News

March 2008.
Bitam Announces SaaS Platform for Enterprise Performance Management
Low Cost Reporting Software Now More Affordable

Atlanta, GA – March 2008. Bitam, a Software 500 Company and global provider of Enterprise Performance Management (EPM) solutions, including Business Intelligence (BI), Financial Planning, and Strategic Planning, announces its Software as a Service (SaaS) Business Intelligence platform. SaaS is one of the fastest growing segments of the information technology (IT) industry because it provides a more cost-effective alternative for enterprises to achieve their business objectives than traditional packaged applications. The new Bitam offering will provide companies access to Bitam’s suite of EPM solutions via the Web using pay-as-you-go convenience. The software includes the ability to create customized and operational dashboards that incorporate business metrics and Key Performance Indicators (KPIs) for visualizing actual performance against plan with graphs, charts and tables.

Small and medium sized companies can benefit from Bitam next generation software, Bitam G6, with a lower cost of entry, speedier deployment, higher return, and more comprehensive functionality at a base price.

“Many small to medium-sized businesses (SMBs) are turning to the SaaS BI model as a cost-effective alternative to complex and expensive analytic reporting solutions. We are very pleased to expand our product offerings so that any company, of any size, can reap the benefits of the robust features and functionality found in Bitam G6,” says Antonio Rajan, US NorthEast Manager. “Our goal is to eliminate the barriers for customers to deploy BI solutions, but still for customization and in-depth analysis to make better business decisions.”

Bitam’s SaaS offering is a hosted application that provides preconfigured models for a monthly fee per user. With this plan, companies don’t have to incur the typical costs associated with large-scale installations or implementations within their organization. The software powers the metrics that enable performance reporting, governance, and accountability that help businesses analyze, plan, and manage their operations to meet business critical goals.

In support of a strategic alliance with accounting software provider, AccountMate, Bitam will launch the new SaaS functionality at the upcoming AccountMate Business Partners Synergy Show in San Francisco, California on March 15, 2008.

For more information about the Bitam solutions and product offerings, please contact sales@bitam.com.

About Bitam
Bitam is a global provider of Enterprise Performance Management (EPM) software solutions for Business Intelligence (BI), Financial Planning, and Strategic Planning. EPM software powers the metrics that enable performance reporting, governance, and accountability that help businesses analyze, plan, and manage their business operations to meet business-critical goals. Bitam solutions are known for their rapid deployment, a high rate of adoption by users, low implementation risk, lower costs, ease of use, minimal training requirements, and wide acceptance by the international operations of companies of all sizes. Bitam, founded in 2000, is headquartered in Atlanta, Ga., with 18 global offices spread throughout the United States, Europe and Latin America. Bitam has served more than 1000 customers including Pfizer, Coca-Cola, Home Depot, Johnson Controls, Pemex, GNC, Black & Decker, Janssen and government clients, through direct sales or our extensive partner network. For more information, visit www.bitam.com.