Kalido Awarded Patent for Data Processing System
Kalido, a provider of enterprise data warehousing and master data management software, announced that the company has been issued U.S. Patent No. 7,003,504 entitled "Data Processing System."
Kalido provided ebizQ with the following details:
Similar to the UK patent issued to Kalido in May of 2003, the U.S. patent covers the mechanisms found in some of the most fundamental features of the KALIDO® application suite (KALIDO), specifically adaptive data store, time variance, corporate memory, business-model driven technology and the way KALIDO stores and references master data. Kalido's chief architect, Dr. Chris Angus, and principal consultant, Bruce Ottmann, are named in the patent.
Most global organizations struggle to achieve a comprehensive, 360-degree view of their business. With disparate operational systems and business processes scattered across multiple corporate divisions, decision-makers find it difficult not only to reconcile the information, but also to quickly address changing business requirements. Only KALIDO, based on this patented technology, provides an adaptive application suite that conforms to the needs of the business; technology limitations constrain other approaches..
"The innovative capabilities of Kalido's software have enabled us to achieve extraordinary benefits," said Klaus Mikkelsen, Global Development Leader, Information Systems at Owens Corning. "In just ten weeks, we implemented a gross margin analysis data warehouse with unprecedented flexibility that was aligned specifically to our business model as well as business needs."
According to Mark A. Beyer, Research Director, Gartner, Inc.: "In order for a data warehouse to be a true infrastructure solution, the data structure has to be abstract enough for use across a wide variety of applications the data can then be restated logically or physically to optimize data usage for highly divergent analytic applications."
This patent further validates Kalido's technology and the software built upon it. Kalido's patented technology powers the enterprise data warehousing and master data management software that Global 2000 organizations use to obtain consolidated, timely views of business performance.
"In my experience, a successful company gains competitive differentiation and advantage through the combination of unique technology and the ability to execute," said James D. Foy, president and CEO of Aspect Software and member of the Kalido Board of Directors. "This patent, strengthens Kalido's position as an innovator and market leader a position already demonstrated by the company's significant successes in 2005."
"The market-leading flexibility of the KALIDO enterprise data warehousing and master data management software is based on the technology covered in this patent," said Andy Hayler, founder and chief strategist of Kalido. "The additional distinction of having our technology US-patented further bolsters the uniqueness of our software a claim that was first validated by the UK-patent in 2003."
Kalido provides adaptive enterprise data warehousing and master data management software to Global 2000 companies. The KALIDO® application suite (KALIDO) delivers consolidated views of enterprise performance and can rapidly adapt them to major changes in the business such as mergers and acquisitions, market consolidation, or new regulatory requirements. This improves the speed and accuracy of management and financial reporting without the cost and delay of operational system standardization. Kalido customers who have measured the business benefits of their projects have typically found they have derived annual savings of millions, and in some cases tens of millions, of dollars through improved management of their company performance and reduction of IT costs.
Kalido customers include some of the largest companies in the world, such as BP, Cadbury Schweppes, HBOS plc, Intelsat, Labatt Breweries of Canada, Merial, Owens Corning, Philips, Royal Dutch/Shell Group of Companies (Shell) and Unilever. These companies and many others use Kalido's award-winning software in over 100 countries for their enterprise-wide data warehousing and master data management projects. Kalido is the winner of the 2005 Gold Award in the Bloor Research "Packaged Data Warehouses" report.