Business Services Industry

Kalido Wins Gold with Industry Firsts; Kalido Recognized by Bloor Research for Ability to Manage Complex Hierarchies and Deliver Consistent Views of Organizational Information

Business Wire, July 13, 2006

BURLINGTON, Mass. -- Bloor Research, a leading provider of information technology (IT) research, advisory services and strategic consulting, has chosen Kalido, a provider of strategic information management solutions, as the recipient of its "Gold Award" in the repository category in its 2006 "Master Data Management" report evaluating 15 vendors. Kalido was singled out for its leadership in generic master data management (MDM) and pioneering of many key practices. An excerpt of the report is available at www.kalido.com/bloormdm.> Bloor Research's Master Data Management report highlights the growing emergence of the MDM market due to multiple business drivers, including regulatory requirements, cost containment and corporate performance management. Bloor defines MDM by its ability to improve the consistency, quality and reliability of individual definitions of enterprise objects (e.g. a customer, a product, a supplier, etc.), and establishing that object within its context and relationships to other objects within its type, such as customer hierarchy or product bill of materials.

"Kalido's pragmatic approach to the storage and management of master data and hierarchies in any domain for analytics makes it a strong player to consider for organizations with heterogeneous environments that are struggling to gain a consistent view of their organizational data," wrote Bloor Research Associate Analyst Harriet Fryman in the report. Among other "firsts," the report also acknowledges Kalido as "the first vendor to recognize and tackle the complexity of managing multiple complex master hierarchies."

A key component of the KALIDO(R) solution enables large organizations with diverse operational systems to create, manage and publish a common business language, even as their company undergoes change. By providing consistency in business definitions across business units, departments and/or systems, KALIDO MDM initiatives can dramatically improve the quality of business reporting without the need to completely replace underlying transaction systems.

According to the Bloor report, conventional wisdom indicates that organizations typically have an average of 25 different types of master data to manage. KALIDO manages all master data types, and several KALIDO customers manage hundreds of types as diverse as general ledger structures, human resources data and organizational structures, in addition to the more common "customer," "product" and "supplier" domains. KALIDO solutions also support corporate data governance through robust workflow capabilities, providing the ability to track the history of changes to master data, thereby delivering greater flexibility and granularity in data stewardship programs.

"Companies around the world are struggling with an exploding mountain of corporate data," said Bill Hewitt, president and chief executive officer at Kalido. "With business-focused capabilities like generic business modeling and comprehensive workflow support, our software helps companies control, synchronize and manage the consistency and accuracy of their data for corporate performance and governance - especially throughout periods of rapid change, like restructurings or reorganizations. We are delighted that Bloor has validated our groundbreaking work with this award and plan to continue addressing the needs of our customers and the market as a whole."

About Bloor Research

Founded in 1989, Bloor Research is one of the world's leading IT research, analysis and consultancy organizations - distributing research and analysis to IT user and vendor organizations throughout the world via online subscriptions, tailored research services and consultancy projects.

Bloor Research's research and analysis have been acknowledged by the world's press, other industry analysts and commentators as some of the most authoritative work ever produced on computing and business issues. The accuracy and integrity of our research and its impartial conclusions have earned Bloor Research international acclaim.

About Kalido

Kalido delivers enterprise information management software that adapts to business change in real-time. By dramatically enhancing visibility into corporate performance on a global basis, Kalido customers have experienced significant improvements in both top and bottom line performance. Kalido's innovative, patented software provides customers with the ability to dynamically view the impact of business changes, including reorganizations, mergers and acquisitions, or regulatory requirements, resulting in faster, better decision making throughout the enterprise. Kalido software can be implemented and deployed at a fraction of the cost of traditional information management methods.

Kalido software is installed at over 200 locations in over 100 countries with market leading companies including BP, HBOS plc, Intelsat, Labatt Breweries of Canada, Owens Corning, Philips, Shell Group and Unilever. Kalido is backed by Atlas Venture, Benchmark Capital and Matrix Partners, and headquartered in Burlington, Mass. More information about Kalido can be found at: http://www.kalido.com.

COPYRIGHT 2006 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning
 

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