Tuesday, January 13, 2009

Xtivia joins forces with IBM Cognos to deliver next generation of business intelligence and performance management solutions

Xtivia, Inc.
Phone: 719-623-5870
Fax: 719-685-3400

Xtivia joins forces with IBM Cognos to deliver next generation of business intelligence and performance management solutions

COLORADO SPRINGS, Colorado – January 14, 2009 – Xtivia, Inc. , a Certified Information on Demand IBM software reseller and a Premiere IBM business partner announced today that it has become a premier solution provider for the IBM Cognos Business Intelligence and Performance Management suite. With this partnership, Xtivia is now well poised to provide customers with total business intelligence and performance management solutions including industry-leading IBM Cognos software and the necessary services to implement the solutions.

“As a leader in providing state of the art Performance Management and Business Intelligence capabilities, Cognos is a natural addition to Xtivia’s core information management and custom application development skills. With this partnership, customers can leverage Xtivia’s expertise to implement industry leading turnkey solutions to convert their information into an asset” said Dennis Robinson, CEO of Xtivia.

“Businesses are realizing lower returns on automation projects because much of that work was completed in the last decade. The next opportunity for significant performance improvement and savings will come from better insight and management of the systems already in place,” said Mangesh Mharolkar, Data Warehousing and Business Intelligence Practice Director at Xtivia. “We look forward to helping our customers realize the savings such insights will bring.”

Xtivia’s unique set of core data, presentation and business intelligence knowledge makes the partnership with IBM Cognos ideal for both parties. “In good times and bad, business must have visibility into current operations and future performance in order to manage wisely. The IBM Information Management portfolio, including IBM Cognos, allows customers that insight,” said Dennis Robinson.

Xtivia has provided business intelligence solutions to its clients for more than 10 years with solutions ranging in size from small departmental reporting projects to complex, multi-year projects touching virtually all parts of the enterprise. Combined with over 20 years of information management expertise and consulting and a large portals and enterprise application development group, Xtivia is well positioned to help clients large and small realize the value that Cognos delivers.

Xtivia delivers a broad spectrum of solutions that spans customized information management solutions like the business critical yet infrastructure efficiency oriented solution – Virtual-DBA (www.virtual-dba.com) to fairly complex, enterprise wide solutions encompassing risk, feasibility & readiness assessments, management consulting and performance/maturity assessments.

About Xtivia:
Xtivia is a leading information technology and Internet solutions firm that specializes in helping organizations manage critical business information and processes across all communication channels. Xtivia has offices in New York, New Jersey, Colorado, and Texas and is a subsidiary of Matrix-IT Ltd., (www.Matrix-it.co.il) (TASE: MTRX) and a part of the Global technology group Formula Systems Ltd. (www.formulasystems.com) (NASDAQ: FORTY).

For more information visit our Web site at www.Xtivia.com or www.virtual-dba.com, call 888-685-3101, option 2, or email info@xtivia.com.

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