Crystal galvanises position as reporting powerhouse.
Since then, the company has aggressively ramping up its move beyond the client-based reporting segment and into the mainstream of enterprise business intelligence software. Central to those efforts was the launch of Crystal Enterprise in March 2001. That provided a server-centric platform for data analysis, building reports of all levels of sophistication, and the delivery of these over the web to hundreds or even thousands of relevant users - either internal or external to the organisation. Alongside that the company also offers Crystal Analysis, an interrogation tool for multi-dimensional data based on the Holos online analytical processing (OLAP) product set the company acquired in 1997.
Crystal Enterprise puts the company in head-to-head competition with other specialists in enterprise reporting, most notably Actuate and ProClarity, as well as broader BI software players - Business Objects, Brio, Cognos, Information Builders and others - with strong reporting technologies.
Unlike many of these rivals, Crystal has a distinct Windows focus - and it has a massive install base (of five million users) into which it can sell Enterprise. Since 1994, a custom version of Crystal Reports has shipped for free with Microsoft's Visual Basic/Visual Studio development's toolkit.
Certainly the restructuring of the company is showing positive results. During the three months to the end of March, revenues rose 28% to $56.2 million - a pace well above its direct rivals and one which, if sustainable, will put it within reach of BI market leaders Cognos and Business Objects within the next two years.
Company: Crystal Decisions
Main product: Crystal Enterprise, Reports, Analysis
CEO: Greg Kerfoot
HQ: Palo Alto, California
Status: Privately owned by a consortium of private investors led by Silver Lake Capital and Texas Pacific Group.
Key financials: Revenues for the year to 29 June 2001 rose 32% to $167 million. Net income figures not disclosed.
Key competitors: Actuate, ProClarity, Brio
Infoconomy opinion: Since freeing itself from Seagate Technology, Crystal Decisions has used its historical strength in reporting software to firmly established its position in enterprise business intelligence. Leveraging its massive install base of Crystal Reports, the company is finding strong demand for Crystal Enterprise, its server-based analysis platform for delivering reports over the web.
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|Title Annotation:||Crystal Decisions Inc.|
|Publication:||Information Age (London, UK)|
|Article Type:||Brief Article|
|Date:||Jun 10, 2002|
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