Compudigm proves strategic business model with Bally Technologies agreement
Released on: December 5, 2007, 8:00 pm
Press Release Author: Frank Teklitz / Compudigm
Industry: Software
Press Release Summary: Compudigm seePOWER enterprise platform provides Bally with next generation of business performance analysis capabilities
Press Release Body: Las Vegas, Nevada - December 5, 2007 -Compudigm International is pleased to announce an exclusive worldwide agreement with Bally Technologies, Inc. (NYSE: BYI) to provide world class visual business intelligence integrated in Bally's solutions in the gaming industry.
Wout van Loon, CEO of Compudigm states, "This agreement shows how we are enabling solution channel partners and strategic system integrators with our leading visual business intelligence platform. Using the seePOWER enterprise platform and application development suite Bally will drive the next generation of business performance analysis capabilities to provide their customers with a strong competitive edge." The Compudigm products Bally is acquiring transform the deluge of data generated by entertainment companies and customer loyalty systems into actionable, visual insights which helps business managers and power users to make the smartest, fastest marketing and operational management decisions possible.
Bally Technologies and Compudigm International are leveraging their core strengths in entertainment and enterprise data visualization technologies to:
Enable Bally to deliver industry leading solutions in product analysis, customer marketing and enterprise business performance. Leverage Bally and Compudigm strengths in real-time operations and analytics to deliver powerful tools to business operations, while providing management real-time and predictive business knowledge Enable Bally to deliver the next generation of analysis solutions with a strong focus on enterprise performance management, strategy simulation, customer segmentation, profitability modeling, forecasting and overall business performance. Enable Compudigm to expand the seePOWER enterprise data visualization platform at an accelerated rate to vastly expand offerings for application delivery, predictive modeling, collaborative analytics, and real-time internet based operational performance
According to Bruce Rowe, Sr. Vice President of Strategy and Business Development for Bally, "Our deep knowledge and vision integrated with Compudigm's industry leading capabilities in visual business intelligence will enable Bally to deliver to our customers the leading solutions and business value to drive the highest proven returns from their investments."
Wout van Loon, adds, "The relationship with Bally is our first worldwide solution partnership and represents a significant part of implementing our new business strategy. With this relationship Compudigm will be able to focus exclusively on our core strength - delivering a world leading enterprise data visualization platform and application development suite for leading solution channel partners and strategic system integrators." The partnership with Bally is the first of many that will provide Compudigm the model to deliver the most compelling analytical tools to enable solution channel partners and strategic system integrators to build, deliver and maintain their own powerful analytical solutions on top of their offerings.
Anthony Wamsteker, Chairman of Compudigm said, "This agreement with Bally cements our strategy and supports Bally's business enterprise. This agreement provides the foundation for outstanding profitable growth for years to come." With this partnership Compudigm gains the means to deliver the most compelling analytical tools for customer behavior and understanding. It enables solution channel partners to build, support and rollout their own high value, industry solutions.
Compudigm and Bally are excited by the possibilities of this new agreement and are looking forward to our mutual success.
About Compudigm seePOWERTM Compudigm provides seePOWERTM - THE Visual Business Intelligence Platform for leading industry solutions in entertainment, retail, loyalty, financial services and manufacturing. seePOWER delivers unparalleled visualization capabilities that enable business executives, managers and analysts to quickly see and execute on business opportunities, manage risk and generate significantly faster returns by turning hundreds of metrics and thousands of data points into business action. seePOWER's visual business intelligence platform enables solution providers, system integrators and business users to build sophisticated analytical solutions that enable historic and real-time operational analysis throughout the enterprise by integrating powerful visualization catalogs and comprehensive metrics libraries with the enterprise data warehouse. seePOWER scales with the largest enterprises and delivers industry leading capabilities for market analysis and segmentation; predictive modeling; collaboration and communications; and simulation modeling. Compudigm provides world class education for our partners and customers to build, analyze and manage visual business intelligence solutions. To learn more, see our website at www.compudigm.com.
About Bally Technologies, Inc. Recognized as the industry systems leader with more than 368,000 machines at casino, bingo, Class II, central determination and lottery locations worldwide -- including more than 204 locations currently running Bally eTICKET(TM) on more than 236,000 slot machines -- the Bally Technologies systems product line offers slot machine cash monitoring, table management, cashless, accounting, security, maintenance, marketing, promotional and bonusing capabilities, enabling operators to accurately analyze performance and accountability while providing an enhanced level of customer service. With a history dating back to 1932, Las Vegas-based Bally Technologies designs, manufactures, operates and distributes advanced gaming devices, systems and technology solutions worldwide. Bally\'s product line includes reel-spinning slot machines, video slots, wide-area progressives and Class II, lottery and central determination games and platforms. As the world\'s No. 1 gaming systems company, Bally also offers an array of casino management, slot accounting, bonusing, cashless and table management solutions. The Company also owns and operates Rainbow Casino in Vicksburg, Miss. Additional Company information, including the Company\'s investor presentations, can be found at www.BallyTech.com .
Web Site: http://www.compudigm.com
Contact Details: Frank Teklitz Compudigm International (925) 735-1812 frank.teklitz@compudigm.com 6757 Spencer Street Las Vegas, NV 89119