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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