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‘The Corporate Standard for Business Intelligence’
Enhanced BI Solution Empowers Workers and Improves Customer Relationships
in Increasingly Data Rich Business Environments

London, UK – February 5 2003 – The growing popularity of corporate performance management (CPM) solutions together with the proliferation of mandated requirements for real-time information sharing make the need to access and analyse mission-critical data ever more important to the successful running of corporate enterprises and government agencies. This is why Information Builders, the leader in enterprise business intelligence and real-time web reporting, has today launched a new version of its flagship enterprise business intelligence solution, WebFOCUS 5. With enhanced scalable architecture, query and analysis, financial reporting, open information delivery and management, open development, and closed-loop business intelligence, WebFOCUS 5 marries the company’s strengths in real-time information delivery with advanced integration technologies. The result is unparalleled scalability and a true CPM solution.

Built on industry-leading architecture, WebFOCUS 5 is the first business intelligence suite to integrate information from all corners of the enterprise, making it instantly accessible to users in a way they can easily interpret, using familiar, intuitive tools and utilities. Corporations gain a competitive edge by extending business intelligence to customers, suppliers, and partners, while government agencies and public-sector users can more efficiently meet stringent reporting and information-sharing requirements.

“Information is the driving force behind effective decisions, making it the single most strategic asset an organisation possesses,” said Gerald Cohen, president of Information Builders. “Our corporate mission is to harness the power of the Web and our proprietary technology platforms to give users every opportunity to maximise operations, proactively address potential problems, and meet regulatory and legislative demands.”

Industry analyst firm International Data Corporation (IDC) predicts that Fortune 500 companies will lose a total of £19.1billion due to their inability to access information quickly and efficiently. Yet, rather alarmingly, according to industry analysts the Yankee Group, the sheer amount of data a company manages is growing at a rate of 200 percent per year.

These statistics are prompting organisations to deploy enterprise business intelligence solutions, fueling an expected £4.5 billion in business intelligence-related investments by the year 2006, according to IDC. It is in recognition of this trend that Information Builders designed WebFOCUS 5, to protect existing technology investments, minimise support and maintenance costs, and deliver measurable ROI.

WebFOCUS 5 is the only solution built for the Web from the ground up, so applications can be immediately deployed to the Internet, intranets, and extranets. WebFOCUS 5 protects IT investments by delivering the most scalable platform of any business intelligence offering available today. Termed “three-way scalability” WebFOCUS 5 has been built specifically to:

Address future growth via expansion capabilities that support up to hundreds of thousands of users

Create more types of applications such as analytical applications for advanced users, operational reporting systems for all knowledge workers, scorecard applications for executives, and self-service applications for external users

Satisfy a wider variety of information consumers – from developers and analysts to managers, employees, customers, and external business partners

“Businesses need a real-time snapshot of their organisation to assess how well they’re doing and quickly identify underperforming areas,” said Jim Irving, UK managing director of Information Builders. “With WebFOCUS 5, organisations can align processes to strategy, and achieve complete visibility into activities by turning enterprise data into key performance indicators that can be monitored and measured in real time by decision-makers at all levels.”



About Information Builders

Information Builders is the leader in enterprise business intelligence and real-time Web reporting. The company's WebFOCUS product – the industry's most secure and flexible – meets all the reporting needs of the extended enterprise, ranging from analysts to power users to the widest deployments for hundreds of thousands of users. WebFOCUS' empowerment of organisations seeking to leverage all their data by accessing it all – from legacy to data warehouse – is unmatched.

Information Builders' award-winning technology has successfully provided quality software and superior services for 27 years to more than 11,000 customers, including most of the Fortune 100 and U.S. federal government agencies. Headquartered in New York City with 90 offices worldwide, the company employs 1,900 people, has over 350 business partners, and generated revenues exceeding $300 million in 2001. For more information, visit http://www.informationbuilders.com


Press Contact:

Magdalen Bush/Sonia Panchal

Citigate Communications

Tel: 020 7535 9955/54

Fax: 020 7535 9998

email: magdalen.bush@citigatec.co.uk/sonia.panchal@citigatec.co.uk

Donna Land

Information Builders

Tel: 020 8982 4700

email:donna_land@ibi.com



This press release was distributed by ResponseSource Press Release Wire on behalf of Citigate Communications (London) in the following categories: Consumer Technology, Personal Finance, Business & Finance, Computing & Telecoms, for more information visit https://pressreleasewire.responsesource.com/about.