SOURCE: Information Builders

October 10, 2007 08:54 ET

Commonwealth of Kentucky Chooses Information Builders WebFOCUS for State-Wide Financial Analysis and Reporting

Self-Service Business Intelligence Solution Customized and Deployed in Six Months

NEW YORK, NY--(Marketwire - October 10, 2007) - Information Builders, the leader in production business intelligence (BI) solutions, today announced that the Commonwealth of Kentucky selected WebFOCUS as the underlying technology for the next generation of its Financial Analysis System(2) (FAS(2)). FAS(2) will replace an aging financial system based on FoxPro and older database systems. With WebFOCUS, users from all agencies are able to track their projects over the Web in an easy-to-use self-service application that speeds operational decisions and improves budget management.

"It is critical for each agency in a state -- and all decision-makers within the state -- to know the status of budget expenditures and to quickly and easily analyze and report on that data in a timely fashion," said Gerald Cohen, CEO and founder of Information Builders. "WebFOCUS is particularly well suited for government organizations because it fosters collaboration and removes barriers by integrating and delivering the right information to a broad base of users who need that data, wherever they are."

WebFOCUS equips government and private sector leaders with scalable BI solutions to effectively address the daily business pressures of getting the right data to the right employees so they can make educated operational decisions. With it, users gain critical organizational insight from their data through easy-to-use drill-down functionality. The leading BI solution also gives department heads confidence in their data, helping them face increasingly rigorous budget constraints and reporting mandates.

"Knowing where your agency stands relative to budget and expenditures is critical for the good management of all state agencies," said Rachelle Wilkins of the Office of the State Budget Director. "Our former financial reporting system was difficult for our IT team to support and maintain and for users to access and apply in their daily jobs. WebFOCUS' performance capabilities, ease of use, and speed of delivery were the key selection criteria in our decision to enlist the help of an outside BI offering. We were able to customize and deploy the first phase of the state-wide system within six months, arming 300 users thus far with self-service ad hoc reporting to serve the Commonwealth more efficiently."

About The Commonwealth of Kentucky

"Unbridled Spirit" the official state slogan is embodied throughout Kentucky as a great place to live, work, and prosper. Admitted June 1, 1792, Kentucky became the 15th state to enter the union. It ranks as the 37th largest state in size, and is currently ranked as 26th largest state in population. The capital of Kentucky is Frankfort, its largest city is Louisville, and the state's population is 1,245,920. For more information visit www.kentucky.gov.

The Kentucky Office of State Budget Director (OSBD) seeks to provide the Governor and the Commonwealth with high quality analysis, sound advice, objective research, and management assistance in regard to the policy, budget, and economic issues facing the Commonwealth; and to ensure the fiscal integrity and continuity of Kentucky state government. The OSBD includes the Governor's Office for Policy Management (GOPM), the Governor's Office for Policy Research (GOPR), and the Governor's Office for Economic Analysis (GOEA). Under the direction of the State Budget Director, these offices serve as staff to the Governor.

About Information Builders

Information Builders' award-winning combination of business intelligence and enterprise integration software has been providing innovative solutions to more than 12,000 customers for the past 30 years. WebFOCUS is the world's most widely utilized business intelligence platform. It provides the security, scalability, and flexibility needed at every level of global extended enterprises. Its simplicity helps create executive, analytical, and operational applications that reach dozens to millions of users. Information Builders subsidiary iWay Software provides state-of-the-art, multi-purpose integration engines that address all SOA, application, data, and information management requirements. Its integration adapters have been adopted by the leading software platform providers. Together, these products give Information Builders' customers the ability to live up to the company motto: Your business. No barriers.

Information Builders' customers include most of the Fortune 100 and U.S. federal government agencies. Headquartered in New York City with 90 offices worldwide, the company employs 1,600 people and has more than 350 business partners. More information is available at www.informationbuilders.com.

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