Message #14 From:
Stock News Bot Date: December 19, 2006 04:00:00 AM
ORCL News Actuate Renews Agreement with Oracle
SOUTH SAN FRANCISCO, Calif. & REDWOOD SHORES, Calif.--(BUSINESS WIRE)--Actuate Corporation (Nasdaq:ACTU), the world leader in Enterprise
Reporting and Performance Management Applications that empower 100% of
users to achieve breakthrough corporate performance, and Oracle (Nasdaq
GS:ORCL) today announced that the companies have signed an agreement to
extend the use of Actuate’s reporting
capabilities within Siebel CRM for a further three years. The agreement
marks a decade of Actuate’s world class
reporting technology constituting a fundamental part of Siebel CRM.
Encompassing 490 discrete applications and 21 industry-specific
solutions, Siebel CRM is the market-leading, multi channel solution that
enables organizations to establish an enterprise wide view of their
customers across all lines of business, geographies and communication
channels. With Siebel CRM, organizations are able to analyze and
optimize customer, partner and employee interactions to dramatically
increase customer satisfaction and loyalty, maximize revenue, and
increase productivity and performance. With over four million CRM
deployed seats and over 100 million registered self-service users,
Siebel CRM applications are positioned in the Leaders quadrant in
several Gartner Magic Quadrants for CRM. Actuate reporting capabilities
will benefit Siebel CRM users.
“Actuate and Oracle have forged a relationship
that adapts to current and future reporting needs for CRM as well as
incentive compensation applications,” said
Edward Abbo, senior vice president of CRM Products at Oracle. “With
Actuate, application users such as customer service professionals, sales
representatives and partners will continue to have real-time visibility
into everything from compensation associated with sales efforts to the
steps required to improve customer satisfaction.”
“Our decade long relationship with Siebel CRM
is testament to the best in class reporting capabilities that Actuate
provides,” said Pete Cittadini, president and
CEO of Actuate Corporation. “Our commitment
to Siebel CRM is firm, and we will continue to deliver the best
reporting technology in the market to ensure that users receive valuable
insight across all of the business processes and associated systems that
touch a customer.”
About Oracle
Oracle (Nasdaq GS:ORCL) is the world’s
largest enterprise software company. For more information about Oracle,
please visit our Web site at http://www.oracle.com.
About Actuate Corporation
Actuate Corporation is the world leader in Enterprise Reporting and
Performance Management Applications that empower 100% of users to
achieve breakthrough corporate performance. Actuate provides the most
scalable, reliable, flexible and high-performing reporting capabilities
for every application in the enterprise. Customers use Actuate to
deliver information in context to users inside and outside the firewall
as Performance Management and Customer Self-Service applications,
managed spreadsheet applications and Java reporting applications.
Actuate has over 3,500 customers globally in a range of industries
including banking, insurance, manufacturing, communications, and
government. Founded in 1993, Actuate has headquarters in South San
Francisco, Calif., with offices worldwide. Actuate is listed on the
NASDAQ exchange under the symbol ACTU. For more information on Actuate,
visit the company's Web site at www.actuate.com.
