Shell Spins Off Software Company Kalido Ltd
13-Feb-2001
Kalido Ltd. today announced its formal spin-off from Shell services
International (SSI), making its breakthrough global performance
management solution available commercially wordwide. The launch of
Kalido Ltd. as a separate organisation enables the company to focus
aggressively on the sales and marketing of its flagship product, the KALIDO
Data Warehouse. KALIDO was initially conceived in 1996 within the IT
services arm of Royal Dutch/Shell Group of Companies (Shell) to address
the complex data management issues faced by Shell’s diverse businesses.
Shell continues to be a key strategic investor in Kalido Ltd.
KALIDO Data Warehouse, now in its sixth release, is a proven solution with
over 100 sites in over 85 different countries. Taking a radically different
approach to data warehousing, KALIDO can be deployed as a dynamically
linked federation of warehouses. KALIDO’s federated system connects
companies’ global and regional organisations, delivering both unified and
multiple views of their business, solving a significant problem that has
plagued global companies. Based on its unique patents-pending design,
KALIDO allows users to generate reports on their business-critical
information even if the data formats are inconsistent. It also allows analysis
to continue during business change, such as expansion into new
geographical locations, company re-organisations or mergers and
acquisitions.
“In order for large organisations to successfully capitalise on strategic
business opportunities in today’s competitive climate, they need their
organisations’ vital business and financial performance information ‘on tap,’
said Andy Hayler, CEO of Kalido Ltd. “KALIDO Data Warehouse allows our
customers to maintain a global view of their business without affecting the
way the local or regional arms of their organisation conduct business and
manage their information.”
“We have seen the KALIDO product mature over the last four years,
bringing great value to Shell. We are confident that KALIDO will similarly
deliver significant return on investment to other large organisations that face
the challenge of measuring business performance on a global scale,” said
Mark Pyman, chief financial officer of Shell Services International. “The
incorporation of Kalido Ltd. is an exciting new venture, and Shell is fully
supportive of this endeavour.”
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