Abbott Laboratories Wins DM Review 2008 Innovative Solutions Award With Kalido-Driven Data Warehouse

BURLINGTON, MA--(Marketwire - December 23, 2008) -

-- Kalido, the active information management company, congratulates Abbott Laboratories for winning DM Review’s 2008 Innovative Solutions Award in the data warehousing category for its implementation of a financial and sales data warehouse that allows flexible information management as the company extended its global reach. -- DM Review’s annual award recognizes companies that have implemented innovative technology solutions that provide quantifiable business value. -- The data warehouse solution, based on the Kalido Information Engine™, provides Abbott managers with a single version of the truth, despite the company’s multiple and distributed systems containing global information. 

The Data Warehouse Impact

-- The Kalido® data warehouse incorporated three main dimensions of information -- product, location and time -- into approximately 300 measures in only six months. -- Abbott managers can map data to its business needs, not to the technology structure, enabling the company to keep information accurate and up to date. -- Information management continuously adapts to the dynamic business and integrates with Abbott’s single sign-on internal portal, and provides users with information in graphic form that is always up to date, easy to access and personalized for their specific business need. -- Previously, more than 250 users were manually typing sales figures into rogue spreadsheets to create their own dashboards with metrics. Now the data warehouse system provides 23 easy-to-use interactive graphical views, supported by 20 drill-through reports. -- Management reports are delivered in 70 percent less time and users have access to 20 charts and 19 reports, as compared to only four charts and four reports per the previous system. 

Quotes Peggy Mathias, director HQ IT applications for Abbott Laboratories, said: -- “Abbott requires both speed and accuracy in information management as a leading global company, and we are happy to have found that in the Kalido data warehouse solution. The new system truly caters to our specific business needs. It has improved business processes while guaranteeing consistent, high-quality data.” Julie Langenkamp, editor-in-chief of DM Review, said: -- “Success in information management depends heavily on the ability to meet the needs of the business. Abbott’s project exemplified how business user involvement can be key to delivering a flexible solution that can adapt to business change. While business-IT synergy is much discussed, it’s rarely executed well, which is why we wanted to honor Abbott Laboratories for their data warehouse implementation.” Bill Hewitt, president and CEO of Kalido, said: -- “Abbott’s success is a prime example of how enterprises in any industry can benefit from improving their information management infrastructure, no matter how large or distributed it is. The sheer volume of information within organizations is intimidating enough, and we commend Abbott for its ability to harness data to make actionable business decisions.” 

About Kalido

Kalido delivers active information management for business. Developed through years of successful best practice implementations, Kalido’s robust, business-model driven information management engine automatically feeds information to end users through their BI tools, making them more productive far more quickly and reducing internal costs. With Kalido, users never again have to wait for months to answer fundamental questions about business performance -- which products are selling, which customers are profitable, and which markets are most promising.

Kalido software is implemented at over 250 locations in more than 100 countries with market leading companies. More information about Kalido can be found at: http://www.kalido.com.

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