D2K Inc, the San Jose, California-based software house best known for its Tapestry data transformation and migration tool, has a new CEO. William Seagrave a 20-year industry veteran who has worked for Intel Corp and Oracle Corp, will lead D2K in what it calls its charge into the emerging ERP data warehousing market. Seagrave, most recently VP of application sales at Oracle, replaces president and CEO Edward Young, who has left to found a new company. Young was one of the original founders of D2K (the name stands for Data to Knowledge) back in May 1996. He came to the company from Prism Solutions Inc, one of the earliest of the data warehousing companies. Young is said to be more interested in working at start-up companies, whereas D2K – still only two- and-a-half years old – now sees itself as a mature company, with a solid set of customers. It says it’s moving into a growth stage where a CEO with a strong background in operational excellence is needed. Last year, the company hired Dan Dickson as chief operating officer to focus on ERP sales and capitalize on short- term revenue opportunities (CI No 3,493), in anticipation of a rapid acceleration of growth. Young isn’t offering any details about his new company, other than to say it does not compete in the data warehouse space. New CEO Seagrave says the original vision and product set created by D2K is right on target. Tapestry integrates OLAP data analysis tools with ERP packages. Version 2.1 of the product was launched last May, and the company announced partnerships with OLAP vendors such as Influence Software Inc , Infospace Inc, Microstrategy Inc and Seagate Software Inc. Tapestry opens up access to large-scale ERP applications such as SAP AG’s R3 and Peoplesoft, with more under development. It can also access MVS mainframe and relational sources.
