Business Objects, a leading provider of business intelligence (BI) solutions, has today announced the release of the Business Objects EPM Performance Suite that delivers key enhancements to its enterprise performance management (EPM) product portfolio. EPM Performance Suite includes the integration of ALG Software onto the BusinessObjects XI platform, the introduction of financial performance analytics, and new visualization and data integration capabilities in planning. This suite enables Business Objects to deliver the industry's only fully-integrated business intelligence and profitability solution, and provides a powerful framework for organizations to achieve operational excellence, the company said.
The Business Objects EPM Performance Suite comes with integrated cost and profitability applications that were acquired from ALG Software in October 2006. The integration, which is ahead of schedule, puts the information and insight gained from the industry's leading profitability applications into the BusinessObjects XI platform. This will allow Business Objects customers to put profitability information in the hands of managers via a secure and trusted platform so they are armed with the information they need to impact the bottom line.
"To meet customer expectations for an integrated suite of performance management applications, we set aggressive integration milestones and delivered the EPM Performance Suite at an accelerated pace," said Anthony Reynolds, vice president of EPM at Business Objects. "This release demonstrates our commitment to be the leading performance management vendor to our customers and the marketplace."
With the introduction of Financial Performance Analytics in this release, Business Objects continues its strong focus on delivering new EPM functionality to customers. This application features preconfigured connectors to SAP and Oracle solutions, and allows users to analyze financial information using preconfigured reports, dashboards, and alerts. Financial Performance Analytics helps companies manage risk, monitor compliance, and improve performance by providing immediate, accurate, and trustworthy financial insight with a full audit trail from high-level metrics down to the underlying data.
EPM Performance Suite also delivers new capabilities that allow BusinessObjects Planning to leverage functionality in BusinessObjects Data Integrator and Crystal Xcelsius. These capabilities will enhance the productivity of administrators acquiring data from multiple sources, as well as provide live dashboards for users to interact and see their results before committing on a course of action.
"West Park Healthcare is looking forward to being an early adopter of the EPM Performance Suite's planning capabilities and the new functionality it will provide for dynamically updating dashboards," said J'Neene Hauck, director of finance for West Park Healthcare Centre in Toronto. "The capability to provide individual customized dashboards and view supporting detail will be extremely beneficial for our management team."
Business Objects EPM Performance Suite is complemented and enhanced by new EPM professional services offerings from the Decision Services Line (DSL) within Business Objects Global Services. Thousands of EPM client implementations have driven the development of DSL's Closed Loop EPM Framework and supporting methodology. This deep project experience has also enabled the construction of a vast library of best practices that minimize project risk and bring a new perspective to the field of performance management. These new EPM services are designed to help ensure that every Business Objects EPM project achieves transformational results.
"Bringing together our business intelligence capabilities with our EPM applications delivers a panoramic view of the enterprise," said Mark Doll, senior vice president and general manager of Global Services and EPM at Business Objects. "This release demonstrates our commitment to integrating our EPM product portfolio and providing applications that help organizations take corporate transformation strategies from the business plan to operational reality."
Business Objects EPM
Business Objects EPM is a series of organizational processes and technologies which empower people to execute and optimize business strategy. Business Objects EPM unleashes profit potential by complementing financial information with operational insight to amplify the contribution of everyone within an organization.
About Business Objects
Business Objects has been a pioneer in business intelligence (BI) since the dawn of the category. Today, as the world's leading BI software company, Business Objects transforms the way the world works through intelligent information. The company helps illuminate understanding and decision-making at more than 43,000 organizations around the globe. Through a combination of innovative technology, global consulting and education services, and the industry's strongest and most diverse partner network, Business Objects enables companies of all sizes to make transformative business decisions based on intelligent, accurate, and timely information.
Business Objects has dual headquarters in San Jose, Calif., and Paris, France. The company's stock is traded on both the Nasdaq (BOBJ) and Euronext Paris (ISIN: FR0004026250 - BOB) stock exchanges. More information about Business Objects can be found at www.businessobjects.com.
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