ROLLING MEADOWS, IL--(Marketwire -03/20/12)- Quadrant4 Systems Corporation (Q4) (OTCQB: QFOR.OB - News) (OTC.BB: QFOR.OB - News) today announced that it has launched its national Hyperion practice specific to retail, healthcare and financial services industries.
Q4 will offer its global clients the architecture, development, implementation and training in Hyperion (a unit of Oracle), a leading provider of performance management software. This extends Q4's business intelligence capabilities to offer the most comprehensive system for enterprise performance management.
Over the past few quarters, Q4 has significantly reoriented its business intelligence practice strategy towards offering a best-of-breed business intelligence and performance management solutions that will work with heterogeneous information sources in an enterprise, both Oracle and non-Oracle.
The introduction of Hyperion practice extends our business intelligence service strategy. Customers are increasingly using a combination of performance management and business intelligence. Q4's Hyperion practice complements its current business intelligence offerings including a leading enterprise planning solution, world-class financial close and reporting, and a powerful multi-source OLAP server. Coupled with third party BI tools and pre-packaged analytic applications, the Hyperion practice redefines business intelligence and performance management by providing a fully integrated, end-to-end Enterprise Performance Management System that spans planning, financial close, operational analytic applications, BI tools, reporting, and data integration; all on a unified BI platform.
Dhru Desai, Chairman of the Board of Q4, said, "In today's universe of unusual amounts of structured and unstructured data, the ability to extract, cleanse and transform data into meaningful information is where various business enterprises are willing to invest their money nowadays. We truly believe that our Hyperion practice will provide a one-stop service to our clients."
About Quadrant4 Systems Corporation
Quadrant4 Systems Corporation delivers end-to-end information technology solutions to its clients through a unique blend of consulting, software development & maintenance; cloud based products and technology all from its global delivery centers. The company currently focuses on Financial Services, Health Care, Retail, Manufacturing, Oil & Gas, and Telecommunication sectors with a broad spectrum of services and technology practices that include ERP, SCM, CRM, e-Commerce, m-Commerce, SFA, Microsoft, Java and Legacy platforms, BI/DW, testing, platform migration, web technologies and others. The company plans to enter the IT enabled and managed services sector and cloud based services through business acquisitions and/or combination opportunities in the near future to further execute its articulated business strategy.
This release contains forward-looking statements which are subject to the inherent uncertainties in predicting future results and conditions. Any statements that are not statements of historical fact (including statements containing the words "believes," "plans," "anticipate," "expects," "estimates," and similar expressions) should be considered to be forward-looking statements, within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Exchange Act of 1934, as each is amended, for which the Private Securities Litigation Reform Act of 1995 provides a safe harbor. Certain factors (including but not limited to those risk factors identified from time to time in our filings with the Securities and Exchange Commission as well as changes in economic conditions; outcome of negotiations; changes in the Company's access to necessary capital; outcome of litigation; volatility of capital markets; variability and timing of business opportunities; changes in accounting policies and practices; the effects of internal organizational changes; adverse state and federal regulation and legislation; and the occurrence of extraordinary or catastrophic events and terrorist acts; or other unforeseen changes in circumstances) could cause actual results and conditions to differ materially from those projected in such forward-looking statements. We do not undertake any obligation to release publicly revised or updated forward-looking information, and such information included in this release is based on information currently available and may not be reliable after this date.
- business intelligence
- performance management
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