New York, NY – October 10, 2007 – Pinnacle Group Worldwide and its
K2Analytics division are partnering with Arrow Enterprise Computing
Solutions (ECS) to deliver the Oracle® Hyperion System 9 suite of
financial management applications as a hosted and managed service.
"Businesses both large and small are looking to increase their return-on-
investment for their software dollar. K2Analytics.com is both an affordable
solution to Business Performance Management, and provides a compelling
time-to-value that is measured in months, not years," said Mark Gregoire,
Director of Sales, Pinnacle Group Worldwide. "We're thrilled that Arrow
ECS is committed to delivering our vision of practical and valuable
solutions to the marketplace."
Pinnacle Group is a Hyperion Preferred Select Partner reseller and services
provider. The company participated in the Hyperion Financial Management 4.0
Beta program, was chosen to be in the new Head-Start Metadata
Manager (MDM) product launch and selected in the Early Adopter program
for Hyperion’s new System 9 release.
Hosting and managed services for the Hyperion modules are being
provided by Pinnacle's K2Analytics division. K2Analytics is a certified
Hyperion hosting and managed services partner. The company operates
its SaS-70 level 2 certified data center in Towson, MD.
Pinnacle Group has brought one of the industry’s first On Demand
solutions for Business Performance Management to market through its
K2Analytics.com offering. This unique solution leverages the industry
leading Hyperion System 9 suite of products. The managed service gives
companies an affordable, scaleable and customizable solution for meeting
their budgeting, financial reporting and business analytics needs.
About Pinnacle Worldwide
Founded in 1995, Pinnacle is a global consulting firm focusing on business
analysis and financial systems solutions. Pinnacle supports clients with
selection of best-of-class software packages, data quality improvement
and Sarbanes-Oxley 404 compliance, multi-currency consolidation and
financial reporting, inter-company processing and analysis, financial
budgeting and planning, business intelligence and performance
management. Pinnacle Group is a preferred partner of Hyperion Solutions,
the global leader in BPM software. Pinnacle Group Worldwide
is headquartered in New York, with offices across North America.
About Arrow ECS
Arrow ECS, a business unit of Arrow Electronics, Inc. [NYSE: ARW],
provides enterprise and midrange computing products, services and
solutions to value-added resellers, system integrators and independent
software vendors. Based in Englewood, Colo., Arrow ECS connects its
customers to the world's foremost technology suppliers, including HP, IBM,
Sun Microsystems, EMC, NetApp, Hitachi Data Systems, Oracle and other
leading storage networking, software and security suppliers. Arrow ECS
reported $2.5 billion in worldwide computer products sales in 2006. Visit
www.arrowecs.com.
Links:
http://www.przoom.com/news/24587/
http://www.newswiretoday.com/news/24587/
