Fair Isaac Recognized as Business Rules Management Systems Market Leader.Industry Analyst Report Credits Fair Isaac's Leadership to the Continued Success of its Award-Winning Blaze Advisor A system for adding rules-based processing into an application from Fair Isaac Corporation, Minneapolis, MN, (www.fairisaac.com). Blaze Advisor is a Java-based rules engine that enables Windows, Solaris and OS/390 applications to be more easily revised by making changes in the rules Business Rules Management System in the North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. Market MINNEAPOLIS -- Fair Isaac Fair Isaac Corporation (NYSE: FIC), founded in 1956 by engineer Bill Fair and mathematician Earl Isaac, provides consulting services and enterprise decision management systems. Corporation (NYSE NYSE See: New York Stock Exchange :FIC FIC First International Computer FIC Fogarty International Center (John E. Fogarty International Center for Advanced Study in the Health Sciences; National Institutes of Health) FIC Fellowship for Intentional Community ), the leading provider of analytics and decision management technology, announced today that leading analyst firm IDC has recognized Fair Isaac as the worldwide revenue leader in the Business Rules Management Systems (BRMS BRMS Business Rule Management Systems BRMS Backup and Recovery Media Service BRMS Backup Recovery and Media Services ) software market. In the new IDC report titled "Worldwide Business Rules Management Systems Software 2006-2010 Forecast and 2005 Vendor Shares" (IDC #203627, September 2006), Fair Isaac leads the worldwide BRMS revenue category in 2005 with revenues of $45.1 million, growing a strong 28.6 percent compared to revenues of $35.1 million in 2004. Fair Isaac is ranked as the leader in BRMS market share with 23.9 percent worldwide and 33.4 percent in the key America market. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. IDC, business rules management tools centralize the definition, discovery, storage, and submission of the vast quantity of rules used in business operations to provide organizations with greater automation, more responsiveness to change, and less expensive distribution and maintenance of their business activities. IDC anticipates that revenue for the worldwide BRMS market will continue to grow from its 2005 level of $188.5 million to $455.1 million in 2010, based on "the strong role that business rules management systems will have in building out the application infrastructure platforms." "Business rules management systems are poised to become a common facet of application development," said Stephen D. Hendrick, group vice president for IDC's Application Development and Deployment research group. "Business rules management systems also play a key role in Enterprise Decision Management (EDM (Engineering Data Management) An information system that maintains the details of all engineering data while the product is in the design and concept phase. This includes geometry and changes to geometry. See PLM. EDM - Electronic Data Management ), which combines data analytics, predictive modeling, decision model optimization and policy-level control to help organizations define and manage their automated business systems for improved efficiency and greater profitability." "The IDC ranking reflects the market's continued trust in Fair Isaac's decision management technologies at a time when more businesses are realizing the value of taking a more sophisticated, enterprise-level approach toward their critical decision processes," said William Waid, vice president, EDM Technology and Custom Solutions, Fair Isaac. "Our rules management technology continues to provide a foundation for EDM that is focused on helping businesses reach new levels of agility, consistency and precision in an increasingly complex, competitive and regulated global economy." "Users who choose Blaze Advisor as part of the Enterprise Decision Management suite of products get far greater decision-making capabilities with their rules management," added William Waid. "Predictive modeling and rules management are combined in EDM to give organizations strong analysis and decision-making capabilities to aid in their planning and portfolio management." The latest release of Fair Isaac's Blaze Advisor[TM] business rules management system includes the advanced Rete III inference engine for best-in-class performance within complex, enterprise-class deployments and powerful rules management capabilities. Blaze Advisor BRMS is used by many of the world's leading companies. It is the first rules engine to support Java, .NET and COBOL COBOL: see programming language. COBOL in full Common Business-Oriented Language. High-level computer programming language, one of the first widely used languages and for many years the most popular language in the business community. deployment of the same rules. The multi-platform solution supports Web Services and SOA (1) (Start Of Authority) The first record in a DNS zone file. See DNS records. (2) (Service Oriented Architecture) The modularization of business functions for greater flexibility and reusability. , Java 2 Enterprise Edition (J2EE (Java 2 Platform, Enterprise Edition) A platform from Sun for building distributed enterprise applications. J2EE services are performed in the middle tier between the user's machine and the enterprise's databases and legacy information systems. ) platforms, Microsoft .NET and COBOL for z/OS mainframes. About Fair Isaac Fair Isaac (NYSE:FIC) makes decisions smarter. The company's solutions and technologies for Enterprise Decision Management give businesses the power to automate more processes, and apply more intelligence to every customer interaction. Through increasing the precision, consistency and agility of their decisions, Fair Isaac clients worldwide increase sales, build customer value, cut fraud losses, manage credit risk, reduce operational costs, meet changing compliance demands and enter new markets more profitably. Founded in 1956, Fair Isaac powers hundreds of billions of decisions per year in financial services, insurance, telecommunications, retail, consumer branded goods, healthcare and the public sector. Fair Isaac also helps millions of individuals manage their credit health through the www.myfico.com website. Visit Fair Isaac online at www.fairisaac.com. Statement Concerning Forward-Looking Information Except for historical information contained herein, the statements contained in this press release that relate to Fair Isaac, including statements regarding its Blaze Advisor product offering, and the benefits to be derived from this offering, are forward-looking statements within the meaning of the "safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially, including any unforeseen technical difficulties related to the implementation, use and functionality of the offering, the risks that customers will not perceive material benefits from the offering, failure of the product to deliver the expected results, the possibility of errors or defects in the offering, regulatory changes applicable to the use of consumer credit and other data, and other risks described from time to time in Fair Isaac's SEC reports, including its Annual Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the year ended September 30, 2005, and its quarterly report on Form 10-Q Form 10-Q See 10-Q. for the period ended June 30, 2006. Forward-looking statements should be considered with caution. If any of these risks or uncertainties materializes or any of these assumptions proves incorrect, Fair Isaac's results could differ materially from Fair Isaac's expectations in these statements. Fair Isaac disclaims any intent or obligation to update these forward-looking statements. Fair Isaac and Blaze Advisor are trademarks or registered trademarks of Fair Isaac Corporation, in the United States and/or in other countries. Other product and company names herein may be the trademarks of their respective owners. |
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