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Dassault Falcon Jet Selects V4 Software for Financial Reporting & Analysis
Wayne, PA, - October 5, 1998 - MKS Inc., a leading provider of enterprise integration software solutions and consulting services, today announced that an agreement was signed with Dassault Falcon Jet for its enterprise integration solution for strategic financial analysis, V4. Dassault plans to implement V4 to perform simple and complex cost analysis and forecasting, using the Business Intelligence and Knowledge Management features to accurately project costs associated with its aircraft maintenance system. V4 is an Enterprise Application Integration (EAI) solution that enables business users to perform robust forecasting and strategic data analyses on enterprise data, independent of platforms, database systems or other data sources. V4 analyzes data in an unlimited number of dimensions, creating "what ifs" and performing "drill downs" for more specific information. "Incorporating facts, rules, and procedures in a seamless fashion, V4 provides the high level of integration needed to answer real-world inquiries, says Victor E. Hansen, President, MKS Inc. " It is no longer sufficient to simply report back on data or sums of data; financial, statistical, and industry specific models. By adding context to routine data queries, we move data analysis closer to human thought. V4 employs human reasoning in context, supported by a rules-based model for complex and strategic data analysis." MKS has developed business intelligence software to support the specialized requirements of the aerospace industry to include work-order management, serial number tracking, core-exchange and warranty information. "Our V4 software provides aerospace decision makers with a specialized tool to collect analyze and forecast costs associated with aircraft maintenance systems," explains Hansen. MKS, is a software products and consulting company that specializes in enterprise application integration solutions and consulting services. The company recognizes that corporations, faced with shifting market conditions and mounting competitive pressures, are changing the way they use data. The MKS software suite is comprised of MIDAS, a full featured integrated distribution and accounting system, and V4, a strategic data analysis and forecasting tool that operates independent of platforms, operating systems, databases and other data sources. The combination of V4 and MIDAS enables executives to analyze large amounts of data captured in the robust MIDAS system and in other external data sources, providing a breakthrough level of decision support capability that is simply unrivaled in the marketplace today. |
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MKS,
Inc. • 987 Old Eagle School Road • Wayne, PA
19087-1708 |
