New BI Suite Hits the Market
By CXOtoday Staff
Mumbai, May 15, 2008

Elegant MicroWeb has launched ElegantJ BI, a complete integrated Corporate Performance Management and Business Intelligence suite. It is based on J2EE architecture right now and is currently working on JSS interface.

Brijesh Singha, Manager- BI Practice, informs, "Today the challenge for any organization arises from increasing customer focus and demands, growing market competition fueled by globalization and technology impacts. Besides, with optimizing business operations and facing challenges in unifying growing data volumes across geographies, need for more timely business decisions becomes imperative." He also emphasized the need for business performance visibility and accountability

He claims that the product is one third in terms of TCO, license, maintenance and implementation costs vis- a -vis competition.

The product caters to most verticals and business functions wherein it has specific templates for different industries and business functions. In addition, the tool is flexible to define any vertical specific KPI, scorecards, analysis and dashboards.

According to Singha the USP of the product is that it supports strategic planning and goal definitions, tracks progress towards goals using matrices, aligns employee goals and improves accountability and facilitates improvement initiatives to address performance gaps as well.

On its plans for the Indian market, he says, "We are planning to grow in India through partnerships in different regions. We are aiming to grow through strategy and management consultants, SI partners as well as OEM partnership with Enterprise application vendors."

As per the research done by the company, the BI market is estimated to increase by 50 percent by 2010.


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