Business Objects Announces Open Financial Applications Initiative.SAN JOSE San Jose, city, United States San Jose (sănəzā`, săn hōzā`), city (1990 pop. 782,248), seat of Santa Clara co., W central Calif.; founded 1777, inc. 1850. , Calif.--(BUSINESS WIRE)--April 16, 2003 Global Partner Program to Offer Customers a Choice When Implementing Enterprise Performance Management Solutions Business Objects (Nasdaq:BOBJ BOBJ Business Objects SA ), a leading provider of business intelligence (BI) solutions, today announced the Business Objects Open Financial Applications Initiative. This new global partner program from Business Objects was created to offer customers an open environment for incorporating data from the leading enterprise, financial, and performance management applications vendors into enterprise-wide performance management solutions. With this initiative, customers have the flexibility to choose the best-of-breed budgeting, consolidation, 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 performance management technologies that best suit their requirements for deploying a robust EPM EPM equine protozoal myeloencephalitis. solution. The Business Objects Open Financial Applications Initiative encompasses technology integration and marketing activities with each of the program participants. The initial members of the program include industry leading enterprise application vendors, PeopleSoft (Nasdaq:PSFT PSFT PeopleSoft (stock symbol) PSFT Progressive Saturation Fourier Transform PSFT Prosoft-Technology, Inc ) and Hyperion (Nasdaq:HYSL), and best-of-breed financial and performance management application providers including ALG ALG antilymphocyte globulin. ALG antilymphocyte globulin. ALG Antilymphocyte globulin, see there Software, Cartesis, Closedloop Solutions, Comshare (Nasdaq:CSRE CSRE Comparative Studies in Race and Ethnicity CSRE Closed System Respirator Evaluator ), Longview Solutions Longview is a Canadian software company with products for performance management including planning, consolidation, forecasting, budgeting, reporting and tax provisioning. In September of 2006 Longview acquired UK based Runservicenet in an effort to move towards an SOA architecture. , OutlookSoft, and SRC (SouRCe) Contrast with DST, which is an abbreviation of "destination." Software. Business Objects recognizes that many companies have existing or planned investments with the leading vendors in the financial applications and performance management market. As such, this program will help ensure that customers can utilize a best-of-breed approach - leveraging existing investments in financial and enterprise applications, while setting a strategic plan to improve and optimize performance across every department in the organization. This approach to EPM enables organizations to drive performance management initiatives with maximum flexibility to achieve a rapid return on their investments. "The launch of the Business Objects Open Financial Applications Initiative has expanded our ability to offer customers a complete solution for managing the performance of their business," 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. , chairman 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. "Unlike our competition, Business Objects remains laser focused on business intelligence and has partnered with the leading financial applications and performance management vendors to provide our customers with a complete EPM solution. By providing customers with an open EPM solution, we enable companies to choose the best-of-breed budgeting, consolidation, financial planning, and performance management applications that best suit their business needs and technical requirements." Utilizing the Business Objects business intelligence platform as part of an overall enterprise performance management solution, companies gain real-time insights into business performance, web-based reporting and alerts, and the power to easily drill into corporate data. In addition, Business Objects offers a suite of enterprise analytic applications Analytic Applications are a type of business application software, used to measure and improve the performance of business operations. More specifically, Analytic Applications are a type of Business Intelligence solution. and an application framework to provide deep analytic content with the ability to customize applications to the needs of any organization. Leveraging solutions from Business Objects and its partners gives companies the power to manage and improve organizational performance Organizational performance comprises the actual output or results of an organization as measured against its intended outputs (or goals and objectives). Specialists in many fields are concerned with organizational performance including strategic planners, operations, across all areas of their business. Initial members of the Business Objects Financial Applications Initiative are: ALG Software "Customers will applaud this initiative and ALG Software is delighted to participate", said Mike Sherratt, CEO of ALG Software. "Many of our clients output reports from our applications into Business Objects business intelligence tools already, but it goes deeper than that. This program will enable customers to leverage our expertise in cost and profitability analytics, as well as dynamic planning “Dynamic Planning” redirects here. For the AI technique, see Dynamic planning. Dynamic Planning Inc. (ダイナミック企画株式会社) is a Licensing company and anime studio owned by manga artist and budgeting through the Business Objects business intelligence platform. It's certainly a win-win situation for those enterprises looking to roll out performance management suites." ALG Software (Armstrong Laing Group) is a global provider of Enterprise Performance Optimization solutions. Its analytical software Analytical software is software that is designed specifically for and development of a particular environment or object. works across the organization to manage critical business functions and enable more effective decision-making. The ALG product suite supports predictive planning and budgeting , cost and profitability analysis, performance management and , process simulation For more information, go to www.algsoftware.com. Cartesis "Today's leading companies require the ability to go beyond conventional financial information and reporting methods, and convey a detailed picture of business execution supported by financial and non-financial value throughout the organization," said Paul Giardina, executive vice president of marketing for Cartesis. "The combination of Cartesis Magnitude with a leading BI platform like that of Business Objects, gives companies an unparalleled view of their business." Cartesis is a leading worldwide supplier of financial analytic applications for Strategic Financial Management. Cartesis offers truly integrated applications on a powerful analytic platform. Cartesis products give Global 2000 companies the analytic capacity In complex analysis, the analytic capacity of a compact subset K of the complex plane is a number that denotes "how big" a bounded analytic function from  can become. and the flexibility they need to assess the rapid changes in their market places. For more information, please visit www.cartesis.com. Closedloop Solutions "Business Objects is the world's leading platform for business intelligence," said Doug Barton, vice president at Closedloop. "By opening up their architecture for easy connection to the leading financial solutions, Business Objects has become the platform of choice for enterprise financial performance management, and they have underscored their relevance to the office of the CFO See Chief Financial Officer. . Closedloop, the only financial planning and forecasting solution built on a pure Internet architecture and powered by relational database relational database Database in which all data are represented in tabular form. The description of a particular entity is provided by the set of its attribute values, stored as one row or record of the table, called a tuple. technology, is pleased to be a member of this important program and a partner of Business Objects." Closedloop Solutions is the creator of the Dynamic Financial Control platform, a breakthrough in collaborative, forward-looking financial management solutions that improve managerial visibility and control of business enterprises. Closedloop's next generation platform offers a complete suite of revenue, expense, headcount, capital planning, budgeting and forecasting software that complement and enhance existing enterprise investments in business intelligence systems. For additional information, please visit http://www.closedloop.com/businessobjects/. Comshare "Comshare is pleased to join Business Objects in this strategic relationship to make our corporate performance management solutions and technology expertise available to even more enterprises that are looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. an integrated solution to meet their 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. , budgeting, reporting, consolidation, and analysis requirements," said Brian Hartlen, senior vice president of Comshare. "With Comshare's open architecture, Comshare MPC (1) (Mobile PC) A handheld or laptop computer. See handheld computer, laptop computer and Ultra-Mobile PC. (2) (MultiPath Channel) See multipath. is easily deployed on the Business Objects BI platform to give companies a flexible performance management solution." Comshare, Incorporated is a leading provider of software that helps companies implement and execute strategy. Comshare's application for corporate performance management encompasses planning, budgeting, forecasting, financial consolidation, management reporting, and analysis. For more information on Comshare, call 1-800/922-7979, send email to info@comshare.com, or visit Comshare's website at www.comshare.com. Hyperion "In keeping with our open platform strategy, Hyperion is pleased to extend our current partnership so that customers can realize greater value from their existing Business Objects software investments," said Bill Gaylord, vice president of market development at Hyperion. "This initiative allows customers to take advantage of the market leading financial applications that are part of our Business Performance Management suite." Hyperion is a global leader in Business Performance Management software that enables companies to translate strategies into plans, monitor execution and provide insight to improve financial and operational performance. More than 6,000 customers use Hyperion's flagship Business Performance Management suite of packaged and tailored applications worldwide. Please visit www.Hyperion.com for more information. Longview Solutions "The strategic alliance between Business Objects and Longview Solutions is an exciting development for both companies," said Matt Townley, president and CEO of Longview Solutions. "By joining our two market-leading technologies, we further our vision of 'igniting the power of Finance' with the best-in-class solution." Longview Solutions makes Corporate Performance Management applications for large global companies. The company's proven global solution incorporates technology, consulting, implementation, and education. Its software, Khalix(R) by Longview Solutions, is an integrated application that supports the diverse needs of the CFO, ranging from Management Reporting to Planning, Consolidation, and Analysis. Please visit www.longview.com for additional information. OutlookSoft "OutlookSoft is pleased to become a part of the Business Objects Open Financial Applications Initiative, " commented Ken Lavoie, vice president of business development at OutlookSoft. "We believe this new partnership will provide future customers with a powerful solution combining BI expertise from Business Object with OutlookSoft's core strengths in strategic business planning and budgeting, forecasting and modeling, financial consolidation, reporting and analysis, as well as performance management. Customers will now have the ability to select the business performance solution that best solves their organizational challenges, creating an environment of enhanced productivity, heightened accountability, and improved transparency across the extended enterprise." OutlookSoft Corporation is a leading provider of business performance management (BPM (Business Process Management) A structured approach that models an enterprise's human and machine tasks and the interactions between them as processes. BPM software provides users with a dashboard interface that offers a high-level view of the operation that typically ) software that enables companies to plan, understand and leverage their performance - financial and beyond - from a single, unified application. The company's web-based solution, EAP (Extensible Authentication Protocol) A protocol that acts as a framework and transport for other authentication protocols. EAP uses its own start and end messages, but then carries any number of third-party messages between the client (supplicant) and access control , delivers real-time planning, budgeting, forecasting, consolidation, analysis, reporting, scorecarding, and process management. Visit www.outlooksoft.com or call 203/964-3100 for more information. PeopleSoft "PeopleSoft and Business Objects have shared a long alliance history, and we are excited to continue this relationship to include the Open Financial Applications Initiative," said Chris Leone, Vice President of Product Strategy, PeopleSoft Financial Management Solutions. "PeopleSoft is recognized for providing an enterprise-wide, comprehensive and extensible performance management solution. With this initiative, our customers can leverage their existing investments in Business Objects for greater flexibility in query, reporting, and business analysis." PeopleSoft provides application software for the real-time enterprise. PeopleSoft pure internet software enables organizations to reduce costs and increase productivity by directly connecting customers, suppliers, partners and employees to business processes on-line, in real time. PeopleSoft's integrated, best-in-class applications include Customer Relationship Management, Supply Chain Management, Human Capital Management, Financial Management and Application Integration. Today more than 5,000 organizations in 140 countries run on PeopleSoft software. For more information, visit us at www.peoplesoft.com. SRC Software "For nearly two decades, companies across financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. , healthcare, technology and many other industries have relied on SRC Software for comprehensive budgeting, forecasting, and performance management solutions that are sophisticated yet easy to use," said Tom Malone Tom Malone may refer to:
SRC Software (www.srcsoftware.com) is a leader in providing flexibility and sophistication so·phis·ti·cate v. so·phis·ti·cat·ed, so·phis·ti·cat·ing, so·phis·ti·cates v.tr. 1. To cause to become less natural, especially to make less naive and more worldly. 2. for enterprise financial planning and corporate performance management. SRC offers a full complement of financial planning and analysis tools through its unique integration of spreadsheets and industry-leading databases complete with full-scale web deployment. For more information, contact SRC Software at 1-800/544-3477 or by e-mail at info@srcsoftware.com. About Business Objects Business Objects is a leading provider of business intelligence (BI) solutions. Business intelligence lets organizations access, analyze, and share information internally with employees and externally with customers, suppliers, and partners. It helps organizations improve operational efficiency, build profitable customer relationships, and develop differentiated product offerings. The company's products include data integration tools, the industry's leading integrated business intelligence platform, and a suite of enterprise analytic applications. Business Objects is the first to offer a complete BI solution that is composed of best-of-breed components, giving organizations the means to deploy end-to-end BI to the enterprise, from data extraction Data extraction is the act or process of retrieving (binary) data out of (usually unstructured or badly structured) data sources for further data processing or data storage (data migration). to analytic applications. Business Objects has more than 17,000 customers in over 80 countries. The company's stock is publicly traded under the ticker symbols Ticker Symbol An arrangement of characters (usually letters) representing a particular security listed on an exchange or otherwise traded publicly. When a company issues securities to the public marketplace, it selects an available ticker symbol for its securities which investors NASDAQ:BOBJ and Euronext Paris Euronext Paris is France's securities market, formerly known as the Paris Bourse, which merged with the Amsterdam and Brussels exchanges in September 2000 to form Euronext NV, which is the second largest exchange in Europe behind the London Stock Exchange. (Euroclear code 12074). It is included in the SBF SBF Studium Biblicum Franciscanum (Franciscan School of Biblical Investigations; Jerusalem, Israel) SBF Small Block Ford (automotive engine) SBF Single Black Female SBF Société des Bourses Francaises 120 and IT CAC See Consumer Advisory Council. 50 French stock market indexes. Business Objects can be reached at 408/953-6000 and www.businessobjects.com. Note to Editors: All company and product names may be trademarks of the respective companies with which they are associated. |
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