CorVu Launches Enterprise Information Portfolio for the Web.Business Editors MINNEAPOLIS--(BUSINESS WIRE)--June 26, 2000 CorVu Corporation (NASDAQ/OTC BB:CRVU), today brought greater enterprise analysis speed, choice and flexibility to the executive desktop with the launch of CorPortfolio. This new application will collate col·late tr.v. col·lat·ed, col·lat·ing, col·lates 1. To examine and compare carefully in order to note points of disagreement. 2. To assemble in proper numerical or logical sequence. 3. disparate reporting sources together into an online enterprise information portfolio. CorPortfolio recognizes that most corporations use a mixture of business intelligence, performance management and executive information tools with departments often making autonomous supplier choices. It enables executives to quickly combine information from virtually any data source, business intelligence tool, or office application, including CorVu and additional OLAP/query & reporting tools, using simple drag and drop A graphical user interface (GUI) capability that lets you perform operations by moving the icon of an object with the mouse into another window or onto another icon. For example, files can be copied or moved by dragging them from one folder to another. techniques, bringing them into an electronic portfolio where explanatory notes can be added. Pages in the portfolio may be themed to provide rapid, point and click access to company- and department-wide business performance results and analyses. "The inspiration for CorPortfolio came out of our work with several of the Big 5 consulting firms Noun 1. consulting firm - a firm of experts providing professional advice to an organization for a fee consulting company business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a ," 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. . "They articulated a need to compile executive reports from a variety of business intelligence applications, add narrative annotations and explanations, and present this information within a single document. With CorPortfolio, CorVu is first to update and extend this idea to meet the needs of the digital age where performance information is correlated concisely and deployed on the web to support virtual meetings, intranets and extranets." eBusiness Support As 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. - both internal and external - demand more information in a more timely manner, organizations are increasingly turning to e-business models as the preferred vehicle for information delivery. "Our `electronic portfolios' leverage an organization's existing eBusiness initiatives to deliver information to all stakeholders," continued MacIntosh. "CorPortfolio allows users to publish specific information portfolios for specific stakeholders. For example, you can publish a customer portfolio, a supplier portfolio, or a shareholder portfolio. Keeping all these stakeholders better informed allows our customers to improve their customer relations, supplier relations, and investor relations Investor relations The process by which the corporation communicates with its investors. . And that means better business." Using industry standard OLE technology, virtually any software object, including Microsoft Office Microsoft's primary desktop applications for Windows and Mac. Depending on the package, it includes some combination of Word, Excel, PowerPoint, Access and Outlook along with various Internet and other utilities. , LotusNotes, CorVu - or other business intelligence applications - may be incorporated into CorPortfolio. These `portfolios' may be printed or viewed online - on either the desktop or the web. CorPortfolio integrates reports, spreadsheets, graphs, commentary and documents for effective communication of performance results. It is designed to enable organizations to maximize the return from investments in business intelligence, document management, collaborative communication and knowledge management technologies. "Although most organizations have made some attempt to standardize both their data sources and data analysis/reporting tools, they still employ a wide variety of each, said Phillip Russom, Director of Business Intelligence at Hurwitz Group. "This makes the job of compiling executive reports much more complex. It is often difficult to establish an accurate, consistent interpretation and understanding of information. CorPortfolio combines business intelligence and desktop publishing desktop publishing, system for producing printed materials that consists of a personal computer or computer workstation, a high-resolution printer (usually a laser printer), and a computer program that allows the user to select from a variety of type fonts and sizes, techniques to allow users to bring all of their information and reporting objects together, no matter where they originate." Pricing and Availability CorPortfolio is scheduled to begin shipping in June of 2000 and will be priced at $1,000 (US) per user. About CorVu Corporation CorVu is a global provider of Enterprise e-Business Performance Management 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. CorVu solutions have helped thousands of companies merge business vision, shrewd industry and competitive analysis, and the right measurements to enable effective execution of strategy. Providing solutions designed to assist in efficiently allocating resources, strengthening competitive capabilities, installing strategy-supportive policies and managing core competencies A core competency is something that a firm can do well and that meets the following three conditions specified by Hamel and Prahalad (1990):
More than 2500 customers, including companies such as American Express American Express (NYSE: AXP), sometimes known as "AmEx" or "Amex", is a diversified global financial services company, headquartered in New York City. The company is best known for its credit card, charge card and traveler's cheque businesses. , British Airways British Airways in full British Airways PLC International passenger airline based in London. In 1936 British Airways Ltd. was founded through the merger of three smaller airlines. , Mincom, Prudential, Ford Motor Company, Sara Lee
Sara Lee Corporation (NYSE: SLE) is a global consumer-goods company based in Downers Grove, Illinois, USA. , and Star-Kist Foods, have selected CorVu's Enterprise Business Performance Management and Balanced Scorecard solutions. For more information, please visit www.corvu.com or call 800 610-0769. Note: CorVu is a registered trademark of CorVu Corporation. |
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