Business Engine Teams with Cognos to Deliver Business Intelligence Tailored to IT and Engineering Organizations; Global 2000 Companies Gain Greater Insight into Project-based Portfolios with Advanced Metrics, Dashboards and Reporting.

SAN FRANCISCO -- Business Engine has announced the availability of BEN Business Intelligence(TM) (BI). This new product provides organizations with intelligent insight into all aspects of the project portfolio, be it analyzing a candidate portfolio, reporting on program financials or dissecting the details of an individual project. Introduced and debuted at Business Engine's Global User Summit, BEN Business Intelligence offers global organizations the power to rapidly and accurately analyze the information required to "Run the Business of IT".

BEN Business Intelligence embeds industry-leading business intelligence technology from Cognos, including Cognos ReportNet(TM) and Cognos PowerPlay(R), to provide IT and business users with powerful reporting and OLAP analysis through easy access to timely and accurate information. "Business Engine recognizes the strategic importance of business intelligence and corporate performance management in helping enterprises gain greater value from their IT investments, align business goals and ultimately deliver solid results," said Ted Jandl, Area Vice President of Strategic Partners at Cognos. "Coupling Cognos with Business Engine's leading Project Portfolio Management solution gives savvy corporate leaders the ability to make informed decisions about their business and technology investment portfolio while helping to drive enterprise agility in the face of a shifting economic landscape."

"This new solution gets senior technology, business and finance executives on the same page," said Mark Strauch, CEO of Business Engine. "With BEN BI we can provide organizations with a graphically appealing view into business and IT performance based on a single, fact-based version of the truth. This is fundamental to running the business of IT or running the business of any project-based organization."

When analyzing the details of an individual project or a portfolio, users now have the information they need to make informed and more effective business decisions. Key capabilities include drag-and-drop authoring incorporating data, text, charts, graphs, and images; automatic calculations; prompts and toolbar commands allowing report consumers to easily configure standard reports; and personalized report bursting to multiple locations and in multiple formats. These easy-to-use capabilities sit on top of a metadata layer that presents a business-oriented view of data to the user that simplifies field selection.

By incorporating BEN Business Intelligence into the Business Engine Network(TM) (BEN(TM)), the company's flagship application, Business Engine maintains its role as the most visionary leader of enterprise Project Portfolio Management solutions in the market, enabling large commercial and government organizations to define, select, fund, resource and execute projects so they deliver optimal business benefit and effectively govern the entire process.

Price & Availability

BEN Business Intelligence was made available at the Business Engine Global User Summit in September 2005. It is available directly from Business Engine in the US and Europe, the Beacon Group in Australia and New Zealand and from all Business Engine's Global Channel Alliance Partners. The BEN Business Intelligence is available as a hosted solution for rapid deployment, or under a perpetual license. Pricing is based on the number and type of users and is available upon request.

About Business Engine

Established in 1985, Business Engine is a leading provider of enterprise software for 'running the business of IT'. The Business Engine Network allows global IT organizations to manage IT strategy, financial governance and operational execution within a single Web-based solution, creating enterprise transparency that dramatically improves IT investment decisions, business alignment and delivery results. Business Engine serves over 80,000 end-users at global organizations including Boeing, Deutsche Bank, Tenneco, Merrill Lynch, Pfizer, Siemens and Tesco Stores, plc. Visit www.businessengine.com for more information.