Copyright 2004 PR Newswire Association, Inc.
PR Newswire
April 7, 2004, Wednesday 11:23 AM Eastern Time
FINANCIAL NEWS
TO BUSINESS EDITOR
1065 words
Six New Independent Software Vendors Add Databeacon Web Reporting and Data Analysis to Their Solutions
Databeacon expands customer base by partnering with vertical market ISV
expertise in areas such as benefits administration, customer care and
billing analysis, and order management
OTTAWA, April 7 /PRNewswire/ - Databeacon Inc., a developer of Web reporting and data analysis software, today announced six new Independent Software Vendors (ISV) partnerships. These new partnerships strongly position Databeacon to dramatically increase global user adoption of its software.
basys, inc., headquartered in Linthicum, MD, is one of Databeacon's new ISV partners. Focused on the employee benefit plan administration industry, basys solutions are currently used by more than 1500 benefit plans within the United States and Canada.
"Databeacon's Web reporting tools are a perfect fit for our customers who want to analyze their benefits data dynamically from any browser-based desktop," said Mike Davis, CEBS - President of basys. "We considered products from Business Objects and Cognos, but in the end, we were most impressed with Databeacon's technical infrastructure, rapid deployment and low cost of ownership. Additionally, Databeacon has been very responsive to our needs and genuinely interested in a long-term, mutually beneficial partnership." In addition to basys, Databeacon announces five other new ISV partners:
- Elsinore Technologies, Inc., software issues management, Raleigh, NC
- Datex, customer care and billing analysis, Mississauga, ON
- Relational Solutions Inc., business intelligence and portal
development solutions for the U.S. mid-west, Cleveland, OH
- Skywire Software, enterprise applications for the insurance industry,
Frisco, TX
- Informediate Inc., business intelligence for the wholesale
distribution industry, Cuyahoga Falls, OH
These companies join Databeacon's existing ISV partner roster, including:
- Actuate Corp. (NASDAQ: ACTU), enterprise reporting applications, South
San Francisco, CA
- Necho Systems Corp., expense management automation and reporting,
Boston, MA
- P2 Energy Solutions Inc., enterprise software solutions for the oil
and gas sector, Houston, TX
- Financial Database Services, Inc., front and back office automation
solutions for the financial services industry, San Diego, CA
Databeacon offers ISV partners and their customers self-serve, interactive reporting and data analysis capabilities previously found in solutions that cost 5 to 10 times more, and requiring months versus weeks of implementation time. Databeacon's Web reporting and data analysis software also offers:
- High adoption user interface that enables every user to get insight
out of their data, not just highly trained analysts and professional
"data explorers"
- Ability to leverage existing IT infrastructure, instead of imposing
new data and server requirements
- Deployments in days or weeks, instead of months or years as required
with competitive solutions
- Low cost of ownership - for initial software purchase and ongoing
service and support
Mark Smith, President of Ventana Research, said: "By simplifying the process of publishing data-driven reports that can be accessed, analyzed and delivered to users via a Web browser, Databeacon's technology is easily adopted and leveraged into third-party ISV solutions."
"The number one issue for ISVs is getting to market quickly while being able to offer a cost-effective reporting and analysis solution to their customers," said Databeacon CEO Andy Coutts. "Our ability to offer a fast integration path, and our willingness to accommodate various ISV business models, makes us an easy choice. This is why we have been able to grow our ISV partnerships around the world by 40% percent in the past year. This is very exciting because it means Databeacon is being installed in new markets all over the world by our ISV partners."
About basys, inc.
basys inc. is a leading provider of employee benefit plan administration software and has been in business since 1977. The company's extensive experience with Taft-Hartley plans, Third Party Administrators, and corporations allows it to provide integrated, parameter-driven software for plan administrators of health and retirement plans throughout the U.S. and Canada.
basys product offerings include complete health & retirement plan administration tools, including:
- Web self-service tools
- electronic workflow
- document management & imaging " integrated HIPAA translator for auto adjudication " electronic contributions import " Web reporting and data analysis tools
For more information on basys, visit: www.basys.com
About Databeacon Inc. Founded in 1995, Databeacon Inc. is the award- winning developer of Databeacon, the Web Reporting and Data Analysis software designed for mid-market organizations (stand-alone companies or enterprise departments with 100-1000 employees) seeking accelerated project deployments with high adoption, rapid implementation, the ability to leverage existing I.T. infrastructure, and low total cost of ownership.
With more than 800 customers worldwide, Databeacon's corporate headquarters are in Ottawa, Canada. The company has more than 100 reseller and ISV partners located in 27 countries around the world trained to both advise on and implement Web Reporting and Data Analysis projects.
For more information, contact:
Mark Budgell
High Road Communications
416-368-8348 ext. 241
mbudgell@highroad.com
Lisa Pagliaro
Senior Manager, Sales & Marketing
basys, inc.
410-850-4900 x208
lisap@basys.com
Nathan Rudyk, VP Marketing
Databeacon Inc.
613-729-4480 ext. 304
nrudyk@databeacon.com
SOURCE Databeacon
CONTACT: Mark Budgell, High Road Communications, 416-368-8348 ext. 241, mbudgell@highroad.com; Lisa Pagliaro, Senior Manager, Sales & Marketing, basys, inc., 410-850-4900 x208, lisap@basys.com; Nathan Rudyk, VP Marketing, Databeacon Inc., 613-729-4480 ext. 304, nrudyk@databeacon.com
URL: http://www.prnewswire.com
April 7, 2004
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