Tagetik launches its new Tagetik 4.0 software platform at 2011 Global Conference

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FOR IMMEDIATE RELEASE

Tagetik, a global provider of enterprise software solutions for Performance Management, Governance, Risk & Compliance and Business Intelligence, today opened “Tagetik in Touch”, itsfifth global conferenceat the historical Real Collegio in Lucca, Italy. The company welcomed over 500 customers, analysts, partners and industry experts to celebrate its latest accomplishments in delivering flexible, effective solutions for the Office of Finance. One highlight of the two-day event is the official launch ofTagetik 4.0, the latest release of its renowned software platform.

During the first-day general sessions, Manuel Vellutini, Chief Operating Officer, and Marco Pierallini, Chief Development Officer, gave a keynote speech reviewing key milestones for Tagetik in the past year as well as an outlook of the road ahead. The company’s executives emphasized Tagetik’s specialist vendor approach and ongoing focus on product innovation, customer satisfaction and partner collaboration.

“Our company has made a rapid, successful ascent into the Performance Management and Business Intelligence software markets in the past years,” explains Vellutini. “Our undying determination and specialist vendor approach are the reasons why we have been winning against major global competitors. Tagetik is positioned among the top five worldwide vendors in the Magic Quadrant for Corporate Performance Management solutions. As market studies show, we have strengthened our position year after year through our proven track record for innovation and execution, high customer satisfaction rates and our complete focus on financial process excellence.”

“Tagetik is both global and ‘boutique’ because we deliver our undivided attention to performance software – and not many different types of solutions like most other players on the market,” adds Vellutini. “Our vast expertise in finance and performance management flows back into our technology to provide a unified, collaborative platform that simplifies and streamlines business processes throughout the Office of Finance. We believe we do it better than anyone else and we are pleased that Microsoft has awarded our efforts by naming Tagetik its 2011Microsoft ISV/Software Line of Business Partner of the Year.”

“In addition to exploring the brand-new functionality in Tagetik 4.0, attendees will learn about our upcoming developments,” explains Marco Pierallini. “Tagetik has exciting new and upcoming features in the areas ofmobile BI,in-memorytechnology andcloud computing

.” The session ‘The Future of BI in Tagetik 4.0: Mobile BI with Roambi and SQL Server Denali’ will include an introduction and demo of these new technologies and provide the roadmap for their integration within Tagetik 4.0. “Throughout the conference, we will also present case studies of customers who share Tagetik’s vision for‘Collaborative’ Performance Managementwhich makes Business Intelligence and Performance Management processes as collaborative as possible,” he continues.

Pierluigi Pierallini, President and CEO at Tagetik adds, “We have revamped the traditional format of our annual conference to promote even more dialog among our participants and truly ‘get in touch’ with peers, colleagues and experts around the globe.” On both days of the conference, users can participate in fivebreakout sessionson a variety of topics including:

Tagetik customers will share project experiences and best practices in informativecase studieshosted by Keller Group, Platinum Administrative Services, KAR Auction Services, Talanx AG, Vinson & Elkins, Crif, ISAB, Dyckerhoff AG, Bolton Group, Oetker Group, Propex and Lombardini Group. Users can also preview the latest Tagetik 4.0 features indemo presentationsand1-hour, hands-on workshopswith Tagetik product experts. In addition, attendees will have the opportunity to liaise with conference partners and sponsors including Accenture, KPMG, PricewaterhouseCoopers, Microsoft, Roambi, Excent, Twinergy, Aeonvis, Age Consulting, Altea, Blue Sof Consulting, Reply, ANDAF, Data Manager, Executive.it and ZeroUno.

Other highlights of the event include presentations fromGartner analystsas well as industry experts fromMicrosoft:

Day 2 will end with apanel discussionon “BI and Performance Management at the Core of Finance” hosted by Neil Chandler, Research Director at Gartner. Rounding out the panel are Bani Brandolini, President International at Tagetik; Achim Heidebrecht, Head of Group IT at Talanx AG; and Mike Willis, Partner PricewaterhouseCoopers, Global XBRL Leader and Chairman Emeritus XBRL International.

Prior to the conference, Tagetik partners and system integrators worldwide attended an exclusivepartner summitbringing together leading consulting, software and technology professionals throughout the industry. In addition to Tagetik executives and senior consultants, speakers included prominent experts from Microsoft Corporation: Persio Afonso, Partner Marketing Director, SQL Server Product Group; Chris Dial, Director, ISV Partner Development, Western Europe; and Sanjay Jacob, Senior Manager. The agenda focused on the competitive landscape positioning Tagetik and Microsoft against mega-vendors as well as an array of Tagetik developments and partner experiences in new application areas such as Collaborative Disclosure Management (CDM). Strategic and Premiere Partners also met one-on-one with Tagetik management to discuss joint go-to-market opportunities and plans for the upcoming year.

The 2011 conference presentations and videos will be published on the Tagetik Web site by mid-November.

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@tagetik

and tweet the conference: #tagetikintouch
 

Tagetik delivers a unified

software

solution forPerformance Management,Enterprise Governance, Risk & Compliance, andDisclosure Managementwith specializedBusiness Intelligencetools to optimizeCollaboration and Communication.

Tagetik 4.0creates value by simplifying complex business processes forCFOsandCIOs: budgeting, forecasting, cash flow planning, statutory and management consolidation, cost allocation, profitability analysis, financial close and fast closing, dashboard, scorecarding, collaborative disclosure management and compliance/industry requirements. Tagetik 4.0 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's vision to extend Performance Management and Business Intelligence to collaborative decision-making inspired us to developTagetik 4.0 Enabled by Microsoft SharePoint, moving CPM from Corporate toCollaborative Performance Management.

Tagetik operates in20 countriesleveraging a close partnership with Microsoft. Its market experts are totally committed to the success of

400 customers worldwide

, including some of the largest Fortune 1000 companies representing all industry sectors, as well as to build strong relationships with system integrators, technology leaders and local consulting specialists.

Tagetik is aMicrosoft Gold Independent Software Vendor(ISV) and has won the 2011 Microsoft ISV/Software Line of Business Partner of the Year Award.

News Source : Tagetik launches its new Tagetik 4.0 software platform at 2011 Global Conference