Contact Information: Press Contacts: Kathleen Moran Information Builders (917) 339-6313 Debora Orrico di Russo Tagetik +39 348 5635975
Information Builders Partners With Tagetik to Deliver Corporate Performance Management Solution
Combination of Operational Business Intelligence and CPM Provides the Only Fully Integrated, Real-Time Reporting, Planning, and Forecasting Solution
| Source: Information Builders
NEW YORK, NY--(Marketwire - January 8, 2009) - Information Builders, the independent leader
in operational business intelligence (BI) systems,
today announced the availability of a corporate performance management
(CPM) solution for enhanced measurement, planning, and reporting.
Information Builders developed the single-platform solution with Tagetik, a
global provider of CPM and financial governance solutions, to deliver the
most sophisticated, enterprise-wide system available today to help
enterprises accelerate and improve corporate and operational
decision-making.
Information Builders partnered with Tagetik because of its comprehensive
understanding of CPM, its extensive built-in functionality, and rapid
integration into the WebFOCUS Performance Management Framework (PMF).
Customers will benefit from the single architecture of the solution, making
it easy to deploy, manage, and use. The combination of Tagetik's
executive-level reporting and Information Builders enterprise BI
capabilities means financial services firms will have a single solution to
enhance their financial reporting, planning, forecasting, and corporate governance.
Pierluigi Pierallini, CEO, Tagetik, said, "The combination of Information
Builders WebFOCUS Performance Management Framework and Tagetik's CPM
provides users with operational performance indicators with advanced
planning and forecasting capabilities in one easy-to-deploy, -manage, and
-use solution. The solution automatically updates the financial position of
the business with real-time data so that executives and managers can
report, plan, and forecast more accurately. We are excited by this
partnership and believe it offers customers the best solution available
today."
"Customers often require two solutions, an executive dashboard and an
operational system to manage their performance management requirements,"
said Gerald Cohen, CEO, Information Builders. "The partnership between
Information Builders and Tagetik is bringing together two independent,
best-in-class vendors to solve a major challenge for many financial
services firms. In today's economic climate, the need to plan, forecast,
and report more accurately for better decision-making has never been more
acute, and our combined offering is the optimal solution."
The partnership is a worldwide strategic initiative for both companies.
Information Builders and Tagetik will conduct training and joint sales and
marketing initiatives in North America, EMEA and Asia-Pac. While initially
developed for the financial services industry, Information Builders and
Tagetik are now investigating opportunities to establish other
industry-specific solutions.
About Tagetik
Tagetik helps CFOs and CIOs simplify complex business processes.
A complete financial closed-loop software for Performance Management and
Financial Governance that unifies key processes and applications -- ranging
from planning & consolidation to strategy management, profitability
modeling, statement reporting, working capital analysis and ICT performance
management -- thanks to "built-in" processes, applications and
reconciliations.
Tagetik CPM is a reliable and scalable solution to manage and control
overall performance, support compliance initiatives, harmonize different
views of critical financial data and enable maximum visibility down to
business transactions. Since the software leverages best-of-breed,
web-based and cross-platform technology, IT departments can future-proof
their existing ERP, BI and infrastructure investments for up to 50 percent
reduction of the total cost of ownership (TCO).
Tagetik employs over 300 experts in Italy and abroad with offices in United
States, France, Austria, Germany, Portugal, Spain, South East Asia,
Switzerland, The Netherlands, UK & Ireland. Tagetik shares their successful
strategy with worldwide and local partnerships and over 350 worldwide
satisfied customers representing all industries including Unicredit Group,
Telecom Italia, Mediaset, Barilla, Gucci, BNL, Altair Engineering, Houghton
Mifflin Harcourt, Banco Privado Portugues, Talanx AG, Nationale Suisse,
Volex Group, M+W Zander, IFIL, Aries Complex, Astaldi, Costa Crociere.
Visit: www.tagetik.com
About Information Builders
As a leading independent business intelligence (BI) company for the past 30
years, Information Builders has provided innovative solutions to more than
12,000 customers, including most of the Fortune 100 and numerous U.S.
federal government agencies. The company's flagship WebFOCUS product is the
world's most widely used BI platform. Superior architecture and intuitive
nature enables WebFOCUS to address the needs of everyone in the extended
global enterprise -- executive, analytical, operational, and beyond. It
provides the agility to adapt to changing business conditions with the
security, scalability, and flexibility to support dozens to millions of
users.
Unique to the company is the integration expertise it brings to the BI
market. Information Builders iWay Software suite solves complex integration
problems with pre-built components that require minimal custom programming.
The award-winning combination of WebFOCUS and iWay gives Information
Builders customers the ability to embrace the company motto: "Everyone
Makes Decisions."
Information Builders is committed to customer service excellence with a
Professional Services division that specializes in building custom
applications using WebFOCUS and iWay Software. Headquartered in New York
City with 90 offices worldwide, the company employs 1,450 people and has
more than 350 business partners. Visit http://www.informationbuilders.com/