ISSEL news release
For further media information, or to speak to one of our
customers about how
they are deploying business monitoring solutions, please contact:
Mark Charmer, ICONIC
07976 960739 / mcharmer@iconicnet.co.uk
7 April 2003
Pilot Software and Balanced Scorecard Collaborative announces
Pilot BusinessMonitor certification
Flexible architecture, intuitive interface and sophisticated
analysis capabilities lead to designation of Pilot BusinessMonitoras
Balanced Scorecard Collaborative Certified
Pilot® Software, a leading provider of business analytics
solutions, today announced that PilotBusinessMonitor, its
performance management solution, is Balanced Scorecard
Collaborative Certified™. Under the terms of the
certification, Pilot BusinessMonitor is designated as compliant
with Balanced Scorecard Functional Standards™ as
maintained by Balanced Scorecard Collaborative. The certification
is designed to eliminate confusion in the marketplace by
educating suppliers and buyers about the important elements
of a Balanced Scorecard management system.
Certification allows Pilot Software to promote Pilot
BusinessMonitor as certified by the creators of the Balanced
Scorecard.
Further, the Balanced Scorecard Collaborative Web site
will identify Pilot BusinessMonitor as certified.
"We have developed the Balanced Scorecard Collaborative
Certified Program based on Balanced Scorecard Functional
Standards to ensure that the Balanced Scorecard name maintains
meaning, and that any investment made in associated software
retains its value," said Dr. David P. Norton, president
of Balanced Scorecard Collaborative.
Users of certified applications are assured that those
applications are compliant with Balanced Scorecard Functional
Standards, and can thus be used as the foundation of a
strategic management system based on the Balanced Scorecard.
"Pilot BusinessMonitor satisfies all of the Balanced
Scorecard Collaborative certification requirements and
we are pleased
to introduce this flexible tool to our lineup of Balanced
Scorecard applications," said Ms. Laura M. Downing,
senior vice president of Balanced Scorecard Collaborative.
"Pilot BusinessMonitor's highly customizable and
flexible solution works with a wide range of standard or
proprietary
performance management frameworks and methodologies, including
the Balanced Scorecard (BSC) approach," said Thomas
Lefort, vice president of product development at Pilot
Software. "Balanced Scorecard certification reinforces
our commitment to providing integration-friendly business
analytics solutions that help companies make more profitable
decisions."
The certification process consists of a demonstration
of the product by the application provider, a documentation
review, customer interviews, and a Balanced Scorecard Collaborative
lab test. Application providers certified as a result of
this process have the right to use the Balanced Scorecard
Collaborative Certified™ mark.
Balanced Scorecard Functional Standards were announced
on September 30, 1999, by Balanced Scorecard Collaborative,
Inc., the organization that facilitates the worldwide awareness,
use, enhancement, and integrity of the Balanced Scorecard
as a value-added management process. The standards form
the basis for certifying software from suppliers seeking
to comply with the methodology of Dr. Robert S. Kaplan
and Dr. David P. Norton, creators of the Balanced Scorecard
concept. The full set of standards can be viewed at www.bscol.com/bsc_online/technology/standards/.
About Balanced Scorecard Collaborative, Inc.
Balanced Scorecard Collaborative, Inc. (BSCol) is an education,
training, advisory, research, and development organization
that facilitiates the worldwide awareness, use, enhancement,
and integrity of the Balanced Scorecard as a value-added
management process. Founded and led by the creators of
the Balanced Scorecard concept, Drs. Robert Kaplan and
David Norton, BSCol provides to organizations and individuals
a global center of Balanced Scorecard excellence and expertise.
BSCol's Web site is found at www.bscol.com.
About Pilot BusinessMonitor
Pilot BusinessMonitor is a full-featured, integration-friendly
performance management solution that enables organizations
to improve operational effectiveness by helping them define
strategy, translate it into operational objectives and
then measure corporate performance against those objectives.
A Balanced Scorecard Collaborative Certified™ solution,
Pilot BusinessMonitor boasts features such as an intuitive,
browser-based interface; sophisticated, out-of-the-box
analysis capabilities; an open, flexible architecture;
and built-in Time Intelligence™ to automatically
link performance management to corporate fiscal calendars.
Whether used on its own, integrated with the Pilot Software
family of business analytics solutions, or with existing
business analytics investments, Pilot BusinessMonitor delivers
on Pilot Software's commitment to provide integration-friendly
business analytics solutions that help organizations make
more profitable decisions. For more information about Pilot
BusinessMonitor, visit: www.bscol.com/pilot or www.pilotsoftware.com/businessmonitor.
About Pilot Software
Pilot Software is a leading provider of open, integration-friendly
business analytics solutions that enable organizations
worldwide to measure and meet business performance objectives
by transforming corporate data into profitable decisions.
Named to DM Review's 100 list as one of the best business
intelligence providers, Pilot Software's solutions include
business intelligence, data integration, performance
management and Web analytics technologies that provide
organizations
with a 360-degree view of virtually every aspect of their
business, including financial, operations, marketing,
sales, and product development. The resulting information
enables
Pilot Software's customers to increase sales, deepen
customer relationships, build better products, streamline
operations,
and make better overall business decisions. Customers
include Coors Brewing Company, The Boeing Company,
General Services
Administration, LendingTree, Pacific Life Insurance,
and Swiss Re.
Pilot Software was founded in 2002 and has headquarters
in Cambridge, Mass. and Mountain View, Calif. The company
is privately held with funding from Excelsior Venture
Partners III, LLC, a private equity fund managed by U.S.
Trust;
G-51 Capital a Texas-based venture capital firm; and
individual investors. Pilot Software can be reached at
(650) 230-2830.
More information about Pilot Software is available at
www.pilotsoftware.com and www.bscol.com/pilot.
About the Balanced Scorecard
The Balanced Scorecard is an organizational framework
for implementing and managing strategy at all levels
of an
enterprise by linking objectives, initiatives, and
measures to an organization's strategy. The scorecard
provides
an enterprise view of an organization's overall performance
by integrating financial measures with other key performance
indicators around customer perspectives, internal business
processes, and organizational growth, learning, and
innovation. Since the concept was introduced in 1992,
Balanced Scorecards
have been implemented at corporate, strategic business
unit, shared service functions, and even individual
levels at hundreds of organizations - in both the private
and
public sectors - worldwide.
About ISSEL
ISSEL (Intranet Software Solutions (Europe) Limited)
is a specialist in helping customers maximise the benefits
from
their web investments through the use of web analytics.
This permits a real understanding of the impact of
internet, intranet
and extranet sites and the return on investment from
their
online activities on and offline. It is the European
Master Distributor for Pilot Software’s HitList
product and an ABCE Associate Subscriber. UK Customers
include
John Lewis
Direct, Informa Group, Cheapflights, BMJ, Marcus Evans
and Gold Medal Travel. More details on ISSEL can be
found at
www.issel.co.uk
All company and product names are trademarks of their respective
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