4/5/2004 - Demonstrating continued success as a market-leading portal solution provider, Sun Microsystems, Inc. (Nasdaq: SUNW), the creator and leading advocate of Java(tm) technology, announced that it is the winner of the Digital Consulting, Inc. (DCI) 2004 Portal Excellence Award.
The 2004 award for Best Enterprise Portal Application was given to Sun and AXA Financial for the design and deployment of AXA Financial's multi-portal initiative using the Sun Java(tm) System Portal Server, a key component of the Sun Java(tm) Enterprise System. The Sun/AXA Financial solution was selected from a highly competitive field of award entries, including those from other finalists, Interwoven/American Hospital Association, Plumtree/Hamilton-Sundstrand and Sonic Software/AXA Insurance. This is the second year that Sun has been honored with the DCI Portal award, having won the 2002 Best Internal Corporate Portal Award, along with Workscape, Inc., for the design and deployment of the General Motors Corporation employee portal.
"The entry from Sun and AXA Financial demonstrated very concrete cost savings. This, along with its emphasis on customer service, made their entry stand out among the dozens we received. Each of us on DCI's portals team was impressed with the work Sun has done at AXA Financial," said Barbara Gavin, DCI's program manager.
AXA Financial Inc. deployed the Java System Portal Server to support AXA Advisors, its retail channel (AXAonline.com), as well as AXA Distributors, LLC, its wholesale channel (AXAdistributors.com). By consolidating its e-commerce initiatives on to one platform infrastructure, AXA Financial reduced its total cost of ownership (TCO) by as much as 50 percent. AXA is conducting insurance-related business transactions on-line at nearly half of the cost of traditional channels, having achieved its 12-month target of conducting 20 percent of its quotes business and any new business on-line in seven months. In addition, AXA Financial is saving over $600,000 annually through the elimination of mass mailing costs.
"We chose Sun Java System Portal Server because it provided a reusable, flexible solution to create and deploy additional portals faster and at reduced costs -- increasing our return on investment," said Don Buskard, Senior Vice President and Chief Technology Officer for AXA Financial. "The ability to deploy our multiple portals on one Java System Portal platform allowed AXA to deploy our B2B wholesale portal in approximately 40 percent of the time it would normally take to build."
AXAonline.com enables AXA Financial to deliver real-time stock quotes to site visitors, allows existing clients to access account information and third-party news feeds, and provides access to a learning library stocked with financial tools and resources. It currently has over 65,000 registered users and averages 15,000 log-ins a day, with up to 250 concurrent sessions.
The wholesale portal (AXAdistributors.com) -- directed at independent financial advisors, banks, wirehouses and broker/dealers -- was built on the success of the retail deployment by extending the relationship-building and communications that are enabled through the portal technology. Between 80 and 90 percent of the portal architecture was reused in the deployment of the wholesale portal, which only took seven weeks to fully implement.
"Sun is committed to delivering flexible and extensible portal solutions that help customers drive down their total cost of ownership and reduce their cost and complexity. AXA Financial's multiple-portal computing initiative is a great example of how Sun customers can achieve their business objectives by leveraging the reusability and scalability of the Sun Java System Portal Server. We are extremely pleased to be recognized by the portal industry and to win this prestigious award with AXA Financial," said David Bryant, director of portal services, Sun Microsystems.
Consultants from Sun Services helped AXA Financial design and implement the portal solution, which is powered by key Java Enterprise System software, including: Java System Portal Server, Directory Server, Messaging Server, and Web Server, as well as J2EE and XML technologies residing on Sun servers running the Solaris 8 Operating System. A SunSpectrum(sm) support agreement and training from Sun Services will help AXA sustain high availability and reliability.
The DCI Portal Excellence award is the latest success for the industry-leading Java System Portal Server. With over 600 customers worldwide, the Java System Portal Server has been positioned in the leader quadrant of Gartner Group's Portal Product Magic Quadrant for the last three years, every year that Gartner has published this report.
The award was co-sponsored by DCI and by DM Review magazine and presented at the recent (March 17, 2004) DCI Portals, Collaboration and Content Management Conference in San Francisco. DCIĘs conference chair, Colin White of BI Research, led the panel of judges. Zach Wahl of Project Performance Corporation and Clive Finkelstein of Information Engineering Services joined Mr. White in presenting the awards. For more information, visit www.dci.com/events/portals.
About Sun Microsystems, Inc.
Since its inception in 1982, a singular vision -- "The Network Is The Computer" -- has propelled Sun Microsystems, Inc. (Nasdaq: SUNW) to its position as a leading provider of industrial-strength hardware, software and services that make the Net work. Sun can be found in more than 100 countries and on the World Wide Web at http://sun.com
Sun, Sun Microsystems, the Sun Logo, Java, Solaris, SunSpectrum, and The Network Is The Computer are trademarks or registered trademarks of Sun Microsystems, Inc. in the United States and other countries.
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