Bellevue, Wash. - May 29, 2007 - Intelligent Results®, Inc. a leader in customer analytics and decision management solutions, and a subsidiary of First Data Corp. (NYSE:FDC), today announced the launch of PREDIGY™ 5.0.
The PREDIGY 5.0 release includes innovations based on customer and partner needs, delivering three areas of expanded functionality:
Intelligent Results' analytic applications were initially adopted by financial institutions for collections and recovery, and have since evolved to support the entire customer lifecycle. PREDIGY is currently serving financial services, utilities, telecom, and specialty retail customers. The force behind increased acceptance is the growing recognition of the need to apply data-driven decisions to all aspects of business-from acquisition, through risk management and fraud, to execution of more cost-effective marketing, cross-sell, loyalty, and retention programs.
Intelligent Results' innovation is accelerated by the company's close working relationships with partners and enterprise customers. According to Jason Garrett, Director of Sales and Marketing at Georgia-based SouthStar Energy Services, "After careful review of several vendors we chose Intelligent Results to assist us in developing more effective segmentation models to maintain our market leadership position in Georgia and grow our customer base there." SouthStar is a preeminent retail natural gas marketing company operating in seven states; in Georgia, SouthStar does business as Georgia Natural Gas, the state's leading natural gas provider.
Intelligent Results' partners develop their own applications built on the PREDIGY platform, enabling them to deliver strategic analytics capability to their customers. According to Robert R. Craig, executive vice president and general manager of Online Resources' eCommerce services unit, "Integrating predictive analytics and decision management software with our award-winning Web-based collections solution enables us to help our clients further customize their Internet channel and maximize their debt collection and recovery efforts." Online Resources powers web-based financial services for 2,700 financial institutions, billers and credit service providers with a suite of account presentation, payment and marketing services.
Enhanced features in the PREDIGY platform include:
With the expanded strategy capabilities in PREDIGY, business users are able to understand costs, benefits and profitability prior to implementing decisions. They can set triggers and alerts to help them react dynamically to changes in customer, market and business conditions.
"The Intelligent Results platform was designed from the ground up to expedite the process of building, simulating and deploying analytic decisions by the line of business user," said Kelly Pennock, President of Intelligent Results. "In the long run, all relevant business decisions will be analytically driven. Nothing else makes sense. Through ease of use and simplicity of deployment, Intelligent Results makes that possible today."
First Data Corp. intends to continue to expand upon a series of analytical solutions built on the Intelligent Results platform. The first of these applications will become available in June 2007. "In tandem with Intelligent Results, we're able to deliver innovative analytic solutions to our customers, providing significant business improvement on a range of decisions from collections and recovery to marketing offer optimization," said Sara Bonn, Chief Product and Innovation Officer at First Data Financial Institution Services.
Intelligent Results enables companies in financial services, utilities, telecom, government, and retail to manage their business more dynamically with a new standard in customer analytics and decision management. The Intelligent Results PREDIGY™ software platform allows companies to better understand and predict customer behavior and then quickly plan and operationalize targeted strategies. This empowers companies to improve the customer experience, allocate resources more effectively, and increase profitability. Intelligent Results solutions and insights derive from 20 years experience, beginning in the national laboratories. For more information visit www.intelligentresults.com.
First Data Corp. (NYSE: FDC) is a leading provider of electronic commerce and payment solutions for businesses worldwide. Serving over 5 million merchant locations, 1,900 card issuers and their customers, First Data powers the global economy by making it easy, fast and secure for people and businesses around the world to buy goods and services using virtually any form of payment. The company's portfolio of services and solutions includes merchant transaction processing services; credit, debit, private-label, gift, payroll and other prepaid card offerings; fraud protection and authentication solutions; electronic check acceptance services through TeleCheck; as well as Internet commerce and mobile payment solutions. The company's STAR Network offers PIN-secured debit acceptance at 2 million ATM and retail locations. For more information, visit www.firstdata.com.
Intelligent Results
Debbie DeGabrielle
Vice President Marketing
debbie.degabrielle@intelligentresults.com
+1.425.455.5100 ext. 209