Business Objects Announces Data Mining Partnership With SPSS; Leading Decision Support Tools Vendor Partners with SPSS to Provide Customers with Link Between BusinessObjects and SPSS Statistical Analysis Software.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 SPSS A statistical package from SPSS, Inc., Chicago (www.spss.com) that runs on PCs, most mainframes and minis and is used extensively in marketing research. It provides over 50 statistical processes, including regression analysis, correlation and analysis of variance. Inc. (NASDAQ: SPSS), the leading supplier of desktop statistical analysis software. SPSS 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 SPSS' product SPSS from within BusinessObjects. This link is available immediately, and will be provided by Business Objects to customers at no charge. One-button integration with SPSS will now make it easier than ever for users to combine the benefits of data mining with the powerful query, reporting, and OLAP abilities 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. SPSS is the leading desktop statistical product for business intelligence including marketing and sales analysis, financial reporting and survey research. SPSS has earned a number of industry awards, including Windows Magazine "1995 Windows 100" award, PC Magazine Editor's Choice, and PC Week Analysts Choice awards. "We are pleased to be partnering with SPSS, and to offer our customers the ability to integrate SPSS with 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 SPSS for further statistical analysis." "SPSS has been a valuable tool used to uncover hidden relationships in information stored in databases," said Jack Noonan, president and CEO of SPSS. "Now with the advent of data warehousing See data warehouse. data warehousing - data warehouse , statistical software is becoming a critical component in data mining. SPSS's multidimensional mul·ti·di·men·sion·al adj. Of, relating to, or having several dimensions. mul  ti·di·men pivoting pivotingsaid of the exercise demanded of a horse when testing a limb for weakness or lameness; the horse is forced to turn very tightly so that it actually pivots on the limb being examined. view of analysis and integrated graphics Refers to having the video display circuitry of a computer contained directly on the motherboard rather than on a separate plug-in card (the display adapter). Integrated graphics typically share memory with the CPU (see shared video memory) and provide a more economical alternative to the makes it easy to turn enterprise data into useful decision making information. SPSS and BusinessObjects are both global leaders in providing business intelligence tools to the end-user with a strong world wide presence. We believe our combined strengths and natural synergies will provide a complete data mining solution for customers." About SPSS Inc. SPSS Inc. (NASDAQ:SPSS) is a multinational software products company that delivers statistical product and service solutions. The company's mission is to drive the widespread use of statistics. SPSS products and services are used worldwide in corporate, academic and government settings as well as in all types of research and data analysis. The company offers three product lines: SPSS, for business intelligence, which includes survey research and marketing and sales analysis; SYSTAT, for scientific research; and QI Analyst, for quality improvement in manufacturing, healthcare and service industries. SPSS also publishes several other analytical products. Headquartered in Chicago, SPSS has 25 offices and more than 60 distributors serving other countries around the world. Additional information is available on the World Wide Web at http://www.spss.com. SPSS generated over $60M in revenue in 1995, sustaining annual revenue growth of 20 percent. Driving this growth is the increased use of statistics as a critical business intelligence tool. 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. 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 or SPSS Inc. Larry Mathias, 800/525-4980 mathias@spss.com |
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