Business Objects Announces Data Mining Partnership With ISoft; Leading Decision Support Tools Vendor Partners with ISoft to Provide Customers with Link Between BusinessObjects and AC2.CUPERTINO, Calif.--(BUSINESS WIRE)--May 20, 1996--Business Objects (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 : BOBJY), the world's leading provider of integrated query, reporting, and 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. (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. ) tools, today announced a partnership with ISoft. ISoft joins Business Objects Open Data Mining Initiative partner program, and Business Objects will provide mutual customers with a link between the companies' two products that will allow users to launch ISoft's product AC2 from within BusinessObjects. This link is available immediately, and will be provided by Business Objects to customers at no charge. One-button integration with ISoft will now make it easier than ever for users to combine the benefits of data mining with the powerful query, reporting, and OLAP capabilities of BusinessObjects. Data mining extends customers' decision support capabilities by helping users to discover hidden trends and relationships in their data and to make predictions using that information. ISoft's AC2 and Alice are high profile data mining products for exploring databases through interactive decision trees and creating queries, reports, charts, and even rules for predictive models. Since its first release in 1990, AC2 has emerged in the European market as a highly successful data mining tool on the Unix and PC platforms. Available in 1996, Alice introduces major breakthroughs in terms of user-friendliness for data mining on the PC. "We are pleased to be partnering with ISoft, and to offer our customers the ability to connect to AC2 through BusinessObjects," said Bernard Liautaud Bernard Liautaud is chairman and chief strategy officer of Business Objects. Liautaud cofounded Business Objects in 1990 and was chief executive officer until September 2005. , 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 Business Objects. "Our partnership will allow customers to take advantage of BusinessObjects for integrated query, reporting, and OLAP, and AC2 for further data mining functions such as decision trees and predictive modeling." "AC2 and Alice identify the pieces of information that are specific to the user's problem. Once the data has been located, using BusinessObjects will dramatically enhance AC2 and Alice users' ability to navigate (1) "Surfing the Web." To move from page to page on the Web. (2) To move through the menu structure in a software application. within the information," said Herve Perdrix, president and CEO of ISoft. "Combining our two products makes for a much more efficient decision making process, as we are now able to provide our customers with a comprehensive and integrated decision support software environment." About ISoft ISoft has been a major provider of data mining solutions for the past six years, providing leading edge tools and applications to the most demanding data owners throughout Europe. The company's product, AC2 and Alice enable all a variety of decision makers to easily locate key information within corporate databases and save time while improving decision accuracy. AC2's unique "knowledge modeling" feature translates complex information into easily understood graphical models In probability theory, statistics, and machine learning, a graphical model (GM) is a graph that represents independencies among random variables by a graph in which each node is a random variable, and the missing edges between the nodes represent conditional independencies. . Launching Alice in 1996, ISoft now makes the power of data mining available to every desktop PC user. ISoft's products are available from ISoft and a worldwide network of local resellers and VARs, including Bull. Other partners and users include Mitre Corporation (body) MITRE Corporation - A US federally funded R&D center, spun off in 1958 from the MIT Lincoln Laboratory (also an FFRDC). MITRE is a non-profit corporation chartered to do R&D in the public interest. (defense industry), Finaref-La Redoute (retail and mail order business), and the French Bank La Caisse d'Epargne This article is about the cycling team. For the French banking group, see Groupe Caisse d'Epargne. Caisse d'Epargne (UCI Team Code: GCE) is professional road bicycle racing team which participates in the UCI ProTour. . About Business Objects Business Objects (NASDAQ:BOBJY) is the world's leading supplier of integrated query, reporting, and OLAP tools. The company's 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. , BusinessObjects, provides mainstream business users with access to information stored in corporate databases, data warehouses, and packaged applications. The company pioneered the market for business-intelligent decision support tools in 1990 by introducing the first product to use a "semantic layer Semantic Layer The semantic layer is a business representation of corporate data that helps end users access data autonomously using common business terms. Developed and patented by Business Objects, it maps complex data into familiar business terms such as product, " to map complex database schemas The definition of a database. It defines the structure and content in each data element within the structure. Schemas are often designed with visual modeling tools that automatically create the SQL code necessary to define the table structures. See subschema and XML schema. to a business representation understandable by non-technical end users. Business Objects generated over $60M in revenue in 1995, concluding its fifth consecutive year of more than 100 percent revenue growth. BusinessObjects has been licensed in more than 50 countries to over 2,900 customer sites and 160,000 users worldwide. Business Objects partners with more than 350 leading third-party vendors. More information on Business Objects can be found on the World Wide Web at http://www.businessobjects.com. -0- Note to Editors: BusinessObjects is a trademark of Business Objects S.A. Other company and product names may be trademarks of the respective companies with which they are associated. -- Inquiries for Business Objects product information should call: 800/527-0580 or contact the company through the Web at http:\\www.businessobjects.com. -- See other releases today on Business Objects data mining partnerships CONTACT: Business Objects Tracy Eiler or Miriam Standish, 408/973-9300 teiler@busobj.com mstandis@busobj.com or Blanc & Otus Danielle Dawson, 415/512-0500 ddawson@bando.com |
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