Business Objects Launches Expanded Performance Management Solutions for the CFO; New Integrated Applications on BusinessObjects XI Help Organizations Align for Higher Performance.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, has announced the release of its integrated planning In amphibious operations, the planning accomplished by commanders and staffs of corresponding echelons from parallel chains of command within the amphibious task force. See also amphibious operation; amphibious task force. , budgeting, forecasting, and consolidation solutions on the BusinessObjects(TM) XI platform. These new integrated enterprise performance management (EPM EPM equine protozoal myeloencephalitis. ) solutions enable finance organizations to create a process for continuous improvement, provide employees with information they can trust, and align corporate resources with overall business strategy. With this launch, Business Objects has executed on the vision it initiated in 2005 with the acquisition of SRC (SouRCe) Contrast with DST, which is an abbreviation of "destination." Software -- providing a comprehensive set of performance management capabilities on the BI industry's most advanced and trusted business intelligence platform. Business Objects now offers more than 30 targeted applications designed for specific industries and financial functions. In addition to strategic and 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 operational budgeting, the solutions also cover 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. management and scorecarding, data visualization See information visualization. , and 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. to provide a broad set of performance management solutions for finance managers in industry and government organizations around the world. "With today's announcement, we are building on our outstanding EPM momentum and our 70% year over year growth in EPM license revenue during the first half of 2006," said Mark Doll, senior vice president of global services and general manager of EPM at Business Objects. "This announcement underscores the focus and determination we have for delivering a world-class EPM solution for CFOs and finance organizations around the world. Our innovative product plans and continued investment in the development of comprehensive EPM products and services offerings position Business Objects well to serve this fast growing market and help organizations achieve higher performance." Business Objects Planning, Budgeting, and Forecasting Integrated with BusinessObjects XI As part of today's announcement, Business Objects now delivers its entire suite of planning, budgeting, and forecasting applications on the BusinessObjects XI platform. For end users, this provides seamless integration An addition of a new application, routine or device that works smoothly with the existing system. It implies that the new feature or program can be installed and used without problems. Contrast with "transparent," which implies that there is no discernible change after installation. of financial and operational information delivered through any Business Objects BI application. For IT organizations, the ability to take advantage of enhanced installation and security administration, and Business Objects Universe access, provides a lower cost of ownership and system maintenance costs. Organizations can now easily combine data from plans, budgets, forecasts, and other applications with reporting, dashboards, scorecards, and data visualization technology that are part of the industry-leading BusinessObjects XI platform. Future applications and innovations will also take advantage of the power of the Business Objects XI platform and continue to be built with the functional and vertical expertise that have characterized the EPM offerings from the company in the wake of the SRC acquisition. New applications focused on the needs of the finance department While planning, budgeting, and consolidation are integral components for the CFO See Chief Financial Officer. , Business Objects has further expanded its offering with new incentive compensation management applications and an activity based costing solution for the healthcare vertical. Additionally, with the introduction of new operational analytics on supply chain performance, CFOs now have new capabilities to manage costs and reliability across their supply and distribution channels. Key metrics such as product lead time and stock-outs, product quality, and transportation logistics can all 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. within the same suite of applications. Customers Praise Business Objects Planning, Budgeting, and Forecasting Applications Customer feedback regarding the updated functionality has been outstanding. One of the early testers of the software was Meridian Meridian (mərĭd`ēən), city (1990 pop. 41,036), seat of Lauderdale co., E Miss., near the Ala. line; settled 1831, inc. 1860. Health, a leading provider of heath services encompassing 70 facilities and more than 1,400 physicians in New Jersey. Meridian has deployed Business Objects to several hundred users as the cornerstone of its annual budgeting process. "Our Business Objects deployment provides the foundation to develop an efficient, end-to-end process for gathering feedback from all of our hospitals and delivering the information they need to make decisions on how to run their operations efficiently," said Steve Esposito, corporate budget manager at Meridian Health. "After testing BusinessObjects Budgeting and Reporting Suite XI, we are excited about several key enhancements, including the new active directory integration. This integration eliminates the need to manually maintain a separate security directory for our planning products -- saving time and increasing security. We are looking forward to deploying the solution for our next budget cycle." Another early tester was TETRA tetra: see characin. tetra Any of numerous attractively coloured freshwater South American and African fishes (family Characidae), often kept in home aquariums. Tetras are small, lively, hardy, and unaggressive. Technologies, a geographically diversified oil and gas services company. TETRA is already using BusinessObjects Budgeting and Reporting Suite XI to complete its 2007 budget process. "Business Objects did an excellent job extending and enhancing the BusinessObjects Budgeting and Reporting Suite, and we have already upgraded our deployment so we can take advantage of the new version for our current budget cycle," said Kelly Bonhomme, corporate reporting and planning manager at TETRA Technologies. "When we tested the new version, we saw a noticeable difference in how the system is administered. This has helped to increase the speed at which we can produce and deliver our reports, and reduced the amount of time and effort required to maintain and manage our user security. These enhancements will let us spend more time on analysis and other value added Value Added The enhancement a company gives its product or service before offering the product to customers. Notes: This can either increase the products price or value. activities." Additional Performance Management Applications Functionalities Business Objects has also made dozens of improvements to several other solutions across its EPM suite. Highlighted enhancements include: --BusinessObjects Dashboard (1) See Mac Dashboard. (2) A software-based control panel for one or more applications, network devices or industrial machines. Dashboards display simulated gauges and dials that look somewhat like an automobile dashboard. Manager -- Business Objects has added 12 new analytics to Dashboard Manager that were built using Crystal Xcelsius(TM). These analytics include new data exploration analytics for trend and plotting analysis, and distribution analytics for deeper statistical analysis. --Supply Chain Intelligence -- Business Objects has expanded the reports and dashboards available within Supply Chain Intelligence. In addition, the data model has been enhanced to allow for better data flow and optimized query performance. New modules focused on vendor sourcing and product delivery processes are now on the BusinessObjects XI platform as well. --Crystal Xcelsius Viewer -- Business Objects has integrated Crystal Xcelsius Viewer with its planning, budgeting, and forecasting applications, enabling organizations to easily create dynamic visual models that clearly present complex planning and budgeting data. Crystal Xcelsius Viewer enables customers to turn static information into dynamic charts, graphs, and interactive "what-if" scenarios while maintaining live connectivity to their data. Tailored Enterprise Performance Management Deployments Enterprise performance management is not a one-size-fits-all proposition. To capitalize on Cap´i`tal`ize on` v. t. 1. To turn (an opportunity) to one's advantage; to take advantage of (a situation); to profit from; as, to capitalize on an opponent's mistakes s>. the rapid growth of the EPM business within the company, Business Objects Global Services now provides consulting services Noun 1. consulting service - service provided by a professional advisor (e.g., a lawyer or doctor or CPA etc.) service - work done by one person or group that benefits another; "budget separately for goods and services" to help companies tailor their EPM deployment, as well as services to help companies leverage sophisticated performance management and analytical techniques An analytical technique is a method that is used to determine the concentration of a chemical compound or chemical element. There are a wide variety of techniques used for analysis, from simple weighing (gravimetric) to titrations (titrimetric)to very advanced techniques using to gain a competitive advantage. Business Objects also works closely with its network of partners who provide EPM consulting services to leverage their extensive industry-specific expertise. "Unlike other BI companies that only provide organizations with a blueprint for building an EPM solution, Business Objects goes a step further by delivering both the foundation and materials, and then works with customers to actually build the optimal solution," continued Mark Doll. "We work with our customers to design and implement the optimal enterprise performance management strategy to achieve their performance goals. The release today is not only a milestone for the company, but presents a model for future growth for our EPM business." Availability The new and enhanced versions of the Business Objects EPM solutions are available today. About Business Objects Business Objects is the world's leading business intelligence (BI) software company, with more than 39,000 customers worldwide, including over 80 percent of the Fortune 500. Business Objects helps organizations of all sizes create a trusted foundation for decision making, gain better insight into their business, and optimize performance. The company's innovative business intelligence suite, BusinessObjects(TM) XI, offers the BI industry's most advanced and complete solution for performance management, planning, reporting, query and analysis, and enterprise information management. BusinessObjects XI includes the award-winning Crystal line of reporting and data visualization software. Business Objects has also built the industry's strongest and most diverse partner community, and 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. The Business Objects logo, BusinessObjects, Crystal Reports, Intelligent Question, and Xcelsius are trademarks or registered trademarks of Business Objects 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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