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Kalido Growth Fueled by Leading Companies; Multinational Organizations Power Strategic Corporate Initiatives with Kalido's Enterprise Information Management Software.


BURLINGTON, Mass. -- Kalido, a provider of strategic information management solutions, announced today that companies around the world continue to select Kalido's unique software as a strategic component of their information architecture. In the first half of 2006, Kalido added more than twice the number of new customers as it did during the same period in 2005. With Kalido, customers are improving sales and marketing analysis, accelerating consolidation of corporate and financial master data, increasing corporate performance accuracy and financial reporting visibility, and enhancing compliance and governance across the enterprise.

Kalido signed new or expanded agreements with global organizations including British American Tobacco British American Tobacco Plc (LSE: BATS, AMEX: BTI, KLSE: BAT) is the second largest listed tobacco company in the world. It is based in London, England and is a constituent of the FTSE 100 Index with a market capitalisation of over £29 billion as of June 2005.  Belgium, Fannie Mae Fannie Mae: see Federal National Mortgage Association. , Federal Home Loan Bank of New York The Bank of New York, abbrieviated to BNY, was a global financial services company that existed until its merger with the Mellon Financial Corporation on July 2, 2007.[1] The bank now continues under the new name of The Bank of New York Mellon Corporation. , Great American Financial Resources, Inc., Imperial Tobacco Group PLC, the International Monetary Fund, Steamship steamship, watercraft propelled by a steam engine or a steam turbine. Early Steam-powered Ships


Marquis Claude de Jouffroy d'Abbans is generally credited with the first experimentally successful application of steam power to navigation; in 1783 his
 Insurance and Wyeth Pharmaceuticals. Existing customers including Allied World Assurance Company and Nationwide Insurance formally rolled out new information management projects. Furthermore, one major customer successfully implemented and deployed a significant 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. ) solution from Kalido in less than 90 days.

"The importance of Enterprise Information Management continues to increase as more enterprises recognize what a valuable asset information can be," said Andrew White Andrew White may refer to:
  • Andrew Dickson White, American diplomat, author, and educator
  • Andrew White (cricketer)
  • Andrew White (musician), of the Kaiser Chiefs
  • Andrew White (missionary), Jesuit missionary
, research vice president at Gartner. "EIM EIM Enterprise Incentive Management
EIM Enterprise Information Management
EIM Enterprise Identity Mapping (IBM)
EIM Enterprise Instant Messaging
EIM Employee Internet Management
EIM European Institute for the Media
 is not an IT strategy. EIM is a business-oriented program that enables organizations to manage data differently in order to dynamically re-use information assets - assets that may previously have been confined to a single application or function - to drive value in all kinds of customer-, enterprise- and supplier-facing business processes. With EIM, business managers cease to be just a consumer of data and start to take more direct control in the management of critical business information."

"Every company, regardless of size, is grappling with how to improve access to their corporate data," 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 (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 Kalido. "Kalido delivers the ability for business users to define their views of data in business terms rather than technical terms. With accurate, consistent and accessible information, our customers can make strategic decisions about their business that have a direct and positive impact on operating results."

About Kalido

Kalido delivers software for managing enterprise information that can adapt to business change in real-time. By dramatically enhancing visibility into corporate performance on a global basis, Kalido customers have experienced significant improvements in both top and bottom line performance. Kalido's innovative, patented software provides customers with the ability to dynamically view the impact of business changes in business terms, resulting in faster, better decision making throughout the enterprise. Kalido software can be deployed at a fraction of the cost of traditional information management methods.

Kalido is backed by Atlas Venture, Benchmark Capital and Matrix Partners, and headquartered in Burlington, Mass.

More information about Kalido can be found at: http://www.kalido.com.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Aug 22, 2006
Words:457
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