Business Objects Launches BusinessObjects Application Foundation.Business Editors/High-Tech Writers 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)--July 10, 2001 Industry's First Analytic Application Framework Designed Specifically For Building Integrated 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. Business Objects (Nasdaq:BOBJ BOBJ Business Objects SA ), the world's leading provider of business intelligence solutions today announced BusinessObjects(TM) Application Foundation, a revolutionary analytic application framework that lets businesses quickly and easily develop powerful, integrated enterprise analytic applications. Application Foundation is the cornerstone of BusinessObjects Analytics, the company's suite of integrated enterprise analytic applications. BusinessObjects Application Foundation includes the following key components: -- Application Builder, an easy-to-use application development tool for building web-based analytic applications. -- Advanced Analytic Engines, three powerful analytic engines for performing set-based analysis, time series analysis, and the specification and execution of advanced business rules. -- Analytics Catalog, a collection of more than 70 pre-built analytic templates that provide reusable analysis techniques to be used as building blocks for creating analytic applications. "As a customer of Business Objects, we are very pleased to see the introduction of Business Objects Application Foundation," said Andrew Clyne, vice president, technology and architecture services at MasterCard. "Its framework and analytic templates would allow us to build upon our existing Business Objects infrastructure. This additional analytic capability from Business Objects will further enhance our range of global services we provide over the internet." "Analytic applications will co-exist with business intelligence tools," said Henry Morris, VP for Applications and Information Access at IDC. "Analytic applications are specialized spe·cial·ize v. spe·cial·ized, spe·cial·iz·ing, spe·cial·iz·es v.intr. 1. To pursue a special activity, occupation, or field of study. 2. , supporting a structured business process, while business intelligence tools are generic, supporting ad hoc For this purpose. Meaning "to this" in Latin, it refers to dealing with special situations as they occur rather than functions that are repeated on a regular basis. See ad hoc query and ad hoc mode. user inquiries. Business Objects, one of the leading providers of business intelligence tools, recognizes that one approach cannot fulfill ful·fill also ful·fil tr.v. ful·filled, ful·fill·ing, ful·fills also ful·fils 1. To bring into actuality; effect: fulfilled their promises. 2. both sets of needs. The Business Objects analytic application foundation, incorporating powerful engines such as set-based analysis, should help its customers build structured analytic applications with significant business value." "As both a customer and a partner of Business Objects, Siebel Systems Siebel is a brand name of Oracle Corporation. Siebel Systems, Inc., founded by Thomas Siebel in 1993, was principally engaged in the design, development, marketing and support of CRM applications. welcomes the BusinessObjects Application Foundation, and its ability to enable streamlined, consistent analytical modeling to meet Siebel's business needs and those of our many joint customers," said Catherine Cherubino, senior managing director of alliances at Siebel Systems. BusinessObjects Application Foundation is the cornerstone of the Business Objects analytic applications strategy. Customers can use Application Foundation both to develop their own custom analytic applications as well as to customize analytic applications modules within BusinessObjects Analytics. Using Application Foundation, customers can pursue a "build and buy" analytic applications strategy, buying certain applications off the shelf, building others, and having them work all together. Pre-packaged analytic applications offer the advantages of faster time to deployment, faster return on investment, and packaged best-practice analytics. Custom analytic applications offer the ability to provide sustainable competitive advantage and to solve business problems highly specific to a particular company or industry. Application Builder Overview The Application Builder provides an easy to use development environment for both building web-based applications See Web application. quickly from ready-made components or customizing purchased applications. It provides an intuitive point-and-click process for assembling components from the analytic catalog catalog, descriptive list, on cards or in a book, of the contents of a library. Assurbanipal's library at Nineveh was cataloged on shelves of slate. The first known subject catalog was compiled by Callimachus at the Alexandrian Library in the 3d cent. B.C. , enabling users to build applications without having to learn a programming language. Users can quickly define the look-and-feel elements of applications such as menus, tabs, company colors, and graphics. This means that application developers don't waste time figuring out how to build the application from code and can quickly develop and deploy powerful applications to end users via an intranet or the internet, as well as to customers and partners via an extranet. Advanced Analytic Engines Overview Application Foundation includes three powerful engines that provide the critical analysis functions of any application. The set-based analysis, time-series analysis Time-series analysis Assessment of relationships between two or among more variables over periods of time. , and business rules engines give unprecedented power to an organization's home-grown applications by providing the underlying technology that enable users to quickly segment their data in the most meaningful way, analyze these segments over time to spot critical change patterns, and turn this analysis into action. -- Set-based analysis. Sets enable businesses to categorize cat·e·go·rize tr.v. cat·e·go·rized, cat·e·go·riz·ing, cat·e·go·riz·es To put into a category or categories; classify. cat data into useful business groupings, such as customer segments or product categories, to make analysis easy. These business groupings are typically what managers care most about, such as "most valuable customers" or "high margin products with decreasing stock turns" and save managers time and complexity in analyzing business performance by predefining the data to be analyzed an·a·lyze tr.v. an·a·lyzed, an·a·lyz·ing, an·a·lyz·es 1. To examine methodically by separating into parts and studying their interrelations. 2. Chemistry To make a chemical analysis of. 3. . -- Time series analysis. The time series analysis engine enables business managers to easily understand how the business or a particular part of the business is changing over time. Hard-wired analytic techniques simplify complicated analyses such as trending, relative change between metrics metrics Managed care A popular term for standards by which the quality of a product, service, or outcome of a particular form of Pt management is evaluated. See TQM. , and seasonal variance, for non-technical end users. -- Business rules. The business rules engine enables users to build key performance indicator (KPI KPI Key Performance Indicator KPI Kuwait Petroleum International KPI Kiev Polytechnic Institute (Ukraine) KPI Kernel Programming Interface KPI King Pin Inclination (vehicle steering geometry angle) ) monitors into each application. This means that the end users can monitor key business metrics against a pre-set threshold and send automatic notification of changes to the appropriate business manager. For example, a sales executive could monitor actual revenues compared to the forecast and set an alert so that she receives an email when the actual is behind the target by more than 10 percent. In addition, the business rules engine can provide closed-loop action such as feeding data into operational systems for corrective action A corrective action is a change implemented to address a weakness identified in a management system. Normally corrective actions are instigated in response to a customer complaint, abnormal levels if internal nonconformity, nonconformities identified during an internal audit or , e.g., automatically send the records of those customers who have decreased their spending into Siebel Marketing Enterprise 2000.3 to generate a marketing campaign. Analytics Catalog Overview Application Foundation includes more than 70 pre-built analytic templates. Analytic templates are reusable re·use tr.v. re·used, re·us·ing, re·us·es To use again, especially after salvaging or special treatment or processing. re·us , generic analysis techniques for building applications that solve a broad range of business problems. The analytic templates can be applied to answer the most difficult business questions while shielding the end user from the complexity of the underlying technology. The analytics catalogue is open and extensible, enabling users to add their own analytic templates. "In developing the first modules of BusinessObjects Analytics, we quickly realized that creating an integrated, consistent suite requires that the applications be built within a common framework. We created BusinessObjects Application Foundation to fulfill that need," said Dave Kellogg, senior group vice president of worldwide marketing at Business Objects. "We have developed all our analytic application modules using Application Foundation, and have found it enormously useful both in improving application development productivity and in delivering analytic applications that all look, feel, and act in the same way. For example, thanks to Application Foundation, we can provide a consistent method for performing time-series analysis regardless of whether the user is analyzing sales performance, customer retention, or employee attrition Attrition The reduction in staff and employees in a company through normal means, such as retirement and resignation. This is natural in any business and industry. Notes: over time." In addition to providing the framework for building applications, Business Objects is announcing BusinessObjects Customer Intelligence, the first analytic application of BusinessObjects Analytics. (Editors' note: please see related press release titled Business Objects Launches BusinessObjects Customer Intelligence, dated July 10, 2001.) Platforms and Availability BusinessObjects Application Foundation 2.1 is generally available and runs on Windows NT (Windows New Technology) A 32-bit operating system from Microsoft for Intel x86 CPUs. NT is the core technology in Windows 2000 and Windows XP (see Windows). Available in separate client and server versions, it includes built-in networking and preemptive multitasking. and Sun Solaris. About Business Objects Business Objects is the world's 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. Business intelligence helps organizations improve operational efficiency, build profitable customer relationships, and develop differentiated product offerings. The company's products include BusinessObjects 2000, the industry's leading integrated business intelligence toolset and platform, and BusinessObjects Analytics, an integrated suite of enterprise analytic applications. Business Objects pioneered the modern BI industry in 1990 by inventing a patented "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, " that insulates users from the complexity of databases. In 1995, the company was first to focus on enterprise-scale BI deployments and today supports customers with more than 20,000 users. The company moved aggressively to the Internet in 1997 by pioneering the market for BI extranets, a market that it continues to lead today. In 2000, the company delivered the industry's first interactive wireless BI solution. Today, Business Objects continues to innovate in·no·vate v. in·no·vat·ed, in·no·vat·ing, in·no·vates v.tr. To begin or introduce (something new) for or as if for the first time. v.intr. To begin or introduce something new. , creating and delivering a unique vision for enterprise analytic applications. Business Objects has more than 13,000 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. : code Euroclear France 12074, and 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: BusinessObjects is a trademark of Business Objects SA. WebIntelligence is a registered trademark of Business Objects S.A. Other company and product names may be trademarks of the respective companies with which they are associated. A full-text copy of this announcement may be downloaded from the web; access http://www.businesswire.com/cnn and search on "Business Objects." Business Objects product inquiries should contact 800/527-0580. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion