Accelatis today announced that PPG Industries will install Accelatis Ascension Suite 3.0 to monitor, manage and improve the company’s Oracle EPM/Hyperion applications and environment. Accelatis is a leading provider of Application Performance Management (APM) solutions for Oracle Hyperion EPM, IBM Cognos BI, and other enterprise software systems. PPG Industries is now the world’s leading coatings and specialty products company. The global manufacturing company produces a wide range of paints and coatings as well as optical products, specialty materials, glass and fiber glass. Ascension Suite 3.0 is the premier Oracle EPM/Hyperion Application Performance Monitoring and Infrastructure Management software application, and it was built specifically to address the unique system and application management challenges of Hyperion systems. Accelatis Ascension Suite comprises a single solution for Oracle EPM / Hyperion that provides:
“PPG leverages new technologies and new capabilities in all facets of its business to achieve the best possible performance,” said Richard Cwiklinski, PPG project manager, IT finance. “Accelatis Ascension Suite’s simulation and testing capabilities will enable us to understand the impact of user activity on key financial reporting systems so we can focus on providing reliable system performance. Accelatis will also be a big help in streamlining our SOX (Sarbanes-Oxley) auditing and system-change-tracking efforts.” Through leadership in innovation, sustainability and color, PPG helps customers in industrial, transportation, consumer products, and construction markets and aftermarkets to enhance more surfaces in more ways than does any other company. Coatings by PPG protect everything from airplanes to golf balls and from circuit boards to bridges and buildings. “As a company that has established a leading position in critical markets, PPG relies on the performance of its financial management and reporting systems to maintain its leadership and stay on track with compliance testing and reporting,” said Jonathan Berry, president and CEO of Accelatis. “By leveraging Accelatis for HFM, Planning, and Essbase, PPG will enjoy unprecedented insight and control across these applications, allowing them to proactively understand and address any bottlenecks that could impact their global user community before they are actually impacted.”
Jefferies analysts note that recent construction spending data indicates a cycle rotation away from construction-exposed names and toward industrial- and durable goods-levered firms could be playing out.