Adaytum Signs $1.3 Million Contract With Fortune 500 Healthcare Insurance and Services Provider.Business/Technology Editors MINNEAPOLIS--(BUSINESS WIRE)--Feb. 25, 2002 Adaytum, a leading provider of enterprise business planning (EBP EBP Evidence Based Practice EBP Enterprise Buyer Professional EBP Education Business Partnership EBP European Business Programme EBP Efficiency Bandwidth Product EBP Electronic Billing and Payment EBP Extended Base Pointer EBP Error Back Propagation ) solutions, today announced it has secured a $1.3 million licensing and services contract with a Fortune 500 provider of healthcare insurance and services. Under the agreement, the healthcare insurance leader will initially deploy Adaytum's flagship Adaytum e.Planning EBP solution to more than 1,400 widely dispersed dis·perse v. dis·persed, dis·pers·ing, dis·pers·es v.tr. 1. a. To drive off or scatter in different directions: The police dispersed the crowd. b. contributors across 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. to streamline and improve the company's business planning processes. Subsequently, the firm anticipates leveraging Adaytum e.Planning as its analytical analytical, analytic pertaining to or emanating from analysis. analytical control control of confounding by analysis of the results of a trial or test. platform for a broader set of business planning and analysis services. The selection followed a detailed evaluation and proof-of-concept cycle. Adaytum was selected because it was the only vendor that could model the healthcare firm's complex organizational structure  This article has no lead section.To comply with Wikipedia's lead section guidelines, one should be written. and multi-process planning environment and scale up appropriately. Adaytum e.Planning is the industry's first and only proven scalable Web-based solution for rapid-value enterprise business planning. With modules for participation from analysts, contributors, executives, and administrators, it combines top-down planning and modeling with bottom-up data collection, sales forecasting Sales forecast A key input to a firm's financial planning process. External sales forecasts are based on historical experience, statistical analysis, and consideration of various macroeconomic factors. , budgeting, and workflow The automatic routing of documents to the users responsible for working on them. Workflow is concerned with providing the information required to support each step of the business cycle. . "Adaytum continues to secure major contracts for large-scale deployments among leading Fortune 500 companies," said Guy Haddleton, chief executive officer of Adaytum. "The reason for this success with larger corporations continues to be the unmatched scalability we can provide. No other company can offer the combination of rich EBP functionality with the broadly deployable, highly scalable architecture of Adaytum e.Planning -- which translates into significant and rapid value for our customers. We're delighted to play a role in this firm's proactive mission to plan its business more accurately and deliver greater healthcare value." ABOUT ADAYTUM Adaytum -- named to UPSIDE Upside The potential dollar amount by which the market or a stock could rise. Notes: This is basically an educated guess on how high a stock could go in the near future. See also: Bull, Downside magazine's "Hot 100 Private Companies" for 2001 -- provides Web-based enterprise business planning solutions that enable a single view of future operating performance. The choice of many of the Fortune 500, Adaytum is headquartered in the U.S., with offices in the U.K., the Netherlands, and Australia, and partners in more than 35 countries worldwide. For more information, visit www.adaytum.com. Adaytum and Adaytum e.Planning are trademarks or registered trademarks of Adaytum, Inc., in the United States and/or other countries. All other trademarks or registered trademarks are property of their respective holders. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion