Actuate and Acorn Systems Announce Strategic OEM Agreement; Acorn Systems to Leverage Actuate Information Delivery Solution to Help Companies Optimize Their Profitability.Business Editors/High-Tech Writers 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.--(BUSINESS WIRE)--Dec. 19, 2001 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 Information Delivery market leader, today announced a strategic OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and agreement with Acorn Systems, the leader in profit management solutions. Acorn has embedded Actuate e.Reporting Suite 5 into version 3 of its Profit Analyzer application, which was announced yesterday to give companies increased visibility into their customer, product, vendor and order profitability. The Acorn Profit Analyzer is a complete solution to help companies implement profit management. By combining speed and accuracy with simplicity, Acorn Profit Analyzer provides detailed operating profitability analysis of specific customers, products, orders, and vendors. As a seamlessly integrated part of the application, Actuate delivers summary and drill down reports to all levels of a company. With role-based security, employees are empowered with the information they need to make the most profitable decisions. With Actuate a part of the Profit Analyzer application, companies are able to increase profitability and decrease costs. "Profit Analyzer helps companies measure the profitability of their business decisions and gives them the knowledge to make operational decisions," said Leland Putterman, 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. of Acorn Systems. "With the Actuate Information Delivery solution now part of the Profit Analyzer application, we can deliver reports in a fast and flexible Web-based environment. We looked at other competitve solutions and none were able to offer all that Actuate can." Actuate has over 200 OEM customers whose products range from applications for electronic marketplaces to customer relationship management to workforce optimization. These Business leaders and packaged software See software package. vendors choose Actuate because its software represents the latest in Information Delivery technology and its e.Services group enables easy integration with existing application infrastructure, thus speeding time-to-market for new products. Further, Actuate's commitment to industry standards including Java, LDAP (Lightweight Directory Access Protocol) A protocol used to access a directory listing. LDAP support is implemented in Web browsers and e-mail programs, which can query an LDAP-compliant directory. and XML XML in full Extensible Markup Language. Markup language developed to be a simplified and more structural version of SGML. It incorporates features of HTML (e.g., hypertext linking), but is designed to overcome some of HTML's limitations. ensures its product will be compatible with today's most prevalent e-Business applications. "The reporting capabilities of Profit Analyzer v3.0 help us slice and dice Refers to rearranging data so that it can be viewed from different perspectives. The term is typically used with OLAP databases that present information to the user in the form of multidimensional cubes similar to a 3D spreadsheet. See OLAP. , analyze and then use the data to pinpoint areas of our business that need further evaluation and attention to make them more profitable," said Kurt Anderson, director of Operations and IT at J&B Wholesale. "Now when we are striking deals, we are coming from a position of confidence in our numbers. This makes a huge difference in our ability to know when to say when. I can comfortably say we had an ROI (Return On Investment) The monetary benefits derived from having spent money on developing or revising a system. In the IT world, there are more ways to compute ROI than Carter has liver pills (and for those of you who never heard of that expression, it means a lot). the minute we signed the purchase agreement." "Acorn Systems' Profit Analyzer application enables companies to utilize sales, service and product cost data to create relevant information and act decisively," said John Bow, vice president of the Actuate e.Business Application Partners business unit. "The ability to determine the true profitability of their customers, products and services will allow these companies to return more value to their shareholders. We are pleased that Acorn Systems has chosen the Actuate Information Delivery platform to deliver their profitability reports in real-time as part of the Profit Analyzer solution." About Acorn Systems, Inc. Founded in 1996, Acorn Systems is the leader in profit management and optimization solutions. Acorn Systems helps clients measure, analyze, predict, and then optimize Net Operating Profits at any level of granularity desired including products, vendors, customers, even individual orders, in order to maximize shareholder value. Acorn's clients come from many industries including Metals, Foods, Electronics, Paper, Healthcare, Industrials, Chemicals, and others. For more information, visit www.acornsys.com, or call 1-800-98ACORN. About Actuate Corporation Actuate Corporation is the leading provider of Information Delivery solutions for Global 2000 companies and packaged application software vendors. Actuate provides the most effective platform for retrieving business information from corporate databases and delivering interactive Web pages and Excel spreadsheets to customers, partners and employees. Its infrastructure software is the foundation for applications such as client reporting, key performance indicators Key Performance Indicators (KPI) are financial and non-financial metrics used to quantify objectives to reflect strategic performance of an organization. KPIs are used in Business Intelligence to assess the present state of the business and to prescribe a course of action. , CRM (Customer Relationship Management) An integrated information system that is used to plan, schedule and control the presales and postsales activities in an organization. , and e-Procurement. Actuate content is seamlessly integrated into corporate Web sites and packaged applications and can be printed and used to exchange data with other applications. By instantly delivering personalized content to 100,000s of end users -- without downloads -- companies using Actuate can increase revenue, reduce costs and improve customer service. Actuate has over 1,500 direct customers and over 200 OEM partners including AOL (A division of Time Warner, Inc., New York, NY, www.aol.com) The world's largest online information service with access to the Internet, e-mail, chat rooms and a variety of databases and services. Time Warner, American Express American Express (NYSE: AXP), sometimes known as "AmEx" or "Amex", is a diversified global financial services company, headquartered in New York City. The company is best known for its credit card, charge card and traveler's cheque businesses. , AT&T, Bank of America
Bank of America (NYSE: BAC TYO: 8648 ) is the largest commercial bank in the United States in terms of deposits, and the largest company of its kind in the world. , BMC Software, JPMorgan Chase, Deutsche Bank, i2 Technologies, Lucent Technologies, Siebel Systems and The Walt Disney Company. Founded in 1993, Actuate has headquarters in South San Francisco, Calif., and has offices worldwide. For more information on Actuate, visit the company's Web site at www.actuate.com. Note to Editors: Actuate is a registered trademark of Actuate Corporation. e.Reporting is a trademark of Actuate Corporation. Other company names and trademarks are trademarks of their respective companies. |
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