Business intelligence (BI) vendor Alchemex (Pty) Ltd announced today that Sage North America has selected Alchemex as a BI OEM partner to provide an integrated BI offering for Sage North American business management solutions.
The OEM agreement strengthens the position of Alchemex as a leading South African-based BI software developer, enabler and support-provider of easy and accessible Excel-based business reporting software for small to mid-market enterprises.
Alchemex Sales Director, Steve Coull, said: “To be chosen by Sage as a BI integration partner is a defining moment for Alchemex as it has been our goal for many years to break into the North American software market.”
Gary Boddington, CEO of Alchemex, said: “The OEM agreement is particularly significant because integrated BI solution adoption rates are far higher than third-party product scenarios. Alchemex has been providing integrated Excel financial reporting for small to mid-market businesses for a number of years and has found the OEM model to be the most successful in terms of market penetration.
“Sage North America has now extended that market for us and together we will be making automated financial reports available for Sage North American business management software users. Our mutual customers will be able to draw data on demand directly from a Sage system into a number of pre-defined Excel report templates, making BI both easy and accessible.”
Boddington attributes Sage's selection of Alchemex as an OEM partner to two main factors: “We have a very clear understanding of SMME market needs and we are a young, entrepreneurial company that strives for excellence. We pride ourselves on our rapid turnaround times, enthusiasm and our whole product offering, with our BI community (http://www.alchemex.ning.com/), e-learning Academy (http://www.alchemexacademy.com/) and Partner Programme (http://www.alchemex.com/FindABusinessPartner.aspx) adding tremendous value to partners and customers alike. Our team is focused on delivering cutting-edge BI products for Sage and is proud to be associated with this market-leading software vendor.”
Sage Accpac Intelligence (SAI) launched in North America as part of the Sage Accpac v5.6 and is the first Sage North American product to feature the Alchemex BI solution. SAI is available in Australia, Africa, Asia and the Middle East.
Charles Teversham, Director of SMME Integrations, said: “I was so encouraged by the reception that SAI has received, with business partners stating that our solution is appropriate for 80% of their market. This is the right product for the mid-tier market.”
Teversham is excited about the revenue potential that this offers in 2010: “Being able to provide an integrated BI solution for Sage users bodes well for our 2010/11 financial year.”
Boddington sees the global OEM agreement as the catalyst for the rapid adoption of Alchemex's BI software worldwide. He elaborates: “Sage is a globally respected brand with a reputation for world-class solutions, and we are relishing the opportunity of working with them to provide powerful yet simple business intelligence to their installed bases.”
Share