Business Objects and Sybase sign worldwide reseller agreement.SAN JOSE San Jose, city, United StatesSan Jose (sănəzā`, săn hōzā`), city (1990 pop. 782,248), seat of Santa Clara co., W central Calif.; founded 1777, inc. 1850. , Calif.--(BUSINESS WIRE)--April 23, 1997--Business Objects (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : BOBJY), the world's leading provider of integrated enterprise decision support tools, today announced that it has signed a reseller agreement with Sybase, Inc. in which Sybase has the rights to resell Business Objects' products worldwide. BusinessObjects, the world's leading integrated query, reporting, and OLAP (OnLine Analytical Processing) Decision support software that allows the user to quickly analyze information that has been summarized into multidimensional views and hierarchies. OLAP tools are used to perform trend analysis on sales and financial information. (online analytical processing Online Analytical Processing, or OLAP (IPA: /ˈoʊlæp/), is an approach to quickly provide answers to analytical queries that are multidimensional in nature. ) tool is already part of the Sybase's QuickStart DataMart(TM) program. This new agreement not only allows Sybase representatives to sell additional licenses for the QuickStart DataMart, but allows them to resell BusinessObjects for any project. "This new worldwide reseller agreement with Sybase is very exciting," said 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. , president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. at Business Objects. "We've had a long and successful marketing partnership with Sybase, and are happy that they decided to extend that relationship to the resale of our products. We plan on continuing to deliver integrated, enterprise decision support solutions to our mutual customers worldwide." "We are very excited about our new worldwide reseller agreement with Business Objects," said Mitchell Kertzman Mitchell Kertzman is a venture capitalist with Hummer Winblad Venture Partners, and former CEO of Sybase, Powersoft, and Liberate Technologies. [1] References 1. ^ Hummer Winblad biography of Kertzman , president and CEO of Sybase, Inc. "As a leader in high-performance data mart A subset of a data warehouse for a single department or function. A data mart may have tens of gigabytes of data rather than hundreds of gigabytes for the entire enterprise. See data warehouse. and data warehousing See data warehouse. data warehousing - data warehouse solutions, Sybase is pleased to offer integrated decision support tools from Business Objects. This offering expands our capabilities to provide customers with the tools they need to make critical business decisions," said Kertzman. About Sybase, Inc. Sybase, Inc. is a worldwide leader in distributed, open computing See open system and open source. solutions with record revenues in 1996 of over $1 billion. The company provides customers and partners with the software and services to create business solutions for strategic, competitive advantage. These high-performance, end-to-end solutions encompass client/server, Internet and Intranet transaction processing Updating the appropriate database records as soon as a transaction (order, payment, etc.) is entered into the computer. It may also imply that confirmations are sent at the same time. Transaction processing systems are the backbone of an organization because they update constantly. and data mart and data warehousing applications. The company's Adaptive Component Architecture enables rapid design, development and deployment of distributed multi-tier business applications. The company's product lines include Sybase high-performance database servers, EnterpriseConnect distributed data access and connectivity products and Powersoft open business development tools. The company's Internet addresses are http://www.sybase.com and http://www.powersoft.com . About Business Objects Business Objects (NASDAQ:BOBJY) is the world's leading provider of integrated enterprise decision support tools. Business Objects products provide non-technical business users with access to information stored in corporate data warehouses, data marts, and packaged business applications. The company pioneered the modern decision support market in 1990 by introducing the "semantic layer," a patented technology that maps complex databases to a business representation understandable by non-technical end users. The company's award-winning products include BusinessObjects, the first integrated query, reporting, and online analytical processing (OLAP) tool; BusinessQuery, the first Microsoft Excel add-in to provide a business representation of data; and BusinessMiner, the first data mining tool positioned for the mainstream business user. Oracle users recently voted BusinessObjects the best DSS/OLAP tool in the Oracle Technical Journal's annual best product awards. Business Objects has sold more than 475,000 licenses to over 4,000 organizations in more than 60 countries. The company maintains business partnerships with more than 450 organizations around the world. The company's web site is http://www.businessobjects.com. -0- BusinessObjects is a trademark of Business Objects SA. 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 obtained by calling the Company's fax retrieval line at 800/414-2114 and selecting option "one." The announcement may also be downloaded from the Web; access "http://www.businesswire.com/cnn" and search on "Business Objects." CONTACT: BUSINESS OBJECTS Tracy Eiler, 408/953-6031 or SYBASE Mary Shank-Rockman, 510/922-4165 |
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