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Cartesis Carat Surpasses All Competitors in The OLAP Report.


Business Editors

NEW YORK/PARIS--(BUSINESS WIRE)--Feb. 22, 2000

Nigel Pendse Nigel Pendse is OLAP analyst and the lead person responsible of The OLAP Report and The OLAP Survey, and is an advisor and speaker on a variety of OLAP related subjects. Previously, he had worked both as a user and then in a variety of roles as a salesperson of business , co-author co·au·thor or co-au·thor  
n.
A collaborating or joint author.

tr.v. co·au·thored, co·au·thor·ing, co·au·thors
To be a collaborating or joint author of: "He and a colleague . . .
 of the well-known, respected online The 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.  Report stated, "Carat has the most sophisticated multi-dimensional model we have ever seen.....Carat delivers on the promise of providing a full financial management, reporting and planning capability in one tool, something that many simpler, mono-function consolidation systems on the market cannot do."

The OLAP Report rates Cartesis Carat No. 1 in Financial Analytical analytical, analytic

pertaining to or emanating from analysis.


analytical control
control of confounding by analysis of the results of a trial or test.
 Applications

Cartesis Carat is superior to Hyperion Enterprise 5.0 (Nasdaq:HYSL) and other financial reporting and consolidation vendors in fifteen of the twenty-three features evaluated in The OLAP Report. No other financial software product ranks as highly. Carat is unmatched in the power it delivers to business for financial reporting, consolidation and planning. Corporations need rapid, coherent financial information to respond to constant business changes and to provide stakeholders Stakeholders

All parties that have an interest, financial or otherwise, in a firm-stockholders, creditors, bondholders, employees, customers, management, the community, and the government.
 with reliable data. Through using the most thoroughly thought-out, process-supporting financial software on the market today, Cartesis makes businesses more responsive to market conditions and to investors. Second in market share, Cartesis is growing fast worldwide.

Built-In Financial Intelligence

One of the strongest aspects of Carat is the financial intelligence built into the product. "Carat has possibly the most exuberant exuberant /ex·u·ber·ant/ (eg-zoo´ber-ant) copious or excessive in production; showing excessive proliferation.

ex·u·ber·ant
adj.
Proliferating or growing excessively.
 approach to dimensions in the whole OLAP industry.", stated Mr. Pendse. "Far from being constrained con·strain  
tr.v. con·strained, con·strain·ing, con·strains
1. To compel by physical, moral, or circumstantial force; oblige: felt constrained to object. See Synonyms at force.

2.
 in its dimensionality, as are some other consolidation systems (for example, Enterprise 5.0 and FDC FDC - Floppy Disk Controller ), Carat goes to the opposite extreme and actually implements much of its processing functionality through dimensions, while leaving plenty for representing multi-dimensional business structures." This means that Carat is flexible, fast and powerful. "Carat raises financial analytics to a new level, providing finance professionals with a clearer view of their business performance," stated Michael Herstine, Cartesis Corporate Marketing.

Proven Technology

Cartesis Carat is proven technology for new needs in an Internet-driven economy. It is highly scalable, web-enabled and based on industry-standard databases and messaging systems Software that provides an electronic mail delivery system. It is made up of the following functional components, which may be packaged together or independently.

Mail User Agent
.

Read about Cartesis Carat in The OLAP Report at www.olapreport.com

About Cartesis

Cartesis is the leading supplier of analytical applications for Strategic Financial Management. Cartesis products give Global 2000 companies the tools and flexibility they need to assess rapid changes in their market places. One in six of the Fortune Global 100, 25% of the Financial Times European 100, and more than 80% of the French Stock Market Index use Cartesis solutions to obtain unprecedented command over their financial information for more effective strategic management.

Cartesis maintains offices and distributors worldwide -- in New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
, Stamford, Paris, Frankfurt, Brussels, Utrecht, Madrid, Zurich, and Melbourne. Cartesis is a wholly owned company of PricewaterhouseCoopers. Learn more about Cartesis products and services at www.cartesis.com

Cartesis and Cartesis Carat are registered trademarks of Cartesis SA. All other trademarks and company names mentioned are the property of their respective owners.
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Copyright 2000, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Feb 22, 2000
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