Burlington, Mass. and London, UK - May 8, 2006 - Kalido, the leading provider of adaptive enterprise data warehousing and master data management software, has been named a "Company to Watch" by CMP Media LLC's Intelligent Enterprise for the fourth consecutive year. The popular business intelligence publication commended Kalido for its strong vision, market leadership, innovation and commitment to aligning IT and business objectives.
In particular, Intelligent Enterprise noted Kalido's master data management (MDM) success, commenting that as "business intelligence and performance management require pulling data from more sources, master data management is going from nice-to-have to necessary." This honor is part of the publication's eighth annual Editors' Choice program, which was announced in the May 2006 issue and online at www.intelligententerprise.com/editorschoice.
According to IDC, the market for MDM will reach $10.4 billion by 2009 with a compounded annual growth rate of 13.8 percent*. Kalido's MDM software (Kalido MDM) enables business executives to create and manage common business definitions across the enterprise in order to improve the quality of business intelligence and performance management reporting. More information about the business challenges that MDM solutions address can be found at www.kalido.com/MDMsolutions, and a Ventana Research report on MDM best practices based on Kalido customer experiences can be obtained at www.kalido.com/MDMreport.
"Master data management is becoming a high priority on the corporate agenda as data warehouse and business intelligence initiatives prove vital to achieving business performance visibility. We are honored to receive recognition for our commitment to developing software to facilitate master data management processes including data governance," said Andy Hayler, founder and chief strategist of Kalido.
Kalido MDM is part of the Kalido® application suite, which also includes the award-winning Kalido DIW for adaptive enterprise data warehousing. More information about the Kalido application suite can be found at http://www.kalido.com/.
* IDC, "Master Data Management: Worldwide Software and Services Forecast, 2005-2009," October 2005
About Intelligent Enterprise
Published in print and online, CMP Media's LLC's Intelligent Enterprise is the only magazine dedicated to helping organizations plan and deploy strategic business applications that turn information into intelligence. Intelligent Enterprise empowers 80,000 business application analysts, architects and managers charged with unlocking and delivering the strategic value of information so their organizations can model, develop and improve enterprise business processes and drive excellence through operational decision-making.
Note: Kalido Data Information Warehouse (DIW) is now a part of the Kalido Information Engine.
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