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ChannelIQ Selects Actuate For Real-Time Sales Reporting; Actuate Chosen to Provide Reporting Service for Companies Selling Through Indirect Channels.


SOUTH SAN FRANCISCO South San Francisco, city (1990 pop. 54,312), San Mateo co., W Calif.; inc. 1908. South San Francisco has several industrial parks; its manufactures include medical supplies and equipment, foods, paint, paper products, consumer goods, and clothing. , Calif. -- Actuate Corporation (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
:ACTU ACTU Australian Council of Trade Unions
ACTU AIDS Clinical Trials Unit (Washington University Medical Center, St. Louis, Missouri)
ACTU Association of Catholic Trade Unionists
ACTU Australian Capital Territory Union
), the world leader in Enterprise Reporting With the dramatic expansion of information technology, and the desire for increased competitiveness in corporations, there has been an increase in the use of computing power to produce unified reports which join different views of the enterprise in one place.  Applications, today announced that it has been selected as the reporting component for ChannelIQ's Channel Analysis, a Web-based reporting service that allows customers to manage channel sales relationships more effectively. Actuate's Enterprise Reporting Application Platform capabilities will be instrumental in providing a solution which will enable manufacturers to better manage their channel relationships, thereby growing revenues, reducing expenses and increasing partner loyalty.

ChannelIQ chose Actuate after a rigorous selection process, which demonstrated that Actuate provided the sophisticated functionality to enhance Channel Analysis, but was flexible and scalable enough to meet future needs and accommodate growth. Actuate will serve as the primary interface for executive, sales and marketing users who wish to view sales channel reports and dashboards. Actuate has enabled Channel Analysis to provide a "zero-footprint" hosted solution which does not require any downloads or plug-ins for Web-based viewing, and does not depend on IT resources from the manufacturer for deployment.

"Actuate's capabilities enable Channel Analysis to assist end users in deciphering the overwhelming amount of sales data they receive from distributors," said John Hulina, president and general manager, ChannelIQ. "Actuate's intuitive reporting interfaces help users realize the power of right-time sales reporting. The result is more profitable relationships with resellers, retailers and other channel partners and distributors."

"Accurate sales reporting that can be adopted by 100% of intended users is key to improving corporate performance for all enterprises," said Nobby nob·by  
adj. nob·bi·er, nob·bi·est
Fashionable; stylish.



[From nob2.]
 Akiha, vice president of Marketing at Actuate Corporation. "We're excited to see Actuate's technology embedded Inserted into. See embedded system.  in ChannelIQ's product line because it equips end users with useful sales information that enables them to build a more fruitful fruit·ful  
adj.
1.
a. Producing fruit.

b. Conducive to productivity; causing to bear in abundance: fruitful soil.

2.
 channel strategy."

About ChannelIQ Inc.

ChannelIQ Inc. was founded in 2002 with the vision of providing software publishers and hardware manufacturers timely, accurate and meaningful point-of-sale information needed to maximize channel relationships. ChannelIQ offers a platform that allows companies selling product through indirect sales channels -- wholesalers/distributors, resellers, dealers and more -- to comprehend sales activity at each level. Channel sales and marketing teams are empowered with a view into every detail of resellers' buying behavior. Its flagship product A primary product of a company, which is typically why the company was founded and/or what made it well known. For example, MS-DOS, Windows and the Microsoft Office suite have been flagship products of Microsoft. CorelDRAW is a flagship product of Corel Corporation. , Channel Analysis, analyzes and presents volumes of sales data in a clear, concise online reporting tool. Channel IQ helps customers define the business intelligence parameters they may track that will lead to a successful growth and profitability plan. ChannelIQ is based in Newport Beach Newport Beach, residential and resort city (1990 pop. 66,643), Orange co., S Calif., on Newport Bay and the Pacific Ocean; inc. 1906. It is a popular seaside resort and yachting center. Manufactures include electrical and medical equipment, computers, boats, and adhesives. , Calif., and be found online at www.channeliq.net.

About Actuate Corporation

Actuate Corporation is the world leader in Enterprise Reporting Applications that ensure 100% adoption by users. Actuate's Enterprise Reporting Application Platform is the foundation on which Global 9000 organizations (companies with annual revenues greater than $1 billion) and packaged application software vendors develop intuitive, Web portal-like reporting 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.  that empower empower verb To encourage or provide a person with the means or information to become involved in solving his/her own problems  100% of users with decision-making information. These applications are deployed inside and outside the firewall to improve corporate performance across a range of business functions including financial management, sales, human resource management, and customer self-service. When tested against other business intelligence products, Actuate's Enterprise Reporting Application Platform has been proven to offer industry-leading scalability and the lowest Total Cost of Ownership. Actuate has over 3,000 customers globally in a range of industries including financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
, pharmaceuticals, insurance, and distribution services, as well as the government sector.

Founded in 1993, Actuate has headquarters in South San Francisco, Calif., and has offices worldwide. Actuate is listed on the NASDAQ exchange under the symbol ACTU. For more information on Actuate, visit the company's Web site at www.actuate.com.

Copyright(C) 2005 Actuate Corporation. All rights reserved. Actuate and the Actuate logo are registered trademarks of Actuate Corporation and/or its affiliates in the U.S. and certain other countries. All other brands, names or trademarks mentioned may be trademarks of their respective owners.
COPYRIGHT 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Apr 18, 2005
Words:639
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