Arbor Software Announces Support for Walker Horizon; Walker's Suite of Analytic Applications Leverages the Performance, Scalability and Analytical Power of Arbor Essbase OLAP Server.NEW YORK--(BUSINESS WIRE)--May 27, 1998--Arbor Software Corporation (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :ARSW ARSW Annual Report of the Secretary of War ), a leading provider of enterprise OLAP (OnLine Analytical Processing) Decision support software that allows the user to quickly analyze information that has been summarized into multidimensional views and hierarchies. OLAP tools are used to perform trend analysis on sales and financial information. (online analytical processing Online Analytical Processing, or OLAP (IPA: /ˈoʊlæp/), is an approach to quickly provide answers to analytical queries that are multidimensional in nature. ) software for management reporting, analysis and planning applications, today announced support for Walker Horizon 3.0, Walker's next-generation analytic application suite. Walker Horizon provides customers with a flexible architecture for deploying new financial applications and accessing information to analyze and manage business performance. The suite includes three analytic application modules -- Planning and Forecasting, Financial Consolidation and Performance Analyzer -- which are built on Arbor Essbase OLAP Server as the strategic OLAP platform. Horizon integrates enterprise-wide data from a range of financial and operational applications to automate planning, forecasting, budgeting and consolidation. Horizon allows companies across all industries to monitor performance against traditional and industry specific 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. (KPIs) and also complements any application to support the performance management philosophy that best suits an organization's requirements. The new Walker Horizon modules leverage the powerful calculation capabilities, robust analytics and speed-of-thought query performance in Arbor Essbase to extend the power of OLAP analysis across the enterprise. These Horizon modules include: -- Planning and Forecasting: Automates the planning, forecasting and budgeting processes, to reduce planning cycles, facilitate continuous planning and enable the prediction of company performance; -- Financial Consolidation: Manages the collection, adjustment and reporting of consolidated results for enterprise-wide statutory, management and tax reporting; and -- Performance Analyzer: Delivers powerful reporting and analysis capabilities that leverage Arbor Essbase to analyze business performance from any perspective. Leading Insurance Company Achieves Success Using Walker Horizon and Arbor Essbase "With the Horizon Financial Consolidation solution, our finance group has increased the amount of time available to analyze our business performance ten-fold, from 5 percent to 50 percent," said Cynthia K. Swank, vice president and controller, Jefferson Pilot Life Insurance Company. "The most critical issues organizations face today is the speed with which they can deploy new 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. which enable them to adapt to the changing business environment," said Kirk Cruikshank, senior vice president of marketing at Arbor Software See Hyperion. . "Arbor Essbase and the Horizon analytic application suite provides a compelling platform which enables customers to deploy applications quickly, adapt to changing business needs, and provide timely and actionable information to the organization." "Arbor Essbase provides a strategic platform that can be used to build enterprise solutions that leverage the analytical power of OLAP," said Bruce Donaldson, vice president of marketing at Walker Interactive Systems. "We are pleased to deliver the powerful combination of Walker Horizon and Arbor Essbase to our customers, and further extend our customers' ability to make timely strategic decisions about their enterprise." About Walker Walker Interactive Systems, Inc. (NASDAQ:WALK), headquartered in San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden , is a leading provider of financial and analytic software solutions for enterprise and mid-market organizations in industries including oil and gas, transportation, manufacturing, retail, 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. and insurance. The company maintains domestic offices in Atlanta, Boston and Chicago, and international offices in the United Kingdom, Singapore and Australia. For more information, visit Walker's Web site at www.walker.com. About Arbor Software Arbor Software Corporation develops and markets enterprise OLAP software for management reporting, analysis and planning applications. Arbor's products are used by more than 1,600 corporations worldwide, spanning a broad range of industries, business applications enterprise data warehousing See data warehouse. data warehousing - data warehouse architectures. Arbor's customers include BankBoston, Los Angeles Times Los Angeles Times Morning daily newspaper. Established in 1881, it was purchased and incorporated in 1884 by Harrison Gray Otis (1837–1917) under The Times-Mirror Co. (the hyphen was later dropped from the name). , PEPSICO, Prudential and Sears. Arbor's products are sold direct, as well as through system integrators and resellers worldwide, including Comshare, Fujitsu, i2 Technologies, IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) , Lawson Software (Lawson Software, St. Paul, MN, www.lawson.com) A software company that specializes in ERP for vertical markets including health care, retail, public sector, professional and financial services. , Mitsubishi, PeopleSoft and Walker. Arbor's offices are located in the United States, Australia, Canada, France, Germany, Japan and the United Kingdom. Information on Arbor products and services can be found at http://www.arborsoft.com. Arbor can be reached via e-mail at info@arborsoft.com or by calling 1-800-858-1666 (US) or + 44 1344 664000 (International). -0- Note to Editors: Arbor and Essbase are registered trademarks of Arbor Software Corporation. Walker is a registered trademark and Horizon is a trademark of Walker Interactive Systems. Any other product or company names may be trademarks or registered trademarks of their respective owners. CONTACT: Arbor Software Joanna McMillan, 408/541-4035 jmcmillan@arborsoft.com or Applied Communications Charlotte Harrington, 650/375-8881 charrington@appliedcom.com |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion