BriefsKXEN Launches UK OperationsU.S.-based Analytic Software Company will Deliver Simple, Powerful Data Modeling Solutions Enabling Better Business Decision Making for UK Organizations San Francisco, CA - September 5, 2001 - KXEN', a global analytic software company that provides powerful, predictive and descriptive modeling technology for both data mining professionals and business decision-makers, today announced the launch of its groundbreaking data modeling products in the UK. Grayson Amies, KXEN's UK operation manager, said: "Peterborough is the perfect location for our new UK sales office. It's situated at the very center of the East of England which is renowned worldwide for its information technology, biotech, and telecom business - it's a dynamic region for growing companies. We are grateful for the on-going support of the East of England Investment Authority and Greater Peterborough Investment Agency in helping us to develop our UK operations." "In the economic slowdown, business intelligence (BI) is being hyped as the technology that will enable companies to hang on to their existing customers," explained Amies. "According to a report by Giga, the global BI market will be worth $17 billion by 2004. KXEN's software not only helps organizations retain customers, it will also identify any new customers that are out there. The launch of KXEN's Peterborough operations is a boost for UK businesses that previously could not afford extensive data mining resources, but will now be able to predict customer behavior quickly and without consuming technical expertise." Roger Haddad, CEO of KXEN, said: "The fact that business data is invaluable and that the years of experience it represents must be drawn on as much as possible has been well documented. Data modeling enhances the data mining process enabling companies to draw critical information from mountains of data and then turn that information into knowledge. Using predictive techniques, organizations can both anticipate the behavior of existing customers and accurately identify potential customers." "By enabling business-focused staff to do this themselves in a fraction of the time it would usually take an analyst, KXEN Components free analysts from a time-consuming task and put the tremendous power of the latest data technology where it is needed most - in the hands of the people who can maximize commercial gain from analysis," added Haddad. "Using our software, all personnel will be able to extract new knowledge on customers and markets." KXEN Components can be easily integrated into existing applications and specific industry solutions, including customer relationship management, sales automation, supply chain management, network management, financial technology, fraud, forecasting, and biotechnology. The KXEN suite automates the data preparation, coding, and modeling process and enables users to build predictive and descriptive models in near real-time. KXEN software components are available through systems integrators and original equipment manufacturers including Accenture and Norkom. For more information on KXEN, visit www.kxen.com. KXEN and the KXEN logo are trademarks of KXEN, Inc. All other trademarks are the property of their respective owners. |
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