Consolidation in the SEM/Corporate Performance Management (CPM)Technology Sector

A market report, March 2004

IT software companies have been hit by the recent economic downturn. Manyanalysts are now predicting that this is over, mainly thanks to the upturn incorporate spending on IT. During this time many companies have downsized, somehave restructured. Now many need to keep up with customer demand and believethat they must grow quickly in response to the perception that companies want todeal with a fewer number of large technology suppliers.

The answer so far has been consolidation. Many of market leaders includingHyperion, Comshare and Cognos, and ERP vendors such as SAP and Peoplesoftwere feverishly acquiring during the dot com days. We now appear to be in roundtwo; Oracle’s hostile takeover bid for Peoplesoft being one example.

As with consolidation in any industry, the smaller firms tend to be bought by thelarger companies with the general exception of some niche/specialised players. Notall mergers and acquisitions have conformed to this trend however, with largemarket rivals Peoplesoft acquiring JD Edwards, in part as a action to defend itselffrom take-over from Oracle.

During the first round of acquisitions, it was no longer seen to be good enough justto specialise in one area (e.g. Oracle’s recognition for their database managementsystem). To increase market share, some vendors are increasingly able to offer clientsa wide range of services and modules so they are seen to provide comprehensiveCPM suites and/or provide services over and above the CPM market. In response tothis, Oracle now offer e-business suites and outsourcing among many otherproducts and services, which are also available from many of Oracle’s competitors.

It is also important to note the market space described as SEM in 2000/01, has beencoined CPM by Gartner, the research group. CPM is also synonymous with the termBusiness Performance Management. Gartner describes CPM as an umbrella termthat describes the methodologies, metrics, processes, and systems used to monitorand manage an enterprise’s business performance.

In their October 2002 research ‘Introducing the CPM Suites Magic Quadrant’,Gartner classified four types of vendor within the CPM/SEM area: integratedbusiness application suite vendors, BI vendors, Best-of-breed vendors, and Hybridvendors.

Each of the different types of vendor approach the market in different ways. Theintegrated business application suite vendors (such as Oracle, SAP and Peoplesoft)dominate the transactional environment and now attempt to appeal - to existingcustomers in particular - with business intelligence offerings. These vendors havecreated and are expanding their own offerings to improve the drill down andanalysis of information systems and platforms to produce better reporting. Some ofthe ERP vendors will promote these as Best-of Breed and can fit into CPMarchitecture like the one depicted below:

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CPM/SEM architecture highlighting the BI Analytic Applications

The BI Vendors (such as Hyperion, Cognos, Business Objects) are active in this spaceon the basis that they have an opportunity with their BI software to support keymanagement decision making processes such as planning, reporting andconsolidation. Additionally, they can more widely integrate with the transactionalplatforms and applications that companies have deployed. An example of this isSSA’s CPM suite that incorporates Cognos’s BI suite.

Best-of-breed vendors (such as Cartesis) are finding that the use of CPM/SEMsystems can offer increased opportunities as their applications can support specificmanagement processes although these will have to integrate with third partyplatforms and applications.

The Hybrid vendors, who are not covered in this report also take up a niche positionand are in competition with the BoB vendors. Unlike BoB vendors many of thehybrid vendors have their own technology platform.

Understanding the technology on offer

Broadly, a good way to view vendor products or services is in the context of whetherorganisational data has been pooled using an enterprise resource planning solution.Most companies involved with the CIMA SEM Round Table support decision makingand management processes at an operational level using analytical solutionsplugged into an existing transactional platform such as ERP. No one vendor

Balanced Scorecard (BSC).

ActivityBased

Costing /Management

(ABC/M).

ShareholderValue Metrics.

BenchmarkingTechniques.

Other BusinessIntelligenceAnalyticApplications:

includingData Miningand DataVisualisation.

Data WarehouseExternalDatabasesandInternet.

EnterpriseResourcePlanning

System (ERP).

Other LegacySystems.

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provides technology tools and applications to support operational processes anddecision support at a management level and end user reporting. Specific pointsolutions are used to help organisations with challenges including:

• Improving annual planning and budgeting and developing business planningand forecasting capabilities

• Understanding business cost dynamics• Improving month end management reporting• Customer and market analysis• Better performance measurement based on Scorecard type designs to ensure

measures are linked to strategy and key performance drivers are understood

Our experience from CIMA SEM Round Table discussions is that the benefit of manytechnology tools and point solutions tends to be restricted to improving theeffectiveness in performance management processes involving the followinginformation consumers: front-line workers, management and external stakeholders.Improving information and analysis to facilitate executive decision support is adifferent matter. Poor information for planning, direction setting (particularly interms of managing for value) and forecasting can be put down partly to aninadequate technology architecture. However, improved strategic planning isdifficult where there is a lack of understanding of the type of decision supportrequired at this higher level and where there can be an over emphasis on usinginformation for tracking and control purposes.

Improving executive management decision processes should not operate outside astrategy for the role of the finance function. The ultimate aim of the CPM/SEMtechnologies is to create an environment that has decision support and businessintelligence at its core but the context should be within the specific business problemsthat need to be addressed. This should include defining specific questions at executivelevel and the type of analysis and interpretation to support these.

The technical nature of the CPM/SEM space is summarised in the diagram below:

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Some organisations do not deploy an ERP approach because of a perceived lack offunctionality for some organisational users. Instead, they and deploy the BoBapplications and point solutions for a particular need, for example in budgeting andplanning, HR management, etc.

While some companies feel that they may have a strategic commitment to one ofthe ERP vendors, there are a number of CPM offerings in the market, for examplethe business intelligence (BI) platform and application vendors. The crucial issue forall organisations remains securing the best fit between business need and a vendor’sCPM/BI product offering and that they can integrate with the current enterprisewide ERP/BI information systems architecture if they have one.

A key challenge specifically for organisations with a transactional technologyplatform is understanding and managing the risks involved with integrating anothervendors’ BoB or hybrid application with their own ERP platform. The aim ofcreating a seamless information platform where data analysis is based on the dataintegrity needed for decision support analysis could end to be more expensive andcomplex than anticipated.

The changing nature of the CPM/SEM market

The diagram below shows how the recent acquisitions have broadened companies’product range. The background colour will represent a company’s core product e.g.Peoplesoft’s core product is Human Resource Management. Please Note: The diagram is not to scale and is based on the last five yearsacquisitions as researched from the company’s own website and the Lexis Nexisservice. It should only be used as a guide.

For further information on the SEM/CPM technology sector:

Analytical application systems

Data warehouse

Source systems(internal & external)

Consolidation

Customer profitability Risk analysis

Financial analysis

Activity-based costing

Planning & budgeting

SpreadsheetsVisualisation

Scenario modelling

Balanced scorecardData mining

Text analysis

Two-way communication

Extract, transform& load

Analytical application systems

Data warehouse

Source systems(internal & external)

Consolidation

Customer profitability Risk analysis

Financial analysis

Activity-based costing

Planning & budgeting

SpreadsheetsVisualisation

Scenario modelling

Balanced scorecardData mining

Text analysis

Two-way communication

Extract, transform& load

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• Visit Gartner’s website www.gartner.com

For more information on the types of software tools available for improved analysis: • Try reading Strategic Enterprise Management Systems, Tools for the 21st

Century, Fahy M, CIMA Publishinghttp://books.elsevier.com/uk/accounting/uk/subindex.asp?isbn=1859714943&country=United+Kingdom&community=accounting&mscssid=9X7PSUD4SMT98JPW4CGTU9L5FB5XBCJ5

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The CIMA view of the SEM/CPM Vendor’s recent Acquisitions

Key

Red – Business Collaborative SuiteGreen – Additional Industrial Sector specific softwareOrange – Improvement of Online applicationsTurquoise Blue – Planning and Decision MakingDark Blue – Business IntelligenceBlack – Generalist Yellow – Human Resource ManagementGrey – Geographical Acquisition Purple – ProcurementLight Blue – Supply Chain ManagementWhite – Database supplier

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1 – SAS2 - CorVu3 – Hyperion4 – CODA5 – Geac6 – Business Objects7 – Oracle8 – SSA GT9 – Microsoft Business Solutions10 – Cognos11 – SAP12 – Peoplesoft13 – ALG Software14 – Cartesis

The diagram shows how recent acquisitions have broadened software vendors’product range. The background colour will represent their core product (aspresented on the vendor’s own website) with the exception of MBS, which providesa range of business software. For example, Peoplesoft’s core product is HumanResource Management and they through recent acquisitions have acquiredadditional sector specific software and capability in supply chain management,business intelligence and procurement.

For more information on which companies have acquired who please visit theirseparate page in this section.

Notes to the diagram:

The diagram is not to scale (so does not represent the size of market presence of theacquisition itself) and is based on the last five years acquisitions as researched fromthe company’s own website and desk research. It should only be used as a guide tothe nature of this market and key vendors.

Microsoft Business Solutions has been defined as a generalist because it is the latestentrant to the market, with no clearly defined core aim in the CPM space.

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SAP<www.sap.com>

Company Overview

SAP was formed in 1972, with a vision to produce business collaborativesolutions for all industries.SAP’s headquarters are based in Walldorf, Germany, and has arguably become amarket leader in enterprise wide software. SAP is now the third largest independentsoftware supplier in the world (Reference www.sap.com)

Acquisitions

• Campbell Software (November 1998) The acquisition of Campbell Software has improved SAP’s ability to providesoftware offerings in the Retail Sector.

• PAI Inc (December 2000)SAP acquired PAI Inc to help them develop their own CRM system.

• Infinite Data Structures (May 2001)SAP improved further their CRM & TRM capabilities with the acquisition ofIDS

• Top Tier (May 2001)SAP rounded off a busy month by acquiring the portal software companyTop Tier.

• Top Manage (March 2002)To gain a foothold in the SME market SAP acquired Top Manage.

Current Product Offerings

The mySAP business suite offers a complete jigsaw of product offerings, irregardlessof a company’s size or industry. SAP’s enterprise software suite comprises analyticalapplications, one of which is called SEM.

mySAP Financials

mySAP ERP

Previous Clients Include:

• Bombardier • Christian Hansen• The Coca-Cola Company• Eurotunnel• Royal Mail• Siemens AG• South African Breweries Ltd

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Peoplesoft<www.peoplesoft.com>

Company Overview

Peoplesoft was formed in the mid 1980’s by Dave Duffield & Ken Morriswhen they created their first Human Resources module.Peoplesoft is now the second largest enterprise application provider with a turnover,since its takeover of JD Edwards (Reference www.peoplesoft.com) Acquisitions

• Intreprid Systems (June 1998)Peoplesoft gained the possibility of expanding their customer base with thisacquisition. Intreprid Systems was a retail management solutions specialist.

• Distinction Software (January 1999)Peoplesoft continued their product expansion plans by adding supply chainmanagement company Distinction Software.

• Vantive (February 2000)In an increase of their product base Peoplesoft acquired Vantive, a CRMspecialist.

• Skills Village (May 2001)With the continued development of internet solutions and internet shopping,Peoplesoft acquired Skill Village for its knowledge of E-Procurement.

• Teamscape (September 2002)The acquisition of Teamscape (a Human Resource Management specialist)provided further enhancement to Peoplesoft’s HR expertise.

• JD Edwards (July 2003)The first major acquisition in new acquisition phase has seen Peoplesoft notonly acquire more products but most importantly, larger customers base witha new ability to cross-sell their products.

Current Product Offerings

Peoplesoft have two products lines: Peoplesoft Enterprise and Peoplesoft EnterpriseOne (this encompasses the JD Edwards products that are similar to those ofPeoplesoft). The most relevant product covering the SEM space is Peoplesoft’sEnterprise Performance Management suite.

Previous Clients Include:

• Harris Bank• Sprint

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Oracle<www.oracle.com>

Company Overview

Oracle was formed in 1977 by the infamous Larry Ellison. Oracle was formedto turn the prototype of a relational database that Ellison, Oates, and Milner hadbegun to develop and turn it into a commercially viable product.

Acquisitions

In order to turn from being known just as a database provider into an enterprisewide solution provider, Oracle has used a different acquisition strategy than itscompetitors.

• Thinking Machines Corporation (June 1999)The acquisition of TM Corp helped Oracle continue their work in DataMining, and continuing their battle with the Business Intelligence providers.

• Geodan EDT BV (June 1999)The second completed acquisition in a month saw Oracle increase theirpresence in Europe. Geodan is a scheduling and planning specialist.

• Tinoway International (October 1999)In their second raid on Dutch companies Oracle acquired TinowayInternational, a CRM company.

• Carleton Corp ( January 2000)Oracle’s acquisition of Carleton (an e-business suite company) has giventhem added knowledge into the creation and maintenance of e-businesssuites.

• Expanxion Software (December 2002)This acquisition appears to help Oracle in two ways; it enables them accessinto the automobile market (maybe even more importantly EDI), and alsoimproves their customer base in Europe.

Current Product Offerings

Oracle is primarily a relational database provider, however due to its recentacquisitions it is now able to offer quality business intelligence, integration, ERP andCRM modules.Most of these products are available under their E-Business suite which is their firstenterprise wide system, exploiting web functionality successfully.Oracle also offer outsourcing services including, the outsourcing of disaster recoveryfor its E-business suite (for other outsourcing options please visit (www.oracle.com).

Previous Clients Include:

• Atari• BAE Systems

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• Compass Group• Lloyds TSB• Sony Corporation• University College London Hospitals

Microsoft Business Solutions

Company Overview

Microsoft Business Solutions is a subsidiary of Microsoft Corporation, it enablesMicrosoft to cross-sell their products to people who use their OS system at home,and trust that their business products will be of the same high standard.

Acquisitions

• Great Plains (February 2001)The acquisition by Microsoft of Great Plains has enabled then to increasetheir customer base, as they now have business performance productstailored for the SME market.

• Navision (July 2003)The second acquisition by MBS, purchased to compliment Great Plains.

Current Product Offerings

Microsoft offers many products under their Business Solutions header tocompliment their O/S (in full) and servers, although these are not required to run onall of their products.MBS don’t, unlike other vendors, specialise in any one particular area (e.g. BusinessIntelligence or Performance Management/Measurement). MBS houses a completerange of products for any business regardless of size. For all products offered by Microsoft please visithttp://www.microsoft.com/businessSolutions/Products/productOverview.mspx

• Great PlainsA product acquired by Microsoft to add to their ‘family’, which can be usedto improve the efficiency of the business processes in both the lower mid-market and the more complex upper mid-market.

• NavisionNavision provides customisable business solutions for SME’s as well asallowing integration with the rest of MBS’ products

• Customer Relationship ManagementMicrosoft also has a CRM system available for customisation.

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Previous Clients Include:

• Bell Group• Network Engines Inc• Philadelphia Eagles• Seattle Supersonics• Starpoint Health• Tecniflex

SSA GT<www.baan.com>

Company Overview

SSA Global was founded in 1981, with it’s headquarter base in Chicago, USA. It wasoriginally formed to create Business Planning and Control Systems.

Acquisitions

• Max International (April 2001)SSA’s acquisition of Max international continues their commitment toindustrial sectors such as manufacturing, and service distribution.

• Infinium Software (December 2002)The acquisition by SSA of Infinium deepens their reach into themanufacturing sector with the addition of strong financial and humanresource applications.

• Ironside Technologies (June 2003)The acquisition by SSA of Ironside Technologies (a supply and buy-side e-commerce specialist) conveys their thoughts on the importance of e-commerce and its uses in business.

• Elevon (July 2003)SSA’s acquisition of Elevon will have advanced its’ portfolio of e-commerceand collaborative software, especially in the manufacturing sector.

• Baan (July 2003)SSA’s acquisition of the Dutch ERP company may improve its product base.SSA however, is still prepared to support the older Baan programs somethingno heard of normally as the cost synergies are much less than originallyplanned.

• EXE Technologies, Inc. (Dec. 2003)SSA’s acquisition of EXE Technologies may improve the Supply ChainManagement and functionality of the SSA group of technologies.

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Current Product Offerings

SSA GT has many product offerings within this space, covering almost everyindustry. Only the most relevant products to the SEM/CPM space are included(please visit their website for further information or click their name).SSA Corporate Performance Management is their offering, which comprises of SSAFinancial Management and SSA Human Capital Management.

SAS

<http://www.sas.com/>

Company Overview

In 1976 the SAS Institute was formed in Raleigh, N.C, USA, with the vision ofproviding superior software for decision making. SAS has nearly 10,000 employeesin 200 offices around the globe.

Acquisitions

• Dataflux (June 2000)The acquisition of Dataflux will give SAS products the ability to ensure thatdata within their programs is consistent and correctly recorded.

• Intrinsic (March 2001)SAS has acquired the UK based company Intrinsic to add the management ofmarketing campaigns to its product base.

• ABC Technologies (March 2002)The acquisition of ABC Technologies will add both activity basedfinancial management with the added benefit of scorecard expertise, to theBI platform of SAS.

• Verbind (November 2002)SAS acquired some further analytical CRM tools from this transaction.

Current Product OfferingsSAS’s product range is based around their expertise in Business Intelligence andanalysis. Their have many industry tailored products including; Healthcare, FinancialServices, and Retail.

Previous Clients Include:

• AutoTrader.com• Barclays Bank• Kraft• Sheffield Hallam University• US Air Force

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Hyperion<www.hyperion.com>

Company Profile

Hyperion has its headquarters in California and further representation in another 20countries. They are world renowned for their Business Performance Managementsoftware. Hyperion currently combines many of their applications through theBusiness Intelligence suite to help its 9,000+ customer base.

Acquisitions

• Sapling Corporation (May 1999)Hyperion’s acquisition of Sapling Corp may have bought extra analyticapplications in the enterprise performance management suite. It will alsoprovide Hyperion with added ABC and Performance Management expertise.

• Brio Software (July 2003)The acquisition of Brio software may bring easier to use query facilities andextra reporting capabilities to Hyperion’s product range.

Current Product Offerings

Hyperion’s forte is in Business Intelligence software and Performance Managementwhich their product range is based around. Hyperion’s complete product rangeappears highly relevant to anyone searching for Business Performance software.

Previous Clients Include:

• Capital One• IBM• Miami Dolphins• Motorola• Yorkshire Water

CODA<www.coda.com>

Company Profile

CODA is owned by CodaSciSys Group with its headquarters in Harrogate, UK.CODA provides ‘strategic financial intelligence’ built around its global accountancysoftware package CODA – Financials.

Acquisitions

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• SquareSum (December 2002)CODA’s acquisition of SquareSum improves extra functionality to theircustomer (both current and potential) in the SME market.

Current Product Offerings

CODA spilt their products into two types, Transactional and Analytical.Their analytical products cover business intelligence such as CODA – Intelligence,and also cover strategic planning (CODA – Planning).The transactional products do exactly as their name suggests as they deal with thetransactional processes and activities that take place within a company, for examplee-finance covers the accounting processes that are required in a company on a dayto day basis.

Previous Clients Include:

• Cornhill• Liverpool John Moores University• Kookai• Virgin V Shop

Cognos<www.cogons.com>

Company Overview

Cognos founded in 1969, now employs more than 3,000 people with over 22,000customers in over 135 countries.Cognos is a supplier of business intelligence and performance planning software forany enterprise regardless of industry sector.

Acquisitions

• Interweave (September 1998)Cognos’ acquisition of Interweave has enabled them to improve on theirBusiness intelligence product by offering the added functionality of theinternet.

• Adaytum (January 2003)Cognos’ acquisition of Adaytum is in many ways similar to that of thePeoplesoft/JD Edwards merger in that, it enables the buyer, to improve theirproduct offerings with the added knowledge that there is now an improvedplanning module.

Current Product Offerings

Cognos are very focussed on offering enterprise wide solutions, as integrationcapabilities to entwine other offerings from its competitors, for example Peoplesoftand Oracle.

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They have decided to adopt the term Corporate Performance Management (Createdby Gartner) instead of SEM.

Cognos have four product lines in their enterprise wide suite

• Enterprise Planning SeriesThis product range covers the planning needs of an organisation as well as arange of control and consolidation features.

• Enterprise ScorecardsThis product helps with metric management within a company.

• Enterprise Business IntelligenceCognos’s business intelligence suite – enables the use of many analyticalapplications including a dashboard.

• Enterprise Framework ServicesThe integration software that is needed to run other Cognos products whilstusing competitor’s software e.g. a competitors ERP systems.

Previous Clients Include:

• American Airlines• BMW• Greene King Pub Company• Prudential• Ricoh UK

Cartesis<www.cartesis.com>

Company Overview

Cartesis was founded in 1990 to develop and market financial managementsoftware. It was spun off by the Vivendi Corporation and purchased byPricewaterhouseCoopers, in 1999. In February 2004 Cartesis was purchased by a consortium lead by Apax Partners.This will give them a platform for expansion into the whole Business PerformanceMarket.

Due to this recent change in management we expect there to be changes andimprovements announced. We will be updating this Cartesis section as soon asthose developments are released.

Current Product Offerings

Cartesis has two product lines – The Cartesis Suite, (their main focus) and DedicatedApplications.

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Dedicated Applications covers Cartesis SECAM+ which is used to help companiesdeal with the ever increasing legal framework, within the UK and mainland Europe.The Cartesis Suite is split into three sections; Cartesis Magnitude (An integrated webbased solution for consolidation and performance management purposes), CartesisInter-company Server (Which enables faster peer-to-peer reconciliation), and finallyCartesis Magnitude Planning module (designed to take care of all the budgeting,planning, and forecasting decisions that are required).

Previous Clients Include:

• Air France• Aviva Plc• BNP Paribas Group• France Telecom• Unilever

Business Objects<www.businessobjects.com>

Company Overview

Business Objects was founded in 1990 as a Business Intelligence vendor, with 6 corevalues underpinning its product offering; Leadership, Customer Focus, Trans-national Identity, Innovation, Integrity, and Passion. The basis of its recentacquisition of Crystal Decisions has been to offer a broader range of software thanits clients and increase it position in terms of size.

Acquisitions

• Blue Edge Software (January 2002)The acquisition of Blue Edge software will have helped increase thenavigation, access, reports, and analytical tools within Business Objects BIplatform.

• Acta Technology (July 2002)The acquisition of Acta has given Business Objects a ‘ready-made’ Best ofBreed enterprise analytical platform.

• Crystal Decisions (July2003)The acquisition of Crystal Decisions Inc will help improve the informationmanagement of Business Objects current products.

Product Offerings

Business Objects core offering is their Business Intelligence software, which isincorporated within their Performance Measurement Suite. Business Objects alsohave an Analytical Suite incorporating their DataWarehouse along with theanalytical tools that they have acquired. They also provide an Enterprise WideSolution called Enterprise Performance Management.

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Previous Clients

• Caterpillar• PepsiCo• Total• Volkswagen• Zurich

Geac<www.geac.com> & <www.performance.geac.com>

Company Overview

Geac is a global enterprise software company specialising in Business Performance.Geac has around 2,400 employees in around 55 locations worldwide. Their coresolutions are in financial and human resource management, as well as an ERPsystem for manufacturing companies.

Acquisitions

• Gazette Technologies (April 2000)Geac’s acquisition of Gazette has enabled them to provide a product withinthe media sector. Gazette was a data warehouse specialist for the mediasector.

• OMNIA Software Products (May 2000)The acquisition of Omnia has provided Geac with the tools to provide anend-to-end ERP system, as Omnia provide the supply chain element.

• Comshare (June 2003)The acquisition of Comshare has broadened Geac’s business performancemanagement suite, with the addition of further planning, budgeting,forecasting, and analysis solutions.

Product Offerings

The most relevant of Geac’s product range is Geac Performance Management(their enterprise wide system formerly known as ComShare). Performancemanagement comprises of 11 modules ranging from budgeting to strategymanagement.

They also have an Internet based package called Decision, which is a highlycustomisable decision making package.

Previous Clients

• Allied Irish Bank• BACS Limited• Coca-Cola• Swissair

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ALG Software<www.algsoftware.com>

Company Overview

Mike Sherratt founded ALG Software in 1990, with the vision of marrying ‘easy-to-use’ analytical applications. ALG software is a privately owned provider of EnterprisePerformance Optimisation solutions.

Current Product Offerings

ALG’s Enterprise Performance Optimisation suite is a product competing in theSEM/CPM space. The suite offers a fully integrated, web based set of applicationsthat are built to be used either as a complete suite or on their own.

ALG also provide a web based budgeting program and four different web basedABC/M programs (ABC, Metify ABM Solo, Metify ABM Team, and Metify ABMEnterprise).

Previous Clients

• Abbey National• British Airways• Churchill Insurance • Direct Line• Southwest Airlines• Verizon

CorVu<www.corvu.com>

Company Overview

CorVu Corporation is a global provider of enterprise performancemanagement solutions. CorVu have over 4,500 customers world-wide in manydifferent sectors ranging from hospitality to aerospace, with the goal of achievinggreater effectiveness and efficiency in the decision-making and managementreporting process.

Current Product Offerings

CorVu has two product strands CorStrategy and CorBusiness. The core productwithin the CorStrategy strand is Enterprise Performance Management, and withinthis strand is their Balanced Scorecard module. The core product within the CorBusiness strand is Business Intelligence software,which is complimented by CorVu’s Forecasting and DataMining modules.

Previous Clients

• Credit Suisse

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• Hilton Hotels• Nottingham City Council• Metlife• Specsavers