Information Advantage Wins DCI/META Group's Excellence in Business Information Award for Second Consecutive Year; DecisionSuite Continues to be Awarded High Honors by Industry Experts.MINNEAPOLIS--(BUSINESS WIRE)--July 29, 1997--Information Advantage, the leading provider of enterprise on-line analytical processing (database) On-Line Analytical Processing - (OLAP) A category of database software which provides an interface such that users can transform or limit raw data according to user-defined or pre-defined functions, and quickly and interactively examine the results in various dimensions (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. ) software, today announced that it has received the 1997 DCI/META Group Excellence in Business Information Award. The award recognizes the implementation of outstanding, successful financial data warehousing See data warehouse. data warehousing - data warehouse , data access and analysis, and decision support applications. Information Advantage is the only company to receive this award for two consecutive years, showing DecisionSuite's ability to scale to very large data warehouses. The award is sponsored by DCI (Display Control Interface) An Intel/Microsoft programming interface for full-motion video and games in Windows. It allowed applications to take advantage of video accelerator features built into the display adapter. in conjunction with Data Management Review, and is co-sponsored by META Group and the International Data Warehouse Association (IDWA IDWA Inter-Divisional Work Authorization IDWA Inter Departmental Work Authorization ). Information Advantage received the award at the DCI Data Warehousing Conference in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. before an audience of over 1,000 conference attendees. "This award recognizes the strength of DecisionSuite's proven scalability for large data warehousing implementations. As the OLAP marketplace continues towards enterprise deployments, industries, like 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. , are requiring OLAP providers to support large, distributed databases A database physically stored in two or more computer systems. Although geographically dispersed, a distributed database system manages and controls the entire database as a single collection of data. ," said Larry Ford, 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. of Information Advantage. "The award validates our ability to support our clients' enterprise OLAP initiatives." "Information Advantage is the only OLAP vendor that continues to prove their success in scaling to support large enterprise-wide data warehousing applications," commented Ron Powell, publisher and executive editor of Data Management Review. "Their client list is impressive and their measurable results can't be denied as proven by their success in winning all the top awards given in the data warehousing industry." Selection Process Award recipients were evaluated on the basis of a standard set of criteria, which included specific business issues solved by company products and/or services, the impact of the solution on the end user organization, the unique technology/methodology utilized, the length of time from implementation to realization of benefits and the return on investment achieved by the customer. In addition to its latest award win, Information Advantage has been recognized with several other industry awards and honors: -0- -- DCI/META Group Excellence in Business Information Award (September 1996, August 1997) -- Data Warehouse Institute's Best Practices (May 1997) -- DB/EXPO RealWare Award (May 1997) Data Warehousing to Provide New Business Opportunities Category -- Retail Network Innovation Awards (May 1997) Data Warehousing Category -- Open Systems Advisors' CrossRoads A List (February 1995 & 1996) AA Rating -- Upside Upside The potential dollar amount by which the market or a stock could rise. Notes: This is basically an educated guess on how high a stock could go in the near future. See also: Bull, Downside Magazine's High Five, Top Hot Private Companies (September 1996) About Information Advantage Information Advantage, Inc. develops and markets DecisionSuite, the world's leading enterprise OLAP software applications and toolset. DecisionSuite, an award-winning solution, allows everyone in the organization to make more informed decisions with advanced business analysis tools, detect and alert agents, liberal sharing of dynamic information for collaborative decision making, and a suite of personalized per·son·al·ize tr.v. per·son·al·ized, per·son·al·iz·ing, per·son·al·iz·es 1. To take (a general remark or characterization) in a personal manner. 2. To attribute human or personal qualities to; personify. applications for executives, professionals, and analysts. Additionally, WebOLAP, an extension of DecisionSuite, gives users the ability to perform OLAP analysis over the World Wide Web. Information Advantage products have been proven in production environments since 1991 across industries such as retail, insurance, healthcare, telecommunications Communicating information, including data, text, pictures, voice and video over long distance. See communications. , government, and manufacturing. For the second consecutive year, Information Advantage is the only relational OLAP vendor on Open Systems Advisor's Crossroads A-List to receive the AA-rating, the highest bestowed. For more information, contact Information Advantage at 612/833-3700 or on the World Wide Web at http://www.infoadvan.com . This news release and additional documents concerning Information Advantage can be found in electronic format on the World Wide Web at http://www.p2pr.com . -0- Note To Editors: DecisionSuite and WebOLAP are trademarks of Information Advantage, Inc. Other products are trademarks or registered trademarks of their respective holders and should be treated as such. CONTACT: Information Advantage, Minneapolis Kay Suneson, 612/833-3700 kay.suneson@infoadvan.com or Phase Two Strategies Carolyn Holck Brown, 415/772-8415 c_holck_brown@p2pr.com |
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