Business Services Industry
Business Objects Positioned in the Leaders Quadrant of Business Intelligence Platform Magic Quadrant
Business Wire, Jan 29, 2007
SAN JOSE, Calif. & PARIS -- Business Objects (Nasdaq:BOBJ)(Euronext Paris ISIN code: FR0004026250 - BOB), the world's leading provider of business intelligence (BI) solutions, today announced that it has been positioned in the Leaders quadrant in Gartner Inc.'s latest Business Intelligence Platform Magic Quadrant, published this week1. According to Gartner, "leaders" are vendors who are performing well today, have a clear vision of market direction, and are actively building competencies to sustain their leadership position in the market.
Related Results
As the first business intelligence provider to break the billion-dollar revenue milestone, Business Objects continues to strengthen its market position by expanding its product line to complement its core BI platform. In addition to traditional query, reporting, and analysis solutions; Business Objects offers budgeting, planning, and consolidations applications, as well as data integration and data quality products to provide the industry's most advance and complete BI platform. In 2006, the company saw a significant increase in adoption of BusinessObjects[TM] XI Release 2, which delivers improved simplicity for end users, trusted information across the enterprise, and the ability to standardize on a single BI platform. In addition, Business Objects initiated a focus on the mid-size market, launched a new software-as-a-service solution, and expanded its professional service offerings - each of which strengthened the company's position in the market and provided further differentiation from other BI vendors.
Customers around the world continually praise Business Objects for its innovative technology and clear vision for the future of business intelligence. Organic Valley, the country's largest organic farmer cooperative, is one example of a customer that is gaining significant business benefits from standardizing on BusinessObjects business intelligence solutions.
"By leveraging the Business Objects BI platform, we have been able to quickly consolidate data from our ERP and financial systems to gain more accurate and timely visibility into our business," said George Neill, IT director at Organic Valley. "With Business Objects, Organic Valley has been able to turn raw data into useful information to make more strategic decisions that have helped us grow our business and compete more effectively with much larger food and dairy companies."
"We have been inspired by customers to continue to innovate and expand the scope of our business intelligence solutions," said John Schwarz, CEO of Business Objects. "As a global leader in the business intelligence market, we have put further distance between ourselves and the competition by embracing data integration and data quality software, and by enabling dynamic enterprise performance management. Business Objects is now focusing on a next generation of business intelligence, developed to transform the way our customers work in the Web 2.0 world."
For more information about Business Objects solutions, please visit http://www.businessobjects.com/products.
> About the Gartner Magic QuadrantThe Magic Quadrant is copyrighted January 26, 2007 by Gartner, Inc. and is reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the "Leaders" quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
About Business Objects
Business Objects is the world's leading business intelligence (BI) software company, with more than 39,000 customers worldwide, including over 80 percent of the Fortune 500. Business Objects helps organizations of all sizes create a trusted foundation for decision making, gain better insight into their business, and optimize performance. The company's innovative business intelligence suite, BusinessObjects[TM] XI, offers the BI industry's most advanced and complete solution for performance management, planning, reporting, query and analysis, and enterprise information management. BusinessObjects XI includes the award-winning Crystal line of reporting and data visualization software. Business Objects has also built the industry's strongest and most diverse partner community, and offers consulting and education services to help customers effectively deploy their business intelligence projects.
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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