Best Software Adds Powerful OLAP Analytic and Data Visualization Capabilities to New Best! Imperativ Active Planner.RESTON, Va.--(BUSINESS WIRE)--Oct. 5, 1999-- Signs 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 Partnership to Integrate Knosys' ProClarity into Strategic Planning Strategic planning is an organization's process of defining its strategy, or direction, and making decisions on allocating its resources to pursue this strategy, including its capital and people. and Budgeting Tool Best Software Inc. (Nasdaq:BEST), a leading provider of corporate resource management solutions, Tuesday announced a private-label OEM agreement with Knosys Inc., to integrate Knosys' ProClarity(TM) into its new Best! Imperativ Active Planner(TM) product. The integration of ProClarity, designed specifically for use with Microsoft(R) SQL Server An earlier relational DBMS from Sybase and from Microsoft. Sybase introduced SQL Server in 1988 for various Unix versions. In that same year, with help from IBM, Sybase created an OS/2 version that Microsoft licensed and branded as Microsoft SQL Server. (TM) 7.0 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. ) Services, will enable business users to visually analyze planning and budgeting data. "ProClarity's OLAP analytic and data visualization See information visualization. capabilities allow business intelligence to be effectively communicated to all levels in an organization who participate in financial planning Financial planning Evaluating the investing and financing options available to a firm. Planning includes attempting to make optimal decisions, projecting the consequences of these decisions for the firm in the form of a financial plan, and then comparing future performance against and analysis," said Dan Quigg, vice president of analytics products for Best Software. "Broader insight into financial and business information is key to optimizing the planning and analysis processes." Part of the Best! Imperativ Analytics(TM) portfolio, Best! Imperativ Active Planner is one of the industry's first offerings to integrate collaborative, process-oriented budgeting with modeling tools. The seamless integration An addition of a new application, routine or device that works smoothly with the existing system. It implies that the new feature or program can be installed and used without problems. Contrast with "transparent," which implies that there is no discernible change after installation. of the ProClarity OLAP technology will allow business users to spot trends and patterns hidden within complex financial data. "We're excited to partner with industry leaders such as Best Software who share our strategy of leveraging the power of Microsoft OLAP Services See OLAP and Microsoft SQL Server OLAP Services. with SQL Server 7.0," said Bob Lokken, president and 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 Knosys. "Best Software customers using Microsoft OLAP Services as their business intelligence infrastructure will now enjoy an unparalleled level of data analysis flexibility." "Knosys' open ActiveX(TM)/COM-based platform allows organizations, like Best Software, to integrate powerful OLAP analytical capabilities into their line-of-business applications," commented Andrew Hoover, Microsoft group industry manager for Business Intelligence and Data Warehousing See data warehouse. data warehousing - data warehouse . "This partnership is an excellent example of technology leaders delivering the power of Microsoft OLAP Services to meet the analysis needs of business users." The product launch and Knosys agreement are an outgrowth of Best Software's five-stage Planning Optimization Model(TM), conceived to help financial managers map their organizational planning against available budgeting and planning product solutions. The model suggests that, while traditional budgeting is a useful starting point Noun 1. starting point - earliest limiting point terminus a quo commencement, get-go, offset, outset, showtime, starting time, beginning, start, kickoff, first - the time at which something is supposed to begin; "they got an early start"; "she knew from the for small companies, the iterative nature of budgeting and planning can become a quagmire as an organization grows and adopts more complex business processes. The key is knowing when the organization is ready to move into the next phase of strategic planning, and the Best Software model provides such guidelines for self-analysis. According to Quigg, ProClarity is a best-of-class solution for viewing complex multidimensional information created by applications like Best! Imperativ Active Planner. "ProClarity's functionality complements the existing modeling capabilities in Active Planner," said Quigg. "Together, these products provide a robust solution to the rapidly growing market demand for OLAP-based analytical applications that can help link the budgeting process to the corporate strategic plan. In short, Active Planner is the catalyst to help companies create this synergy as they move upward through the Planning Optimization lifecycle." About Knosys Inc. Founded in 1995, Knosys provides the foundation for building analytical applications around Microsoft OLAP Services with SQL Server 7.0. Knosys ProClarity is one product that delivers the best-in-class OLAP client out of the box, and a completely open, flexible and extensible platform for the development of custom analytical applications. Knosys is a Microsoft Certified Solution Provider and a Microsoft Data Warehousing Alliance Partner delivering BackOffice(R) certified technology. Knosys is a privately held company privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. with headquarters in Boise, Idaho. For more information on the ProClarity family of products contact Knosys at 208/344-1630, visit the company's Web site at www.knosysinc.com or via e-mail at sales@knosysinc.com. About Best Software Best Software, with more than 50,000 customers worldwide and offices in the United States, Canada and Europe, is a leading provider of corporate resource management solutions which help organizations to better manage their people, assets and planning. Its scalable, cost-effective solutions complement core financial management systems and support the full spectrum of Microsoft platforms, including Windows(R) 95, Windows(R) 98, Windows(R) NT and BackOffice(R). For further information, call 800/368-2499, send an e-mail to vacustserve@bestsoftware.com or access the company's Web site at www.bestsoftware.com. Note to Editors: The Best logo and Best Software are registered trademarks, and Best! Imperativ Analytics and Best! Imperativ Active Planner are trademarks of Best Software Inc. ProClarity is a trademark of Knosys Inc. Microsoft, Windows, Windows NT and BackOffice are registered trademarks of Microsoft Corp. SQL Server and ActiveX are trademarks of Microsoft Corp. Inc. All other trademarks are the property of their respective holders. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion