OutlookSoft
Encyclopedia
OutlookSoft Corporation was a Stamford
, Connecticut
based software company with products for business performance management
including planning, consolidation, forecasting, budgeting, dashboards, predictive analytics and reporting. Along with OutlookSoft, other vendors in the performance management space include SAS
, Cognos
and Business Objects
.
In 2006, OutlookSoft was named in the top 25% in Deloitte's Technology Fast 500 and in the same year, was sued by competitor, Hyperion, over software patents, winning a dismissal in October 2006 as the jury found no patent infringement and subsequently ruled the patents ineligible for claim. In June 2007, OutlookSoft was acquired by SAP AG
as a part of SAP's strategy to challenge Oracle Corporation
. Although the purchase price was never disclosed, estimates placed it between $200 and $400 million.
OutlookSoft's largest product was revamped as SAP BPC (Business Planning and Consolidation) after acquisition by SAP AG.
Stamford, Connecticut
Stamford is a city in Fairfield County, Connecticut, United States. According to the 2010 census, the population of the city is 122,643, making it the fourth largest city in the state and the eighth largest city in New England...
, Connecticut
Connecticut
Connecticut is a state in the New England region of the northeastern United States. It is bordered by Rhode Island to the east, Massachusetts to the north, and the state of New York to the west and the south .Connecticut is named for the Connecticut River, the major U.S. river that approximately...
based software company with products for business performance management
Business performance management
Business performance management is a set of management and analytic processes that enable the management of an organization's performance to achieve one or more pre-selected goals...
including planning, consolidation, forecasting, budgeting, dashboards, predictive analytics and reporting. Along with OutlookSoft, other vendors in the performance management space include SAS
SAS Institute
SAS Institute Inc. , headquartered in Cary, North Carolina, USA, has been a major producer of software since it was founded in 1976 by Anthony Barr, James Goodnight, John Sall and Jane Helwig...
, Cognos
Cognos
Cognos was an Ottawa, Ontario-based company making business intelligence and performance management software. Founded in 1969, at its peak Cognos employed almost 3,500 people and served more than 23,000 customers in over 135 countries.Originally Quasar Systems Limited, it adopted the Cognos...
and Business Objects
Business Objects (company)
SAP Business Objects is a French enterprise software company, specializing in business intelligence . Since 2007, it has been a part of SAP AG. The company claimed more than 46,000 customers worldwide in its final earnings release...
.
In 2006, OutlookSoft was named in the top 25% in Deloitte's Technology Fast 500 and in the same year, was sued by competitor, Hyperion, over software patents, winning a dismissal in October 2006 as the jury found no patent infringement and subsequently ruled the patents ineligible for claim. In June 2007, OutlookSoft was acquired by SAP AG
SAP AG
SAP AG is a German software corporation that makes enterprise software to manage business operations and customer relations. Headquartered in Walldorf, Baden-Württemberg, with regional offices around the world, SAP is the market leader in enterprise application software...
as a part of SAP's strategy to challenge Oracle Corporation
Oracle Corporation
Oracle Corporation is an American multinational computer technology corporation that specializes in developing and marketing hardware systems and enterprise software products – particularly database management systems...
. Although the purchase price was never disclosed, estimates placed it between $200 and $400 million.
OutlookSoft's largest product was revamped as SAP BPC (Business Planning and Consolidation) after acquisition by SAP AG.