Software/Service delivers BI information to organizations.

Press Release Summary:

LAVA(TM) On Demand is available as managed service where BI data remains within company's firewall as well as hosted service targeting organizations with few IT resources. Featuring self-service performance dashboards to present customizable view of business, software includes data integration capabilities, streaming data engine, and integrated workflow and collaboration features.

Original Press Release:

Celequest Advances BI for the Masses with New Software-as-a-Service Offering

'LAVA On Demand' First On-Demand BI Offering Available as Both Hosted and Managed Service, Reducing Cost and Complexity of BI

REDWOOD CITY, Calif., Oct. 10 -- Celequest, the leading provider of operational business intelligence (BI), today announced LAVA(TM) On Demand, the first "Software-as-a-Service" (SaaS) offering for BI available as both a hosted and managed service.

Celequest takes all the benefits of the LAVA appliance -- scalability, ease of deployment, and low TCO -- and delivers them as a fully managed service. With low upfront costs, pay-as-you-go pricing, and trouble-free installation and management, LAVA On Demand enables organizations of any size, even those with minimal IT resources, to benefit from the power of operational BI.

"LAVA, the industry's first BI appliance, was designed to bring critical BI information to thousands of users without the complexity or cost associated with traditional BI offerings," said Diaz Nesamoney, chief executive officer of Celequest. "LAVA On Demand now enables customers to truly deliver BI to end users as a service, with zero administration and maintenance headaches and on a subscription basis. This offering also makes Celequest accessible and affordable for small to medium-sized businesses, dramatically extending the reach of our technology."

According to a June 2006 report by Gartner, entitled, "Findings: The Software-as-a-Service Model Shows Limitations for Business Applications," authored by Michael Maoz and Robert P. Desisto: "The emergence of software-as-a-service (SaaS) will enable organizations to disaggregate commoditized functionality that was expected to be part of large enterprise suites. This will potentially bring about greater flexibility and agility, release IT resources, and give users, (especially in small and midsize businesses, where centralized IT is less critical), access to a range of emerging vendors and their plug-and-play SaaS applications."

Organizations can get started with as few as five users and scale up to thousands as requirements grow. Since Celequest manages and monitors the hardware and the software, companies will reduce their administration and maintenance costs, while enjoying improved uptime and more reliable performance. And unlike with other SaaS products, companies can address data security and data integration issues by choosing to keep all their BI data entirely within the company's firewall.

"BI Your Way": Hosted or Managed Service

LAVA On Demand is available in two subscription-based options: a managed service, where BI data remains entirely within the company's firewall; and as a hosted service, hosted by Celequest.

LAVA Managed Service is the first SaaS offering in the BI industry that enables companies to enjoy the benefits of managed software while ensuring that data remains secure. In this model, Celequest remotely manages a dedicated LAVA appliance housed inside a customer's firewall, avoiding the pitfalls of data security and remote data integration. This is made possible by the new LAVA Remote Service Manager, which handles upgrades, patches, software and hardware monitoring -- as well as troubleshooting and recovery. No data is ever transmitted outside the company's firewall.

LAVA Hosted Service provides a 100% hosted solution at an even lower initial cost. This model is ideal for organizations with few IT resources, as it requires no IT involvement and no hardware or software need be installed internally. It also works best when there are only one or two data sources -- or when application data is already hosted outside the company, such as on .

Key Features

o Self-service Performance Dashboards present an at-a-glance view of the
business that can be customized by individual users as business
conditions change.
o Extensive data integration capabilities seamlessly aggregate and
correlate data from multiple operational systems, data warehouses and
other data sources.
o Patent-pending streaming data engine enables continuous updates to key
performance metrics and fast end-user query response times.
o Integrated workflow and collaboration features provide closed-loop task
management and automatic alerts based on business rules.
o Compliance with SOA standards allows plug-and-play installation.

Pricing and Availability

LAVA Managed Service is now generally available; LAVA Hosted Service is available in an initial roll-out for customers with pricing starting at $995 per month. To talk to a Celequest representative about LAVA On Demand, please call +1-650-598-0300 or toll-free at 866-786-1500.

About Celequest

Celequest is the leading provider of operational business intelligence (BI) solutions. Celequest's award-winning technology is the foundation of LAVA(TM), the industry's first on-demand BI solution that enables companies to provide up-to-the-minute business information to thousands of operational workers, empowering decision-makers across the organization to spot emerging trends, immediately take action when problems arise and positively affect their company's bottom line. Celequest customers include Citigroup, Fifth Third Bancorp, NCO, Jefferies, Software Spectrum, Dreyer's Grand Ice Cream Holdings, the Clorox Company, Brocade and Cendant Corporation. Celequest is a privately held company based in Redwood City, California. For more information about Celequest, please visit .

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Source: Celequest

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