Cartesis Growing Faster than Overall OLAP Market

In its recently published OLAP Market Share analysis, the well-known and respected online The OLAP Report has determined that Cartesis is growing faster than the market itself. Online Analytical Processing or OLAP allows intuitive and fast manipulation of data for analysis purposes. After five years of 40%+ growth, this market grew over 20% in 1999 to reach $2.5 billion. Cartesis has consistently grown at a rate of 50%.

This tremendous growth is rapidly changing the face of the financial analytics market. In its review of Cartesis Carat, Cartesis' flagship product, the OLAP Report stated, "unlike Enterprise, Carat has a growing market share." Cartesis Carat is recognized as superior to Hyperion Enterprise 5.0 and other financial analytic application vendors in fifteen of the twenty-three features evaluated in The OLAP Report.

"These figures reveal the enormous demand that we are experiencing worldwide, but especially in the North American market for our unique, world class solutions." says Daniel Ruggeri, CEO of Cartesis.

Corporations need rapid and coherent financial information internally to respond to constant business changes and to provide stakeholders with reliable data. Through the use of the most thoroughly thought-out and processsupporting financial analytic software on the market today, Cartesis makes today's businesses more responsive to market conditions and to investors.

For more about OLAP and Cartesis Carat, access The OLAP Report at www.olapreport.com.

About Cartesis

Cartesis is a leading worldwide supplier of financial analytical applications for Strategic Financial Management. Cartesis offers truly integrated applications on a powerful common data model. Cartesis products give Global 2000 companies the analytical capacity and the flexibility they need to assess the rapid changes in their market places. One in six of the Fortune Global 100 and more than 25% of the Financial Times European 100 use Cartesis solutions to obtain unprecedented command over their financial information.

With over 400 employees, the company maintains offices and distributors worldwide. Cartesis is present in Paris, Stamford CT, Frankfurt, Brussels, Utrecht, Madrid, and Melbourne. Cartesis is a company of PricewaterhouseCoopers. Learn more about Cartesis products and services at www.cartesis.com.

Contact Cartesis, Michael Herstine mherstine@cartesis.com +33 1 53 93 0388.