Brio Software Delivers Performance Dashboards to Comerica Offices Throughout The U.S.
Combined Brio Software and IBM Solution Provides Thousands of Customer Relationship Managers with Customer, Product and Revenue Information
SANTA CLARA, Calif., April 29, 2003 -- Brio Software Inc. (Nasdaq: BRIO), a leading provider of next-generation business intelligence tools, today announced that Comerica Incorporated (NYSE: CMA) will utilize a Brio and IBM solution to provide 3,000 customer relationship managers with tools to quickly view dashboards, built with Brio's SQR(TM), to measure customer revenue, product usage and other performance criteria. One of Comerica's goals is to increase revenue by having customers utilize more Comerica products and services. Using SQR reporting and analysis tools, Comerica will measure how well relationship managers are meeting this objective by reporting revenue and the product portfolio associated with each customer. The initial deployment to corporate banking relationship managers will occur by September 2003, with all 3000 relationship managers using the solution by first quarter, 2004.
"Ease of use is critical for this solution. Decision-makers at locations all over the U.S. need quick, easy access to their dashboards and the ability to see underlying details," said Steve Rust, first vice president, Management Reporting, Comerica. "With our Brio solution, employees will utilize simple point and click navigation techniques to open, view and print individual performance metrics and related management reports."
Brio and IBM proved the solution in a rigorous proof of concept. Brio's seamless integration with IBM and its intuitive user interface shield decision-makers from solution complexity. At Comerica, SQR accesses and analyzes data from an IBM DB2 data warehouse and then delivers it to users through a customized dashboard interface. SQR provides next-generation reporting tools that create dashboards against an IBM DB2 data warehouse. As employees click on their desktop icon, they are being securely logged into the Brio system to access the dashboards and underlying data they have permission to view.
"Comerica is a solid example of Brio and IBM working together to meet a customer's unique solution needs," said Neil Patil, vice president of product marketing, Brio Software. "With IBM's DB2 data warehouse solution and SQR's flexibility for creating customized reporting such as dashboards, we're confident that Comerica relationship managers will have easy access to the measures they need to improve performance."
"Independent software vendor Business Partners have become a critical component in IBM's go-to-market strategy," said Lauren Flaherty, Vice President of Marketing, IBM Data Management Solutions. "The success at Comerica illustrates the strength of the IBM / Brio team working together to solve complex business issues with a complete solution that exploits DB2 Universal Database and Brio Performance Suite, and which meets the customer's specific needs."
Comerica Incorporated is a financial services company focused on business banking and asset gathering. Through it's more than 500 customer-service locations, including branch, lending and investment offices, Comerica helps businesses and people be successful. Comerica is ideally positioned to deliver high quality financial services in Michigan, California and Texas, as well as in Florida, and numerous other states, Canada and Mexico. Munder Capital Management and Comerica Securities are investment services affiliated. Comerica reported total assets of $53 billion at December 31, 2002.
About Brio Software
Brio Software helps Global 3000 companies achieve breakthrough business performance with one of the industry's most comprehensive and best integrated suite of business intelligence tools. Widely recognized as one of the easiest-to-use and deploy solution in the industry, Brio tools are used by 75 of the Fortune 100 and more than 2 million people worldwide. Brio Performance Suite and Brio Metrics Builder empower individuals, workgroups and executives to turn enterprise information into actionable insight, resulting in superior decisions and business performance. Founded in 1989, and headquartered in Santa Clara, CA, Brio products and services can be found around the globe at http://www.brio.com/ .
NOTE: Brio Intelligence, Brio Portal, Brio Reports, Brio Metrics Builder and Brio Performance Suite are trademarks of Brio Software. All other trademarks are property of their respective owners. The statements in this press release regarding Brio Software, Comerica and IBM are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended. Such statements are subject to risks and uncertainties that could cause actual results to differ materially from those anticipated. Such risks and uncertainties include, but are not limited to, changes in customer requirements, differences in customer and partner implementations of Brio Performance Suite, changes in Brio's business strategies, as well as Brio's future product direction and general economic conditions. For a more complete discussion of risk factors that could affect Brio's current and future operating results, see the discussions in Brio's reports filed with the SEC from time to time, including but not limited to Brio's Annual Report on Form 10-K/A for the year ended March 31, 2002 filed with the SEC on June 5, 2002; Brio's quarterly report on form 10-Q for the quarter ended June 30, 2002, filed with the SEC on August 14, 2002; Brio's quarterly report on form 10-Q for the quarter ended September 30, 2002, filed with the SEC on November 14, 2002; and Brio's quarterly report on form 10-Q for the quarter ended December 31, 2002, filed with the SEC on February 14, 2003.
SOURCE Brio Software Inc.
Web Site: http://www.brio.com