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19.11.2007 14:00

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Business Objects Expands Its Reach in the Mid-Market

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Business Objects (NASDAQ:BOBJ)(Euronext Paris ISIN code: FR0004026250 - BOB), the world’s leading provider of business intelligence (BI) solutions, today introduced the most flexible and powerful planning, budgeting, and forecasting solution designed specifically for the mid-market. BusinessObjects™ Edge Planning gives mid-size businesses access to sophisticated financial tools that help align expenditures with strategic business goals. "Small and mid-size companies often rely on their agility and efficient use of resources to drive competitive advantage,” said Todd Rowe, vice-president and general manager, worldwide mid-market business at Business Objects. "The need to accurately predict future business performance and manage constraints through flexible and adaptable planning processes is critical to the success of these companies. As part of an ongoing commitment to our mid-market customers, our latest offering, BusinessObjects Edge Planning, delivers industry-leading strategic planning and what-if capabilities that will enable finance organizations to predict change and manage the future with confidence.” "Our mid-market customers are always searching for ways to increase their competitive advantage,” said Ranjan Sinha, vice-president of Sales 7 Delivery for Axis Group, a Business Objects solution provider partner. "With the Edge Series, Business Objects provides the benefits of an industrial-strength, enterprise BI suite, at a cost tailored to smaller companies. Armed with the new Edge Planning product, I believe we will be able to offer our clients the financial insight to manage their businesses even more strategically.” BusinessObjects Edge Planning Extends BI Initiatives with Performance Management BusinessObjects Edge Planning complements existing BusinessObjects Edge deployments to deliver comprehensive business intelligence and performance management capabilities for mid-size companies. Key features and benefits of the solution include: Pre-packaged applications for strategic planning, capital planning, payroll planning, productivity management and incentive compensation management ensure fast time-to-value Visual modeling that lets users manipulate projections, instantly illustrating the effect of various business decisions Unified planning, reporting, and analysis that reduce cycle time, enabling faster and more accurate forecasting Standard planning methodologies that allow users to rapidly personalize plans and dynamically add new resources, supporting planning which matches business metrics and goals Availability and Pricing BusinessObjects Edge Planning is generally available from Business Objects and its channel partners. Customers can choose from three pricing packages; starting at $25,000 for 10 users, including first year maintenance, support, and training credits. For additional information on Business Objects solutions for the mid-market, please visit: www.businessobjects.com/grow About Business Objects 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 45,000 organizations 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, 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. 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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