Actuate to Support Korea Telecom's Drive to Grow Market Share.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)--June 7, 2004 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, together with its Korean partner, Venturer Consulting, today announced that it has successfully completed a project to implement Actuate's Enterprise Reporting Application Platform for Korea Telecom KT (formerly, Korea Telecom, Korean: 한국통신, NYSE: KT) is South Korea's top integrated wired/wireless telecommunication service provider. KT has been Korea's leader in the development of the information & communications business for the last 25 years , Korea's leading telecommunications service provider A Telecommunications Service Provider or TSP is a type of Communications Service Provider that has traditionally provided telephone and similar services. This category includes ILECs, CLECs, and mobile wireless companies. . The first Enterprise Reporting Application implemented on the Actuate platform will allow Korea Telecom to equip its employees with enhanced customer intelligence -- providing them the ability to easily retrieve information, organize data in any required format, and make decisions based on these reports. "To take advantage of the growing telecommunications market, we are investing in technology to help increase our responsiveness to customers and optimize the technical performance of our communications facilities," says Daeyeon Noh, general manager, Korea Telecom. "Through the use of Actuate's robust Enterprise Reporting software, we have been able to increase customer service levels and ensure our business operations Business operations are those activities involved in the running of a business for the purpose of producing value for the stakeholders. Compare business processes. The outcome of business operations is the harvesting of value from assets are running in an efficient and cost effective manner. These enhancements have helped us maintain our competitive advantage and will ultimately put us in a stronger position to continue growth of our market share." Actuate, in collaboration with Venturer Consulting, deployed a scalable solution that included the development of a Web interface, extraction, transformation and load (ETL (Extract, Transform, Load) The functions performed when pulling data out of one database and placing it into another of a different type. ETL is used to migrate data, often from relational databases into decision support systems. ) processes and Enterprise Reporting Applications. The Actuate solution is working in conjunction with a Web-based NetIS system, acting as an interface for its Central Traffic Management Systems (CTMS CTMS Clinical Trial Management System CTMS California Traditional Music Society CTMS Container Terminal Management System CTMS Clinical Trials Management Software CTMS Carrier Transmission Measuring System CTMS Constrained Tree Migration Scheme ) and Regional Network Management System (RNMS RNMS Registered Nurse for the Mentally Subnormal (UK) RNMS Real Networks Messaging System ). The solution went live in March 2004 and is currently used by 600 users across six branch offices in Korea. "We are very pleased to add one of the world's top telecommunications companies to our distinguished list of Global 9000 customers," said David Runacres, managing director, Actuate Asia-Pacific. "Time and again, Actuate has proven that we have no equal when it comes to scalable Enterprise Reporting Applications and analysis solutions. Korea Telecom had a very demanding evaluation process. They looked at various solutions in the market and in the end Actuate was the clear winner. We look forward to further working with Venturer Consulting to help Korea Telecom to meet their expansion requirements and get to 100% user adoption across the enterprise." In the future, Korea Telecom aims to extend its use of Actuate to support dashboard reporting for top executives in the company, as well as integrate the solution with its in-house 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 ERP (Enterprise Resource Planning) An integrated information system that serves all departments within an enterprise. Evolving out of the manufacturing industry, ERP implies the use of packaged software rather than proprietary software written by or for one customer. systems. 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 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 2,800 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. Actuate is a registered trademark of Actuate Corporation. e.Reporting and e.Spreadsheet are trademarks of Actuate Corporation. Other company names and trademarks are trademarks of their respective companies. |
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