04 January 2010:
Rinedata, an expert in the field of CPM and Cornerstone, an expert in the field of BI, have now partnered to drive Performance Management opportunities across Asia & Europe.
By definition, Business intelligence describes software applications that enable users to access corporate data for the purposes of analysis and reporting. BI solutions comprise a wide variety of tools from query and reporting applications, slice and dice analyzers to dashboards and scorecards. By contrast, CPM solutions incorporate BI-style reporting and analysis as a technology platform, but focus on the business planning processes, metrics and methodologies used to manage the enterprise. BI technologies therefore, form an integral, but often latter part of a CPM implementation.
“By the very definitions of what CPM and BI are, coupled together with the fact that both companies having a strong heritage in these complimentary technologies, similar company ethos and vision, I am confident that this will provide a perfect foundation for a successful and fruitful partnership”, says Kirit Patel, Partner of Rinedata.
“I am thrilled with the partnership with Rinedata to provide CPM solutions to our customers in this region. Both companies have focused core and complementary capabilities allowing this collaboration to incubate and succeed. I look forward to a successful and sustaining partnership to provide our customers with an increased range of CPM solutions moving ahead”, says Shung-Toon Woon, CEO of Cornerstone Asia.
About Cornerstone Asia
Cornerstone Asia is the region’s largest IT professional services firm focused primarily on business intelligence. Their specialty is solving problems with massive data volumes and complex data and information challenges to help organizations make smarter business decisions more reliably and responsively. Their team of experienced and innovative professionals focuses on delivering Analytics and Business Intelligence products and solutions across multiple industry such as Telecommunications, Financial Services and Insurance and Retail sectors. Their key customer base is continually expanding and currently have customers located in both the North American and Asia Pacific regions.
For further information about Cornerstone Asia, please visit: http://www.cornerstone-asia.com