04 January 2010
Rinedata, an expert in the field of CPM and Cornerstone Asia, an expert in the field of BI, have now partnered to drive Performance Management opportunities across Asia.
By definition, Business intelligence describes software applications that enable users to access corporate data for the purposes of analysis and reporting. BI solutions comprise a wide variety of tools from query and reporting applications, slice and dice analyzers to dashboards and scorecards.
By contrast, CPM solutions incorporate BI-style reporting and analysis as a technology platform, but focus on the business planning processes, metrics and methodologies used to manage the enterprise. BI technologies therefore, form an integral, but often latter part of a CPM implementation.
“By the very definitions of what CPM and BI are, coupled together with the fact that both companies having a strong heritage in these complimentary technologies, similar company ethos and vision, I am confident that this will provide a perfect foundation for a successful and fruitful partnership”, says Kirit Patel, Partner of Rinedata.
“I am thrilled with the partnership with Rinedata to provide CPM solutions to our customers in this region. Both companies have focused core and complementary capabilities allowing this collaboration to incubate and succeed. I look forward to a successful and sustaining partnership to provide our customers with a increased range of CPM solutions moving ahead”, says Shung-Toon Woon, CEO of Cornerstone Asia.
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