MINNEAPOLIS--(BUSINESS WIRE)--July 29, 1997--Information Advantage, the leading provider of enterprise on-line analytical processing (OLAP) software, today announced that it has received the 1997 DCI/META Group Excellence in Business Information Award.
The award recognizes the implementation
The award is sponsored by DCI in conjunction with Data Management Review, and is co-sponsored by META Group and the International Data Warehouse Association (IDWA). Information Advantage received the award at the DCI Data Warehousing Conference in New York City before an audience of over 1,000 conference attendees.
"This award recognizes the strength of DecisionSuite's proven scalability for large data warehousing implementations. As the OLAP marketplace continues towards enterprise deployments, industries, like financial services, are requiring OLAP providers to support large, distributed databases," said Larry Ford, president and CEO of Information Advantage. "The award validates our ability to support our clients' enterprise OLAP initiatives."
"Information Advantage is the only OLAP vendor that continues to prove their success in scaling to support large enterprise-wide data warehousing applications," commented Ron Powell, publisher and executive editor of Data Management Review. "Their client list is impressive and their measurable results can't be denied as proven by their success in winning all the top awards given in the data warehousing industry."
Selection Process
Award recipients were evaluated on the basis of a standard set of criteria, which included specific business issues solved by company products and/or services, the impact of the solution on the end user organization, the unique technology/methodology utilized, the length of time from implementation to realization of benefits and the return on investment achieved by the customer.
In addition to its latest award win, Information Advantage has been recognized with several other industry awards and honors: -0-
-- DCI/META Group Excellence in Business Information Award
(September 1996, August 1997)
-- Data Warehouse Institute's Best Practices (May 1997)
-- DB/EXPO RealWare Award (May 1997)
Data Warehousing to Provide New Business Opportunities Category
-- Retail Network Innovation Awards (May 1997)
Data Warehousing Category
-- Open Systems Advisors' CrossRoads A List (February 1995 & 1996)
AA Rating
-- Upside Magazine's High Five, Top Hot Private Companies
(September 1996)
About Information Advantage
Information Advantage, Inc. develops and markets DecisionSuite, the world's leading enterprise OLAP software applications and toolset. DecisionSuite, an award-winning solution, allows everyone in the organization to make more informed decisions with advanced business analysis tools, detect and alert agents, liberal sharing of dynamic information for collaborative decision making, and a suite of personalized applications for executives, professionals, and analysts.
Additionally, WebOLAP, an extension of DecisionSuite, gives users the ability to perform OLAP analysis over the World Wide Web. Information Advantage products have been proven in production environments since 1991 across industries such as retail, insurance, healthcare, telecommunications, government, and manufacturing. For the second consecutive year, Information Advantage is the only relational OLAP vendor on Open Systems Advisor's Crossroads A-List to receive the AA-rating, the highest bestowed.
For more information, contact Information Advantage at 612/833-3700 or on the World Wide Web at http://www.infoadvan.com . This news release and additional documents concerning Information Advantage can be found in electronic format on the World Wide Web at http://www.p2pr.com . -0-
Note To Editors: DecisionSuite and WebOLAP are trademarks of Information Advantage, Inc. Other products are trademarks or registered trademarks of their respective holders and should be treated as such.
CONTACT: Information Advantage, Minneapolis
Kay Suneson, 612/833-3700
kay.suneson@infoadvan.com
or
Phase Two Strategies
Carolyn Holck Brown, 415/772-8415
c_holck_brown@p2pr.com