News Briefs
Business Intelligence LIVE Hosts its Next E-Broadcast Event,"Unleash the Power of Your ERP Data."
WHEN: Thursday, December 9, 1999, 9 am PST/12pm EST
WHERE: HP's "Business Intelligence LIVE" E-broadcast Series
http://events.network24.com/ h p/bil/A505.htm
There is a faster, safer, better way to acquire the business intelligence you need. "JumpStart for SAP BW: A Joint Offering from Informix, Hewlett Packard and Cognos," is the turn-key solution to your data mining needs. Participants are invited to join analyst Aaron Zornes of the Meta Group to fully explore the potential of this end-to-end solution This special presentation will also include an opportunity for you to ask your questions about "JumpStart for SAP BW."
Space is limited, so register for this e-broadcast by going to http://events.network24.com/ hp/bil/A505.htm and clicking on "registration."
Siebel Systems Acquires OnTarget
On Nov. 18, 1999, Siebel Systems, Inc. announced an agreement to acquire OnTarget, Inc., a leading provider of consulting services and training programs for sales and marketing organizations. OnTarget offers a comprehensive suite of training programs and professional services to help clients develop multi-channel sales and marketing strategies, assess their sales organization’s effectiveness and design sales strategies and training that will accelerate time-to-market and market penetration. By combining OnTarget’s consulting and training services with Siebel Front Office Applications, Siebel Systems will be able to offer its customers a seamlessly integrated front office solution, including strategy, methodologies and software.
OnTarget will operate as a wholly owned subsidiary of Siebel Systems and will be responsible for delivering a comprehensive family of professional services in multichannel management and sales effectiveness. Alston Gardner, currently CEO, will become the vice president and general manager of OnTarget, which will continue to be based in Atlanta, Georgia.
Under the terms of the agreement, each outstanding share of OnTarget common stock will be exchanged, at a fixed exchange ratio of approximately 0.3078, for newly issued shares of common stock of Siebel Systems. This will result in the issuance of approximately 3.7 million additional Siebel Systems’ shares, valued at approximately $259 million, based upon Siebel Systems’ closing price as of November 17, 1999. In addition, all outstanding employee stock options of OnTarget will convert into approximately 0.3 million Siebel Systems options at the same exchange ratio. The number of shares issued and options assumed have been adjusted to reflect the 2-for-1 Siebel Systems stock split paid on November 12, 1999.
For more information, visit http://www.siebel.com/ and http://www.ontarget.com/.
BASE Consulting Group and Informatica Partner to Deliver Business Intelligence Solutions
On Nov. 24, 1999, BASE Consulting Group, Inc.(now Knightsbridge Solutions), a leading provider of consulting and training services in the areas of data warehousing and business intelligence solutions, announced a new alliance with Informatica Corporation, a leading provider of software for enterprise-wide data integration.
"BASE partners with leading technology vendors that provide the tools necessary to implement 'best- practices' data warehousing solutions for our clients and help them gain a competitive edge in today's marketplace," said Chris Wheaton, co-founder and managing director of BASE Consulting Group. "Informatica is a perfect complement to our Information Access service offering, and the formalization of an alliance with them will allow us to better serve our customers going forward."
"Informatica is excited to partner with BASE because of their extensive experience in data warehousing for enterprise and e-commerce," said Erik Hoogerhuis, director of North American Channels at Informatica. "Their services will enable us to offer a more complete solution for our customers integrating Power Mart and Power Center with other enterprise applications."
For more information, visit http://www.baseconsulting.com/ or http://www.informatica.com/.
E- BuyersGuide.com Offers Independent, Consumer-Based Market Research On E- Shopping
Online market research service E-BuyersGuide.com announced on Nov. 23 that it is ready to make its independent e-shopping survey data available to merchants and e-commerce companies by subscription as they head into the 1999 holiday shopping season. By subscribing to the service, merchants will be able to tap E-BuyersGuide.com's proprietary database to find out who their online customers are and what they really think about the quality, service and value of products or services offered on their own Web sites and those of their competitors.
Since it launched version three in August, E-BuyersGuide.com has gathered in-depth online shopping data from thousands of e-shoppers via a survey on its Web site, opt-in e-mail surveys and field "click- and-mortar" surveys in shopping malls. Data generated by E- BuyersGuide.com has been referenced in national news coverage by CNBC, CBS MarketWatch, BusinessWeek, Forbes, Reuters, C/Net News.com, The Washington Post, The Atlanta Constitution, InformationWeek and The Boston Globe.
For further details about market research services available to e-retailers, visit http://www.e- buyersguide.com/.
Rachel Rasmussen was a Web Editor of DMReview.com.
