Business Objects (Nasdaq:BOBJ)(Euronext Paris ISIN code:
FR0004026250 - BOB), the world’s leading
provider of business intelligence (BI) solutions, and SPSS
(Nasdaq:SPSS), a worldwide provider of predictive analytics software,
today announced the companies have entered into an original equipment
manufacturer agreement in which Business Objects will offer its
customers the ability to use SPSS predictive analytics data mining
technology as part of the market-leading BusinessObjects™
XI platform. Users of BusinessObjects XI with predictive analytics data
mining technology will be able to leverage business predictions to make
more informed decisions that can help generate revenue, control
expenses, and mitigate risk.
Predictive analytics technology helps individuals explore past and
present business scenarios, as well as uncover trends and identify
outliers, to project future outcomes. For example, a consumer goods
sales executive could review historical sales of plasma televisions
within different geographies and quickly mine the data for interesting
patterns such as anomalies, trends, or relationships that would indicate
untapped potential revenue sources - all
without having to ask an expert for help. This new information could be
used to reallocate sales resources to better take advantage of the
opportunity, ultimately helping the company gain competitive advantage
and increase revenue while reducing costs.
"Business Objects has been a pioneer in
delivering business intelligence to all users within the organization so
they can gain accurate and timely insight and make informed decisions
quickly,” said Juliette Sultan, vice president
of Information Discovery and Delivery at Business Objects. "This
move to offer predictive analytics as an integral part of our
BusinessObjects XI platform is yet another example of our ongoing
innovation and market leadership.” "This is truly a market-shaping agreement,
validating the increased interest –
enterprise-wide – in the value of predictive
analytics technology,” said Patrick McCue,
SPSS vice president of global alliances. "Together,
we will be providing companies with greater access to predictive
analytics as a leading-edge competitive tool within the business
intelligence framework.” 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.
About SPSS Inc.
SPSS Inc. (Nasdaq:SPSS) is a leading global provider of predictive
analytics software and solutions. The company’s
predictive analytics technology improves business processes by giving
organizations forward visibility for decisions made every day. By
incorporating predictive analytics into their daily operations,
organizations become Predictive Enterprises —
able to direct and automate decisions to meet business goals and achieve
a measurable competitive advantage. More than 250,000 public sector,
academic, and commercial customers rely on SPSS technology to help
increase revenue, reduce costs, and detect and prevent fraud. Founded in
1968, SPSS is headquartered in Chicago, Illinois. For additional
information, please visit www.spss.com.
Business Objects and 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.