Edgewater Technology Featured by Oracle as Customer Success Story

WAKEFIELD, Mass., Dec. 10, 2014 (GLOBE NEWSWIRE) -- Edgewater Technology, Inc. (Nasdaq:EDGW), a leading consulting firm that brings a blend of classic and product-based consulting services to its clients, has been selected by Oracle to feature as a customer success story on Oracle.com, titled "Edgewater Technology Performs Quarterly Rolling Forecasts in the Cloud."

Edgewater recognized the opportunity to significantly improve its forecasting process by reducing its dependence on spreadsheet-based planning. After reviewing options, Edgewater selected Oracle PBCS because of its demonstrated functionality and the appeal of a cloud-based suite of planning and budgeting applications. Edgewater Ranzal, an Edgewater subsidiary and Oracle Platinum Partner with expertise in delivering Oracle business analytics solutions, completed the PBCS implementation in only four weeks.

"We were pleased to be recognized as an Oracle customer success story," said Tim Oakes, chief financial officer of Edgewater. "PBCS had a very positive impact on our planning process with a quick integration, and has streamlined and enhanced our planning as promised."

About Edgewater

Edgewater Technology, Inc. (Nasdaq:EDGW) is a strategic consulting firm delivering a blend of classic and product-based consulting services. Edgewater addresses the market both vertically by industry and horizontally by product and technology specialty, providing its client base with a wide range of business and technology solutions. As one of the largest IT consulting firms based in New England, the company works with clients to reduce costs, improve processes and increase revenue through the judicious use of technology. Edgewater's brand names include Edgewater Technology, Edgewater Ranzal and Edgewater Fullscope. To learn more, please visit www.edgewater.com.

Company Contact:

Jenny Norwood
Senior Marketing Manager
Tel (781) 246-3343

Investor Relations:

Liolios Group, Inc.
Cody Slach


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Source:Edgewater Technology, Inc.