Minneapolis-based CorVu Corp is staking its future entirely on its flagship Integrated Business Intelligence Suite, and has announced the latest release and an add-on, the Balanced Scorecard Performance Management System. Originally an Australia- based supplier of business application software, CorVu sold up and threw all its eggs into the integrated business suite basket, the product it first launched in 1993. The company says IBIS 4.0, which replaces the 3.1 version released last year, has enhanced predictive On-Line Analytical Processing features which it claims will help make predictions on future trends and events based on past experience. IBIS 4.0 also provides access for web browsers with the DynaMart architecture available for the first time in both 2-tier and 3-tier options. The company looks to be marketing IBIS as an entry-level OLAP option for use on existing Relational Database Management Systems rather than more high-spec proprietary multidimensional databases, with a single user, one- module license available for under 1,000 pounds. IBIS 4.0 is currently available in beta with a full version shipping next month. CorVu’s Balanced Scorecard Performance Management System add-on combines multi-dimensional analysis with performance management techniques. The Balanced Scorecard performance management theory is said to be used by corporations to measure performance, helping them set objectives. The company says its new software will enable users to design balanced scorecard performance reports and complements existing Forecasting and Impact Analysis modules for designing customized forecasts and so-called ‘what-if’ business models. CorVu also has a further three modules developed for IBIS: Executive Alerts; Graphical OLAP; and Report Writer.
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