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Teradata and DecisionPoint Software to Deliver Financial Performance Management Solutions Worldwide

Posted on: Monday, 17 May 2004, 06:00 CDT

Teradata, a division of NCR Corporation (NYSE:NCR), and DecisionPoint(R) Software, a provider of financial performance management software, today announced an alliance to deliver world-class finance analytics to global enterprises.

Under this global alliance, the DecisionPoint solution has been integrated with Teradata's data warehouse and high-performance database technology. This joint solution - currently being implemented at a major marquee retailer - will enable companies to report, monitor and analyze the financial results of operational activities from across the enterprise.

DecisionPoint's combination of intelligent sourcing from enterprise resource planning and related systems, pre-built, finance-centric data models and integrated analytic environment will also help companies quickly maximize the business value from existing or planned Teradata(R) Warehouses.

"More than ever before, financial transparency is critical for long-term organizational survival. Integrating financial data with customer and operational data allows companies to analyze the underlying operational drivers of financial results, giving business owners actionable information," said Bob Fair, chief marketing officer for Teradata. "The DecisionPoint and Teradata solution pulls financial data into the data warehouse in near real time, enabling faster and more comprehensive analysis to ensure financial compliance, improved decision-making and reduced risk.

"We are extremely pleased to have our software integrated with Teradata, the industry's leading data warehouse provider," said Bart Foster, president of DecisionPoint Software. "This alliance will benefit the marketplace by providing a joint solution that can seamlessly improve access and control over enterprise financial information and automate financial processes in even the most complex organizations."

"At a time when most business intelligence and analytics vendors are focused on expanding their positioning and offerings into the wider business performance management market, there is still a requirement to focus on core finance-centric analytics that every company needs, although they may not know it yet, as many are in the midst of Sarbanes-Oxley Section 404," said John Van Decker, vice president, META Group. "The emerging applications space - financial performance management - coupled with a strong underlying data warehouse platform should be leveraged to enable this analysis to ensure performance and optimize compliance initiatives, including compliance-focused dashboards."

The integration of DecisionPoint technology and the Teradata data warehouse is complete and generally available for purchase today.

About DecisionPoint Software

DecisionPoint Software provides financial performance management software that enables organizations to monitor, analyze and report on financial performance throughout the enterprise. DecisionPoint's solution centralizes both financial data and finance-centric operational data to improve decision-making across the full range of business functions including finance, distribution, human resources and manufacturing. Using intelligent sourcing, a finance-centric data warehouse and an integrated analytic and reporting environment, DecisionPoint can get companies up and running with a strategic business intelligence solution in eight weeks or less. Global 2000 companies using DecisionPoint include Albertsons, British Telecom, Sony, Quantum and Imation. Founded in 1996, DecisionPoint is headquartered in San Mateo, California with international offices in Maidenhead, United Kingdom.

About Teradata Division

Teradata, a division of NCR Corporation (NYSE:NCR), is the global technology leader in enterprise data warehousing, analytic applications and data warehousing services. Organizations around the world rely on the power of Teradata's award-winning solutions (www.teradata.com) to get a single, integrated view of their business to enhance decision-making, customer relationships and profitability.

About NCR Corporation

NCR Corporation (NYSE:NCR) is a leading global technology company helping businesses build stronger relationships with their customers. NCR's ATMs, retail systems, Teradata(R) data warehouses and IT services provide Relationship Technology(TM) solutions that maximize the value of customer interactions and help organizations create a stronger competitive position. Based in Dayton, Ohio, NCR (www.ncr.com) employs approximately 28,900 people worldwide.

NCR and Teradata are trademarks or registered trademarks of NCR Corporation in the United States and other countries.

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