Tagetik Launches its New Tagetik 4.0 Software Platform at 2011 Global Conference

LUCCA, Italy, September 29, 2011 /PRNewswire/ --

Over 400 Participants Worldwide Will Learn About the Company's Accomplishments and Future Developments at This Two-Day, Annual Event

Tagetik, a global provider of enterprise software solutions for Performance Management, Governance, Risk & Compliance and Business Intelligence, today opened "Tagetik in Touch", its fifth global conferenceat the historical Real Collegio in Lucca, Italy (http://www.tagetik.com/conference-2011). The company welcomed over 400 customers, analysts, partners and industry experts to celebrate its latest accomplishments in delivering flexible, effective solutions for the Office of Finance. One highlight of the two-day event is the official launch of Tagetik 4.0, the latest release of its renowned software platform.

During the first-day general sessions, Manuel Vellutini, Chief Operating Officer, and Marco Pierallini, Chief Development Officer, gave a keynote speech reviewing key milestones for Tagetik in the past year as well as an outlook of the road ahead. The company's executives emphasized Tagetik's specialist vendor approach and ongoing focus on product innovation, customer satisfaction and partner collaboration.

• Vision Keynote - Tagetik: Global Reach, Worldwide Partners and Customers, Excellence in Innovation, Head to Head with Mega-Vendors
• Solution Value Keynote - Tagetik 4.0: Product Roadmap & New Functionality

"Our company has made a rapid, successful ascent into the Performance Management and Business Intelligence software markets in the past years," explains Vellutini. "Our undying determination and specialist vendor approach are the reasons why we have been winning against major global competitors. Tagetik is positioned among the top five worldwide vendors in the Magic Quadrant for Corporate Performance Management solutions. As market studies show, we have strengthened our position year after year through our proven track record for innovation and execution, high customer satisfaction rates and our complete focus on financial process excellence."

"Tagetik is both global and 'boutique' because we deliver our undivided attention to performance software - and not many different types of solutions like most other players on the market," adds Vellutini. "Our vast expertise in finance and performance management flows back into our technology to provide a unified, collaborative platform that simplifies and streamlines business processes throughout the Office of Finance. We believe we do it better than anyone else and we are pleased that Microsoft has awarded our efforts by naming Tagetik its 2011 Microsoft ISV/Software Line of Business Partner of the Year." (http://www.tagetik.com/events-news/press-releases/microsoft-award-2011)

"In addition to exploring the brand-new functionality in Tagetik 4.0, attendees will learn about our upcoming developments," explains Marco Pierallini. "Tagetik has exciting new and upcoming features in the areas of mobile BI, in-memory technology and cloud computing." The session 'The Future of BI in Tagetik 4.0: Mobile BI with Roambi and SQL Server Denali' will include an introduction and demo of these new technologies and provide the roadmap for their integration within Tagetik 4.0. "Throughout the conference, we will also present case studies of customers who share Tagetik's vision for 'Collaborative' Performance Management which makes Business Intelligence and Performance Management processes as collaborative as possible," he continues.

Pierluigi Pierallini, President and CEO at Tagetik, adds, "We have revamped the traditional format of our annual conference to promote even more dialog among our participants and truly 'get in touch' with peers, colleagues and experts around the globe." On both days of the conference, users can participate in five breakout sessions on a variety of topics including:

• Budgeting, planning and forecasting
• Disclosure management, consolidation and reporting
• Business intelligence and profitability analysis
• C-Level challenges
• Financial services (industry challenges and solutions)

Tagetik customers will share project experiences and best practices in informative case studies hosted by Keller Group, Platinum Administrative Services, KAR Auction Services, Talanx AG, Vinson & Elkins, Crif, ISAB, Dyckerhoff AG, Bolton Group, Oetker Group, Propex and Lombardini Group. Users can also preview the latest Tagetik 4.0 features in demo presentations and 1-hour, hands-on workshops with Tagetik product experts. In addition, attendees will have the opportunity to liaise with conference partners and sponsors including Accenture, KPMG, PricewaterhouseCoopers, Microsoft, Roambi, Excent, Twinergy, Aeonvis, Age Consulting, Altea, Blue Sof Consulting, Reply, ANDAF, Data Manager, Executive.it and ZeroUno.

Other highlights of the event include presentations from Gartner analysts as well as industry experts from Microsoft:

• 'Using Disclosure Management Solutions to Automate The Last Mile of Finance' by John Van Decker - VP Research, Gartner
  
• 'The New Era of BI: as Microsoft is Innovating through Self-Service BI' by Luca Venturelli - Business Group Lead Server, Tools & Cloud, Microsoft Italy
  
• 'The Evolving Importance of CPM in a BI, Analytics and PM Strategy' by John Van Decker - VP Research, Gartner
  
• 'How Can CPM Help Organizations Better Understand the Drivers of Cost and Profitability?' by Neil Chandler - Research Director, Gartner
  
• 'Optimize Your Business for the Digital Data Explosion Era Using Microsoft Technologies' by Persio Afonso - Partner Marketing Director, SQL Server Product Group, Microsoft Corporation

Day 2 will end with a panel discussion on "BI and Performance Management at the Core of Finance" hosted by Neil Chandler, Research Director at Gartner. Rounding out the panel are Bani Brandolini, President International at Tagetik; Achim Heidebrecht, Head of Group IT at Talanx AG; and Mike Willis, Partner PricewaterhouseCoopers, Global XBRL Leader and Chairman Emeritus XBRL International.

Prior to the conference, Tagetik partners and system integrators worldwide attended an exclusive partner summit bringing together leading consulting, software and technology professionals throughout the industry. In addition to Tagetik executives and senior consultants, speakers included prominent experts from Microsoft Corporation: Persio Afonso, Partner Marketing Director, SQL Server Product Group; Chris Dial, Director, ISV Partner Development, Western Europe; and Sanjay Jacob, Senior Manager. The agenda focused on the competitive landscape positioning Tagetik and Microsoft against mega-vendors as well as an array of Tagetik developments and partner experiences in new application areas such as Collaborative Disclosure Management (CDM). Strategic and Premiere Partners also met one-on-one with Tagetik management to discuss joint go-to-market opportunities and plans for the upcoming year.

The 2011 conference presentations and videos will be published on the Tagetik Web site (http://www.tagetik.com/events-news/virtual-conference) by mid-November.

Follow @Tagetik on Twitter and tweet the conference: #tagetikintouch

About Tagetik

Tagetik delivers a unified software solution for Performance Management, Enterprise Governance, Risk & Compliance, and Disclosure Management with specialized Business Intelligence tools to optimize Collaboration and Communication.

Tagetik 4.0 creates value by simplifying complex business processes for CFOs and CIOs: budgeting, forecasting, cash flow planning, statutory and management consolidation, cost allocation, profitability analysis, financial close and fast closing, dashboard, scorecarding, collaborative disclosure management and compliance/industry requirements. Tagetik 4.0 is the solution to translate strategy into operations, manage and control overall performance down to business transactions, and improve decision-making across the whole organization while achieving faster ROI and lower total cost of ownership (TCO). Tagetik's vision to extend Performance Management and Business Intelligence to collaborative decision-making inspired us to develop Tagetik 4.0 Enabled by Microsoft SharePoint, moving CPM from Corporate to Collaborative Performance Management.

Tagetik operates in 20 countries leveraging a close partnership with Microsoft. Its market experts are totally committed to the success of 400 customers worldwide, including some of the largest Fortune 1000 companies representing all industry sectors, as well as to build strong relationships with system integrators, technology leaders and local consulting specialists.

Tagetik is a Microsoft Gold Independent Software Vendor (ISV) and has won the 2011 Microsoft ISV/Software Line of Business Partner of the Year Award.

To learn more: http://www.tagetik.com

Corporate Press Contacts:

Elisabetta Pierallini
Luca Pieretti
+39(0)583-96811
press@tagetik.com

UK Press Contact:

Shak Akhtar
Managing Director
+44(0)8708510540
shakakhtar@tagetik.com

US Press Contact:

Alessandra Gamba
+1-203-391-7520
alessandragamba@tagetik.com