Tagetik Announces BI Integration With Microsoft Sharepoint Server 2007 and Microsoft Business Intelligence Platform

LUCCA, Italy and LONDON - Local Agreement Signed for a Global Business Intelligence, Performance
Management and Financial Governance Solution

Tagetik, a global provider of Corporate Performance Management and
Financial Governance software solutions, today announced its integration with
Microsoft’s SharePoint Server 2007 and Microsoft’s Business Intelligence
Platform. The announcement follows a comprehensive review of Microsoft’s
Business Intelligence roadmap, aiming to provide companies with well-known
application tools such as SharePoint technologies, SQL Server and Office 2007
to support their decision making.

www.microsoft.com/presspass/features/2009/jan09/01-27KurtDelbeneQA.mspx

“The integration with Tagetik allows us to enrich our offer with specific
Performance Management and Financial Governance content,” explains Enrico
Bonatti, Director of Information Worker Microsoft Italia.”Customers who want
a solution with a low TCO will profit from this decision because they can
easily leverage specialized platforms while using SharePoint Server 2007 for
easy portal access.”

“I believe that the CPM market is comprised of processes and applications
- not just technology,” adds Manuel Vellutini, Chief Operating Officer at
Tagetik. “CPM solutions, therefore, must have built-in features to support
the underlying processes such creating budgets, consolidating financial data
and managing business performance. Tagetik specializes in Performance
Management and Financial Governance solutions which offer this type of
functionality and can easily integrate with existing IT investments.
Following Microsoft’s announcement, we have decided to remain a
multi-platform product and better utilize Microsoft technology - which is now
SharePoint - to access and report information”.

Thanks to Tagetik’s flexible multi-platform and Microsoft’s sophisticated
technology, the seamless integration between the two solutions preserves
valuable data and IT resources. In particular, Tagetik offers optimal
integration between the CPM information present within the actual database
and Microsoft technologies for Business Intelligence, such as SQL Server
Analysis Services, SharePoint Server and Excel. SQL Server Analysis Services
allows users to create Online Analytical Processing (OLAP) cubes directly on
their Tagetik CPM data. In addition, they can quickly access the information
in Tagetik CPM via Microsoft SharePoint, which is easy to navigate and offers
sophisticated graphic features.

In a market that has experienced a long period of mergers and
consolidations, the benefits are huge for both Microsoft and Tagetik
customers. Thanks to this close partnership, Microsoft and Tagetik are able
to support a wide range of markets and deliver a complete solution for
Business Intelligence, Performance Management and Financial Governance - most
importantly, with a low cost of ownership and without major investments.
Companies, therefore, can count on Tagetik CPM as a solution that supports
all key financial processes & financial communication and fully utilizes the
power of Microsoft Business Intelligence.

This global initiative will be first deployed in countries directly
supported by Tagetik offices as well as through its international network of
distributors.

About Tagetik

Tagetik is a global provider of latest generation Corporate Performance
Management (CPM) and Financial Governance (FG) software solutions that help
CFOs and CIOs simplify complex business practices. The firm’s key innovation
is a fully-unified financial closed-loop, double entry solution incorporating
all core CPM processes in a single product. These include budgeting,
planning, forecasting, and financial consolidation. Its “out-of-the-box” core
CPM processes, web-based, cross-platform technology, powerful scalability,
and shortened implementation time have reduced total cost of ownership for
customers worldwide in all major industries including Financial Services,
Manufacturing, Insurances, Retail, Healthcare and Automotive. Tagetik CPM
supports financial governance requirements such as 10K and 10Q reporting
while helping companies automate their financial processes to achieve
transparency and meet compliance needs. Internationally headquartered in
Lucca, Italy, Tagetik North America has full Sales, Service and Marketing
operations in Stamford, Conn.

Debora Orrico di Russo, +39-348-5635975, Deboraorrico@int.tagetik.com

For further information visit: www.tagetik.com

Source: Tagetik

Debora Orrico di Russo, +39-348-5635975, Deboraorrico at int.tagetik.com