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News

Novation selects Zoomix Accelerator to automate supply chain data management

Zoomix : 16 January, 2008  (New Product)
Novation, the health care industry's leader in supply contracting representing more than $31 billion in annual purchases, has selected Zoomix's self-learning data management software to integrate with Novation’ss existing product information management (PIM), spend analysis and data warehouse systems.
The integration will automate ongoing classification, standardisation and matching of millions of product data records.

Unlike alternative solutions, Zoomix Accelerator classifies product data records into thousands of categories in any taxonomy without any custom development effort. Zoomix Accelerator integrates a number of capabilities into a unified system, all of which leverage a common metadata infrastructure. The system classifies data into one or more taxonomies (UNSPSC as well as any custom taxonomy structure), identifies like products (by extracting and identifying key product attributes and automatically matching) and standardises product descriptions and attributes in order to increase the effectiveness of PIM implementations.

Zoomix was selected following extensive testing performed at Novation's headquarters, using actual product data. Zoomix Accelerator provided automatic classification results almost immediately, even for ‘dirty’ data. Zoomix Accelerator's self-learning capabilities and ‘out of the box’ ease-of-use, quickly achieved a high degree of accuracy and ‘understood’ Novation's complex and highly variable product data, without any manual development efforts.

'Zoomix automation will provide an immediate order of magnitude increase in our productivity. Being able to quickly and accurately classify all incoming product data will allow us to better utilise our existing spend analysis systems, which will in turn increase our competitive advantage,' said Melinda Gardner, Novation's vice president of supply chain data management.

'Novation's decision to implement Zoomix Accelerator for some of its core business activities confirms the unique value of Zoomix's technology in the US market,' said Martin Query, Zoomix's vice president of North American sales. 'Existing data quality solutions are effective in the world of name and address data, but are simply not capable of the heavy lifting required to quickly and effectively address the much more complex world of product data. Zoomix offers the market a solution where no other practical solutions exist today.'
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