Selectica Powers BMW North America Virtual Center
12 April 1999
Selectica Powers BMW North America Virtual Center With Custom Configuration CapabilitiesWeb-Centric ACE Internet Selling System Software Lets BMW Customers Choose Features of New Car Online; Dealers Reap Benefits of Highly-Qualified Leads, Shortened Sales Cycles SAN JOSE, Calif., April 12 -- Selectica,(TM) Inc. today announced that its market-leading Selectica ACE(TM), the industry's leading Internet selling system (ISS) application, is powering BMW North America's Virtual Center (build.bmwusa.com). Now consumers visiting the BMW NA Virtual Center Web site can select, fully equip, and receive an estimate -- based on the manufacturer's standard retail price (MSRP) -- for the new BMW of their dreams. Buyers can print out this estimate and take it to a conveniently located dealer to complete the purchase. Currently the site sustains more than one million hits every two weeks with no degradation in performance. The compelling BMW Web experience recently led research firm, Polk Co., to report that 48.5 percent of BMW buyers shop via the Internet, the highest percentage for any auto maker. The BMW Virtual Center demonstrates the ability to creatively leverage the Web to build satisfaction and loyalty among both customers and the automotive dealers who support them. The interactive and highly intuitive Selectica ACE application suite allows consumers to choose the car they want in the convenient and relaxing environment of their home or office. Meanwhile, BMW delivers to its dealers highly qualified leads, who have already defined the cars they want for a specific price, minimizing the dealers' sales cycles. Today, BMW forwards customer information to local dealers, so that they can send follow-up mailings to Web visitors. In the next stage of deployment, scheduled for the first half of 1999, the BMW Virtual Center will be able to direct customers in real time to the nearest dealer who has their car choice in stock. The BMW Virtual Center, which runs on Hewlett-Packard NetServers, can be accessed using any standard HTML browser. Consumers simply click through an easy-to-use interface to choose the car features that match their individual needs. As they configure the car with choices about the interior, exterior, wheels, packages and other options, consumers see a running price total. On the back end, ACE is integrated with BMW's ERP system running on an Oracle database system to provide BMW with dynamic updates to inventory and pricing needs for the dealer network. This enables BMW centers to realize cost efficiencies through reduced inventories and streamlined operations. "The BMW Virtual Center is an e-commerce solution that offers a win-win proposition both for customers and dealers. Customers are able to choose and configure new cars at their convenience in a low-pressure environment, while dealers get pre-qualified leads, reduced inventories and shorter sales cycles," said Jim McDowell, vice president of marketing at BMW North America. "Selectica's ACE gives us the robust functionality, back-office integration and low cost of ownership we need to deliver an innovative Web solution to our extensive network of BMW centers and customers in North America. Additionally, Selectica's solution has offered us the fastest time to deployment, enabling us to roll-out the first phase of our Web site in 16 weeks." "The BMW Virtual Center is a cornerstone example of the extraordinary benefits that an Internet selling system can provide in bringing customers closer to both a business and the dealer network that supports them," said Raj Jaswa, president and CEO at Selectica. "ACE offers BMW the robust Web-centric functionality and scalability required to provide thousands of online BMW shoppers every week with easy access and fast performance. Furthermore, the ability to make updates to the application running live on the Internet without bringing down any servers is critical to ensuring the 24-hour, 7-day availability that BMW is committed to providing its customers." ACE Product Suite The ACE Product Suite is the industry's only Web-centric, Internet selling system software available today. Completely written in Java, it allows any user with a standard HTML browser to access the software. Key features of the ACE Product Suite include: * Highly interactive graphical user interface. Featuring Selectica's unique, dynamically generated HTML capability, the GUI gives users a powerful and intuitive environment for configuring and pricing products. * Advanced multi-threaded, constraint-based rules engine capable of executing thousands of constraints in sub-second response times. * Centralized database for consistent, up-to-the-moment pricing and inventory information. * Direct integration with back-office systems. About BMW North America BMW entered the North American market in 1975. Since then, the company has grown to include marketing, sales and financial service organizations in the United States and Canada; a South Carolina manufacturing operation; a design firm in California; and various other operations throughout the U.S. and Canada. BMW is represented in North America through a network of more than 375 automobile and 190 motorcycle retailers in the United States and Canada. BMW (US) Holding Corp., the brand's North American headquarters, is located in Woodcliff Lake, New Jersey. About Selectica Selectica, Inc. develops and markets the industry's leading Internet selling system software, which empowers customers to assess, configure and purchase products online using standard Web browsers. The 100% Java, open architecture of Selectica's ACE product suite makes it fast and simple for businesses to create, maintain and deploy e-commerce systems on their Web sites, and it inter-operates with existing legacy applications and environments to enable true build-to-order systems. Today, key customers include BMW, ClubComputer, Fujitsu PC, Hewlett-Packard, and Olicom. Selectica is a privately held company headquartered in San Jose, California. The company's Web site is located at http://www.selectica.com. NOTE: Selectica and ACE are trademarks of Selectica, Inc. BMW is a trademark of BMW. All other product and company names may be trademarks of the companies with which they are associated.