News
Ryohin Keikaku (MUJI) Chooses High-performance Business
Intelligence (BI) Platform HiQube
Enable to perform business analysis throughout worldwide MUJI shops with effective
operation
Tokyo, Japan, August 26, 2009 – Altair Engineering, Inc., a leading global provider of technology and services that empower innovation and decision-making, today announced that Ryohin Keikaku Co., Ltd. (Ryohin Keikaku, in short) has chosen HiQube Business Intelligence (BI) platform to manage, as
well as analyze data for their consolidated financial information.
Ryohin Keikaku branches out their business all over the world. As of July 31st, 2009, they are operating 206 MUJI shops in Japan and a total of 16 subsidiary companies both inside and outside of Japan. While financial data including cash flow transaction from each of the subsidiaries have been accumulated as a raw data at headquarters, however these are not enough for decision-making because of the lack of visually appealing and effective data management ability. All reports from each subsidiary are centralized, managed in Tokyo. Due to ineffective communication flow for data verification along with various stringent report formats by each country, enormous time and efforts are required for financial analysis.
HiQube established unified workflow, simplified the process of making report including capability to report in standard corporate or personalized layout. In result, Ryohin Keikaku succeeded in reducing the time for creating reports into half, 20MM >> 10MM which is significant. Analysis reports produced by HiQube Desktop Designer can be shared quickly and easily via HiQube Web server. Unlike printed document or PDF files, the new Web based reporting allows decision makers to pay attention to any concern in detail, helps making decision smoother.
HiQube combines three data management methodologies - Hierarchical, Relational and Multidimensional - within single and unified database architecture. This means end users can perform data analysis and communication and create report that best fits your needs on the fly.
On top of its great usability and functionality, HiQube offers unique license system that delivers great
value. Under our license model, companies can allow licenses to float from one resource to another - regardless of location. This provides organization with the ability to only pay for the licenses need.
This results in a reduction of costly software investment.
About Altair
Altair Engineering, Inc. empowers client innovation and decision-making through technology that optimizes the analysis, management and visualization of business and engineering information. Privately held, with more than 1,300 employees, Altair has offices throughout North America, South America, Europe and Asia/Pacific. With a 20-year-plus track record for product design, advanced engineering software, grid computing technologies and enterprise analytics solutions,, Altair consistently delivers a competitive advantage to customers in a broad range of industries. To learn more, please visit www.altair.com.
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