BI leader SAS helps Quaker Chemical win CIO Insight business-technology alignment award
CARY, N.C., Dec. 5, 2005 -- SAS, the leader in business intelligence, announced today that its customer Quaker Chemical Corporation was named the recipient of the fourth annual CIO Insight Business-Technology Alignment Award. This award recognizes the significant innovation, collaboration and communication that are required throughout an organization to realize a successful business-IT partnership.
The award was presented to Irving Tyler, vice president and chief information officer for Quaker, during CIO Insight's Alignment Award dinner on Wednesday, Nov. 16, at the Parker Meridien hotel in New York City.
"This award is especially significant for us," said Tyler, "because it is proof that IT does matter in answer to critics who question its relevance in today's society. We are in the information age now, and there is no turning back."
Quaker relies on SAS(R) for business intelligence capabilities that benefit external customers, as well as Quaker's global leaders, business unit managers and sales managers.
"With SAS, we have a single source of the truth that is delivered to all levels of the company for highly customized business analysis," said Tyler. "The evolution of Quaker as a global business and the role of SAS as our partner along the way have been a hand-in-glove relationship.
"As a public company, we need to not only manage our operations against business objectives and metrics, but to provide statutory and regulatory information, which means looking at our business in many different ways. SAS helped us evolve our business intelligence process to achieve all of our requirements."
A panel of 11 distinguished judges selected by CIO Insight evaluated companies based on a variety of criteria: a clearly articulated business and IT strategy; processes and governance structures that foster alignment; technology investments that accelerate the company's business strategy; metrics that measure financial results; and management practices that encourage a culture of collaboration.
"To accomplish its transformation from a product-based company into a knowledge-based company, Quaker Chemical had to put IT activities front and center," said Ellen Pearlman, editor-in-chief of CIO Insight. "We applaud Quaker for its success in using IT to dramatically change the business."
About Quaker Chemical Corporation
Quaker Chemical Corporation, headquartered in Conshohocken, PA, is a worldwide developer, producer and marketer of custom-formulated chemical specialty products and a provider of chemical management services for manufacturers around the globe, primarily in the steel and automotive industries.
SAS is the market leader in providing a new generation of business intelligence software and services that create true enterprise intelligence. SAS solutions are used at 40,000 sites - including 96 of the top 100 companies on the FORTUNE Global 500(R) - to develop more profitable relationships with customers and suppliers; to enable better, more accurate and informed decisions; and to drive organizations forward. SAS is the only vendor that completely integrates leading data warehousing, analytics and traditional BI applications to create intelligence from massive amounts of data. For nearly three decades, SAS has been giving customers around the world The Power to Know(R). Visit us at www.sas.com.
SAS and all other SAS Institute Inc. product or service names are registered trademarks or trademarks of SAS Institute Inc. in the USA and other countries. (R) indicates USA registration. Other brand and product names are trademarks of their respective companies. Copyright (C) 2005 SAS Institute Inc. Cary, NC, USA. All rights reserved.
Faye Merrideth, 919-531-4261 Faye.Merrideth@sas.com
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