Abbott Laboratories Honored by Ventana Research for Kalido Project With 2008 Information Technology Leadership Award

Market Wire, October, 2008

 -- Kalido ( www.kalido.com ), the active information management company,
    congratulates Abbott Laboratories for winning the Ventana Research
    2008 Overall Information Technology Leadership Award for its
    international sales data BI system, which is based on the Kalido
    Information Engine.
 -- The annual award is presented to those companies that have
    leveraged business intelligence (BI), location intelligence,
    operational intelligence or information management technology for
    business advantage.
 -- The BI system provides Abbott managers with a single version of the
    truth that they can use to secure quick, accurate, easy-to-understand
    answers to business questions -- questions that, at Abbott, constantly
    evolve and change.
    -- Abbott's managers can quickly view reports on Key Performance
       Indicators (KPIs), product profitability and finances.
    -- Business managers can use the system to look at sales by financial
       metric, by location, by currency and by product.

Impact and Results

--  The new BI system allows Abbott's managers to view their business in
    historical, current and future contexts, enabling them to identify which
    products are providing the most top-line growth, and adjust their business
    strategy based on this intelligence.
--  Abbott managers can use the system to review performance against
    investment in emerging markets and generic drug strategies, helping them
    make better investment decisions.
--  It now takes only two weeks to reconfigure the system to address a
    major business change (acquisition, reorganization, etc), while in the past
    it would take four months or more. Moreover, the system is now able to able
    to deliver management reports in 70% less time.
--  The IT department now devotes fewer resources to reconfiguring the
    system when Abbott's business changes.
--  The system's flexibility means that it can be quickly adjusted to
    respond to changes in Abbott's dynamic business environment.
    

Quotes

Peggy Mathias, manager HQ IT applications for Abbott Laboratories, said:

--  "Abbott's competitive position in the global market relies on the
    single version of the truth for sales and margin information. Our business
    agility is reflected by how fast we can analyze data to make the right
    decisions for the company. Our Kalido-based BI system enables our
    organization to keep information accurate and up to date in order to
    deliver reports in less time to ensure that the content represents the
    evolving business."
    

Mark Smith, CEO & EVP Research, Ventana Research, said:

--  "Achieving successful deployment of information technology requires
    organizations that can make the most of their investment, and deliver
    insights to advance business. Abbott Laboratories utilizing Kalido was able
    to provide critical sales and financial information and metrics in a
    consistent manner."
    

Bill Hewitt, president and CEO of Kalido, said:

--  "Abbott is an example of large enterprises unlocking the potential of
    BI and maximizing its business benefits. We are proud of working with one
    of the most visionary teams in the health care segment. Their approach to
    business intelligence and data management is a shining example of how
    companies can deliver better BI for their business."
    

About Kalido

Kalido delivers active information management for business. Developed through years of successful best practice implementations, Kalido's robust, business-model driven information management engine automatically feeds information to end users through their BI tools, making them more productive far more quickly and reducing internal costs. With Kalido, users never again have to wait for months to answer fundamental questions about business performance -- which products are selling, which customers are profitable, and which markets are most promising.

Kalido software is implemented at over 250 locations in more than 100 countries with market leading companies. More information about Kalido can be found at: http://www.kalido.com .

About Ventana Research

Ventana Research is the leading benchmark research and advisory services firm. Unparalleled insights and best practices guidance are based on our rigorous, research-based benchmarking of people, processes, information and technology across business and IT functions worldwide. To learn how our benchmark research and assessment and advisory services can improve your organization's performance, visit www.ventanaresearch.com .

Media contacts: For Kalido (US): Jason Brown Horn Group, Inc. 1 646 202 9759 kalidoteam@horngroup.com For Kalido (UK): André Labadie / Sam Kane Brands2Life 44 20 7592 12 00 kalido@brands2life.com

 

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