Actuate Named ''Technology Vendor of the Year'' by KeyCorp; Actuate Wins Coveted Award for Second Consecutive Year.SOUTH SAN FRANCISCO South San Francisco, city (1990 pop. 54,312), San Mateo co., W Calif.; inc. 1908. South San Francisco has several industrial parks; its manufactures include medical supplies and equipment, foods, paint, paper products, consumer goods, and clothing. , Calif. -- Actuate Corporation (Nasdaq:ACTU ACTU Australian Council of Trade Unions ACTU AIDS Clinical Trials Unit (Washington University Medical Center, St. Louis, Missouri) ACTU Association of Catholic Trade Unionists ACTU Australian Capital Territory Union ), the world leader in Enterprise Reporting With the dramatic expansion of information technology, and the desire for increased competitiveness in corporations, there has been an increase in the use of computing power to produce unified reports which join different views of the enterprise in one place. Applications, today announced that it has won the KeyCorp (NYSE NYSE See: New York Stock Exchange :KEY) Enterprise Technology Development "Technology Vendor of the Year" award. For the second year in a row, Actuate has been recognized as the technology company that consistently delivers the highest value out of all suppliers to KeyCorp. KeyCorp has used Actuate to build over 20 applications that serve 16,000 users across all major lines of business and support areas. In addition, the company created a dedicated Actuate Center of Excellence, which has centralized cen·tral·ize v. cen·tral·ized, cen·tral·iz·ing, cen·tral·iz·es v.tr. 1. To draw into or toward a center; consolidate. 2. both the technology implementation and knowledge of the platform. By using Enterprise Reporting Applications built on the Actuate platform, KeyCorp has increased their level of customer service while realizing substantial cost savings. "We are proud that so many outstanding companies work closely with us to provide our clients with the finest technology products, service and solutions," said Stephen Yates, chief technology officer, KeyCorp. "We value the fact that Actuate has consistently set the achievement bar so high for the past two years and we look forward to continuing to build on our relationship in the future." The award evaluates a yearlong year·long adj. Lasting one year. Adj. 1. yearlong - lasting through a year; "attending yearlong courses" long - primarily temporal sense; being or indicating a relatively great or greater than average duration or process designed to encourage teamwork, partnership and long-standing relationships with KeyCorp's technology suppliers. Vendors are scored against several categories that include: Billing and Back Office, Problem Management and Repair, Contracts, Proposals and Verbal Commitments, Account Team Competency COMPETENCY, evidence. The legal fitness or ability of a witness to be heard on the trial of a cause. This term is also applied to written or other evidence which may be legally given on such trial, as, depositions, letters, account-books, and the like. 2. , Vendor Value Add, and Industry Specific Criteria. "This accomplishment underscores our close alignment with KeyCorp to deliver improved corporate performance for the second year in a row," said Pete Cittadini, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. and president of Actuate Corporation. "Actuate is honored to be chosen above all other strategic technology vendors, as the Key Enterprise Technology Development Vendor of the Year, and we look forward to a long standing relationship with KeyCorp." About KeyCorp Cleveland-based KeyCorp is one of the nation's largest bank-based financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. companies, with assets of approximately $91 billion. Key companies provide investment management, retail and commercial banking, consumer finance, and investment banking products and services to individuals and companies throughout the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and, for certain businesses, internationally. About Actuate Corporation Actuate Corporation is the world leader in Enterprise Reporting Applications that ensure 100% adoption by users. Actuate's Enterprise Reporting Application Platform is the foundation on which Global 9000 organizations (companies with annual revenues greater than $1 billion) and packaged application software vendors develop intuitive, Web portal-like reporting and analytic applications Analytic Applications are a type of business application software, used to measure and improve the performance of business operations. More specifically, Analytic Applications are a type of Business Intelligence solution. that empower 100% of users with decision-making information. These applications are deployed inside and outside the firewall to improve corporate performance across a range of business functions including financial management, sales, human resource management, and customer self-service. When tested against other business intelligence products, Actuate's Enterprise Reporting Application Platform has been proven to offer industry-leading scalability and the lowest Total Cost of Ownership. Actuate has over 3,000 customers globally in a range of industries including financial services, pharmaceuticals, insurance, and distribution services, as well as the government sector. Founded in 1993, Actuate has headquarters in South San Francisco, Calif., and has offices worldwide. Actuate is listed on the NASDAQ exchange under the symbol ACTU. For more information on Actuate, visit the company's Web site at www.actuate.com. Copyright(C) 2005 Actuate Corporation. All rights reserved. Actuate and the Actuate logo are registered trademarks of Actuate Corporation and/or its affiliates in the U.S. and certain other countries. All other brands, names or trademarks mentioned may be trademarks of their respective owners. |
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