Industri-Matematik Partners With Cognos to Deliver Advanced Business Intelligence and Reporting Capabilities to Supply Chain Operations Worldwide
MARLTON, N.J.--(BUSINESS WIRE)--Feb. 15, 2000--
Industri-Matematik Leverages Cognos Business Intelligence Solutions To Drive Enhanced Operational Performance
Industri-Matematik International Corp. (NASDAQ: IMIC), a provider of global fulfillment and customer service solutions for e-commerce, today announced an alliance with Cognos(R) (NASDAQ:COGN; TSE:CSN), a leading vendor of enterprise business intelligence (BI) solutions, streamlining how users access and aggregate supply chain data to make strategic decisions. By leveraging Cognos' BI solutions, companies deploying Industri-Matematik's VIVALDI(TM) software gain ready access to critical supply chain performance information to better manage their enterprises.
The alliance advances Industri-Matematik's already strong capabilities in supply chain performance measurement and analysis. The Cognos BI solutions complement Industri-Matematik's Value Improvement Process (VIP), a proven methodology for attaining breakthrough supply chain performance and a cornerstone of the VIVALDI fulfillment and customer service suite.
"Together, Industri-Matematik and Cognos bring the power of information into our hands, information about the productivity and profitability of our channels, promotions, customers and even individual order lines," said Philip Preston, head of information services at Sun Valley Foods Ltd., a joint Industri-Matematik and Cognos customer. "We value the strategic benefit of the analysis and reporting tools the companies bring to our operations and appreciate the ease with which complex supply chain data can be aggregated, formatted and routed to the right decision maker at the right time and place."
According to Ted Jandl, Cognos area vice president of North American partner channel sales, "Combining Industri-Matematik supply chain software with our business intelligence solutions provides customers with the tools necessary to make strategic business decisions. VIVALDI provides real-time, transaction-by-transaction performance measurement, ideally suited to the demands of high volume industries and e-commerce. Distribution companies and manufacturers working with multiple product lines, complex supply chains and different distribution channels see the benefits of using business intelligence solutions to track their bottom line, spot trends and analyze their sales performance. We are pleased to have Industri-Matematik as a partner to help us deploy BI solutions to these market segments."
Together, the solutions enable companies to leverage supply chain information to more proactively run their businesses. For example, if a supplier experienced a sudden spike in returns from a particular customer, or in association with a certain product, it could turn to Industri-Matematik and Cognos for clues why. The Industri-Matematik suite stores granular details of every action and parameter associated with the fulfillment of an order, including price, promotion, channel, supply mode and distribution mode. By leveraging Cognos BI solutions in tandem with Industri-Matematik, customers can extract this rich data to determine the reasons for these returns and take corrective actions.
"With ever-evolving supply networks, unpredictable order volumes that require real-time turnaround, and an increasingly demanding customer base, delivering reliable fulfillment and customer service will be the standard by which companies are measured," said Hakan Wahlberg, vice president, global alliances, Industri-Matematik. "Yet even if companies can meet these challenges, if they do not, or cannot, measure the profitability of their actions, they will only have addressed one part of their business problem. By teaming with Cognos, we enhance how companies measure and understand the financial ramifications each and every supply chain action has on their operations and that of their partners."
About Cognos
Cognos is the leading vendor of enterprise business intelligence solutions. Business Intelligence software makes corporate data easily accessible to everyone in an organization, so they can better coordinate decision-making across the entire enterprise, and improve the performance of the business. Cognos products are available directly from Cognos and through an extensive network of channel partners. The Company also develops, markets and supports software tools for application development.
Founded in 1969, Cognos is a publicly traded company with offices around the world and headquartered in Ottawa, Canada. For more information, visit the Cognos Web site at cognos.com.
About Industri-Matematik
Industri-Matematik International Corp. (www.im.se) provides high-performance fulfillment and customer service software solutions for e-business. Its VIVALDI software suite enables companies to move to a Zero Inventory/100 Percent Visibility business model by replacing inventory with information to speed the movement of goods through the supply chain. The Company has implemented applications worldwide at market-leading organizations such as British Airways, Campbell Soup, Canadian Tire, Canon, Carlton & United Breweries, Ericsson, Hakon Group, Hartz Mountain, Kellogg, Starbucks and Warner/Elektra/Atlantic. For more information please visit www.im.se.
The statements contained in this release that are not historical facts contain forward-looking information with respect to plans, projections or future performance of Industri-Matematik and further versions of the VIVALDI(TM) Software Suite, including System ESS(R), the occurrence of which involve certain risks and uncertainties, including, but not limited to, product demand and market acceptance risks, the success of the implementation of the cost cutting plan, the impact to the company as a result of its participation in IBM's Global SCM initiative, the effect of economic conditions, the impact of competitive products and pricing, product development, commercialization and technological difficulties and other uncertainties detailed in Industri-Matematik's filings with the Securities and Exchange Commission, particularly the Annual Report on Form 10-K filed in July 1999.
VIVALDI is a registered trademark of Industri-Matematik International Corp.
Cognos is a trademark or registered trademark of Cognos Incorporated in the United States and/or other countries.
CONTACT:
Industri-Matematik
Tim Walsh, 856/797-4438
tiwa@im.se
or
Cognos
Tim Powers, 781/313-2454
tim.powers@cognos.com
or
Industri-Matematik Investor Relations
Lippert/Heilshorn & Associates
John Heilshorn, 212/838-3777
john@lhai.com
or
Industri-Matematik Public Relations
Porter Novelli Convergence Group
Albie Jarvis or Dan Mees, 617/450-4300
dan.mees@pnicg.com |
