Contact Information: Press Contacts: Kathleen Moran Information Builders (917) 339-6313 Karyn Martin Emerge PR (617) 729-3173
Information Builders Customers Embrace Active Reports Technology
Leading Organizations Harness Power of Visualization via Industry's First Portable Business Intelligence Solution
| Source: Information Builders
NEW YORK, NY--(Marketwire - March 11, 2009) - Information Builders, the independent leader
in operational business intelligence (BI)
solutions, today announced that leading organizations around the globe are
rapidly adopting WebFOCUS Active Reports for portable sorting, filtering,
and analysis to better understand customer needs in real time, greatly
improve decision-making, and operate more cost effectively. As the
industry's first portable BI platform for delivering interactive analytic
applications, WebFOCUS Active Reports has its own API, components,
security, and analytic engine, enabling users to create active dashboards and receive Active Reports on mobile devices.
"Many vendors' dashboards are only available to select users instead of
being distributed to all employees with operational responsibilities," said
Gerald Cohen, CEO and founder of Information Builders. "Our active
technology empowers everyone within the organization to give businesses the
competitive edge and increased business productivity needed to thrive in
today's economy."
Customer benefits of WebFOCUS Active Reports include:
-- Improved user experience and decision-making - Multiple reports are
consolidated into a single interactive view making viewing data and
performing analysis easier
-- Guaranteed single version of the truth - Users can receive scheduled
updates to the dashboard, ensuring that they always have the latest
information in their e-mail folders
-- Scales to unlimited numbers of users - All interactions are
self-contained and occur in the browser, meaning a virtually unlimited
number of concurrent users can analyze data
-- Requires no specialized software and no connection - Data and
interactive capabilities are bound together in a single file that can be
managed without installing additional software; users without a network
connection can access reports from anywhere
Dealer Services Manages Dealer Risk and Increases Profitability
Dealer Services Corporation (DSC), a national inventory financing company
for used car and power sports dealers, relies on WebFOCUS as its enterprise
BI standard to provide more than 450 of the rapidly growing organization's
non-technical business users with self-service access to the information
they need, when they need it, to accurately manage dealer risk and make
better decisions. DSC currently uses three types of Active Report
dashboards: departmental (currently five in use), one company dashboard
(used company-wide), and one executive dashboard slanted toward more
financial data.
New dealers enter the market and existing dealers exit the market on a
regular basis. With a WebFOCUS Active Report on dealer risk, DSC can track
and monitor the situations that usually occur before a dealer gets into
trouble. This helps the dealer avoid default and minimizes the consequences
for DSC should the situation deteriorate. DSC can also run Active Reports
on loan activities to view the different risks involved with certain loans.
The reports can identify anomalies or evidence of risky behavior, such as
inconsistent loan repayment patterns. Active Reports allow them to take
into consideration a wide number of factors that they may have previously
dismissed and help reduce the amount of human error in the loan decision
process.
Israeli Credit Insurance Company Gains Offline Analysis - With Zero
Overhead
As the leading credit insurer in Israel, Israeli Credit Insurance Company
(ICIC) protects more than $11 billion worth of credit each year in both
local and foreign trade transactions. ICIC needed to quickly build a
versatile reporting environment to help policyholders identify,
analyze, and reduce risk via secure, controlled access to their policy
information. ICIC used Information Builders WebFOCUS software because of
its comprehensive application development and deployment capabilities
including Active Reports and Active Dashboards. Powered by highly portable
JavaScript technology, Active Reports can be downloaded and viewed within a
browser, either online or offline, meaning ICIC customers did not need
licensed BI software to view and analyze information. The reporting
application also features automatic exports to Excel spreadsheets and
interactive graphs that let users visualize the exposure data.
The ICIC online reporting system has been in production for about a year
and it already has 600 registered users. ICIC customers are particularly
intrigued by WebFOCUS Active Reports since it enables them to slice and
dice the insurance data without having to be connected to ICIC's
information systems. In the future, developers plan to use WebFOCUS Active
Dashboards to make it faster and easier to present information. This will
enable customers to compile multiple tables and charts into a single
customized dashboard.
"WebFOCUS gives us a competitive edge by making it easier for customers to
create and manage their exposures," said Ofer Resh, chief information
officer, ICIC. "We regard BI software as one of our primary market
differentiators."
In an industry where information is the primary currency, WebFOCUS Active
Reports let policyholders more thoroughly track and manage their exposures,
saving time for internal developers and providing a unique set of services
that gives ICIC a competitive edge.
About Information Builders
Information Builders' award-winning combination of business intelligence
and enterprise integration software has been providing innovative solutions
to more than 12,000 customers for the past 30 years. WebFOCUS is the
world's most widely utilized business intelligence platform. It provides
the security, scalability, and flexibility needed at every level of global
extended enterprises. Its simplicity helps create executive, analytical,
and operational applications that reach dozens to millions of users.
Information Builders' iWay Software suite provides state-of-the-art,
multi-purpose, pre-built integration components that address all SOA, application, data, and information management
requirements. Its integration adapters have been adopted by the leading
software platform providers. Together, these products give Information
Builders' customers the ability to grow and innovate according to their
needs.
Information Builders' customers include most of the Fortune 100 and U.S.
federal government agencies. Headquartered in New York City with 90 offices
worldwide, the company employs 1,450 people and has more than 350 business
partners. More information is available at informationbuilders.com.