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Christliches Jugenddorfwerk Deutschlands Chooses Altair‘s HiQube Business Intelligence Solution to Manage and Analyze Its Enterprise Business Information

HiQube-based management information system to improve operational efficiency and quality of service for German registered nonprofit association for young people TROY, Mich. – June 1, 2011 – Altair Engineering, Inc. announced today that the CJD (Christian Association of Youth Villages) has chosen HiQube®, a new-generation business intelligence and data analytics solution for guided decision-making, as its management information system (MIS). The CJD is a nationwide active registered nonprofit association with 150 offices across Germany. The 9,000 employees of the CJD support 150,000 challenged young people and adults with training and development work for their individual life situations.

The CJD will use HiQube to aggregate and manage information from various data sources to perform advanced analytics and publish interactive reports to monitor key performances across its finance, human resources, customers, market, competitive research and general business development functions.

The CJD selected HiQube in April after an extensive competitive evaluation process of roughly one year. Initially, the system will be used by management and controlling personnel at the association’s headquarters for reporting and data entry. In a follow-on phase, the technology will be rolled out to all departments and regions of the association. The implementation will be handled by Altair and its German implementation partner, Insight Dimensions GmbH.

“We were looking for a MIS because we realized, based on our standards for controlling and management, that we wanted to work with modern tools in the area of information management,” said Andreas Lingk, head of the corporate management department at CJD headquarters. “Not only will our controlling become more efficient and more appealing, but HiQube will also enable us to prepare the needed information with only a few clicks and to generate reports with one look and feel. We wanted a tool with which we could handle and manage all the different occurring data centrally and consistently. In addition, we were looking for good usability and a Web-based tool, which our staff could access from every computer and smart phone throughout our 150 offices. In other words, we were looking for a fast and cost-efficient MIS solution that would enable us to handle all of our business intelligence needs, and all of this is covered by HiQube.”

HiQube provides analysts and controllers with the powerful functionalities enabled by its multi-dimensional data engine via a new Web-based “self-service” application. It includes customizable dashboards, efficient hierarchical data management and an integrated numerical optimization engine for complex “what-if” analyses. As a result, users are able to analyze a large variety of key indicators and rapidly and easily generate important tailored reports including diagrams, detailed background information and comments, as well as alarm systems - almost in real time.

“We are happy the CJD has chosen HiQube as its MIS solution,” said Dr. Detlef Schneider, managing director at Altair Germany. “The quality of the CJD’s pedagogical work results from a longstanding experience in this area and from a broad and extensive quality management process. HiQube will help the CJD to capture and analyze decision-relevant data and processes to streamline and to further improve its services. The ability to make decisions based on validated information, as HiQube provides the CJD, is the basis of continuous improvement for the CJD’s offerings.”

About HiQube
HiQube is a high-performance, simulation-driven business intelligence and data analytics solution for guided decision-making. Developed and supported by Altair Engineering, HiQube leads an advanced generation of BI technology, serving as both an end-to-end BI solution and a complementary software stack extension to perform higher-level data analytics. HiQube empowers stakeholders across the enterprise to connect dynamically to multiple data stores and ad hoc data sets within a single unified environment. Complex business models can be easily created in HiQube’s combined multi-dimensional, relational and hierarchical data engine to deliver unparalleled decision-making power. To learn more, please visit http://www.hiqube.com.

About CJD
The CJD, which stands for Christliches Jugenddorfwerk Deutschlands (Christian Association of Youth Villages, Germany), was founded in 1947 and is a registered charity. For more than fifty years, the motto of its work has been "Let no one fall by the wayside!" The CJD is a large, nationwide organization for youth, education and social work. Every year it gives more than 150,000 young people and adults the chance to benefit from expert training, development work and support for their specific life situations. The CJD's 9,000 employees at more than 150 sites - from the Baltic island of Rügen to Berchtesgaden in the Bavarian Alps, from Dresden to the Saarland - provide their services and help on the basis of their Christian belief. Their aim is to ensure that every person is nurtured in line with their particular capabilities and is given a chance. For more information about the CJD please visit: http://www.cjd.de.

About Altair
Altair Engineering, Inc. empowers client innovation and decision-making through technology that optimizes the analysis, management and visualization of business and engineering information. Privately held with more than 1,500 employees, Altair has offices throughout North America, South America, Europe and Asia/Pacific. With a 25-year track record for high-end software and consulting services for engineering, computing and enterprise analytics, Altair consistently delivers a competitive advantage to customers in a broad range of industries. To learn more, please visit http://www.altair.com and http://www.altairhtc.com.

Press Contact:
Evelyn Gebhardt
Blue Gecko Marketing GmbH
Tel.: +49 6421 9684351

Company Contact:
Jean-Jacques Appleby
Altair Engineering
Tel.: +44 (0)1926 468 600

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