Business Objects Celebrates 15 Years of Success; Company That Pioneered Modern Day Business Intelligence Market Now Leads Multi-Billion Dollar Industry.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. & PARIS Paris, in Greek mythology Paris or Alexander, in Greek mythology, son of Priam and Hecuba and brother of Hector. Because it was prophesied that he would cause the destruction of Troy, Paris was abandoned on Mt. -- 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 of the board and chief strategy officer of Business Objects, founded the company on a simple premise -- that software can help users autonomously tap into the vast amounts of information in their corporate databases to improve performance. Today, as Business Objects (Nasdaq:BOBJ BOBJ Business Objects SA )(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. ISIN Isin (ĭs`ĭn), capital of an ancient Semitic kingdom of N Babylonia. The city became important after the third dynasty of Ur fell to the Elamites and the Amorites (c.2025 B.C.). The phase from c.2025–c.1763 B.C. code: FR0004026250 -- BOB) celebrates its 15-year anniversary, that idea has turned Business Objects into a billion dollar company and the leader of the multi-billion dollar business intelligence industry. Business intelligence now plays an active and important role in every aspect of business, for example -- improving sales performance, customer relationships, and marketing campaigns; managing product development, inventory, and supply chains; and communicating with partners, customers, and suppliers. However, building a billion dollar software company takes more than a vision -- it takes constant innovation, quality products, excellent customer service, outstanding employees, and the ability to execute in all economic conditions. Throughout its growth, Business Objects has focused on these elements, and as a result has become one of the world's most successful software companies. In fact, of all publicly traded software companies on U.S. stock exchanges, Business Objects is one of only four software companies to have recorded over 12 consecutive years of growth and profits. "Today is an important day, not just for Business Objects, but for the software industry," said Bernard Liautaud, chairman of the board and chief strategy officer of Business Objects. "With the help of our customers and partners we have created a multi-billion dollar software market that plays a very important role in the global economy. Fifteen years ago, many people said this could not be done, that there was no room for a separate software category called business intelligence. Today, business intelligence is an indispensable component of every business operation, and business intelligence is a thriving independent software market. And while we celebrate this anniversary today, we also recognize that this is simply a milestone, and we look forward to more years of innovation that will change the software industry and help organizations improve performance." Business Objects, which played a key role in the creation of the modern day business intelligence industry with the invention of the 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, , has always been at the forefront of change and innovation. The semantic layer is the fundamental building block of business intelligence. It translates complex database code into the language of business, allowing non-technical individuals to easily access and analyze information that is stored in corporate databases. Business Objects also developed the industry's first enterprise query, reporting, and analysis solution for the web with the release of BusinessObjects(TM) Web Intelligence in 1997, which also allowed the company to pioneer the business intelligence extranet market. In December 2003, Business Objects completed the acquisition of Crystal Decisions, the leader in enterprise reporting With the dramatic expansion of information technology, and the desire for increased competitiveness in corporations, there has been an increase in the use of computing power to produce unified reports which join different views of the enterprise in one place. . In January 2005, Business Objects delivered BusinessObjects XI, the industry's most advanced and complete platform in BI, and a revolutionary step forward for BI technology. In August 2005, Business Objects completed the acquisition of SRC (SouRCe) Contrast with DST, which is an abbreviation of "destination." Software, a leading vendor of 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 software. Today, millions of individuals use Business Objects solutions to identify ways to help their organization improve productivity, save money, and increase revenues. As part of today's Business Today's Business is a show on CNBC that aired in the early morning, 5 to 7AM ET timeslot, hosted by Liz Claman and Bob Sellers, and it was replaced by Wake Up Call on Feb 4, 2002. Objects 15-year anniversary, Bernard Liautaud will preside over the opening of the NASDAQ stock market Nasdaq stock market The first electronic stock market listing over 5000 companies. The Nasdaq stock market comprises two separate markets, namely the Nasdaq National Market, which trades large, active securities and the Nasdaq Smallcap Market that trades emerging growth companies. . For more information on the company's 15-year anniversary, visit www.businessobjects.com. About Business Objects Business Objects is the world's leading business intelligence (BI) software company. With more than 30,000 customers worldwide, including over 80 percent of the Fortune 500, Business Objects helps organizations gain better insight into their business, improve decision making, and optimize enterprise performance. The company's business intelligence platform, BusinessObjects(TM) XI, offers the BI industry's most complete and trusted platform for performance management, planning, reporting, query and analysis, and data integration. BusinessObjects XI includes Crystal Reports(R), the industry standard for enterprise reporting. Business Objects has also built the industry's strongest and most diverse partner community, and the company offers consulting and education services to help customers effectively deploy their business intelligence projects. Business Objects has dual headquarters in San Jose, Calif., and Paris, France. The company's stock is traded on both the Nasdaq (BOBJ) and Euronext Paris (ISIN: FR0004026250 -- BOB) stock exchanges. More information about Business Objects can be found at www.businessobjects.com. Business Objects and the Business Objects logo, BusinessObjects, WebIntelligence, Crystal Reports, Crystal Enterprise, Crystal Analysis, RapidMarts, and BusinessQuery are trademarks or registered trademarks of Business Objects S.A. or its affiliated companies Affiliated Companies A situation that occurs when one company owns a minority interest (less than 50%) in another company. Also refers to companies that are related to each other in some way. Notes: An affiliated company is sometimes referred to as a subsidiary. 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. and/or other countries. All other names mentioned herein may be trademarks of their respective owners. |
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