Vanguard Software CEO Speaks at NC
State about Ground-breaking Software
Vanguard System's™ Enterprise Decision
Analysis Software Captures Attention of NC States
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 Universitys (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 cant 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 Vanguards
software for forecasting, resource optimization, Web-based expert
systems, and financial modeling. For more information about
Vanguard, visit http://www.vanguardsw.com/.
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