Kalido, the information management company that grew out of the Shell oil company, launched seven new products on Tuesday aimed at different vertical markets within what the company has dubbed the Active Information Management (AIM) area.
The seven new modules are incorporated into four groups, as follows:
- The Profitability Management Foundation is a range of pre-built business models to speed up the time taken to design and deploy systems for organising and analysing information.
- The Performance Management Foundation works from a corporate performance management (CPM) repository and a pre-configured model for data mart consolidation. According to Kalido, it provides a foundation for improved access to the information needed to manage and organise data.
- The Enterprise Data Management module is designed to maintain an underlying data infrastructure, and to address the needs of corporate and local management at the same time.
- The Master Data Management product aims to maintain integrity across multiple data sources. The industry-specific modules can then be slotted in.
"With AIM, customers can reduce the amount of time it takes to deliver the information to the business," Bill Hewitt, the chief executive of Kalido, told ZDNet UK. "Typically it takes 18 months to develop new data information applications. This goes from design, straight to prototype and then to production in a few weeks. We have one customer of the new solutions who has done that cycle in six weeks."
The company first developed as a business project among Shell executives, who had become frustrated by the time it took to get reliable and timely business information out of the company's systems. Two years ago, it split off as a separate, privately held company. Its current turnover is around $20m, said Hewitt, half coming from the US and half from the UK.
"With Active Information Management, companies can forever change the way they manage and deliver information to business users," Hewitt said.