© copyright 2003-2005 www.synergytechnology.co.uk, All Rights Reserved
Business Objects Delivers 40 Percent Year-Over-Year Growth in Data Integration License Revenue with Nearly 100 Customers Transactions in Q1 2005
SAN JOSE, Calif. and PARIS - May 4, 2005 - For organisations worldwide, the ability to deliver trusted information is the foundation for successful business intelligence (BI) deployments. These organizations demand a BI platform that can consolidate and deliver data from multiple locations into a single and trustworthy source of information. To meet this need, more and more organizations are turning to BusinessObjects™ Data Integrator XI, the industry's most productive and scalable enterprise data integration solution for BI. Business Objects (Nasdaq: BOBJ; Euronext Paris ISIN code: FR0004026250 - BOB), the world's leading provider of BI solutions, has demonstrated significant momentum with Data Integrator. Since Q1 2004, Business Objects' data integration products have generated more than $24 million in license revenue. In the first quarter of 2005 alone, Business Objects' data integration business grew 40% year-over-year with almost 100 customer transactions completed in the quarter.
Business Objects is the only vendor that provides a single integrated BI platform that includes best-in-class data integration, reporting, query and analysis, and performance management. Increasingly, organisations are seeking one integrated platform to handle this entire spectrum of BI capabilities, and are selecting BusinessObjects XI as their BI standard. Data Integrator XI provides customers with both information they can trust and the ability to see precisely where the data originated, which are critical for successful performance management and regulatory compliance. Business Objects customers reaping the benefits from Data Integrator include American Capital, Bulldog Communications (part of Cable and Wireless plc), Charlotte Russe, Deutsche Verkehrs-Bank AG, Fannie Mae, General Electric, Haworth, Home Interiors and Gifts, IKB Leasing GmbH, ING, Maxtor, Pepperidge Farm, Profitline, Remedy, Virgin Atlantic, and Vivendi Universal Games.
"Business processes that depend on ETL are increasingly mission-critical. ETL-dependent functions like data warehousing and business intelligence (BI) become mission-critical, in turn making the ETL tool mission-critical," noted Philip Russom, principal analyst at Forrester Research. "ETL and BI pieces from the same vendor will integrate better, with metadata visibility across the whole BI tech stack. By advancing the product and cross-selling it into existing BI customers, Business Objects' Data Integrator product achieved $35 million in 2004. In fact, Forrester Research now recognises Business Objects as a Tier One enterprise ETL vendor." - Demand Is Growing For Traditional and New Uses Of ETL, Forrester Research, Inc., April 2005
"Even the most advanced BI deployment is useless if you can't trust the data," said Rene Bonvanie, chief marketing officer at Business Objects. "Unlike competitors, Business Objects offers an industrial-strength data integration solution that is built right into our BI platform. With our approach, every business user has access to credible and trusted information that empowers them to make decisions that play a hand in improving their company's performance. The days of the pure-play ETL and BI vendors are gone, and an ETL tool is strongest when it's part of a complete BI solution."
Using Data Integrator accelerates BI deployment times, lowers total cost of ownership, and ensures information accuracy for all BI and performance management deployments.
News Source: Business Objects