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Founded in 1989, Brio Software, Inc. helps Global 3000 companies improve business performance by creating new value from existing information systems and, ultimately, aligning everyone in the enterprise with key corporate goals. The company was one of the first entrants into the growing business intelligence market and today continues its strong heritage of technology leadership. The category, business intelligence software, lets companies access, analyze and share information, offering users relevant, accurate and timely insight into the variables that impact their business. With this insight, companies can make informed decisions that uncover both new sources of revenue and methods to better manage costs. Brio’s product line is widely recognized as one of the easiest-to-use tool sets with the quickest time-to-value and a lower total cost of ownership in the business intelligence market.
Brio’s Vision
Brio’s mission is to deliver breakthrough business performance software and solutions to the world’s leading organizations. Brio was founded on the simple belief that superior decisions are made from a basis of knowledge. Today’s leading enterprises achieve breakthrough business performance by using Brio’s next-generation technology to quickly pull data from disparate sources. The data is then organized and analyzed to yield relevant information. This new knowledge can be obtained and distributed across the enterprise only a few hours after installing the software.
Market Overview
Business performance software is comprised of several subcategories that include ad hoc query and analysis, reporting/OLAP, executive information systems and analytical applications. According to IDC, this category is currently a $6.1 billion market and is expected to grow to $11 billion annually by 2005.
In today’s global economy, organizations worldwide are seeking to improve profitability and show an immediate return on investment. Businesses need to revitalize enterprise-wide systems, such as CRM and ERP applications, to continue driving productivity improvements with fewer resources. Business intelligence solutions are designed to pull together all types of data – financial, employee, customer, supplier, etc. – and make them more meaningful to each employee. Customers need real-time business information delivered across the organization accurately and with appropriate context (personalized) for each job function.
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