High quality map data helps unlock the hidden value within corporate databases
San Francisco, CA– November 12, 2007 – NAVTEQ (NYSE: NVT), a leading global provider of digital maps for vehicle navigation and location-based solutions, today announced the availability of its map database for Oracle Business Intelligence foundation and tools. This announcement builds upon last year’s multiyear, worldwide agreement to incorporate NAVTEQ administrative boundaries into Oracle Database and other Oracle products. Today, NAVTEQ is announcing simplified licensing practices, on a capacity and user basis, for Oracle Business Intelligence foundations and tools.
For nearly six years, Oracle and NAVTEQ, a member of the Oracle PartnerNetwork, have collaborated to simplify and expand the use of map data in commercial, public sector and business intelligence (BI) applications, dashboards and reporting. Oracle customers now have the ability to license detailed NAVTEQ map data along with Oracle Business Intelligence Enterprise Edition Plus—a component of Oracle Fusion Middleware. The inclusion of NAVTEQ map data allows customers to easily location-enable their critical business applications, resulting in cost reductions, productivity increases, and revenue opportunities.
When customers utilize NAVTEQ map data (administrative boundaries for countries, states, and cities; major highways, roads, and detailed streets; points of interests; zip code data; and industry specific data) along with Oracle Business Intelligence foundations and tools, they are provided with their own pre-packaged map framework against which they can view and analyze all customer, sales and asset data.
“NAVTEQ and Oracle have a strong relationship and commitment to delivering superior Oracle enterprise location solutions,” said Roy Kolstad, vice president and general manager—Enterprise Americas, NAVTEQ. “By using NAVTEQ’s comprehensive features and functionalities, Oracle customers can boost efficiencies and control costs, while improving customer service and uncovering revenue opportunities.”
“As business intelligence becomes more pervasive throughout
organizations and is utilized by a broader range of end users, global
digital map data is increasingly important for visualization and
location processing,” said Paul Rodwick, vice president of product
management, Oracle Business Intelligence. “No other BI and Enterprise
Performance Management software vendor includes world map data of this
caliber in terms of scope, accuracy and business value. Customers and
partners rely on Oracle to deliver the highest availability,
performance, scalability, security, and ease of use for their spatial
applications, and now can count on NAVTEQ’s administrative boundary
data, detailed street network, and industry specific data sets to
derive additional value from their BI applications, dashboards and
reports by adding a new dimension of data visualization and
About Oracle Business Intelligence and Enterprise Performance Management Oracle Business Intelligence is a portfolio of technology and applications that provides the industry's first integrated, end-to-end Enterprise Performance Management System, including category-leading financial performance management applications, operational BI applications, BI foundation and tools, and data warehousing. For more information visit: http://www.oracle.com/bi.
About the Oracle PartnerNetwork
Oracle PartnerNetwork is a global business network of more than 19,500 companies who deliver innovative software solutions based on Oracle software. Through access to Oracle's premier products, education, technical services, marketing and sales support, the Oracle PartnerNetwork program provides partners with the resources they need to be successful in today's global economy. Oracle partners are able to offer their customers leading-edge solutions backed by Oracle's position as the world's largest enterprise software company. http://oraclepartnernetwork.oracle.com/.
NAVTEQ is a leading provider of comprehensive digital map information for automotive navigation systems, mobile navigation devices, Internet-based mapping applications, and government and business solutions. NAVTEQ creates the digital maps and map content that power navigation and location-based services solutions around the world. The Chicago-based company was founded in 1985 and has approximately 3,100 employees located in 167 offices in 31 countries.
NAVTEQ is a trademark in the U.S. and other countries. © 2007 NAVTEQ. All rights reserved.
Oracle is a registered trademark of Oracle Corporation and/or its affiliates.
This document may include certain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to, plans, objectives, expectations and intentions and other statements contained in this press release that are not historical facts and statements identified by words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates" or words of similar meaning. The statements are based on our current beliefs or expectations and are inherently subject to various risks and uncertainties, including those set forth under "Item 1A. Risk Factors" in each of the Company's most recent Annual and Quarterly Reports filed with the Securities and Exchange Commission.
Actual results may differ materially from these expectations due to changes in global political, economic, business, competitive, market and regulatory factors. NAVTEQ does not undertake any obligation to update any forward-looking statements contained in this document.
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