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Kalido
Date.
29 January 2007
Publication.
News
Author.
Balderton

Kalido Delivers Record Year

Growth in new accounts, installed base driven by industry demand for accurate, accessible and consistent information

Kalido, the active information management company, announced today that the company achieved a record year in 2006 - the best in the company’s history.

Among the achievements include a 36 percent increase in Kalido’s global customer base, 50 percent growth in its North American customer footprint and a 65 percent increase in license transactions worldwide. In addition, Kalido’s total Q4 revenues grew more than 50 percent from the same period in 2005.

Kalido welcomed a number of new customers including ERICO, Fannie Mae, the International Monetary Fund, Royal Mail, Scottish Power and Wyeth Consumer Health. In addition, over 22 percent of Kalido’s existing customer base purchased a new license or upgrade during the year.

According to Gartner, “Much of the time and effort spent (often more than 70%) on a typical strategic BI implementation is with issues over the infrastructure of information management.” (Gartner, Inc., “Business Intelligence and Performance Management Framework,” October 9, 2006, by B. Hostmann, N. Rayner, T. Friedman).

By selecting Kalido’s software as a strategic component of their information management architecture, Kalido customers receive the ability to power business intelligence initiatives and better manage profitability, performance and governance programs.

“Enterprises often turn to disruptive technologies in an attempt to lower costs,” said Jason Maynard, software analyst, Credit Suisse.

“Companies like Kalido have proven their ability to go beyond cost savings and deliver on the promise of top line impact through the improvement of both business effectiveness and IT efficiency in some of the largest enterprises around the world.”


Kalido’s unique technology was strengthened in February of 2006 when it was issued a U.S. patent. Kalido also holds a patent issued in the United Kingdom in 2003.

“Kalido’s results reflect our ability to solve real customer problems. Our North American business, launched less than three years ago, accounted for more than two-thirds of our 2006 license revenue and grew 61 percent year over year,” said Bill Hewitt, president and CEO of Kalido.

“In 2007, we will continue to expand our product development, geographic coverage and partner programs. Kalido is well positioned to maintain its market leadership position for active information management solutions that demonstrate tangible business value to the enterprise.”

About Kalido

Kalido delivers active information management for business. With Kalido’s unique business model-driven technology, decisions are fueled by accurate, accessible and consistent information, delivered in real time, to dramatically improve corporate performance.

Kalido software can be deployed at a fraction of the time and cost of traditional information management methods.
Kalido software is installed at over 250 locations in more than 100 countries with market leading companies.

Headquartered in Burlington, Massachusetts, Kalido is backed by Atlas Venture, Benchmark Capital and Matrix Partners. More information about Kalido can be found at: http://www.kalido.com.

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