Tagetik Introduces the CPM (R)Evolution

LUCCA, Italy, September 28, 2010 /PRNewswire/ --

- 400 Participants Across the World Attended the Company's 2010 User Conference

Tagetik, a global provider of enterprise software solutions for Performance Management, Governance, Risk & Compliance and Business Intelligence, welcomed over 400 customers, analysts, partners and industry experts to its 2010 User Conference from September 23-24, 2010 in Lucca, Italy. During this 2-day event, Tagetik shared its vision for making Business Intelligence and Performance Management processes as collaborative as possible, a concept which the company calls 'Collaborative Performance Management'. This year's conference, hosted at the historical Auditorium San Romano, boasted a strong international turnout of over 55%.

During the first-day sessions, members of Tagetik's senior management team introduced the 'new' CPM in the featured presentation 'From Corporate to Collaborative Performance Management'. Other day 1 highlights included analyst, partner and customer speeches:

    - Rita Sallam, Research Director at Gartner, explained how to improve the
      quality and transparency of budgeting and forecasting processes with
      collaborative decision-making tools.

    - Will Golding, Director of Business and Marketing Organization at
      Microsoft Italy, and Bob Baker, Director of BI Partner Strategy at
      Microsoft Corporation, spoke about delivering next-generation
      business solutions through its strategic partnership and strong
      technological integration with Tagetik technology.

    - Tory Baker, Chief Financial Officer at NORDAM (http://www.nordam.com),
      and Jamie Lane, Director of Financial Planning and Analysis,
      presented how they are implementing Tagetik 3.0 to integrate financial
      planning and drive collaboration, transparency and accountability.

    - Evan Rosen (http://www.thecultureofcollaboration.com), an
      internationally recognized collaboration and communication strategist,
      introduced his book, 'The Culture of Collaboration(R)', in a keynote
      speech tied to the conference theme.

The first day ended with a panel discussion on 'The Rise of Collaboration in Managing Business Performance' where influential speakers debated their points of views and shared experiences from the field. Day 2 of the conference featured four breakout sessions for Collaborative Performance Management, Governance, Risk & Compliance, solutions for the financial services industry as well as sponsor offerings.

"Attendees gained a sneak preview of our new vision for CPM, experienced our new Tagetik 3.0 Enabled by Microsoft SharePoint (http://www.tagetik.com/software) and Tagetik 3.0 Collaborative Disclosure Management (http://www.tagetik.com/events-news/press-releases/cdm) solutions in action and saw new features to facilitate budgeting, planning and forecasting as well as governance, risk and compliance processes," explains Manuel Vellutini, Chief Operating Officer at Tagetik. "In addition to learning about our industry offerings for banking, financial services and manufacturing, they also gained best practices from case studies hosted by Askoll Group, Costa Crociere, OCLC, Carige Group and other customers. Attendees also had the opportunity to liaise with conference partners and sponsors such as KPMG, Microsoft, Age Consulting, Altea, Excent, Sysdata, AIVE Group, PricewaterhouseCoopers, Reply Cluster, SDG Group and Twinergy."

"We are truly honored by the great turnout and active participation at our fourth annual user conference," adds Pierluigi Pierallini, President & CEO at Tagetik. "I hope that these two days were not only enjoyable but also inspired ideas, discussion and reflection. At Tagetik, we believe that effective teamwork is more important than ever in Performance Management and Business Intelligence. And with today's collaborative and communication technologies, companies can add value to the way they manage and control all business areas down to operational decision-making levels."

Tagetik partners and system integrators also had the opportunity to attend a one-day international partner summit on Wednesday, September 22, 2010. Here, partners received a special vision and strategy briefing, learned details on the new Tagetik Partner Program and discovered how to leverage new business opportunities with Microsoft. Guest speakers, Chris Dial, Application Platform Marketing Lead at Microsoft's Western Europe headquarters, and Bob Baker, Director BI Partner Strategy at Microsoft Corporation, guided the session on opportunities for Microsoft partners in the Tagetik community.

As an informal end to the annual user conference, Tagetik organized the first Tagetik Golf Cup on Saturday, September 25th at the Versilia Golf Club in Forte dei Marmi. This event provided an excellent opportunity for Tagetik customers, partners and employees to recharge after two days of intense work. Matteo Manassero, who at the tender age of seventeen is already one of the world's most promising young professionals, was a guest star at the event. "Tagetik identifies with the professional achievements that Matteo has made in such a short time. His rapid ascent into a successful career shares many parallels with our own corporate history. Although we started from scratch just a few years ago, we also have been able to compete and thrive in a market dominated by a few major global players. And, like Matteo, we attribute this success to our undying determination and passion," concludes Manuel Vellutini.

The 2010 user conference presentations and videos will be published on the Tagetik web site (http://www.tagetik.com/events-news/virtual-conference) by the end of October.

About Tagetik

Tagetik - a Microsoft Gold Certified Partner - delivers a unified software solution to support Performance Management and Enterprise Governance, Risk & Compliance, plus extended Business Intelligence, Collaboration and Communication. Tagetik 3.0 creates value by simplifying complex business processes for CFOs and CIOs: budgeting, planning and forecasting, consolidation and reporting, financial governance, strategy management, profitability modeling, working capital analysis and compliance/industry requirements. Tagetik 3.0 is the solution to translate strategy into operations, manage and control overall performance down to business transactions, and improve decision-making across the whole organization while achieving faster ROI and lower total cost of ownership (TCO).

Tagetik operates in 13 countries leveraging a close partnership with Microsoft. Its market experts are totally committed to the success of 400 worldwide customers, including some of the largest Fortune 1000 companies and representing all industries, as well as to foster synergies with system integrators, technology leaders and local consulting specialists. To learn more: http://www.tagetik.com

    Corporate Press Contact:
    Elisabetta Pierallini
    +39(0)583-96811
    [email protected]

    US Press Contact:
    Alessandra Gamba
    +1-203-391-7520
    [email protected]

    UK Press Contact:
    Caroline Powell
    +44(0)20-8297-5388
    [email protected]

SOURCE Tagetik