CHICAGO, Oct. 18, 2017 (GLOBE NEWSWIRE) – Petrosoft and IBM (NYSE:IBM) have entered into a strategic partnership to develop its fourth-generation site integration network for the retail and downstream petroleum industries.
IBM’s Informix Enterprise Edition provides an extremely powerful database to leverage the capabilities of Petrosoft’s site integration network solutions. These solutions are built using industry standards and leverage today’s most advanced enterprise databases, network architectures, data exchanges, and data models.
“With IBM Informix and the support of Advanced DataTools, we are taking the Direct Connect Site Integration Network to the next level. We are increasing its processing power and adding new capabilities such as data encryption, management, and replication to unlock the real value of IoT for the retail and petroleum industries. It accelerates the digital transformation of brick-and-mortar operations,” said Sergei Gorloff, CEO of Petrosoft.
“IBM is excited to help Petrosoft harness Internet of Things (IoT) technology and embedded IBM® Informix® databases to give clients ultra-fast, up-to-date insight into all aspects of their fuel and retail operations,” said Joe Costabile, Business Unit Executive, Embedded Analytics Solutions for IBM Analytics. “In addition, Informix replication features enable a global footprint, especially in areas where there is limited connectivity. These capabilities are helping to boost safety, efficiency and profitability.”
This fourth-generation solution responds to the growing use of retail IoT solutions, increased security concerns, and compliance requirements. Petrosoft’s CEO, a retail operator and engineer, recognized the need to develop this fourth-generation site integration network to meet the industry’s changing environment. It enables retailers to take advantage of the operational improvements provided by IoT solutions without being overwhelmed by the growing complexity of forecourt and in-store device tracking and compliance. Ultimately, this solution is designed to help retailers gain faster, deeper insights into their operations while meeting growing consumer demands.
“The IBM Embedded Solution Agreement (ESA) has enabled Petrosoft to launch this solution quickly, analyze and optimize their IoT Data with the best in class IBM software, and we are looking forward to an even closer alignment in the future,” said Joe Costabile, Business Unit Executive, Embedded Analytics Solutions for IBM Analytics.
Petrosoft’s true-cloud platform provides innovative business solutions to the retail and petroleum industries. Beginning in 2002, Petrosoft transformed the convenience store industry when its founder, a retail operator and engineer, introduced CStoreOffice®, its cloud-based back-office software solution. Today, the company designs, develops, and markets end-to-end retail technology, enabling a seamless connection between vendors, forecourt, point-of-sale, made-to-order, back-office, fuel management, network and financial systems. The company continually strives to find innovative ways to enable retail operators to better manage their forecourt, in-store and back-office operations. The company supports its product line from its headquarters in Pittsburgh, PA. Find out more at www.petrosoftinc.com.
IBM is a global technology and innovation company headquartered in Armonk, NY. It is the largest technology and consulting employer in the world, with more than 400,000 employees serving clients in 170 countries. IBM creates value for clients through integrated solutions, an industry leading portfolio of consulting and IT implementation services, cloud and cognitive offerings, such as Watson, and enterprise systems and software; all bolstered by one of the world’s leading research organizations.
As part of a Cognitive strategy, organizations can transform their industry and professions with data. IBM Analytics enables anyone to engage with data to answer the toughest business questions, uncover patterns and pursue breakthrough ideas.
For details visit:
IBM Analytics: http://www.ibm.com/analytics/us/en/
IBM Informix: https://www.ibm.com/analytics/us/en/technology/informix/
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