from DSSResources.comWüstenrot chooses MIS for effective performance reportingDarmstadt, Germany, September 21, 2005 -– Wüstenrot Versicherung, a leading Austrian insurance provider, has selected MIS DecisionWare software to optimise performance reporting at its Salzburg headquarters. This solution is one of the first business intelligence projects in Europe to run on Microsoft SQL Server 2005 Analysis Services, which will be officially launched November 7th. The MIS solution will enable users to view information on customers, contracts, damages and premiums. Users can then apply built-in analytics to examine current, historical and master data on any level of detail. The system processes over 20 million transactions per month on 2.5 million mortgages and insurance policies. The project, which began in May 2005, will first support senior-level management, finance and sales at Wüstenrot’s insurance and home financing divisions. By the end of the year the system will serve over 600 users including the field sales force and international subsidiaries. The company also intends to add data mining functionality to the system in order to analyse associations and calculate individual customer offers. An MIS customer since 2001, Wüstenrot currently uses MIS solutions for sales reporting and analysis, profit centre reporting and preparing quarterly financial statements. A clear advantage of MIS software is that users can generate new reports and analyses for senior management without IT invention. "The Wüstenrot project illustrates how SQL Server and MIS technologies work together to transform business data into knowledge. Together we provide our customers business intelligence applications to drive forward business decisions and performance," said Bill Baker, general manager for SQL Server Business Intelligence at Microsoft Corp. |