MINNEAPOLIS and DARMSTADT, Germany—April 14, 2010—FICO (NYSE:FICO), the leading provider of analytics and decision management technology, and Software AG, the global leader in business process excellence, today announced an expanded global strategic partnership to deliver an integrated decision and business process management solution to customers. Software AG will now offer the full capabilities of the FICO™ Blaze Advisor® business rules management system (BRMS) as part of its webMethods Business Process Management Suite (BPMS), providing clients with a single, seamless platform for maximizing the power and value they derive from their business process automation systems.
The partnership brings together two category-leading technologies. FICO Blaze Advisor combines business rules management, predictive analytics and optimization to operationalize high-volume automated decisions. webMethods BPMS provides a comprehensive toolset for automating and managing business processes. The integration of the two will enable users to deploy business rules across business processes throughout their organizations with unparalleled speed and effectiveness.
“Our customers have too much at stake to compromise on any aspect of their business process automation systems,” said Susan Ganeshan, senior vice president, Product Management & Product Marketing, Software AG. “Now, with a highly integrated solution for high-value, enterprise-level decision and process management, they don’t have to.”
Organizations in virtually every sector that require automated decisions and processes stand to benefit from the integrated solution, with particular emphasis on financial services, manufacturing, retail and consumer products, energy, healthcare and government.
“Our clients are under enormous pressure to gain and exploit every possible competitive advantage,” said Bill Waid, vice president for Decision Management Tools at FICO. “For these companies, that means automating and managing business-critical decisions with velocity and impact. By joining forces, FICO and Software AG will deliver what they need: the world’s only comprehensive, best-of-breed BRMS and BPM solution.”
“As businesses settle into the ‘new normal,’ they’re looking beyond simple cost savings to integrated systems that simultaneously boost revenues and customer satisfaction,” said Jim Sinur, vice president, Gartner Research. “That’s a tall order that calls for unprecedented BPM and decision management innovation. Only the very best systems will meet that challenge.”
FICO (NYSE:FICO) transforms business by making every decision count. FICO’s Decision Management solutions combine trusted advice, world-class analytics and innovative applications to give organizations the power to automate, improve and connect decisions across their business. Clients in 80 countries work with FICO to increase customer loyalty and profitability, cut fraud losses, manage credit risk, meet regulatory and competitive demands, and rapidly build market share. FICO also helps millions of individuals manage their credit health through the www.myFICO.com website.
About Software AG
Software AG is the global leader in Business Process Excellence. Our 40 years of innovation include the invention of the first high-performance transactional database, Adabas; the first business process analysis platform, ARIS; and the first B2B server and SOA-based integration platform, webMethods. We are unique in offering the world’s only end-to-end – and easiest to use – business process management (BPM) solutions, with the lowest Total-Cost-of-Ownership. Our industry-leading brands, ARIS, webMethods, Adabas, Natural and IDS Scheer Consulting, represent a unique portfolio for: process strategy, design, integration and control; SOA-based integration and data management; process-driven SAP implementation; and strategic process consulting and services. The company is headquartered in Germany and listed on the Frankfurt Stock Exchange.
FICO Statement Concerning Forward-Looking Information
Except for historical information contained herein, the statements contained in this news release that relate to FICO or its business are forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially, including the success of the Company’s Decision Management strategy and reengineering initiative, the maintenance of its existing relationships and ability to create new relationships with customers and key alliance partners, its ability to continue to develop new and enhanced products and services, its ability to recruit and retain key technical and managerial personnel, competition, regulatory changes applicable to the use of consumer credit and other data, the failure to realize the anticipated benefits of any acquisitions, continuing material adverse developments in global economic conditions, and other risks described from time to time in FICO’s SEC reports, including its Annual Report on Form 10-K for the year ended September 30, 2009, and its quarterly report on Form 10-Q for the period ended December 31, 2009. If any of these risks or uncertainties materializes, FICO’s results could differ materially from its expectations. FICO disclaims any intent or obligation to update these forward-looking statements.
FICO and Blaze Advisor are trademarks or registered trademarks of Fair Isaac Corporation in the United States and other countries.
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