Pervasive Software Deepens, Extends Document Exchange Managed Services For Marathon Oil Corporation
Pervasive Software® Inc. (NASDAQ: PVSW), a global leader in 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.”
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV