NEW DELHI - Sage Software and Timeline Inc. today announced an agreement whereby Sage has acquired non-exclusive worldwide rights to Timeline's data mart patents.
According to the agreement, Sage will provide integrated data mart capabilities within any of Sage's ERP, accounting, CRM or business intelligence products.
Ron Verni, CEO of Sage, said, “This agreement gives us the ability to create highly automated Sage Business Intelligence products for our accounting, ERP and CRM solutions that can be delivered to both our small business and mid-market customers worldwide.”
“Sage Business Intelligence and advanced reporting products will offer our customers more timely, accurate and business focused information,” added Verni.
According to a statement, said, Sage is developing a range of business intelligence products to integrate with its market leading business management applications across North America, UK and Europe. Sage's IntelligentApps BI product is sold to divisions of large businesses including Morgan Stanley, Shell and Reuters, enabling them to conduct highly complex analysis of their financial and commercial data.
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