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Market survey: business intelligence dashboard users report benefits from quick access to up-to-date information

BELLEVUE, Wash., March 7, 2005 — Noetix® Corp., a software provider that automatically generates business intelligence content from enterprise applications, today announced that results from a nationwide market survey on enterprise business intelligence (BI) dashboard use revealed that access to 'up-to-date' or 'instant' information is rated as the top benefit associated with corporate dashboards.

According to the first of its kind market survey, conducted on behalf of Noetix by Riley Research Associates, participants also named 'one-screen information' and 'information tracking' as features from which they benefit the most. These were followed by 'problem identification' and 'financials tracking.' Riley Research Associates surveyed more than 50 top-level executives and IT managers working at businesses with revenues between $100 million and $1 billion.

Results from the market survey pointed to the fact that business intelligence dashboards are becoming a vital tool for monitoring the daily health of an organization. By consolidating key performance indicators (KPIs) into a dashboard on the desktop, executives are able to monitor and manage their business in real time.

For example, CTI Molecular Imaging Inc., a leading provider of positron emission tomography (PET) equipment, chose to implement the Noetix Dashboard because of its ability to arm them with graphical tools and rapid access to existing financial and operational performance indicators directly from their systems.

"With the Noetix Dashboard, operational metrics are updated hourly and graphically display month-to-date, quarter-to-date and year-to-date charts with bookings, units produced, shipments, etc., for many of our business units with the click of a button," said David Gill, senior vice president and CFO. "This timely data provides our senior and operational executives access to key information without having to rely on the availability of IT personnel."

The market survey also discovered technical constraints that might limit the desire to adopt dashboard solutions. A 'lack of data warehouse or centralized data' was most frequently cited as a common concern for dashboard users, signifying that many businesses haven't developed the capacity to centralize or consolidate data and metrics.

The Noetix Dashboard solution, created in response to customer demand, is superior to competitive offerings because it is built upon proprietary Noetix MetaBuilder technology. While other dashboard vendors typically spend months understanding their customer's unique database configurations in order to populate dashboards with relevant KPIs, Noetix MetaBuilder uses a unique auto-discovery process to 'crawl' a customer's specific application database, transforming data into business intelligence content that is searchable and navigable.

The Noetix approach is original, as it focuses on the generation of relevant content, based on customers’ unique configurations of these applications. Other solutions focus primarily on the look and feel of the presentation layer, leaving the most difficult tasks of populating and managing dashboards to the IT organization. While the desired outcome is a simplified and powerful view of enterprise performance, the path can be a complex and arduous journey.

About Noetix

More than 1,200 customers worldwide use Noetix to quickly and cost-effectively access the enterprise application data they need to make important business decisions every day. Noetix provides software that automatically generates metadata from enterprise applications, enabling immediate access to data. Unlike most business intelligence tools that require weeks of extensive manual mapping to set up and maintain, Noetix uses patented technology to automatically discover and produce metadata based on customers' specific implementations of Oracle Applications or Siebel CRM. Noetix provides this BI content with easy search and navigation capability, empowering users to quickly generate the ad hoc operational reports needed to make critical and timely business decisions. Noetix's proven technology is being used by industry-leading customers worldwide including: CompUSA, Motorola, Starbucks, Toshiba, Visa and Xerox International Partners. The company is headquartered in Bellevue, Wash., with international operations based in London. For more information about Noetix, visit the Web site at www.noetix.com or call toll free at 866-4NOETIX.

About Riley Research Associates

Riley Research Associates is a 15-year-old marketing and communications research firm headquartered in Portland, Oregon.



Rebecca Haas
Revolution Public Relations
(503) 232-4242
rebecca@revolutionpr.com

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