CorVu Corporation Set to Enter Japan With Sharp System Products.Business Editors MINNEAPOLIS--(BUSINESS WIRE)--Feb. 9, 2000 Sharp System Products Selects CorVu to Meet the Business Intelligence and Performance Management CorVu Corporation, a leading provider of Enterprise Business Performance Management, e-Business Intelligence, and Balanced Scorecard Balanced Scorecard A performance metric used in strategic management to identify and improve various internal functions and their resulting external outcomes. The balanced scorecard attempts to measure and provide feedback to organizations in order to assist in implementing solutions, and Sharp System Products (SSP (1) (Service Switching Point) The local exchange node in an SS7 telephone network. The SSP can be part of the voice switch or in a separate computer connected to it. ), announced today their intent to sign a distributor agreement. Under the terms of the intended agreement, Sharp will distribute CorVu's CorBusiness and CorManage applications as primary components to its data warehousing See data warehouse. data warehousing - data warehouse product offering. SSP's data warehousing and business intelligence practice is one of the largest in Japan. &uot;At Sharp, we recognize the need for a solutions-oriented approach,&uot; commented Mr. Mori, vice president of Japan, Sharp System Products. This new relationship with CorVu will allow SSP to advance from selling query 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. tools to providing robust business performance management solutions. Mr. Mori continued, &uot;We decided to partner with CorVu because of the value their Performance Management and Balanced Scorecard applications bring to our data warehouse offering. We believe this marriage delivers a significant business solution to our market.&uot; &uot;We are very excited about our distribution arrangement with Sharp,&uot; said Justin MacIntosh, CorVu's 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. . &uot;The Japanese economy is roughly one-third the size of the US economy. Therefore, this is a significant milestone in our global expansion.&uot; Combining CorVu's solutions with SSP's data warehouse applications will help SSP customers merge business vision, shrewd industry and competitive analysis, and the right measurements to enable effective execution of business strategy. &uot;By leveraging the information in the data warehouse, CorVu solutions can assist in efficiently allocating resources, strengthening competitive capabilities, installing strategy-supportive policies and managing core competencies to match market realities,&uot; continued MacIntosh. &uot;It also sends a clear message that data warehousing and business performance management go hand-in-hand.&uot; About Sharp Systems Products Sharp System Products (SSP) is one of the largest system integration companies in Japan and is one of the group of SHARP Corporation companies. SSP provides enterprise system solutions for business users through consulting, development and support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services in the area of 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. , Customer Relationship Management (CRM (Customer Relationship Management) An integrated information system that is used to plan, schedule and control the presales and postsales activities in an organization. ), Data Warehousing/Business Intelligence, Document Management and Store Automation systems. SSP focuses on three IT technologies - internet, Windows/NT and mobile computing Using a computing device while in transit. Mobile computing implies wireless transmission, but wireless transmission does not necessarily imply mobile computing. Fixed wireless applications use satellites, radio systems and lasers to transmit between permanent objects such as buildings . SSP employs approximately 1000 people and generates annual sales of over $500 million. About CorVu Corporation CorVu Corporation is a leading global provider of Enterprise Business Performance Management, Balanced Scorecard Solutions and e-Business Intelligence solutions. Combining OLAP query and reporting, executive dashboard alerts, forecasting, and Balanced Scorecard applications, CorVu provides a complete Enterprise Business Performance Management solution. CorVu has U.S. offices in Minneapolis, Atlanta, Boston, Chicago, Cincinnati, Dallas, Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. , 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 , San Francisco, and Washington D.C.; Asia Pacific offices in Sydney, Auckland, Melbourne, Brisbane and Perth; and European offices in London, Munich, Rotterdam, Sheffield and Stockholm. With more than 2500 customers, including companies such as Datacard, Telstra, Mincom, Prudential, Sara Lee, Unisys, Ford Motor Company and British Airways, CorVu's Enterprise Business Performance Management and Balanced Scorecard solutions are gaining broad market acceptance. Additional information about CorVu products and services can be found on CorVu's web site at http://www.corvu.com or call (800) 610-0769. NOTE TO EDITORS: CorVu is a registered trademark of CorVu Corporation. |
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