Business Objects Leaps Into Top Three in Corporate Performance Management Through Acquisitions.Gartner Market Share Data Shows EPM EPM equine protozoal myeloencephalitis. Acquisitions and Innovation Fuel Rapid Growth 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, announced that independent analyst firm Gartner, Inc. shows Business Objects as one of the top three vendors globally and largest best of breed provider of corporate performance management (CPM) software as a result of its combined acquisitions in H2 2006 and 2007, in its August 2007 report titled, "Market Share: CPM Suites Software, Worldwide 2006, Composite View." According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the independent report, Business Objects commanded an 8.9 percent 2006 worldwide market share based on total software revenue following its acquisitions of CPM specialists Cartesis and ALG ALG antilymphocyte globulin. ALG antilymphocyte globulin. ALG Antilymphocyte globulin, see there Software. "We believe this leadership position in the EPM market is proof that we are delivering the most comprehensive integrated EPM suite of capabilities for the office of the CFO See Chief Financial Officer. ," said Trevor Walker, Vice President, Product Marketing for Business Objects. "We recently demonstrated this to the market and our customers by delivering our EPM roadmap to leverage quickly the integrated technologies and domain expertise of Business Objects, Cartesis, ALG and SRC (SouRCe) Contrast with DST, which is an abbreviation of "destination." , providing tangible customer value that will continue to differentiate us in this evolving market." Utilizing an Integrated Data Model (IDM (1) See identity management. (2) (Integrated Device Manufacturer) A company that performs every step of the chip-making process, including design, manufacture, test and packaging. Examples of IDMs are Intel, AMD, Motorola, IBM, TI and Lucent. ) as the cornerstone for organizations looking to achieve maximum benefits from performance management applications, Business Objects EPM suite ensures data accuracy and consistency. While ERP (Enterprise Resource Planning) An integrated information system that serves all departments within an enterprise. Evolving out of the manufacturing industry, ERP implies the use of packaged software rather than proprietary software written by or for one customer. systems are equipped to handle transactional data resources, they remain costly and inflexible, unable to fully meet today's changing performance management needs. This is why Business Objects designed the EPM suite as flexible, wholly independent best of breed solution. According to Gartner's report, "budgeting, planning and forecasting applications are still the most commonly deployed components of CPM suites, but scorecards and dashboards have become more popular, driven by more strategically focused initiatives." By delivering a single integrated EPM solution to provide a clear view of key performance drivers over a range of otherwise disparate systems, Business Objects provides organizations a clear view into all the essential processes affecting business performance. Already in use by more than 6000 customers, the rapid growth and increasing differentiation of the Business Objects EPM suite is underlined by several notable customers wins over the last 6 months, including leading companies such as LifePoint Hospitals, ICI (language) ICI - An extensible, interpretated language by Tim Long with syntax similar to C. ICI adds high-level garbage-collected associative data structures, exception handling, sets, regular expressions, and dynamic arrays. Paints, and Republic Bank Limited to name a few. "Our global customers consistently emphasize our combination of domain expertise and best-in-class functionality as the key reason they selected Business Objects to fulfill their performance management needs," said Walker. "Our comprehensive EPM solution helps to deliver greater forecast accuracy, lower cost compliance, faster reporting cycles and a better understanding of business costs and drivers for our customers." Gartner reports that the market for CPM suites software increased 20.2 percent to $1.55 billion in 2006, "driven by an increased need for financial reporting accuracy and compliance." Business Objects' evident contribution to this growing market as well as its increased CPM share attests to the strength and comprehensiveness of Business Objects' EPM solution. Fueled by innovation and an aggressive approach to integration, Business Objects continues to provide the CFO with the most comprehensive best-in-class solutions critical to the strategic value of any organization. For more information on the Gartner report 'Market Share: CPM Suites Software, Worldwide 2006, Composite View' please visit: www.Gartner.com. About Business Objects Business Objects has been a pioneer in business intelligence (BI) since the dawn of the category. Today, as the world's leading BI software company, Business Objects transforms the way the world works through intelligent information. The company helps illuminate understanding and decision-making at more than 44,000 organizations around the globe. Through a combination of innovative technology, global consulting and education services, and the industry's strongest and most diverse partner network, Business Objects enables companies of all sizes to make transformative business decisions based on intelligent, accurate, and timely information. 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, Crystal Decisions, and Xcelsius are trademarks or registered trademarks of Business Objects in the United States and/or other countries. All other names mentioned herein may be trademarks of their respective owners. |
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