SCT Announces Enterprise Information Access Initiative for Higher Education
MALVERN, Pa. – March 7, 2003 – SCT (NASDAQ: SCTC) today announced it would unveil a new Enterprise Information Access Initiative for higher education at SCT Summit, the Company’s annual user conference being held next week in New Orleans. The three-phased approach will help institutions harness their vast amounts of siloed administrative information, analyze factors that drive success, and make more informed, timely business and operational decisions.
“It’s been said time and time again that knowledge is power,” said David Moldoff, senior vice president, solutions architecture & infrastructure for SCT. “Institutions are struggling with how to turn the data they have amassed within their administrative systems into knowledge that can be used to support strategic planning and decision-making processes that enhance institutional performance. SCT’s Enterprise Information Access Initiative is designed expressly for this purpose.”
As higher education institutions face operational and funding challenges, increasing enrollment, competitive pressures, and the ongoing imperative to deliver quality education experiences, the power of information to positively impact personal and institutional performance has never been stronger. Likewise, today’s technology tools can make this information more accessible and manageable than ever before, enabling decision makers to transform data into applied knowledge and business intelligence that enhances personal and organizational performance.
SCT’s Enterprise Information Access Initiative is designed to provide a single, unifying architecture that ensures consistency and ease of use in accessing the data housed across all of SCT’s administrative systems. While the rich baseline reporting functionality built into SCT’s administrative solutions serves the needs of many clients, other clients identify extensive needs for custom and ad hoc reporting, as well as more complex analytics associated with enterprise-scale reporting and business intelligence.
The Enterprise Information Access Initiative helps institutions standardize how data are communicated across the organization, yielding more consistent, timely, and efficient reporting and analytics readily accessible at every level of the organization. It creates a solid foundation for data management that will scale as institutional needs evolve in the future. It also represents a central part of SCT’s e-Education Infrastructure, a strategic framework for the digital campus that delivers superior interoperability, service delivery, and information access.
As an essential building block of SCT’s Enterprise Information Access Initiative, the SCT Enterprise Datamart is now being productized by SCT. Its architecture streamlines data extraction within all of SCT’s administrative solutions, providing a common methodology, architecture, and tool set compatible with both Microsoft and Oracle platforms. This solution design minimizes IT support and operational requirements by allowing choice of platform. The offering is also compatible with leading report writers, to support client choice at this level as well. SCT currently offers the Enterprise Datamart as a product to SCT Banner® clients and plans to offer it to clients of SCT’s other administrative solutions in the future.
Structured in three phases, SCT’s Enterprise Information Access Initiative enables clients to select the technologies and tools that are appropriate to their knowledge needs, digital campus objectives, and technological readiness.
Phase One: Provides the SCT Enterprise Datamart to simplify and expedite access to consistent data for reporting across the entire organization, based on a common data model and business rules. The Enterprise Datamart also delivers report templates for leading report writers and business intelligence software, supporting the client’s choice of reporting tools and enabling every institution to implement the right solution for their needs.
Phase Two: Provides a more sophisticated data warehouse infrastructure that captures aggregated and historical data. It supports enterprise-level information needs and complex business analytics such as trend analysis, forecasting, and other techniques. With this framework in place, decision makers at every level of the institution have ready access to enterprise data and the analytics that transform it into knowledge and business intelligence for informed, data-driven strategic planning and decision making.
Phase Three: Takes information access to a new level by delivering to institutional managers and decision makers the reports, business analytics, and other information resources they need through easy-access portal channels, analytical applications, and customized knowledge applications at their fingertips. With this final implementation stage, institutional personnel across the organization can create personalized and secure knowledge environments that enhance their productivity and operational effectiveness.
The Enterprise Information Access Initiative augments SCT’s selection of reporting and business intelligence solutions that have been well-received by clients to date, such as baseline reporting in SCT’s administrative solutions, analytic applications, data marts, and other offerings. The offerings associated with the new Enterprise Information Access Initiative provide an enterprise-level approach to serve the informational needs of personnel across the entire organization.
Furthering its commitment to support client choice, SCT is also working with additional industry-leading vendors of reporting and business intelligence solutions to ensure compatibility and ease-of-use with SCT’s administrative product lines. ###
SCT Expands Partner Program to Deliver a Greater Range of Higher Education Technology Solutions
Strategic Circle of Technology, Software, and Service Vendors Provide Complementary Products and Services to Extend the Value and Reach of the Digital Campus
MALVERN, Pa. – March 7, 2003 – SCT (NASDAQ: SCTC) today announced key vendors in the SCT Partner Program, an initiative through which SCT will join forces with a selection of technology hardware, software, and services companies to provide new and complementary offerings created specifically for institutions of higher education. The SCT Partner Program gives institutions more choices for assembling the right mix of technology and services for their needs.
Current members of the SCT Partner Program include:
· Ad Astra Information Systems;
· Adirondack Solutions;
· AppWorx Corporation;
· BSI – Business Software, Inc.;
· CAST Inc.;
· CONNX Solutions, Inc.;
· CORE Business Technologies;
· EPOS Corporation;
· Evisions, Inc.;
· Gelco Expense Management;
· FAMIS Software, Inc.;
· Global DataGuard;
· Hewlett Packard;
· infiNET Solutions;
· Information Builders, Inc.;
· Infosilem Inc.;
· LEGATO Systems, Inc.;
· Miami University-DARS;
· Microsoft Corporation;
· National Student Clearinghouse;
· NCS Pearson;
· Oracle Corporation;
· Residential Management Systems;
· SalePoint Inc.;
· SciQuest HigherMarkets;
· SSD Inc.;
· Sun Microsystems, Inc.;
· TouchNet Information Systems, Inc.;
· Webroomz; and
· Windstar Technologies, Inc.
The SCT Partner Program reinforces SCT’s commitment to building a broad network of select vendors to collaborate with SCT and better serve higher education. By expanding the array of offerings that build on the solid foundation of SCT administrative systems, clients can more easily extend the value of their technology investments and select the right solutions for their institutional needs.
The SCT Partner Program identifies and qualifies vendors to work with one or more SCT solutions according to several criteria, including:
– Functionality and offerings that complement SCT solutions ;
– · Technological compatibility, ensuring the right solution on
the platform of choice;
-· Client demand for a particular feature or solution
“SCT will build, buy, or partner to deliver the technology solutions our clients need,” said Scott Doughman, senior vice president of corporate development for SCT. “Through the SCT Partner Program we are creating relationships that help our clients by deepening and broadening the range of products and services available to them. This web of alliances also helps clients realize the benefits of the SCT e-Education Infrastructure, including interoperability, service delivery, and personalized education experiences. The SCT Partner Program will help clients identify the best fits between their SCT solutions and additional technologies, software, and services required to build out their unified digital campus.”
SCT is working with a number of partners to deliver integrated and certified solutions, while other partner solutions are better suited to a coordinated, non-integrated implementation. The choices offered by the SCT Partner Program give clients the freedom to select the right configuration of solutions to meet their unique needs.
Members of the SCT Partner Program have the opportunity to work with SCT and its proven, market-leading technologies in serving more than 1,300 client institutions worldwide. As an SCT Partner, members will be invited to Summit, SCT’s annual users conference and currently the largest gathering of higher education institutions in the world. At Summit 2003 this week in New Orleans, SCT Partners will be able to interact with more than 5,000 clients representing nearly 750 institutions from 48 states and 24 countries.
SCT Completes Sale of Global Energy and Utilities Solutions Business Unit
SCT Focuses Solely on Serving the Higher Education Technology Market
MALVERN, Pa. ? March 6, 2003 ? SCT (NASDAQ: SCTC) today announced it finalized the sale of its energy and utilities business to Indus International, Inc. (NASDAQ: IINT), for $37.8 million subject to adjustment based upon the actual closing date balance sheet. The sales price includes assumption of a six-month real estate collateralized note for $10 million.
The energy and utilities divestiture follows the sale of two other SCT businesses that served the manufacturing and local government markets, and allows the Company to focus solely on the higher education technology market. Over the past year, SCT has acquired several companies to broaden its higher education technology offerings. Those acquisitions include Campus Pipeline, Inc., Applied Business Technologies, and the student information systems business from Sallie Mae, expanding SCT’s ability to deliver on its vision of the e-Education Infrastructure.
Mike Chamberlain, president and CEO of SCT, stated, “Finalizing the sale of our energy and utilities business was the last step in SCT’s evolution to focus solely on serving the technology needs of higher education.”
SCT is the leading global provider of e-education technology solutions for institutions of any size and complexity. The Company supports more than 1,300 client institutions worldwide with administrative and academic solutions, portal and community solutions, content management and workflow solutions, information access and integration solutions, and professional services. SCT works collaboratively with clients and partners to provide the e-Education Infrastructure that enables institutions to fulfill their unique missions. For more information visit www.sct.com.
SCT and Banner are registered trademarks and the SCT logo is a trademark of Systems & Computer Technology Corporation or one or more of its subsidiaries. All other product and company names referenced herein are used for identification purposes only and may be trademarks of their respective owners.
Statements made in these press release sthat state the Company’s or management’s intentions, beliefs, expectations, or predictions for the future are forward-looking statements and are subject to a number of risks, assumptions and uncertainties that could cause the Company’s actual results to differ materially from those projected. Readers are cautioned that these statements are only predictions and may differ materially from actual future events or results. These risks, assumptions and uncertainties include, without limitation: the ability to complete and deliver all of the Information Access Initiative products and services cost effectively and on a timely basis; economic and geopolitical conditions in the U.S. and abroad; the ability of the Company and its alliance partners to accomplish marketing and integration plans and to meet development and implementation schedules for the Information Access Initiative cost-effectively and on a timely basis; market acceptance of the new products and services in the Initiative; continued acceptance of existing products and services; competitive and pricing pressures in the higher education market; the mix of products and services the Company sells; implementation of operating cost structures that align with revenue growth; the financial condition of the Company’s customers and alliance partners; the Company’s ability to attract and retain highly skilled personnel; and other risks and uncertainties referenced in the Company’s filings with the Securities and Exchange Commission, including but not limited to the Company’s annual report on Form 10-K and quarterly reports on Form 10-Q. The Company undertakes no duty to update any forward-looking statement to conform the statement to actual results or changes in the Company’s expectations.
Leadership – Choices – Excellence
SCT Investor Relations: SCT Media Relations:
Eric Haskell Laura Kvinge