide until March 31, 2006. Certain terms and conditions apply. For more information, please visit http://www.onyx.com/migration, call 1-888-ASK-ONYX (1-888-275-6699, International: +1- 425-451-8060), or contact your local Onyx sales office.
About Onyx SoftwareOnyx Software Corporation (Nasdaq: ONXS) is a worldwide leader in customer process software and solutions for the enterprise. Onyx provides flexible solutions that enable organizations to automate, manage, and evolve their customer processes quickly and cost-effectively for strategic advantage. By providing an integrated suite of customer process automation applications encompassing customer management, process management, and analytics capabilities, Onyx enables enterprises to reduce costs, increase productivity and grow revenue. Major companies are aligning their customer-facing departments and managing their customer processes with Onyx software - companies such as Amway Corporation, Delta Dental, Mellon Financial Corporation, The Regence Group and State Street Corporation. More information can be found at (888) ASK-ONYX or info@onyx.com Forward-Looking Statement
| Contact: | Bob Craig Onyx Software 617-314-6846 |
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