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COMPANY NEWS
Pierre-Michel Peugnet
Our Board’s new financial expert
Pierre-Michel Peugnet has accepted the position of financial expert on ILOG’s Board of Directors, replacing departing Thomas Weatherford.
With more than 700 employees, main offices in nine countries and operations spanning four continents, ILOG is safeguarding its IT operations with Olivier Maurel, its newly appointed CIO.
Mr. Peugnet is vice president of the Planning Business Unit for Business Objects’ EMEA region, heading the division that markets the company’s suite of financial applications. Previously, he was Business Objects’ group vice president of corporate finance and corporate controller based in San Jose, Calif.
He oversaw Business Objects’ worldwide consolidation and external reporting on the NASDAQ and Euronext stock exchanges, and also supervised the company’s worldwide planning, budgeting, reporting and treasury management. Prior to this, he was the company’s chief financial officer of the EMEA and Asia-Pacific regions for Business Objects for more than six years.
Before joining Business Objects, Peugnet was senior auditor at the Calan Ramolino auditing firm, now part of the Deloitte Touche Tohmatsu financial advisory firm. He has a master’s degree in finance and economics from Paris Dauphine University, and is a board member of the French American Chamber of Commerce of San Francisco.
“ILOG will benefit from Pierre-Michel’s financial and business expertise. We welcome him to ILOG’s Board and look forward to his contribution,” says Pierre Haren, ILOG CEO and board chairman. “I also want to thank Thomas Weatherford for his active participation to our Board’s work over the years, and wish him well in his future endeavors.”
ILOG JRules 6 demo
‘No compromise’ never looked so good
The market for business rule management systems (BRMSs) has long been dominated by systems that favor either business personnel or IT staff, with very little middle ground for both. Not any more. ILOG JRules 6 has put an end to this by fully supporting both business and IT users. Neither has to compromise and both get a great BRMS. Now, you can see exactly how it’s done with a new Flash demo: “ILOG JRules 6 – Business Rule Management without Compromise.” Available for download or viewing through ILOG’s website, the demo takes the viewer on a tour of the most innovative BRMS to date.
The demo shows:
- How business and technical teams can work together to save time and increase productivity
- How easy it is for business teams to author, maintain and deploy business rules directly, safely and confidently
- A description of the modular architecture in ILOG JRules 6
- The significant performance enhancements that support added capabilities for both business and technical teams
- Some of the many features and benefits offered by ILOG JRules 6
So, put aside 10 minutes of your time and visit http://jrulesdemo.ilog.com to watch “ILOG JRules 6 – Business Rule Management without Compromise.” It could change your rules of business.
ILOG CEO on CNBC
‘Unfair technological advantage’
ILOG CEO Pierre Haren recently appeared on the popular CNBC program “Squawk Box,” where he was interviewed by veteran business analysts Geoff Cutmore and Guy Johnson.
The interview ranged widely, but particular attention was given to ILOG’s 19 percent jump in third-quarter sales this year. Mr. Haren attributed the increase to a number of large sales, referring specifically to USPS in the United States and Essilor in Europe.
“[USPS is] deploying a very large effort to optimize their transportation network to be more efficient,” Mr. Haren explained, “and we are the heart of these types of systems.”
Mr. Haren noted that the March quarter is usually a mild one, but the June and December quarters are usually strong for ILOG. It was a great quarter “by all measures,” he said, adding that ILOG had its highest revenue ever and a very decent profit level. On ILOG JRules 6, ILOG’s biggest release to date, Mr. Haren said it was definitely the largest investment in software the company had ever made.
“Now, it’s behind us,” he said, “and we hope we are going to reap the benefits of an unfair technological advantage for a number of quarters going forward.”
For the next wave in software investment, Mr. Haren said that companies will be focusing on business process management (BPM) and service-oriented architecture (SOA).
“BPM and SOA are the new ways to cut very large pieces of software into smaller services that then can be weaved [together] in a very flexible way, and we play extremely well in that,” he explained to the analysts. “We automate through optimization or business rule transaction-based services, and we are part of this new wave of software spending.”
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