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BearingPoint’s Information Management Solution Suite Features New Oracle Enterprise Performance Management System

2008-07-16 12:03:00

New BearingPoint Solution Suite Addresses Information Analytics,

Sharing and Storage

MCLEAN, Va.–(EMWNews)–BearingPoint, Inc. (NYSE:BE), one of the worlds

largest management and technology consulting firms, today announced that

it will offer the new release of Oracles

Enterprise Performance Management (EPM) System as part of its recently

introduced Information Management (IM) Solution Suite of services.

Oracles EPM System represents the next major

release of Oracles leading performance

management applications and business intelligence (BI) technologies. The

new capabilities in Oracles EPM System

provide a complete and integrated system for managing and optimizing

enterprise-wide performance to drive management excellence. With the new

Oracle product, BearingPoint IM customers can leverage their operational

investments to drive competitive advantage, transforming themselves into

smart, agile and aligned organizations.

The Oracle EPM System supports strategic,

financial and operational management processes across a common

foundation to enable management excellence,

said Andy Bailey, senior vice president, Global Systems Integrator

Alliances at Oracle. Were

pleased that BearingPoint is taking advantage of the hot-pluggable

capabilities of the Oracle EPM System to help its IM customers leverage

investments in operational systems, gain better business insight and

improve their management processes. We look forward to our mutual

customers benefiting from the practices and innovations delivered

through this partnership.

BearingPoint yesterday introduced its IM solution suite, which includes

strategy, business process and change management services to help

clients:

  • Increase their return on investment,

  • Enhance timely and accurate information delivery, and

  • Improve reporting and corporate governance.

Buried in information and data, companies require information management

solutions to help them identify risks, expand markets, manage costs and

improve integration across the global enterprise. BearingPoint helps

clients master the toughest information management challenges through

its IM Solution Suite, which comprises 30 specific offerings that

address three key dimensions of information: analytics, sharing and

storage.

In todays

volatile business environment, companies need the ability to monitor the

pulse of their organizations quickly and accurately,

said Mark Vayda, Executive Vice President, Global Sales and Alliances,

BearingPoint. Business managers must have

access to the right information at the right time so they can make

timely, effective business decisions. Integrating the new Oracle EPM

System into our IM portfolio represents another example of how we help

businesses harness the power of Oracles

applications and technology to drive performance and deliver meaningful,

measurable results.

About BearingPoint, Inc.

BearingPoint, Inc. (NYSE:BE) is one of the world’s largest providers of

management and technology consulting services to Global 2000 companies

and government organizations in more than 60 countries worldwide. Based

in McLean, Va., the firm has more than 16,000 employees focusing on the

Public Services, Commercial Services and Financial Services industries.

BearingPoint professionals have built a reputation for knowing what it

takes to help clients achieve their goals, and working closely with them

to get the job done. Our service offerings are designed to help our

clients generate revenue, increase cost-effectiveness, manage regulatory

compliance, integrate information and transition to next-generation

technology. For more information, visit the Company’s Web site at www.BearingPoint.com.

Some of the statements in this press release constitute forward-looking

statements within the meaning of the United

States Private Securities Litigation Reform Act of 1995. These

statements are based on our current expectations, estimates and

projections. Words such as will,

expects, believes

and similar expressions are used to identify these forward-looking

statements. These statements are only predictions and as such are not

guarantees of future performance and involve risks, uncertainties and

assumptions that are difficult to predict. Forward-looking statements

are based upon assumptions as to future events or our future financial

performance that may not prove to be accurate. Actual outcomes and

results may differ materially from what is expressed or forecast in

these forward-looking statements. As a result, these statements speak

only as of the date they were made, and the Company undertakes no

obligation to publicly update or revise any forward-looking statements,

whether as a result of new information, future events or otherwise.

About Oracle Enterprise Performance Management and Business

Intelligence

Oracle Business Intelligence is a portfolio of technology and

applications that provides the industrys

first integrated, end-to-end Enterprise Performance Management System,

including category-leading performance management applications, BI

applications, BI foundation and tools, and data warehousing. For more

information visit: http://www.oracle.com/epm.

Trademarks

Oracle is a registered trademark of Oracle Corporation and/or its

affiliates.

BearingPoint, Inc.
Steve Lunceford
Director,

Global Communications
703-747-4545
[email protected]

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