Discover Technology Teams Recognized for Business Intelligence and Analytics

Technology teams from Discover Financial Services were named finalists for the second straight year in IDG’s Computerworld’s Enterprise Intelligence Awards Program. These awards honor companies that demonstrate best practices in the use of information technology solutions built on Teradata platforms.

Discover was one of three finalists in the “Excellence in Business Intelligence and Analytics” category. The company’s entry featured the re-engineering of Discover’s cardmember financial reporting abilities into a dynamic, flexible system that enhances analytical reporting while reducing costs.

“By using a highly scalable platform, we delivered a system that provides relevant, accurate, and timely data to help us achieve our business goals,” said Glenn Schneider, senior vice president and chief information officer at Discover. “The recognition of this effort highlights the great collaboration we have with our business partners to develop solutions that help the bottom line and position Discover for continued success.”

This marks the second time Discover has been a finalist in the two-year-old awards program. Last year, Discover won top honors in the “Integrated View of the Business” category for its Integrated Decisioning System project, which was designed to speed up the time to market for deploying business models and strategies that help the company more effectively respond to changing market conditions and more quickly gain insights into customer behavior.

“The organizations and professionals judged to be award finalists have unlocked the true value of managing today’s enterprise technology,” said Ellen Daly, senior vice president, events, for IDG Enterprise. “Enterprise technology is at the center of IT infrastructure and IT management and these finalists have shown they are on the leading edge of innovative technologies.”

The awards program is independently managed by Computerworld and sponsored by Teradata. Judges were selected from senior IT management who have received past industry awards. Other categories included “Customer Intelligence and Management,” “Government and Non-Profit,” “Industry Innovation,” and “Integrated View of the Business.”

Judges considered criteria such as strategic importance to the business, positive impact on business units, customer impact, strategic competitive advantage, financial return and measurable payback, and improved foundation for better business decisions. Winners were announced in October at the Teradata Partners User Group Conference & Expo conference in Washington, D.C.

About Computerworld

For 40 years, Computerworld has been the leading source of technology news and information for IT influencers worldwide. Computerworld's award-winning Web site (Computerworld.com), weekly publication, focused conference series and custom research form the hub of the world's largest global IT media network. Computerworld's Web site and print publication have won more than 100 awards in the past five years alone. Computerworld leads the industry with an online audience of over 2 million unique monthly visitors and a print audience of more than 1.2 million readers each week. Computerworld's conferences, with their focus on technologies and solutions, provide a rare opportunity for attendees to gain insight into the way user companies execute their strategies in the enterprise. Whether it's the prestigious Computerworld Honors Program, Computerworld's exclusive Premier 100 IT Leaders Conference or vertical industry events such as SNW, Business Intelligence Perspectives, or SaaScon, Computerworld's conferences provide the best environment for idea exchange among IT executives and IT solutions providers.

About International Data Group (IDG)

International Data Group (IDG) is the world's leading technology media, events and research company. Since its founding in 1964, IDG has been committed to helping people acquire and use technology successfully. As a result, IDG’s global brands have become the trusted source for insight into the technology industry and its products around the world. Over the past 45 years, IDG has grown into a multi-billion dollar company reaching technology audiences in more than 100 countries worldwide. In 2008, IDG had revenues of $3.2 billion and more than 13,000 employees worldwide. IDG's diverse products and services portfolio spans six key areas: online media, events and conferences, print publishing, lead generation services, global marketing solutions and market research.

About Discover

Discover Financial Services (NYSE: DFS) is a leading credit card issuer and electronic payment services company with one of the most recognized brands in U.S. financial services. Since its inception in 1986, the company has become one of the largest card issuers in the United States. The company operates the Discover card, America's cash rewards pioneer, and offers student and personal loans, as well as savings products such as certificates of deposit and money market accounts. Its payments businesses consist of Discover Network, with millions of merchant and cash access locations; PULSE, one of the nation's leading ATM/debit networks; and Diners Club International, a global payments network with acceptance in 185 countries and territories. For more information, visit www.discoverfinancial.com.