Toyota Financial Services Selects BEA WebLogic for Service Oriented Architecture
Tuesday 02 March 2004Toyota Financial Services, the finance and insurance brand for Toyota in the United States, is planning several major IT initiatives to support its customers and wishes to " leverage BEA WebLogic Workshop, an integrated development environment, to build service-oriented Web applications, Web services, and portal applications."
Toyota Financial Services Selects BEA WebLogic Platform 8.1 for Service Oriented Architecture
BEA WebLogic Platform to Support Toyota's Major IT Initiatives; Multi-Year Agreement Includes Product Training and Support
SAN JOSE, Calif.-March 1, 2004- BEA Systems, Inc. (Nasdaq: BEAS), the world's leading application infrastructure software company, today announced that Toyota Financial Services, the finance and insurance brand for Toyota in the United States, has signed a multi-year enterprise license agreement that makes BEA WebLogic Platform™ 8.1 the standard application platform suite for Toyota Financial Services.
Toyota Financial Services is planning several major IT initiatives to support its customers, business partners, and employees. BEA WebLogic Platform will be the foundation on which Toyota builds a unified service oriented architecture (SOA). Toyota plans to leverage BEA WebLogic Workshop™, an integrated development environment, to build service-oriented Web applications, Web services, and portal applications. Additionally, BEA Services will provide product training and support.
"The goal of our IT strategy is to integrate systems more thoroughly, streamlining workflows and simplifying access to information," says Shaun Coyne, vice president and chief information officer, Toyota Financial Services. "By leveraging a SOA approach, we are anticipating significantly cutting development time, which can reduce overhead and help enable IT to be much more responsive to the needs of our customers and the business. BEA's application platform suite is designed to be a fundamental enabler of this strategy which is can help improve organizational productivity and deliver better customer service."
"The Toyota brand is synonymous with leadership and excellence," said Alfred Chuang, chairman and chief executive officer of BEA. "We're proud to have such a strong relationship with Toyota Financial Services. Today's agreement underscores our ongoing commitment to Toyota, and our position as a trusted provider of mission-critical infrastructures in the financial services industry. BEA WebLogic Platform 8.1 can accelerate development, simplify business processes, and help to maximize the return on investment on IT projects through faster time to value."
About BEA
BEA Systems, Inc. (Nasdaq: BEAS) is the world's leading application infrastructure software company, providing the enterprise software foundation for more than 15,000 customers around the world, including the majority of the Fortune Global 500. BEA and its WebLogic and Tuxedo brands are among the most trusted names in business.
Headquartered in San Jose, Calif., BEA has 75 offices in 34 countries and is on the Web at www.bea.com.
About Toyota Financial Services
TFS is the finance and insurance brand for Toyota in the U.S., offering retail auto financing and leasing through Toyota Motor Credit Corporation (TMCC) and extended service contracts through Toyota Motor Insurance Services (TMIS). Lexus Financial Services is the brand for financial products for Lexus dealers and customers.
TFS currently employs over 2,700 associates nationwide, and has managed assets totaling more than $42 billion. It is part of a worldwide network of comprehensive financial services offered by Toyota Financial Services Corporation, a wholly-owned subsidiary of Toyota Motor Corporation.