SOURCE: VITRIA TECHNOLOGY, INC.

Vitria Technology, Inc.

July 26, 2011 08:33 ET

Vitria Partner Wins Innovation Award

MID Business Earns Innovation Space Award for Operational Intelligence Implementation in Financial Services & IT Sectors

SOA PAULO, BRAZIL--(Marketwire - Jul 26, 2011) - MID Business, a strategic partner for Vitria, was recently awarded an "Innovation Space" award and invited to exhibit and present its project at the largest Latin American event, CIAB FEBRABAN, for the finance and IT sectors. Organized by FEBRABAN, the Brazilian Federation of Banks, this year's event was held at the Transamerica Expo Center in Sao Paulo from June 15-17, 2011 with the theme "Beyond Web Technology."

Over 136 exhibitors -- including IBM, Microsoft, and HP -- along with an audience of more than 16,000 people were in attendance to witness the awards ceremony. The Vitria Team was honored to receive the prestigious "Innovation Space" award and attend the event at the request of MID Business in order to educate the audience on the emerging concept of Operational Intelligence and the benefits of the M3O Operational Intelligence Platform.

According to Vitria Brazil Country Manager, Jose Carlos Sampaio, "Today's businesses face the difficulty of achieving visibility into customer and operational data as the data resides in multiple systems and 'silos' with multiple points of ownership. MID Business's implementation of M3O rises above these challenges, providing the performance and flexibility to improve customer satisfaction and reduce churn by proactively resolving issues that impact customers."

M3O possesses the unique ability to enhance the value of existing software investments. M3O increases the value of ERP investments, delivering insights by shedding light onto "dark" (or hidden) processes, quickly identifying problems, and enabling optimized decision-making. M3O provides game-changing insight into a customer's experience by correlating events and data from IT operations, business systems, and social media activity streams.

To view real-time data, M3O's user-friendly dashboard creation capabilities empower business and IT users to create role-based dashboards. M3O's dashboards make it easy for users to immediately act on real-time information with the click of a mouse, leveraging the power of Operational Intelligence. M3O is available on-premise or in the Cloud.

Additional Resources:

Vitria website: http://www.vitria.com
Vitria blog: http://blog.vitria.com
Vitria on Twitter: @VitriaTech

About Vitria:
Vitria Technology, Inc. provides the leading Operational Intelligence platform, empowering partners and customers to develop solutions to analyze business activities and take real-time action. The result is faster, better decision-making.

Contact Information

  • To discuss partnership opportunities with Vitria, please contact:

    Kirsten Barrera
    Vitria Technology, Inc.
    (408) 212-2719
    pr(at)vitria.com