Business Objects Introduces Consumer Packaged Goods Analytics to Help Customers Optimize Promotional Spending; Company Releases BusinessObjects XI Release 2 Industry-Focused Analytic Applications.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. -- 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), the world's leading provider of business intelligence (BI) solutions, today announced a new industry-focused analytic application, BusinessObjects(TM) Trade Promotion Effectiveness Analytics, which enables consumer packaged goods Noun 1. packaged goods - groceries that are packaged for sale foodstuff, grocery - (usually plural) consumer goods sold by a grocer plural, plural form - the form of a word that is used to denote more than one (CPG CPG central pattern generators. ) companies to better measure and manage the performance and return on investment of their trade promotions and spending. Today Business Objects also announced the availability of BusinessObjects XI Release 2 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. , built on the industry's most advanced and complete BI platform. BusinessObjects XI Release 2 analytic applications deliver prepackaged pre·pack·age tr.v. pre·pack·aged, pre·pack·ag·ing, pre·pack·ag·es To wrap or package (a product) before marketing. Adj. 1. performance management dashboards, scorecards, and targeted analytics that address critical business problems in specific vertical markets. "At Business Objects, we're passionate about partnering with our customers to create targeted analytic solutions for their specific industry," said Donald MacCormick, vice president of product marketing at Business Objects. "Last fall we announced new planning and budgeting solutions for retailers. Today's launch of Trade Promotion Effectiveness Analytics shows our continued momentum in delivering industry-focused solutions. BusinessObjects XI Release 2 analytic applications play a key role in our plan to create long term relationships with our customers to address their business pains." New Analytics Give CPG Companies Holistic View of Promotional Spending and Improves Performance CPG companies today are spending increasing amounts on sales promotions and associated events, but they have limited visibility into how these promotions are improving their bottom line. BusinessObjects Trade Promotion Effectiveness Analytics enables CPG manufacturers to understand the impact of their trade promotions, better evaluate target customer bases, and increase promotion profitability for retailers. With this new analytic application, CPG sales and marketing executives gain insight into how promotional funds are being spent, which customers are participating, which promotions are most profitable, and comparative performance by channel. With a holistic view of their promotion spending and effectiveness, CPG companies can better plan and manage their trade promotion programs. CPG customers that currently use Business Objects to enhance performance include Land O'Lakes
"Business Objects expands its footprint into the packaged application market and brings a valued solution to the CPG industry with Trade Promotion Effectiveness Analytics," said Rob Hand chief executive officer at Hand Promotion Management. "More than ever, the CPG industry needs to understand the complex interrelationships between promotions and their performance and respond quickly to real-time demand. Trade Promotion Effectiveness Analytics from Business Objects allows CPG manufacturers to focus their promotional spending in the right areas and maximize the return on their promotional investment." The delivery of BusinessObjects Trade Promotion Effectiveness Analytics expands on the commitment from Business Objects to develop industry-specific solutions. In November 2005, Business Objects announced planning and budgeting solutions for retail. Currently, Business Objects helps improve performance for eight of the top ten largest retailers worldwide including Wal-Mart.com, Tesco, Carrefour, and Auchan. New Industry Analytics Based on Extensive Customer Input After conducting extensive feedback sessions with customers, BusinessObjects XI Release 2 analytic applications include significant new features that simplify implementation and customization. New role-based dashboards provide marketing, human resources The fancy word for "people." The human resources department within an organization, years ago known as the "personnel department," manages the administrative aspects of the employees. , sales, or finance executives access to only the most relevant information. For example, a regional sales vice president can use dashboards tailored for sales executives to get real-time visibility and analysis of their sales operation. Industry-focused analytic applications also include an encyclopedia that enables customers to easily look up business terms used within reports, dashboards, or scorecards. "We are using analytic applications from Business Objects to drive insight through key business segments within the company, including customers, products and services, supply chain, human resources and finance," said Tony Fuller, CIO CIO: see American Federation of Labor and Congress of Industrial Organizations. (Chief Information Officer) The executive officer in charge of information processing in an organization. of Rent-A-Center. "Currently, we have almost 3,000 stores in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , Canada, and Puerto Rico Puerto Rico (pwār`tō rē`kō), island (2005 est. pop. 3,917,000), 3,508 sq mi (9,086 sq km), West Indies, c.1,000 mi (1,610 km) SE of Miami, Fla. . Along with the growth of our business, the amount of data we were gathering grew exponentially, and we needed a more efficient way to work through all the information. Business Objects analytic applications allow us to turn all this information into an asset that can help us improve our company performance and continue to grow as an intelligent enterprise." New Solution Accelerators Speed Up Deployment Time and Enhance Delivery of ROI (Return On Investment) The monetary benefits derived from having spent money on developing or revising a system. In the IT world, there are more ways to compute ROI than Carter has liver pills (and for those of you who never heard of that expression, it means a lot). With the launch of BusinessObjects XI Release 2 analytic applications, new Solution Accelerators are available from the Business Objects Professional Services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. Organization. These Solution Accelerators help organizations more quickly deploy industry-focused analytic applications to address specific business challenges, and provide a set of guided questions that help determine organizational priorities and objectives. Those answers are used to more effectively map out analytic application deployments and hone in on exactly what information organizations need, how it should be delivered, and who receives it. Availability BusinessObjects XI Release 2 analytic applications are generally available. Analytic applications for consumer packaged goods (CPG) companies include Trade Promotion Effectiveness Analytics, Brand Assortment Optimization Analytics, and Sales and Marketing Effectiveness Marketing Effectiveness is the function of improving how marketers go to market with the goal of optimizing their marketing spend to achieve even better results for both the short-term and long-term. Also related to Marketing ROI and Return on Marketing Investment (ROMI). Analytics. Analytic applications for retail companies include Customer Profiling and Campaign Management Analytics and Store Assortment Optimization Analytics. In additional to the industry-focused solutions, Business Objects provides analytic applications focused on functional business areas including: finance, human resources, marketing, and sales. These solutions are generally available. For more information please visit: www.businessobjects.com/products/analyticapps. About Business Objects Business Objects is the world's leading business intelligence (BI) software company. With more than 35,000 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 advanced and complete 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, and Crystal Xcelsius 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 and/or other countries. All other names mentioned herein may be trademarks of their respective owners. |
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