Business Objects (NASDAQ:BOBJ)(Euronext Paris ISIN code: FR0004026250 - BOB), a leading provider of business intelligence (BI) solutions, today announced it was cited as a leader in business performance management (BPM) solutions in The Forrester Wave: Business Performance Solutions, Q4 2007 report, published Wednesday, 10 October 2007.
"The Forrester Business Performance Wave report reflects the new depth and breadth of BusinessObjects EPM XI," said Mark Doll, senior vice-president of global services and enterprise performance management at Business Objects.
"Our position as a leader in the market and top score for current offering underlines our commitment to provide a truly differentiated performance management suite to our customers - one which addresses the real business challenges faced by CFOs today."
BusinessObjects EPM XI integrates all enterprise performance management (EPM) data and processes, enabling CFOs, finance departments, and business managers alike to close their books faster and better forecast costs, as well as tackle other critical areas of enterprise performance management.
Built on Business Objects` BI platform, BusinessObjects EPM XI provides a dynamic end-to-end closed-loop EPM system that drives alignment of strategy with operational performance from top to bottom, across departments, and down to the individual contributor, ensuring the entire organisation`s efforts are focused on achieving defined corporate goals.
Forrester notes in its report: "The acquisitions of Cartesis in June 2007 and ALG Software in October 2006 demonstrate Business Objects` strong strategic commitment to its enterprise performance management line of business, adding strong best-of-breed capabilities in consolidations and profitability management, respectively."
On a scale of 1 to 5, Business Objects` current offering, BusinessObjects EPM XI, earned a 4.06, the highest score achieved by companies evaluated in the report. In its evaluation of BusinessObjects EPM XI, Forrester states: "Business Objects offers a leading financial consolidation solution that is well-suited to complex multinational enterprises. Similarly, it offers sophisticated solutions for cost and profitability management and performance scorecarding."
For additional information on Business Objects performance management solutions, visit http://www.businessobjects.com/cfosuite.
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Business Objects has been a pioneer in business intelligence (BI) since the dawn of the category. Today, as the world`s leading BI software company, Business Objects transforms the way the world works through intelligent information. The company helps illuminate understanding and decision-making at more than 44 000 organisations around the globe. Through a combination of innovative technology, global consulting and education services, and the industry`s strongest and most diverse partner network, Business Objects enables companies of all sizes to make transformative business decisions based on intelligent, accurate, and timely information.
Business Objects has dual headquarters in San Jose, California 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.
The Business Objects logo and BusinessObjects are trademarks or registered trademarks of Business Objects in the United States and/or other countries. All other names mentioned herein may be trademarks of their respective owners.
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