Brio Technology Launches UK Subsidiary as it Rolls Out its European Strategy.PALO ALTO Palo Alto, city, California Palo Alto (păl`ō ăl`tō), city (1990 pop. 55,900), Santa Clara co., W Calif.; inc. 1894. Although primarily residential, Palo Alto has aerospace, electronics, and advanced research industries. , Calif.--(BUSINESS WIRE)--June 3, 1996--Brio Technology, Inc., the leading US developer of data warehouse query tools and desktop decision support solutions, today announced the launch of a wholly owned UK subsidiary, Brio Technology Brio Technology was a San Francisco Bay area software company cofounded in 1984 by Yorgen Edholm and Katherine Glassey. It made money early on by doing contract work for Metaphor Corporation and performing contract programming. Ltd. This is the first step in Brio's European strategy for the establishment of direct operations overseas. The opening of Brio Technology Ltd. follows massive expansion for Brio (Brio Technology, Palo Alto, CA, www.brio.com) A software company founded in 1989 and acquired by Hyperion Solutions Corporation in 2003 that specialized in enterprise analysis and reporting programs that run on several platforms. in 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. due to the success of its flagship product A primary product of a company, which is typically why the company was founded and/or what made it well known. For example, MS-DOS, Windows and the Microsoft Office suite have been flagship products of Microsoft. CorelDRAW is a flagship product of Corel Corporation. , BrioQuery, and the huge growth of the data warehousing See data warehouse. data warehousing - data warehouse market in general. The surge in demand for Data Warehouse/OLAP systems is expected to grow from around 400,000 corporate users today, to upwards of 10 million by the year 2000. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. META Group, an industry analyst firm, this market represents one of the largest, if not the largest, IT opportunities. The launch of a UK subsidiary is another step in Brio Technology's international marketing strategy, which already includes localized language versions of BrioQuery Enterprise in French, German and Italian. Indeed, 20 percent of Brio's revenue is already generated outside the US through its existing distributor network. Brio Technology Ltd. will sell Brio's products direct in the UK, building on a strong UK customer base, with clients including Mercury Communications, Hoffman La Roche, Motorola and British Petroleum. The UK operation will also be the base for Brio's European operations, which will also oversee the distribution of Brio products in eight other European countries, including France, Germany and Italy. Brio Technology Ltd. already has a working staff of eight people covering sales, marketing, technical support, consulting and training operations, and is based in Old Isleworth, Middlesex. Nick Halsey, Brio Technology's vice president of international sales and business development commented, "This is a very exciting time for Brio. The opening of a direct UK operation reflects a tremendous market response to the introduction of international versions of BrioQuery last year and the success Brio has been experiencing in the United States for some time now. Through the UK operation, Brio will be able to deliver the kind of high value data warehousing solution that customers expect, while developing a base for future growth. This is the first of many direct operations for Brio outside of the US." Brio Technology's flagship product, BrioQuery Enterprise, is a single, integrated product which delivers advanced query, desktop 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. and graphical reporting for the business user. It represents a breakthrough in data warehouse tool technology in four key areas: 1. Anytime, Anywhere Analysis -- the ability to perform analysis off-line, enabled by a desktop OLAP engine. 2. Powerful graphical reporting capabilities which enables the user to create multi-dimensional views of the data retrieved, and to manipulate them interactively. 3. Open Metadata Interpreter which allows BrioQuery Enterprise to read existing metadata, thus eliminating dependence on proprietary metadata. 4. Available in a 32-bit native version for Windows95 and Windows NT, BrioQuery Enterprise is also available for Windows 3.X, Power Mac, MacOS and UNIX UNIX Operating system for digital computers, developed by Ken Thompson of Bell Laboratories in 1969. It was initially designed for a single user (the name was a pun on the earlier operating system Multics). Motif (Sun OS, Sun Solaris, 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) AIX (Advanced Interactive eXecutive) IBM's Unix-based operating system which runs on its Intellistation workstations and pSeries, p5, iSeries and i5 server families. ). About Brio Technology Based in Palo Alto, Calif., Brio Technology, Inc. provides desktop decision support solutions for managers and sales, marketing and technical professionals who need to make knowledge-based business decisions. The company's products are based on a patented desktop OLAP architecture that is open, scalable and robust and requires virtually no change to existing IT platforms. A technology innovator, Brio Technology pioneered both the first graphical `drag and drop' query tool and the first desktop OLAP product. The company's products and services are sold directly and through a world-wide network of distributors, system integrators and VARs. Sales offices are located in Atlanta, Boston, Chicago, Cincinnati, Indianapolis, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , Orlando, Palo Alto, Raleigh, Washington, D.C. and the United Kingdom. Brio Technology is a privately held, venture-backed corporation whose investors include Kleiner Perkins Caufield & Byers and Novus Ventures. CONTACT: Brio Technology, Inc. Nick Halsey, 415/856-8000 or The Horn Group Bonnie Snow or Bill Cox, 415/579-6400 bonnie@horngroup.com billc@horngroup.com |
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