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Kalido Delivers Most Comprehensive Master Data Management Solution for Improving Data Governance and Corporate Performance.


Latest Release Bolsters Capabilities for Complex Master Data Governance Data governance encompasses the people, processes and procedures required to create a consistent, enterprise view of an organisation's data in order to:
  • Increase consistency & confidence in decision making
  • Decrease the risk of regulatory fines
 Workflows, Custom Validations and Delivers Robust Web Services-Based APIs and Expanded Reporting Options

LAS VEGAS Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States.  -- Kalido, the active information management company, today announced the latest release of its master data management (MDM (Modular Digital Multitrack) An audio recorder that mixes and records multiple tracks of digital audio. The two major MDM technologies are ADAT and DTRS. See ADAT and DTRS. ) product, Kalido MDM 8 Release 3. As the company's third major MDM release, the product contains significant enhancements designed to meet the growing demand for a comprehensive, subject-independent, scalable master data management solution. The new capabilities strengthen Kalido's commitment to deliver an enterprise-wide active information management platform to deliver accessibility, performance and usability for business users regardless of their role, geographic location or systems knowledge.

"The need to provide accurate, consistent and accessible information has driven the market's growing demand for master data management," said Mark Smith, 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.  and executive vice president, research at Ventana Research. "Kalido was an early pioneer in MDM for analytical purposes and has continued to deliver value to their customers, while innovating and improving their products."

In a recent survey conducted by The Data Warehousing See data warehouse.

data warehousing - data warehouse
 Institute (TDWI TDWI The Data Warehousing Institute
TDWI The Doctor Weighs In (website) 
), 83 percent of survey respondents reported that "their organizations have suffered problems due to poor master data. Hence, the vast majority of users attest that MDM problems are real, numerous and severe." (TDWI, "Master Data Management: Consensus-Driven Data Definitions for Cross-Application Consistency," October 2006, by P. Russom)

The significant enhancements in Kalido MDM 8 Release 3 meet the needs of organizations of any size that are challenged with providing a consistent set of information across multiple subject areas, such as products, customers, employees, assets, vendors or financial information, which fuel their reporting tools 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. .

With the new release, Kalido has also drawn upon the substantial experience of its global customer base, many of whom have been using Kalido solutions to deliver MDM programs for more than three years. Customers currently using Kalido to manage master data include BP, Great American Financial Resources, Inc., Labatt Breweries of Canada, Nationwide Insurance, Royal Mail and Unilever.

"With Kalido as an integral component of our information management and data governance program, we're now able to improve accuracy and consistency in the information about our business," said Bobbi Leidenheimer, director of business intelligence at Great American Financial Resources, Inc. "More importantly, we can now begin to act upon the improved information to make better decisions about profitability and performance across our business."

Key features of the new release include:

* Enhanced Workflow - Ability to manage increasingly complex rules and processes demanded by sophisticated data governance and stewardship programs;

* Comprehensive SOA-based API - Programmatic interface Same as API.  that facilitates connectivity to source data, including links to SOA-enabled infrastructures and the ability to deliver master data as Web services (1) Loosely, any online service delivered over the Web. Such usage appears in articles from non-technical sources, but not in IT-oriented publications, because definition #2 below describes the correct use of the term. ;

* Expanded Reporting Options - Business model-driven set of business intelligence reporting The preparation and conveyance of information by any means. More commonly, the term is restricted to reports as they are prepared by the collector and as they are transmitted by the collector to the latter's headquarters and by this component of the intelligence structure to one or more  tables, delivering the ability to easily view and report on any aspect of the master data;

* Dramatically Improved Performance and Scalability - Up to five times performance and scalability improvement in key areas to match growing needs of maturing master data management programs.

"Master data management is top of mind with every CIO CIO: see American Federation of Labor and Congress of Industrial Organizations.


(Chief Information Officer) The executive officer in charge of information processing in an organization.
 around the world," said Bill Hewitt

For other people named Bill Hewitt, see Bill Hewitt (disambiguation).
Foster William Alfred "Bill" Hewitt (1928 – December 25, 1996) was a Canadian radio and television sportscaster.
, president and CEO of Kalido. "We've succeeded in this market by listening to our customers, understanding their business environments and designing flexible, scalable solutions. This new release supports a significant number of best practices, including advanced workflow and sophisticated validation, as well as the ability to easily integrate into an organization's current environment. It's far and away the most robust analytic MDM solution on the market today."

About Kalido

Kalido delivers active information management for business. With Kalido's unique business model-driven technology, decisions are fueled by accurate, accessible and consistent information, delivered in real time, to dramatically improve corporate performance. Kalido software can be deployed at a fraction of the time and cost of traditional information management methods.

Kalido software is installed at over 250 locations in more than 100 countries with market leading companies. Headquartered in Burlington, Massachusetts, Kalido is backed by Atlas Venture, Benchmark Capital and Matrix Partners. More information about Kalido can be found at: http://www.kalido.com.
COPYRIGHT 2007 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Feb 20, 2007
Words:673
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