Vanguard Software CEO Speaks at NC State about Ground-breaking Software

Vanguard System's™ Enterprise Decision Analysis Software Captures Attention of NC State’s MBA Program

Cary, NC – October 16, 2006 – Rob Suggs, CEO of Vanguard Software Corporation, a leader in decision-support analytics, gave a lecture at North Carolina State University’s (NC State) College of Management about next generation software technology for Business Intelligence and Decision Analysis. Delivered during a graduate level course entitled Enterprise Systems, the lecture focused on the Vanguard System™, a recently released enterprise decision analysis and collaborative modeling application that is uniquely capable of capturing company know-how in the form of active, quantitative business models. “The Vanguard System shows that business intelligence is more than evaluating company performance already achieved, but is about looking to the future to predict courses of action not yet taken by a firm,” said Marianne Bradford, Associate Professor of Accounting at NC State. “This has implications for strategy and, specifically for accounting, evaluating the affect of decisions on risk outcomes to a firm.”

The Enterprise System course focuses on the trend towards company-wide data integration using enterprise resource planning software for managing customer relations, supply chains, corporate knowledge, and business intelligence. A measure that is necessary today as businesses face unprecedented pressures under which they must constantly innovate in order to remain competitive. “It is obvious that Vanguard is on the cutting-edge of business intelligence software. The ability to take historical data and feed it into models that help make strategic decisions will truly change the way many companies shape their business,” said Joe Starr, a lecture attendee.

Suggs explains that “the Vanguard System is the first decision support application to combine the sophisticated analytics, knowledge-capture interface, and collaborative modeling capabilities that are required for true enterprise decision-making. The collaborative nature of the system makes it possible for companies to build management estimates, knowledge about markets, suppliers, manufacturing techniques, etc., into cohesive, future models. The basis for the forward-looking modeling capabilities that we support can’t be found solely in historical data, the method used by traditional BI systems, but by applying scientific rigor to management estimates, expectations, and insights. This gives decision-makers the power to answer pivotal questions and make proactive, strategic decisions. “

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About Vanguard Software

Vanguard Software is a privately held corporation founded in 1995 to develop business Decision Support software. Customers in over 60 countries and in every major industry use Vanguard’s software for forecasting, resource optimization, Web-based expert systems, and financial modeling. For more information about Vanguard, visit http://www.vanguardsw.com/.