December 23, 2008 09:52 ET
Abbott Laboratories Wins DM Review 2008 Innovative Solutions Award With Kalido-Driven Data Warehouse
Health Care Provider Maintains Global Leadership and Improves Business Practices With International Data Warehouse Solution
BURLINGTON, MA--(Marketwire - December 23, 2008) -
-- Kalido, the active information management company, congratulates
Abbott Laboratories for winning DM Review's 2008 Innovative Solutions Award
in the data warehousing category for its implementation of a financial and
sales data warehouse that allows flexible information management as the
company extended its global reach.
-- DM Review's annual award recognizes companies that have implemented
innovative technology solutions that provide quantifiable business value.
-- The data warehouse solution, based on the Kalido Information
Engine™, provides Abbott managers with a single version of the truth,
despite the company's multiple and distributed systems containing global
The Data Warehouse Impact
-- The Kalido® data warehouse incorporated three main dimensions of
information -- product, location and time -- into approximately 300
measures in only six months.
-- Abbott managers can map data to its business needs, not to the
technology structure, enabling the company to keep information accurate and
up to date.
-- Information management continuously adapts to the dynamic business and
integrates with Abbott's single sign-on internal portal, and provides users
with information in graphic form that is always up to date, easy to access
and personalized for their specific business need.
-- Previously, more than 250 users were manually typing sales figures
into rogue spreadsheets to create their own dashboards with metrics. Now
the data warehouse system provides 23 easy-to-use interactive graphical
views, supported by 20 drill-through reports.
-- Management reports are delivered in 70 percent less time and users
have access to 20 charts and 19 reports, as compared to only four charts
and four reports per the previous system.
Peggy Mathias, director HQ IT applications for Abbott Laboratories, said:
-- "Abbott requires both speed and accuracy in information management as a
leading global company, and we are happy to have found that in the
Kalido data warehouse solution. The new system truly caters to our
specific business needs. It has improved business processes while
guaranteeing consistent, high-quality data."
Julie Langenkamp, editor-in-chief of DM Review, said:
-- "Success in information management depends heavily on the ability to
meet the needs of the business. Abbott's project exemplified how
business user involvement can be key to delivering a flexible solution
that can adapt to business change. While business-IT synergy is much
discussed, it's rarely executed well, which is why we wanted to honor
Abbott Laboratories for their data warehouse implementation."
Bill Hewitt, president and CEO of Kalido, said:
-- "Abbott's success is a prime example of how enterprises in any industry
can benefit from improving their information management infrastructure,
no matter how large or distributed it is. The sheer volume of
information within organizations is intimidating enough, and we commend
Abbott for its ability to harness data to make actionable business
Kalido delivers active information management for business. Developed
through years of successful best practice implementations, Kalido's robust,
business-model driven information management engine automatically feeds
information to end users through their BI tools, making them more
productive far more quickly and reducing internal costs. With Kalido, users
never again have to wait for months to answer fundamental questions about
business performance -- which products are selling, which customers are
profitable, and which markets are most promising.
Kalido software is implemented at over 250 locations in more than 100
countries with market leading companies. More information about Kalido can
be found at: http://www.kalido.com.