Pervasive Software Deepens, Extends Document Exchange Managed Services for Marathon Oil Corporation
Windows Azure-Based Pervasive Business Xchange Strengthens Trading Partner Efficiency, Relationships
AUSTIN, Texas--(BUSINESS WIRE)-- Pervasive Software® Inc. (Nasdaq: PVSW) , a global leaderin cloud-based and on-premises data innovation, is enhancing its 10-year business relationship with Marathon Oil Corporation (NYSE: MRO) with a new initiative to onboard hundreds of additional Marathon Oil suppliers. The initiative will almost quadruple the number of suppliers with which Marathon Oil exchanges e-invoices, remittances and other electronic business documents using Pervasive Business Xchange™ managed services. This service enables Marathon Oil to reach hundreds of additional vendors to efficiently process business documents according to accepted industry standards.
With increasing activity in the Eagle Ford Shale, Marathon Oil has seen rapid growth in the number of suppliers that help it conduct efficient production operations. Powered by Windows Azure, Pervasive Business Xchange leverages the platform's scalability and economics to make it cost-effective to electronically onboard the additional Marathon Oil suppliers.
Pervasive Business Xchange, which is hosted on the Windows Azure platform-as-a-service, provides customers like Marathon Oil with the advantages of a scalable, economic cloud-based architecture.
"With our services on the Windows Azure elastic cloud, we can rapidly scale to accommodate hundreds of additional suppliers, as we are now doing for Marathon Oil," noted Markus Bockle, senior director for Pervasive Business Xchange. "We also have the flexibility to deliver innovative subscription- and usage-based pricing that makes automated trading relationships affordable for Marathon Oil and their suppliers, enabling the company to cost-effectively extend B2B exchange services access to the long tail of their suppliers."
"Pervasive Business Xchange exemplifies the kind of innovative businesses that successfully embrace the Microsoft Windows Azure platform," said Tom Matthews, Azure Sales Manager, Central Region at Microsoft. "Our platform's robustness, scalability and economics enable Pervasive Business Xchange to provide a seamless and affordable experience to users, from onboarding to document exchange and monitoring."
Pervasive Business Xchange, a member of the Petroleum Industry Document Exchange (PIDX) International standards group, provides electronic exchange of procurement and supply chain-related documents and transactions to many of the world's largest oil and gas producers, as well as their operators and suppliers. Its managed services accept electronic documents for translation into a trading partner's required format and enables users to track the documents' progress throughout the process.
About Pervasive Software
Pervasive is a global data innovation leader, delivering software to manage, integrate and analyze data, in the cloud or on premises, throughout the entire data lifecycle. Pervasive products deliver value to tens of thousands of customers worldwide, often embedded within partners' software, with breakthrough performance, flexibility, reliability and return on investment. For additional information, go to www.pervasive.com.
This release may contain forward-looking statements, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All forward-looking statements included in this document are based upon information available to Pervasive as of the date hereof, and Pervasive assumes no obligation to update any such forward-looking statement.
All Pervasive brand and product names are trademarks or registered trademarks of Pervasive Software Inc. in the United States and other countries. All other marks are the property of their respective owners.
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