SOURCE: Tidal Software

March 26, 2007 18:44 ET

Tidal Job Scheduler Simplifies Pioneer Investment Management's IT Operations

Job Scheduler Enables Company to Increase Focus on Aligning IT With Business Priorities

PALO ALTO, CA -- (MARKET WIRE) -- March 26, 2007 -- Tidal Software, a leading provider of application scheduling and performance management software, today announced that Pioneer Investment Management has standardized on Tidal Enterprise Scheduler to simplify and accelerate high-volume data processing. Pioneer selected Tidal's job scheduler for its ease-of-use, rapid installation and support for heterogeneous systems. As a result, Pioneer has reduced the effort required to run thousands of jobs around the clock by nearly 100%, allowing Pioneer's staff to focus on ensuring vital business applications.

"Tidal's job scheduler has a tangible, positive impact on our entire business," said Christopher Chapin, vice president of IT Infrastructure. "Because we can trust Tidal to manage our job schedules flawlessly, we have increased our focus on ensuring that our applications and reporting deliver the greatest possible value to the business. We are in a highly regulated industry and can only afford to use highly reliable and effective products like this. In addition, Tidal's service has been excellent. We're very pleased to be a Tidal customer."

Pioneer's IT environment is both heterogeneous and complex. Tidal's job scheduler executes Pioneer's batch processing seamlessly across various applications and supports everything from PeopleSoft ERP applications and financial industry applications -- mutual fund management and fund accounting applications, as well as trading and order management and compliance applications for stock and bond trading -- to various systems and technologies including Windows and ftp/sftp.

"Forward-thinking customers like Pioneer are examining their operations for ways to radically simplify their approach to scheduling and performance management and put even more emphasis on IT and business alignment," said Rod Butters, senior vice president of marketing at Tidal Software. "Tidal products and services support IT management in achieving that goal regardless of the complexity of their environments. Pioneer clearly demonstrates the business value to be gained from our solutions. We are very proud to be a part of Pioneer's achievements."

About Tidal Software

Tidal Software is a leading provider of application scheduling and performance management software that radically simplifies IT operations by automating and integrating performance and process management. Tidal's solution puts IT operations management into the business process using new levels of automation, visibility, and control over systems. Tidal makes applications such as SAP®, PeopleSoft®, and Oracle E-business Suite™ more efficient, reliable, and secure to return greater business value. Tidal also gives IT deep visibility into and precise control over new SOA-based composite solutions consisting of packaged applications and custom components in Java and .NET.

General Mills, HP, ING Direct, Microsoft, T-Mobile, and Warner Bros. Entertainment Inc. are among the Tidal customers who use Tidal to reduce operational costs by running IT at higher efficiency rates and containing overall data center footprints. Privately held, Tidal is venture-backed by Kleiner Perkins Caufield & Byers, Novus Ventures, Panorama Capital, and VantagePoint Venture Partners. For more information, contact Tidal Software at (650) 475-4600 or visit

Tidal Software Logo, Tidal Enterprise Scheduler, Tidal Horizon and Expert-in-a-Box are trademarks of Tidal Software, Inc. All other trademarks are those of their respective owners.

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