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2025

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SAP Takes Lead in Business Intelligence Market – Rolls out New Analytics for SMBs

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SAP AG has announced that IDC has found it to be the leader in the worldwide business intelligence (BI) tools market based on software license and maintenance revenue (including subscription revenue). IDC also reported that SAP has grown faster than the worldwide market for financial performance and strategy management (FPSM) applications for the fifth consecutive year.

 

The two IDC analyses – “Worldwide Business Intelligence Tools 2010 Vendor Shares”(1) and “Worldwide Financial Performance and Strategy Management Applications 2010 Vendor Shares”(2) – found that SAP leads the worldwide BI market with revenues of $1,866.4 million and a 21 percent market share, while revenue for FPSM was $629 million constituting a 24.9 percent market share. From 2009 to 2010 SAP outperformed the worldwide market growth in each category: for BI tools SAP grew by 19.9 percent compared to the total market growth of 11.4 percent, and for FPSM applications it grew by 17.5 percent compared to the total market growth of 9.2 percent.

 

“Our momentum continues to grow as we focus heavily on delivering customer success by executing on our business analytics roadmap, bringing to market new and innovative releases of our BI, EIM, EPM and GRC solutions,” said Steve Lucas, general manager, Business Analytics, SAP. BI and FPSM solutions are part of IDC’s taxonomy for the overall business analytics market.

 

As SAP is taking the Business Intelligence (BI) market by storm with this latest survey, SAP general manager, Business Analytics, Steve Lucas explains that the company’s momentum will continue to grow as it focuses “heavily on delivering customer success by executing on our business analytics roadmap, bringing to market new and innovative releases of our BI, EIM, EPM and GRC solutions.”

 

In addition to this, SAP will soon roll out Crystal Server 2011 and Business Objects Edge 4.0, a pair of new BI (business intelligence) products aimed at small and medium-sized companies, the company announced recently.

Crystal Server 2011 was formerly named Crystal Reports Server. The change was made because SAP is “really positioning [it] as an entry-level BI platform,” and not just something for reports, said Jayne Landry, vice president of solution management, business analytics and technology.

 

The products are scheduled to be generally available in the first few weeks of July, aligned with the release of Business Objects 4.0, the enterprise-level version of SAP’s analytics products. This is a change from the past, when Edge’s release would come six to eight weeks after the high-end version, Landry said.

 

Crystal Server 2011 has new features such as the Explorer tool for “drilling down” into data sets as well as an information design tool. It’s limited to a single server and 100 named users, according to an SAP document. The idea is that customers who outgrow products like Crystal Server 2011 can step up to one with more features.

 

Edge 4.0 takes the Crystal Server feature set and adds others, such as Web Intelligence, mobile BI and integrations to applications such as Oracle E-Business Suite. There is also an EDGE edition that adds data-integration tooling and a third that bundles data management software.

 

All Edge versions are also limited to a single server. For multi-server support, unlimited users and other features, customers would upgrade to Business Objects 4.0. “No matter where a customer starts, their investment is protected,” Landry said. For one, SAP has created a common user experience across the various products, which could save time and money on training.

Alitheia Capital – They Can Fund Great Ideas And Are Lagos Based

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Alitheia creates investment structures, provides project management and incubates businesses. Its business streams include Fund Management, Project/Business Incubation and Corporate Strategy and Development. This company recently invested in PagaTech through the Goodwell West Africa. If you have the right idea, it is the type you can send an email.

 

Alitheia was founded by professionals with in-depth, relevant experience of transaction structuring and execution; business formation and development; real estate development and investment management. The team is led by Jumoke Akinwunmi and ‘Tokunboh Ishmael. Together they have over 35 years experience spanning investment banking, private equity investing, technology and new business development, project and asset management.

 

Key Services

Fund Management
The Company’s fund management business focuses on two areas – (i) the management of specialised funds that enable sustainable investments, which meet the twin objectives of positive economic and social impact; and (ii) the leveraging of existing and newly developed real estate portfolios for private equity investments.

Project Management
The Company lends its strong technical competencies and deep knowledge of its key markets to the development and management of commercial and residential properties; and advises on strategies for unlocking capital tied up in real estate. Our real estate offerings broaden participation in the sector and address the scarcity of project management expertise
Business Incubation/Corporate Strategy and Development
Alitheia advises its clients on the development of new businesses, the restructuring and turnaround of existing businesses. Our services include start up execution, business planning and funding.

Draper Fisher Jurvetson Investment in PagaTech Was Close to $1m

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It was reported that a U.S. based popular venture capitalist invested in Paga few months ago. No amount was mentioned. But Tekedia  reports that through an internal source that the investment is close to $1m. Our source put it at between $850,000 to $1m.

 

Paga will continue to attract investments because of its unique product which is a growth area. The license from the CBN is basically all that it needs to attract investors. Forget the technology, just the license. In short, the license as the investment and not the technology. Nigeria is the biggest black race and this mobile payment thing could be disruptive to banking. And that is why the like of UBA is moving into Uno.

 

The investment was made through the Draper Fisher Jurvetson (“DFJ”) which backs extraordinary entrepreneurs everywhere who set out to change the world. DFJ achieves its mission through its DFJ Global Network of Partner Funds. Together, DFJ and the Network manage over $7B and have made more than 600 investments on four continents. With a 25-year history of success across diverse sectors and market conditions, DFJ has led the way investing in emerging technologies, from the Internet and life sciences to clean energy and nanotechnology.

 

Pagatech was founded in early 2009 with a mission to transform lives by delivering innovative and universal access to financial services across Africa. Our first product offering, Paga, is a direct to consumer mobile payments service launched to the general public in February 2011. Paga is an innovative, open, secure, and interoperable mobile payments platform that allows any person who has a mobile phone to transact electronically – thus turning the mobile phone into an electronic wallet.

Goodwell West Africa Invests in Paga – The Lagos Based mPayment Company

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Goodwell West Africa, a microfinance investment vehicle co-managed by investment manager Goodwell Investments and Alitheia Capital in Nigeria has invested Paga – the Lagos based mobile payments company.

 

Paga is a pioneering mobile money service launched in Nigeria in February 2011, after receiving approval from the Central Bank of Nigeria. With Paga, any person with a mobile phone or access to the internet is able to send cash, purchase airtime credit, pay bills, pay retailers and perform a variety of other transactions. Paga operates via a nationwide network of dedicated agents, which include several hundred agents associated with DStv, the leading provider of multi-channel pay television in Africa, with whom Paga has an exclusive partnership.

 

Goodwell Investments is an innovative impact investment firm focused on access to finance and sustainable development. It invests in entrepreneurial microfinance organisations on a socially and commercially sustainable basis. Its microfinance investments are focussed on two regions: India and West Africa. In West Africa, Goodwell works in partnership with Alitheia Capital based out of Lagos.

No amount was stated.

DealDey Closes on 100,000 Customers – Have ePayment Systems Now

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The service that Groupon invented is doing well in Nigeria. DealDey which was founded recently by Harvard graduate  Sim Shagaya is doing just fine. It now has close to 100,000 customers. Tekedia was informed that this company can top  500,000 customers before the end of 2011 at the rate customers are signing. There is a deal right now for women and you can save a good deal.

 

Launched in March 2011, DealDey features a daily deal on the best things to do, see, eat, and buy in Lagos. DealDey is an easy and fun way to get fantastic deals on great experiences. At DealDey we support local businesses and in return they support consumers with good savings! We want to create a “Win-Win” scenario each and every day for local merchants who want to attract new customers, and consumers who want to save money and take advantage great services and activities in their own city.

 

Our company philosophy is simple: We help great businesses be found by consumers who are looking for a great deal. Our members and featured businesses are treated with utmost care and respect. Our primary motive is to keep both our customers and merchants happy and coming back every day.