Cross-industry
Tagetik and Microsoft partner for BI
8 February 2011
Tagetik has announced its vision for making business intelligence (BI), performance management (PM) and disclosure management processes as collaborative as possible.
The rise of collaboration in managing business performance has led the company, in partnership with Microsoft, to develop a collaborative performance management (CPM) concept.
The outcome of this partnership is Tagetik 3.0 Enabled by Microsoft SharePoint Server 2010, a solution that aims to deliver a unified performance and disclosure management system, with specialised BI, collaboration, and communication tools. It also ensures compliance with XBRL and also with iXBRL, which will be mandatory in the UK from April.
“Microsoft and Tagetik have joined forces to fill this growing need to integrate collaboration technologies into performance management and BI processes
Manuel Vellutini, Tagetik “PM extended to collaborative decision-making is the new challenge for complex organisations that want manage business performance more efficiently, facilitate teamwork across multiple systems or stakeholders, and improve the quality of operational and strategic decision-making,” said Manuel Vellutini, executive vice president, chief operating officer at Tagetik.
Vellutini added: “Microsoft and Tagetik have joined forces to fill this growing need to integrate collaboration technologies into performance management and BI processes – which we call ‘CPM Evolution’. Above all, we want to support companies that are looking to implement corporate strategies more effectively while adding value to the way in which they manage and control all business areas.”
“We have long shared the vision to make BI and PM processes as collaborative as possible. We’ve now achieved this with a single collaborative performance management platform to improve business communication and decision-making across the enterprise,” concluded Pierluigi Pierallini, president and CEO of Tagetik
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