SAN JOSE, Calif. - Oct. 18, 2004 - Business Objects (Nasdaq: BOBJ; Euronext Paris ISIN code: FR0004026250 - BOB), the world's leading provider of business intelligence (BI) solutions, today announced that it has expanded its relationship with Teradata, a division of NCR Corporation. BusinessObjectsTM 6.5 and Crystal Version 10 have passed Teradata's Retail Decisions Benchmark, a key milestone in the relationship that enables increased joint selling and co-marketing activities within the retail industry. Business Objects was the first business intelligence vendor to pass the Teradata benchmark, and easily demonstrated its ability to perform complex retail analyses and deliver high levels of performance on large retail Teradata databases.
Retailers gather mountains of data on their customers, vendors, products, and store operations. Business Objects software, together with Teradata Retail Decisions solution, enables retailers to gain valuable insight to improve retail operations. Using the reporting and ad-hoc analysis functionality from Business Objects, retailers can improve performance by better understanding which items, locations, and vendors contribute the most to sales and profitability.
"With the pace of change in retail, it is imperative for Tesco to have good quality information at the fingertips of those who need it," said Colin Cobain, IT director of Tesco Stores Limited, one of the world's largest international retailers. "As we consolidate our data from around the world, Business Objects and Teradata help us to achieve this objective."
As part of the benchmarking process, Business Objects implemented a subset of Retail Decisions, including Teradata's most complicated analytics, and demonstrated query performance that met or exceeded specific performance requirements. The performance of Business Objects on this benchmark demonstrates that its business intelligence suite is well suited to deliver the most demanding Retail Decisions analytics on Teradata.
"Retailers look to Teradata to ensure ease of integration and optimized Teradata performance to meet their most demanding requirements," said Mark Howell, vice president of global alliances for Teradata. "We are excited to be working with Business Objects as a business intelligence solution for Teradata's Retail Decisions."
Business Objects and Teradata have had a corporate alliance over several years and have many joint customers, particularly in the retail and telecommunications industry. Business Objects has an active engineering program and a Teradata Customer Advisory Group, to ensure its software can take advantage of Teradata features.
"Business Objects business intelligence solutions have seen tremendous success in the retail industry," said Janet Wood, group vice president of global alliances and OEM at Business Objects. "Our expanding relationship with Teradata brings together complementary solutions that are focused on meeting the demanding customer requirements of the retail industry. Our longstanding partnership with Teradata has already resulted in many successful customer deployments, and this new joint selling effort will greatly expand our presence in this market."
For more information on retail solutions from Business Objects, please visit http://www.businessobjects.com/retail/.
Business Objects is the world's leading business intelligence (BI) software company. With more than 35,000 customers worldwide, including over 80 percent of the Fortune 500, Business Objects helps organizations gain better insight into their business, improve decision making, and optimize enterprise performance. The company's business intelligence platform, BusinessObjects™ XI, offers the BI industry's most complete and trusted platform for performance management, planning, reporting, query and analysis, and data integration. BusinessObjects XI includes Crystal Reports®, the industry standard for enterprise reporting. Business Objects has built the industry's strongest and most diverse partner community, and also offers consulting and education services to help customers effectively deploy their business intelligence projects.
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.
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