Business Services Industry
Business Objects Announces Data Mining Partnership With Right Information Systems; Leading Decision Support Tools Vendor Partners with Right Information Systems to Provide Customers with Link Between BusinessObjects and 4Tune
Business Wire, May 20, 1996
CUPERTINO, Calif.--(BUSINESS WIRE)--May 20, 1996--Business Objects (NASDAQ: BOBJY), the world's leading provider of integrated query, reporting, and online analytical processing (OLAP) tools, today announced a partnership with Right Information Systems.
Right Information Systems joins Business Objects Open Data Mining Initiative partner program, and Business Objects will provide mutual customers with a link between the companies' two products that will allow customers to launch Right Information Systems' product 4Tune from within BusinessObjects. This link is available immediately, and will be provided through Business Objects to customers at no charge.
One-button integration with Right Information Systems will now make it easier than ever for users to combine the benefits of data mining with the powerful query, reporting, and OLAP abilities of BusinessObjects. Data mining extends customers' decision-support capabilities by helping users to discover hidden trends and relationships in their data and to make predictions using that information.
Right Information Systems' product 4Tune is a Windows 3.1, 95, and NT application that offers analysis and forecasting capabilities. 4Tune enables users to gain insights, explanations and outlooks on critical data. Users typically use 4Tune for sales forecasting, performance benchmarking, marketing and pricing analysis, and cost analysis.
"We are pleased to be partnering with Right Information Systems, and to offer our customers the ability to connect to 4Tune through BusinessObjects," said Bernard Liautaud, president and CEO of Business Objects. "Our partnership will allow customers to take advantage of BusinessObjects for integrated query, reporting, and OLAP, and 4Tune for data mining functions such as modeling and forecasting."
"Business Objects is a recognized leader in innovative data management, so we are delighted to work with them and their customers around the world," said Dr. Richard Hoptroff, president and CEO, Right Information Systems. "4Tune will transform the way people interpret data, dramatically leveraging the high quality and value of BusinessObjects. Partnering with Business Objects enables us to provide our new and existing customers with a best-of-breed solution."
About Right Information Systems
Right Information Systems was founded in March 1990 with the aim of providing state-of-the-art analysis and forecasting technology to business people. It has twelve staff and has offices in Newburyport, Mass., and London, England. It generates US $1M annually from its 4Thought product, intended for business modeling experts, and recently released 4Tune, the modeling and forecasting product for business people without specific statistical skills.
About Business Objects
Business Objects (NASDAQ:BOBJY) is the world's leading supplier of integrated query, reporting, and OLAP tools. The company's flagship product, BusinessObjects, provides mainstream business users with access to information stored in corporate databases, data warehouses, and packaged applications. The company pioneered the market for business-intelligent decision support tools in 1990 by introducing the first product to use a "semantic layer" to map complex database schemas to a business representation understandable by non-technical end users.
Business Objects generated over $60M in revenue in 1995, concluding its fifth consecutive year of more than 100 percent revenue growth. BusinessObjects has been licensed in more than 50 countries to over 2,900 customer sites and 160,000 users worldwide. Business Objects partners with more than 350 leading third-party vendors. More information on Business Objects can be found on the World Wide Web at http://www.businessobjects.com. -0-
Note to Editors: BusinessOjbects is a trademark of Business Objects S.A. Other company and product names may be trademarks of the respective companies with which they are associated.
Inquiries for Business Objects product information should call: 800/527-0580 or contact the company through the Web at http:\\www.businessobjects.com.
See other releases today on Business Objects data mining partnerships.
CONTACT: Business Objects
Tracy Eiler or Miriam Standish, 408/973-9300
or
Blanc & Otus
Danielle Dawson, 415/512-0500
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