Business Services Industry

Data formula. (Formula Technologies in data warehousing joint venture with Business Objects)

Israel Business Today, August, 1995

Formula Technologies is to venture into the data warehouse field as a result of its selection as the exclusive representative of U.S.-based advanced retrieval product developer Business Objects. Formula Technologies' managing director, Ze'ev Zilber, said that data warehouse systems are a new concept in the field of data analysis and processing and are used to provide decision-makers and company executives with real-time, accurate information.

Zilber expects the new venture to double the company's income by the end of 1996.

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