Global Leader in EAM Solutions, Utopia, Inc. Announces Opening of Utopia Labs™

First of its kind research, development and innovation facility focused on data

Mundelein, IL – (May 3, 2012) - Utopia, Inc., a leading EAM and enterprise data solutions provider, announced the opening of Utopia Labs™ at its world headquarters in Mundelein, IL. The state-of-the-art research, development and innovation facility will allow companies to test drive cutting edge solutions to harness the power of data in their enterprise. As noted by President Obama in his State of the Union address, data management is one of the next great job-generating industries.

According to recent estimates from IDC, 90% of the world's data was produced in the last 24 months. "It's not surprising companies are hungry for data management solutions today. Utopia Labs was created as a safe environment where our customers could learn, collaborate and innovate with the world's leading data experts, using their own data, in a live environment," said Arvind Singh, president and CEO.

Speaking at the grand opening ceremonies, Dean Germeyer, Chief Operating Officer, SAP® North America Services said, "Utopia has a history of innovation and they have taken thought leadership to a whole new level by creating Utopia Labs. SAP customers can now see data solutions come to life in real time, and in a holistic environment that represents a typical IT landscape. Frankly, it's a better buying experience for our customers."

Utopia Labs showcases the latest technologies like the SAP HANA® platform, Mobility and Analytics along with traditional solutions like Data Migration and Data Governance under Utopia's unique framework for EAM and Enterprise Data Lifecycle Management™ (EDLM™).

"We are running everything on a cloud-based infrastructure that showcases our ability to reduce customer acquisition costs by providing a simple and affordable hosted solution," added Singh. "Trusted data is no more the unsolved last mile or holdout in an enterprise's quest to better and faster decision making."

ABOUT UTOPIA, INC.

Utopia, Inc. is a global Enterprise Data Solutions provider that leverages its proprietary Enterprise Data Lifecycle Management (EDLM) methodology. It serves customers in multiple industries with unique methodologies to deliver significant cost savings and improvements that help unleash the true potential of the enterprise. Its solutions include strategic roadmap development, systems integration, data strategy and master data management (MDM), as well as data migration, quality and governance services.

Topics: Press Releases, Utopia Labs, Grand Opening

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