DALLAS, TEXAS, January 8, 2008 – River Logic, Inc., the leading provider of integrated business planning and advanced business modeling, today announced the formation of a strategic alliance with ABeam Consulting USA, Ltd., a leader in global business transformation services. Under the terms of the agreement, ABeam Consulting will use Enterprise Optimizer to provide enterprise level modeling and optimization solutions for clients in the manufacturing, financial services, consumer business, energy, and telecommunications industries, as well as those in the public sector.
Enterprise Optimizer is the only performance management software that aligns metrics, targets and execution requirements with strategy and financials. Through real-world integrated business planning, Enterprise Optimizer quickly identifies decisions that have the greatest impact on financial performance by providing a unified model of the entire enterprise.
Greg Ascolese, principal of ABeam Consulting, states, “Our clients require sophisticated decision support to effectively address the increasing complexity of their business. Spreadsheets can only take you so far. After evaluating Enterprise Optimizer, we determined that the system would yield significant value to our consulting staff and clients by simultaneously integrating financial data, sales and resources in a single model.”
John Oldham, senior vice president of River Logic, said, “ABeam has consistently delivered significant value to their end clients by effectively combining business experience with domain and technology expertise. We are honored to have them in the River Logic Partners Program.”
Enterprise Optimizer provides an accurate, holistic ‘super model’ of the enterprise. Through accurate representation of the collective business, managers can conduct detailed, integrated, end-to-end business planning. Enterprise Optimizer uses a proprietary translator engine and advanced mathematics to reveal optimal scenarios that align strategic planning with operational execution. Enterprise Optimizer’s dynamic algorithms enable consultants to extract greater insights and scenarios without the drudgery of creating, linking and debugging spreadsheet models. As a result, Enterprise Optimizer provides intelligent insights faster than spreadsheet-based models and is highly replicable, bringing even greater efficiencies to the modeling process.
About River Logic
Based in Dallas, Texas, River Logic, Inc. (www.riverlogic.com) is the leading provider of integrated business planning and advanced business modeling. River Logic’s flagship product, Enterprise Optimizer (EO), links financial planning and operational performance to create a unified model of the business. EO’s integrated planning capabilities provide financial performance scenarios based on strategic, tactical and operational decisions.
About ABeam Consulting
ABeam Consulting provides business transformation services that create strategic advantage, improve business processes, leverage technology innovation, and enhance organizational performance for leading multinational and domestic companies worldwide. ABeam, born from Deloitte Touche Tohmatsu’s Japanese consulting practice, partners with clients to diagnose and solve their real challenges with solutions that combine industry and operational best practices with technical expertise. Pragmatic approaches ensure that clients gain measurable value more quickly. Headquartered in Tokyo, ABeam’s 3,500 professionals serve clients in 21 countries. For more information, please visit www.abeam.com.
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For more information, press only:
Jeff Rice
Director of Marketing
214-393-4668
jrice@riverlogic.com