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Vancouver, BC and Silver Spring, MD, February 17, 2004 – Antarctica Systems Inc. (ASI), a pioneer developer of visualization software and CISglobal (CIS), a leading provider of Enterprise Cost Management solutions, today announce the availability of IMADxp Analytics, based on Antarctica’s Visual Net technology, as an integral part of the CIS’ IMAPxp procurement and asset management suite.
Under the agreement, CIS and Antarctica Systems will develop a number of modules to provide CIS customers with better visibility into their procurement costs and where opportunities exist to reduce the costs of the procurement process and asset visibility to help commanders quickly and easily determine where assets are being held and where the closest transferable asset would be.
“Critical to the financial mission of any organizations is the ability to provide accurate, reliable reporting to support finance and accounting functions that produce information for decision making. Our IMADxp suite has been extremely well received by the government, largely due to the simplicity of our approach in these areas,” says Michele Dyson, President of CIS. “Our suite is every bit as powerful as other, more expensive procurement and asset management solutions; but our approach allows agencies to implement the suite quickly to begin maximizing their benefits and identify financial reporting weaknesses. Partnering with Antarctica has enabled us to round out our product suite and give our customers state-of-the-art financial management tools without sacrificing our commitment to simplicity. The addition of the visual analytics module further extends our competitive advantage and will help our customers maximize the use of their information. IMADxp provides an opportunity to verify financial management data, reduce project overruns, and validate financial management system reporting in compliance with federal mandates.”
“Many opportunities to reduce procurement costs or better manage assets within government agencies are often missed because information workers simply cannot ‘see’ where and how big these opportunities are, even though the data exists within these agencies,” states Barry Yates, President and CEO of Antarctica Systems Inc. “Combining the CIS IMADxp capabilities with Antarctica will further reinforce CIS’s commitment to simplicity and time-to-market. CIS customers will be able to navigate and interact with CIS IMADxp’s comprehensive data repositories to visually and intuitively identify opportunities to drive down procurement and asset management costs without having to deal with the difficulties of generating complex queries or reports to obtain that critical information.”
Visual Net enables CIS customers to drill down through a series of visual maps to gain a deeper understanding of their information enabling them to “answer questions they don’t even know they have” and identify problems before they become critical issues. For example with Visual Net, CIS customers will be able visualize and verify financial management reporting, identify possible project overruns, and identify and improve financial reporting. With Visual Net:
- Size, shape, color and other visual cues are used to convey important metadata and details, so users can identify, at a glance, funding, obligated, and remaining funds in real time.
- Macro and micro views are presented simultaneously. Users can see as much or as little detail, as they would like, while maintaining a shared, “big picture” view of all contract and project details.
- Users have access to multiple dimensions of data, on one screen, so users no longer need to access several reports and applications to explore milestones, performance, and rate of spending.
Available immediately, IMADxp Analytics is 100% Web-enabled and can be deployed in only a few weeks.
About CISglobal
CISglobal, founded by Michele Dyson in 1985, is an award winning web and wireless technology company located in Silver Spring, Maryland. CIS developed IMADxp, a web and wireless Procurement and Asset Tracking solution, in 1996 offering customers consistent accountability, performance reporting for core financial system decision using applicable accounting and SGL standards. For most organizations, reconciling balances in real time is non-existent. Systems used to collect, validate, analyze, model, and publish federal acquisition spending cannot be viewed in real time making the financial data necessary to manage and make sound financial decisions unreliable due to outdated legacy financial systems, disparate and non-integrated information systems. IMADxp verifies data reported through organization’s core financial systems. IMADxp live data verification allows reconciliation of source data against data reported. IMADxp offers life-cycle visibility of agency funding, obligation, remaining funds, and project performance. It makes the reconcilable difference for complete, reliable, consistent, and timely core financial management decisions. For additional information, please visit www.cisglobal.com or call 301-588-2977 Ext. 17.
About Antarctica Systems Inc.
Antarctica Systems Inc. is a Business Analytics software provider founded by XML co-creator and Open Text Inc. founder, Tim Bray. Antarctica’s mission is to provide the last mile of Business Intelligence. Its flagship solution, Visual Net, is an intuitive and visual console geared specifically towards the business users. It allows them to explore and investigate their businesses in order to understand root causes of performance, identify threats and opportunities and answer the question 'why.’ Visual Net also enables users to explore and distill vast amounts of data, shifting their focus from analysis to insight and action.
The company is privately held with headquarters in Vancouver, B.C. and sales offices across North America. For additional information, please visit www.antarctica.net.
Antarctica and Visual Net are trademarks or registered trademarks of Antarctica Systems Inc. in Canada and foreign countries. All other referenced trademarks belong to their respective owners.
CISglobal and IMADxp are trademark and copy right protected.
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